Raising $17 million in funding, the new star in the privacy sector zkPass TGE is coming soon. How to participate in the ZKP airdrop?

Privacy Data Verification Protocol zkPass Officially Announces Launch of Its Native Token ZKP on Binance Alpha Platform on December 19, with airdrops for eligible users, marking the project’s transition from technical R&D to market ecosystem development. zkPass’s core innovation lies in its zkTLS technology, which allows users to verify authentic information from any HTTPS website without exposing raw data, aiming to bridge the data gap between Web2 and Web3. Prior to this launch, the project completed $17 million in funding, supported by top-tier investors including Binance Labs and Animoca Brands. Its technical approach, in the context of increasing compliance requirements and the rising value of data, is regarded as highly strategic by the market.

From Technical Breakthroughs to Market Debut: Why Is zkPass Highly Anticipated?

In the Web3 era, where data ownership and privacy security are becoming central issues, zkPass’s debut is no accident. The project is essentially a zero-knowledge proof (ZKP)-based Privacy Data Verification Oracle Protocol. In simple terms, it addresses a key pain point: how to securely and verifiably use vast, trusted private data (such as educational credentials, income proofs, credit records) from the internet (Web2) on blockchain (Web3) applications without revealing the data itself. This capability is considered foundational for next-generation on-chain credit lending, compliant DeFi, and real-world asset (RWA) tokenization.

Market expectations are reflected in capital choices. According to public information, zkPass completed a $12.5 million Series A funding in October 2024, led by Binance Labs, OKX Ventures, Animoca Brands, and Framework Ventures, bringing total funding to $17 million. Its listing on Binance Alpha is a key step for ecosystem expansion and token distribution. As a prominent project showcase and community-building platform, the Alpha platform’s launch typically involves airdrops for early supporters, aiming to rapidly build an initial user base and community consensus.

From a broader perspective, zkPass aligns with multiple market trends. On one hand, global data privacy regulations (like GDPR) are tightening, making traditional data transfer models unsustainable; on the other hand, traditional finance and internet giants are actively exploring blockchain and stablecoin applications, creating a huge demand for verifiable off-chain data. zkPass offers a compliant, privacy-first solution.

Core Technology zkTLS Explained: How to Generate a “Data Fingerprint” in a Browser in One Second?

All of zkPass’s concepts are built on its core technology zkTLS. To understand its revolutionary nature, think of it as a highly secure “data notary”. TLS is the standard protocol today for securing data transmission on the internet (HTTPS), and zkPass’s innovation is integrating zero-knowledge proofs and multi-party computation (MPC) on top of it, forming the so-called “3P-TLS” framework.

Its workflow can be simplified into three steps: First, when a user needs to prove data from a webpage (e.g., bank account balance), zkPass’s client runs a lightweight program locally in the browser to establish a one-time secure connection with the target website. Second, after obtaining the data locally, the program immediately generates a cryptographic “proof” using zero-knowledge proof algorithms. This proof acts like a “fingerprint” of the data, confirming “the user possesses data satisfying certain conditions” without revealing the specific details (e.g., exact balance). Finally, this concise proof is submitted to the blockchain for verification and use by relevant applications. The entire process is claimed to be completed in less than one second in the browser.

zkPass Key Data and Progress Overview

Funding: Total of $17 million, with $12.5 million Series A led by Binance Labs

Technical Data: Supports over 70 data sources, 200 data models; over 2 million zk attestations generated

Token Economics: Total supply 1 billion ZKP, community allocation 48.5% (unlocked 12.5% at TGE)

Core Capabilities: Based on zkTLS, enables zero-knowledge proof verification of private data from HTTPS websites

Recent Milestones: TGE scheduled for December 2025, with exchange listing; mainnet fully launched in Q4

Unlike traditional oracles that simply fetch and transmit public data, zkTLS focuses on private and permissioned data, ensuring privacy throughout. Currently, the protocol supports over 200 data models from more than 70 verified web sources across finance, education, social, and other fields. This means new technical pathways are available for verifying university diplomas, proving off-chain income, confirming vaccination records, and KYC identity information.

ZKP Token Economics and Ecosystem Empowerment: More Than Just Governance Credentials

As the TGE approaches, zkPass’s token economic model clarifies the multiple roles of ZKP within the ecosystem. According to its disclosures, the total supply is 1 billion ZKP, with a community-focused distribution: 48.5% to the community (for ecosystem development), 22.5% to early investors, 14% to core contributors, 10% to the DAO treasury, and 5% for initial liquidity. Notably, tokens allocated to community, investors, and contributors have varying lock-up periods and linear release schedules, helping to reduce short-term selling pressure and align token value with long-term network growth.

ZKP is more than a typical governance token. It is designed as the “fuel” driving the protocol’s operation, with use cases including: paying for protocol services and data verification fees; serving as staking collateral for node operators to participate in the network and earn rewards; and granting governance voting rights for protocol upgrades and parameter adjustments. Additionally, tokens will be used to incentivize data contributors and users participating in ecosystem activities, such as the upcoming Binance Alpha airdrop.

This economic model aims to create a positive feedback loop: increasing data verification demand drives protocol fees, attracting more nodes to stake ZKP for service provision and earning rewards, while staking and burning mechanisms may reduce circulating supply. An active governance community can steer the protocol to better meet market needs. Whether this flywheel can be successfully launched is key to ZKP’s long-term value.

Future Outlook and Potential Challenges: The Path Toward “Verifiable Internet”

zkPass envisions becoming a trusted data bridge connecting the real world and the digital realm, with a roadmap pointing toward broader applications. After the mainnet fully launches in Q4 2025, it will support data proofs across all scenarios. The 2026 outlook includes expanding zkTLS network scale and focusing on integration with AI infrastructure, aiming to become the foundational layer of a “verifiable internet” that provides high-quality real data for decentralized AI training.

This vision holds great potential. In AI, data authenticity and quality are critical; zkPass can provide cryptographically verified training data while protecting data providers’ privacy, opening a new data marketplace. In DeFi, it can support identity-based credit lending and complex RWA products. From a compliance perspective, its native technology aligns with principles like “data minimization” and “verifiable credentials,” facilitating integration with traditional financial systems.

However, the road ahead is fraught with challenges. First, balancing technical complexity and user experience is a major hurdle—making zero-knowledge proof generation easy for non-technical users is not trivial. Second, market competition is fierce, with traditional centralized oracles and other privacy-focused blockchain projects vying for the same space. Lastly, regulatory environments remain uncertain; although its technical approach aligns with privacy protection trends, seamless compliance with diverse global data regulations remains a key challenge for large-scale deployment.

What is zkPass? In summary, zkPass is a decentralized protocol that leverages zero-knowledge proofs to securely and privately verify and transmit Web2 private data to Web3 applications. It does not aim to replace the existing internet but adds a powerful “verifiable layer,” enabling data to generate value during flow while returning control to users. Its success or failure will not only determine the growth of a project but also test the market’s acceptance of truly practical, compliant privacy technologies.