ZYPCOIN

in blockchain •  7 years ago 

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Zypcoin is a cryptocurrency based on the Ethereum blockchain which will serve as a medium of exchange and utility token for the Zypcoin ecosystem. Zypcoin is an ERC20 standard token that establishes a common set of rules for tokens issued on the Ethereum blockchain. The borderless nature of cryptocurrencies allows for value to be exchanged within minutes using just a user͛s mobile phone. As such, Zypcoin serves to tokenize a user͛s mobile number, and allows users to purchase supplies, services, and products within the ZYPLINE network.

In the future, Zypcoins will be the only way to establish online pages attached to a mobile phone number. Users wanting to create their page on Zypcoin would be required to purchase through the Zypcoin website, application, or through an approved ZYPSTATION or partner, who can transfer fiat to Zypcoin in real-time and establish a ZYPLINE page in minutes.

Once the flyer e-commerce product is available to the global market, Zypcoin will likely be the primary medium of exchange, allowing for a seamless and user-friendly experience when purchasing through a ZYPLINE page attached to a mobile number. The use of Zypcoins allows for merchants and local business anywhere to accept cryptocurrencies using just their mobile number.

The Zypwallet will allow users of ZYPLINE and holders of Zypcoin to send and receive view their balance, view their transaction history, and more. The Zypwallet and Zypcoin serve as the gateway to the ZYPLINE ecosystem and grants access to their global network of users and partners. The Zypwallet will also allow users to receive rewards and promotional tokens through the Zypcoin Community Fund.

The Zypcoin Community Fund will be used to incentivize participation in the ecosystem. Tokens are used to fund community initiatives and specific future developments. Tokens will also be distributed directly to participants in the Zypcoin network based on predetermined events and initiatives directly benefiting the ecosystem.

Zypcoin will fuel the distribution and expansion of a patented and operational product and network with applications that are relevant to global markets. One of the major values and unique advantages of Zypcoin is its versatility and unlimited potential uses within the ecosystem and in adjacent networks. Systems will be developed to distribute tokens based on various contributions to the network. Additionally, user kits and instructions will be available to inform all participants of how they can benefit the ecosystem and how Zypcoin can benefit them.

Zypcoin Rewards and Loyalty Programs

Rewards and other programs will enable participants in the network to obtain Zypcoins from contributions to the network and ecosystem. Once obtained holders of the zypcoin tokens can decide what they want to do with them; use them to pay for goods and services inside the network or hold onto them for future use

DIRECT: IMMEDIATE

These programs will be first priority for development and are already in the planning stages.

Rewards to various partners and participants in the network that increase the use of the Zypcoin.

Currently these are:

• Distributors, Agents and Partners earn Zypcoins for the registration of a mobile number and associated content and uploading any new user to the network

• Shops, partners and various organizations that are part of the user͛s normal business activities that upload content; for example, a handicraft supply store.

Zypcoins may be used to pay at distribution centers for general postings, key word tags, flyer creation and other services that enhance their online business profile.

DIRECT: FUTURE

• Loyalty programs for various businesses. For example, restaurants, wine bars and similar establishments that have daily specials that users could view, reserve or purchase, and each interaction would have a Zypcoin reward.

• Venues themselves would also earn token rewards which can then be used to purchase products, supplies and perhaps compensate workers.

• Third party users such as restaurants. Managers could sign up for program online and self-subscribe to the various offerings.

• Catalog purchases. Zypcoin will have an executive manager and staff to create andmanage an online catalog for users to purchase goods and supplies with Zypcoins.

• For use as part of acquisitions and token roll-ups

INDIRECT

• In the future, tokens may be used to reward for user-created applications

• Users may also find new uses for ads

• Other channels of info can be offered

• Existing token holders get 2x on bounty

• A new product for Zypcoin could be designed, suggested, and rewards given

• Zypcoins can be used in a local network for business offerings of other users

• Call beauty salon... see specials and available time... make an appointment, get a reward!

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USE OF PROCEEDS

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Anticipated Use of Proceeds:

Product/Software Development (35%)
Much of the proceeds from the fundraising will go directly towards product and software development and includes funds which will help Zypcoin introduce, innovate and improve its product offerings.

Marketing (25%)
Marketing is an essential business activity which drives users and partners towards a business or product. This portion of the budget is reserved for expenses related to driving awareness towards ZYPLINE.

Operations/ General & Administrative (30%)
These funds will go towards the company͛s main operating expenses which ensure the continued growth and maintenance of the organization.

Legal & Contingency (10%)
This portion of the budget is allocated for unforeseen or legal expenses.

ROADMAP

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ZYPCOIN TEAM

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ADVISORY TEAM

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For more information, please visit:

Website: http://www.zypcoinpresale.com/

Whitepaper: https://zypcoinpresale.com/wp-content/uploads/2018/04/ZYPCOIN-WHITE-PAPER-4.9.18.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=3273210.msg34125974#msg34125974

Facebook: https://www.facebook.com/Zypcoin/

Twitter: https://twitter.com/zypcoin

Telegram: http://t.me/ZypcoinOfficial

Author: Crator Touch

My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1612381

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