Hello there ZenFamily.

We launched this project very small and humble with a very big mission ahead. The project started with one man team and it grows to five team members/volunteer. Looking for new team members wasn’t easy, we approached different talented people to come on board and we are lucky to have four additional team member/volunteer. These amazing people hop into helping this project without expecting compensation or salary at first. As this project should deliver the final platform before team members get their own share of the team tokens.

What’s up?

Last June and July, we launched a Seed Funding Campaign by giving out 10% of all Zenswap Network Tokens. We collected small funding by this campaign. I know, it’s a small. But that was the only amount needed to kickstart the project, we were able to airdrop tokens to the community who joined our Project Launch Airdrop Campaign. The 60% of the ETH collected were used to secure cloud computing platform tokens (0chain’s ZCN, DADI token and Chainlink’s LINK) that will be used in the future. We decided to secure these cloud computing utility tokens back in July than acquire these token later. The 20% of ETH collected were used for airdrop distribution fee, testing smart contracts, deploying smart contracts and other miscellaneous small expenses. The other 20% of ETH will be used on distributing tokens for exchange voting and the upcoming Community Rewards Campaign.

During the past quarter, our community grows to more than 6000 and more than 4000 was able to qualify for the Project Launch Airdrop. We have also finished the general whitepaper ahead of time and revamped our website to be more informative. The pricing algorithm and formulas for this project was successfully designed and published in the whitepaper. You could read more about this on our whitepaper.

On the first week of September, we launch the ZNT-ZLT distribution campaign. You may be wondering what is ZNT and what is ZLT. Zenswap Network will be adopting a dual token system. The functions of these utility tokens were described on the whitepaper. The ZLT token is a dapp token. A similar manner to Augur token, Augur token smart contract was specifically designed to function in respect to their prediction platform. The ZLT token will also be designed to function in respect to Zenswap platform, a liquidity mediator value token. The ZNT utility token is a more powerful token as it will be used not only in Zenswap Network but also to numerous value-added services tied to the main platform. During the ZNT-ZLT distribution campaign, you will receive a ZLT-U ERC20 token and a free ZNT ERC20 token for your ether contribution. And before the release of Zenswap platform, the ZLT-U ERC20 will be migrated to main ZLT dapp token. If you are interested in how to acquire a ZLT token or interested in supporting our project, head on to our website and we urged contributor to read our most favorable terms.

What’s next?

As of now, we are arranging a listing of ZNT token to numerous free listing exchange platform. And we have launch Exchange Listing Voting Campaign, we will have an exchange voting campaign for platforms like Coinex, Mercatox, Aiodex, and Shardax. We urged the community to participate in these rewarding campaigns.

We are currently listed on decentralized exchanges like TokenJar, ForkDelta, and Enclaves. We are still exchanging discussion on some of the exchanges as of the moment. And we will always announce the listing on these platforms to our communication channels once finalized.

The most awaited Community Reward Campaign will be launched next. This campaign aims to boost the community and give the community an opportunity to get more ZNT as a reward. As you know, 80% of the ZNT tokens are meant to be given out to the community in different campaigns.

Looking forward to seeing the support of our beloved community in our different campaigns. This is a community driven project after all.

If you are a developer and programmer that believes shares our vision, compassion and willing selflessly volunteer or be part of the team. Send us a message and express your interest in helping to build this platform.

More information:

Website: http://www.zenswapnetwork.info

WhitePaper: https://drive.google.com/file/d/1sNaiMxa87ra4-QQv5uFBo0etDnSDj6Y6/view?usp=sharing

Telegram Chat: https://t.me/ZenswapNetworkChat

Telegram Channel: https://t.me/ZenswapNetwork

Twitter: https://twitter.com/ZenswapNetwork

Facebook: https://www.facebook.com/ZenswapNetwork

Medium: https://medium.com/@zenswapnetwork

Minds: https://www.minds.com/zenswapnetwork

Reddit: https://www.reddit.com/r/ZenswapNetwork

BitcoinTalk: https://bitcointalk.org/index.php?topic=4688090

Github: https://github.com/zenswapnetwork/ZenswapNetwork

Instagram: https://www.instagram.com/zenswapnetwork/