It is a P2P marketplace where transactions are done via non-custodial smart contracts. Zenland distinguishes itself in the Web3 landscape by embracing decentralization and blockchain technology to facilitate secure and transparent transactions. Built on the principles of trustless interactions, Zenland employs smart contracts to automate and enforce the terms of agreements between buyers and sellers.
In Zenland, users have direct control over their assets throughout the entire transaction process. Smart contracts, deployed on blockchain networks, act as impartial intermediaries, ensuring that both parties fulfill their obligations before the transaction is completed. This reduces the risk of fraud and eliminates the need for a centralized authority or third-party intermediary.
The marketplace is designed to support various digital assets, including NFTs, in-game items, digital art, and more. Zenland’s commitment to decentralization extends to its use of stablecoins for payments, providing users with a reliable and secure means of value exchange that is not subject to the volatility often associated with traditional cryptocurrencies.
As a Web3 marketplace, Zenland is at the forefront of revolutionizing online commerce, offering users a decentralized and efficient platform for peer-to-peer transactions. Explore the future of digital trading with Zenland – where security, transparency, and user control take center stage in Web3 marketplaces.
During Presale rounds the ZENF tokens can be purchased only through the official token page at https://token.zen.land. You can follow the steps below.
The process is shown with Metamask wallet as an example. However, it is similar to buying ZENF tokens with Coinbase and WalletConnect.
Important! Any other source claiming to sell ZENF tokens is fake and must be reported and blocked to avoid scams.
Step 1. On the official page, there is a token purchase form for early investors who take part in the Presale rounds. The first step is to fill out the network, stablecoin, and the amount. Make sure you have the amount (in both gas fees and selected stablecoins) at the address entered in the form.
It is common that you have the required balance but at another address or in a different currency or network. This will prevent you from buying the tokens and display an error of insufficient funds.
The email address is not required and the field can be left empty.
Step 2. Click the “Connect Metamask” button and select Metamask from the options.
Step 3. Read and agree to purchase terms by ticking off the checkboxes. Then, double-check the information entered, and click “Buy”.
That’s it! For investors who already bought their tokens in the previous two Presale rounds, we suggest they read another post on How to Claim ZENF Tokens.
Investors who purchased ZENF tokens on Presale Round I, Round II, and Round III are able to claim their tokens once a 3-month cliff ends and a vesting period begins.
Keep in mind that the timelines are different for participants of both rounds.
✓ Round I investors can start claiming on July 1, 2023. ✓ Round II investors can start claiming on August 1, 2023. ✓ Round III investors can start claiming on October 1, 2023.
Until then, investors can check their addresses in vesting contracts through the Claim Form on the official token page. Once the vesting period has started, presale investors can claim tokens through the same form.
Vesting is a gradual release of the allocated token amount over 3 months time in equal amounts.
You can get more information on the cliff and vesting for the ZENF token on the official page.
NFT trading has taken the world by storm, with digital art and collectibles selling for millions of dollars. This new form of ownership and value exchange is changing the way we view art and assets in the digital age.
There are now more NFT marketplaces than ever before, offering creators and collectors a plethora of options to buy, sell, and trade unique digital assets. But as each one is unique in its own right, not every platform is able to secure sustainable profits and ensure a safe and easy trading process.
Why use web3 escrow and marketplace for NFT trading?
Are you tired of the limitations and cons of popular NFT marketplaces like OpenSea and Rarible? While these platforms have their benefits, they also have their fair share of drawbacks. At OpenSea, you may struggle to stand out in the crowded marketplace without a substantial following on other social media platforms. And with Rarible, connecting your wallet and creating a wallet with the platform can be a complicated and frustrating process. Plus, both platforms charge fees on every successful NFT transaction, making it harder for you to earn what you deserve for your NFTs.
Luckily, Zenland offers a better solution for NFT trading. With Zenland’s web3 escrow and marketplace, you can enjoy zero fees, fast transactions, and full control over your sales. You don’t have to worry about standing out in a crowded marketplace, as Zenland’s unique escrow model ensures that buyers and sellers can trade confidently without competing for attention.
Plus, Zenland’s customer support team is always ready to assist you with any questions or concerns you may have, so you can focus on creating and selling your NFTs with ease. Say goodbye to the limitations of traditional NFT marketplaces and try out Zenland for your next NFT trade!
See how Zenland compares to popular NFT marketplaces in the table below.
