Zengold is a decentralized gold trading platform utilizing blockchain technology to ensure secure, transparent, and traceable transactions. It enables users to trade gold with ultra-low minimum purchases starting at 1 CNY, while eliminating transaction fees and providing real-time price tracking.
Funding
$4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional gold trading platforms often involve high transaction fees, limited accessibility due to high minimum purchase requirements, and a lack of transparency in pricing. This can deter small investors and those seeking to diversify their portfolios with smaller gold holdings.
Solution
Zengold is a decentralized platform that leverages blockchain technology to facilitate secure, transparent, and traceable gold trading. The platform enables users to buy and sell gold with ultra-low minimum purchases, starting at 1 CNY, making gold investment accessible to a broader audience. By utilizing blockchain, Zengold aims to eliminate traditional transaction fees and provide real-time price tracking, enhancing the efficiency and transparency of gold transactions. The platform's digital asset transaction model and blockchain-secured physical gold storage offer a novel approach to gold investment and trading.
Target Audience
Zengold primarily targets individual investors, particularly those with limited capital, who seek to invest in gold through a transparent, accessible, and secure platform.
Features
- Blockchain-based platform ensuring secure and transparent gold transactions.
- Ultra-low minimum purchase threshold, starting at 1 CNY.
- Real-time gold price tracking.
- Digital asset transaction model for flexible gold trading.
- Secured physical gold storage, guaranteed by insurance companies.
- Decentralized trading environment for enhanced security and traceability.
- Digital identity system to strengthen blockchain credit ratings.