ZeosX - The World’s First Cryptocurrency Bank
STARTER INFORMATION
With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.
While this revolution is gaining wide acceptance, zeosX, a decentralized platform aiming to revolutionize the traditional banking industry has arrived.
"Invented back in 2008, the blockchain technology has depicted the change that it can bring in different business areas. The technology, even in its infancy, has disrupted different industries and sectors. Various features of Blockchain such as decentralization, immutability, and transparency make it appealing for business sectors and domains all across the world. One such industry that is leading the way in exploring the potential of blockchain is the banking and finance industry.
Talking specifically about the banking and finance sector, hundreds and thousands of funds are being regularly transferred from one region of the world to another within each day. This makes the global financial system one of the most popular sectors that could be benefited through the application of Blockchain. Operating on the basis of highly dependent manual networks, the banking and finance sector is prone to errors and frauds that could lead to a crippled money-management system. According to Global Fintech Report 2017, 77% of Fintech institutes expect to adopt blockchain as part of an in the production system or process by 2020."
With that being said, with zeosX, there is no need for traditional banks and third-party payment networks anymore as the banking components are equipped with the latest groundbreaking finance technologies. From taking a loan, online shopping to even paying for coffee, zeosX has got everything covered.
But before we go any further, please check out this video presentation to get even more acquainted
Now that I have your attention, let’s get right to it.
What exactly is zeosX?
As depicted above and as indicated on the official website of zeosX, zeosX is a decentralized platform aiming to revolutionize the traditional banking industry. The zeosX cutting edge technological system is built based on a powerful finance ecosystem which consists of the futuristic banking components.
Borrow with or without collateral
Superior crypto mobile wallet
Luxurious and stunning quality cards
Investments, auction, and lending
Taking a cue from cryptocurrencies, we can see, as stated below, the problems it has solved in general.
In addition, the main objective of the zeosX project is to modernize the entire non-cash financial sector, creating a new decentralized platform that can eliminate all the negative aspects of banking systems and related intermediaries. As well as to introduce powerful and reliable tools that will allow processing a large number of financial transactions and other related operations.
The Vision
Not only does zeosX offer banking security with countless added benefits, but it is also created to rewrite history and to change people perception of cryptocurrencies.
The Mission
With zeosX, the goal is to implement Blockchain technology to ultimately achieve a decentralized and cashless society without relying on trusted third parties such as banks. Also, tools such as smart contracts promise to automate many problematic processes in the banking sectors, from compliance and processing requirements to content distributions.
The Design Feature
The structure and operating principle of the zeosX platform is built in such a way that users who have ZEOS tokens in their possession have exclusive rights to additional features and benefits of zeosX products than those users who do not own these tokens at all.
These advantages include such pleasant moments as:
monthly passive income;
additional discount;
and open possibility in registration of the mortgage loan.
Also for users zeosX has prepared a number of nice chips that will allow them to get real pleasure from the use of cryptocurrencies in their daily life.
To do this, developers:
minimized any transaction fees;
provided a reliable and safe, but easy and fast Deposit and withdrawal;
and also provided for the rapid integration of the payment system with various entrepreneurs of their businesses, so that they can also bring their business to a new, more modern level of service;
and many other things.
The Benefits
The main advantages are given to the holders of the zeosX token - zeos. This allows you to get additional security and benefits of working with the bank. Users who do not own zeos'am, unfortunately, are deprived of this.
The advantages of investors in zeos are:
Participation in discounts and promotions;
The possibility of passive income;
Minimum commission for transactions;
More simple and convenient deposit and withdrawal of funds;
The ability to take a mortgage loan;
The opportunity for an entrepreneur to integrate his business with xeosX
Token and ICO Details
ZEOS was developed on the familiar Ethereum blockchain of the ERC-20 standard. In total, 3 billion coins will be available for sale. The initial cost of the tokens ZEOS will fit the following proportions 3000 ZEOS = 1 ETH. In total, the developers intend to collect for its further development of Hard Cap in the amount of $100,000,000.
Token Details
Token: ZEOS
Type: Utility
Price: 1 ZEOS = 0.00033 ETH
Bounty: Available
MVP/Prototype: Available
Platform: Ethereum
Accepting: ETH, BTC, LTC
Minimum investment: 0.15 ETH
Soft cap: 20,000,000 USD
Hard cap; 100,000,000 USD
Country: Indonesia
Whitelist/KYC: KYC & Whitelist
Restricted areas: None
The distribution of tokens and funds is as follows:
ROADMAP
Q12018
Coming up with the idea
Developing business concepts
Whitepaper development
Q22018
Making of team and website
Market research
Q32018
Development of crypto-backed p2p loan
Design The zeosX Cards, mobile app, and marketplace
Enable the affiliate program and KYC/AML
Q42018
Finalize zeosX marketplace and mobile app
Introduce saving and lending accounts
Enable a reward system
Start of private-presale
Q12019
Beta launch of zeosX marketplace and mobile app
Development of saving and lending accounts
Design zeosX blockchain for cards to operate
Start of presale
Q22019
Launch zeosX marketplace and mobile app
Finalize crypto-backed p2p loan
Obtain license and other legal paperwork
Big partnerships and the start of crowdsale
Q32019
List zeosX on exchanges
Launch saving and lending accounts
Start of crypto-backed p2p loan
Introduce ZeoPay and crypto insurance
Q42019
Introduce zeosX POS device
Link zeosX POS device to cards
Distribute zeosX cards to investors
Start ZeoPay and crypto insurance
Market Analysis
MEET THE AMAZING TEAM
ADVISORS
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
WEBSITE: https://zeosx.io
WHITEPAPER: https://zeosx.io/assets/front/images/zeosX-Whitepaper.pdf
ANN THREAD: https://bitcointalk.org/index.php?topic=5084715
TELEGRAM: http://www.t.me/zeosxlabs
FACEBOOK: https://www.facebook.com/zeosxlabs/
TWITTER: https://twitter.com/zeosxlabs
MEDIUM: https://medium.com/@zeosxlabs
LINKEDIN: https://www.linkedin.com/company/zeosxlabs/
INSTAGRAM: https://www.instagram.com/zeosxlabs/
YOUTUBE:https://www.youtube.com/channel/UC8aCApVI3rkF7Nh3gOJ3NZA
GITHUB: https://github.com/thezeosxlabs
Author: Cryptoholical
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2487106
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.