โพ๏ธAMA Recap ~~ ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐
โผ๏ธ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐ ยซย ยป ๐๐๐๐๐๐๐ซ๐จ๐ญ๐จ๐๐จ๐ฅ
โผ๏ธAn AMA was held Between
๐๐๐๐๐๐๐ซ๐จ๐ญ๐จ๐๐จ๐ฅ & ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐ on ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐th, 2022 at ๐ PM (UTC) at ๐๐ซ๐ฒ๐ฉ๐ญ๐จ ๐๐๐..
๐๐จ๐ฌ๐ญ:
Good day everyone, we are happy to have Zebec Team in our Text AMA
session today. We have @prarimz with us to talk more about their platform.
Please welcome our todays Guest @prarimz from the team of Zebec..You are More than WellCome in My Community..๐๐
Here Im Starting Introductory Segment, Segment I..
Q.1- First of all, please introduce yourself to Crypto Lab. How did you get involved in crypto? What's your role in Zebec ?
๐๐ฎ๐๐ฌ๐ญ:
It's me, 0xmachina, Head of Community at Zebec Protocol. Talking about our project Zebec, Zebec is a continuous settlement protocol built on Solana with the aim of transforming how money moves on blockchain. We here at Zebec are building a revolutionary DeFi technology that empowers real-time, frictionless and continuous streams of payments. Zebec currently offers Multisig Treasury Management and Payroll solutions to Web3 projects gaining mass adoption rapidly. I learned and experienced tremendously while working over seven years in marketing, sales and public relations. Being close to technology, I have gained a variety of experience, from being a developer to being a Head of Community. With all the experience, roles and responsibilities, I am currently on a mission to advocate Web 3.0 to the technology communities by bringing in expertise in strategic community development and growth.
๐๐จ๐ฌ๐ญ:
Q.2- Now please tell us about your project and what were the initial thoughts and motives behind Zebec ?
๐๐ฎ๐๐ฌ๐ญ:
The usual method of receiving pay at the end of the month or after a set time frame has always bothered us, and we at Zebec are committed to changing that. The thought of receiving money to your wallet continuously as you are working is fascinating, and we want to make it a reality. We also provide Multisig treasury to keep your hard-earned money safe and secure from various attacks happening in the Web3 ecosystem.
๐๐จ๐ฌ๐ญ:
Q.3- There are many projects in the world and most of them are struggling in bear market. My question is why and how Zebec is unique and better than others?
๐๐ฎ๐๐ฌ๐ญ:
As a lot of projects in the world have been struggling in bear market lately, we stood up building and competing in the market. Thatโs because Zebec is very much unique from other similar looking and sounding projects. We are one of the first and few projects to offer both Multisig Treasury and continuous money streaming solutions. Despite this, the main feature distinguishing us from others is that our programmable protocol is way more advanced and we got more features in our smart contracts letting any programmers develop on top of Zebec Protocol using our own SDK. Thanks to our well-developed and managed APIs, programmers have a plethora of little features and functionalities at their disposal to create their own unique product. With over 250+ projects being built on top of Zebec, we have created the biggest ecosystem on the Solana chain.
๐๐จ๐ฌ๐ญ:
Q.4-Token economics is essential to a project. Could you introduce the token economics of Zebec .?
๐๐ฎ๐๐ฌ๐ญ:
$ZBC token is integrated within the Zebec ecosystem with it being used as fees. Revenue generated from 0.25% fees on every withdrawals/cancels off every transaction in continuous settlement protocol and 0.25% fees on every withdrawals from Multisig will be used in burning token. $ZBC has been listed in various major exchanges such as OKX, Gemini, KuCoin, Huobi, ByBit, etc. and is currently traded in high volume.
Read the Tokenomics here: https://t.co/IwKnEjGqhD
$ZBC in CoinMarketCap: https://coinmarketcap.com/currencies/zebec-protocol/
๐๐จ๐ฌ๐ญ:
Q.5- What is your most important next priority according to the project roadmap? Is the team equipped with sufficient funds and community to meet that goal?
