Zus

Overview

Zus (formerly 0Chain) is a decentralized storage platform that aims to provide high-performance cloud storage infrastructure. The ZCN token is used to pay for storage services and incentivize storage providers on the network.

Purpose and Utility

The primary purpose of ZCN is to facilitate transactions within the Zus storage ecosystem. Storage providers stake ZCN to participate in the network, while users spend ZCN to store their data. The token serves as both a medium of exchange and a governance mechanism for the platform.

Business Model

The platform operates as a decentralized storage marketplace where storage providers compete to offer services. The business model is transparent and focuses on providing actual utility through data storage services. No interest-bearing mechanisms or prohibited activities have been identified in the core protocol.

Real-World Adoption

Zus has established partnerships with several organizations and continues to develop its infrastructure. The platform demonstrates actual usage for its intended purpose of decentralized storage, though adoption remains in early stages.

Development Activity

The project maintains active development on GitHub, with regular updates to both the protocol and client applications. The team continues to improve the storage infrastructure and expand platform capabilities.

Token Distribution

The token distribution includes allocations for the team and early investors, with vesting schedules in place to prevent immediate selling. While detailed information about current token distribution is limited, no concerning patterns have been identified.