ZYNECOIN
Introduction
Zynecoin is a commercial entity and cryptocurrency originally developed in 2017. its aims are to support, nurture, and reward innovators, disruptors, and entrepreneurs throughout Africa.
Zynecoin will allow the team to build the first African blockchain, looking for startups that work in innovative and high-potential areas.
The Zynecoin team creates a cryptocurrency, blockchain and incubation center with services that are mainly intended for Africa. The blockchain technology, cryptocurrency and decentralization offer real opportunities for the African continent. The growth of African cryptocurrency will lead to the growth of African economy. The use of decentralized currencies on the continent will facilitate the daily use of cryptocurrencies in commercial and business transactions. We want to support primarily disadvantaged areas in the African market. As can be seen from the IMF chart below, there is high demand and an expected growth of $ 23.4 billion by 2026 in such sectors of the market as health care, beauty, welfare, and the automotive industry. Due to the emergence of blockchain technology and a stronger decentralized economy, these underprivileged sectors will see significant growth in the coming years. Zynecoin is working to foster this growth by providing start-up founders with the technological infrastructure they need to succeed at the local and global levels.
The Blockchain Technology keeps on expanding in ubiquity and also its appropriation because of its genuine utilize cases in different parts by people, firm, and governments. The revolutionary technology impacting different industries miraculously was introduced in the markets with its very first modern application Bitcoin. The influx of people into the cryptocurrency market has made an astronomical rise in the adoption of blockchain technology, embracing the new technological innovation has helped reshape the world.
In this sea of inovation and new technologies i will be introducing you to a visionary project that come to life in the form of ICO's and today i am going to present you with one of the most promising ones on the market which is ZYNECOIN.
About Zynecoin
Zynecoin is a cryptocurrency and blockchain system designed to support startups throughout Africa. But it’s also a great human adventure, the result of a team of people from different backgrounds.
Zynecoin began with a meeting between Mossaab and Jihad, where Mossaab brought up the idea of generating cryptocurrency and smart contracts backed by the Ethereum blockchain.
The proposal was an ambitious one. Creating and managing this system would be extremely complicated. And since there was no precedent for a blockchain developed and centered in Africa, it would also require them to mobilize a dedicated team without any guaranteed results.
Despite these challenges, Jihad believed in the project and saw the immense opportunities and almost limitless potential of blockchain. He brought in Youssef to provide their initial team with the technical expertise required to bring this vision to life.
Together, the three of them created and developed what would become Zynecoin, the first cryptocurrency designed specifically to provide seed capital for startups in Africa, with the goal of eventually developing an African blockchain.
In April 2018, the Zynecoin team moved into the next phase of their project and announced that they would generate smart contracts. This initiative launched successfully, with hundreds of people declaring their wish to acquire Zynecoin.
According to the official whitepaper, the Zynecoin team is creating a cryptocurrency, blockchain, and an incubation center with services focused primarily in Africa. Blockchain technology, cryptocurrency, and decentralization offer real opportunities for the African continent. The growth of an African- based cryptocurrency will lead to the growth of the African economy. The use of decentralized currency in the continent will facilitate the everyday use of cryptocurrencies in commercial and business transactions.
Collaborative mining is our solution to the problem of creating a blockchain that is secure, decentralized, and scalable.
To ensure that Zynecoin mining grows rapidly, we implement Game Theory principles to encourage the participation of multiple miners, both small and large.
How It Works
Each miner is faced with the same situation and must make a choice: collaborate with other miners or go at it on their own. In crypto mining, the best way to maximize individual rewards is usually to go at it alone. For Zynecoin miners, however, cooperating as part of a node group is the surest route to securing greater benefits. Miners, in fact, will earn money simply by participating in the node group, so long as the other members collaborate. When collaboration is not unanimous, however, there is a loss for all.
Features of Zynecoin
Safe & Secure: Smart Contracts built by our expert IT team to deliver the highet security standards.
dApps: Rest assured, the DApps are reaching barely explored or unexplored African markets.
Wallet: The funds are safe under our integrated ERC-20 web wallet. Feel free to use any other at your convenience.
Experts Support: The Zynecoin team remains available 24 hours a day, 7 days a week at your convenience.
