Singapore — Midas Protocol, an emerging blockchain solutions company announces that it will offer a token sale to create an intelligent tool for everyone to manage, invest, trade, exchange and spend crypto-assets. As a decentralized platform built on blockchain technology, token sale funds will be used to develop its products and drive the company’s aim to increase wealth through smart crypto investment and portfolio management. Midas Protocol aims to be the smartest universal wallet for all essential crypto needs, from safekeeping, intelligent trading, portfolio management, easy conversion to fiat and spending of cryptocurrencies.
Zcoin was the first cryptocurrency to implement the Zerocoin protocol, one of the world’s leading private cryptocurrency protocols and among the most significant academic developments in Bitcoin research. The Zerocoin Protocol uses zero-knowledge proofs with cryptographic accumulators to provide financial privacy. Zcoin also focuses on decentralization technologies and will be the first to implement MTP, a new breed of ASIC resistant mining algorithm to ensure fair distribution of its coins.
The partnership between Midas Protocol and Zcoin will encompass: Cross marketing and cross promotion, Collaboration in community building in ASEAN region (Vietnam, Singapore, Thailand, Malaysia, Indonesia), Priority integration into Midas platform and placement, Market outreach, Staking Znodes on Midas platform and any possible future joint-development.
“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. 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 region.” - Poramin Insom, Founder of Zcoin commented.
“Zcoin has one of the most capable privacy and security research teams. The collaboration with Zcoin will help strengthening our research on security, offering Zcoin in our Midas Wallet for clients that require more privacy transaction will give to Midas Ecosystem a competitive advantage. We are so looking forward to strengthening the global adoption for both Zcoin and Midas” - Dr. David Nguyen Vu, Chairman and CFO of Midas Protocol commented.
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