UPDATE: Kucoin.com just listed ZINC on their exchange today June 29 2018, amazing news for the project!

Update 2: You have to love good news! The test net for ZINC was just released making this undiscovered gem even more interesting, they are delivering what they promised and they are doing it quick!

Back To Why I Think This Is One Of The Most Undervalued Tokens In The Market:

ICOs are like bombs: they are expected to either boom in the market, or explode in the faces of their developers and investors.

This is the very reason that if you want to be a trader, investor, or just want to support a promising blockchain project, you must know the very fundamentals of ICO “bomb-handling.” You have to know which bombs are stable, which bombs will create a big boom and which bombs are just straight-up traps. As of this year, there are over 1500 cryptocurrencies in existence, but of course it’s obvious even to the inexperienced that not all these coins will succeed. The blockchain is a public resource and its programming is accessible to everyone. This is the very reason why altcoins are very easy to create, however it is also because of this that altcoins are easy to fail.

It’s easy to create a coin, but the real challenge is to create value.

Bitcoin is the ultimate cryptocurrency, and because of its widespread and market dominance, it has become the gold standard of the crypto market. It utilizes the blockchain in its simplest: to create a public ledger which executes and tracks transactions. Nothing fancy. This is the reason why it has become so popular. Its use is universal and straightforward. However, if we put into consideration the 1500+ altcoins that existed after its success, and they have the same purpose, wouldn’t it be useless? What’s the point of having countless currencies in your wallet like Bitcoin 1, 2, 3 and so on, when there’s already a dominant and universal currency that is sure to last? With this logic comes the downfall of countless ICOs and garage passion-projects that aren’t thought through. These time-bomb projects has been rampant in the dawn of cryptocurrency in mainstream attention, but now as blockchain technology and smart contracts have been developing over the course of time, the ICO race have learned from its past mistakes and has evolved since then.

The ICO race is now a struggle for relevance.

SPECIFICITY is the new ICO race and if you are new to investing to cryptocurrency, then you might see coins and tokens emerging left and right that showcase specific functions which go alongside decentralized applications (DAPPS). By targeting specific markets and narrowing their focus to a certain demographic, ICOs are able to make themselves staples of their target market, ensuring their existence alongside the industry that they integrated themselves into. Some of the notable examples of these ICOs were Block Array which has its functionality exclusive for digital logistics in trucking companies, DATx which aims to create a decentralized advertising ecosystem which incentivizes both advertisers and end-users and lastly, one of the most remarkable being Shivom which aims to create a genomics data hub using blockchain technology to increase efficiency of genomic medical research. These ICOs have reached their hard caps and are now available in various trading platforms.

Pointing out the “SILENT BOMBS” of crypto, and seeing their potential before everyone else is the key to successful investments.

Stating the function-specific coins and tokens I have mentioned earlier may seem easy since they have already established themselves on the market, but recognizing an ICO’s potential firsthand is actually the hardest thing to do. Many ICOs, mostly scams, get to have tremendous funding upon release mostly because of glittery marketing campaigns which glare investors with shiny promises and platforms, usually with well-made video presentations and convincing websites. However, most of these coins never see the light of day once it gets released on the market because there is no actual product. DAPPS remain theoretical and their architectural framework proved to be too flawed to be put to reality — the very point of the saying, “A noisy can is an empty can.”

Some ICOs, on the other hand, have the entirely different scenario, which brings me to this project called ZINC, which look to become the world’s first blockchain-based careers ledger & anonymous hiring network. Unlike the very loud ICOs out there, this project relies on zero hype despite actually having a working prototype. Clearly, they have a bad marketing campaign, which is why they have little to no attention in the public eye, but they have a system that is up and running and a roadmap that continually shows progress in the development of their blockchain system as promised in their whitepaper.

Most ICOs are just firecrackers pretending to be bombs. They make loud sounds but bring no impact. They key to finding the next promising ICO is to measure its substance beyond the noise of the hype brought by marketing campaigns.

● Universality of the Market

One of the most important factors that will determine an ICO’s value is its trading volume. This means that the ICO must be specific enough to be relevant, but also universal enough to be traded sufficiently. This can be predicted by looking at the ICO’s target market.

