Tokenomics

Zenland Fee (ZENF) tokens are ERC-20 utility tokens used to pay for all the services provided by Zenland or earned as a reward for participation in the official Zenland community programs.

Ticker

ZENF

Type

ERC-20

Total amount

200 000 000 $ZENF

Token contract

How to get ZENF tokens

Participate in airdrop campaigns to earn ZENF;
Participate in bounty campaigns and beta tests;
Use our escrow smart contracts and become an early adopter;
Buy ZENF at TGE (Presale Round I will be announced soon)
Follow us on social media to get updates;

How ZENF is used

At the time of ZENF token mint the following use cases have been established: ― Service fees Depositing ZENF to their internal wallets on Zenland to pay the service fees for escrow and marketplace contracts, users will get a 50% bonus to their balances. ― Bounty and airdrop rewards Community members participating in the official campaigns will be rewarded with ZENF. Prize pools for each campaign may vary. ― Platform improvement ZENF will be used for beta tests, hackathons, and similar campaigns to ensure community contributions and improvement. ― Priority access to governance token generation events (TGE) Once the Zenland DAO token is minted, the snapshot of ZENF holders at that time will be taken and these users will be first to participate in private TGE. ZENF utility will expand as the Zenland escrow ecosystem and its community grows.

Allocation and vesting schedule

ZENF utility token IDO is planned for June 2023. It will be available on Uniswap (other DEX/CEX TBD) with a tentative price of $0.05 for 1 ZENF. News and key details of the presale rounds preceding IDO will be available through the official media channels.