ZNAQ: First Crypto Index Traded as a Token
The crypto index traded as a token, that gives possibility to invest in the entire cryptocurrency market with only one token
Integrations and frontend
- Crowdsale (60%)
- Team (15%)
- Company (10%)
- Marketing (10%)
- Bounty (5%)
- ZNAQ Analytics (21%)
- ZNAQ Cryptex (19%)
- Development of new Indices (9%)
- Legal (6%)
- Marketing (11%)
- ZNAQ Exchange & UTS (20%)
- Office expenses (8%)
- Operational costs (6%)
Cost of the token1 token for 2.84 $
Price without discounts
PERIODS - % DISCOUNT
I PERIOD - 50%
II PERIOD - 45%
III PERIOD - 40%
IV PERIOD - 35%
PERIODS - % DISCOUNT
I PERIOD - 30%
II PERIOD - 25%
III PERIOD - 20%
IV PERIOD - 15%
- Bitcoin Cash
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Estimate the project on a five-point scale or switch to the simple scale
Estimate the project on a simple scale or switch to the five-point scale
Relevance of the problem and Market size
Founders, Team & Advisors
Budget allocation and roadmap
Token economy, Tokenization & Business model
Distribution & Lock up of tokens, Discounts for early buyers
Summary rate the project
Rate the project by other users3
Potential market size is big and it is predicted to grow. ZNAQ Analytics will be offered to token holders, which will help to make right investment decisions. Bonus depending on the amount of purchased tokens will be offered, I think it will help to attract more investments.
Risks and disadvantages
Tokens, which belong to the team are not subject to blocking or vesting schedule and it means there is possibility for the team to influence the market.
It's an interesting project. It offers an opportunity to invest in the whole cryptomarket with one token. The project has partners in the field of trading.
There are different documents, where people can get information about the project : Whitepaper, Rulebook, One Pager and Presentation. A huge advantage is the availability of the working product. Team consists of experienced members and there are also skillful advisors, who are assisting in project development. There are also various discounts for early, which is also motivation for people.
Risks and disadvantages
15 % of all tokens from the pool are reserved for the team. That is a lot, as token rate can be easily manipulated when it enters the market.
Overall, the idea is great and the team has a strict plan in terms of platform development. The following ICO can considered for investing.
Token holders will be able to diversify their investments and to reduce risks. The project has partners. Budget allocation is reasonable.
Risks and disadvantages
There is no limit for the quantitative emission of ZNAQ tokens, it will only be restricted by period of time. And if all ico-participants will be able to buy as many tokens as they wish, there will not be a significant demand for ZNAQ token when it enters the market.
Additional emission of tokens is planned, I think it may reduce the demand for tokens. Though the team believes it will not influence token's value, which will always be equal to the ZNAQ index. If this plan comes true, then ZNAQ token will rise in value as long as cryptocurrency market is growing.
What is ZNAQ Cryptex? How do I use ZNAQ Tokens there?
ZNAQ Cryptex allows users to trade different cryptocurrency pairs, indices, and other trading products, hence make additional profits on market shifts. Cryptex offers several of its trading products in the form of a Futures Contract that can be traded with a leverage of up to 100x. More information can be found here znaq.org/whitepaper
Is there any relationship between the ZNAQ Token and ZNAQ Exchange? Can I trade your token on other exchanges?
The ZNAQ Exchange is the official resource for trading ZNAQ Tokens. But you can trade ZNAQ Tokens on any other stock exchange, without any restrictions.
Why is the ZNAQ Index traded as ZNAQ Tokens, but not as a regular index?
When acquiring ZNAQ Tokens, you do not just bet on the growth of the index, you actually acquire an asset that you can dispose of as you like. The next reason is the utility purpose of the token. It is not just an index but a depositing currency for ZNAQ Cryptex and payment currency for ZNAQ Analytics services.
When will I get my tokens?
Each participant of ZNAQ Token Sale and Token Pre-Sale will receive ZNAQ Tokens within 24 hours, after purchase. Please note that early investors that participate during the Private Pre-Sale stage will receive ZNAQ Tokens only when the official Pre-Sale starts.
What is the price of the ZNAQ Token and what is it based on?
