ZLF Token: Connecting a traditional e-com business to new age Blockchain

ZLF Token: Connecting a traditional e-com business to new age Blockchain

By Deba215 | DebsCorner | 15 Aug 2020


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Change is the only thing constant. Businesses which accept this philosophy and continue to adopt themselves to the ever changing global trends stand a better chance to succeed. This was the driving principle which lead to the creation of a new blockchain initiative called ZLF TOKEN. Blockchain is still at its nascent stage of growth; this however presents great opportunities to nimble and fast decision making organization to embrace this technology of the future and thus scale up to become a global organization which adds value to lot of customer’s lives.

 ZLF Token was created with an objective to connect the traditional e-com business of ZillonLife to blockchain technology thus acting as an enabler to provide services at a global scale. ZLF Token enables users to participate in the ZillonLife ecosystem as a global stake holder as well as gain access to tech education portfolio from any part of the globe. ZLF Token thus makes the offering borderless and also benefits the consumers in terms of savings on global remittance charges.

What is ZillonLife?

ZillonLife was established in the year 2016. The company was founded by a team of high achievers with experience in IT, ITES and BFSI sectors who have extensive experience in Business to Consumer B2C sales and marketing as business owners. ZillonLife’s approach was always structured to bring products to consumers more quickly than would be the case through retail stores. Instead of a physical servicing model, ZillonLife works on a 100% online ordering and fulfilment model for optimizing operating costs and making the business more competitive. The e-commerce solution allows its Franchise Owners to spend more time in customer-facing and less time in ordering, processing and administration as it is crucial, to help customers know what and how to buy. A strong team of Micro Franchise Owners, from multiple states back back-up the distribution across the country.

How it works:

ZillionLife provides all its franchises an automated individual E-store. This e-Store works like a fully functional e-commerce portal by plugging the franchise e-store to live inventory, automated dispatch & logistics, Payment gateways, Loan Solutions and placement in server. This enables the franchise to kick-start their journey in the world of e-commerce from day 1 of getting started. However unlike a traditional franchise where only transactional income is shared; ZillonLife differentiates itself by sharing the customer base co-ownership to the franchise creating the customer. This is a huge benefit because the franchise gets to start building the assets i.e customer base (which generates cashflow) while the risk of liabilities in terms of stock cost, employee cost, infrastructure cost etc is totally borne by ZillonLife. A franchise thus has the odds heavily stacked in its favor if they are able to work hard for initial few years and leverage social media to create a sizable customer base for itself. Post building the customer base the system starts to churn residual income on consistent basis even if a small % of the customer base becomes regular consumers.

Product Offerings:

ZillonLife now has 8 product verticals in its eco-system; each having potential to be a full-fledged business on its own. Here is a quick snapshot:

  1. Electronic Surveillance: A fast growing market having use-case in every town of the country and other nations. With the introduction of IoT based devices ZillonLife envisions to convert the current reactive market( where people can take action only after an incidence of break-in/burglary happening) to a proactive market (where users can take action at the time of an incident happening due to motion sensor trigger, IR vision, 2 way communication features of its devices).
  2. Luxury Bath & Shower: Inspired by other premium bath care lines, this vertical focuses on educating customers about benefits of using natural products vis-à-vis chemical based products. Also these products are not tested on animals thus contribution to the global philanthropic causes of animal protection. A fast growing market which focuses on personal hygiene, this segment has very huge consumer spending.
  3. Air Purification Systems: This is a business vertical which is growing rapidly due to the challenges of increasing pollution and air borne diseases. The growth trend is similar to how water purifier market evolved in the country. It is expected that within the next decade; most of the houses which have a water purifier will also have one air purifier in place. This makes it one of the domains which could exhibit exponential growth in years to come.
  4. Darjeeling Tea: The concept behind this vertical is to provide masses access to premium leaf tea; which currently is not easily available to consumers. The leaf teas intrinsically have a lot of health benefits ranging from cutting cholesterol to helping in weight management and controlling sugar levels due to its ability to enhance metabolism of the body. Additionally these leaves can be re-brewed making is very affordable for the consumers. A product which can be consumed in every household.
  5. Financial Services: ZillonLife has recently started with Insurance Services and Tax Consultations. It envisions providing a centralized structure to the currently unorganized tax consultancy market by providing high quality advisory and Income Tax assistance. This as a vertical has potential to cater to 5.8 crore (58 million) population of India which currently are filing tax returns.
  6. Luxury electronics: Through this vertical the goal is to cater to new age population who have interest into adventure sports, IoT devices etc. The current offering consists of adventure travel cameras, IP cameras & wi-fi connector sockets.
  7. Home Décor: A platform to connect local artists with art connoisseur.
  8. International Education: High end technical courses for the professionals and students to upgrade their skill-set and thus enhance their job prospects/entrepreneurship aspirations. With a market size of $240 billion it has got huge growth potential.

The International Tech Education product line puts ZillonLife on the global map. By using ZLF Token customer’s across the globe can gain access to these courses and also save money on huge remittance charges.

