ZEUX: Blockchain-based Multifunctional Financial Application

In the current era of cryptocurrency and smartphone apps advancement, it's not acceptable any longer if banking services still use an equivalent recent typical technology. Today, everybody wants a classy application on their smartphone to instantly and cheaply transferring funds (send and receive funds), paying bills, and finance in varied investment instruments. Zeux Ltd. then creates the Zeux app in conjunction with the ZeuxCoin (ZUC) utility token to integrate all money functions within the smartphone. i believe this project encompasses a bright future owing to the Zeux partnership with the genus Hedera Hashgraph. Hence, i will be able to make a case for this vital partnership within the next section of this text.

Business Model

Zeux gets its revenue from the fees of exploitation the Zeux platform and is paid through the employment of ZeuxCoin tokens. These fees ar taken from the four money functions, as follows:
  • Virtual card (NFC) payment;
  • Purchasing (and listing) investment products;
  • KYC Services; and
  • Fund transfer (and top-up).

Currently, Zeux has several competitors that provide similar functions (crypto bank-like apps), like Crypterium, Amon, OTPPay, etc. However, the massive market-size during this sector permits new market participants to enter and contend within the market. even so, Zeux has its distinctive options. one among the Zeux's benefits compared to its competitors is that the intrinsical investment practicality. With this feature, Zeux users will simply get each secured typical investment product and crypto-based investment product (which ar compliant with the money Conduct Authority, FCA). this idea additionally permits crypto-based mutual funds listed on this application. This intrinsical investment practicality is feasible as a result of Zeux supports the Revised Payment Service Directive (PSD2) in order that users solely got to do a one-time biometric identification method (KYC) to be able to access all investment product. Users don't got to worry regarding their knowledge security since Zeux platform can secure users' KYC knowledge and solely use it with their consent.

ZeuxCoin (ZUC) style

The ZUC token could be a utility token. Users use this token to pay dealing fees within the Zeux's system. additionally to payment operate and access to investment product as antecedently explained, This token is additionally accustomed get varied discounts and loyalty program rewards. If a user doesn't have a spare quantity of ZUC tokens to pay the dealing fee, he will use the balance of another currency that's initial reborn into ZUC by the system. Thus, the additional ZUC tokens he owns, the additional discounts he can receive.
  • Total supply: 750 million ZUC (300 million offered at token sale).
  • Token price: one ETH = five,000 ZUC.
  • The team can burn all unsold tokens.

Marketing Strategy

To raise the funds, Zeux organizes pitching displays at varied conferences to draw in personal investors. It additionally carries out AN ICO to urge funds from public sales. Afterward, to accumulate users, Zeux additionally holds a bounty campaign program. this sort of program is evidenced to apace increasing user base.

The prospect of this project appearance brighter because the announcement of a collaboration between Zeux with genus Hedera Hashgraph.

Collaboration with genus Hedera Hashgraph

Hedera Hashgraph is foretold to be the third generation of the blockchain technology as a result of it will method many thousands of transactions per second and may additionally run sensible contracts exploitation Solidity Language (just like Ethereum). By partnering with genus Hedera Hashgraph, Zeux are able to trade HBAR coins in conjunction with dApps tokens that use Hashgraph network. you'll be able to imagine that Zeux are just like the Hashgraph version of KuCoin or Latoken platform. This partnership can apace increase the quantity of Zeux users since we all know that the Hashgraph community is quite massive.

Zeux at PayExpo, London, Oct nine , 2018:

Zeux at BlockchainLive, September twenty six, 2018:

Zeux Team

What i prefer regarding the Zeux team is that the combination of various generations that seems from young chief operating officer and young CTO, whereas the chief financial officer is more matured. i believe this can be the proper approach as a result of specialists within the finance major ought to have broad information regarding the finance world and even have intensive expertise. Moreover, the CEO, specifically Frank Jiayi dynasty could be a very smart person. He graduated from Oxford and recorded as a palm winner in physics and a member of Brits Mensa. From my analysis of their CV, it appears that Zeux team is accommodates quality members that sure capable of building this platform. Of course, their identity is real, that confirmed from the subsequent video:

Investment practicableness

Although Zeux has several competitors, I see that this project is one among the platforms that may survive and contend for achievement. I base this statement from:
  • Competent team members;
  • Partnership with genus Hedera Hashgraph; and
  • Good company governance and public communication.

And finally, I conclude this ICO isn't a scam, because:
  • The company (Zeux Ltd.) has been established and registered within the United Kingdom;
  • The business model that's realistic and straightforward to understand;
  • The identity of team members is authentic. There ar youtube videos that prove this; and
  • The team actively participates in varied conferences.

The higher than facts show that this ZUC token is value to be collected and is pretty unlikely that this can be a scam project. however it doesn't mean that finance during this token are riskless as a result of there ar several competitors during this money platform business (though not 100% same).


Author by

Post a Comment