ZINC, to be simply put, it aims to create a “decentralized LinkedIn,” which aims to create a value-based ecosystem of companies, job-seekers and recruiters. In this case, we see that the market is specific enough to remain relevant, being the pioneer for blockchain-based recruitment database as well as identity verification. Furthermore, the online job recruitment and data management business is a multi-billion dollar industry. This is because people will always look for jobs and companies will always look for manpower. With the emphasis of being the first of its kind,ZINC shows promise of being a staple in the job market, ensuring the non-fluctuation of trading volumes once released mainstream.

● The Advantage Over the Traditional

How competent would it be against traditional methods? This is one of the most vital questions that a blockchain-based alternative should answer. Otherwise, even if the market is specific and universal, it would still lose to its preexisting competition which currently holds the upper hand.

Centralization is always the weak spot of traditional systems, and along with it come various complications such as security and revenue issues. ZINC targets the issue of data proprietorship which is a common issue with recruitment networks which profit by selling user’s data to companies. With blockchain technology, users are able to gain direct incentive from the companies that request their data, and they are in full control of whether or not they wish to share their own information.

Furthermore, ZINC eliminates recruitment prejudice and bias by making possible an anonymous means of recruiting, matching employers with suitable recruits that match their standards and leaving out unnecessary information such as affiliations and irrelevant details that would cloud the employer’s judgement in choosing recruits.

● The Framework

With the vision comes the necessary architecture that would translate it into reality — and in this case, the programming language that would make the system up and running. ZINC showcases a framework that has been tried and tested before in different blockchain platforms, and is instead applied to an entirely different field. The management of data ownership is something that is similar to DATx, wherein only the users themselves have the cryptographic keys for their own data and it is solely in their decision whether they wish to share it to another party or not.

In addition, ZINC’s DAPP has already proven the effectivity of the blockchain protocol in its system and successfully made it comprehensible through user interface. The roles of the workers, recruiters, employers, validators and authority nodes are laid down in a simple straightforward manner, without overconvoluting it with intermediaries. Workers provide their data to their recruiter of choosing and are incentivized by doing so, recruiters gather the necessary details and references that would enhance the data, the data will be then validated by the validators in order for it to be a part of the blockchain database and lastly, employers are matched with what they are searching for in an anonymous and unbiased manner.

In the long run, with a rich database of secured identities, network of contacts and infallible data, ZINC may also serve as an identity database that may enhance validation techniques and opens a door to countless other applications, especially for security process.

● Socio-Economic Significance

Lastly, the one main thing that would make an ICO not only an efficient system, but also a gamechanger in the market altogether is its socio-economic significance. If an ICO provides an alternative to the traditional that not only increases its efficiency, but also creates a major positive change towards cultural and social issues, not only it is sure to gain public attention, but it will indeed make itself the new standard.

PREJUDICE is one of the main challenges that the society faces. From race, gender, age, disability and so on, this issue of prejudice has latched itself into the socio-economic construct too much, as a matter of fact, that it makes its way into the various aspects of life of the common folk. Of course, where else would prejudice be rampant but in the job market wherein candidates are “weighed” according to their skills and competence.

ZINC brings emphasis on this problem and provides a problem with the blockchain technology. They make use of the blockchain technology to enable an objective and unbiased recruitment process. Recruits will be presented anonymously, and are weighed solely by the standards set by the employer for the job. Nothing more and nothing less. This means that absolute equality of employment will be upheld by the system, providing equal opportunities to all walks of life that are qualified for the job. This brings out of the picture the negative prejudice towards the marginal, as well as those with affiliations with persons of influence that take advantage of the skewed system.

THE ICO MARKET IS A VERY TRICKY PLACE AND NO ONE HAS THE DEFINITE ANSWER. EVERYTHING IS A GAMBLE. BUT WITH ENOUGH RESEARCH AND GOOD JUDGEMENT, SILENT BOMBS ARE NOT IMPOSSIBLE TO FIND — AND YOU JUST MIGHT FIND YOURSELF RIDING WITH THE RIGHT ICO HEADING TO THE MOON.