Who gives a damn about ZEN being a commodity. Many of us here say it's a "currency." Many here believe it's both. What the hell does that have to do with the FACT that ZEN is a PRIVATE (not public) company who is subject to audit at any time from the I.R.S.
Why don't we just say that Zencash is a digital token that allows you to participate on the Zencash network... just like the legal notice here:
https://zencash.com/assets/files/ZenCash_LEGAL%20MEMORANDUM.pdfIt has properties of a currency, and it's value is based upon market demands, and the amount of effort put into mining new tokens.
Exactly. It has the values of a typical cryptocurrency coin, in that coins are minted over time by a set of rules through mining and nodes.
However, zencash also has properties of a 'token' as it provides services that have a market value through initiatives like Zen pub, chat and hide.
Zen platform will be on top of ZenCash blockchain not opposite, Zen (coin) is main product of this platform, one of many services that this platform providing.