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Over 40,000 Content Creators Turn to ZEN and Blockchain to Take Back Control

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ZEN
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ZEN is disrupting viral video on the blockchain, tapping into passionate fandoms while empowering and protecting teen content creators.

Social media platforms exploit teen influencers for profit: the most influential contributors get a little financial stake and no say, while new users barely stand a chance at success.

This is why even today’s biggest influencers try profiting from their audiences by navigating a dangerous landscape of underground marketplaces: shadowy corners of the web where shoutouts and accounts are bought and sold. The result? Fraud, stolen accounts, and worse.

Pushing Back on the Status Quo

ZEN overturns these tired, exploitative models. With their short-form viral video app, influencers create and share exactly the gaming, anime, sports, and other fandom videos they want while authentically engaging audiences. And in ZEN’s revolutionary, integrated ad marketplace, brands, and influencers participate in a completely new ecosystem where audience access, virtual goods, and digital services are bought and sold on the blockchain.

Founder and CEO Frank Erik Banks is a black entrepreneur who didn’t take no for an answer when VCs told him social media was dead. His vision has surpassed expectation: ZEN is attracting hundreds of everyday investors with its clear mission, easy on-ramp, and low minimum investment. They also stand out as one of the world’s first SEC-compliant pre-ICOs, using a StartEngine Reg A+ campaign for equity crowdfunding.

ZEN’s Acclaimed iOS App

On iOS, ZEN’s app has over 40,000 highly-engaged superfans who love using the app to create and share short-form, viral videos with other people in their fandom communities. Many believe ZEN is next Musical.ly or Vine, while others praise its “ingenious revenue-sharing.”

These comparisons aren’t unreasonable when former Musical.ly developer George Ciobanu recently joined as ZEN’s lead iOS engineer. On his watch, Musical.ly grew to hundreds of millions of users and sold for $1 billion USD. Now he’s leading the product development charge alongside Zynga, Amazon, and Microsoft veterans.

A Creator-Focused Marketplace

While other platforms force influencers into the darkness of social media shadow markets, ZEN brings everything into the light. An open ad marketplace is an integral part of ZEN’s app, ecosystem, and business model.

Brands and users alike use ERC-20-based ZENCoins to buy into ZEN’s ad marketplace. Influencers then pick which ads and shoutouts they want to feature. They can even directly buy and sell channels in-app, preventing account theft.

Best of all, creators are always in control: unwanted ads are never forced into feeds or videos. This empowering model both protects creators and makes them direct stakeholders invested in ZEN’s success.

Fandom Culture Sets ZEN Apart

Beyond this revolutionary business model, ZEN is targeting two powerful niches: teen content creators and fandom communities. Market research reveals that Gen Z is ditching platforms like Facebook and Instagram. Yet, ZEN’s app had no issues quickly attracting over 40,000 users. Maker culture is why: post-millennials want to be creators, not just consumers.

Supercharged fandoms channel an even more powerful dynamic; whether it’s Black Panther, and Harry Potter or Counter-Strike and League of Legends, obsessive fans drive the internet’s most passionate and highly engaged communities. Potterheads, Trekkies, gamers, otakus, and other superfans are ZEN’s biggest users.

The Path to ZEN

ZEN is hitting its stride for a highly anticipated 2018 ICO, bringing in a growth hacker and lead content strategist from Amazon and Microsoft. Coming soon are more hires emphasizing product development and pedal-to-the-metal funding.

A Gen Z appeal, fandom focus, and native ad marketplace are all proving wrong Silicon Valley’s proclamation that “social media is dead.” As Musical.ly discovered in 2017, short-form viral videos are a billion-dollar opportunity. Now ZEN is bringing these videos to the blockchain, empowering teens and freeing Gen Z from the social media shadow market for good.

Disclaimer: Crypto Queen serves as an advisor to ZEN. This article should not be taken as and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Adit Jani via Flickr

Bitcoin

SEC Postpones Bitcoin ETF Decision Once Again

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Bitcoin ETF
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The new announcement by the US SEC (Securities and Exchange Commission) states that the decision regarding the potential approval of several applications for a Bitcoin ETF (exchange-traded funds) is once again postponed. This time, the SEC declared that the decision will be made by February 27th, 2019.

The application requesting that VanExk SolidX BTC fund get s listed on Cboe BZx Exchange that was published on July 2nd needs to be given order by the commission within 180 days. Originally, the deadline for doing so was December 29th. However, the SEC decided to extend the period for another 60 days, effectively moving it to February 27th.

The SEC stated that designating a longer period for making a decision was found appropriate, as more time is needed in order to properly consider the rule change.

Cryptocurrencies need a sufficient monitoring mechanism, claims SEC chairman

Recent reports claim that the SEC received over 1,600 comments after requesting the public opinion regarding the ETF applications issue. In the past, the SEC rejected many such applications, some of which were even submitted by SolidX itself. In addition, they also rejected the applications submitted by Gemini, the exchange owned by Winklevoss twins. Brothers were attempting to gain ETF approval ever since 2013, although to no avail.

Other applications were also submitted by Direxion, ProShares, as well as GraniteShares. The SEC rejected them…

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Blogs

TRON (TRX) Back In The Crypto Top 10

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Tron
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For three weeks now, the crypto market was in a free fall. There was one moment when it seemed like the coins are finally bouncing back, and Bitcoin managed to climb back to $4,200. However, this uptrend was only temporary, and the coins dropped once again as December started.

Not a lot of coins are doing well these days, and almost every single one is trading in the red. Bitcoin is currently priced at $3,864, and the total market cap of the crypto space is barely over $123 billion. As expected by many, the bearish trend is still active, and seemingly at full strength. However, there are a few coins in the vast crypto space that are actually managing to grow in these unfriendly conditions, with the most notable one being TRON.

TRON on the rise

At the time of writing, TRON is also trading in the red. Although, only hours ago, this was not the case. Even now, TRX is losing only around 0.50% of its value, while all other coins around it are dropping by 4-5% on average.

TRON’s increase, while it lasted, was not big. However, considering the current state of the market, it was easily enough for the coin to make a big step, and actually improve its position on the list of largest cryptos. After months of waiting at the 11th spot,…

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Altcoins

MobileGo (MGO) – An Internet Gaming Pioneer

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MobileGo
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Although I love trading cryptocurrencies as much as anyone, I’m far more interested in analyzing the impact that blockchain technology can have on the business landscape.  After all, blockchain’s potential was the main catalyst behind the surge in trading volume last year.  While many industries will be forever changed through blockchain applications, the gaming industry will be the focus of this article.

The first thing my parents would think of upon hearing the word “gaming” is Nintendo.  And while video games do make up a considerable percentage of gaming sales, the industry has grown far beyond that.  Several years ago, ESPN aired an episode of E:60 that went inside the world of professional video game competitions.  One team, Dota2, was on a quest for a piece of an $18.4 million tournament prize pool.  Yes, $18.4 million for people who play games.  Since then, the industry has grown beyond anyone’s wildest imagination.  And one company, MobileGo, appears to be taking full advantage of that opportunity.

MobileGo’s MGO token is an Ethereum based ERC223 token that was developed to usher in a new era in the world of internet gaming.  The company’s main goal is to turn MGO into the world’s leading currency for the more than 2.6 billion gamers that currently exist.  It is expected that mass adoption will occur as game developers continue to grow their…

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