What is ZEON?
ZEON is the native crypto asset of the Zeon Network, which is a decentralized platform for crypto financial services. The platform offers safe participation for users in decentralized applications and other projects. Zeon Network also provides resources for investors and traders to implement their business strategies. In addition to that, it offers risk protection tools and allows users to multiply their capital by investing in various products provided on the network.
In essence, Zeon aims to solve the problems of high-risk ICOs, costly cryptocurrency transactions, weak liquidity, and theft of user capital. The project targets mass cryptocurrency adoption for regular users, giving them complete anonymity as participants.
Another key feature of this project is the Zeon wallet, which supports crypto deposits and swaps. The wallet also enables access to other products and services such as crypto/ICO project purchases, financial services, insurance, and trading on centralized and decentralized exchanges.
It's also worth noting that the Zeon Network utilizes the Proof-of-Stake (PoS) 3.0 mechanism. PoS 3.0 provides incremental security improvements. Moreover, it employs the Oracle system to connect the blockchain to external systems. Finally, the project implements anonymous masternodes.
Use Cases of ZEON Tokens
ZEON crypto asset was created to power fast, anonymous, and cheap transactions. The token aims to help Zeon Network achieve its mission as an efficient payment provider. Thus, ZeonCoin supports a payment system, allowing users to make payments for various products and services.
Moreover, ZeonCoin holders can stake their assets to secure the network and earn rewards.
Additionally, users who host on the network and those who work to improve the network also earn rewards in ZEON coins.
Planning to purchase ZEON tokens? Before doing that, ensure that you research the ZEON price since the digital token is volatile, just like any other crypto asset. You can use the ZEON price chart above for doing that.
Who Founded ZEON?
ZEON was founded in 2018. The founding team has remained anonymous, perhaps in keeping with the idea of decentralization, which is key to both crypto and blockchain technology. Krill Levin, a former employee, worked in both the technology and marketing teams. Krill left the network in 2019 and currently works for Binance.
Tokenomics of ZEON
ZeonCoin has a total supply of 50 billion tokens. The token distribution is as follows:
- ICO – 50%
- ZEON Fund – 20%
- Pre-ICO – 10%
- Mining – 7%
- Advisors – 5%
- Community Team – 4%
- Developers – 3%
- Proof of Care – 1%
The majority of ZEON coins were sold before and during the ICO, which ended in November 2018. Besides, note that ZEON tokenomics is designed to protect the ZEON price from deteriorating by providing a hedge against inflation. You can view the current ZEON price in the live chart above.
