UNIZEN WEEKLY PULSE

Edition 1 : November 29th, 2021

Unizen: Smart Exchange Ecosystem
6 min readNov 29, 2021

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Message from Sean Noga, CEO Unizen

On behalf of our entire team at Unizen, I would like to provide a warm welcome to our first edition of the Unizen Weekly Pulse.

Our goal is to provide a regular dose of updates including a summary of the latest platform developments, our progress, team news and announcements.

We are now approaching key milestones in the launch of the broader Unizen Ecosystem, and we want to ensure we are create purposeful dialogue with our community, enabling a structured forum to share updates, answer questions raised across social platforms and keep you abreast of progress toward our key project milestones.

Binance Chain Bridge

A key focus of our development team has been addressing the sustained increase in gas prices on the Ethereum network. As such we have re-directed significant development resource towards realizing a multi-chain bridge natively integrated with the Unizen platform.

We are building our own bridge, thus reducing risks associated with a 3rd Party bridging solution. Our goal is to enable our clients and token holders to avoid interaction with a bridge outside of the Unizen Ecosystem where we cannot guarantee future upgrades and security audits are rigorously conducted.

Whereas this will take a bit more time than listing with a third-party bridge provider, it is the right long term decision for our platform, clients and the ZCX holders. It also further strengthens the ZCX utility, accelerates the deflationary aspect of our tokenomics and opens up Unizen to a chain-agnostic universe.

Tournament of the ALTS 2.0

With the launch of the Unizen CEX module fast approaching we are thrilled to announce our Tournament of the ALTS 2.0 a competition where the winning project will be listed on Unizen CEX Module and receive full scale support from ZenX Labs.

Tournament of the ALTS 2.0 will feature 16 participant projects from a diverse range of Layer-1 solutions where every day two projects will participate in a election round. Projects will advance to the next stage based on the number of votes received, with the final leveraging LunarCrush sentiment analytics to determine the overall winner.

Read a more detailed overview of the Unizen Tournament of the ALTS 2.0 here;

ZenX Labs Launches Website

We released the website of ZenX Labs, Unizen’s incubator. Here you can keep track of new partnerships, communication from incubated/accelerated projects, and the growth of DMAS rewards pools. There will be a lot of news coming out very soon, so stay tuned for in-depth updates.

Dr. iur. Siegfried Herzog appointed as Unizen’s Head of Compliance

A core pillar of the Unizen operating model is to lead the industry in a compliant and sustainable manner.

As part of our focus on compliance we are thrilled to announce the appointment of Dr. iur. Siegfried Herzog as our Head of Compliance who will lead Unizen’s work on financial and tech regulation, development of CeDeFi, and communicate with legislative authorities on the team’s behalf.

Prior to joining Unizen, Dr Siegfried Herzog was Chief Compliance Officer at Bittrex Global and Compliance Officer at Marxer & Partners Attorneys at Law

Read more about the appointment of Dr Siegfried Herzog here;

ZenX Labs Strategic Partnerships

We continue to expand our network of partnerships via ZenX Labs Incubation providing our community with a unique opportunity to share in the mutual success of emerging and pioneering new blockchain projects.

Geometric Energy Corporation (GEC)

Unizen are happy to announce a partnership with Geometric Energy Corporation (GEC) via ZenX Labs incubation. Currently, GEC is working on building and launching DOGE-1, the first crypto-founded space mission to the Moon.

Incubation at ZenX Labs will help the team to scale their innovation, establish strong DeFi infrastructure, and ensure full compliance.

As a part of the DOGE-1 mission, GEC is sending a CubeSat, the satellite, to the lunar orbit to gather spatial data with its on- board data sensors and cameras. GEC’s communication modules process the information and develop long-term frameworks for future space missions.

As a participant of ZenX Labs incubation program, GEC will also participate in DMAS with $XI tokens to become available for staking $ZCX.

Stablecomp

We were proud to welcome Stablecomp to the ZenX Labs acceleration program this week. Stablecomp is a unique full-scale infrastructure for assessing opportunities and staking, managing, and converting stablecoins.

It’s a way to engage users (and institutions) that would like to benefit from crypto assets without risking dealing with volatile currencies. By staking stablecoins, you operate with the most stable currencies on the market and get compound interest for each token. $SCOMP tokens will be added to DMAS and can be claimed as rewards for staking $ZCX.

Final Word

We would like to take the time to thank our community for their engagement and support throughout 2021 and look forward to sharing regular updates as we progress rapidly toward the Unizen CEX Exchange Module launch shortly.

Our entire team are excited to be pioneering the CeDeFi Movement and are confident that we have a World Class team in place to deliver our vision for the future of the Unizen Ecosystem.

Website: https://www.unizen.io

Twitter: https://twitter.com/unizen_io?s=21

About

The Unizen Ecosystem is housing and aggregating trades across trusted first- and third-party exchange modules to enable a ZEN state of mind for traders.

Unizen is the first CeDeFi exchange to combine the functionality of first-party and third-party CEX’s and DEX’s in order to meet the needs of both retail and institutional traders. Unizen Exchange is able to find the most cost-efficient trades across a multitude of exchange modules, including Binance, to provide the best offers, reliable performance, and a secure environment for high-volume trading. All in one seamless user experience.

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