In today's digital age, online transactions have become the norm, and with that comes a heightened risk of fraud and scams. When it comes to buying and selling goods and services online, trust is crucial. Unfortunately, there are many instances where buyers and sellers have been left high and dry after a transaction, leaving them with little to no recourse.
This is where Zenland Escrow comes in. Zenland has created a smart contract escrow platform that allows buyers and sellers to conduct transactions with complete trust and transparency. The Zenland Escrow smart contract is a secure, decentralized, and trustless way to ensure that both parties are protected in any transaction.
What is Zenland Escrow Smart Contract?
Zenland Escrow Smart Contract is a secure and transparent way to handle online transactions. It uses blockchain technology to ensure that both the buyer and the seller fulfill their obligations before the transaction is complete. The funds for the transaction are held in a digital escrow until both parties agree that the transaction has been completed successfully.
How does Zenland Escrow Smart Contract work?
Let's say you want to buy a rare vinyl record from a seller you found online. Instead of blindly trusting that the seller will send you the record once you've paid, you can use Zenland Escrow Smart Contract to ensure that the transaction is completed successfully. Here's how it works:
Both parties agree to the terms of the transaction. This includes the price of the record, any shipping costs, and the length of time that the funds will be held in escrow.
The buyer deposits the funds into the digital escrow, which is held on the blockchain.
The seller ships the record to the buyer.
Once the buyer receives the record and confirms that it is as described, they release the funds from escrow to the seller.
If the buyer is not satisfied with the record, they can dispute the transaction within the agreed-upon timeframe. The funds will remain in escrow until the dispute is resolved.
Why use Zenland Escrow Smart Contract?
Security: With Zenland Escrow Smart Contract, you don't have to worry about fraud or scams. The funds are held in a secure escrow until both parties agree that the transaction has been completed successfully.
Transparency: All parties involved in the transaction can see the details of the contract on the blockchain. This makes the process transparent and trustworthy.
Efficiency: Using Zenland Escrow Smart Contract can speed up the transaction process. There's no need for a middleman or a bank to facilitate the transaction.
Flexibility: Zenland Escrow Smart Contract can be used for a wide range of transactions, from buying and selling goods to renting property or even crowdfunding.
Cost-effective: Since there's no need for a middleman, using Zenland Escrow Smart Contract can be more cost-effective than traditional methods of handling transactions.
How does Zenland Escrow Work?
The Zenland Escrow smart contract works by creating a secure, encrypted container that is stored on the blockchain. This container can only be accessed by the two parties involved in the transaction, with no middleman or central authority involved. The container holds the payment for the transaction until the terms of the sale are completed, ensuring that both parties are protected.
When a buyer and seller agree to use Zenland Escrow for their transaction, they create a new escrow contract on the Zenland platform. The buyer sends the payment to the contract, and the seller sends the goods or services to the buyer. Once the buyer receives the goods or services and confirms that they are as described, the payment is released to the seller.
If the buyer does not receive the goods or services as described, they can open a dispute on the Zenland platform. The dispute is resolved by a third-party mediator, who reviews the evidence and makes a decision on the dispute. This ensures that both parties are protected and can have confidence in the transaction.
How to Make a Connection Using Metamask
One of the most popular ways to use Zenland Escrow is through the use of Metamask, a digital wallet that allows users to interact with the Ethereum blockchain. Here's an example case of how to make a connection using Metamask:
**First, you'll need to install the Metamask browser extension and create an account.
**Once you have your Metamask account set up, navigate to the Zenland Escrow platform and select "Connect Wallet" in the top right corner.
**You'll be prompted to connect your wallet to the platform. Click "Connect" and select Metamask from the list of wallet options.
**Follow the prompts to sign in to your Metamask account and grant permission for Zenland to access your wallet.
**Once your wallet is connected, you can create a new escrow contract on the Zenland platform. Simply enter the details of the transaction, including the amount and the goods or services being sold.
**When you're ready to complete the transaction, send the payment to the escrow contract using your Metamask wallet.
**The seller will then send the goods or services to you. Once you receive them and confirm that they are as described, release the payment from the escrow contract to the seller.
ZENF Tokenomics
$ZENF is the native token of the Zenland platform, a smart contract-based escrow service that aims to revolutionize the way we conduct online transactions. The token is built on the Ethereum blockchain, which means it benefits from all the security and transparency features that the blockchain technology provides.
