Batzen - ICO Review

It has been over a decade since digital currencies have originally been launched, starting with the launch of Bitcoin (BTC), which went live on January 3rd, 2009. Since then, the world has ignored them, ridiculed them, developed an interest in them, and now — it is finally starting to accept them.

It goes without saying that the cryptos' fight was long, difficult, and that it is nowhere near being over. However, they continue to persist, evolve, and conquer new markets. They, as well as their underlying technology — the blockchain — are already transforming the world by infiltrating numerous industries across the globe.

Even major companies, like Facebook, Telegram, and Apple are getting involved, although each in its own way. Meanwhile, institutional investors are getting interested in them as well, finding new ways to invest, new products to pursue, and new projects to support.

With that in mind, it is hardly surprising that crypto use cases are expanding, and that more and more online merchants are opening their doors to them. There are even special tokens that are being developed in order to serve specific services and markets, and one of the best examples of this is a token known as Batzen, which is holding its ICO right now, distributing tokens that can be used at the Tronix Bazaar.

About Batzen

As mentioned, Batzen is a project that is currently holding its token sale, offering its token to the public. It plans to use it for allowing people to purchase digital assets at the Tronix Bazaar.

Tronix Bazaar itself is a professionally-driven venture, headquartered in Mumbai. The venture's goal is to organize new types of distribution systems throughout India, by ensuring that the products of the best possible quality and price would be distributed through dealer channels with no hassle or any difficulties.

Tronix Bazaar wants to provide convenience for its customers, and give them the best value for money backed. They do this by saving time, and providing customers with top quality and satisfaction. Tronix Bazaar has greatly simplified the online shopping experience and procedure, making it available to everyone, regardless of customer profile.

They also offer secure payment options, quick delivery, minimum shipping charges, and excellent customer service, on top of everything else. Now, they will also allow their customers an easy entry into the crypto sphere, as well as a place to use their coins. India's great population, combined with the popularity of this service and the necessity for a coin with actual real-world use cases holds the potential to bring Batzen to the position of one of the most used coins on the internet.

However, to achieve this, Batzen first had to launch its token, and its ICO is now coming to a close.

Batzen ICO details


The first thing to note is that Batzen is a token developed on TRON's platform. It is a utility that comes in the form of TRC-10 token, with a total supply of 4 billion units. The token was created about a year ago, and it has been holding its ICO for a full year now.

Its token sale started back on August 30th, 2018, and it will end in only two days, on August 30th, 2019. Unfortunately, there is not much information on the token or its ICO, but it is known that its price is 0.025 TRX per 1 BTZN, which is approximately around $0.000441, according to current prices.

This is pretty much everything that is known about the token.

Author: Ali Raza for Crypt-Rating.com

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Batzen
StartAugust 30, 2019
EndOctober 15, 2019
Expired

Judging from the information that I could gather from the review (the project's website is currently inaccessible) Batzen will be focused mainly on the Indian users and consumers with little to no ambition of going global. It means that there's literally no point in investing in this platform since I am residing in Europe. I am not really sure about the degree of crypto adoption in India, though it can't be really high. Besides, I've heard the news that their government wants to punish crypto owners, so I wonder how Batzen is planning to overcome this legal scrutiny.

NikolaiIII   September 29, 2019  


The project has a good enough vision, and it is definitely more than likely that put BTZN on the map if the token ends up being accepted. However, the lack of information is more than a little concerning. Another red flag is the fact that the project's website cannot be reached, meaning that most of the information about this relatively unknown project is unavailable.

ktulhu   August 29, 2019  


It might even be possible that the project is no longer active, despite the fact that it is in the middle of its ICO. If this is not the case, then they might be having management problems, which does not seem encouraging.

j0nyca$h   August 1, 2019  


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