ZEN TOKEN APPRAISAL

Intro

Zenland escrow contracts are governed by a series of logical operations
performed by the user known as contract actions. The interaction between the
user and the escrow contract through contract actions results in activation of the
specific condition written in the code and change(s) made to the contract state.
WHAT IS ZENF TOKEN
Zenland Fee (ZENF) is an ERC-20 utility token of the Zenland smart contract platform. Token integration with the escrow platform and its deflationary model ensures robust tokenomics and its value-driven utility. The deflationary model of token economics means that the number of tokens in circulation decreases over time due to specific mechanisms in place. Such reduction in circulating supply is aimed at increasing the value of individual tokens in case of consistent demand. A good example of the deflationary model is ETH. Ethereum Mainnet burns ETH on every transaction to reduce the number of coins in circulation. Zenland has been integrated with 6 major EVM networks: Ethereum, Polygon, Binance Smart Chain, Avalanche, Fantom, and Gnosis. Platform users can deploy and execute escrow and marketplace contracts on any of these networks. That said, we plan to add 7 more EVM-compatible networks by Q4 2023.

ZENF utility
Reduced fees
ZENF is used to pay the service fee for both escrow and marketplace contracts (and all other released types of contracts within the Zenland ecosystem). Adding ZENF to their internal wallets, platform users get a 50% bonus to their balance.

Reduced fees
Community rewards
Early adopters of the Zenland platform (web3 escrow & marketplace) are rewarded with ZENF tokens. It is also used for contributor programs (hackathons, bug bounties, airdrops, etc.) to grow the overall value of the project and its token.

Community rewards
DAO TGE benefits
When the Zenland DAO community is formed, all ZENF token holders will have priority access to governance token generation events and other DAO member benefits, including voting for improvement proposals and profit sharing.

Cliff is time before vesting when no tokens are distributed to parties. During cliff ZENF tokens remain locked in the contract without any access. In cryptocurrency projects, cliff and vesting are usually used to stabilize token price and keep its supply and demand in check by limiting the selling pressure.
Vesting is a process of locking and distributing tokens within a set period of time. ZENF token vesting is linear block-by-block, which means that a certain percentage of the total supply is unlocked progressively over a stated period of time (for example, 90K tokens purchased through presale rounds will be unlocked after 3 months and can be fully claimed in 3 months - at any time and depending on individual preferences). Both cliff and vesting schedules vary depending on the allocation category and project roadmap.

DAO TGE benefits
Token allocation
21% Marketing
42,000,000 ZENF

4 months cliff, linear block-by-block release in 24 months
18% Development
36,000,000 ZENF

4 months cliff, linear block-by-block release in 24 months
18% Presale
36,000,000 ZENF

3 months cliff, linear block-by-block release in 3 months
15% Team
30,000,000 ZENF

12 months cliff, linear block-by-block release in 24 months
10% Community
20,000,000 ZENF

10% (1% of total supply) at TGE, linear block-by-block release in 12 months
8% IDO
16,000,000 ZENF

Fully unlocked at IDO
5% Early adopters
10,000,000 ZENF

Zenland user reward funds; used as per program needs
5% Treasury
10,000,000 ZENF

Reserve funds for building Zenland DAO and unforeseen needs

TOKENOMICS

Decimals
18

Type
ERC-20

Total supply
200,000,000 ZENF

Circulating supply
N/A

Initial market cap
$10,000,000

Audited
Credshields
Token model
Deflationary

Token contract
0xE9b7B5D5e8d2BCC78884F9F9099bfA42A9e5c1A5
FAQ

Which networks does your platform support?

What is a token cliff and how it works?

What is vesting and how ZENF vesting works?

What does a deflationary model mean?

Why US citizens are not allowed to buy ZENF?
Be an early investor
We are on a mission to build a trustless future of peer-to-peer commerce bridging web 2.0 and web 3.0. As an early investor, you support the platform‘s growth, and thus, are entitled for all its shared benefits.

Round I
Ends on March 06
Start date

February 20

Cliff starts

April 1

Vesting starts

July 1

Discount

60%

Token price

$0.02

Network

Ethereum

Token allocation

6,000,000

Progress $24,285

Left $95,715

Round II
Starts on April 01

Round III
Starts on May 01

IDO
Starts on June 30
Buy on
PinkSale

Even though ZENF is a utility, and not a security, token, U.S. residents cannot participate in TGEs. Similar to many other ICOs, this is a necessary measure imposed due to a) the grey area between utility and security tokens in terms of regulations, and b) the U.S. ability to enforce strict policies cross-border.

RESOURCES
https://zen.land/
https://token.zen.land/
https://t.me/zenlandofficial

About the Author
Joseph Johns is a successful Emergency Medicine Physician and an ardent cryptocurrency and Blockchain connoisseur
Bitcointalk Username: Janus23
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3528981
Proof of Authentication
https://bitcointalk.org/index.php?topic=5439726.msg61757320#msg61757320