Zel LogoText

ZelLabs & Merchcoins Partner to Add Gift Card Tokens to ZelCore

ZelLabs & Merchcoins Partner to Add Gift Card Tokens to ZelCore

Zel Official

Zel Official Follow

Aug 5, 2019 · 2 min read

Maintain custody of gift card tokens directly in ZelCore Desktop & Mobile for Best Buy, Home Depot, Lowes, Starbucks, Target, Walmart, with more to come

Image for post

ZelCore + Merchcoins

We are happy to announce that ZelCore will be integrating Merchcoins into their multi-asset wallet. Users will be able to purchase and hold their Target, Starbucks, Best Buy, Walmart, Home Depot, and Lowe’s backed ERC20 stablecoins on the ZelCore wallet. Merchcoins holders will be able to maintain custody of their assets, along with 150+ other assets, on their Desktop and iOS/Android applications.

How Merchcoins Works

Image for post
from: Merchcoins.com

Merchcoins are backed by both digital currency and ready-to-go gift card codes. Merchcoin assets act as fiat-locked stablecoins via ERC-20 tokenization.

On redemption of a Merchcoin, our Merchcoin wallet will send the redeemer a ready-to-go gift card code either directly or by purchasing the underlying gift card with our digital currency float.

For more info on Merchcoins and wrapped gift card tokens, see merchcoins.com or reach their team at [email protected]

Image for post

— — — — — — — — — — — — — — — — — — — — — — — — — — — — — — —

Written by Zel Technologies, GmbH — 05 Aug 2019 — Rev. 1

<https://zel.network>
<https://merchcoins.com>

You may also be interested in…

ZelNodes + Flux + Kadena — Coin Distribution

ZelNodes + Flux + Kadena — Coin Distribution

ZelNodes + Flux + Kadena — Coin Distribution Zel Official ·2 min read·Draft We are getting ready to distribute KDA coin to ZelNode Operators that are running the Kadena Full Node zelApp KDA partnership ANN is posted HERE Recap Zel and Kadena are co-developing...

ZelCore + ZCoin Masternodes!!!

ZelCore + ZCoin Masternodes!!!

ZelCore + ZCoin Masternodes!!! Zel Official Oct 16 Zelcore and Zcoin have partnered to bring an easy way to create, view, and manage your XZC nodes all in one place. With Zelcore’s ($ZEL) vision to bring ease of use to the broader market, we are excited to announce...

What the Flux, is Flux?

What the Flux, is Flux?

What the Flux, is Flux? Zel Official Follow Oct 5 · 4 min read And why it changes Blockchain as we know it. A snapshot of the new disruptive technology. Flux is a Decentralized Computational Network utilizing over 800 private servers and over 100 node...

Kadena & Zel Tech Partner to Host 100+ Full Nodes on Flux Network

Kadena & Zel Tech Partner to Host 100+ Full Nodes on Flux Network

Zelnode Operators can receive monthly $KDA on top of $ZEL rewards for helping Kadena peer their blockchain continuously Zel Technologies ($ZEL) and Kadena ($KDA) are pleased to announce our working business partnership. Kadena Validator Nodes will be...

Announcing Trading Integration with Gemini!

Announcing Trading Integration with Gemini!

Zel Official Jun 29 · 2 min read ZelCore is proud to announce that trading on Gemini is now available for all users in ZelCore, via Gemini’s institutional-grade API infrastructure. What does this mean for ZelCore users who trade on Gemini? Current...

ZelCore Adds Kadena Assets — Store KDA Across Multiple Chains

ZelCore Adds Kadena Assets — Store KDA Across Multiple Chains

ZelCore Adds Kadena Assets — Store KDA Across Multiple Chains Zel Official Follow May 5 · 2 min read $KDA holders can now manage their assets inside the ZelCore multi-asset platform for Desktop, iOS and Android ZelCore + Kadena The Zel Team is excited to...