ZLX Whitepaper
Zenith Labs X’s Oxygen
Executive Summary
ZLX is a utility token on the Solana blockchain designed to fuel innovation through Zenith Labs X, a registered 501(c)(3) non-profit technology accelerator. Every dollar raised from the direct sale of ZLX tokens directly supports our mission and operations. With a total supply of 400 million tokens and a planned cycle-based release every five years, ZLX not only serves as a funding tool but also as a means of decentralized governance. Token holders—subject to certain participation thresholds—can actively shape strategic decisions and participate in community discussions through our governance process. Future updates will be communicated via proposals, community discussion boards, and our newsletter, "The Weekly Wiggle."
Introduction
ZLX is a utility token on the Solana blockchain created to advance innovation through Zenith Labs X, a registered 501(c)(3) non-profit technology accelerator. Every dollar from the direct sale of ZLX tokens supports our mission and operations.
- Total Supply: 400 million tokens (subject to future cycle releases)
- Vesting: 375 million tokens will be released in 5 cycles (75 million tokens per cycle)
- Governance: Token holders actively participate in guiding the direction of Zenith Labs X, with a minimum of 2.5% ZLX holding required to submit proposals (all holders can vote).
- Purpose: ZLX is designed as a funding and participation tool—not as an investment or speculative asset.
Token Mechanics
ZLX is the engine powering our non-profit community and governance model. Key features include:
- Direct Fundraising: Tokens are available via a tiered pricing structure; all net proceeds support our non-profit operations.
- Transparent Treasury: Every ZLX transaction is recorded on the Solana Explorer, ensuring complete accountability.
- Decentralized Governance: Token holders vote on strategic initiatives, including the selection of Entrepreneurs-in-Residence and allocation of funds. (Note: Only those holding at least 2.5% of total ZLX may submit proposals, though all holders are welcome to vote.)
- Controlled Circulation: With scheduled cycle releases every 5 years (with future mints), long-term sustainability and diversity of thought are promoted.
Tiered Release & Pricing Schedule
Release Cycle Overview
| Cycle |
Year |
Tokens Released |
Average Price per ZLX* |
Funds Raised |
Release Date |
| Cycle 1 |
2025 |
75 million |
$1.00 |
$75 million |
Live |
| Cycle 2 |
2030 |
75 million |
TBD |
TBD |
January 1, 2030 |
| Cycle 3 |
2035 |
75 million |
TBD |
TBD |
January 1, 2035 |
| Cycle 4 |
2040 |
75 million |
TBD |
TBD |
January 1, 2040 |
| Cycle 5 |
2045 |
75 million |
TBD |
TBD |
January 1, 2045 |
2025 Release Cycle Tiered Pricing
| Tier |
Tokens Allocated |
Price per ZLX |
Funds Raised |
| Tier 1 |
15 million |
$0.80 |
$12.0 million |
| Tier 2 |
15 million |
$0.90 |
$13.5 million |
| Tier 3 |
15 million |
$1.00 |
$15.0 million |
| Tier 4 |
15 million |
$1.10 |
$16.5 million |
| Tier 5 |
15 million |
$1.20 |
$18.0 million |
| Total |
75 million |
Weighted Avg: $1.00 |
$75 million |
Note: Future cycle releases are planned every 5 years, continuing in perpetuity. Details may be updated as needed to reflect funding requirements and market conditions.
Participation & Utility
Owning ZLX gives you a direct role in shaping the future of technological innovation. Benefits include:
- Governance: Vote on proposals and nominate Entrepreneurs-in-Residence. (Note: Only token holders with at least 2.5% of total ZLX can submit proposals.)
- Community Engagement: Participate in exclusive discussions, events, and decision-making processes.
- Access: Enjoy exclusive entry to Zenith Labs X spaces and initiatives around the world.
Remember: ZLX is designed as a contribution toward innovation—not as an investment vehicle.
Governance Model: Collaborative Oversight
Zenith Labs X employs a governance structure that balances community participation with strategic oversight. Token holders can submit proposals (if holding at least 2.5% of total ZLX), engage in discussions, and vote on proposals with voting power proportional to their holdings. A separate ZLX-VETO token grants veto authority to ensure proposals align with our mission.
