Zerocoin Electric Coin Company

Founded in 2015, Zerocoin Electric Coin Company operates out of Denver, US, and focuses on providing a privacy-focused digital currency. The company has not undergone significant pivots or changes in business strategy. Co-founders Poramin Insom and Reuben Yap have previously been involved in the cryptocurrency sector.Zcash primarily offers a privacy-protecting digital currency designed for secure peer-to-peer transactions. Utilizing groundbreaking zero-knowledge encryption technology, Zcash allows users to make transactions while preserving their privacy, distinguishing itself from traditional cryptocurrencies like Bitcoin. The platform facilitates a decentralized financial ecosystem where users have complete control over their funds, without reliance on centralized banking systems. Customers include individual users who prioritize privacy in their financial transactions, as well as developers and enterprises interested in integrating Zcash capabilities into their applications.Zcash generates revenue through its ecosystem by enabling transaction fees associated with the transfer of its digital currency, ZEC. Users engaging in transactions pay minimal fees, which are significantly lower than those of traditional financial systems, thus promoting higher transaction volumes. The structure of these transactions is primarily B2C, with individual users directly interfacing with wallets and exchanges that support Zcash. In addition, partnerships with various exchanges and wallet providers solidify Zcash's presence in the market, expanding its user base and enhancing liquidity. The company aims to expand its market presence in North America, Europe, and Asia by the end of 2023, targeting new users and developers interested in privacy-focused solutions.

1. Seed

   Jan 20, 2016

   Amount

   $1M

   Investors

   Locked