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Zcoin [XZC] weds Midas Protocol – Strengthening the global adoption

Ranjitha Shastry



Zcoin [XZC] weds Midas Protocol: Strengthening the global adoption
Source: Pixabay

Today, Zcoin announced its collaboration with Midas Protocol, a decentralized portfolio and asset management platform, and blockchain solutions company that is currently offering a token sale to produce a tool for traders to manage, invest, trade, exchange, and spend crypto-assets.

Zcoin's tweet about the partnership | Source: Twitter

Zcoin’s tweet about the partnership | Source: Twitter

Midas aims to start funding for potential high-tech projects such as Artificial Intelligence, the blockchain technology, robotics, internet of things, and other startups relating to poverty reduction support, job creation, environment protection, renewable energy, sustainable agricultural, waste management, etc.

They also aim to be the smartest universal wallet for all primary cryptocurrency needs, from safekeeping, intelligent trading, portfolio management, easy conversion to fiat, and spending of cryptocurrencies.

Dr. David Nguyen Vu, Chairman, and CFO of Midas Protocol commented about this partnership:

“Zcoin has one of the most capable privacy and security research teams. The collaboration with Zcoin will help strengthen our research on security, offering Zcoin in our Midas Wallet for clients that require more private transaction will give to Midas Ecosystem a competitive advantage. We are so looking forward to strengthening the global adoption for both Zcoin and Midas”

The collaboration between Midas Protocol and Zcoin will include:

  • Priority assimilation into the Midas protocol platform and placement
  • Staking Znodes on Midas platform and other likely future joint advancements.
  • Cross marketing and promotion
  • Collaboration in community building in ASEAN regions.
  • Marketing outreach

Poramin Insom, Founder of Zcoin commented:

“Midas Protocol’s goals to provide an all in one platform from safeguarding your funds, conversion of cryptocurrencies to fiat and portfolio management make it a holistic platform that is traditionally served by separate services. We are hopeful that Midas’s efforts will simplify the previously daunting task of using and investing in cryptocurrencies for the mainstream market.

He continues:

“Zcoin is happy to be partnered with Midas and to be one of the first cryptocurrencies to be on their platform once launched and to collaborate in building the cryptocurrency ecosystem in the ASEAN region.”

kayne Freeman, a Twitter user commented:

“Glad to hear that!!! you are building something huge”

Zcoin currently has a market cap of about $96 million, trading at a price of $19.47. It has seen a downfall of -4.85% in the past 24 hours.

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Ranjitha Shastry is a part of AMBCrypto's News Reporting Team. Having done her major in Journalism and mass communication, she is passionate about business and economic journalism.



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