Will Sanzooz Finance (SZFT) Stand The Test Of Time? The Ultimate Guide To The Brand New Crypto On The Block
Sanzooz Finance (SZFT) is a brand new cryptocurrency that has just launched via a presale. With over 17,000 cryptocurrencies now in circulation, it can be difficult to identify which project to invest in. In this article, we will take a closer look at just what Sanzooz Finance is and if it’s a good investment and how it could benefit you in the long run.
What Is Sanzooz Finance (SZFT)?
Sanzooz Finance is a decentralized asset issuance protocol built on the Ethereum (ETH) blockchain. Assets will be collateralized by the SZFT token on the Sanzoon blockchain, which facilitates the production of artificial assets when locked in a contract. This pooled collateral approach enables users to convert assets directly via the smart contract, without requiring intermediaries.
Artificial assets are a subset of tangible assets that lack intrinsic value. These items are derivatives of real-world assets with inherent value, such as stocks, commodities, or currencies.
Artificial assets were created to enable the trading of assets without physically relocating them or pre-selling products that have not yet been developed or made available for sale. The process of creating an artificial asset entails two or more parties agreeing on particular terms that result in the establishment of a contract based on a real-world commodity.
What Is The Roadmap For Sanzooz Finance?
The whitepaper for Sanzooz has a well-structured roadmap in place. Some of the key points from it include:
- Launch SZFT token on testnet
- Smart contract audit
- Launch SZFT via PancakeSwap
- Launch Sanzooz dashboard
- Launch Sanzooz exchange with the first set of tradeable assets
This roadmap highlights key points that the team behind Sanzooz will be aiming to achieve over the coming year.
Who Developed Sanzooz Finance?
While we were able to answer the bulk of queries concerning Sanzooz Finance, we were unable to establish who developed the cryptocurrency and where they are based.
While we have studied the whitepaper and cannot find solutions to these questions, it is worth mentioning that other viable cryptocurrencies, like Bitcoin (BTC), are developed and maintained by anonymous individuals and teams.
Additionally, it is stated in the whitepaper that there are plans for Sanzooz Finance to become a decentralized autonomous organization (DAO). This means that the bulk of decisions and the future of the project are determined by the tokens community.
How Do I Know Sanzooz Finance Isn’t A Scam?
One approach to contribute to a project’s authenticity is to have it audited. This means that an outside business examines the smart contract’s code. Certik is one such firm. Certik is the leading blockchain security company that Sanzooz Finance has entrusted with the security of the project’s infrastructure. Certik’s major objective is to certify and secure new digital currencies. On Certik’s website, you may search for Sanzooz Finance and monitor the progress of the audit.
Is Sanzooz Finance A Good Investment?
With any new cryptocurrency, there can be a certain amount of doubt about whether the project is trustworthy or not. After conducting research that included the project’s website and whitepaper, we have concluded that it is highly unlikely that Sanzooz Finance is a scam or rug pull. The website is clear and concise and the whitepaper goes into great detail about the goals and objectives of the project. After the audit from Certik is complete, we expect Sanzooz Finance to be regarded as a legitimate cryptocurrency.
As with any investment, it is important to do your own research before parting with any of your money. The content of this article is intended to help inform and shouldn’t be taken as financial advice.,