The price of the ZNAQ Token is always equal to the value of the ZNAQ Index. The index value directly depends on the capitalization of the cryptocurrency market. With the growth of the market, the value of the ZNAQ Index increases, therefore the price of the ZNAQ Token rises. Methodology of calculation can be found here: znaq.org/rulebook
How can I participate in the ZNAQ Token Sale?
To participate in the ZNAQ Token Sale, you need to register and complete all the required forms. Click on the "Participate" button and follow the instructions.
What is the United Trading System? How does it work?
The UTS (United Trading System) is an aggregator system that allows you to complete transactions between orders on different exchanges. You can find detailed information about the UTS in our White Paper.
Whats is ZNAQ Analytics? What services it provides?
ZNAQ analytics provides: technical analysis, forecasts and reports, community discussion rooms and a unique platform for assembling and analyzing multi-currency portfolios. More information can be found in Whitepaper at znaq.org/whitepaper
Will there be other token-based indices issued by ZNAQ?
Yes. ZNAQ is developing a full list of indices and indicators that will help to analyse market dynamics. Token-based tradable indices will have an option of being instantly exchanged to other token-based indices within the system. For more information please have a look at ZNAQ Whitepaper at znaq.org/whitepaper.
What currencies can I pay you?
At the moment you can pay in Ethereum, Bitcoin, Litecoin, Ripple, Bitcoin Cash, Ethereum Classic, Neo, Stellar, Eos, Cardano, Dash, and Nem. If you want to purchase ZNAQ Token for another cryptocurrency, please contact us. We do not accept USD, EUR, or other state currencies.
Who cannot participate in the ZNAQ Token Sale? Are there any restrictions for specific citizens?
Please have a look at our ZNAQ Token Sale terms and read them carefully for clear understanding whether you are under "restrictions for specific citizens."
What happens if I sent you BTC after the ZNAQ Token Sale has ended? What will happen to the BTC that was sent by me?
In cases of payment received after the end of ZNAQ Token Sale, you will not be credited with ZNAQ Tokens. Of course, the funds you have sent will be subject to refund to you in full (except for the commission). This applies to all currencies. In such situations, we recommend that you contact ZNAQ Support. To avoid such cases, we suggest that you place a sufficient commission for the transaction, taking into account the time frame of the ZNAQ Token Sale.
How will collected funds be used?
Collected funds will be used to develop the infrastructure of ZNAQ as well as improve and expand capabilities of ZNAQ Exchange, ZNAQ Cryptex and ZNAQ Analytics. A more detailed scheme of the distribution of collected funds can be found on our website.
Why will ZNAQ Tokens grow in value?
The price of the ZNAQ Token is tied to the value of the ZNAQ Index, which in turn is an indicator of the cryptocurrency market capitalization growth. Therefore, with the growth of the market, the ZNAQ Index value increases and the ZNAQ Token price rises. An additional demand for ZNAQ Token is created from ZNAQ Analytics and Cryptex users, who will permanently need ZNAQ Tokens to operate on these platforms.
When will you pay for the bounty program?
All payments for the bounty program will be paid upon the completion of the ZNAQ Token Sale. This will be implemented with the help of a smart contract, which automatically lists the required number of tokens for the required purses.
When will your tokens start trading on the exchanges?
Purchased ZNAQ Tokens can be traded on the ZNAQ Exchange only after the end of ZNAQ Token Sale and the official launch of the platform itself. However, on any other exchanges, ZNAQ Tokens can be traded immediately, as soon as the exchange starts to take them into circulation.
What are the maximum and minimum payments? Will there be bonuses and discounts?
We will not put any limits on the minimum or maximum purchases. The Token Sale participant has the right to decide how many ZNAQ Tokens to buy. Each stage of the ZNAQ Token Pre-Sale and Token Sale will have several periods with different discounts. We will also provide a bonus in the form of additional ZNAQ Tokens, depending on the amount of the initial purchase. For those who want to get free ZNAQ Tokens, there is a bounty and referral program.
Why will the token price be equal to the index value?
ZNAQ Tokens will be traded through ZNAQ Exchange, where the price for it will be set automatically at the Index value. In order to maximize the liquidity of trades, we created the United Trading System. Additional demand for utilization of ZNAQ Token will be also generated from users of ZNAQ Cryptex and ZNAQ Analytics.