Bezant ICO (BZNT Token): Blockchain Cryptocurrency Payments?
Bezant is a new cryptocurrency platform which offers to its users a reliable way to use electronic payments all around the globe. The motto of the company is that anyone can be able to access digital content anywhere without having to worry about border restrictions.
How Bezant Connects The World
If the main goal of the company is to connect people, how is it able to do it? The company states that e-commerce and digital content are, unfortunately, in the hands of a few companies and that this has to be changed in order to improve the way that we buy goods and consume content online. As there, according to the company, more than 2 billion unbanked people worldwide, the solution is to use a decentralized platform.
The company intends to create a platform in which the users will be able to use digital payments to avoid fees and banks. If they want to connect and do business with someone from the other side of the world, they will be able to do it with Bezant. This way, the company intends to create a community that will use its network to connect with the world without middlemen.
The Bezant Protocol
The decentralized payment protocol of the company is made to create transactions that can be fast and reliable so people will not need to be concerned about the technicalities of trading. Also, another important point is that Bezant does not charge high fees, which enables people without a lot of money to use its protocol instead of other services.
The goal of the company while building this protocol was to create something that would be decentralized, instantaneous, exchangeable, global and convenient. Why? Because the whole reason why this company was created was to offer something easy and reliable to the people who need it the most: the unbanked and people who are poorest and without real access.
The Bezant Wallet
Bezant has a partnership with Jehmi, which enabled the company to use the Jehmi Wallet to do business. The Jehmi wallet will store the Bezant tokens and you will be able to use to pay for goods and services, transfer Bezant tokens, exchange them for other cryptocurrencies, convert points to Bezant tokens and use other payment methods.
Even by using a third-party wallet, it does not look like Jehmi will interfere very much with how the cryptocurrency of the company works or its platform.
The Bezant tokens will be used, as stated before, for payments. Unlike most Initial Coin Offerings (ICOs), 21% of the Bezant tokens will be sold during the pre-sale and 18% on the public sale. It is quite rare to see fewer tokens being sold in the generally main sale than in the first phase of the sale. 20% of the tokens will go to partners and 17% to the team.
The whitelisting for the sale will occur during the second quarter of 2018 and the price of the Bezant tokens is still unknown. Investors from the United States and China are not allowed to invest.
Final Thoughts About Bezant
This is one more of the many platforms that are targeting their business at the same people: the unbanked. We have to state that Bezant will have many competitors because this is a very targeted demographic, so this makes this company slightly less prone to success in the long term, as it does not necessarily have a great and original idea.