Social crypto investment platform Zignaly is further building on the promise of decentralization by launching ZIG DAO (Decentralized Autonomous Organization), which will provide its fast-growing community with significant decision-making power to become capable of impacting any future upgrades and benefitting from the decentralized finance (DeFi) and Web3 trends.

Today, Zignaly boasts over 430,000 users, making it the largest expert-managed social investing platform in the world. Zignaly’s global community will also now have further say in how the ecosystem further develops.

The launch of ZIG DAO will allow the company to unlock the full potential of its platform and community to expand their range of Web3 products and features. This will give Zignaly the ability to provide crypto investment opportunities without the constraint of centralized exchanges (CEXes). The company will then be able to further integrate its social investment products into the DeFi space, and the platform will gradually add support for non-fungible tokens (NFTs), DeFi staking and liquidity pools, metaverse real estate, and other novel investment opportunities.

Zignaly CEO Bartolome R. Bordallo explained:

"We’ve spent five years providing the expert-managed social investing tools that help every user reach their crypto investment goals, and now it’s time to decentralize and expand. With the launch of ZIG DAO we have extended our mission by introducing a truly decentralized organization that puts the power fully in the hands of the community. This enables the community to leverage the power of Zignaly while removing any chance of meddling or control from the exchanges or from Zignaly.”

Zignaly has become the leading crypto investment platform allowing retail investors to implement the strategies of experienced traders. Its flagship product, Profit Sharing, enables users to select vetted pro traders and start trading on autopilot while using their strategies. The fees are paid from the profits – a business model which attracts many beginners. Currently, the platform oversees over $120 million of user funds under management.

Thanks to the proven experience of professional traders, Zignaly users can generate passive income, while at the same time minimizing risks. Now, the platform is ready to add DeFi products as well.

Bartolome added:

“Our mission at Zignaly has always been about more than just broadening access to alternative assets - it’s about a passive income revolution for everyday investors. Rather than agonizing over every trade or consulting so-called ‘crypto influencers’ for help reading the tea leaves, Zignaly empowers everyone to profit off of the investment moves made by experts with transparent performance histories.”

ZIG DAO Opens the Door to New Forms of Social Exchanges

The unique mix of new DeFi products and features with a community-driven approach will enable new forms of social exchanges between users, inlcuding both individuals and organizations alike. Thus, ZIG DAO could lead to new products, including:

  • Self-Formed Hedge Funds – expert traders can build their own crypto funds and invite friends to join them by depositing their crypto holdings. The initiative can also come collectively from a group of friends who trust an experienced trader with a proven track of successful crypto investing. The profits are then shared fairly among fund members.

  • Decentralized Marketplaces – another form of interaction that is made possible thanks to ZIG DAO is that of decentralized marketplaces. These can be managed collaboratively by a group of traders, fund managers, and investors with a great reputation and proven track record. Such marketplaces will empower members to join forces to build passive investing models in which both sides – the experts and retail investors – are incentivized and share profits.

  • Crypto & Web3 Investment Consulting – crypto experts who have deep knowledge of DeFi, NFTs, and Web3 can share their expertise with Zignaly’s community, without having to promote their image and grow their own audience from scratch.

With ZIG DAO, Zignaly will provide a community-led and decentralized platform to allow users unlock the potential of Web3 investments. The DAO community will enjoy decision-making power, with investors being able to reach their financial targets by accessing a more diverse range of investment instruments.