Review on zzz.finance by gregori cordova
with zzz finance the community is the one that makes all the decisions
Projects based on blockchain technology, have introduced during this year, a relatively young term in the industry and that has been gaining strength and acceptance in the crypto market, known as decentralized finance DEFI. In this context, there are many companies that have sought to tokenize their products and services to reach more and more users around the world in a fast and direct way, using the benefits that the blockchain offers to achieve it. One of the youngest defi projects to hit the market this year is ZZZ, created in mid-August of this year 2020 and which faithfully follows in the footsteps of the visionary satoshi nakamoto on decentralization, since all its priorities point towards the community , from the value of the zzz token, to the decisions made for the future of the project, thus turning it into a fully digitized democratic ecosystem that takes its community into account at all times and where users are the ones who have the power to vote over it. Built under the erc-20 standard of the ethereum blockchain, the project presents 2 integrated tokes that function as additional layers of the zzz finance ecosystem: Dream and Nap, which are intended to offer the development of a liquidity and composition fund to the project in general. .
In conclusion, I must say that this type of projects focused on absolute decentralization and that have the community as a priority, are an example to follow to further develop the financial ecosystem that has been created in recent years thanks to the implementation of the blockchain technology, since the users themselves are the ones who make most of the decisions to create a more equitable and sustainable financial environment without the control or supervision of third parties.
Pros
- The audits carried out in its base code are carried out by a company with prestige and excellent reputation in the market called Certik. Io
- The community is in charge of deciding on all the actions taken and on the future of the ecosystem itself and there is even an open survey for them to choose the best governance system for the project.
- Currently the zzz token can be exchanged for ETH on Uniswap, an Exchange that in recent months has obtained enormous
- To ensure the sustainability of the project, zzz token holders are rewarded with the integrated Nap and Dream tokens.
- They plan to constantly airdrop according to their original roadmap and will be distributed to zzz token holders
Cons
- It is still a very little known project in development that should carry out more marketing campaigns to become known
- They do not yet have an integrated wallet to store their native tokens
- The total supply is only 20,000 zzz tokens
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Comments (1)
October 16, 2020
Without a doubt, it is seen that it is a really promising decentralized blockchain project and it even literally says in one of its annotations that we can make money sleeping, is this possible? It only remains to wait and see how this platform grows over time.
