What Is Zeon (ZEON)?

Zeon Network (ZEON) is a decentralized platform for secure purchases in the crypto-economy, insurance, and finance services. Zeon offers safe participation for users in dApps and other projects. The platform also aims to allow investors and traders to implement their business strategies, protect them from risks, and multiply capital. Ultimately, Zeon aspires to create a global financial system that benefits the entire community.

As per the whitepaper, founders and developers of the initial coin offering (ICO) raise funds, but they tend to think about product implementation as a low priority. After the collection of purchases, users are left unattended, no one appears to have answers to their questions, and they often are left with unfulfilled promises. This leads to a loss of capital, a devaluation of purchased coins, and user disappointment in the crypto industry. Zeon aspires to solve high-risk ICO primary coin market problems, expensive cryptocurrency transactions, weak liquidity, and theft of user capital. Zeon aims to carry out a mass cryptocurrency adaptation for regular users, giving them complete anonymity as participants.

One feature of Zeon is the Zeon wallet, a secure wallet that allows making deposits and exchanging cryptocurrency. The wallet also allows purchasing crypto/ICO projects, insurance, financial services, and trade on centralized and decentralized exchanges (DEX). In addition, the Zeon wallet is able to record transaction numbers and details of the users.

The ZEON token enables fast and anonymous payment transactions. It is built on Ethereum and utilizes:

• Oracle system - This is a system that connects blockchain to external systems, and enables smart contracts to run based on inputs and outputs.

• Proof of stake 3.0 - PoS 3.0 provides incremental security improvements.

• Anonymous master nodes - A master node is a governing hub in cryptocurrency networks.

Rewards are paid to users for hosting on the Zeon network, holding the token and securing the network (staking), and working to improve and promote ZEON.

History of Zeon (ZEON) 

Zeon was founded in 2017. The whitepaper and the website were launched in the first and second quarters of 2018. The Zeon wallet was launched in the third and fourth quarters of 2018.