ZENIQ is a decentralized blockchain for crypto-fiat funds developed by ZENIQ Applied sciences, the hi-tech firm headquartered in Dubai, United Arab Emirates. As the primary workplace was opened on April 14, 2021, the challenge is planning to develop globally. The corporate has a authorized standing beneath the jurisdiction of DIFC (The Dubai Worldwide Monetary Centre) and is licensed by Dubai Monetary Service Authority (DFSA).
ZENIQ’s fundamental philosophy is predicated on a full decentralization of its ecosystem. Its ecosystem consists of a blockchain, a token, ZENIQ Hub, and an alternate. The corporate’s objective is to simplify on-line funds with crypto to make companies clear and dependable. It’s growing a fiat-crypto fusion the place customers can ship cryptocurrencies to somebody and the recipient will get fiat foreign money as an alternative. It additionally gives a possibility to put money into featured merchandise and initiatives at an early stage.
ZENIQ Blockchain
The ZENIQ blockchain unites completely different blockchains and their native cash on one platform. It helps Ethereum, Matic, Binance chain, TRON, and different well-liked choices. On the similar time, it will possibly boast of excessive throughput indices as it will possibly deal with as much as 50,000 transactions per second.
ZENIQ token
The ZENIQ token launched along with the ZENIQ blockchain was designed to assist the ecosystem and be a medium for revenue sharing by way of the added worth generated by the ZENIQ alternate. The genesis date for the ZENIQ token is April 2, 2021. The utmost whole provide is capped at 8,750,000 cash. Aiming to make the challenge long-term and sustainable and their group sturdy, the ZENIQ crew determined that 100% of all cash will at all times be owned by the group.
ZENIQ will not be a mineable coin, it’s only issued by way of minting. The restricted variety of cash and hubs, in addition to the annual halving guarantee its worth enhance. ZENIQ is an asset coin meant to generate ROI by minting, subject rewards, present with the voting energy to publish merchandise, and get Airdrops. It’s utilized in profit-sharing initiatives and provides customers reductions when shopping for tokens of different initiatives, merchandise, and providers. It can’t be used for funds.
ZENIQ Hub
ZENIQ ensurs the very best degree of safety and safety from unauthorized third-party entry assured by ZENIQ Hub. It’s a {hardware} pockets, which seems like a pill with a contact display screen, used for private fund administration. It offers shoppers full management of their property and permits buying and selling ZENIQ and different cash on the machine itself by way of the inner decentralized alternate. No KYC is required as customers are the one house owners and holders of their capital.
ZENIQ Hub is a digital cost gateway that permits cryptocurrency funds in all on-line outlets and on-line providers. It additionally presents elective integration of fiat currencies, SEPA transactions, and digital investments. Firms can settle for ZENIQ offline by connecting to the service by way of POS (level of gross sales) methods. As well as, the crew has developed an interface (API) for his or her providers to grow to be accessible for ATMs and ultimately facilitate the onboarding course of for end-users.
Every machine is a masternode within the ecosystem that means that customers are taking part in conserving the community protected. For doing this they’re rewarded by newly minted cash. Clients buying ZENIQ Hub 01 get the minting choice to supply ZENIQ Cash. This selection doesn’t apply to ZENIQ Hub 02.
The Hub has a singular shielding know-how that eliminates all third-party providers from authentication. Beginning the Hub for the primary time, customers obtain a non-public key and seed, that are the phrases to revive the Hub and ZENIQ doesn’t have entry to them. They have to be written down and saved in a safe place. Within the occasion of loss or injury, the Hub may be restored with out asset loss utilizing the personal key and the seed phrase.
Cloud Hub
Within the case of Cloud Hub the person’s smartphone turns into a cell pockets with alternate integration. Additionally it is a masternode with a operate of each day ZENIQ cash minting in the middle of the next 20 years. The entire hub prices €1499 and mints 80-100 cash per day. It may be accessed anytime from wherever on this planet by way of the cell utility.
ZENIQ Alternate
Because of the blockchain spanning, the ZENIQ alternate is appropriate with all cash and tokens making wrapping pointless. Customers can commerce BTC, EURO, and USD to ZENIQ cash and different choices. 100% of income coming from the alternate are allotted to the group each week.
ZENIQ App
ZENIQ cell utility gives a multi crypto pockets and permits POS funds. It’s linked by way of the ZENIQ Hub and permits to ship peer-to-peer actual time fiat and cryptocurrency transactions.
Crew and companions
The crew at ZENIQ is made up of pros from completely different areas of experience working with dedication to their frequent imaginative and prescient. Their objective is to mainstream the utilization of crypto know-how and cryptocurrencies in any enterprise space. They’re fans with expertise within the improvement of applied sciences, blockchain, IT methods, digital cost methods, and software program functions with a give attention to cryptocurrencies.
The founders of ZENIQ are the CEO and a Board member Erwin Dokter and Michael Ofner, who can also be the Chief Operations Officer and a Managing Director. The crew members embody Eric Heinemann, the Chief Advertising and marketing Officer, Jan Bollmeyer, the Chief Gross sales Officer and a crypto knowledgeable, Silvia Zarazaga, the Chief Administration Officer, and Max Wolf, the Chief Finance Officer.
Zeniq Applied sciences is backed by its OCS Worldwide Commodities and Investments, an funding financial institution with crypto fund, which focuses on funding recommendation, commodity buying and selling, and monetary planning. Safir Worldwide, an official gross sales associate of ZENIQ, is an unique distributor for ZENIQ merchandise. Zeniq Switzerland is a associate of ZENIQ Hub. Uniswap has listed the ZENIQ token on its alternate.
Learn Extra