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Zignaly Starts New Partnership with Parataxis Capital

Published 01/24/2022, 09:26 AM
Updated 01/24/2022, 09:30 AM
© Reuters.  Zignaly Starts New Partnership with Parataxis Capital

As the crypto space grows, the appeal of investing in these once niche assets has grown significantly. However, the complexity around digital assets and investing in them is a stigma that persists. Doing ample research, learning which platforms are best to use, and knowing when to buy and sell are just some factors to consider when investing. With the popularity of digital assets on a consistent upward trajectory, many companies have made interacting and investing a more straightforward process.

Zignaly has taken the complexity of investing in crypto and made it a user-friendly experience thanks to their social investment platform. The platform enables users to share the profits made from other professional crypto traders by using copy-trade strategies. The platform also allows experienced traders to run actively managed investment services that users can benefit from for a small fee. Zignaly has recently started a partnership with Parataxis Capital. The partnership was formed so Zignaly could bring the most popular crypto project to their new multi-chain launchpad, ZIGPAD. ZIGPAD is a tool that will allow blockchain projects to raise funds while allowing the platform’s userbase to participate in cross-chain IDOs, without fighting for smart contracts. With strategic partners like Parataxis onboard and backing the company’s vision, Zignaly and ZIGPAD’s future growth looks promising and will ultimately benefit the user the most.

Zignaly’s Vision

The creation of Zignaly came from the companies desire to bring the often complex and dense world of crypto investing to the masses. They wanted to give investors the chance to diversify their portfolios with digital assets without the need for excessive specialized technical knowledge.

Through their well-established platform, users can invest through experienced, expert traders who take their crypto investing knowledge and use it to guide users. To ensure that the platform is fair to both the users and the investors, investors must invest their own capital in the fund. Investors only earn capital after fulfilling incentives tied to the profits and must follow strict measures with risk management in mind. The platform has already brought in a wealth of top funds and traders from the crypto industry that has provided knowledge and insight.

The social investment platform has over 732,000 monthly visitors, an average month-over-month increase of 100,000, that have invested over $120 million from more than 300 of the platform’s vetted expert traders. Zignaly also has a reward program, which allocates a certain number of ZIG coins to a monthly pool. As Zignaly grows in popularity and starts new partnerships, ZIG holders can continue to accumulate tokens that can eventually earn passive income by simply participating.

The reward program looks to not only award users for their investing and loyalty, but also expert traders and funds that offer secure and successful investing strategies to the user base. Their new platform, ZIGPAD, will work similarly, but for the launch of new projects.

PARATAXIS Capital

Parataxis Capital Management LLC is a multi-strategy investment firm dedicated to digital assets. The company is the Investment Manager to the Parataxis Absolute Return Fund LP, Parataxis Special Opportunities Fund Ltd., and Parataxis Digital Yield Fund. Parataxis Capital, a Service-Disabled Veteran-Owned Small Business, has invested in and brought to market numerous projects such as Pendle, HaloDAO, Solace, Dexlab, Mangrove, Blockchain Space

The partnership between Parataxis Capital and Zignaly goes beyond bringing new projects to ZIGPAD. With the unique and expert skills of the Parataxis team’s process of project vetting, tokenomics, and blockchain research the ZIGPAD platform will significantly grow and evolve. With the help of Parataxis Capital, Zignaly will have more thorough and professional processes when it comes to vetting and finalizing quality projects for users.

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