New update Monday Feb. 5th:
Lending has started. There is however one problem we have found with this. You can lend your Zouk Coin at 1:5, but the catch is: When your interest is generated it is payed out at a conversion rate of 5:1. This means the 5 to 1 was just a marketing ploy.
So please read the following article with this in mind. It was written before they even made this offer.
Short update:
On Sunday February 4th 5pm GMT Zouk announced that lending now will start at $5.00 per coin starting at 9AM GMT, Monday Feb 5th. It will stay at $5 until the coinvalue in the exchange will be at least $5. This will undoubtedly raise the value of ZUK in a very short time. You can buy 1 ZUK at $0.25 right now. That means there will be 20x gains within a few days!
Original Article about Zouk from 4 days ago:
One new lending platform might stand out amongst the many upcoming alternatives starting this spring. It promises a stable coin and longterm gains! After the Bitconnect scare and since Davor’s coin is losing traction, everyone is getting a little quiet in the lending space. But people are on the lookout for THE new lending platform and there are more than 10 of them about to start within the next 4 weeks.
I personally try to look at all new lending platforms. Doesn’t matter how ugly or flashy. If they smell like exit scam or seem solid as a rock – I at least sign up with them all, read their twitter, telegram, etc. and i take part with a small amount of money. But my trust level is very low to be honest. However the days, where you could make 10x, 40x or more by taking part in lending or staking the coin of a new platform, are far from over. Crypto is still unpredictable and even in this recent bear market there are many, who make massive gains, just by putting their money in the right coins. So i was looking around for THE new lending platform and i think i have found a rare gem:
Zoukcoin!
At first glance Zoukcoin was like any other Lending coin. Or worse. I took part in the ICO, but i wasn’t too impressed. The tokens were selling at the speed similar to my grandmother, when she goes shopping. She will get there eventually, even when it takes ages.
However in the middle of their ICO the Zouk team decided to end the the token sale prematurely with less than half of the coins sold, burn the rest of the tokens and start lending as well as the internal exchange within 24 hours! What? Why? Are they exit scamming with our money? Well sure the are! That's why they stopped the ICO!
Nope! They have realized, what others didn’t. A month in Crypto is like a year in the real world and a week is like 3 months. A lot can happen in that time.
After Bitconnect shut down there was a huge gap in new lending platforms. Davor didn’t have those great returns anymore, Lendconnect rose and fell when they removed their 10% incentive and Monyx stopped communicating, when they had problems, getting their internal exchange going.
Enter Zouk... they pulled it off!
Within 24 hours the exchange and lending was up and running, granted with a few minor problems. The exchange presents itself as they gave zero fucks as to how it looks. Also the functionality left a few things open, but they are open to suggestions through their telegram.
So some friends joined on Zouk and we tried to poke at them, like you would poke a sleeping half-dead dog with a stick to see if it was still alive. Of course you wouldn’t do that, but we did and had some fun with it! What we found out surprised us! Zouk’s team is more than alive and up for the challenge, that awaits them! We suggested that they show how much interest the lender will get the next day. Within a few hours the feature was on that platform! And that was just the beginning.
We were hoping to get $5 for each of our ICO coins, but in the end the value was pegged at $1.15. And after 1 day they removed even that! Now the coin was free to trade on the internal exchange without any restrictions. Finally a lending coin that hasn’t any fictional value, but has to prove itself on the market! No false incentives no protection from the creators. Within half an hour all the dumpers and wannabe-whales left the stage and the price fell. But like a true underdog the value of Zouk came back up and all our attempts to poke at this dying dog with a stick and short the hell out of this coin stopped. The underdog got back up and the value oft he coin kept climbing within a few hours.
So these are my points, why i trust that this coin will be a contender for a value of 100+ and stand the test of time!!
Zouk has a team of experts, that is responsive and they work with their investors. When asked they wrote on telegram „Our team is incredible, we consist of over 50 individuals including blockchain experts, 10 trade experts with significant forex experiece, designers, PR, support.. etc.“
Zouk ended the ICO early and sacrificed gains, this proves their commitment to the platform. And it all happens at a perfect time. BTC is down and bound to make a bull run in February. I expect the value of Zouk to rise to 20-25 in February.
Zouk has longer Capital locks which means more sustainability.
Zouk is starting out with safe interest rates which means more sustainability for loans.
Zouk has the best designed dashboard and website of any other lending platform. Not just on the outside, we also looked at the coding and it is solid.
Zouk Launched their Exchange and Lending systems within 24 hours of the ICO ending.
Zouk is promoting ads on social media & Youtube.
Zouk has no FUD, or withdrawal issues, everything has worked from as intended since ICO launch.
Zouk is planning to contact major Youtubers in the crypto space to get them to promote Zoukcoin.
Zouk will have daily faucet, and weekly/monthly lottery prizes for people who make loans.
If you want to join our Discord, where we take trading, lending, staking and mining to the next level with fruitfull discussions and poke at lending platforms, just for the heck of it, you can use this link!