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My Solid Coin id 5d165689851c9 This Wonderful Concept I just Loveit |
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        Miracle Tele is the world’s first fully operational mobile virtual network operator (MVNO) that provides high-quality international call and browsing services in one SIM card available in 163 countries, making it possible for its clients to earn biweekly rewards thanks to the tokenization of the company’s assets in Ethereum blockchain.
TELE tokens are the foundation of our blockchain powered mobile ecosystem and all members of our community who hold TELE can stack them. Similar to Proof of stake algorithm, stacking was implemented so that all Miracle Tele users can get token holder rewards.
The reward calculation formula is based on the growth of our telecom network and every two weeks we distribute 40% of our net profit on the telecom services between all those users who have stacked their tokens.
Today we are launching the second stage of our bounty campaign—the first one becoming a really massive happening that got over 1000 people together on over 200 pages of our thread—commemorating our April’s one year anniversary, commencement of the stage two of our token sale, and our oncoming expansion to the countries of Africa.
'  Sign up and join our MASSIVE AIRDROP HERETERMS & CONDITIONS OF BOUNTY PROGRAMWEEK STARTS ON THURSDAYS 12AM GMT +1 AND ENDS ON WEDNESDAYS 11:59PM GMT +1TOTAL OF TOKENS AVAILABLE FOR THE BOUNTY CAMPAIGN: 1,250,000 TELE
Signature campaign: 500,000 TELE (40%)
Facebook campaign: 250,000 TELE (20%)
Twitter campaign: 200,000 TELE (16%)
Content campaign: 150,000 TELE (12%)
Telegram stickers campaign: 100,000 TELE (8%)
Translation campaign: 50,000 TELE (4%)
The participant stakes will be counted weekly and the bounty rewards will be sent to the participants within 40 days following the completion of the bounty campaign in TELE tokens. The bounty campaign will last two months and will end on 28 May 2019.
1 STAKE = 1 TELE TOKEN
If you have any questions concerning participation in the Miracle Tele bounty campaign and referral program, please be sure to send us a message at bounty@miracletele.com.  You MUST join Miracle Tele group in Telegram in order to be able to participate in Facebook, Twitter, and Signature bounty campaigns. Join HERE
You MUST join Miracle Tele bounty group and keep all bounty-related discusions there. Join HERE
You MUST indicate a valid ETH wallet upon signing up for the Miracle Tele bounty campaign. In case if you need to change the ETH wallet you specified upon signing up, please send us a message at bounty@miracletele.com or a PM
Any kind of cheating, use of multiple accounts, and spamming are prohibited and will result in refusal of your right to participate in the bounty campaign and referral program
Posting all your tweets/retweets/posts/shares in a single day will lead to losing that week’s stake. Repeat offence will disqualify the offending account. Please space your tweets/retweet/posts/shares
Week starts every Thursdays by 12AM GMT +1
To avoid reports being rejected, ensure you submit on Wednesday due to time zone differences
To join any Campaign, you need to post following message in thread to verify account ownership
#Joined: (Campaign Name)
BTT Profile Link:
Post Number: To get Post Number, see the sample below:  Miracle Tele may make changes in the rules and conditions of the Miracle Tele bounty campaign and referral program in its sole discretion[/size]  STAKES
200 to 999 friends: 30 stakes per week
1000 to 5000+ friends: 60 stakes per per week
How to JoinFollow the official Facebook page of Miracle Tele at https://www.facebook.com/MiracleTele/ Join Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE Submit the registration form HERESubmit your weekly activity log in this thread using the format below below: Week:
Bitcointalk Name
Bitcointalk Profile Link:
Facebook Profile:
Follower Count:
Initial Proof of Authentication Post Number:
Share Link #1:
Share Link #2:
Share Link #3:
Share Link #4:
Share Link #5:
Custom Post Link #1:
Custom Post Link #2:
Custom Post Link #3:
Custom Post Link #4:
Custom Post Link #5: Rules for Submission You must be following the official Facebook page of Miracle tele at https://www.facebook.com/MiracleTele/
You must have at least 200 friends on Facebook
The minimum of 5 shares and 5 personal posts per week is required.
