Question 1

What is it?

Accepted Answer

Zedxion USDZ (USDZ) is an ERC-20, TRC-20, and BEP-20 standard utility token that operates on the Ethereum, Binance, and Tron protocols. It's a stablecoin pegged to the US dollar, meaning that the value of 1 USDZ is designed to be equivalent to 1 US dollar. USDZ is part of a significant project with a highly flexible platform that can serve a broad range of verticals and unique business models. This platform allows goods and services owners to develop hierarchical offerings that require a Non-Fungible Token (NFT) to unlock access to various services.

Question 2

What is it used for?

Accepted Answer

Zedxion USDZ (USDZ) is primarily used as a stablecoin, meaning it’s designed to maintain a stable value by being pegged to a reserve of assets. It’s used for processing transactions, storing data, and running validator nodes on the network via staking ZEDXION tokens. It also enables owners to build communities and marketplaces to strengthen their brand and extend their reach. A one percent (1%) fee on all transactions involving USDZ is collected and used to advance the development of the technology platform and maintain the infrastructure of each community.

Question 3

Who's behind Zedxion USDZ (USDZ)?

Accepted Answer

Zedxion USDZ (USDZ) is the brainchild of developers at ZEDXION EXCHANGE, who have extensive experience in programming. The team includes more than 58 staff members, some of whom have experience at Google and MemSQL