One of the most important features of Zenland's smart contract escrow platform is its decentralized nature. This means that there is no central authority controlling the escrow process, and both parties have complete control over the funds throughout the transaction. This significantly reduces the risk of fraud and ensures that both parties are protected.
Another advantage of Zenland smart contract escrow platform is its low fees. Traditional escrow services charge high fees, which can eat into the profits of buyers and sellers. With Zenland's platform, fees are much lower, making it a more cost-effective solution for peer-to-peer transactions.
To use Zenland's escrow smart contract platform, users simply need to connect their wallets to the platform using a supported wallet such as Metamask. Once connected, users can create and customize their escrow contract, set the terms of the transaction, and transfer the funds into the escrow account. The funds are then held in the escrow account until the terms of the contract are fulfilled, at which point they are released to the appropriate party.
For example, let's say that John wants to purchase a rare collectible from Jane, and they agree to use Zenland's escrow smart contract platform to complete the transaction. John creates the escrow contract and sets the terms, which include the price of the collectible, the condition it should be in, and the timeline for delivery.
Both parties transfer their funds into the escrow account, and the funds are held until the collectible is delivered to John and he verifies that it is in the agreed-upon condition. Once John confirms that the collectible is satisfactory, the funds are released to Jane, completing the transaction.
Why Reason You Choose Zenland Escrow Smart Contract?
No middleman involved: Zenland contracts allow for direct transactions between buyer and seller, eliminating the need for costly intermediaries.
Anonymous contracts: Pervasive KYC policies on regular P2P platforms can be a pain, but with Zenland, you can create an escrow contract with only a cryptocurrency wallet address.
Transparent and trustless contracts: With Zenland, you can complete transactions without trusting the other party or the escrow service. All contract transactions are carried out on the blockchain, timestamped, and automatically reflected in the contract chat.
Simple contract navigation and real-time transactions: Zenland's user interface is clean and easy to navigate, with real-time synchronization between the interface and blockchain network.
Fewer fees and higher profit margins: Say goodbye to hefty service commissions on marketplaces like Fiverr and Upwork. Zenland's service fee is only 1.75% - 0.1% of the contract value, allowing for higher profit margins for sellers and freelancers.
Pre-approved contract for multiple orders: Zenland's pre-approved contract is a hassle-free way to sell specific products or services with a pre-approved set of escrow terms.
The service fee can be split: Buyers and sellers can split the service fee between them, allowing for more flexibility in contract negotiations.
Buyer protection time (BPT) protects sellers: Despite its name, BPT is meant to protect sellers as well. If the buyer neither opens a dispute nor releases money from the contract by the end of the BPT, the seller can release the payment on their own.
Neutral third-party assistance per request: In the rare event of a dispute, a seller can request neutral third-party assistance from an Agent to review the case and release the payment from the smart contract.
But, What Is The Utility Of The $ZENF Token In This Project?
First and foremost, the ZENF token is used to pay for the transaction fees on the Zenland escrow platform. This includes the gas fees on the Ethereum network and transaction fees on the Binance Smart Chain. By using the ZENF token to pay for transaction fees, users can enjoy discounts and other benefits on the platform.
Secondly, the ZENF token can be used to access premium features on the Zenland platform. This includes features such as dispute resolution, which allows users to resolve disputes through a third-party mediator in case of a disagreement. By using the ZENF token to access these premium features, users can enjoy a higher level of security and trust on the platform.
Finally, the ZENF token is also used for staking and governance on the Zenland platform. Users can stake their ZENF tokens to earn rewards, and they can also participate in governance decisions by voting on proposals and changes to the platform.
Now, let's talk about the ZENF token presale. The presale consisted of three rounds, each with a different price and bonus structure. The first round offered the highest bonus, while the third round offered the lowest bonus. The presale was a success, with all rounds being fully subscribed.
So, what's next for the ZENF token In Roadmap
The token will be listed on both Uniswap and Pancakeswap, and more DEX and CEX listings are planned for Q4 (TBA). The team is also working on the escrow marketplace release, which is scheduled for Q2. With these developments, the ZENF token is poised to become an integral part of the Zenland ecosystem.
🚀 Join in $ZENF Presale in Pinksale: https://www.pinksale.finance/launchpad/0xCf834e2a5bD809Ae23F362a45b9d3a157A623675?chain=BSC
Conclusion
In conclusion, Zenland Escrow Contracts offer numerous benefits to sellers, including lower fees, higher profit margins, and secure, transparent transactions. With Zenland, you can say goodbye to the hassle and frustration of traditional online marketplaces and payment systems, and enjoy a safer, more efficient way to conduct business online.
With the success of the presale and upcoming listings, the ZENF token is set to become a valuable asset in the world of cryptocurrency. If you're interested in investing in the ZENF token, be sure to check out their official token page for more information.
Zenland Website: https://zen.land/
Official Token Presale Round I: https://token.zen.land/
Telegram: https://t.me/zenlandofficial
Escrow App: https://app.zen.land/
Discrod: https://discord.gg/gXdd8bd6Ez
Twitter: https://twitter.com/zenland_app
Author
Username: Mali Sekalas
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3429366
BEP-20 Wallet Address: 0xe86F6B32a2fed00F027D966FF70f14F0104A08A0