DoubleZero Token Sale for Validators: April 2-April 22

DoubleZero Foundation partners with CoinList to launch a global, multi-ecosystem token sale for validators

New Foundations for Crypto

Today's blockchain networks confront a critical constraint - not in processing power, but in communication infrastructure. While smart contracts and DeFi have evolved rapidly since 2009 when Satoshi Nakamoto mined the Bitcoin block, validators securing modern blockchain networks remain bottlenecked by an internet designed decades ago to prioritize resilience rather than performance. This bottleneck has silently limited the potential of the entire industry at a crucial moment in its adoption cycle.

DoubleZero aims to solve the communication problem by building a new infrastructure layer, a specialized global network with dedicated fiber connections using FPGA hardware to dramatically reduce latency while multiplying throughput for validators. This represents both an upgrade in the tech stack as well as a fundamental reimagining of how distributed systems communicate, comparable to the shift from dial-up to broadband in the late 1990s internet. The timing couldn't be better, as regulatory environments worldwide shift from ambiguity toward clarity, with key markets—including the United States—increasingly embracing crypto innovation rather than forcing it offshore.

CoinList enables DoubleZero’s global sale to Validators—which represents the first CoinList sale open to US accredited investors since 2019—and is specifically designed to allow essential infrastructure providers across Solana, Aptos, Avalanche, Celestia, and Sui to participate in building this critical foundation for our industry. Just as widespread internet adoption required both infrastructure investment and supportive regulation, blockchain's next evolution demands purpose-built communication networks and clear regulatory frameworks. Those who secure these networks today deserve the opportunity to shape the infrastructure that will define their future.

How to Participate: A Guide for Validators

The DoubleZero Token Sale for Validators marks a pivotal shift, transforming established validators into architects of industry-wide infrastructure. For the first time, proven operators from Solana, Aptos, Avalanche, Celestia, and Sui can transcend their native ecosystems to build essential cross-chain architecture.

Unlike conventional token sales, this sale is specifically for those who secure networks. Our multi-step process ensures 2Z tokens flow directly to validators—the true backbone of blockchain infrastructure. By prioritizing validators across multiple chains, we're laying the foundation for a unified, blockchain-optimized internet that connects the entire ecosystem.

Here’s how it works:

• Eligible participants first indicate interest in the sale between April 2 and April 10 by declaring their public keys and (optionally) a per-unit price and/or maximum budget for 2Z tokens, in a non-binding form. Only those that submit the form before April 10th will be eligible to purchase 2Z.
• Those submissions are ingested to determine a clearing price for all participants.
• Then, participant-specific quantities are generated. Above all, participants who have more stake on eligible networks may be offered more tokens. In addition, participants who aid in price discovery (by specifying a price on the intake form, especially a higher price) may be offered more tokens.
• Eligible Networks include Solana, Sui, Aptos, Avalanche, and Celestia. 
• Eligible participants receive a customized take-it-or-leave-it offer, with a participant-specific quantity, and at the common clearing price.
• Subject to passing all compliance and eligibility checks, an eligible participant can make the purchase. A participant may also choose to decline or ignore the offer at no cost.

Token Utility: Powering the DoubleZero Network Economy

The 2Z token is designed to underpin the utility, efficiency, and security of the DoubleZero protocol, by aligning incentives between users, contributors, and community members. Once the protocol is fully operational, the 2Z token is expected to serve the following key functions:

• Utility: In the DoubleZero system, most payments happen using 2Z tokens. People who want to use the high-performance network pay with 2Z tokens (or native tokens of the applicable blockchain protocol, which are then converted to 2Z). Network contributors who provide the connections that make up the network receive 2Z tokens as payment. This makes the 2Z token the essential currency that enables value exchange throughout the platform.
• Efficiency: 2Z tokens reward efficiency improvements. Contributors receive tokens based on how much they enhance the network beyond what's possible on the public internet – specifically by providing more bandwidth and reducing delays. The reward system uses Shapley values (a fair way to distribute value in cooperative situations) to calculate how much each contributor deserves based on their impact on the network's overall performance.
• Security: Security is essential for decentralization, and the 2Z token strengthens the protocol's security in three important ways:
  • Users can stake the 2Z token and facilitate network operations, i.e. doing tasks like managing traffic routing logic, verifying the attributes of connections, and ensuring rewards are distributed fairly. New 2Z tokens may be created and distributed as rewards to those who perform these functions.
  • Some of the tokens earned by network contributors may be permanently removed from circulation (burned) in specific ways that prevent too much power from concentrating in too few hands and discourage inorganic traffic from bad actors.
  • Eventually, the 2Z token is anticipated to give users the ability to participate in normal governance activities, allowing them to vote on decisions that affect the network.

The below diagram shows the general flow for the 2Z token. Please see a longer description of these core concepts at: https://economics.doublezero.xyz/overview

Launch Details

The Validator sale purchase period will be live from April 15 to April 22. For complete details on the sale structure and how it enhances DoubleZero's network infrastructure, visit our dedicated page on CoinList.

If you haven’t already, set up your CoinList account now: https://coinlist.co/register or if you have a CoinList account already, you can indicate your interest in the DoubleZero validator sale here: https://cform.coinlist.co/forms/1ed087a4-4667-4fa5-b18f-e9c2d982f349

Disclaimer: 

This information is for informational purposes only and is not, and is not intended to be, an offer and sale of securities or 2Z tokens. Any offer or sale will only be done through definitive offering documents for 2Z tokens, which will be available beginning on April 15, 2025 for participants who have proven their eligibility, including KYC checks and accredited investor status for US persons, and will only be able to be accessed through CoinList. Do not rely on any other source of information regarding the 2Z token sale other than through CoinList. The contents of this page are based on information available at the time of its preparation and are subject to change without notice.

We do not consider the 2Z tokens to be securities but due to the lack of clarity of the securities laws of the United States and foreign jurisdictions, only verified accredited US investors and verified non-US persons will be considered as eligible participants. 2Z have not been registered under the U.S. Securities Act of 1933 or any state securities laws and are being offered in reliance on exemptions from registration. As such, they are subject to restrictions on transferability and resale and may not be transferred or resold except as permitted under applicable laws.

Information contained herein contains “forward looking statements” that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance and are not statements of historical facts. Forward looking statements are based on expectations, estimates and projections at the time the statements are made and involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Neither IBRL (BVI), Ltd. nor CoinList can provide any guarantee or certainty with respect to any forward looking statement.

This crypto-asset marketing communication has not been reviewed or approved by any competent authority in any Member State of the European Union. The offeror of the crypto-asset is solely responsible for the content of this crypto-asset marketing communication.

The 2Z MiCA whitepaper has been published at www.doublezero.xyz/whitepaper-mica.pdf. You may contact us at [email protected] or +1-345-769-1628.