This article will present general information about “ZEON Platform” which is basically a financial platform, which is governed by its’ users and targets to make investing and trading processes safer than ever. The article will contain information regarding, the features of the platform, the problems it will solve, economic model, the team, token metrics, crowd-sale information and my general thoughts about the project.

ZEON Platform has been established as a non-profit organization. The founders have been in cryptocurrency space for years as early adapters. The idea of establishing a platform which will enable safe investment to cryptocurrency and ICO projects emerged from the experiences of the founders who lost a lot of funds via centralized exchange-oriented problems such as hacks etc. ZEON Network is a decentralized platform for secure purchase in all areas of crypto economy.

Problems

Main problem of cryptocurrency at the moment could be sited as Mass Adoption. People do not want to invest in cryptocurrency since it is too risky. Most of the problems given below combines to create this problem. Some of them are the problems that cryptocurrency investors or traders face.

• Loss of funds: Do you remember Bitconnect? Biggest SCAM in crypto. Cryptocurrency investors lose their funds while investing in ICO / crypto projects. ICO projects tend to think the product proposed has less priority to be implemented. Often investors left unattended and surrounded by FUDders. Proposed projects/products are not realized and they might even become a victim of fraud.
• Cryptocurrency exchange hacks: centralizes exchanges are vulnerable to hacks which result in loss of funds. People lose their funds after such hacks. In order to trade funds need to be on exchanges so most of the traders take risk of losing all their funds.
• Transactions are slow and cost high.
• No insurance provided while investing in ICO’s and for holding tokens on exchange. This results in loss of funds or devaluation of their investment. As a result users are disappointed about cryptocurrency which is bad for the ecosystem.
• Lack of liquidity results in inflated costs of specific trades and often it is many times higher than the declared fees and charges.
• Lack of transparency of the trade actual costs.

Solution

• One of the main solution ZEON Platform provides is to help mass adoption. This will be achieved by providing a decentralized platform where users can safely invest in ICO projects. 90% of the investment of a user will be refunded in case the ICO happens to be a scam and the investment was made using ZNC.

• The platform itself will be governed by users via voting and the Zeon Protocol. Protocol will initiate voting on important occasions and users will have indirect control of the ICO project they have invested in.
• The platform will provide users with instant and interest free swaps. Cross-chain trading will be initiated when user decides to swap his/her digital assets (BTC, ETH, LTC) which are kept in his/her Zeon wallet. By doing so user eliminates the high risk of keeping assets at an exchange.

• Utilizing swaps by holding the long-term valuable coins such as BTC, ETH, LTC in his/her wallet, users get rid of high transaction costs.
• Long transaction times will also be eliminated by utilizing sharding by making 100.000 transactions per second possible.

Features

Atlas - Safe ICO Investment Platform

This is the safest tool for investing in ICO’s. Its’ main function is to help investors to control the targeted use of funds. ICO projects to be invested will have a wallet in the platform. The raised funds will be stored in this wallet. Payments will be done according to the work done by the ICO team. The payments of the teams would be increased or decreased according to the performance of the team, the valuation of coin etc.

Zeon Wallet

Basically, the Zeon Wallet is a multi-asset wallet which allows users to make deposits, exchange and send P2P and safely investing in ICO’s. In addition, there will be a function of safe P2P exchange where ZEON will be a guarantor of a transaction.

Erebus – Masternodes

ZEON Erebus is a multi-level masternode system that encourages users to set up new nodes, save and buy ZNC to increase profitability. After token sale completed, Zeon will migrate to its own blockchain and masternodes will be available.

Token Metrics

Targeted funds are attainable
• Soft Cap (Pre-ICO) ~ 2 000 000 USD.
• Hard Сap (ICO) ~ 15 000 000 USD.
• Price of 1 ZNC: 0,0005 USD.
• Minimum purchase on the ICO: 50$.
• Minimum purchase on the closed Pre-ICO (whitelist): 2000$

Team

The team is composed of 13 persons whose experience is composed blockchain technology, development, trading and marketing.

Advisors

There are 5 advisors who support the project. They have expertise in the fields of technology, insurance and law.

Conclusion

The value proposition of ZEON Network is great. People keep their funds at hardware or software wallets to prevent them being hacked which is the safest alternative at the moment. In this case owners would not be able to trade with their cryptocurrency. Another alternative is to use decentralized exchanges which lack the volume that bigger exchanges have. Therefore, most of the cryptocurrency traders risk their funds while keeping them at centralized exchanges. Providing safe trading option is a key benefit to cryptocurrency users which Zeon Platform will do.

Although it seems that the excitement of the masses to ICO’s have significantly decreased lately, this is more related to the sentiment ruling the market. Most of the ICO projects extended their token sale periods till the end of the year as a result of the bearish market. Once the bullish sentiment comes back, ICO craze will start again. Investing in the right ICO is very important to get the anticipated return on investment. There is not an efficient tool which makes investing in ICO projects risk free until Zeon came. The second key benefit of the platform is to provide such a tool for users where, they can control the amount of payments to be made to the ICO team. This will keep the ICO team to keep up with their commitments. The protocols established will initiate voting’s for certain important decisions which will be triggered by the change in value of coin, delisting of coin from an exchange etc. In addition, if the ICO investment is made by using ZNC tokens, which is the native utility token of the ecosystem, and the ICO comes out to be a SCAM, 90% of the funds invested will be returned back to the investor.

ICO is live at the moment and interested investors are invited to read more about the project details from following links:
Website: https://zeon.network/
Whitepaper: https://zeon.network/whitepaper.pdf
Onepager: https://zeon.network/onepage.pdf