Network effects: Many say that tokens are all about network effects. We would be inclined to agree but would add that it’s about trust and usability for apps too. Zinc offers information at a protocol level, in the Zinc trust protocol. We offer application layer value and real usability too with our referencing/rating dApp & Zinc profile webpage.

The proof of work experience, reputation and skills is protocol level information that can be plugged into many different apps and built on top of. The more workers and companies that use these apps or build on top of the protocol, the more value Zinc has.

It’s important to stress that Zinc is not merely a technical solution to the problems of data centralisation. Blockchain allows for the tracing of provenance online and, by collecting reference data on the blockchain, Zinc enables the tracing back of these peer to peer proofs. Workers can prove the provenance of their information, then truly owning this data, forever.

Zinc provides the infrastructure to give workers, companies, managers and colleagues aligned economic incentive so that peer to peer proofing is possible. This results in better information for all. Platform fees will be dispersed back to the rightful owner of the data ~ the worker. Zinc is here for the long term and we are focused on driving the long term value of Zinc and the adoption of the Zinc trust protocol.

Need for Zinc : We’ve been asked many times… Why not use ETH to power Zinc? As mentioned above Zinc comes will governance rights in the Zinc DAO. The DAO is very central to our thinking and vision for the future of work. In the Zinc DAO anyone that has a stake in Zinc has an influence on the decentralised organisation. Therefore owning Zinc will give you voting rights in decisions on the protocol and network.

Furthermore, it should be noted that Zinc is going to be transacted on our POA network. We’re not building on the Ethereum Mainnet. We’re building a public, POA, consortium blockchain which is Ethereum based. This solves scaling and gives us zero transaction fees. Recently Vitalik Buterin said Consortium chains were the best short-medium term solutions to scaling. It seems we were ahead of the curve in backing cross blockchain bridges to win the race over scalability solutions. Hence the Zinc token is essential and will be the lifeblood of anything built on our trust protocol.

Thanks for persevering this far to find out about Zinc. If you have any questions join our telegram chat. Follow us on Medium, Twitter, or read more at >>Zinc.work<<

Disclaimer: Zinc’s Coinception Crowdsale is not an investment opportunity in Zinc. This blog does not constitute investment advice, I’m heavily under-qualified to provide that. Whilst we borrow models from different funding approaches the Coinception crowdsale is an open opportunity to purchase utility tokens that represent no stake in the UK Ltd company R-Block.