Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
I like the idea of using blockchain to impact the gift card sector as it is clearly huge and growing... also ripe for disruption. But I'm not sure I see the value in adding a token to this platform. Could you explain why your new token adds value to the gift card concept? Why will it retain or increase in value? Thx
The ZIX token serves several purposes without which our protocol could not function:- ZIX acts as a login to the system, allowing users to buy and sell gift cards.
- ZIX can of course be used as a payment, but it can also be used to reserve various amounts of gift cards that may be in higher demand, so you can be sure you can attain it (for example, if there's a 20% discount on Amazon gift cards, you might wanna reserve that
) . - ZIX acts as a deposit within the smart contract to prevent fraud or double spending.
To learn more, check out our medium article: https://medium.com/the-zeex-protocol/why-does-zeex-need-zix-8ad243aaae60
With regards to your second question, ZIX is a utility token, so we cannot discuss price or value.