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ZEEPIN: Freeing the Creatives

The Zeepin mainnet launch is scheduled for August 31st, which marks the successful transition from a NEO based token into an independent platform, the Zeepin chain . With the testnet supporting up to 4000–5000 TPS, the platform is sufficiently developed to handle the current and future transaction and development needs of the Zeepin ecosystem. The platform comes fully integrated with dApps which provide users with access to the full range of services offered in the Zeepin platform. You can learn more about Zeepin dApps here

Creative thinkers provide critique, inspiration and innovation which push society towards economic and social development. The existing social and economic models have class based barriers to entry which frustrate creatives from achieving their full potential. In many cases, creatives conceptualize valuable ideas which in the end are not rightfully attributed to them. Instead, profiteering entities snatch up these ideas from their creators, who sometimes, albeit ironically, do not recognize the significance and economic potential of their inventions.

By using the Zeepin platform, creatives are guaranteed support and protection in their creative journey from the conceptualization of their projects to their realization and real world implementation. This comes in the form of copyright protection, crowdfunding and easy and affordable transaction in the Zeepin platform. Most importantly, Zeepin platform is an incubation hub, where creatives can pool ideas and resources to form autonomous for-profit organizations which benefit from its sharing economy model.

In the community on Zeepin Platform, each organization or individual will have a reliable digital identity and be able to convert innovative or creative resources into digital assets, which are secure and may be shared on Zeepin Chain, so as to reduce risks in trading between users and improve creation efficiency.

THE TOKEN ECONOMICS

The platform runs on two token types,

• ZPT is the native token of the platform, comparable to NEO and acts as a medium of asset exchange.
• GALA is comparable to GAS in NEO, it is used to fuel applications and cover network consumption

On the Zeepin platform, you can earn GALA by playing the CrypoGalaxy game, or by hosting a storage node on the GalaCloud .

Zeepin Celebrates Mainnet Launch By Giving Away GalaBox Miner

Big Data can provide key insights and fuel progress in the global creative industry. Facilitating transactions, innovations and crowdfunding needs of the global creative industry will generate a lot of data. Zeepin has preempted the data storage needs of a universal user base, and in response, has created the GalaCloud, a peer to peer distributed data storage fueled by the GALA token.

GALA CLOUD

Files that clients upload will be encrypted, split into multiple shards, and distributed across numerous nodes in the network"

GalaCloud's decentralized data storage offers unique advantages in comparison to centralized cloud storage providers.

• data privacy through encryption
• data security through blockchain's unhackable, tamper proof attributes
• substantially lower data storage costs

To run a node on the network, users will need a GALA box, a 2 Terabyte or a 4 Terabyte capacity hard drive and internet connection. The GalaBox acts as a distributed data storage miner. To satisfy the ease of use criteria, the miner comes with a mobile app which allows the user to set up a node with plug and play simplicity. Essentially, node operators earn by leasing out free storage on their hard drives.

Users pay in GALA for storage services on Galacloud. 70% of total GalaCloud revenue will be distributed to GalaBox Nodes on a weekly basis.

GALA BOX GIVE AWAY

To celebrate the launch of the Mainnet on August 31st, Zeepin is giving away free GalaBox miners. 2 rounds of free give aways are already completed.

GalaBoxes come free, if users agree to lock their ZPTs in storage for 18 months.

Giveaway program

• Phase 1: Aug 8th - 9thth. Price: 4999 ZPTs locked in storage for 18 months - finished
• Phase 2: Aug 16th - 20th. Price: 5250 ZPTs locked in storage for 18 months.
• Phase 3: Aug 21st-25th Price: 5500 ZPTs locked in storage for 18 months.

The free Gala boxes offer is only limited to the above phases, beyond which investors will have to pay for each individual box. Investors are therefore encouraged to take advantage of this limited offer by locking up the required amount of ZPT as soon as possible. At the current price of 0.046 USD, investors get a chance to win a GalaBox for less than 300 USD, all of which will be fully refunded after 18 lock up months time.

GALAHUB SELECTION

The Galahub nodes act as dedicated servers which help in coordinating the network by ensuring all devices offer high bandwidth. Galahub nodes support searching by address and perform data storage allocation in the network.

To apply for hosting a gala hub node, a user needs to lock away 400,000 ZPT or more. The selection will be from August 8th to Aug 25th with only 49 positions available.

Galahub nodes earn 20% of the weekly revenue generated from GalaCloud users at a stable rate not affected by market volatility. Hosting a GalaHub node has a projected high return on investment, with early estimates of 10X the amount of investment in GALA. To learn more, you can access the GalaHub economic paper here

EARN BY EXPLORING

Zeepin has created a fantasy universe on Blockchain called CryptoGalaxy. The game has a builtin wallet that allows the user to deposit ZPT or GALA. Currently, users can purchase planets using GALA, or mine minerals from planets. These minerals can be exchanged for GALA. In the future updates, users will be able to explore CryptoGalaxy to discover planets which can be traded between users. Additionally, users will be able to upgrade their bots to produce more minerals.

To incentivise public adoption, Zeepin will be giving away 150, 000 GALA daily to those who hold their ZPT in their CryptoGalaxy wallet from the 10th of August to December 31st. The guide to CryptoGalaxy is available here

👉 Currently, the ZPT token is listed on Kucoin, Lbank, gate.io and HitBTC

TAKE AWAY

I noted with keen interest the value Zeepin platform offers to the creative industry, especially to beginners. In a vastly competitive landscape, less economically rewarding but valuable innovations may not be copyrighted due to the exorbitant costs associated with the traditional process of copyrighting. Zeepin is an inclusive platform which eliminates high intermediary fees, thereby allowing creatives access to copyright protection in an effective, transparent and low-cost manner.

As blockchain aficionados, our speculative interests draw us to the top ten cryptocurrencies leaving little room to investigate coins with smaller market caps. In reality, the "currency" use case of blockchains is oversaturated. As of writing this article, there are more than 1800 coins listed on coin market cap. In consideration of the recent uncertainties in the crypto world, investors are beginning to see the light. The focus is shifting to platforms which offer value beyond the periodic rise and fall in prices by solving real-life problems. Zeepin is one such platform; it is backed by a solid team with rich industrial experience and a working product, with numerous applications rolled up for release.

Be part of the creative revolution by buying ZPT tokens and hosting a storage node through the GalaBox or GalaHub. This way, you can support the creative industry by safeguarding our creative ideas and data. In turn, creatives will be empowered to reach their full potential thereby ensuring everyone benefits fairly from the value of their creations.

You can join in and learn how Zeepin powers innovation by bringing trust and convenience to the creative industry. Below are the relevant community channels.

Telegram
Twitter
Website

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