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Zeex

Financial Services

Overview

Zeex aims to make cryptocurrency spendable on everyday goods and services by making it convertible into corporate currency (e.g. gift cards and retail vouchers).

Features

ZIX token has five basic functions:

  • ZIX functions as a queue ticket, giving its holders access to monthly quotas of corporate currencies. Tokenholders can buy from the corporate currency catalogue at a certain discount and up to a certain monthly allotment before any users without tokens. Should multiple token holders seek to purchase the same tranche of currency, an algorithm based on the quantity of tokens pledged will determine priority.
  • The token functions like a damage deposit, covering the buyers’ and sellers’ risk until their transactions are complete. Users buy tokens to cover the risk posed by the transaction, and pledging the tokens to Zeex provides Zeex with the value necessary to guarantee the transaction until it is complete. Riskier transactions require more tokens to be pledged. Once the transactional risk passes, the token is returned to the user and is available for further transactions.
  • ZIX tokens give the users implicit and explicit means to vote on how Zeex expands its portfolio of corporate currency, allowing the voucher catalogue to automatically adjust to market conditions and user preferences.
  • The token also serves as a login method.
  • ZIX token itself carries deposit value. That is, token holders can spend their tokens in transactions on the Zeex platform. As a method to pay for retail vouchers, the token is pre-paid and closed loop, giving users control over their spending.

Zeex intends to develop a range of applications, which will give users the ability to review the contents of their wallets, examine their current activity in the form of pledges, sales and purchases, browse the catalogue of currencies available to purchase and engage in new transactions.

Crowdsale

Token Sale
ICO start date 05 Jul 2018
ICO end date 06 Jul 2018
ICO token supply 625,000,000
Soft cap 14,000,000 USD (fiat)
Hard cap size 23,000,000 USD (fiat)
Legal
ICO Platform 3
Token details
Ticker ZIX
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

Token distribution

50% - Token Sale

20% - Team

15% - Partnership

10% - Reserved

5% - Community

Funds allocation
  • 55% - Investment in Corporate Currencies
  • 30% - R&D, Product and Market Development, Retail Expansion
  • 10% - Sales and Marketing
  • 5% - Operations

Ratings

Type of ratings
Rating
Status
Details
Investment Stable Active Arrow Report

Funding Rounds

Rating Review and Analytics

Investment rating Info Stable
Hype score Info High
Risk score Info Medium
View rating report
Zeex ICO Contacts
Website

Ended

$23,000,000

Start ICO 05 Jul 2018
End ICO 06 Jul 2018
Token ZIX
Price 1 ZIX = 0.088418 USD
Product Type Platform
MVP No product
Whitepaper View
Zeex rating widget
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