Do not post all shares and posts on the same day
If you are planning to write posts on your personal page, don’t forget to feature a link to our website (www.miracletele.com) and use the following hashtags: #Miracletele, #Cryptocurrency, #teletoken, #blockchain
 STAKES
200 to 999 followers: 20 stakes per week
1000 to 5000+ followers: 40 stakes per per week
How to JoinFollow the official Twitter page of Miracle Tele at https://twitter.com/MiracleTelecom
Join Miracle Tele Telegram group HERE
Join Miracle Tele Telegram Bounty group HERE
Submit the registration form HERE
Submit your weekly activity log in this thread using the format below below: Week:
Bitcointalk Name
Bitcointalk Profile Link:
Twitter Profile:
Follower Count:
Initial Proof of Authentication Post Number:
Retweet Link #1:
Retweet Link #2:
Retweet Link #3:
Retweet Link #4:
Retweet Link #5:
Tweet Link #1:
Tweet Link #2:
Tweet Link #3:
Tweet Link #4:
Tweet Link #5: Rules for Submission You must be following the official Twitter page of Miracle tele at https://twitter.com/MiracleTelecom
You must have at least 200 friends on Twitter
The minimum of 5 retweets and 5 personal tweets per week is required
Do not post all tweets and retweets on the same day
If you are planning to write posts on your personal page, don’t forget to feature a link to our website (www.miracletele.com) and use the following hashtags: #Miracletele, #Cryptocurrency, #teletoken, #blockchain
 How to JoinJoin Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE Submit the registration form for blog articles OVER HERE and for videos OVER HERESTAKESNot accepted = 0 stakes Low rating = 100 stakes Medium rating = 150 stakes High rating = 200 stakes Submit your weekly activity log in this thread using the form below Activity LogYour blog/website/vlog link:
Initial Proof of Authentication Post Number:
Week Number:
Videos:
Articles: RULESThe content must be associated with MiracleTele and its idea The content must be publicly accessible The content piece must feature a link to our official website ( https://miracletele.com/) and Facebook account ( https://www.facebook.com/MiracleTele/) and #MiracleTele, #token, and #cryptocurrency hashtags The articles and blog posts must be at least 300 words long. Videos must be at least 5 minutes long and you must have at least 500 subscribers on YouTube/Vimeo Blogs with less than 20 followers are only eligible for a single submission. Blogs with more than 20 followers are allowed to submit up to 3 articles throughout the campaign, while those with over a hundred followers can submit an article per week. The content (images, text, video, and music included) must be unique and must not infringe anyone’s copyright rights Rating of a content piece (both text and video) will be set by one of our bounty campaign managers depending on quality and website rating. Be sure to provide us with the website traffic proof as it may influence the rating assessment of your article or video Content pieces published on new or low traffic websites/accounts will not be accepted. In order for a content piece to be accepted, the website/account it is published on must be at least 3 months old and have an acceptable level of activity Content must be unique or it will not be accepted. Plagiarism will be reported  CHINESE, TURKISH, ARABIC, HINDI, KOREAN, JAPANESE, AND PERSIAN TRANSLATIONS NEEDEDSTAKESANY LANGUAGE = 7000 stakes How to JoinJoin Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE Submit the registration form OVER HERESubmit your activity log in this thread using the form below Activity Log#Translation
Bitcointalk username:
Initial Proof of Authentication Post Number:
Language: RULESYou must have previous working experience as a translator for crypto and/or telecom projects and must be able to provide examples of such translations via the registration form. All low-quality or automatic translations shall not be accepted and may become a reason for disqualification Website translations shall be delivered via a completed .PO file without any technical errors via Google Drive Since all translation bounty participants must be approved by a moderator first, do not start to translate before the change of your status to Accepted in the translation bounty spreadsheet Only one translation language per participant is allowed Do not use machine translation or you will be reported  TELEGRAM STICKERS DESIGNSTAKESNot accepted = 0 stakes Low rating = 500 stakes Medium rating = 1000 stakes High rating = 1500 stakes How to JoinJoin Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE Submit the registration form OVER HERESubmit your activity log in this thread using the form below Activity Log#TelegramStickers
