Some of you EOS fan boys might of noticed you received 31 ZKS token the other day (it might still be on going so dont panic every account is getting the airdrop) and might be thinking what the heck is ZKS and why 31 tokens. Well i can answer what ZKS tokens are but have no idea why 31 token were airdropped.
What is ZKS
ZKS is a token that is redeemable for 3 hours of CPU/NET bandwidth staking. Its a simple concept you send 1 token to them on the website (picture below) and in return you will receive 0.9 EOS of CPU and 0.1 EOS of NET staked to your account for 3 hours. Personally this has come at a good time as my second account i use to log into all things dodgy doesn't seem to be keeping up with my EOS Knights lately. Anyone else notice you dont get as much CPU bandwidth as before? (i only have 10 EOS staked). Anyway back to the review the idea is to make it super easy for Dapps to offer extra bandwidth to customers whom might need it to play there game. Something like BetDice i could see offering ZKS.
Tokens
Initial supply 1 billion
Max supply 10 billion
Inflation rate is set at 5% per Annam
31 Tokens will be airdropped frequently to all EOS accounts with more the 0.1 EOS so no need to HODL tokens.
Token Economics
How can they afford the RAM for consistent airdrops well that is simple its not actually an airdrop its an "airclaim" looks to me that they send you the tokens but then you need to claim them to actually have them i tested it out and it takes up RAM 0.24 KB so the same as a normal airgrab. So its an airgrab with a fancy name. They also plan on making deals with dapp so i guess they can sell them and they will probably get listed on exchanges. As mentioned in the white paper if ZKS is in high demand you are not guaranteed to get the extra bandwidth due to limited resources.
Road Map
Conclusion
Its a good idea that will help alot of people including myself. Unless you are having constant problems with bandwidth then i wouldn't bother airclaiming ZKS as its just eats up RAM, better off using CPU emergence for one offs.
Website https://zks.one
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I don't need eos resources, and less do I need a competitor, that puts pressure on my own leasing rates ;)
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haha thats one way to look at it. btw its on newdex now
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Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.
Here is my invite link: https://initiativeq.com/invite/rgQl3aj3Q
This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.
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