The $ZENF token will serve as the primary means of payment on the Zenland platform. Users can use it to pay for transaction fees, create and deploy smart contracts, and transfer value between different parties. $ZENF will also serve as a reward for users who participate in the platform's governance and contribute to its development.
The total supply of $ZENF tokens is fixed at 100 million. Out of this, 60% will be reserved for the presale and public sale, 10% for the team, 10% for the community and ecosystem, 10% for strategic partnerships and advisors, and 10% for liquidity provision and future development.
The presale price of $ZENF is set at 0.000025 ETH per token. During the presale, a total of 24 million tokens will be available for purchase on Pinksale, with a hard cap of 600 ETH. The presale will run for 48 hours, and early investors will receive a bonus of up to 30% depending on the amount invested.
$ZENF Token Usage
As mentioned earlier, $ZENF will serve as the primary means of payment on the Zenland platform. Here are some of the use cases of $ZENF:
Transaction fees: Users can pay for transaction fees on the Zenland platform using $ZENF tokens. This will ensure faster and cheaper transactions compared to traditional payment methods.
Smart contract creation and deployment: To create and deploy a smart contract on the Zenland platform, users will have to pay a fee in $ZENF tokens.
Rewards and incentives: Users who participate in the platform's governance and contribute to its development will receive $ZENF tokens as a reward.
Value transfer: $ZENF tokens can be used to transfer value between different parties on the Zenland platform.
Staking and liquidity provision: Users can stake their $ZENF tokens to participate in the platform's governance and receive rewards. $ZENF tokens can also be used for liquidity provision on decentralized exchanges (DEXs) and automated market makers (AMMs).
$ZENF Presale on Pinksale
Check out $ZENF Presale on Pinksale: https://www.pinksale.finance/launchpad/0xCf834e2a5bD809Ae23F362a45b9d3a157A623675?chain=BSC
Investing in the ZENF token presale on Pinksale can offer a variety of benefits to investors. With a total supply of 4,650,000 ZENF tokens available for presale, investors have the opportunity to secure a share of this limited supply before it hits the open market.
During the presale, the token rate will be 1 BNB for 15,500 ZENF tokens. This presents an attractive rate for investors who believe in the potential of the ZENF token and want to acquire it at an early stage.
It is important to note that the presale will have a soft cap of 100 BNB and a hard cap of 300 BNB. This means that the presale will only proceed if at least 100 BNB is raised, and it will close once the hard cap of 300 BNB is reached.
In the event that the soft cap is not met, all funds will be returned to investors, and the presale will not proceed. This ensures that investors are protected, and funds are not locked in a project that is not viable. Additionally, unsold tokens will be refunded, ensuring that investors only pay for the tokens they receive, and the project does not hold unnecessary excess tokens.
One unique aspect of the ZENF presale is the affiliate program. Investors can earn rewards by referring others to participate in the presale. The reward percentage is set at 3%, which means that for every BNB invested by a referred investor, the referrer will receive 0.03 BNB as a reward.
There is currently no limit to the number of rewards an investor can earn through the affiliate program. The maximum reward an investor can earn is 9 BNB assuming the hard cap is reached, but this does not limit the total amount of rewards that can be earned by an investor. Investing in the ZENF token presale on Pinksale can also present an opportunity for investors to get involved with a project that has the potential for growth and success.
The ZENF token is unique in that it is designed to be used specifically within the Zenland Escrow platform. This platform provides a secure and decentralized solution for online transactions, offering peace of mind to buyers and sellers alike. By investing in the ZENF token, investors are not only supporting the development of this innovative platform, but they are also positioning themselves to benefit from its potential growth and success.
Summary
Zenland Escrow Smart Contract provides a secure, transparent, and efficient way to handle online transactions. It eliminates the need for a middleman, reduces the risk of fraud, and provides flexibility for a wide range of transactions. Whether you're buying or selling online, using Zenland Escrow Smart Contract can give you peace of mind and help ensure that your transaction goes smoothly.
With low fees, customizable contracts, and a user-friendly interface, Zenland is quickly becoming a go-to platform for anyone looking to buy or sell goods and services in a safe and secure manner.
For more information, visit at:
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: Inez Dwight
Profile Link: https://bitcointalk.org/index.php?action=profile;u=3447736
BEP-20 Wallet Address: 0x9ccF5E17b390A96e3131366C05De6ADAdFc77CEb