The ZoukCoin ICO has launched this morning and their first tranche of 25c per coin was sold out in minutes! I missed it! I did manage to catch the 35cent round though.
Zouk is a Lending platform much like BitConnect, they use volatility software to make gains and share some out to their lenders on a daily basis just like BitConnect.
Though I have been familiar enough with BitConnect I never had a position in it. The reason I have participated in the ZoukCoin ICO is to get the ZUK tokens at a low price. You see, while the lending products may be great, with better returns than the back at the very least, I really liked how fast BCC (the BitConnect coin) grew in value. So the ZoukCoin ICO is a chance to get in on a similar project from the start. The ZUK token will be used on the lending platform, very much like BCC was used on the BitConnect's lending platform. I'm hopping to see a similar growth as the lending services grow in number of users.
From the Data on CoinMarketCap, the BCC coin was around 16c at the start of 2017 and grew exponentially to hitting highs of over $400 at the start of 2018. It currently sits at $291.12 at the writing of this post. I'm betting on ZUK having the same success.
I also like that they are ready to launch. The lending platform is ready and will launch right after the ICO is done! If you'd like to sign up go to their website, it's very simple. Set up your account, add BTC, buy some ZUK!
They have two documents you can read through to learn more about them:
The business Paper: https://zoukcoin.com/assets/pdf/zouk-business-paper.pdf
The Technical Paper: https://zoukcoin.com/assets/pdf/zouk-tech-overview.pdf
NOTE1: All the links to the ZoukCoin Site above are my referral link, to go there without using my referral link use https://zoukcoin.com/
NOTE2: This is not financial advice, kindly do your own research, invest at your own risk.
NOTE3: All images above are screenshots taken from the ZoukCoin Documents, their website and the CoinMarketCap.com
Thanks for reading,
See you on the next post!
-pinkdust