Mystiko operates as a universal ZK SDK, enhancing the scalability, interoperability, and confidentiality of blockchains. Mystiko’s SDK enables developers to build blockchain applications that reduce costs, scale effortlessly, securely interact across chains, and protect users’ on-chain privacy (account balances, transaction histories, etc.).

Since its inception, Mystiko.Network has served as the trustless  decentralized zero-knowledge (ZK) technology infrastructure for cross-chain activity. Mystiko.Network V1 mainnet occurred in late March 2023, and within a year of its launch, Mystiko.Network V1 has:

• Supported $137 million in volume traded across 5 unique blockchains: Ethereum, BNB Chain, Polygon, Avalanche, and Base.
• Empowered over 55,000 unique wallets to send 220,000 transactions each saving in ZK costs.
• Generated $1 million in fee earnings for hundreds of ZK-Rollup miners and relayers in the network.
• Become the industry’s first and leading auditable ZK platform, effectively safeguarding normal users' on-chain assets from illicit activity and upholding compliance standards.

Having proven product-market fit for blockchain’s ZK infrastructure with a platform that has thrived independently, Mystiko.Network is now particularly well positioned for community-led growth, development, and self-sustainability.

• Industry Leading Product and Pioneering Technology: Mystiko stands out from other ZK blockchains by offering the industry's first and foremost ZK SDK, which transforms every typical blockchain application into a ZK blockchain application. The Mystiko SDK boasts two pioneering technologies: a) Auditable ZK technology, and b) "Snarking Snarks" (ZK of ZK) technology, designed to enhance both scalability and confidentiality features.
• Thriving Community and Ecosystem: As of March 2024, Mystiko.Network boasts over 300k community program participants, more than 80k active social media followers, over 55k active on-chain addresses, and surpasses 220k SDK transactions. On the ecosystem front, the Mystiko SDK has seamlessly integrated with all major Web3 projects, including Ethereum, BNB Chain, Polygon, Avalanche, Base, MetaMask, Wallet Connect, Gnosis Safe, LayerZero, Axelar, Celer, and Solana (with ongoing integration).
• Empowering the Future of AI & Web3 Applications: The Mystiko SDK revolutionizes Layer 1 and Layer 2 blockchains, wallets, bridges, and decentralized exchanges (DEXs) into ZK-based products, offering users reduced costs, enhanced interoperability, heightened security, and enhanced confidentiality. Simultaneously, Mystiko’s SDK serves as the trustless verification infrastructure for Bitcoin Layer 2s, decentralized autonomous (DA) projects, modular blockchains, and AI applications with sensitive data requirements.

XZK is the utility and governance token that operates the decentralized Mystiko.Network.

• XZK tokens are required to operate the network. Mystiko.Network’s operations rely on ZK-Rollup miners and relayers. To become ZK-Rollup miners/relayers, XZK token holders stake a reasonable amount of XZK.
• ZK-Rollup miners are operators responsible for consolidating users’ transactions into a ZK-Rollup, thereby reducing transaction costs.
• Relayers are operators who assist users in covering gas fees on the destination chain, enhancing confidentiality.

XZK Governance Functionality

• XZK tokens are required to vote on network governance. Mystiko.Network is a self-governed decentralized community where technical, product, and economic decisions are determined through a staked XZK token voting mechanism.
• Any address delegated with more than 1% of XZK supply may propose governance actions, which include finalized, executable code.
• When a proposal is created, the community can cast their votes during a 7-day voting period. If there is a majority, and at least 4% of XZK supply votes are cast for the proposal, it is queued and may be executed in a minimum of 2 days.
• XZK holders are responsible for ensuring that governance decisions are made in compliance with applicable laws and regulations. To help facilitate this, the fee switch has been initialized to a contract XZK holders can use to vote on tokens for which they will collect fees. The community is encouraged to consult knowledgeable legal and regulatory professionals before implementing any specific proposal.

XZK Token Allocation

• Token: XZK is Mystiko.Network’s token.
• Contract Address
• Total Supply: 1,000,000,000