About Zinaricoin.com
Zinaricoin.com(Zina) is a decentralized finance (DeFi) protocol built to enable cross-border commercial transactions. The system enables traders and payees to send money using a decentralized network to their clients or investors in other territories. Zinari (Zina) is a decentralized finance (DeFi) protocol built to enable cross-border commercial transactions.
The system enables traders and payees to send money using a decentralized network to recipients in other territories. It combines the attributes of the gold standard, the universality and decentralization of Bitcoin and the trust attributes of fiat. Zinari is not here to destroy the current monetary system, but to improve on it and make transactions far better.
Zinaricoin.com provides you with a faster and low-cost alternative to money transfer platforms by using blockchain rails and a decentralized network of local FX suppliers to run monetary transfers for you. Zinari eliminates expensive gas fees, transfer fees, transaction time and volatility by using a decentralized stable currency network to run borderless transfers.
ICO | DETAILS |
---|---|
Company Name | Zinaricoin |
Token Symbol | Zina |
Decimal | 18 |
Public Listing Liquidity | 100% |
Maximum Supply | 100 billion coins |
BSC contract address | 0x76beed9649c0c297cb6de10d07efd66db38e3c47 |
Token Burn | 50% of max supply after Pancakeswap listing |
Token For Sale | N/A |
Langugae | English |
Status | Active |
Social Support | Yes |
Website | Homepage |
ZINAX The Fiat Crypto
- Ability to transfer micro and bulky funds across borders using crypto rails.
- Fiat Swap: Ability to swap fiat into crypto and vice versa or to send fiat across borders using DeFi
- Easy sourcing of FX for BDCs, retailers, corporations and individuals in countries with fiscal issues
- Crypto Wallet that also serves as bank account and enables you make payments anywhere in the world, just like a local
- Military grade encrypted hybrid wallet that provides you security from hackers and phishing attacks
- Extra features for corporates like overdrafts, mints, cheques and loans.
Tokenomics
Zinari Ico (launched on the 16th of April, 2021) is built on the Binance Smart-Chain Network. It has a maximum supply of 100 billion coins.
Zinari token prices are regulated by a demand and supply model which would be governed
independently of the founders’ input. The holders will decide the value, the exchange rate and the issuing systems.
The aim is to build a coin where each unit is valued to gold at a rate of 1 gold gram to 1 Zinaricoin.com . As the supply of gold increases, the value of ZINA against gold also increases. The Zina standard is measured against gold, not the dollar.
Instead of continually minting, 50% of Zinari’s maximum supply will be burnt over a 5 year period by the team. This is to ensure the growth of Zina against gold and eliminates the fiat problems of multiplication of money.
There will be two types of Zinari burn; the Community burn and the Team burn. Members of community will voluntarily donate Zinari coins that will be burnt every month (this is not compulsory but voluntary). The team burn will be carried out periodically by the team in the first five years the team will burn at least 50% of the token supply.
Liquidity in exchanges will be provided by the community, no team tokens, no airdrops. Zinari Community determines when the price goes up and when it declines.
Zinari community targets majorly African and Latin American countries where cross-border monetary transactions are very difficult.
The Zinax platform
The Zinax platform is a decentralized platform that enables travelers, importers, exporters and global firms to send money across borders. Instead of using banks and other financial institutions which have high fees and so many constrictive regulatory policies, Zinax provides the option of sending money like a local.
Zinax provides the payee with the ability to swap his local currency for crypto and to also swap the crypto to a foreign currency. Then using liquidity miners and a decentralized network, the payee can send the foreign currency to a recipient in any country of his choice.
Zinax isn’t only available for retailers; remittance services and Bureau De Change operators can also use it to source FX and run borderless payments.
Zinaricoin.com is a link between fiat and crypto, matching the two into a standard system payments. With a Zinax wallet, you can travel across the world and make payments like a local.
The Zinax platform would come with a wallet, swap and exchange. Other features such as cards, overdrafts, mints, cheques, escrow and POS managers will be also available.
Zinari Cash
Zinari ico would enable holders to print out cash notes for daily offline trades. Qualified Holders will use the mint function to produce an NFT Zinari token which will be printed using a 3D printer. The cash notes can then be used for offline payment as the tokens would be moved to cold storage. The cash holders can always scan the cash tokens back into his online wallet and the paperback value becomes obsolete. Users will be able to scan Zinari Cash notes to verify if it is actually valid or retracted or even counterfeit.
If the codes are not live or are retracted, they cannot be used or transferred into an online wallet. Alternatively, users will be able to use an SMS code to verify the authenticity of Zina notes to avoid fakes and outdated notes. This will increase the adoption of crypto currency in locations without smartphone penetration and tech adoption. Also, holders of the cash NFT can avoid theft by keying the tokens into the online wallet hence rendering anyone who steals it or confiscates it from destroying its value.