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ZillonLife Credibility:

  • Established in 2016, 4th Year of Operation
  • Registered as a Private Limited Liability Company
  • GMP (Good Manufacturing Practices) certified Products
  • Members of APSA (Asian Professional Security Association ) & IDSA (Member of World Federation of Direct Selling Associations (WFDSA))
  • ISO 9001:2015 certified company
  • Awarded amongst Top 10 “Most Innovative Retail Solutions Provider” of 2018 by Silicon Review.

 

  • ZillonLife Global Private Limited is incorporated pursuant to sub section (2) under section 7 of Companies Act, 2013 and rule 8 of Companies (Incorporation) Rules, 2014 with CIN number U74999DL2016PTC305591
  • Permanent Account Number (PAN) – AAACZ99663 u/s 139A of the Income Tax Act 1961
  • DVAT & CST registration , TIN - 07477149836 registered under section 7(1)/7(2) of the Central Sales Tax Act, 1956 wit Dept. of Trade and Taxes , New Delhi
  • Fully Compliant and adhering to Direct Selling Guidelines 2016 under F. No. 21/18/2014-IT (Vol -II) , Ministry of Consumer Affairs and the legal guidelines as mentioned in the Consumer Protection Act, 1986 (68 of 1986)

 

https://www.zaubacorp.com/company/ZILLONLIFE-GLOBAL-PRIVATE-LIMITED/U74999DL2016PTC305591

ZillonLife Media Coverage:

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What is ZLF Token:

ZillonLife is bringing in the ZLF token as an immediate use token for its first international product line – Online Education. All services within this line will be available to be transacted with ZLF Tokens.

Moreover, we see the Blockchain & Cryptocurrency market establish itself, moving forward, all new business lines as well as projects under the ZillonLife umbrella will be driven by ZLF. Existing Business Verticals, Products and Services will also be migrated to have ZLF as an underlying token for transactions on the ZLF ecosystem.

2) Furthermore, ZLF tokens, which are the underlying token within the ZillonLife Ecosystem, will be Proof of Ownership tokens. These are like stock market shares and earn dividends from ZillonLife. ZLF tokens can be owned and traded. The number of tokens held by an individual will be the measurement of ownership in ZillonLife. It will transfer 1% of its turnover to the token owner pool on a monthly basis in the form of ZLF tokens by buying them at the prevailing market rate of ZLF. The pool will be allocated to the owner’s basis their token holding ratio.

Understanding that Profit Sharing is the most important parameter for Ownership, ZillonLife will transfer 10% of its Annual Profits to the Owners of ZLF tokens .Owners will get payments proportional to their respective token balances. This again will follow the buy from market model thus creating sustained buy volume.

Minimum ZLF holding quantity to be eligible for profit and turnover share is 1000 ZLF

10% of the tokens consumed in transactions will be burnt thus creating a reduction in total supply over a period of time.

What’s Coming up next:

ZillonLife will be expanding its global merchandise offering designed to cater to current consumer needs. Another big initiative which team ZLF will be launching in the month of August 2020 is: ZLFTalks.

ZLFTalks will be a blockchain based talk show to create global awareness about blockchain. For this campaign Team ZLF has partnered with Global emcee Ms Bhavana Bhatia who is already a renowned anchor and curator of international repute. Over the past decade she has hosted many global events and speaker including the likes of Mr Changpeng Zhao (CEO of Binance), Mr Narayan Moothy (Founder of Infosys), Mrs Priyanka Chopra (Hollywood & Bollywood Star). She has done events for global brands like Accenture, Manchester United, Apple, Reliance, Samsung, Nokia, Volvo to name a few.

ZLFTalks will be a platform for emerging and established blockchain projects and enthusiasts to share their wisdom and concepts and will act as a bridge to connect with the audience across the globe. The endeavour will also be to act as a platform to spread knowledge among the masses and thus contribute towards increasing awareness and adoption.

ZLF Team is simultaneously working at the backend to forge more partnerships and collaboration to enhance usecase and adoption of ZLF Token.


In its 1st month of operation ZLF Token has witnessed organic growth with count of Dividend holders reaching 110 and the value of the token has increased from $0.032 to $0.047 which is a growth of approx: 48%.   

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It’s a small beginning with eyes set towards goal of organic growth and enhanced usage. The Endeavour of the team going forward is to help more people across the globe to use blockchain as a medium to become a co-owner of an e-com company which is young, hand working and most importantly is on a mission to spread prosperity all around.

You can follow ZillonLife at:

Trade ZLF at:

Debasish Das.

Telegram - @deba215

Twitter - @deba215: https://twitter.com/deba215?lang=en

Email – debasish.das215@gmail.com


Deba215
Deba215

An engineering graduate, post-graduate degree in management. Having spent more than a decade in financial sector, working for one of the biggest MNC banking group, i decided to pursue the path of entrepreneurship.


DebsCorner
DebsCorner

Thoughts on entrepreneurship in general and blockchain in particular

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