๐๐ฎ๐๐ฌ๐ญ:
The Debit Card. Zebec is the only Solana project that has partnered with Visa. Weโre part of Visaโs Fast Track Program, the same one Chime, Stripe and Crypto.com work with for their cards. We will be releasing the Zebec Debit Card, which goes hand in hand with our Dapp. This will make Zebec one of the only protocols in the world to provide direct, real life, real use exposure to Crypto. Everywhere that accepts a Visa, will accept a Zebec card. Retail Investors will be able to manage all of their SPL crypto assets within Zebec, while at the same time Yielding and at the same time use a card to pay for real life goods and services. It will be a game changer for the Solana Ecosystem, and for anybody whoโs trying to get into crypto on a more IRL level. And yes, we are well equipped with sufficient funds and community to meet that goal.
๐๐จ๐ฌ๐ญ:
Segment I Completed...
Its Time For Twitter Segment,
Segment II
Q.1.Most of project face a strong dumps that damage project permanently . one of the main reason behind this are whales . have you any antiwhales system to secure investors and attract big communities?
๐๐ฎ๐๐ฌ๐ญ:
Yeah, in a normal case, the whales would be the people and VC funds that invested in the project in the early stage. To prevent such dumps from whales, all the tokens bought at private rounds are locked and vested.
๐๐จ๐ฌ๐ญ:
Q.2.The Zebec Pay app allows its users to automatically convert their paychecks into cryptocurrencies through the "Automated Dollar Cost Averaging" feature. How exactly will Zebec replace employees' paychecks into their proffered cryptos? Will Zebec Pay have its own DEX in the app..
๐๐ฎ๐๐ฌ๐ญ:
So, the users can select both the desired mint address from which they want to dollar cost average and into which. They can setup the averaging time which matches their paycheck time create a DCA and Zebec automatically schedules and performs the transaction till they have balance of desired mint in their account.
๐๐จ๐ฌ๐ญ:
Q.3.The slogan for ZebecProtocol is "Get Paid Every Second." Describe the ZebecProtocol process for paying employees on a per-second basis and how this will function. Also, how are they able to transfer their salary to Fiat?
๐๐ฎ๐๐ฌ๐ญ:
Payment/Payroll process in Zebec is pretty easy as you can go see it for yourself in https://zebec.io and read our docs if you have any questions. A user can even withdraw balance converting their Zebec balance into real-world cash with our fee Free Fiat On Ramp & Off Ramp service.
๐๐จ๐ฌ๐ญ:
Q.4.I read that Zebec is a Continuous Settlement Protocol built on Solana.Can you tell us why you chose to launch @Zebec_HQ on the SOLANA?What are the advantages of SOLANA in terms of energy efficiency to the Zebec?Do you see yourself collaborating with other chains in the future?
๐๐ฎ๐๐ฌ๐ญ:
The competitive advantage Solana has over other chains in terms of gas fees and transaction speed is the key reason we chose Solana. With Solana, we feel it will be simpler to scale the product and project to a wider public. With so many various L1s to pick from, it can be overwhelming for new projects, but we are pleased with our selection thus far.
We definitely intend to include multi-chain functionality in Zebec as the next important step in scaling the product even further. Talking about multi-chain support, we may have something coming up very soon so definitely follow us on Twitter to stay updated.
๐๐จ๐ฌ๐ญ:
Q.5.From your website I saw that you are using some advanced algorithms, like Bulletproofs, Turbo-Plonk, MPC etc. What these algorithm for? What benefits will users get from these?
๐๐ฎ๐๐ฌ๐ญ:
These advanced algorithms are used to encrypt smart contract inputs. This will ensure the userโs privacy and security such that the smart contracts are secure and thereโs no flaws in its security.
done.
