{"id":"zilliqa-zil","title":"Zilliqa (ZIL)","content":"**ZIL** is the native token of [Zilliqa](https://iq.wiki/wiki/zilliqa), a [blockchain](https://iq.wiki/wiki/blockchain) platform that focuses on scalability and efficiency in transaction processing. It is used for various purposes on the platform, including [transaction fees](https://iq.wiki/wiki/transaction-fee) and participating in the network's governance.  It enables interaction with all [dApps](https://iq.wiki/wiki/decentralized-application) and platform services within the [Zilliqa](https://iq.wiki/wiki/zilliqa) ecosystem. ZIL can be utilized for various purposes, including payment for goods and services, purchasing and selling [NFTs](https://iq.wiki/wiki/non-fungible-token-nft), etc. [\\[6\\]](#cite-id-q7eiqfu16f)​\n\n## Tokenomics\n\nThe total supply is 21,000,000,000 ZIL. The initial token launch date was August 31st, 2017, and the initial distribution of ZIL was as follows: [\\[5\\]](#cite-id-5ts2rmgjo15)​\n\n* 30.00% allocated to Early & Community Contributions\n* 40.00% allocated to [Mining](https://iq.wiki/wiki/mining) Rewards\n* 30.00% allocated to Company, Team, Agencies\n\n![content\\_ZIL\\_Allocation.png](https://ipfs.everipedia.org/ipfs/Qmd4m1g63gHCtTgVGn7SSwBFPppXXmR9aAfg7fyX63Kb62 \"content_ZIL_Allocation.png\")\n\n### Token Generation Event\n\n​[Zilliqa](https://iq.wiki/wiki/zilliqa) launched its first Token Generation Event (TGE) in December 2017 to help sustain the research and development of [Zilliqa](https://iq.wiki/wiki/zilliqa) and facilitate [dApp](https://iq.wiki/wiki/decentralized-application) development and adoption of the platform. 60% of the finite supply of tokens was launched at this TGE. [\\[2\\]](#cite-id-celfuqcaz)​\n\n[YOUTUBE@VID](Q3vMG_ODG3Y)\n\n## Governance ZIL (gZIL)\n\nGovernance ZIL (gZIL) is the [governance token](https://iq.wiki/wiki/governance-tokens) for the [Zilliqa](https://iq.wiki/wiki/zilliqa) network. It allows long-term token holders to engage in ecosystem decisions. Each gZIL token represents one vote, and voting power scales according to the amount held. [\\[4\\]](#cite-id-8rqaj6r8ldq)​\n\n[YOUTUBE@VID](nP8C-0DIqYs)","summary":"Zilliqa (ZIL) is a scalable and efficient blockchain platform that uses its native token, ZIL, for transactions, network governance, and interaction with dApps.","images":[{"id":"QmTjcBqRCasL75oRWN5ci2q5KEF5WgnnSJXuEozAvHhbot","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptoassets","title":"Cryptoassets"}],"tags":[],"media":[{"id":"https://www.youtube.com/watch?v=Q3vMG_ODG3Y","size":"0","name":"Q3vMG_ODG3Y","type":null,"source":"YOUTUBE"},{"id":"https://www.youtube.com/watch?v=nP8C-0DIqYs","size":"0","name":"nP8C-0DIqYs","type":null,"source":"YOUTUBE"},{"id":"Qmd4m1g63gHCtTgVGn7SSwBFPppXXmR9aAfg7fyX63Kb62","size":"0.02","name":"content_ZIL_Allocation.png","type":"GALLERY","source":"IPFS_IMG"}],"metadata":[{"id":"references","value":"[{\"id\":\"ry9zg022d9\",\"url\":\"https://coinmarketcap.com/currencies/zilliqa/\",\"description\":\"ZIL on Coinmarketcap.\",\"timestamp\":1707186719599},{\"id\":\"celfuqcaz\",\"url\":\"https://blog.zilliqa.com/more-details-on-zilliqas-token-generation-event-4e1b78e0cf5a/\",\"description\":\"Zilliqa's TGE.\",\"timestamp\":1707186835660},{\"id\":\"tp2lmxh4bw9\",\"url\":\"https://www.zilliqa.com/staking\",\"description\":\"Staking ZIL.\",\"timestamp\":1707186852326},{\"id\":\"8rqaj6r8ldq\",\"url\":\"https://www.zilliqa.com/governance\",\"description\":\"The gZIL token.\",\"timestamp\":1707186869293},{\"id\":\"5ts2rmgjo15\",\"url\":\"https://www.coingecko.com/en/coins/zilliqa/tokenomics\",\"description\":\"ZIL tokenomics.\",\"timestamp\":1707186889990},{\"id\":\"q7eiqfu16f\",\"url\":\"https://coin98.net/what-is-zilliqa-zil\",\"description\":\"ZIL token information.