0xcert (ZXC)

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## 0xcert (ZXC)

### Total Supply

CMC: 489,999,999 ZXC

 Basics

* Started in:
* Mainnet release: 9-3-2020
* Based in: Slovenia
* Blockchain API gateway, Build decentralized apps using fungible and non-fungible tokens.
* From their website (24-5-2020):

"*0xcert is an open source, permissionless protocol for validating the existence, authenticity and ownership of unique digital assets on the blockchain"*

* From CMC (24-5-2020):

*"0xcert provides the open-source 0xcert Framework for building powerful decentralized applications (dapps) combined with non-fungible tokens (NFTs). The Framework is a JavaScript library that reduces the time, resources, and issues of developing a dapp. The 0xcert Framework provides support for implementing both ERC-20 fungible tokens as well as ERC-721 non-fungible tokens. The mission is to provide a blockchain-agnostic platform for building dapps.*

*ZXC (fungible ERC-20 token) is the native utility token of the 0xcert protocol and was introduced to align issuing parties with dapps and the community. With the infrastructure built around the system of smart contracts, its primary role is to provide the incentive mechanisms and support the ecosystem with low fees."*

## Token

### Utility

* From their website (24-5-2020):

"*We use ZXC utility token to perform your requests on the blockchain. No need for Ether (ETH) or other cryptocurrencies."*

### Token Details

* From their website (24-5-2020):

"*The difference between ZXC and xcert tokens is that one is a utility token (ERC-20) and the other one is non-fungible token (used to store data- ex. diploma, KYC..) We will be issuing ZXC (ERC20) tokens,but the 0xcert protocol is made to manage xcerts (ERC721, non-fungible tokens)."*

## Tech

* Whitepaper can be found here.
* Code can be viewed here.
* Built on: Ethereum
* Programming language used:

### Other Details

* From their website (24-5-2020):

*"Specify the data that represent your asset, create a corresponding data object according to a JSON Schema and hash it into two digital proofs. The first, the Imprint, is hashed with the in-house developed ASH algorithm, and the second, the Evidence, is hashed with the revolutionary in-house developed AIH algorithm that enables advanced selective verification later on.*

*Issue the digital imprint to the blockchain in the form of Xcerts, enhanced ERC-721/ERC-2477 non-fungible tokens. Some of the additional features include create, revoke, toggle and update, which open up a Pandora’s box of new possible use cases."*

## Privacy Method being used

* From their website (24-5-2020):

"*It is highly secure, only the imprint is disclosed to the public while the actual data is kept private."*

## Their Other Projects

### Framework 2.0

* From their website (24-5-2020):

"*The 0xcert Framework is a comprehensive set of tools for building powerful decentralized applications, or dapps. The framework itself is completely open source and is already powering live dapps like SwapMarket, the world’s first many-to-many decentralized exchange, and the 0xcert API, a fully decentralised web service built on top of the existing 0xcert open-source infrastructure, which wraps 0xcert functionalities in a common API interface."*

## Competition

* From their website (24-5-2020):

"*There are various competitors in vertical that 0xcert can tackle, although 0xcert is the first and only protocol for non-fungible tokens to this day."*

## Team, investors, Partnerships, etc.

### Team

* Full team can be found [here].
* From their website (24-5-2020):

"*Doctrina is a company that offers online education to pharmacists and issues tons of certificates every year. It's where the idea of 0xcert was brought to life. Doctrina's founders encouraged the start of 0xcert and have been supporting it since day one. Nonetheless, these are two separate companies."*

### Investors

* From their website (24-5-2020):

"*The project is co-financed by the Republic of Slovenia and the European Union - European Regional Development Fund."*