Is the Horizen token (ZEN) positioned in such a way that the good things envisoned in the quotes above, will force the price of the coin upwards as businesses use the Horizen tools and the Horizen blockchain?
Or, can they use all the things talked about in the quotes above without their use directly affecting the adoption and price of the ZEN coin?
- "Sidechain will increase the demand for our native cryptocurrency – ZEN, because ZEN is required for transfers between the sidechain and the mainchain."
- Greater demand for nodes could come directly from Horizen Lab's efforts to bring hundreds or thousands of new sidechains. So far node owners were incentivized with 10% of each block. Now Horizen’s Super Node operators will benefit from those new integrations. More benefits, more nodes.
- With more nodes, less ZEN will be available on the market, more nodes, stronger network, stronger network more space for various applications built upon this platform and we completed the circle.
- Horizen Labs will continuously seek new partnerships and new integrations.
- Finally, those nodes will have real-life usage and will directly influence the shaping of the project in the future.
** From my perspective this will definitely increase the value and usage of ZEN. This is my opinion and certainly is not an investors advice!