ZenCash (ZEN)
It’s a privacy platform for anonymous payments, messages, traffic, and media. So yeah, a full on privacy platform, not just a privacy coin for secret payments like what we’ve seen thus far.
Continuation of projection development is done through its decentralized autonomous organization (DAO), which has a very similar structure to DASH's DAO.
Featured in the PBC in Q3 2017 and Crypto Capital in Q4 2017. Each is very bullish about Zen and predict it could be a $500 coin within a few years based on rapid user adoption and the strong team behind it. Mentions from huge publications like this make for a strong fundamental driver.
Apparently their tech is far superior and easier to use than Monero, Zcash, Zclassic, and others. This may be why Zen is getting adopted so quickly.
Also thought this was cool: Right now you can acquire a “Secure Node,” Zen’s equivalent of a Master Node, for really cheap (about $750). This was about $3,000 in the heat of the bull. Verify transactions to help support the network and earn ZEN passively. Also, this will give you voting rights in the DAO for future developments.
Lots of solid partnerships in place, a very active Github, a recently rebranded website, a well organized roadmap for 2018 with some big updates on the way.
I like it as an either a mid/long term trade or a straight buy and hold. At current pricing it's a great time to start averaging your way in.
With only a $64M market cap and 3.5M circulating supply (Current 1 ZEN = $18.38), this project has tons of upside.
PBC did not say 500 USD. They said X50, when the price was 6 USD.
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