While there are many strategies to investing in Crypto when it comes to actually spending it within the crypto ecosystem we are very limited. For this reason, many of us are HODLING and hoping that one day we will find a solution for an easy crypto to product platform. For now, if I want to have some fun and spend some of my Crypto I need to convert it to fiat before spending, this obviously entails fees and can be a slow process. I also believe that going from crypto to fiat actually goes against the spirit that it was originally intended for and that was to provide an alternative to fiat and the dinosaur of a banking system that is currently in place. Yes, there are a number of small businesses willing to take crypto online and offline they are far and few between and you are limited to what you can buy. Until fairly recently it was a pie in the sky dream to be able to buy products from Amazon or buy coffee with crypto from Starbucks. But finally a solution is on hand and its called Zeex. With Zeex using their token called ZIX you will be able to buy a gift card from over 350 different retailers [with many more to follow] and use it to buy the product or service you need. This will be a 3 tap experience that will enable crypto to product with no fees or fiat involved. This is done by utilizing gift cards on a decentralized platform. For an example how Zeex works; Let's say you want to buy coffee every morning for a month or so. At Starbucks, it'll probably cost you around $100-$200 (depending on how froofy your frappucinos are). So, the first time you want to pay for a coffee, just buy a $200 Starbucks gift card from the Zeex app. Then, use the gift card every morning at Starbucks with a scannable code on your phone. When the gift card is empty/used, buy another one! Zeex will be holding their public token sale in May and then will have an actual live working platform available to use shortly after the end of the token sale. You can check out their website here; https://www.zeex.me/I'd be interested in what others think about Zeex or if you know of other platforms that provide anything similar. |
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Hello  The problem that is currently plaguing blockchain and cryptocurrency mass adoption is ease of use as well as real use-case scenarios. Cryptocurrencies currently are being used as a speculative investment rather than an actual 'currency' as the word states. While more and more retailers are accepting cryptocurrencies, there is no easy on-ramp for retailers and brick & mortar stores to accept crypto, as well as the intense volatility is not attractive if the business does not understand blockchain or believe in the future adoption. So far there are only a few actual ways to spend crypto if the retailer does not accept cryptos. You can join an exchange and sell your crypto to fiat on exchanges such as Coinbase, Kraken, etc. This is tedious and means you have to plan how much money you need to spend prior to actually spending it. TenX, Monaco, Centra, Shift, etc. are all solutions which made promises about credit cards which are linked to your crypto wallet, so far none of them have actually delivered on their promises. Mainly due to regulation problems. VISA and Mastercards stance on cryptocurrencies is most likely one of the major reasons all of these companies have failed to deliver the so-called cryptocurrency debit cards. Fast forward to right now. There is still no easy way with no transactional friction (fees, etc) to actually spend your cryptocurrency. But Zeex has an answer which lies in corporate currency aka. gift cards! zeex.mehttps://bitcointalk.org/index.php?topic=3109781.0Simple shopping with crypto. No KYC/Whitelisting, no exchange fees, no long processing times. This is the solution which will help put the currency into cryptocurrency and allow us hodlers to actually spend cryptocurrency in small or large amounts at retailers and sites such as Amazon and Starbucks. Even once there is a great solution for spending cryptos, gift cards are generally offered by companies at a discount, so Zeex will really be a great way to spend! Great post, the greater the ease of being able to spend crypto the more it will become adopted by the mainstream. We need more platforms like Zeex to get Crypto to the masses. |
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Will I be able to say if I have a used giftcard still sell it to someone and how will that work?
Yes, this will be an option in Q4 2018 it, using smart contracts it will be private and secure. Check out the roadmap here https://www.zeex.me/#roadmap |
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Announcing Zeex's First Telegram AMA with CEO Guy Melamed Wednesday the 25th at 3:30-5pm Israel time Join our chat now ( https://buff.ly/2vqXjAy) and get your questions ready to go! Please note this is a revised date and time from our original announcement |
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I know you already got some huge name brands on the roster, but what guarantee do we have that you will continue getting big brands?
Great question! As you may know, our sister company Zeek, is providing us a great foundation for us to build upon as it is a world leader in the gift card marketplace and already has very strong existing relationships with the largest brands in the world. Also, all companies/brands are welcome to our protocol! As a platform we are always looking to bring aboard more providers. The Zeex protocol will allow any brand or gift card provider (like Zeek) to seamlessly sell their products for crypto. We believe this will incentivize them to use the Zeex protocol thus expanding the list of brands available on our platform Are you in any kind of negotiations with other gift card providers? We have many interested parties and will let you know when we're launching them! |
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I know you already got some huge name brands on the roster, but what guarantee do we have that you will continue getting big brands?
