Market
Problem that it solves
Zcash is a privacy coin. Premissionless and secure, ZEC is a digital currency that protects all your transactional privacy.
Customers
Zcash users are those who want to perform transactions privately. An example of this might be someone who wants to pay for a software solution without leaving a trail.
Value creation
Zcash is an ideal coin for anyone who regularly performs private transactions or doesn't want their transaction information available in a public forum.
Market structure
The market for Zcash are for those who value privacy over anonymity. Exchanges know who is using Zcash due to their willingness to comply with KYC. What they don't know is what they are using it for.
Market size
Market potential for Zcash is large as it provides a way for people to perform transactions with privacy and security.
Regulatory risks
There are countries that are considering banning coins that focus on privacy in an effort to minimize nefarious transactions.
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Competitive Advantage
Technology/blockchain platform
Zcash is a fork of Bitcoin that has built of the pioneering protocol to enable private transactions through the use of zero-knowledge proofs.
Lead time advantage
ZEC is one of most recognized privacy coins in the market.
Contacts and networks
The team has many key players within the industry as either part of its core team or as advisors on the project, so it has no issues with accessing the necessary people/parties.
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Management Team
Entrepreneurial Team
Founder Zooko Wilcox has a history of developing successful network protocols that focus on self-contained economies. The team also has many top-quality engineers and developers.
Industry/technical experience
The team driving the Zcash project easily meets the 10,000 hours of experience criteria in the digital asset industry.
Integrity
The Zcash team shows transparency and honest in its projects, providing regular development updates to its users. However, the introduction of the founder's reward, which gives a share of mining rewards to the project's founders, has been heavily critized by the community.
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Token Mechanics
Token required
Zcash is a decentralized digital currency used for payments and private transactions.
Value added
ZEC is one of many 'privacy' coins, including Monero, which is one of the most recognized names in the privacy coin market.
Decentralized
Zcash is one of the most decentralized projects in the digital asset markets.
Token supply
Just like Bitcoin, Zcash has exactly 21 million coins in its supply.
Public exchange
ZEC is listed on many leading exchanges. However, some exchanges delisted the coin due to its privacy features (following regulatory pressure).
MVP
The Zcash blockchain has been up-and-running since 2016.
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User Adoption
Technical difficulty
With its zero-knowledge technology, Zcash can be difficult for the layperson to understand. What people do understand is privacy and security, which is what the coin will use to attract users.
Halo Effect
Zcash has a star-studded team of developers and advisors. However, it has been playing second fiddle to Monero in the privacy coin community.
Buzz
Zcash is one of the most well-know privacy coins and has a solid following on social media. However, after its initial launch hype in 2016, the buzz surrounding ZEC has worn off. Especially since the coin lost a substantial amount of its value since launch.
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Overall Score
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