I have been posting a lot about Zen – a privacy coin that came into existence back in 2017 as Zencash and in 2018 it rebranded to Horizen in tune with the expansion of the project into a all-round platform that offers a variety of layers and features which go beyond the monetary use of Zen as a coin. Horizen’s ecosystem includes a technology platform for building dApps, sidechain solutions that enables the connection of bespoke blockchains to the Horizen mainchain and ZenChat – a secure messaging service – censorship resistant, private and encrypted.
I will post my latest interview with their main developer here on my blog very soon, but this post is about their latest incentive – Giving Away ZEN (coins) for FREE to users worldwide. So, let me take you through the process which is very simple:
The ZEN faucet went live just a few days ago and you will find it here.
For those who aren’t aware what a faucet is you can find it explained in my kindle book “Crypto Jargon A-Z : Definitions of Crypto Terminology” but in simple words, it is a website that awards users free coins in order to create awareness and increase the popularity of a certain coin. These giveaways are random (small) amounts of the cryptocurrency in question and in the case of ZEN here, they occur EVERY DAY.
Every 20 hours to be more precise.In order to get these free rewards, follow this link : https://getzen.cash/auth/register?ref=124527
You will be prompted to register but the only details they ask for are first name and email address, so there’s no elaborate KYC process or anything like that.
The next step is to confirm your email address (bear in mind that currently they allow gmail only) and you’re all set.
Once you have completed the steps above, you can go and claim your daily ZEN for free.
I use this service with my Coinomi wallet but you can also get the official ZEN wallet directly from their website.
You can also use an exchange wallet such as Bittrex if you are a member but in this article I will show you how to set up a Coinomi wallet which is the one I used.
Once you’re in the app, you will need to add the coin to your account. Here’s how to do this:
First you’ll select “add coins” because ZEN is a coin, not a token, then you scroll down through the list of supported coins to find Horizen (ZEN is the currency of Horizen).
Once you add the ZEN wallet you will be sent into the main screen of the wallet which will be empty of course. Now you need to add some ZEN and to do this you will need to copy your wallet address and go to the Horizen faucet to claim your free zen rewards.
Follow these steps:
After you copy the wallet address you will go to the faucet website, paste the wallet address in the window and hit “CLAIM”. You will be prompted to sign-in at that point, so make sure you have already completed the registration stage and confirmed your email too. Once this is done, your ZEN rewards will be in your wallet within a few minutes.
And one more thing: if you claim these every day, you will receive a bonus : for each consecutive days (up to 5 days) you are awarded and you receive extra:
Day 2 you receive x1.2 compared to day 1
Day 3 you receive x1.4 compared to day 1
Day 4 you receive x1.6 compared to day 1
Day 5 you receive x1.8 + a Bonus Round where you can earn up to 1 ZEN
Day 6 you receive x2 compared to day 1
It’s worth setting up a daily reminder about this so you don’t miss a day because that would reset the bonus counter if you miss a day. The Bonus Round is really the one that makes the biggest rewards as you can earn 0.0025 or 0.10 or even 1 ZEN and in my experience 0.10 is not that unusual so try to get these bonuses and don’t miss a day. Here’s a screenshot of my most recent rewards, the bonuses stand out.
This is the whole process. Just set a reminder to go back to this website the next day and claim your next reward. This free reward is a small amount as I mentioned, but remember, this is a reward you will be able to claim EVERY DAY, so good luck and let me know in the comments if you have any questions.