By
Mayowa Adebajo
April 10th, 2024
ZenDao aims to use Blockchain technology for a digital representation of the real-world collectibles on Blockchain and establishment of an unalterable digital provenance ledger and ownership transfer channel.
ZenDao, a decentralized platform developed on the Metaverse Blockchain, has announced that the start of its ICO is scheduled for June 23rd, 2017. The fundraising campaign will end on July 7th, 2017.
During the campaign, ZenDao Coin (ZDC), the fundamental unit of account on ZenDao platform representing the value of the entire network, will be distributed to the investors and early backers of the platform. The interested individuals can read all the information about the price per ZDCs and bonus system on the official web-page of ZenDao.
It is known that 70% of the initial number of ZDCs on the platform will be allocated to the public through the ICO. People will be able to participate with BTC, ETH and ETP through ZenDao webpage or the following platforms: openledger.hk, btc9.com/Ico, tokencapital.io, btc9.com, aimwize.org, and ICOtime.
ZenDao targets to develop and offer smooth solutions to complex problems and to create a fair and open market standards. The project aims to use Blockchain technology for a digital representation of the real-world collectibles on Blockchain and establishment of an unalterable digital provenance ledger and ownership transfer channel.
ZenDao has put much effort to address the challenges related to the art and collectibles market, such as the lack of a reliable proof of provenance history, market illiquidity, pure valuation methodology and forgery risks. The platform came up with its decision – it will link physical assets with their digital representation on Blockchain by tokenizing collectibles. This will allow leveraging all the advantages that the Blockchain technology can offer including security, transparency, speed and ease of transacting.
While implementing innovative tools, such as the smart script secured trade (“SSST”) and unique authentication mechanism, ZenDao is committed to the high value of the full chronicle of the collectibles’ life cycle, hence allowing history to speak for itself.
There is one more promising ICO taking place that you can still participate in. Polybius Foundation, a team of financial, security, legal and technical experts, has just covered two of five weeks of its ICO and we can already talk about its success. The crowdfunding has already attracted more than 17 thousand participants and has passed a critical milestone: 7,897 BTC or $19,3 million in fundraising.
Polybius aims to create a truly digital environment, where any kind of data is available when required but secure from everyone else at the same time. It will become possible thanks to an all-European single KYC tool that will enable transmitting information between different entities and facilities.
Meanwhile, the Bancor Network has raised almost 400.000 ETH, which is equal to $142 million at an Ethereum price of $360 in less than 3 hours on Monday. The result was achieved even despite numerous cyber attacks on the fundraiser’s network, application and website that affected the velocity of transactions settlement and prompted the team to prolong the minimum funding time from one hour to three. The Monday fundraising campaign was later declared to be the largest one in the blockchain industry.