ZENODYS: The World's Largest Decentralized Database of Digital Assets

in #blockchain6 years ago

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As a part of my practicals, I was required to submit a presentation on any current topic of my choice. I was excited to present myself in the most creative way and went through a topic way beyond my scope. A horrendous amount of research, compiling of matter over a span of two weeks had me exhausted. It was further required to supplement it with pictures, video and plausible data wherever necessary. I was already regretting my decision. As for every single piece of information, I had to visit a particular site or portal ask for their permission to share the data and in some cases lapsed without asking as well. At the end of the day, it was all about haphazard searches, fear of copyright infringements and the final presentation quite lopsided due to no standardized format used. It was disheartening to see my hard work melt into nothing. At that time, I realized that we tend to store our data, files and other media in fragments and no common platform is available where such data can be bought and sold. There has to be an instant access to the digital assets. The Zenodys platform makes the world of digital assets just a drag and drop away.

Zenodys is a decentralized visual development framework and marketplace, powered by blockchain technology, allowing anyone to build and sell high-quality digital assets. On Zenodys anyone can build and trade any kind of digital assets like data, algorithms, apps/dApp, code, AR/VR, digital twins and much more.

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The greatest lure of the platform lies in the simplicity of operations, incentivization of the world's largest database of digital assets and real-time access to actionable intelligence and solutions.

The marketplace is powered by award-winning Zenodys visual platform that has been tested and used in some highly challenging cases. The interface of the platform being seamless and simplistic provides for members with no programming or coding skill to freely organize and combined, and earn from the same as well.

The platform takes a percentage from every transaction, advertisements on the marketplace help in further revenues and it works on Node infrastructure.

It is built on blockchain as it acts as a value-adding chain to provide automated monetization.

How does it work?

It monetizes all kinds of digital assets including data, content, professional assets, UI/design and applications to be monetized in three easy steps:

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  1. The users can upload their assets with a single click and the pre made virtual scripts easily sort and organize the documents.
  2. The next step involves applying for a tailor-made license. The blockchain enables everything to get standardized and securely stored.
  3. All these assets are available on the marketplace for anyone to access them in unlimited combinations with a simple drag and drop mechanism. Each time your asset is used you can earn.

Benefits

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  • Instant assets exchange program
  • The assets are organized and standardized and can be instantly used with any application by dragging and dropping.
  • Usage possibilities for even non developers who own digital assets.
  • Companies can reduce these assets to reduce their costs substantially and build business solutions
  • User-friendly interface
  • Anyone can participate in the crowd-sourced marketplace and get their assets monetized.
  • It matches demand to supply of digital assets with ease and automation.
  • A robust, secure and anonymous framework to store assets.
  • Buyers and sellers are matched automatically using artificial intelligence matching algorithm.

CoinZZ token and ICO details:

The ZZ token will be an ERC20 based utility token on the platform. It will be used for uploads to the distributed network, purchase or usage of digit assets, advertising, rewards for activity and behaviour and other services such as reviews and assurances.

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A total supply of 5,000,000,000 ZZ will be issued out of which 62‰ will be up for sale as planned in August 2018 for a period of 30 days. The presale will start on 1st July.

The price per token is fixed at 0.0q USD. The sale cap is fixed at 31,000,000 USD while the total cap is equal to 50,000,000 USD.

Concluding Verdict:

The platform boasts of AI and its own unique interface combined with the power of blockchain technology to unfold a new realm of digital asset marketplace. The monetization of digital assets and simple use with just a few clicks is sure to please the masses who are unaware of coding or developer skills. And what is better than to earn a few bucks on your assets.

From an investors point of view, the coin will be validated by a third party audit. There will be proper KYC and anti-money laundering checks to prevent frauds. It already has an impressive track record with selection (46,000 votes) at ICO box. The initial monetization will be available after ICO along with a dedicated 2% bounty program.

For more details visit:

Website: https://zz.zenodys.com/

Whitepaper: https://zz.zenodys.com/zenodys-whitepaper.pdf

BLOG BY: Lanirm Knayam

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