ZenGold (ZENGOLD)

cukor (47)in #cryptocurrency • 7 years ago

Info:

A new way of trading gold

Supply : Volume (24h) - $20 450 USD

Exchange:

RightBTC Pair - ZGC/BTC

Bit-Z Pair - ZGC/BTC, ETH

OpenLedger DEX Pair - ZENGOLD/BTC, CNY

Wallet : It is little bit confucing, because thre are Zengold Token (ZNG) and Zengold coin (ZGC)

Website : Visualy is nice but nothing special. There si scroll system and upper menu. I think everything is there. Lot of info is on community chanels.

Valuation:

Whitepaper – is not hard, not big, clearly, nice.

Team – i can´t find guys from zengold team, maybe in chinese comunity they have info.

Idea – A brand-new retail model for gold trading: Make gold trading more flexible, Scenarized asset transaction, Processing, customization, redemption, Secured by insurance companies

Mining – ZNG token is backed by gold reserves in the Shanghai Gold exchange vault. ZGC represents the right for its holders to receive a portion of the generated profit of the ZenGold network. There are five procesess : ZenGold tokenization / ZenGold regular audit / ZenGold smart minting / ZNG token burning / Gold Bullion Withdrawal - These five procesess are serve for purchase / audit of gold owneship / tokenization of gold / withdraw money / withdraw gold - but it is very simplified, but it is very simplified, if you want buy it, please read whitepaper carefuly.

Road Map – is little bit old, is only till 2017, and i can´t find any new version of road map.

Comunication/Activity – guys form ZenGold have on Twitter https://twitter.com/ZenGold1?lang=en weekly progress report. Other communication chanels are Instagram https://www.instagram.com/zengoldofficial/ Reddit https://www.reddit.com/r/ZenGold/ Medium https://medium.com/@zengoldofficial_ and it is a chinese project there is strong chinese community.

PS: I think the gold is very good option in real world like opposite to Bitcoin, but still is valid first rule in crypto world – research, research, research.

PS2: I'm not a financial adviser, and the article is purely informative, it's my personal opinion, and before you buy any coin you can think well and do not play it.