Official ICO Sold Out in Minutes, Reserve available on OpenLedger Only.
ZenGold (ZGC) launched its ICO campaign friday May 26 at 3 pm (GMT) and sold out within 30 minutes. A recent partnership with Chinese Viewfin and its public blokchain sees its first result now making it possible at 12.00 noon CET May 27th 2017, to offer an additional reserved number of tokens on OpenLedger Decentralized Exchange (DEX) for fortunate investors worldwide.
Developed on the Metaverse Blockchain, ZenGold creates crypto assets that are backed by physical gold enabling investors to instantly buy and transfer gold, in any quantity, anywhere in the world. The total number of 63,000,000 ZGC tokens (representing the right for its holders to receive a share from the generated profit of the ZenGold network) will be distributed within the campaign.
And estimated amount of 9.3 million tokens is made available on OpenLedger and will be offered on selected markets in the form of the asset ZENGOLD. A new crypto gateway OPEN.ZGC will be made available on the day of distribution and all ZENGOLD native tokens on OpenLedger will be offered to be converted to the OPEN.ZGC 1:1 which you could then withdraw to your official ZenGold wallet as you would with any other crypto.
The gold-backed tokens (ZNGs) will enable its holders to use gold as an effective payment mechanism and credit system while benefiting from the transactional functionalities of Blockchain technology. They will be minted into existence only by the purchase of actual gold. 1 ZNG token represents the ownership of 1 gram of the physical gold, securely stored in the Shanghai Gold Exchange.
BTC, ETH, The Metaverse cryptocurrency ETP, the BitShares BTS, and the BitShares StableCoins BitCNY and BitUSD, will be the crypto accepted on Openledger during the ICO campaign which will last for another 14 days, with the closing date set for Friday, June 9, 2017 3:00 PM (GMT+8).
The ZENGOLD markets are as follows:
Bitcoin (BTC): https://openledger.io/market/OPEN.BTC_ZENGOLD
Entropy (ETP): https://openledger.io/market/OPEN.ETP_ZENGOLD
BitShares (BTS) https://openledger.io/market/BTS_ZENGOLD
SmartCoin bitUSD: https://openledger.io/market/USD_ZENGOLD
SmartCoin bitCNY: https://openledger.io/market/CNY_ZENGOLD
Ronny Boesing, CEO of OpenLedger, stated, “By coupling the newest and most innovative medium of exchange with the oldest form of transactional value, ZenGold combines history with technology, creating a new reality. Zengold tokens will enable its holders to use gold as an effective payment mechanism and credit system while benefiting from the transactional functionalities of Blockchain technology.”
Eric Gu, CEO of Viewfin, stated, “The investors throughout the history saw gold as a safe-haven asset during turbulent financial periods. At the same time, the possibilities behind Blockchain technology and cryptocurrencies have never been more promising. ZenGold acknowledges both trends and aims at providing the best of both worlds to the investors around the world. By coupling the newest and innovative medium of exchange with the oldest form of value, ZenGold plans to combine history with the technology and re-shape the financial industry.”
While attracting a lot of interest from cryptocurrency investors during the ICO round in China, ZenGold managed to raise 2,000 BTC within 30 minutes after the ICO opening date on 26th of June. The funds were contributed by the investors through 3 different platforms. The successful completion of the campaign proves that ZenGold has taken the further step towards achieving its goals.
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