Zichain provides a suite of modules for cryptocurrency financial services. Our infrastructure solutions are tailored for managing digital assets: from retail trading to institutional wealth management.
Zichain modules unleash the potential of fintech and maximize advantages of blockchain, big data, and AI. Our research and development activity in blockchain is aimed to eliminate a counterparty risk by building infrastructure for decentralized storage of assets. The fintech services are based on the best practices of the traditional financial world and offer the turnkey trading solutions to retail and institutional participants of the cryptocurrency market. Big Data & AI module becomes your digital financial advisor in the crypto world by delivering comprehensive news and market data along with suggesting proper investment decisions.
Zichain was founded by a group of top-tiered professionals from IT and Finance in 2017.
We can see immense potential in the use of blockchain technologies, and in cryptocurrencies in particular. A new wave of the technological revolution will be based on artificial intelligence, machine learning and blockchain. The latter will automate many processes and make them safe, transparent and reliable.
In the financial industry, blockchain technologies and the cryptocurrencies have been subjects of heated debates over the last few years. Today, they are seen as revolutionary innovations that can change the basics of the modern world economy. Rapid technological progress provided universal access to information and brought on globalization, but it failed to provide global prosperity. The widespread use of blockchain and cryptocurrencies will open the economy to millions of people who do not have access to traditional financial instruments or even do not have a bank account. It will completely transform the way they live and manage their finances letting them to make payments, manage their properties and receive loans.
Despite the rapid growth of cryptocurrencies, the digital asset management industry lags far behind the growth rates of the broader market. According to Autonomous NEXT estimates, there are from US$3.5 to US$5 billion of assets under management in the cryptocurrency market. This figure includes the funds of more than 220 hedge funds that invest in cryptocurrencies, asset management platforms, such as ICONOMI, as well as funds built on blockchain (Token-as-a-Service, Crypto20, TokenFund, and others)
The digital asset management industry is just beginning to emerge. The proportion of assets under management relative to the capitalization of the entire cryptocurrency market is negligible (about 1%). If we draw a parallel with the classical financial market, the volume of digital assets under management should grow 30-40 times the current number
All ratings published on ICObench serve informational purposes only. ICObench does not provide investment forecast, recommendations or any consulting for that matter. Thus, neither ICObench, nor the experts can be hold responsible for the visitors’ investment decisions. Read more
Khachatur GukasyanICO team member replied on 27 Jul 2018
Dear Clemen,
Thank you for your question and the time devoted to get acquainted with our project.
The references you asked about:
1) Total assets under management - 21.5% of the current global assets are under management (BCG Global Wealth 2017)
2) Current assets under management on the cryptocurrency market - Crypto Fund List Segmentation. Autonomous NEXT, https://next.autonomous.com/cryptofundlist/
3) The potential for industrial growth of 30 - 40 times is based on the fact that the market at the beginning of the year was just above the $ 800 billion mark, at the time of the WP publication - $350 billion, we assume that the market will return to $500-600 billion in the near future, which is exactly the 30-40 times coefficient of the asset management market potential growth.
We hope that these answer your question, but if something is still unclear, do not hesitate to contact us directly. Also, to keep you updated about our project and our steady progress, we offer you a subscription to our weekly newsletter.
ico and sto advisor Rated on Jun 7, 2018 Modified on Jun 7, 2018
3
3
3
8%
The targeted market has a huge potential as it is clear to everyone. The main question is who can conquer it. The main trend we see now there are people deeply relating to the largest cryptoexchanges (OkEx, Binance etc) who launch products based on cripto indices (index funds, for example). What I mean is that team's connections and proper crypto experience mean a lot here. They should be very strong and international (or Chinese). I dont find these key success factors here.
Khachatur GukasyanICO team member replied on 22 Jun 2018
Dear Igor,
ICOBench experts are known for carefully studying each and every ICO before publishing their reviews, giving a project certain score and leaving their comments. That is why so many people trust this ICO rating platform.
We hope that your review is not an exception, as a few key points about our project may not have been thoroughly understood.
If you are interested in asset management tools, we can organize an individual pitching for you.
ICO Consultant | Influencer | Strategy and Vision Execution | Public Relations | Crypto-funds | Blockchain Development Lead Rated on Sep 24, 2018
5
3
4
8%
Solid Business and Technology team. Chief team has a great domain expertise from their LinkedIn profiles.
Comprehensive whitepaper - well furnished with all details.
MVP is great and it seems team has put lot of effort to it
The only concern I have is - this is yet another Decentralised Asset Management - there are already plenty projects out there already in the market not doing well. It's risk of ROI.
