How Important Escrow Transactions Today
In today's fast-paced digital world, online transactions have become the norm. However, the lack of trust and security in these transactions has become a significant concern for many buyers and sellers. This is where escrow services come in.
Escrow is a legal arrangement where a third party holds and regulates payment of funds for two parties involved in a transaction. The funds are only released once both parties have fulfilled their obligations as outlined in the agreement. Escrow services provide a safe and secure way to conduct transactions, ensuring that both parties are protected.
Zenland is a company that provides smart escrow contracts, taking the concept of traditional escrow to the next level. By leveraging blockchain technology, Zenland offers a more secure, transparent, and efficient way to conduct transactions.
For example, let's say that John wants to buy a laptop from Mary online. He doesn't know Mary personally, and he's worried about sending money to someone he doesn't know. Mary is also worried about shipping the laptop to someone she's never met, only to find out that the payment was fraudulent.
This is where Zenland comes in. John and Mary can use Zenland's smart escrow contract to conduct their transaction. They both agree to the terms of the contract, and John sends the payment to the escrow account. Zenland verifies the payment and holds onto the funds until the laptop is shipped to John and he confirms that he's received it. Once he does, the funds are released to Mary. If there are any disputes or issues, Zenland's team of neutral third-party arbitrators can step in to help resolve them.
Not only does Zenland provide a secure and transparent way to conduct transactions, but it also offers several benefits for both buyers and sellers. Buyers can be assured that their payment is secure until they receive their item, and sellers can rest assured that they will receive payment once the item is delivered. Additionally, Zenland's smart escrow contracts offer lower fees compared to traditional escrow services, giving both parties higher profit margins.
Furthermore, Zenland's use of blockchain technology ensures that contracts are anonymous, transparent, and trustless. This means that there's no middleman involved, and contract actions are confirmed by the blockchain network, providing an extra layer of security.
Here are some of the ways Zenland can help sellers:
No need to trust the buyer: One of the biggest challenges for sellers in online transactions is the lack of trust. There's always a risk that the buyer won't pay or that they'll dispute the transaction. With Zenland's escrow contracts, sellers can feel confident that they'll receive payment as long as they fulfill their end of the agreement. The funds are held in escrow until the buyer confirms that they have received the goods or services they paid for.
More efficient transactions: Traditional payment methods, such as bank transfers or credit card payments, can take days or even weeks to clear. With Zenland, transactions can be completed in real-time once the buyer confirms receipt of the goods or services. This can help sellers to get paid faster and keep their cash flow consistent.
Lower transaction fees: Traditional payment methods often come with high transaction fees that eat into the seller's profit margins. With Zenland, the transaction fees are much lower, which means that sellers can keep more of their profits.
Pre-approved contracts for multiple orders: If a seller has multiple orders with the same buyer, they can create a pre-approved contract that specifies the terms and conditions of each transaction. This can save time and reduce the risk of misunderstandings or disputes.
Buyer protection time (BPT): Zenland's escrow contracts include a buyer protection time (BPT) period, during which the buyer can dispute the transaction if there are any issues with the goods or services they received. This protects the buyer, but it also gives the seller a clear timeframe for when they can expect to receive payment.
Neutral third-party assistance: In the rare event of a dispute, Zenland provides neutral third-party assistance to help resolve the issue. This can help to prevent costly legal battles or damaged reputations.
Details $ZENF Token Information
Zenland has released its tokenomics, detailing the distribution of its native token, $ZENF. The tokenomics include a total supply of 200 million ZENF, with 21% allocated for marketing, 18% for development, and another 18% for presale.
Additionally, 15% is dedicated to the team, with a 12-month cliff and a linear block-by-block release over 24 months. A further 10% is set aside for the community, with 1% of the total supply to be released at TGE and a linear block-by-block release over 12 months.
8% is allocated for the IDO, which is fully unlocked at the time of the IDO. 5% is reserved for early adopters, which will be used as user reward funds as per the program's needs. Finally, 5% is dedicated to the treasury, serving as reserve funds for building the Zenland DAO and unforeseen needs.
The tokenomics provide a clear picture of how ZENF will be distributed and utilized within the Zenland ecosystem. The allocation for marketing and development suggests a strong focus on promoting and improving the platform, while the allocation for the community and early adopters highlights Zenland's commitment to building a strong user base.
Investors and users alike can look forward to the gradual release of tokens through a linear block-by-block method, ensuring a fair distribution and preventing market fluctuations caused by large releases of tokens. Overall, Zenland's tokenomics are a positive sign for the future growth and success of the platform.
ZENF Token Utilities and Presale
Zenland, a blockchain-based escrow platform, is excited to announce the launch of its native token, $ZENF, in a presale event hosted on Pinksale. In this blog post, we will delve into the details of this presale and explore the potential uses of the $ZENF token.
The $ZENF token presale is currently underway on Pinksale, a popular launchpad for new token offerings. The presale will run until the hard cap of 300 BNB is reached, with a minimum investment of 0.1 BNB required to participate. The token is being offered at a price of $0.0063 BNB, and investors can earn a 3% referral bonus for inviting others to participate.
The presale event is a significant milestone for Zenland, as it provides an opportunity for early adopters and investors to acquire $ZENF tokens at a discounted rate. These tokens will be used within the Zenland ecosystem to facilitate secure and transparent transactions between buyers and sellers.
Usage of $ZENF Token:
The $ZENF token will play a crucial role in the Zenland ecosystem by serving as the primary means of payment for transaction fees and incentives. When users create an escrow contract on the Zenland platform, they will be required to pay a small fee in $ZENF tokens. This fee will be used to cover the cost of executing the smart contract and to incentivize network participants to verify the transaction.
In addition to transaction fees, $ZENF tokens will also be used to reward users who participate in the platform's governance system. Zenland will use a decentralized autonomous organization (DAO) structure to enable token holders to vote on proposals related to platform upgrades, fee structures, and other critical decisions.
The $ZENF token presale on Pinksale marks an important step forward for Zenland as it seeks to establish itself as a leading escrow platform in the blockchain ecosystem. By acquiring $ZENF tokens, investors not only gain exposure to a promising new project but also help support the growth and development of the Zenland ecosystem. With its focus on transparency, security, and user control, Zenland is poised to disrupt traditional escrow services and unlock new opportunities for online transactions.
ZENF token presale in Pinksale: https://www.pinksale.finance/launchpad/0xCf834e2a5bD809Ae23F362a45b9d3a157A623675?chain=BSC
Conclusion
Overall, Zenland's escrow contracts provide a safe and efficient way for sellers to conduct online transactions. With lower transaction fees, faster payment processing, and built-in buyer protection, Zenland can help sellers to focus on growing their business rather than worrying about payment processing and disputes.
In conclusion, Zenland offers a unique solution for online transactions, providing a safe and efficient way for sellers to conduct business while also offering the potential for investment through the $ZENF token presale. By taking advantage of these benefits, sellers can focus on growing their business and expanding their customer base without worrying about payment processing and disputes.
For more information:
Zenland website: https://zen.land/
Twitter: https://twitter.com/zenland_app
Telegram Group: https://t.me/zenlandofficial
Discrod: https://discord.com/invite/gXdd8bd6Ez
Author
BTT Username: Bernadine Frazier
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447768
Wallet Address BEP-20: 0x81559519bA7F2EA3c8f63B5CB44E4928759617B8