Decentralized Political Platform Aims to Build a True Democratic Society
Coalichain, a decentralized political platform that connects citizens to their leaders and governments, has announced its crowdsale for the ZUZ token. Coalichain offers a transparent and decentralized alternative to the current democratic system through the use of Web 3.0 features and blockchain technology. It has gained the interest of influential leaders and political parties in countries including Estonia, France, Switzerland and Australia, and will soon release the beta version of its mobile app.
The political communication platform aims to support democracy by putting democratic power into the hands of the citizens, while also allowing politicians to directly engage with their electorate on key issues. The platform empowers voters by offering features like e-Voting, real-time news feeds and voter chat groups. It also offers tools for leaders to use on the platform such as micro-fundraising abilities, blockchain powered survey distribution and marketing opportunities. The data collected can also be used to create heat maps and graphs that convey the citizens interests in the time of political discourse. Pundits in turn will have the ability to respond in real-time to any world event or queries sent by their constituents.
Coalichain utilizes Web 3.0 technology with the following tools and features:
•Communication tool: Interactive video, chats, real time feeds on current breaking news to facilitate direct interaction between politicians and voters.
•Voting tool: ID verification and a secure voting system designed for polls, petitions, local or state-wide elections, ensuring uncompromised results.
•Budget and fundraising tool: ZUZ token seeks to offer a traceable, cost-effective worldwide solution to crowdfund individual donations, releasing corporate influence and corruption.
•Accountability tool: Smart contracts submitted for campaign commitments such as budgets proposals, policies etc. If Smart Contract requirements are not met, leaders can be dismissed from their position in office.
A pre-sale ICO for the ZUZ token begins on the 28th of February and will last until the crowdsale on the 2nd of May 2018. 1,770,000,000 ZUZ will be issued, and contributions can be made in fiat money, ETH, or BTC.
Levi Samama, Co-CEO and Co-Founder of Coalichain, commented: “Our duty as democratic citizens is to elect the leaders we entrust our future and our children’s future, and will hold our government accountable. Coalichain remedies inadequacies in present-day democratic electoral system by empowering the most basic building blocks of a democracy – its citizens. Through Coalichain, local and global leaders will be given the tools to better serve their citizens and enforcing the democratic system.”