Instant Exchange: Several exchanges will be put available for Zynecoin users along the way of the ICO.
Mining Commissions: As a world premiere, the Zynecoin will enable computers to bring direct advantages to society.
Benefits of Zynecoin
• Start-up capital support for launching your early business models.
• Security and protection through our legal services
• Valuation and DCF from our financial experts. (Discounted cash flow (DCF) is a way to calculate the value of a company. Discounted cash flow is mainly used to find out whether it is profitable to invest in a particular company)
• Strong market strategy
• Link to existing digital ecosystem in Africa
• Communication with talents, creators and professionals
• Access to comparative data with industry competitors and avoid conflicts of interest
The Uniqueness of Zynecoin
After their initial success and promising launch, the Zynecoin team grew quickly and is now housed in a five-story building in the heart of Marrakech’s Guéliz district.
Zynecoin’s flagship project is the Hayat health services platform, which is currently being rolled out. Hayat is an innovative approach to decentralizing healthcare provision by allowing patients and healthcare providers to connect with each other through a dedicated app. This gives patients better, faster, and easier access to healthcare services.
The next step for Zynecoin is to announce the final date of the ICO (Initial Coin Offering), a global crowd sale for the cryptocurrency.
As its story unfolds, Zynecoin will be able to better facilitate innovation and development throughout Africa by mobilizing capital and human resources.
About The Zynecoin Token
Zynecoin is a digital currency generated from Ethereum blockchain.
Zynecoin is an ERC-20-compliant token created to provide startups with cryptocurrency that is accessible anywhere in the world, empowering them to scale globally.
The Zynecoin is a cryptocurrency built on the Ethereum blockchain that uses a decentralized registry system to record and verify transactions associated with it.
Zynecoin token can be used on all developed applications, it will allow its owners to benefit from an integrated economy whilst benefiting from Zynecoin advantages.
Blockchain strategy
Private transaction
Intelligent contract
Pay back
Token Usage
Zynecoin’s primary goal is to provide support for development as well as serve as the backbone for our international business model.
As a utility token, it provides access to services offered through by Zynecoin.
Tokens can be traded in online trading platforms.
Tokens will be generated in limited numbers and it will be impossible to destroy them, block them, or generate more than originally planned.
Tokens for team members, consultants, partners, and other participants will be blocked for a safety period to ensure their goodwill and sincere involvement.
For a cryptocurrency to be sustainable, it must be the engine of a sustainable economy - that’s why Zynecoin aims to strengthen the continent’s economic performance.
The more users, the more their distribution will expand, and the more the ecosystem will grow and gain value, benefiting long-time Zynecoin holders, including those who purchase it during the sale.
Roadmap
April 2018
Zynecoin conceptual development. Hayat becomes an idea. The team meets and gets bigger.
May 2018
Development of Hayat’s back office and applications.
15 December 2018
Hayat deployed for testing through several health structures in Morocco.
25 December 2018
Zynecoin business model and concept fully developed. Smart contract initiated.
23 January 2019
Zynecoin’s private sale reaches hard cap
25 January 2019
Zynecoin’s crowdsales launches.
March 2019
Hayat testing is over, deployement in African cities start. The development of the Zynecoin African blockchain WETHIO starts.
The Brain Behind Zynecoin?
Zynecoin came to be as a collaboration between three forward thinkers:
Jihad Ouazzani, a marketing specialist
Mossaab Tazi, a certified blockchain expert with studies in finance and health information management
Youssef Darim, an electrical engineer and project manager
Team
Khalid SBAÏ
Strategic Planning & International Business Development
Mossaab TAZI
Data Analyst & Blockchain Expert
Amine MOUKIT
CEO of CDVI Morocco Consultant for the Use & Lend project
Partners
For more details about this amazing project, please visit the links that I will leave for you at the end of this article.
Website: https://zynecoin.io/
Whitepaper: https://zynecoin.io/wp-content/uploads/2019/01/wpz.pdf
Facebook: https://www.facebook.com/zynecoin/
Twitter: https://twitter.com/zynecoin
Telegram: https://t.me/zynecoin
Instagram: https://www.instagram.com/zynecoin_fr/
AUTHOR
nelsonjohn
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