Bitcointalk username:
Initial Proof of Authentication Post Number:
Sticker pack:
RulesYou must have previous working experience as a Telegram stickers designer for crypto and/or telecom projects and must be able to provide examples of such designs via the registration form Sticker designs shall be delivered via Google Drive Since all stickers bounty participants must be approved by a moderator first, do not start to design before the change of your status to Accepted in the stickers bounty spreadsheet The content must be associated with MiracleTele and its idea In order to qualify, you must deliver a set of at least 10 stickers in high quality The content (images and music included) must be unique and must not infringe anyone’s copyright rights Rating of a sticker set will be set by one of our bounty campaign managers depending on its quality  STAKES
Jr. Member: 100 stakes per week
Member: 200 stakes per per week
Full Member: 400 stakes per per week
Senior Member: 750 stakes per per week
Hero/Legendary Member: 1000 stakes per per week
How to JoinJoin Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE Use one of the signatures published below in your signature field. Choice of the signature must depend on your forum rank Submit the registration form HERESubmit your signature campaign participation request in this thread using the form below: Signature Campaign Participation Request Form#Signature
Bitcointalk username:
Forum rank:
Initial Proof of Authentication Post Number:
Number of posts: USE OUR AVATAR AND GET 50% BONUS IN WEEKLY STAKES ACCORDING TO YOUR FORUM RANK TEXT: A Blockchain Mobile Operator With Token Rewards Rules
Your forum rank must be at least Member in order to qualify
You must not have negative trust
You must publish at least 10 posts every week by 12AM GMT time on Thursdays
Your posts published in Off-topic, Archival Posts, and any bounty threads will not be included in your total weekly post count
Spamming is prohibited and will result in your banning you from the campaign
Using multiple signatures is prohibited
Do not make all post in a single day
Complete your post before the week’s deadline
Post must be 70 characters or longer
You must contact us using this thread if you are planning to change your signature for a different project’s signature. On the contrary case, you may lose your weekly signature stakes
Signature CodesJr. Member△ M!R△CLE TELE ▌ BRINGING MAGIC TO THE TELECOM INDUSTRY ▐
[center][b][size=8pt][url=https://miracletele.com/][size=9pt]△[/size] M!R△CLE TELE[/url] ▌ BRINGING MAGIC TO THE TELECOM INDUSTRY ▐ [center][b][size=8pt][url=https://miracletele.com/][size=9pt]△[/size] M!R△CLE [s]T[/s]ELE[/url] ▌ BRINGING MAGIC TO THE TELECOM INDUSTRY ▐ [url=https://miracletele.com/register/]JOIN US NOW![/url]
▐▐ 40% Biweekly Rewards ▬▬▬ Calls at €0.2 ▬▬▬ Traffic from €0.01 worldwide ▌▌
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[color=#ec6d5a]▐▐[/color] 40% Biweekly Rewards ▬▬▬ Calls at €0.2 ▬▬▬ Traffic from €0.01 worldwide [color=#ec6d5a]▌▌[/color]
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[td][size=4pt][color=transparent].[/color][/size]
[url=https://miracletele.com/][font=arial][b][size=16pt][color=black]M!RACLE [s]T[/s]ELE[/color][/size][/b][/font][/url][/td][td][/td][td][/td]
[td][center][font=arial black][b][size=16pt][color=#4d72a9]BRINGING MAGIC[/color][/size]
[size=8pt][color=#4d73a9]TO THE TELECOM INDUSTRY[/color][/size][/b][/font][/center][/td][td][/td][td][/td]
[td][size=2pt][color=#ec6d5a]
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[td][center][font=arial black][b][size=8pt]40% Biweekly Rewards
▬▬▬ Calls at €0.2 ▬▬▬
Traffic from €0.01 worldwide[/size][/b][/font][/center][/td][td][/td][td][/td]
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[td][center][url=https://miracletele.com/register/][font=arial black][b][size=16pt][color=#58d2eb]JOIN[/color][/size]
[size=8pt][color=#58d2eb]US NOW![/color][/size][/b][/font][/url][/center][/td][td][/td]
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[td][font=arial black][b][size=8pt][url=http://][color=#58d2eb]ANN[/color][/url]
[url=https://miracletele.com/files/lightpaper.pdf][color=#58d2eb]Lightpaper[/color][/url]
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[td][font=arial black][b][size=8pt][url=https://www.facebook.com/MiracleTele/][color=#58d2eb]Facebook[/color][/url]
