ZOOM, or CoinZoom Token, is the CoinZoom Utility Ecosystem Token. ZOOM is a decentralized digital asset based on Ethereum and conforms to the ERC20 token standard. It has multiple use cases within the CoinZoom platform.
Initial uses include:
Discounts on trading fees
CoinZoom Visa Card reward tier upgrades
Payment for fees
Token Supply and Utility
ZOOM has a limited total supply of 600 million tokens. It powers the CoinZoom ecosystem and provides users with various discounts, enhancements, and rewards.
ZOOM Distribution
50% - VIP: Available for purchase by community members to participate in VIP programs
30% - Rewards: Allocated for community growth and user incentives
20% - Team: Reserved for team incentives (subject to a vesting schedule)
Storage and Compatibility
Since ZOOM is an ERC20 token, it can be stored in any Ethereum-compatible wallet, including your CoinZoom wallet.