Zichain takes a leading role in creating a cryptocurrency asset management industry for private and institutional investors, combining best practices of traditional financial world with innovative technologies. They are developing an ecosystem comprised of several key products: a platform for starting and managing investment funds, news and market data provider with a marketplace for asset managers, and index funds based on a family of their cryptocurrency indices.

They notice the growing interest and attention of a large number of people towards the cryptocurrency world. This is true not only for retail clients, but also for large institutional players. However, investors and managers still do not have a unified solution for convenient, reliable and safe asset management. That’s why we see immense potential in this industry and believe that they can take a significant market share.

What services does Zichain have to offer ?

Zitoken (ZCN) is the ERC20 token in the Ethereum blockchain, which acts as an internal currency fuelling the ecosystem of thier services. The ERC20 standard is used to facilitate transparent, low-cost transactions within the platform, and to provide users with convenient and secure opportunity to store tokens. With Zitoken, both investors and managers can pay for our numerous services at a 30% discount. Such services include:

• CryptoEYE: marketing tools for BAMP fund managers
• BAMP: fund set up, full access to platform services
• TheIndex.Fund: payments of fees for investing in indices
• ZiChange: payment of fees for exchanging cryptocurrency

Token Generation Event

With Zitoken, both investors and managers can pay for thier services at a 30% discount. Such services include: CryptoEYE marketing tools for fund managers, BAMP fund infrastructure and trading platform, investing in TheIndex.Fund, covering exchange fees on ZiChange.io. Later, they plan to provide the opportunity to pay for our partners' services. Also 50% of payments in other cryptocurrencies are reserved and used to repurchase Zitoken on a weekly basis.

During the Token Generation Event (TGE), They plan to issue no more than 703,125,000 tokens, of which up to 450,000,000 can be sold to investors. The main goal is to raise funds in the amount of US$25,000,000 for the development of the company's projects. To motivate participants to invest at an early stage, tokens will be sold at a discount of up to 65% on the final round price (US$0.1). The discount will gradually decrease until the end of the TGE. The sale of tokens will occur in three stages:

• Private sale : During this stage, which will be 4 weeks long, up to 80,000,000 tokens will be sold. The private sale is divided into 2 rounds. The price of the first round is US$0.035, or 65% discount off the final token price. The token price of the second round is US$0.06, or 40% discount off the final price. The preliminary sale of tokens will allow the company to raise the minimum necessary capital for continuing current products development and launching a marketing campaign. Private sale hard cap is US$2.8 mln.

• Pre-sale: During this stage, the price of a token will be US$0.08 (20% discount on the final price). The public pre-sale doesn’t have individual hard cap as the private sale. Therefore, not more than 370,000,000 additional tokens will be sold. To participate in the Pre-sale, you need to be added to Whitelist and go through the KYC procedure. The Pre-sale starts May 21, 2018 and ends August 31, 2018.

• Token Sale: All remaining tokens will be on sale (450 million subtracted the number of tokens sold during previous rounds). Tokens will be sold at US$0.1 each. If the fundraising goal is reached before the end of the TGE, the unallocated tokens will be burned. KYC is required for users to participate. The Token Sale starts September 16, 2018 and ends October 31, 2018.

Token distribution

Team&Advisors

Team consists of large professionals from different industries with years of experience. With the main participants you can see on the official website, where you will also find links to their personal accounts in social networks.

Links:

Website: https://zichain.io/
WhitePaper: https://zichain.io/pdf/Whitepaper.pdf
Telegram: https://t.me/Zichain_EN
Facebook: https://www.facebook.com/zichainecosystem/
Twitter: https://twitter.com/Zichain1/
Medium: https://medium.com/zichain
ANN: https://bitcointalk.org/index.php?topic=3738779.0
Author: https://bitcointalk.org/index.php?action=profile;u=1945386
Name: Huan00087