[url=https://t.me/miracletelecom][color=#58d2eb]Twitter[/color][/url]
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[td][size=4pt][color=transparent].[/color][/size]
[url=https://miracletele.com/][font=arial][b][size=16pt][color=black]M!RACLE [s]T[/s]ELE[/color][/size][/b][/font][/url][/td][td][/td][td][/td]
[td][center][font=arial black][b][size=16pt][glow=#4d72a9,2,300][color=white][color=transparent]...[/color]BRINGING MAGIC[color=transparent]...[/color][/color][/glow][/size]
[size=8pt][glow=#4d73a9,2,300][color=white][color=transparent]...........[/color]TO THE TELECOM INDUSTRY[color=transparent]...........[/color][/color][/glow][/size][/b][/font][/center][/td][td][/td][td][/td]
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[td][center][url=https://miracletele.com/register/][font=arial black][b][size=16pt][glow=#58d2eb,2,300][color=white][color=transparent]..[/color]JOIN[color=transparent]..[/color][/color][/glow][/size]
[size=8pt][glow=#58d2eb,2,300][color=white][color=transparent].....[/color]US NOW![color=transparent].....[/color][/color][/glow][/size][/b][/font][/url][/center][/td][td][/td]
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[td][font=arial black][b][size=8pt][url=http://][color=#58d2eb]ANN[/color][/url]
[url=https://miracletele.com/files/lightpaper.pdf][color=#58d2eb]Lightpaper[/color][/url]
[url=http://][color=#58d2eb]Bounty[/color][/url][/size][/b][/font][/td]
[td][font=arial black][b][size=8pt][url=https://www.facebook.com/MiracleTele/][color=#58d2eb]Facebook[/color][/url]
[url=https://t.me/miracletelecom][color=#58d2eb]Twitter[/color][/url]
[url=https://twitter.com/MiracleTelecom][color=#58d2eb]Telegram[/color][/url][/size][/b][/font][/td][/tr][/table][/center]  How to JoinSign up at the Miracle Tele official website ( www.miracletele.com) Start managing your referral links in Referral section ( https://miracletele.com/link/) The system is fully automatic so there’s no need to keep a weekly log. All rewards that come from your referral program activity will be credited to your account automatically and simultaneously. RulesJoin Miracle Tele Telegram group HERE Join Miracle Tele Telegram Bounty group HERE You must not register more than one account at the Miracle Tele official website ( www.miracletele.com) or try to impersonate other people or non-existent persons Referral Program Rewards10% of the total amount of every deposit made by every of your referrals. The referral funds are deposited directly to your account on Miracle Tele website. MASTER SPREADSHEET
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AtlantICO Network is international decentralized blockchain platform for wide use in the medical and pharmaceutical industry, with support in development and scaling by ministries of health, public and private medical centers and pharmaceutical manufacturers worldwide.
5% of funds raised during ICO will be distributed in the Bounty Program. The Bounty campaign will start on the 25th of July and proceed till the 31th October 2018. During this time, all participants will be able to earn “contribution” bounty. After the campaign has ended, we will distribute the entire award among all campaign participants within 3 weeks.
1 ATL = $0,046
Please note. You need to create NanoWallet NEM.
How to set up Nano Wallet NEM - https://blog.nem.io/nanowallet-tutorial/
Bounty campaign token distribution:
20% - Facebook,Twitter campaign
20% - Bitcointalk signature campaign
15% - Media (Steemit, Golos, Medium, Youtube, Blogs and etc.)
15% - Future contests
10% - Moderation
10 % - Social Media Airdrop ( Telegram, Twitter, Facebook)You can get stakes for likes/reposts and comments on AtlantICO Network Facebook page
REGISTERTerms:
Like and follow our Facebook page;
Your account must have at least 100 real friends and be public;
You can do only 1 post/repost.comment per day;
Only week to week likes/reposts and comments will be counted;
Facebook accounts must be original. Fake, dead, inactive and bot accounts will not be accepted;
Joining with multiple accounts is not allowed. Users found to be using multi accounts will be disqualified;
For getting an extra stake you must comment on one of the AtlantICO Network posts. The comment must be constructive and be at least 2 sentences. Only 3 comments per week will be counted;
Your posts must contain the following hashtags: #Atlantico (Only posts)
Instructions: Register on BountyGuru platform and connect your Facebook account - your posts and reposts will be tracked automatically!
