Business Showcase : Zynecoin

Describe the company – the elevator pitch …

Zynecoin is a cryptocurrency and blockchain system designed to support startups throughout Africa. But it’s also a great human adventure, the result of a team of people from different backgrounds

Zynecoin (ERC-20: ZYN) is a blockchain system created with the aim of supporting and rewarding talented innovators and entrepreneurs throughout Africa

How are you different?

The inclusion we tremendously believe Africa needs with blockchain is real-world inclusion adaptable to the current situation in Africa, enabling it to develop accordingly and at the right pace to the tech inclusion of the continent.

Many Africans are seeking a better professional life outside of the continent and I don’t blame them, however, with blockchain based technology our belief is that we can hold them and build a better future here.

By that, we enable the possibility of sending money across the continent in the fastest, easiest, and cheapest means possible – not to mention the rampant economic inflation many countries in Africa are unfortunately facing. By participating in the Zynecoin and the transaction volume; people are immediately working towards the development of the African continent in a decentralised sense.

You can read more in detail about the mining commissions part found in the whitepaper. And offering real-world use case dApps that will benefit Africans with everyday necessities whilst benefiting from discounts offered on this blockchain is a big step forward for our continent. This will enable the continent to be way more connected and prone to technological advances for the continent as a whole.

If this new technology has to be imposed in terms of priority to benefit from then it has to primarily be induced towards Africa due to the immensely conceivable opportunities it offers the continent. Africa has been seen as the “forgotten continent” in the tech scene for many years and our vision is that it will hopefully come to an end with the Zynecoin.

Why will you do well?

The blockchain solution for the Zynecoin is going after a real-world inclusion for Africa with a goal of providing an underlying economic infrastructure for nation states that is beneficial in every possible sense. The dApp ecosystem and incubator is here to insure this technological inclusion is being used and empowered by the African society and continent.

The blockchain solution for the Zynecoin is going after a real-world inclusion for Africa with a goal of providing an underlying economic infrastructure for nation states that is beneficial in every possible sense. The dApp ecosystem and incubator is here to insure this technological inclusion is being used and empowered by the African society and continent.

Following on from that goal, you describe commissions as being divided with 50% going to miners, 25% to state treasury funds and 25% for non-profit development aid.

Is this just in terms of transaction fees, or for the block rewards also?

It is only for transaction fees, in our economic model we preferred compensating the miner for the effort they’ve put in mining the specific block and by collaborating, the commision is then calculated from what the users pay from their own wallets to miners so that in a sense their transaction would be accepted swiftly.

Where are you based?

We have our offices in Marrakech Morocco in Gueliz

When was the company launched?

The company launched in April 2018

What have been your biggest wins to date?

We have started the ICO on the 25th of January and before that we have done a pre sale with more than 300 holders and 4 Millions of tokens sold.

Who are you trying to attract to your product?

The audience towards the Zynecoin is very global so everyone is welcome because we want to be the reference in the African continent to evaluate a global approach.

What tips would you give to others looking to build their business?

Believe in your dreams and your projects.

Do not let anyone tell you that it is impossible to reach them, work hard, and know how to surround yourself with people who have the same vision and the same energy.

Have a very strong “why” so you never give up in difficult times. Be strong and united in your team because many haters will do everything to try to make you fall.

Only we go faster, together we go further

Tell us about your team?

We have active and dynamic members, our expert board committee is focused on the sole purpose of expanding African possibilities using the available technology.

Our specialized advisors are focused in African markets, enabling the approach of a better understanding of African market inclusion.

What are your plans for the future?

The major plan for the future of the Zynecoin is building the WETHIO blockchain and successfully putting it to work.

It is planned for it to be available towards Q4 of 2019 or Q1 of 2020. The tokens will be swapped 1:1 with the blockchain coins and holders will not miss anything.

What are your favourite tech gadgets?

Hayat Apps : An Innovative and Revolutionary e-Health Platform

Hayat Santé® is a versatile, real-time tracking app designed to decentralize healthcare provision, improve the way patients and healthcare professionals connect with each other, and ultimately save lives.

Hayat is an indispensable intermediary that efficiently tracks and coordinates :

Patients
Doctors
Ambulances
Hospital facilities
Pharmacies
Laboratories

What tech gadgets do you wish you could use to help you?

We would definitely enjoy integrating a hardware that detects any kind of sickness, whether it be a cold or a bruise on Hayat ?

Anything else you’d like to add/we should have asked?

The algorithm proposed in the blockchain enables computers to work for society in a humane, financial, and beneficial sense.

Our vision is to enable a win situation for governments, society, and miners.  We’ve been solicited by politicians on many levels and expect to have partnerships with head of states before the ICO ends.

How do people get in touch with you?

People can contact us in several ways: The zynecoin.io website, Linkedin, Twitter, Facebook, Instagram or in our offices in Marrakech Gueliz

If you would like to have your company featured in the Irish Tech News Business Showcase, get in contact with us at Simon@IrishTechNews.ie or on Twitter: @SimonCocking