Zilliqa day 2019 has been in the works for a while now. Members of the ZIL community are anxious to see what it brings. It is scheduled for June 18, 2019, and there have been lots of rumors about the network’s collaboration with Facebook.
Zilliqa (ZIL) Price Today – ZIL / USD
Zilliqa has plans to tackle three vertical markets including entertainment, gaming and financial services. It aims to compete with the likes of Mastercard and Visa.
Zilliqa Launched its Smart Contract Platform Last Week
ZIL made major moves last week as it announced the release of its first smart contract platform. This platform was built on sharding and uses Scilla as a language. This week, the network is releasing more developments that may boost the value of Zilliqa.
The platform is really aiming high and the announcement tomorrow could change everything about it. Tomorrow isn’t just for Zilliqa day. It is also the day when Facebook coin makes its debut. There’s a lot of tension about what the coin could mean for other cryptos in the sphere.
Is Zilliqa Partnering with Facebook?
The coinciding date for Zilliqa day and Facebook coin launch has fueled rumors that there is a collaboration between them. So many factors have contributed to the rumors such as the advisor for Zilliqa who is also a head of Blockchain at Facebook. Still, this doesn’t imply that there will be a collaboration between the parties.
Zilliqa team has denied having a link with Facebook. On Twitter, it announced that such rumors were nothing but fake news.
There’s been a lot of speculation around this in recent weeks…To clarify again, we are not collaborating with Facebook on any projects. Make sure you trust information only from reliable sources and say no to #fakenews https://t.co/N8xa2cQskt
— Zilliqa (No airdrops or ETH giveaways) (@zilliqa) May 21, 2019
The account tweeted that members of the Zilliqa community have been speculating different scenarios. Then it stated again for clarity that the network would not be collaborating with Facebook tomorrow or on other projects. Members of the community were also advised to get the right news from reliable sources.
This isn’t the first time that the network has debunked the rumor. In late 2018, the rumor sprang up and members of the community anticipated a collaboration with Facebook. In a tweet, this rumor was debunked.
Zilliqa Aims to Take Over Entertainment, Finance and Gaming
From the reports, ZIL seems to be aiming for something bigger than a collaboration. It intends to disrupt the system. The founder, Max Kantelia spoke about this in an interview. He said the company was aiming for three vertical markets including entertainment, gaming and financial services. In recent times, ZIL entered into a partnership with Mindshare. This 30 billion turnover group aims at creating an end to end reconciliation platform with Zilliqa for the digital advertising industry.
The Founder also confirmed that the network is searching for more collaborations in a bid to widen the reach of ZIL. He hopes that it will be a worthy competitor to Master, Visa and the likes.
Many fear that the announcements tomorrow may be a PR attempt citing Justin Tron’s recent announcement. There is no way to tell until tomorrow.
What is the price of Zilliqa Today?
At press time, Zilliqa is trading at $0.025448 according to Coin Market Cap. The coin has seen a 7.38% rise in 24 hours. Its market cap is $221,075,863, with a 24 hour volume of $93,737,450. How high can Zilliqa go?