Zinaricoin.com (Zina) is a decentralized finance (DeFi) protocol built to enable cross-border commercial transactions. The system enables traders and payees to send money using a decentralized network to their clients or investors in other territories. Zinari (Zina) is a decentralized finance (DeFi) protocol built to enable cross-border commercial transactions.
The system enables traders and payees to send money using a decentralized network to recipients in other territories. It combines the attributes of the gold standard, the universality and decentralization of Bitcoin and the trust attributes of fiat. Zinari is not here to destroy the current monetary system, but to improve on it and make transactions far better.
Zinari Ico provides you with a faster and low-cost alternative to money transfer platforms by using blockchain rails and a decentralized network of local FX suppliers to run monetary transfers for you. Zinari eliminates expensive gas fees, transfer fees, transaction time and volatility by using a decentralized stable currency network to run borderless transfers.
Zinaricoin Ico Key Information
|Public Listing Liquidity||100%|
|Maximum Supply||100 billion coins|
|Token burn||50% of max supply after Pancakeswap listing|
|BSC contract address||0x76beed9649c0c297cb6de10d07efd66db38e3c47|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
Zinaricoin.com (launched on the 16th of April, 2021) is built on the Binance Smart-Chain Network. It has a maximum supply of 100 billion coins.
Zinari token prices are regulated by a demand and supply model which would be governed
independently of the founders’ input. The holders will decide the value, the exchange rate and
the issuing systems.
Zinaricoin.com aim is to build a coin where each unit is valued to gold at a rate of 1 gold gram to 1 ZINA. As the supply of gold increases, the value of ZINA against gold also increases. The Zina
standard is measured against gold, not the dollar.
Instead of continually minting, 50% of Zinari’s maximum supply will be burnt over a 5 year period by the team. This is to ensure the growth of Zina against gold and eliminates the fiat problems of multiplication of money.
There will be two types of Zinari burn; the Community burn and the Team burn. Members of our community will voluntarily donate Zinari coins that will be burnt every month (this is not compulsory but voluntary). The team burn will be carried out periodically by the team in the first five years the team will burn at least 50% of the token supply.
Liquidity in exchanges will be provided by the community, no team tokens, no airdrops. Zinari Community determines when the price goes up and when it declines.
Zinari Ico community targets majorly African and Latin American countries where cross-border
monetary transactions are very difficult.
The Zinax platform is a decentralized platform that enable travelers, importers, exporters and global firms to send money across borders. Instead of using banks and other financial institutions which have high fees and so many constrictive regulatory policies, Zinax provides the option of sending money like a local.
Zinari Loans * Staking
Zinaricoin.com will provide a p2p system for granting loans and overdrafts. Loans will be backed or granted in Zina tokens and will be granted in fiat. This will enable users perform transactions and payments without losing their Zina tokens and with ease. Liquidity for the Zina tokens will be provided from a staking pool. Users will be able to stake their fiat tokens and Zina tokens which will generate interest yields for them. The loans will be granted with user consent and escrow provided by the Zinari network. Users can either spend the loan using credit cards, zCheck overdrafts or normal usage.
Zinari would enable holders to print out cash notes for daily offline trades. Qualified Holders will use the mint function to produce an NFT Zinari token which will be printed using a 3D printer. The cash notes can then be used for offline payment as the tokens would be moved to cold storage. The cash holders can always scan the cash tokens back into his online wallet and the paperback value becomes obsolete. Users will be able to scan Zinari Cash notes to verify if it is actually valid or retracted or even counterfeit.
If the codes are not live or are retracted, they cannot be used or transferred into an online wallet. Alternatively, users will be able to use an SMS code to verify the authenticity of Zina notes to avoid fakes and outdated notes. This will increase the adoption of crypto currency in locations without smartphone penetration and tech adoption. Also, holders of the cash NFT can avoid theft by keying the tokens into the online wallet hence rendering anyone who steals it or confiscates it from destroying its value.
Zinaricoin.com would build its own blockchain which would be used to power stable coins. The chain will be built on Ethereum and would enable users build stablecoins, fundraisers and community currencies. More details on the Zinari Blockchain would be included in this whitepaper as they review it annually.