Zortrax issues blockchain-based tokens

The Atomic Layers: S10E30 (00297)

Atomic Layer of the Day:

Guys, I won’t lie to you – I’m a bit confused… I’ve been digesting this news for a few hours now, trying to find some reasonable justification, but all the ones that come to mind are rather sad.

Zortrax S.A. (which has been undergoing restructuring for a year) has decided to issue utility tokens labeled ZRXT.

These tokens are based on blockchain technology and are digital units. They do not grant holders any corporate rights, such as voting rights at general meetings or profit-sharing from the company.

The total issuance amounts to 380 million tokens, of which 266 million will be offered to the general public. The issuance will be carried out in three phases, with different prices in each, aiming to encourage early investor participation.

The company plans to raise between $200,000 and $2.4 million, which will be allocated to development in four key areas: product and technological expansion, blockchain and AI integration, strategic partnerships, and global distribution.

The main goal of the token issuance by Zortrax is to raise additional funding.

Given the current situation, Zortrax is likely unable to secure another credit line (short-term liabilities as of the end of March 2025 amount to 23.39 million PLN, or about $5.85 million USD), no new investors are in sight, and EU grants in Poland are also currently out of reach.

Such an unconventional method of raising capital as a token issuance is, under these circumstances, the only option left.

Additionally, launching the tokens might serve as part of a marketing strategy, aimed at attracting market attention (and reminding the world of the company’s existence).

The benefits for buyers of ZRXT tokens may include future use within the Zortrax ecosystem – for example, to purchase services, 3D printing materials, or access to special software features (though to be honest, I’m just speculating here…).

If the company manages to execute its plans, the tokens might increase in value, potentially generating profit for early investors.

However, investing in utility tokens carries high risk, especially when the issuer is a company in financial distress. The tokens’ value depends entirely on the success of Zortrax’s projects.

Anyway, you can start ordering them here.

Now, let me add a personal note:

• A year ago – March, April, May – I was in a dire financial situation myself (not because of 3D printing, but due to a completely misjudged business project in the interior finishing industry: more on this here).

• I was coming up with all sorts of interesting, yet totally inappropriate ideas given my financial standing.

• You could say I was caught in a creative frenzy born out of desperation.

• I was drowning, thinking I was still swimming.

• Luckily, I managed to stop myself going down. Get back to the surface. Survive.

And that’s what I wish for my colleagues at Zortrax.

P.S. The news about the blockchain initiative was published today – May 30, 2025. Exactly on the 12th anniversary of the Buccaneer’s debut on Kickstarter.

Funny coincidence.

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Atomic Layer from the Past:

05-30-2013: Buccaneer 3D debuted on Kickstarter - the record-breaking campaign, which ended in a scandalous fiasco.

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News & Gossip:

Today I have just one piece in NEWS & GOSSIP section, which serves as a prologue to what will be announced on Monday.

In short – you will only read this type of article, “The Atomic Layers,” three more times.

Today’s edition is number 297 – the final one will be number 300. It will be published on Monday, June 2, 2025. That’s when everything will be explained.

No, this won’t be the end of the publications – it will be the end of daily publications, in this format. Everything will still be free. It will just be different.

Details coming soon!

And don’t forget to buy your tokens!