Khachatur GukasyanICO team member replied on 2 Nov 2018
Dear Paresh,
As we know, asset management industry comprises more than 20% of global assets. However, only 3-4% of digital assets are currently under professional management. This is an unclaimed territory, a market that is not yet fully formed. Our goal is to make a product that is safe and convenient for both an investor and a fund manager – and to stake a considerable share of this new market. However, if we look at our BAMP platform, it is a prime example of how an entirely new industry can be created by technological advances. Setting up an investment fund used to be a laborious and costly procedure – now it is accessible for everyone. We believe that the key to success on this market is a secure multifunctional platform, a qualified fund manager and access to a diverse client base to increase AUM. We are not worried about competition as the potential opportunities on this new market are virtually limitless. Our goal is to provide fund managers with all the necessary tools to execute their investment strategies, and to provide investors with a choice of the best managers and protection of their investments.
Cofounder of International Consensus Association | Investor Relation | China Market Rated on May 26, 2018
4
5
5
8%
This project bring the dream service come true, if the mentioned already get license is true. The introduction video is very simple and clear so investor can get the point in minutes. But white paper is too simple and lack of some important information, especially the technology, team, marketing plan and financial outlook infomation need to provide at WP.
Khachatur GukasyanICO team member replied on 22 Jun 2018
Dear Jason,
Thank you for reviewing our project and showing interest in it!
The next few weeks are going to be packed with new and exciting updates and releases. We are sure you will find all your recommendations fully implemented and realized.
Our White Paper is currently being merged with several technical documents. After the quarterly products' report is issued the White Paper will be updated
If you still have any questions, do not hesitate to contact us!
ICO Advisor | ICO Communications Expert Rated on Aug 10, 2018
5
5
5
7%
It is a great concept and it would be a big player in the crypto asset management industry in the near future if it is implemented right.
I love the MVP which looks professional with great IX/UX but remember that security is a big concern after a number of hacks taking place even with the world largest exchange like Binance. I hope this would be addressed carefully.
Khachatur GukasyanICO team member replied on 17 Aug 2018
Dear Tran Van Tinh,
thank you for taking the time for reviewing the project. We are listening to every recommendation with great interest. The security issue is one of the most important, especially when we talk about crypto. When we started last year our project BAMP, that was one of the major issues to exclude counterparty risk and create decentralized custodian solution for asset management industry. Prior to presenting any solution to the market, we'll be audited by top-tier infosec companies to ensure the highest standards of security. In addition, our team will be joined by an experienced specialist in information security soon.
We also will be happy to provide you access the alpha version of our trading terminal that is available by request on website,
additionally the beta of out news and market data provider is available.
If you have any questions left, do not hesitate to contact us directly. If you wish to receive the updates about Zichain and our products we would gladly send them to you via email.
CEO and Founder Perhalic, ICO Advisor, Investor, PR and Marketing Expert Rated on Jun 7, 2018
4
4
4
7%
Team is good ..... Also have MVP also .... I like the explanation video it's very simple and easy to understand ..... but you have to improve your wp ... Add some technical information about the platform also marketing too ..... best of luck team ....
Khachatur GukasyanICO team member replied on 22 Jun 2018
Dear Mofassair,
Thank you for your advice! All the products’ technical documentation together with the White Paper can be found on our website. Now we have merged all of them in our White Paper to create one comprehensive and inclusive document.
After product updates (Zichain quarterly report) the WP will be updated according to the road map.
Enterprenuer | CEO | ICO Advisor |Investor | Blockchain Enthusiastic | Public Speaker Rated on Sep 18, 2018 Modified on Sep 18, 2018
5
4
4
7%
I actually do think this product is important to the market and the use of blockchain is clever. The product is commercial. Good team with a good track record. Whitepaper is very simple, need to add more information. MVP is very good. Best of luck team!!
Khachatur GukasyanICO team member replied on 21 Sep 2018
Dear Krutesh!
Thank you very much for your time dedicated to our project's overview. As for BAMP we are totally sure it's a miracle. It will be a plesure for us if you test our MVP version.
We will be gratefull, if you tell us which of key points, we have missed in our WP. We appreciate your opinion.
Blockchain & ICO Advisor, Investor, Serial Entrepreneur Rated on Aug 22, 2018
4
4
4
7%
Definitely not the first company that has come up with the idea of asset management using blockchain tech. I think they are trying to do too much and might spread themselves too thin. But having said that, if they are able to pull it off, they have a huge market to cater to.
