Unizen

Unizen is a hybrid model of the CeFi and DeFi exchanges, collectively called CeDeFi solutions, that combine the functionality of first-party and third-party centralized exchanges (CEXs) and DEXs. It aims to meet the requirements of both institutional and retail traders. The platform aims to provide the users with cost-efficient trades across several exchange modules. Through this, the platform ensures suitable offers, a secure environment, and reliable performances for high-volume trading.

As stated on its official website, retail traders spend many hours determining the current market conditions, making it time-consuming for them. Moreover, low liquidity, lack of security, and accessibility of existing exchanges prevent institutional traders from entering the crypto market. Therefore, the team behind Unizen aims to provide every digital asset on one platform. The Unizen platform follows an institution-oriented model, whereby banks, organizations, and government can sell and purchase digital assets. The platform also relies on completely reliable listings and infrastructure.

ZCX is an exchange-based utility token of the Unizen platform. The token is created on the Ethereumblockchain as an ERC-20 token. The ZCX holders are empowered to Exchange Governance for making important decisions about the Unizen Exchange.  ZCX token holders can also stake their tokens and earn several other tokens. The token is aimed to be burnt with every paid listing. Coin burning refers to the act of transferring a token to an unusable wallet address. This is done to remove the tokens from circulation forever.

According to its litepaper, the total supply of ZCX is one billion. Sean Noga is the CEO, Tom Sweeney is the COO, and Brandon Dallman is the CMO.