#### What is Zigcoin? Zigcoin, also known as ZIG, is the native token of Zignaly, a [web 3](https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/web3).0 AI-powered social investment platform. Zignaly, now rebranded as ZIGDAO, aims to connect digital asset investors with the world's top fund managers. The platform has a user base of over 500,000 individuals who can connect with more than 150 veteran portfolio managers. ZIGDAO's unique feature is its profit-sharing model, where [crypto](https://www.coinbase.com/learn/crypto-basics/what-is-cryptocurrency) investors can duplicate the trades of expert traders and share in the profits when successful trades are closed. The platform's Z-Score AI algorithm is designed to identify top traders based on factors like profitability, risk, and consistency. #### How does Zigcoin work? Zigcoin operates within the ZIGDAO platform, which uses AI to identify top traders that outperform [inflation](https://www.coinbase.com/learn/crypto-basics/what-is-inflation) and traditional markets. Once a trader is selected, the platform's technology takes care of the rest, allowing investors to watch their assets grow. The platform's profit-sharing model ensures that investors share in the profits when successful trades are closed. ZIGDAO does not have custody of the funds; they are kept by Binance and protected by their SAFU. The platform also has several layers of security to prevent unauthorized access to accounts. #### What are the potential use cases for Zigcoin? Zigcoin is primarily used within the ZIGDAO platform, where it plays a crucial role in the profit-sharing model. Investors can use Zigcoin to follow the trades of expert traders, sharing in the profits when successful trades are closed. This model aims to provide a more equitable distribution of profits, ensuring that all investors, regardless of the size of their investment, have the same opportunities. Zigcoin also aims to lower the barrier of entry to cryptocurrency trading, making it more accessible to a wider audience. #### What is the history of Zigcoin? Zigcoin was launched by Zignaly, a social investment platform that has been operating for five years. Zignaly rebranded as ZIGDAO and launched the ZIG token as part of its evolution. The platform has been trusted by half a million members and is recognized by Binance as one of the top brokers. Over the years, ZIGDAO has iterated and tuned its service, creating a comprehensive ecosystem where trading platforms, users, and expert traders can benefit from each other's input. The platform's unique profit-sharing feature and AI-powered Z-Score algorithm have been key to its growth and success.