Zenland Escrow Platform - A Safer Way to Protect Transactions And Join the Crypto Revolution with $ZENF Token

in #zenf2 years ago

Why Zenland Is Secure And Trustless Way For Buyers And Sellers Transactions?

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Cryptocurrency and blockchain technology have revolutionized the way we conduct transactions, making them faster, cheaper, and more secure. However, with this new technology comes new risks, especially in the form of scams and frauds. This is where Zenland's escrow smart contracts come in, providing a secure and trustless way for buyers and sellers to conduct transactions.

Traditional online transactions are fraught with risks, especially when it comes to buying or selling expensive items. The buyer is often at risk of not receiving the item, while the seller is at risk of not receiving payment. In the past, escrow services were used to mitigate these risks, but these services often came with high fees and were centralized, meaning that a third party had control over the transaction.

With the advent of blockchain technology, escrow smart contracts have become a reality. Zenland has taken this concept a step further by creating a decentralized escrow platform that allows users to trade directly with each other without the need for a third party. This eliminates the risk of fraud and scams, and also reduces transaction costs, making it more accessible to everyone.

Zenland's escrow smart contracts work by creating a private encrypted container that is stored on the blockchain. This container can only be accessed by the buyer and seller, ensuring that no third party can interfere with the transaction. The buyer sends the payment to the container, and the seller sends the item to the buyer. Once both parties confirm that the terms of the contract have been met, the payment is released to the seller.

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This system provides several benefits over traditional escrow services. First, it eliminates the need for a third party, reducing costs and increasing trust between the buyer and seller. Second, the use of blockchain technology ensures that the transaction is secure and tamper-proof. Finally, because the smart contract is self-executing, there is no need for a middleman to oversee the transaction, making it faster and more efficient.

Zenland's escrow smart contracts can be used in a variety of industries, from online marketplaces to real estate. For example, imagine you are buying a used car from a private seller. With Zenland's escrow smart contract, you can send the payment to the private encrypted container, and the seller can send the car to you. Once you receive the car and confirm that it is in the condition you expected, you can release the payment to the seller. This eliminates the risk of the seller not sending the car, or the buyer not paying for it.

Another example is in the real estate industry. Escrow services are often used in real estate transactions to ensure that both the buyer and seller fulfill their obligations. With Zenland's escrow smart contracts, the entire transaction can be conducted securely and efficiently without the need for a third party. This reduces costs and increases trust between the parties, making it easier for buyers and sellers to conduct transactions.

Zenland's escrow smart contracts provide a secure and trustless way for buyers and sellers to conduct transactions, eliminating the risk of fraud and scams. This technology has the potential to revolutionize industries from online marketplaces to real estate, making transactions faster, cheaper, and more secure.

ZENF Token Usage And Why You Need Buy This Token?

Zenland has also introduced its native token, $ZENF, which is an essential part of the platform's ecosystem. This token offers various benefits to users, including discounts on transaction fees, access to exclusive features, and staking rewards.

$ZENF Token: What is it?


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$ZENF is an ERC-20 token that runs on the Ethereum blockchain. It is the native currency of the Zenland ecosystem, providing users with various benefits, including access to discounted transaction fees, staking rewards, and exclusive features.

The $ZENF token is also used to incentivize users to participate in the platform's governance. Zenland's decentralized autonomous organization (DAO) allows token holders to propose and vote on changes to the platform's governance structure, and $ZENF tokens are required to participate in these processes.

The $ZENF token's total supply is 100,000,000, with 40% allocated to the public sale, 30% for the team and advisors, and 30% reserved for ecosystem growth and development.

How to Use $ZENF Token

Purchase $ZENF Tokens - To use $ZENF tokens, users must first purchase them on a cryptocurrency exchange or during a public sale. The tokens can be stored in any ERC-20 compatible wallet, such as MyEtherWallet, MetaMask, or Ledger.

Pay for Transactions - To benefit from discounted transaction fees, users must hold a certain number of $ZENF tokens in their wallet. They can then use these tokens to pay for transactions on the Zenland platform, and the discount will be automatically applied.

Staking - To earn staking rewards, users must hold a certain number of $ZENF tokens and lock them up for a specific period. They can then earn rewards for supporting the network's operations and helping secure the platform.

Participate in Governance - One of the main ways that ZENF token holders can participate in governance is through voting. Any decision that impacts the platform and its users can be put up for a vote, and token holders can cast their votes accordingly. This could include things like changes to the platform's features, upgrades to the system, or even decisions about which projects should be funded.

In addition to voting, ZENF token holders may also have the ability to propose changes to the platform or suggest new initiatives. This is because token holders are invested in the success of the platform and may have valuable insights and ideas for how to improve it.

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Join $ZENF in Presale : https://www.pinksale.finance/launchpad/0xCf834e2a5bD809Ae23F362a45b9d3a157A623675?chain=BSC
Waiting list Buy $ZENF in Official Token Page: https://token.zen.land/

Final Thought

Zenland's escrow smart contracts are the future of secure and efficient transactions. With the increasing prevalence of cryptocurrency and blockchain technology, it is more important than ever to have a safe and reliable way to conduct transactions. Zenland's escrow smart contracts provide this security and reliability, making it easier for everyone to participate in the digital economy.

Team of Zenland


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For more information, visit at:

Zenland Website: https://zen.land/
Telegram: https://t.me/zenlandofficial
Escrow App: https://app.zen.land/
Discrod: https://discord.gg/gXdd8bd6Ez
Twitter: https://twitter.com/zenland_app

Author

Username: Nalweyiso
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3481485
BEP-20 Wallet Address: 0x7AbDb7e865E53a4F51B38370812FfD1d2793Ebbf