Zeek will be the first gift card distributor to use the Zeex Protocol and they already have plenty of top name brands that you will be able to buy gift cards for. Zeek have been around a while and are growing bigger on a yearly basis. We don't see any issue in attracting more gift card distributors to the platform as it will be a win-win situation. |
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This doesn't get asked enough on project threads but who are your blockchain developers and what experience do you have in this space?
You can check out the team here https://www.zeex.me/#teamPlenty of experience in the Blockchain and Gift Card space. Ilan Schifter and Ziv Isaiah are both highly experienced tech moguls with deep knowledge of blockchain. All of our team members are crypto enthusiasts at the least. |
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How retailers get their money from ZEEX? When and how if country forbid transaction from exchanges for crypto?
Retailers will be paid in Zix tokens which they can do with as they like, hold or exchange for fiat or other Cryptocurrency. We're partnering up with Bancor which will allow all tokens in Bancor's liquidity network (50+ ERC20 tokens to date) direct conversion to ZIX. |
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Does Zeex have a plan to prevent pump & dump and price manipulation after the token sale?
We as a company cannot discuss price or trading as ZIX is a utility token, not a security token, but in general, due to the decentralized nature of the application, it is impossible for the company to prevent users from performing actions. The company will hold 10% of tokens in escrow and the core team members will be restricted from flooding the market with their tokens as well. |
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Will you have masternode ?
No masternodes at this stage, but it is something that we will definitely consider later on |
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Does anybody know what wallets are compatible with ZIX?
It is an ERC20 coin so it will be compatible with any wallet that holds Eth such as My Ether Wallet and of course hardware wallets such as the Nano S. |
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Are there any plans to cover windows phone too,when it comes to app?
Not really but you will still be able to use the web app shortly after the end of the token sale |
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I see that in April you plan to have web-based app for beta group. Is it possible to apply for it?
I think someone from the team mentioned earlier that it will be tested internally at first,and later on we might expect open beta. That's correct. |
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A friend of mine who creates youtube content on crypto news just brought out a video talking about zeex so i had a search here on bitcointalk to get more opinions and also wondered if there was a bounty campaign at all? I really love the idea, everyone needs crypto spending application since right now there isnt much, so this is gold Someone let me know if theres a bounty canpaign for zeex. Id love to take part and help get the word out. Can you share us that video maybe,so we can see it?Thank you Maybe this one https://www.youtube.com/watch?v=-Py4wwcH-R8&t=3s |
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Can we expect bounty campaign to start soon?
It should be soon. We will let everyone know on our social media channels and here as soon as it happens Will i be able to join the bounty campaign,since i have newbie member rank? Usually bounties don't allow newbie ranks to join the campaign as it could lead to manipulation, but we will see. We should have some details for you all soon |
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Can we expect bounty campaign to start soon?
It should be soon. We will let everyone know on our social media channels and here as soon as it happens |
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Regarding the beta testing questions, we have our own internal team doing this. If this changes I'll let you all know We can expect open beta as planned in the roadmap? Yes, the roadmap is as planned. The web app will be available shortly after the end of the token sale. |
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Regarding the beta testing questions, we have our own internal team doing this. If this changes I'll let you all know |
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I am following your project, it says that you want to get bigger than Amazon, in the near future. It is a big challenge, but i don't see any articles in press about zeex???
Zeex is not a competitor of Amazon. The Zeex protocol is enabling direct conversion of cryptocurrency to products, without using fiat or taking any fees, through the use of corporate currencies (or gift cards). Zeex enables you to purchase corporate currencies from many distributors and retailers (like Amazon), direct from crypto. Here is a great medium article summing up Zeex's functions and goals: https://medium.com/the-zeex-protocol/zeex-crypto-to-product-no-fiat-no-fees-872602f1faa3---ZEEX Team Member--- What I got from it is that your plan is to be the main crypto partner to big brands, not to their competition. yes sort of the goal is to facilitate the use of crypto by gift card distributors I also don't see a collaboration between the two... but some sort of deal could always be arranged. yes sort of the goal is to facilitate the use of crypto by gift card distributors |
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