\",\"timestamp\":1707186919406}]"},{"id":"website","value":"https://www.zilliqa.com/"},{"id":"twitter_profile","value":"https://twitter.com/zilliqa?lang=en"},{"id":"discord_profile","value":"https://discord.com/invite/zilliqa"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/zilliqa/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/zilliqa"},{"id":"rootdata_profile","value":"https://www.rootdata.com/projects/detail/Zilliqa?k=MTI0"},{"id":"previous_cid","value":"\"https://ipfs.everipedia.org/ipfs/QmYQy8c8a2Dp5LaAfBbgm9ue43HUEEQZd7oAEHvTMARggt\""},{"id":"commit-message","value":"\"Updated wiki content; removed Ethereum tag; changed category Cryptocurrencies→Cryptoassets; events 1→2; media updated (3→3)\""},{"id":"previous_cid","value":"QmYQy8c8a2Dp5LaAfBbgm9ue43HUEEQZd7oAEHvTMARggt"}],"events":[{"date":"2017-12-01","title":"Token Generation Event Launch","type":null,"description":"Token Generation Event Launch.","link":"https://blog.zilliqa.com/more-details-on-zilliqas-token-generation-event-4e1b78e0cf5a/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null,"id":"e5280b7b-7035-4aef-8944-e640b17d8577"}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0xcAF1CD3c9C76382E38fd813aecf103325ebD0dbE"},"operator":{"id":"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138"},"language":"en","version":1,"linkedWikis":{"blockchains":["zilliqa"],"founders":["max-kantelia","amrit-kumar","xinshu-dong","prateek-saxena"],"speakers":[]},"recentActivity":"{\"items\":[{\"id\":\"6030174d-538d-4dd5-a811-2439739cd030\",\"title\":\"Zilliqa (ZIL)\",\"description\":\"Zilliqa (ZIL) is a scalable and efficient blockchain platform that uses its native token, ZIL, for transactions, network governance, and interaction with dApps.\",\"timestamp\":\"2026-07-18T15:03:14.696Z\",\"category\":\"Cryptoassets\",\"status\":{\"icon\":\"RiGlobalLine\",\"label\":\"Wiki Updated\",\"iconClassName\":\"text-green-500\"},\"user\":{\"name\":\"0xcAF1CD3c9C76382E38fd813aecf103325ebD0dbE\",\"address\":\"0x1E23b34d3106F0C1c74D17f2Cd0F65cdb039b138\"},\"button\":{\"label\":\"View Summary\",\"icon\":\"RiFileTextLine\"},\"summarySections\":[{\"title\":\"Tags\",\"subtitle\":\"Tag entries were changed: some tags removed, one added, and the tags array was cleared.\",\"variant\":\"modified\",\"changeCount\":4,\"changes\":[\"Removed tag id 'cryptocurrencies' (title: 'Cryptocurrencies')\",\"Added tag id 'cryptoassets' (title: 'Cryptoassets')\",\"Removed tag id 'Ethereum'\",\"Final tags array is now empty (tags: [])\"]},{\"title\":\"Content\",\"subtitle\":\"Small formatting updates in the main content: image markdown and spacing adjustments.\",\"variant\":\"modified\",\"changeCount\":3,\"changes\":[\"Updated image markdown for content_ZIL_Allocation.png to include a title attribute (added: \\\"\\\\\\\"content_ZIL_Allocation.png\\\\\\\"\\\") [[6]](#cite-id-q7eiqfu16f) [[5]](#cite-id-5ts2rmgjo15) [[2]](#cite-id-celfuqcaz) [[4]](#cite-id-8rqaj6r8ldq)\",\"Inserted a newline between the list item '30.00% allocated to Company, Team, Agencies' and the allocation image (previously the image was inline immediately after the text) [[6]](#cite-id-q7eiqfu16f) [[5]](#cite-id-5ts2rmgjo15) [[2]](#cite-id-celfuqcaz) [[4]](#cite-id-8rqaj6r8ldq)\",\"Removed/reduced extra blank lines/spaces before the YouTube embeds and before the 'Governance ZIL (gZIL)' header [[6]](#cite-id-q7eiqfu16f) [[5]](#cite-id-5ts2rmgjo15) [[2]](#cite-id-celfuqcaz) [[4]](#cite-id-8rqaj6r8ldq)\"]},{\"title\":\"Events\",\"subtitle\":\"An event record was updated: id, date, location fields and type were changed.\",\"variant\":\"modified\",\"changeCount\":4,\"changes\":[\"Event id changed from '4548ef75-6db2-4d29-b54a-4c91d00e51a2' to 'f845dc08-815e-47e8-b8d4-d129c439099c'\",\"Event date changed from '2017-12' to '2017-12-01'\",\"Added location fields: 'continent': null and 'country': null\",\"Event 'type' changed from 'CREATED' to null\"]},{\"title\":\"Metadata\",\"subtitle\":\"New metadata keys were added to the wiki record.\",\"variant\":\"added\",\"changeCount\":3,\"changes\":[\"Added metadata id 'blocks-changed' with value 'tags, events'\",\"Added metadata id 'wiki-score' with value '69'\",\"Added metadata id 'rootdata_profile' with value 'https://www.rootdata.com/projects/detail/Zilliqa?k=MTI0'\"]},{\"title\":\"Summary\",\"subtitle\":\"Summary field was removed and re-added in the diff.\",\"variant\":\"modified\",\"changeCount\":1,\"changes\":[\"Summary text was removed and then re-added (text appears unchanged)\"]}]}]}"}