Khachatur GukasyanICO team member replied on 21 Sep 2018
Dear Mohit,
We are glad that you dedicated your time to review our project. Definitely you are right. It is a huge market with great potential to transform sluggish infrastructure to just a commodity by using thanks to digitalizing. We started our company in 2017 and are now very far from just white paper. In almost every part of our ecosystem we are in the line of leaders in the speed and quality of product development.
1) We have realized our product with decentralized custodian solution and tools to launch a fund in 5 minutes with essential features to make the fund easy to launch and secure to invest;
2) We have presented the beta versions of trading terminals with institutional execution systems that make available for every trader to trade as a professional;
3) We have licensed crypto-fiat broker which is EU regulated.
Entrepreneur | Data Analyst | Investor Relationship| ICO Marketing & ICO And Blockchain Consultant & Advisor Rated on Oct 16, 2018
4
4
4
7%
Solid Business and Technology team with Experienced Advisory Board. KYC Done. Great Vision. Strong Community. Wish them to get proper success.
Disclaimer: This is an independent review on the ICO and does not lead to investment advice. ICOs are risky, kindly do your own research before investment.
The introduction video is easy to understand an informative. The whitepaper needs more detailed information regarding the various aspects of the project. There needs to be clear strategy in place in terms of the technology, business and marketing model.
There is definitely a large market for decentralized asset management. Though a lot of work will be needed to make this project successful.
Khachatur GukasyanICO team member replied on 31 Aug 2018
Dear Suzat,
The Zichain team would like to thank you for your comment.
We have updated our website and information, as well as, following the guidelines and recommendations left by the ICOBench experts, we introduced changes and updates to the documents, designed for the general public.
We would like to point out that certain aspects, especially the ones relating to the business plans and strategies, are not public and are not supposed to be. At the same time, our expertise, team and professionals, who join us, make it possible for our partners and counterparties to draw conclusions that we will ultimately succeed.
If you have any questions left regarding our ecosystem in general, or something in particular, do not hesitate to contact us directly. Also, with your consent, we can subscribe you to our weekly newsletter so that no Zichain updates would pass unnoticed by you.
Managing Director of tokenization.limited and icoinvestmentfund.com Rated on Jun 22, 2018
4
3
3
4%
I think they have a solid team, but most likely the team is not really a 100% dedicated to the project. I have they feeling they want to do to much. and the question is what is the decentral aspect of there solution. Its just a fintech product which kind of wants to use now and forced onto itself blockchain.
Khachatur GukasyanICO team member replied on 3 Jul 2018
Dear Juergen,
Thank you for dedicating your time to learn more about our project.
However, we would like to underline 2 points relative to the topics that you mentioned in your review:
- All our team members leave their 100% out there to launch our products and give customers easy and safe solution.
- You are absolutely right, we create products for blockchain and on blockchain.
The centerpiece of our ecosystem is BAMP. This platform allows anyone to create their own fund, no matter where they are in the world, to manage the investors’ assets. All assets are on blockchain, while the access is equally distributed in the same way. The rest of our products belong in the fintech sphere and are carefully designed and designated for BAMP and blockchain assets. Everything that we do is closely connected (if not intertwined) with blockchain and cryptocurrencies.
In a few weeks’ time we will issue a quarterly report with all the details on the progress in developing the products and plans to launch them.
If you have any questions left, do not hesitate to contact us directly. If you wish to receive the updates about Zichain and our products we would gladly send them to you via email.
Digital Strategist | Cryptocurrency Expert & ICO Advisor | The Coin Chat (podcast & YouTuber) | Keynote Speaker (Microsoft) Rated on Jul 28, 2018
5
5
3
3%
Team looks really good and the vision is huge, maybe even too ambitious. Can you really pull this off? The whitepaper is impressive from the aspect of the finance side. However I have some concerns on the lack of token economics and how the token will be used in the platform in terms of rewards, spend, and overall token utility. Thats a gap you should really try to address to make the product/platform more crypto aligned and robust.
Khachatur GukasyanICO team member replied on 17 Aug 2018
Dear Steve,
sorry for the delay with answer. Thank you so much for the time you allocated to research what our project is all about. We are working on our Tokenomy to make it more integrated with our ecosystem due to recommendations of our advisors and partners. The expanded role of ZCN you can find in Token Paper on Zichain website.
Regarding your comment about token economics on our platform, we can assure you that tokens and blockchain are integral cogs in the Zichain machine, which is powered and fueled by the principles of decentralization and tokens themselves. Our platform users will avail themselves of the advantages the Zitokens bring to the ecosystem and will not be left unsatisfied.