Governance Flowchart
[Token Holder (≥2.5%)]
│
▼
[Submit Proposal]
│
▼
[Community Deliberation on Proposal]
│
▼
[All Token Holders Vote]
│
▼
[Results Tally]
│
▼
[ZLX-VETO Token Holder Reviews Outcome]
│
├──(If aligned)──────► [Proposal Approved & Implemented]
│
└──(If not aligned)──► [Veto: Proposal Rejected]
- Submission: Only token holders with at least 2.5% of total ZLX may submit proposals.
- Deliberation: All token holders participate in community discussions on proposals.
- Voting: Each token represents one vote, with influence proportional to holdings.
- Review: The designated ZLX-VETO token holder has the final authority to veto proposals conflicting with strategic goals.
How Voting Power is Calculated
Every ZLX token represents one vote, and every token holder is eligible to cast a vote on proposals. Your voting power is determined by the percentage of ZLX you hold relative to the total number of tokens cast in a given vote. (Note: The 2.5% threshold applies only to the right to submit new proposals; all ZLX holders, regardless of holding size, may vote.)
Example:
- Total Voting Pool: 10,000,000 ZLX
- Holder A: 100,000 ZLX (Voting Power: 1%)
- Holder B: 500,000 ZLX (Voting Power: 5%)
- Holder C: 9,400,000 ZLX (Voting Power: 94%)
If a proposal is put to a vote, then:
- Holder A's vote counts as 1% of the total vote.
- Holder B's vote counts as 5%.
- Holder C's vote counts as 94%.
Acquiring ZLX
Direct Purchase:
ZLX tokens are available through our tiered pricing structure. Payment options will include both cryptocurrency and fiat. (A basic KYC process, including EIN verification for entities, is required to ensure regulatory compliance.)
[Insert Call-to-Action to Purchase]
Exchange Listings:
We plan to list ZLX on Solana-based DEXs and major exchanges to ensure liquidity for token holders.
[Link out to various exchanges once live and listed]
Legal Framework & Guidelines
For added credibility and compliance, we reference:
- U.S. Securities and Exchange Commission (SEC) Guidelines: Although ZLX is not an investment, we adhere to principles ensuring no securities-like characteristics.
- Financial Crimes Enforcement Network (FinCEN) and AML/KYC Regulations: Ensuring that all transactions comply with anti-money laundering and know-your-customer guidelines.
- Solana Program Library (SPL) Standards: Adhering to best practices for token development on Solana.
- International Regulatory Frameworks: Relevant to the jurisdictions in which our users reside; users are responsible for ensuring compliance in their own regions.
See Legal disclaimer and our terms and conditions below.
Future Updates & Communication
Zenith Labs X is committed to transparency and community engagement. Future updates regarding token metrics, governance, and operational changes will be communicated through:
- Community Proposals and Discussion Boards
- The Weekly Wiggle Newsletter
- Official Announcements on our Website and Social Media Channels
Join the Movement
By acquiring ZLX tokens, you join a community dedicated to driving innovation. Your contribution directly supports the accelerator’s mission, and your participation helps shape the future of Zenith Labs X.
- Purchase ZLX:
Support our mission through our tiered token sale. - Track Our Progress:
Monitor our treasury via the Solana Explorer. - Get Involved:
Learn more about our vision and become an active part of the conversation.
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Legal Disclaimer
ZLX is a utility token designed solely to support the mission of Zenith Labs X, a registered 501(c)(3) non-profit technology accelerator. It is not an investment, security, or profit-sharing instrument and does not confer any ownership, equity, or financial returns.
- Purpose:
ZLX is a tool for community participation, fundraising, and governance. - No Ownership Rights:
Token holders do not gain equity or dividend rights. - Independent Operation:
Zenith Labs X operates independently and is not affiliated with any financial institution, government agency, or regulatory body. - Security Notice:
We will never contact you requesting personal information. Always verify official communications through our website.
This whitepaper is for informational purposes only and does not constitute financial, legal, or investment advice. Please consult a professional advisor before making any financial decisions.
By participating, you acknowledge that you have read and agree to our ZLX
Terms & Conditions.
