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WebsiteBitforex Launchpad

ZYX Network

IEO

ZYX Network is a cryptocurrency created as a means of payment for a fast-growing digital ecosystem in which the economic motives of each individual participant provide an increase in the overall wealth and wellbeing of the entire community. The main strategic success factor for ZYX Network is the fact that it will be relying on the growth of scaling and balancing of supply and demand for funds.

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Overview

Project industryMining
Product typeEcosystem
Hashing algorithmSHA-256

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What is ZYX Network

The main strategic success factor for ZYX is the fact that it will be relying on the growth of scaling and balancing of supply and demand for funds.

  • Open source
  • All the data are freely available on GitHub with an SDK for applications based on ZYX Network
  • Decentralization
  • Decisions on updates and changes are made by a majority of votes using the option built into the native wallet
  • Smart contracts
  • The ability of using the cryptocurrency to create decentralized banks, exchanges, credit services, exchangers, casinos, betting shops, games and applications
  • Web3.js Technology
  • Which is widely available and is used as the basis for the Tron and Ethereum wallets. It allows to conveniently use the wallet as an access key to sites and services in which cryptocurrencies are used as a means of payment

    The key difference between ZYX Network and the “classic” PoS concept lies in the mechanism of ensuring the network with monetary supply. The ZYX Network team refrained from a full emission approach when generating the first block. Only 1% of the total number of coins was distributed with the network launch using pre-mining. The remaining coins will be issued during PoS mining as incentive payments to loyal ZYX holders for supporting the network.

    Details

    IEO (Bitforex Launchpad): Jul 31, 2020 - Jul 31, 2020
    Pre-sale token supply: 90,000,000 ZYX
    Token supply: 9,000,000,000 ZYX

    Token info

    Ticker: ZYX
    Token distribution:
    SALES - 70%
    MARKETING - 20%
    ZYX NETWORK TEAM - 10%

    ZYX Network Roadmap

    1
    Q2 2020
  • Public auction of ZYX coins
  • Launch of the primary blockchain
  • Release of the online wallet
  • 2
    Q3 2020

    Wallet versions for Android and iOS Release of the Web3js solution Creation of the exchange network Entry into Asian markets Recruitment of app and service developers

    3
    Q2 2021

    Addition of smart contract option Entry into Latin American markets

    4
    Q3 2021

    Creation of ATM network Issuance of debit cards Launch of ZYX Foundation tech incubator

    5
    Q4 2021

    Staging of the first international ZYX Summit

    6
    Q3 2022

    Integration of new partners and services in order to expand payment options

    Social media

    ZYX Network web-siteZYX Network RedditZYX Network MediumZYX Network TelegramZYX Network InstagramZYX Network TwitterZYX Network FacebookZYX Network Github

    User rating:

    5/5 ( 1 )
    1

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