If you have any questions left regarding our ecosystem in general, or something in particular, do not hesitate to contact us directly. After all, we are here for experts who are interested in our project. Also, with your concern, we can get you a subscription to our weekly newsletter so that no Zichain updates would pass unnoticed for you.
Mauro Andriotto - Prof Corporate Finance | EU Commission and Big 4 Consultant | CEO @ AFS Rated on Sep 13, 2018
4
4
4
3%
The targeted market is very ambitious, maybe even too much, since the team doesn't seem to be adeguate to such a market. It should be more experienced and have international connections. Even though the vision is not the newest one, it still has potential. The WP lacks some very important informations regarding the technology, the team, the marketing plan.. the video, though, is nice, simple and concise.
Khachatur GukasyanICO team member replied on 21 Sep 2018
Dear Mauro,
We appreciate you for your review. Zichain truly believes in the high potential of the cryptocurrency market and make the best efforts to solve the problems of the asset management industry.
Our team consists of the top-notch professionals that all together total 100+ years of experience in such global companies as UBS, JPMorgan and Huawei Technologies. Last months, we also worked hard to establish important connections and partnerships worldwide, as can be seen in our Roadshow. We run the asset management business in Switzerland with counterparties from Singapore, CIS, Luxembourg and etc.
Experts are independently and voluntarily contributing to the community. If no expert has rated the ICO, only ICO analyzer's results are used. Always research before investing as these ratings should not be taken as an investing guide of any kind.
Ratings and ICO analyzer results are being updated (re-calculated) every few hours.
Bitfinex is the world's largest and most advanced bitcoin trading platform.
0.09 USD
Milestones
1
Q3 2017
BAMP
The concept of infrastructure for the cryptocurrency fund. Start of IT development.
THEINDEX.FUND
Development of cryptocurrency indices and corresponding methodology for index funds launch.
CRYPTOEYE
The concept of Information provider including news aggregator and features enabling efficient asset management in cryptocurrency industry.
2
Q4 2017
CRYPTOEYE
Alpha-version release: 5 cryptocurrency indices, crypto-wiki with 100 coins and tokens description, cryptocurrency investment calculator.
BAMP
Transformation of the fund concept to full-fledged Blockchain Asset Management Platform (BAMP) for external asset managers.
3
Q1 2018
CRYPTOEYE
Release of beta version. Release of the news aggregation module.
ZICHANGE
Company set up in EU. Obtaining of license for crypto-fiat exchange.
BAMP
MVP release.
4
Q2 2018
CRYPTOEYE
Integration of the news aggregator into the CryptoEYE. Release of CryptoEYE 2.0.
THEINDEX.FUND
Launch of first two tokenized index funds for investors.
ZICHANGE
Launch of crypto-fiat exchange. BTC/ETH/LTC vs USD/EUR.
5
Q3 2018
CRYPTOEYE
Integration of Zichange services and investment products of TheIndex.Fund.
Release of the iOS and Android mobile applications.
BAMP
Release of BAMP 1.0. Release of the trading platform supporting all major exchanges within one terminal.
THEINDEX.FUND
Launch of full range of index funds.
ZICHANGE
Extending the number of currency pairs available for exchange. Starting operations with institutional investors and corporate clients.
6
Q4 2018
THEINDEX.FUND
Start of the Index funds securitization and listing on traditional exchanges.
Setting up the legal access for investors in different countries
(US, Singapore, and others).
BAMP
Legal framework setup. The umbrella fund structure with subfunds for each asset manager on BAMP.
CRYPTOEYE
Creation of the multilingual editorial team to publish our own news and other cryptocurrency-related content. Localized website interface and news articles (2 languages).
7
Q1 2019
CRYPTOEYE
Full localization into 2 more languages. Launch of the investment products marketplace for BAMP.
8
Q2 2019
CRYPTOEYE
Development of advanced news and market data filtering to provide individual newsfeed based on an investor’s portfolio. Full localization into 2 additional languages.
BAMP
Release of BAMP 2.0. Decentralized asset storage with distributed access. Licensing as a fund administrator in the cryptocurrency market.
9
Q3 2019
CRYPTOEYE
Development of analytical platform for creating and backtesting trading strategies. 2 more languages added.
10
Q4 2019
CRYPTOEYE
Development of analytical platform for creating and backtesting trading strategies. 2 more languages added.
11
Q1 2020
CRYPTOEYE
Localization into 2 additional languages (10 total)
