ZOUK COIN (ZUK) Review - Can It Take Falcon Coin On?

katmassive (25)in #zoukcoin • 6 years ago

https://www.westindiescrypto.com/r/zouk

Summary:
Ticker: ZUK
Max: 46M
ICO: 9M
ERC-20

Pros:
Faucet free coins
Each day, users can come to the Zouk Website to spin for

extra tickets and token prizes. The Zouk Faucet is

available for users who have at least one active loan.

Users get 1 free spin per day and have the option to gain

more spins by completing certain tasks. Users also have

the chance to win more spins through the Zouk Faucet.

=Mentionables=

Premium Profit

Premium Profit is a financial tool for the community

provided by Zouk. It is a weekly/biweekly or monthly

event where a randomly selected lenders earn a Premium

Profit.

Zouk adds the ethereum addresses of lenders to the smart

contract. Randomly selected address added within the

Premium Profit period will receive ZUK. The initial

amount for Premium Profit will be equal to 0.1% of the

aggregated loans received within this period.

Premium Profit logic will be handled by ethereum smart

contracts. This smart contract will be open sourced, to

prove the randomness of winner selection. Bitcoin block

hash will be used as the source of randomness. The more

a user has lended, more spots in the smart contract will be

occupied by that user, giving them a bigger chance of

Technical Overview: Zouk - Smart Lending Platform
Page 5 of 7

Fig. 3.1 – Premium Profit Workflow

getting the Premium Profit.

The Zouk platform will define the bitcoin block number

which will be mined in the future. A hash of this block

will be that random seed to select the Jackpot winner. An

oracle will be used to link the 2 blockchains of ethereum

and bitcoin.

The last few characters of that bitcoin block hash will be

taken and converted to decimal format. Based on this

number the winner will be selected and the Premium

Profit will be sent to that address.

ZOUK COIN (ZUK) Review - Can It Take Falcon Coin On?
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Portfolio:
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My Platforms:
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===
Disclaimer:

*** There is always a risk with any investment. Only invest what you can afford to lose.

Do your research. Assess your risk. Stay Informed.

I am not a financial advisor, this is for entertainment and informational purposes only.

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6 years ago in #zoukcoin by katmassive (25)

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steemitboard (66) 5 years ago

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ZOUK COIN (ZUK) Review - Can It Take Falcon Coin On?

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