The cryptocurrency world has experienced several “first-time” moments, as the number of innovative blockchain projects are gradually increasing. This week, a new use of blockchain technology has flourished and that’s thanks to ZUEN Chain’s launch of its ICO – making them the first ever Total Wellness Blockchain Alliance Platform, ZUEN Capital, to exist.
The Singapore-based endeavor will focus on bringing together consumers and providers to promote efficiency, while eliminating middlemen roles altogether. The announcement also revealed that the ICO will commence in August 2018, which is a month from now. To better understand what ZUEN Capital stands for along with the specs of the ZUE, which is ZUEN Chain’s native token, the following will provide an in-depth analyze.
ZUEN Capital’s ICO Benefits
The ZUEN Capital platform will benefit consumers because of the rewards, immutable reviews, the platform’s decentralized nature and the global reach possible.
In particular, one will be rewarded with ZUE tokens for every real feedback given along with customer references. Second, orders will be immediately delivered, which saves traveling time. Next, one does not need to fear of the possibility of fake reviews, as it is a factor that is quite common when it comes to many brands. Then, the notion of decentralization eliminates middlemen, which means lower costs for providers and even lower prices set for consumers.
Lastly, the Total Wellness Blockchain Alliance Platform will house several wellness providers that consumers can reach out to, which clearly encourages variety.
Like the perks of consumers, providers also have five worth mentioning, which include the ‘One Belt, One Road’ model, Increased Customer-base, Opportunities to Network, ZUEN Capital Angel Investment Fund and unbeatable technology.
First, the ‘One Belt, One Road’ model supposedly helps to “expand adopters’ businesses on a global scale”. Next, a providers’ customer-base will be correlated with the services offered. Simply put, the quality service along with a reasonable review will help providers earn a reputable position, while encouraging more consumers to join. Then we have the networking aspect, which is evident, as the ZUEN Capital brings everyone into one platform. This will help providers get their messages across to several parties. The Investment Fund focuses on encouraging one to invest in providers who are deserving of it.
Lastly and most importantly, the use of the Internet along with artificial intelligence makes for a revolutionized platform that lines crucial data and ongoing updates.
What Can Be Said About ZUEN Capital’s Partner(s)?
Based on the claims made, ZUEN Capital has managed to secure solid partnership including that of the New Trend Lifestyle Group, a well-established brand in Singapore. This marks an important accomplishment, as the Singapore company was the first of its industry to be listed on the London Stock Exchange back in 2012, with multiple awards under its belt.
The Breakdown Of The ZUE Token
As for the ZUE token, it is supposedly based off the Ethereum blockchain and will be sold at USD$0.06 during the ICO. With the funds raised, the team involved will be allocating it to marketing (25%), system development (25%), founder team (10%), reserved funds (10%), investment funds (20%) and operations (10%).
A representative of ZUEN Capital spoke highly of the efforts in place, stating that,
“The ZUEN Chain is a full suite platform that includes everything from reviews to payment processing for or providers. Our users will have a wallet that they will be able to use to purchase goods from the ecosystem.”
For more information, check out: zuenchain.io/en_US/