Coalichain Launch Its Own Cryptocurrency ZUZ Token
The ZUZ token, allows any voter to donate to a campaign, starting from the smallest amount. Candidates can collect donations directly from their supporters, and see which initiative is most important for the voters.
For Coalichain to work, it needs a unit of value known as a token. It is needed to provide power to the Blockchain model. It acts as an asset and for Coalichain this ghost currency is known as the Zuz Token. The ZUZ token is a crypto-currency that is tendered in the political arena. Its attributes are different from those of a financial cryptocurrency:
The ZUZ token is designed in order to promote the ability to exert real influence on the opinions, behavior and the political intents of the followers. CoaliChain introduces a system which would value the activity of electors and adjust the amount of political ZUZ tokens given for certain activities. Voters who receive the tokens will have the possibility to use them for personalized ways of interaction with the politicians:
The organizers of the various elections, political parties, candidates of various types of the election but also the voters, in short, all those who wish to actively participate in the voting enterprise by using the services offered or by financially supporting candidates. These are the buyers of Zuz Token. On the other hand, there are sellers of Zuz Token as well. The CoaliChain platform but also the exchanges (Poloniex, Binance etc ...) and more generally anyone who owns and wishes to sell.
For the distribution of the Zuz Token, as part of the pre-ICO, the ZUZ will be offered at preferential rates to allow anyone who wishes to support our project to buy on preferential terms. In addition, a special collection of tokens will be set aside for non-profit organizations and strategic institutional partners.
Coalichain will conduct a Token Sale. CoaliChain will give pre-sale and crowdsale participants the opportunity to be pioneers of this initiative through the pre-sale and the crowdsale phases. By collecting as many supporters as possible we will be able to build a more extended platform and to ensure its swift development and adoption worldwide.
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