In the processes of Software development, the motivation of the investors and the developers are very necessary for the completion of the project and its common in the current models of development we have in our present day. The reason why is that Software development is very demanding and requires constant attention for the designing, programming and testing of software. To ensure that these software are of the highest quality and calibre, a Software Development Life Cycle (SDLC} was developed to make sure that it uses the cheapest cost and a faster deployment time to make a high quality software. This SDLC framework is very important as it comprises of the development, maintenance, supervision, and testing of the software.
Zancoin was developed with the sole aim of motivating and making the investors and developers to be more committed to the Software development life cycle by the integration of Blockchain technology. The existing business model is called ZANFAU Ltd. and they are a company that specialises in consulting and software development and through the application of blockchain, ZANCOIN was born making it a more efficient, faster and newer model. The developers and investors are being paid in the form of a cryptocurrency called the zancoin and they can either choose between two options:to either cash out or buy back into the organisation to ensure its development.
With the introduction of the Zancoin, the advantages include
- Very speedy and timely payments
- The payment is tax free
- Buy back option that saves the coin in the platform and enables it organic growth.
- Dividends are being paid to holders of the zancoin from each product sale.
- It increases the motivation of the employees.
Zancoin Token and ICO information
Zancoin is an ERC20 token that's based in the ethereum blockchain technology and the Initial coin offering of the zancoin is taking place at the moment. It's being sold at a price of 1ETH to 1200 Tokens. This is just the round one of the ICO token sale and it ends on The round two of the ico token sale starts on June 2018. The round two of the token sales starts in 1st July and ends in 8th July 2018.
The funds that are gotten from the ICO will be utilize to fund and support the Zancoin project and if the tokens aren't fully sold at the ICO, the remainder will be burned.
The total supply of the Zancoin is about 17,148,385 tokens and the way it's shared is as follows;
Investors - 70%
Bounty and incentives - 10%
Team - 15%
Reserve - 5%
A short video of how the Zancoin model works
Video credit - Zancoin YouTube Channel
Conclusion
This project will be of a benefit to users as it makes a community of people who benefit from the development of softwares, while making profit in the process through the application of the blockchain technology into its existing practices. This will take security consulting and software development to a whole new level and make it faster, better, efficient and supported by very serious and dedicated people.
Website: https://www.zancoin.tech/
WhitePaper: https://zancoin.tech/uploads/ZAN_Whitepaper.pdf
Telegram: https://t.me/zancoinofficial
Facebook: http://facebook.com/zancoin
Twitter: https://twitter.com/zan_coin
Medium: https://medium.com/@todor_16213
ANN: https://bitcointalk.org/index.php?topic=3255486.0
Author - hamzeto
https://bitcointalk.org/index.php?action=profile;u=1189991