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.