Overview ZenChain Protocol.

ZenChain

Introduce

Along with the Bitcoin craze, recently NFT has become a new item that has received great attention from investors. At this stage of the market I see a lot of new projects popping up and following this trend, and in some part it is also creating a negative for the market as projects are not showing much as expected you early. That’s why I want to share with you the Zenchain project that has the full potential of developing the field they are building.

About

ZenChain is a dedicated blockchain specifically optimized for DeFi and NFT applications. Its protocol provides high transaction performance, lower risk of errors and intelligent feature development specifically for financial services fulfillment for both fungible and non-fungible tokens within the blockchain ecosystem. ZenChain offers some solutions to solve the aforementioned DeFi problems. First, it offers scalability, high-performance blockchain with Tendermint Power, an Etherum bridge, Tron, Binance Smart Chain (BSC) makes DeFi and NFT cross-chain solutions and built-in DeFi primitives. The Zenchain Protocol also brings solutions for non-fungible tokens (NFTs) as applications such as another asset in a coin exchange house, rental of NFTs, as well as the power of NFTs to the DeFi ecosystem and DeFi to NFTs.

Features

For this project I learned a few important features as follows:

• Scalable, high-performance blockchain: Proof-of-Stake, built with the Cosmos SDK running on top of the Tendermint Core consensus engine.
• Cross-chain: Cross-chain as a bridge between Ethereum, BSC, Tron….
• Built for Defi and NFTs: With built-in DApp core for Defi and NFTs.
• Supports smart contracts: ZenChain supports smart contracts, enabled by CosmWasm, EVM technology.

Benefits

The Zenchain Protocol is a dedicated application development for DeFi and NFTs that offers high performance for all transactions, more secure blockchain specialized for DeFi, rapid development of dApps with a minimum attack surface for financial smart contracts. Besides, it provides a government reliability highly immutable.

Tokenomics & Distribution

ZenChain dispatches a native token called ZEN what capacities as a utility token. ZenChain dispatched a ZEN token dependent on Binance BEP-20 and Ethereum ERC-20 with an all out supply of 100,000,000 ZEN. By possessing a ZEN token, clients will get a few advantages, for example, having the option to take part in administration, paying charges, and others. Clients can get ZEN tokens through a trade upheld by ZenChain.

Allocation Detail

Moreover, for the token allocations belong to Public IDO, Early Contributors, and Strategic Partners, if any of them have been unallocated, unsold or unused, this proportion will be burnt before trading. There are many benefits of burning the Zen token as we know:

• Help to reduce the inflation rate.
• Keep it fair for both early partners and public investors.
• Encourage to increase the value of Zen token.

ZEN token release schedule

Partners

Conclude

The crypto industry is based on a simple premise, and we should be in complete control of our finances. While it may seem like a simple and obvious statement, current systems are far from providing financial services that are actually within the control of those who use them. With ZenChain we see them providing everyone with seamless access to decentralized finance (DeFi) with special non-fungible tokens (NFTs). For that purpose, we are introducing ZenChain, a dedicated blockchain dedicated to decentralized finance (DeFi) specifically for non-fungible tokens (NFTs).

Socical

WEBSITE: http://www.zenchain.co/
LITEPAPAER: https://docs.zenchain.co/
TELEGRAM GROUP: https://t.me/zenchaingroup
TELEGRAM CHANNEL: https://t.me/Zenchainofficial
TWITTER; https://twitter.com/zenchainco
FACEBOOK: https://www.facebook.com/Zenchainofficial
GITHUB: https://github.com/zenchainprotocol
MEDIUM: https://medium.com/zenchain-protocol

Author

Forum Username: Stellhiro
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2769304
BEP-20 Wallet Address: 0x6d2aceb856041316212c25a632fdea1b6fb61342