The blockchain area in its present state is notorious for its many inherent dangers posed to participants; issues relating to financial security, absence of token utility, as well as the incredibly high-risk nature of the enticing but hugely precarious ICO marketplace, are contributing to the avoidance of mass adoption of cryptocurrency and supplying current participants with continuous concerns and costs, both monetary and otherwise. The unfortunate present state of affairs of this blockchain space means the fact of this problem is that cryptocurrency funds are seldom genuinely safe. Exchange breaches and wallet hacks are a widespread occurrence in our market, so much so that it's now a regular part of the process - the next hack isn't a matter of if, but who and when. Crypto wallets, similarly, are now hugely abundant but rarely provide a secure solution to finance storage and trades; this insecurity of capital is a problem which both plagues current industry participants and generates an unappealing environment for cautious prospective investors.
ICO investment is one of the key appeals of engagement from the area, and arguably among the most significant drivers of growth for the sector overall, however, the industry is currently facing a massive issue; a lack of people and community faith in ICOs are surfacing as a result of the notorious quantity of failed jobs and- more densely - the sheer number of scams completed in the area. The main difficulty of cryptocurrency at present could be cited as Volume Adoption. People don't need to invest in cryptocurrency as it's too risky. The majority of the issues given below combines to make this issue. A number of them are the issues that cryptocurrency traders or investors confront. Such hacks and cases of scammers may be commonplace to us immersed in the area, but the present steady flow of scare stories of missing funds and scam attempts is especially alarming to external individuals.
All of these are currently inherent problems in the space contributing to an unsecured and uncertain participant surrounding, and which must be slowly yet adequately addressed for the distance entire to continue to advance.
What is Zeon Project
Enabled only by the chances of blockchain technology, the production of DAOs (Decentralised Autonomous Organisations) is supplying new community-driven solutions to current industry issues in a way never previously possible. One such industry in the best need for this approach is our crypto area; now plagued by consistent problems concerning fund security, the absence of crypto usefulness, and notably insecure ICO investments, the Wild West frontier of this blockchain industry frequently sees participants crying out for a guiding hand and enhanced safety.
This is the vision of Zeon Network, who aim to handle the current crippling issues of this blockchain space by introducing their own innovative blockchain-based DAO alternative into the ecosystem. Zeon Network is basically a decentralised platform created to provide improved security for participants participating throughout the crypto market, by performing a range of purposes such as easing fair regulation and a specific quantity of insurance of funding to ICO projects, allowing anonymous and secure fund storage and trades through the indigenous Zeon wallet, and the active promotion of exchange liquidity to the ZNC token.
The advantages and benefits of Zeon
As a DAO, the most notable innovation in Zeon Network lies in its community-driven operational mechanism, which we'll explore soon. First, we will need to outline the many problems being handled by Zeon's multipurpose solution.
Zeon utilizes an excellent and innovative interface design that's comfortable enough to use. The project provides a chance to trade on decentralized and centralized exchanges. The platform also allows making all sorts of deposits, exchange cryptocurrency and enables customers to create p2p transactions. Zeon Network utilizes the chances of blockchain to present an innovative decentralized platform, driven by the community itself, acting to improve the experiences and operations of participants throughout the crypto ecosystem. Built on a foundation layer of the blockchain, the Zeon platform will allow for a degree of community involvement, financial security, and mutual user benefits never like before possible. The project utilizes blockchain engineering and sets itself the task of the maximum safety of the accounts and the funds onto it. The programmers analyzed the marketplace of these projects in detail and concluded that the majority of the present ICO projects have large security holes.
The decentralized, automated trading platform of ZEON enables traders to instantly get into the remains of crypto assets that are placed simultaneously on many trading platforms. For user convenience, the port is incorporated into ZEON Wallet. In a desktop application, the operation will be a lot wider. Members will be supplied with semi-insured ICO participation and will be provided with the chance earn by participating in the community consensus via master nodes. Such community-led DAO structures are permitted only by the chances of blockchain technology, and unlike conventional organizations that grow less effective as they increase in size just become more powerful as the system increases and as community involvement grows.
Zeon Network's wallet will offer a solution for not only protected storage of funds but also intends to tackle current issues of crypto pockets' utility and higher transaction fees. The usage of this platform's native ZNC token will allow for more cost-effective transfers as well as the avoidance of exchange hack dangers and will utilize a POS 3.0 mechanism to provide anonymous, anonymous transactions around the system.
Zeon Network is pursuing the noble vision of exploiting these chances for the greater good of participants of this crypto market ; Zeon Network's solution won't only offer a secure and user-friendly wallet for its comfortable and stress-free utilization of capital, but will encourage the usage of their token for a variety of functions to normalize crypto usage, and will offer a community-driven atmosphere for more secure crypto investment. At its heart is a desire to enhance the adventures and daily operations of those currently working in the area, but more importantly in my opinion to offer an environment that's more attractive - and much less worrisome- to prospective adopters. DAOs will provide a revolutionary approach to enable community-driven solutions of great forms, and Zeon Network's innovative community-driven vision has the potential to provide a more valuable experience for ecosystem participants on several different fronts.
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Author : thefuturecurrency
Eth Address : 0xb81a603DB83EC07aec63399852017BCBe3d136E7
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