Platform to buy/sell NFT and crypto artwork
Royalties and Fees
2.5% fee per sale +up to 10% royalty fee paid by the seller
NFT listing expires after 6 months (max)Sellers list NFTs against 80 million other NFTs Canceling a listing or bid have gas fees
Now, as you know what the popular NFT marketplaces and their policies look like, it’s time to turn your attention to Zenland.
With its low fees for both primary and secondary sales (1.75%), smart contract escrow protection, and direct payouts to ETH wallets, Zenland can be the only NFT marketplace you need.
The selling/buying process is described below 🙂
Step 1. Morty logs in with a Metamask wallet address (anonymous web3 login)
Unlike some of the NFT marketplaces that require you to install their own wallets before trading NFTs, Zenland supports non-custodial wallet login. No registration or password is required.
Step 2. Morty adds an item to the profile and sends the link to Anonymous
On Zenland any NFT owner can set up a web3 store to trade items at no additional cost. Sellers add NFT collections as items and their clients can view them on store profiles (both with and without logging in).
Sharing through social media accounts and forums gives clients access to items on sale.
Step 3. Anonymous selects the item and approves the terms of the purchase
Once the seller sets the item as pre-approved (see the step on adding item), buyers can place orders to purchase it. They first must review and approve the terms described in the item contract (such as delivery time, quality of an item, buyer protection time, etc.
Step 4. Anonymous sends the contract to the blockchain and locks payment inside
To confirm the order placement for a specific NFT or other crypto collectibles, the buyer sends the payment inside the smart contract so that the seller can see the payment deposit.
Step 5. Morty sends the skin to Bono and confirms the completion
Seeing the payment inside, the seller transfers the NFT to the buyer’s Metamask wallet. If you store NFT in crypto wallets other than Metamask you should first transfer it to your connected Metamask address.
The order is confirmed through the blockchain and the buyer is notified via the platform’s notification system.
Step 6. Anonymous inspects and releases payment from the contract to Morty
The buyer has time, known as buyer protection time to verify that the order is delivered on time and according to the seller’s description. Also within this time frame the payment deposit is unlocked and sent to the seller’s web3 wallet address.
At any point before the release of payment, Morty and Anonymous can dispute their deal and negotiate anonymously via the Contract Chat.
Step 7. Morty and Anonymous rate and review each other
After the NFT trade both sides rate and review each other to help other users see if they want to buy or sell from a particular user.
Want to see for yourself?
Currently, we are giving $25 as a sign-up bonus to all new users. Once logged in you should see a $25 balance on your dashboard to fully cover the service fee for contracts worth $500 or less. All users (buyers & sellers) are welcome to try escrow smart contracts for their web3 shops.
Zenland Fee (ZENF) tokens can only be purchased through the official token page. Currently, the token is not offered through any exchanges. Our public IDO is scheduled for the end of Q2/ beginning of Q3 2023.
Note that U.S. citizens (and some other jurisdictions) are not eligible for any ZENF token generation event (TGE).
Once the IDO starts, ZENF tokens will be used to pay the service fee. For this, just like other ERC-20 tokens, a certain number of ZENF tokens must be in the Metamask wallet address connected to the Zenland app.
ZENF balance top-up works similarly to top-ups with Bitcoin or other altcoins. The steps below describe the process.
Step 1. Login with your Metamask address.
Step 2. From the Top Panel, click on the user icon and select My Wallet.
Step 3. Enter the Amount you want to add to your balance and click the button.
Step 4. Choose the cryptocurrency and generate your transaction hash.
Step 5. Enter the address to your cryptocurrency wallet (Metamask, Coinbase, etc.)
Step 6. Confirm the transfer and check in later to see the balance added.
Zenland Fee (ZENF) token is a native utility token of the Zenland platform. It is an ERC-20 token minted on the Ethereum Mainnet. Alongside major cryptocurrencies, it is used to pay the service fee for each escrow contract deployment to the selected blockchain network. Its incentivized use allows ZENF users to get a 50% bonus to their internal balances on every top-up.
Example: The user has made a top-up equivalent of $100 to his/her Zenland wallet with ZENF tokens. A 50% bonus, or equivalent to $50 in this case, will be added to make the final balance of the Zenland wallet equal to $150.
Zenland platform users are automatically eligible for our Early Adopters program which rewards with ZENF tokens. These tokens are also used for bounty and similar programs as well as priority access to governance token generation events (once issued) to reward its community and early investors.