Unsecured seed round
Initial Whitepaper, Business Plan, Financials, Legal.
Zenoshi is using blockchain technology to disrupt the loyalty rewards industry with easy to use applications, extremely low costs to merchants and immediate value for consumers.
The Platform leverages both the existing hardened distributed database technology with blockchain characteristics using the Ethereum ERC-20 Token Standard that offers decentralized control, immutability and creation and movement of digital assets.
In 2019, we are taking Zenoshi into phase two of our development stage. This year, we plan to focus heavily on development of the mobile application as well as outreach and marketing for the Zenoshi platform.
In order to facilitate the wide scale use by millions of participants, the Zenoshi rewards platform is based on the principles of a permissioned blockchain. The platform leverages both existing database technology and blockchain characteristics using the Ethereum ERC-20 Token Standard.
Zenoshi tokens can be earned, redeemed, or gifted. The tokens represent a reward through various actions, like scanning receipts, redeeming air miles, or referring others while using our system.
By natively integrating Zenoshi and the Zenoshi Wallet inside the Reward App, Zenoshi has the capability to become the most adopted and frequently used reward system used worldwide. For consumers, the value created can never expire or be taken away as each token will be a part of the decentralized blockchain.
The Zenoshi Token is not being designed as a cryptocurrency, instead it will be identified as a tokenized reward program with the rewards being registered on the blockchain. We are taking every step to ensure Zenoshi will be fully compliant with all regulations every step of the way to hopefully provide our investors with some piece of mind.
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