Zugacoin, the innovative creation of Nigeria’s Archbishop Sam Zuga, a Global Peace Ambassador, an African businessman, and a great humanitarian, aspires to revive Africa’s ailing economy by replacing China as the continent’s primary source of equity and investment finance for its governments.
Since the chances of obtaining business loans are often enormous, the coin development aims to provide loans to help firms and encourage investors. Zugacoin (SZCB) is a limited supply of digital, global money or virtual currency that you may use online to purchase goods and services and serve as a long-term investment (buy and hold) store of value.
Zugacoin aspires to unleash the potential of the largest and fastest-growing workforce in the world by providing chances for learning, earning, spending and saving in Africa and other developing nations with sparse economies.
The Zugacoin ecosystem offers the resources, tools, and user-friendliness required for operating a profitable business. The Zugacoin initiative will serve as an exclusive entry point for budding African enterprises; we will split transaction costs with suppliers and merchants and integrate our coin with ATM and POS systems all over the continent.
According to Zugacoin, technology creates new opportunities and serves as an enabler. Hence the coin is futuristic and ready to benchmark technological trends to build the future. The potential of Zugacoin harnesses practical delivery on a highly automated platform to set the crypto market apart from the competition.
What Is The Prospect Of Zugacoin?
Through the use of a blockchain-based ecosystem of tools and services created for businesses in the developing economies of Africa and beyond, Zugacoin will transform Africa for the better.
By generating, learning, earning, spending, and saving opportunities across Africa and other lean economies, Zugacoin seeks to unleash the potential of the most significant growing workforce in the world.
As you know, the cryptocurrency industry has recently swept the globe and is quickly becoming one of the most significant forces in finance, business, and investing; therefore, through democratising the crypto industry via its solutions, Zugacoin hopes to rebuild Africa by giving everyone the same access to the cutting-edge technology that will change the world.
Features Of Zugacoin
Zugacoin, like Bitcoin and other cryptocurrencies, is independent and unaffected by central authority or government because of its decentralised financial system. It is possible to pay for goods and services online, at a POS, or by sending money from one wallet to another; a payment system for the operation of financial applications, such as smart contracts, payment APIs, and the deployment of payment solutions.
Also, Zugacoin may be used for online and offline purchases anywhere in the world using POS systems, bar codes, etc.
We can use SZCB for financial transactions at churches, markets, hospitals, government offices, and parastatals. You can act as your bank with Zugacoin. You are in charge of your own money, and your wallet is proof of ownership.
Moreover, in peer-to-peer transactions, you can send Zugacoin without using a bank or other intermediary. It’s similar to physically exchanging money, but you can do it safely with anybody, anywhere, at any time.
Zugacoin is innovative and groundbreaking, benefiting all who engage with the coin’s initiative & developmental process. Zugacoin has the reputation of being the “future of money” as it has a one-size-fits-all digital infrastructure to revamp Africa’s dying economy.
Zugacoin has, in 2021, held the world record as the most expensive cryptocurrency, overtaking cryptocurrencies like Bitcoin and Ethereum. Recall that SZCB increased value up to 18% in the first three days of ICO, and it rallied at a $42,000 price level on the day of the initial coin offering (ICO) but increased to $49,000 a few days later. Today, the price of Zugacoin is $0.53, with a trading volume of $31,824.
How To Buy, Sell, And Stake Zugacoin
Despite being incredibly expensive, relevant platforms allow you to buy, keep, or stake it for profits with as little as $20 or more without limits.
Your money is yours to access whenever you like, but it requires permission to remain unaltered for the first three (1-3) months. You can receive 1% daily and 30% monthly interest with the Zugacoin smart contract. You will continue to receive a 15% bonus for any investors you refer to Zugacoin.
Zugacoin’s price is expected to reach $100,000 within the next three months, thus, the community, users, and investors are urged to seize this chance by purchasing and holding the cryptocurrency for the maximum return on investment in the following months.
Market Analysis Of Zugacoin
African countries frequently have essential things in common, even though the continent is immensely diverse. These things might range from socioeconomic problems to a severe lack of infrastructure. To date, the primary uses of cryptocurrencies have been for trading, prediction, and investment. It is not the case in Africa, where the range of applications for crypto and the problems it could solve differs significantly. As such, it is a haven for cryptocurrency.
Africa is one of, if not the most promising continent for the adoption of cryptocurrencies, according to the survey. It results from the unique intersection of its economic and demographic patterns. While general adoption is still relatively low, there is great potential, rapid growth, and development that will undoubtedly define the future of the crypto business.
The popularity of cryptocurrencies, however, is now divided among Africa. On the one hand, analysts have noted that some nations have high ownership rates. According to Google Trend statistics, Ghana, Kenya, South Africa, Uganda, and Nigeria all rank in the top 10 for searches related to cryptocurrencies, showing the subject’s rising popularity.
In a survey on cryptocurrency ownership, Nigeria came in fifth (11%) and South Africa third (13%) globally. But it’s behind in terms of crypto infrastructure.
What Is The Target User Of Zugacoin?
The African continent is Zugacoin’s primary market. Zugacoin focuses on Africa’s poor, underemployed, and jobless street population, which numbers more than 400 million people between the ages of 15 and 35. The developers intend to help the African governments build their economies by using Zugacoin as their primary medium of exchange and source of strength.
Additionally, we want to develop Africa on our own rather than allow China and other nations to take control of its resources, profit from them, and enslave us. To aid in the funding of numerous government projects in Africa through private and public partnerships, the developers of SZCB designed the DeFi App.
Future Of Zugacoin
Africa is prepared to accept Zugacoin as a solution to many of the region’s enduring problems by considering Zugacoin not just as an investment vehicle but also as Africa’s means of payment. Following investments in infrastructure and the creation of real applications that address problems specific to the African continent, the majority, if not all, barriers to broad adoption may and will be removed.
Although there are technological and financial advantages, neither regulators nor the general public will be prepared to accept cryptocurrency in a meaningful sense without immediate action and a firm understanding of the potential.
Zugacoin (SZCB) is still in its earliest stage of development, even as it has experienced both bullish and bearish price levels. Still, it is important to do your due diligence on the coin research before investing in it.