You need to create NanoWallet NEM.
How to set up Nano Wallet NEM - https://blog.nem.io/nanowallet-tutorial/!!! PLEASE NOTE Your account must be older than half a year. The nickname mustn’t contain such words as “ICO”, “bounty”, “bounty hunter”, “cryptocurrency” and so on. The avatar must contain your real photo. The number of your posts mustn't exceed 100 per week. Otherwise you will be disqualified. If you are caught in following back you’ll be immediately banned!!!The number of stakes will depend on the amount of Facebook friends:
100-1000 Friends
Repost/post - 1 stake
Comment - 5 stakes
1000+ Friends
Repost/post - 2 stake
Comment - 5 stakes
REGISTER Terms:
Follow official Twitter page;
Your account must have at least 100 followers, and has to be public;
Only week to week likes/reposts will be counted.
Only 1 tweet/retweeet per day will be counted;
You must like the post which you are going to retweet;
Twitter accounts must be original. Fake, dead, inactive and bot accounts will not be accepted. Twitter account followers will be based on an audit from twitteraudit.com - minimum 90% real followers will be accepted;
Joining with multiple accounts is not allowed. Users found to be using multi accounts, will be disqualified.
Your tweets must contain the following hashtags: #Atlantico (Only tweets)
Instructions: Register on BountyGuru platform and connect your Twitter account - your tweets and retweets will be tracked automatically!
You need to create NanoWallet NEM.
How to set up Nano Wallet NEM - https://blog.nem.io/nanowallet-tutorial/!!! PLEASE NOTE Your account must be older than half a year. The nickname mustn’t contain such words as “ICO”, “bounty”, “bounty hunter”, “cryptocurrency” and so on. The avatar must contain your real photo. The number of your posts mustn't exceed 100 per week. Otherwise you will be disqualified. If you are caught in following back you’ll be immediately banned!
The number of stakes will depend on the amount of Twitter followers:
100-1000 Followers
Retweet/tweet - 1 stake
1000+ Followers
Retweet/tweet - 2 stake You can get stakes for publishing articles or filming youtube videos about AtlantICO Network project
/forms/QwopvdNDflHmm3Ru1]FORMSPREADSHEETTerms:
Low quality articles and videos will not be accepted;
Articles and videos must be genuine. Copying graphics, text and other content is not allowed. (You can use official images, logos, graphics posted on the website, ANN thread, Facebook and Twitter);
Articles must be longer than 1000 characters and at least 85% genuine, otherwise they will not be accepted. Also in your article, you must use official logo, put links for official web site and telegram channel;
Video must be at least 3 minutes long, shorter videos will not be accepted;
Your videos must contain the following hashtags: #AtlantICO #Cryptocurrency #Atlantico_Network;
One article can be published only one time. Only 3 videos per user are allowed;
Good or High quality will be count only if you have 50 views or higher (please send screenshot to proof amount of viewers). You must have at least 100 subscribes;
The article will get only Normal quality if there is no proof of views;
If you was caught on cheating with views or plagiarism you will be permanently banned without any right to participate in media campaign again;
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You need to create NanoWallet NEM.
How to set up Nano Wallet NEM - https://blog.nem.io/nanowallet-tutorial/
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You need to create NanoWallet NEM.
How to set up Nano Wallet NEM - https://blog.nem.io/nanowallet-tutorial/
You can help the team explain to other users how AtlantICO Network works
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Disclaimer: the team can change the terms during the campaign |
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ZED Network is SaaS platform built on a distributed blockchain network using ZED cryptocurrency. We are headquartered in Ontario, Canada and target Money Transfer Operators worldwide.
Introducing ZED
At the heart of ZED Network is ZED currency which is a Cryptocurrency built on a mining-free, distributed ledger. There will be a maximum cap of 38B tokens authorized, 8 Billion of which will be sold to to accredited investors in the U.S. and Canada as well as investors other select markets worldwide.
Upon close of the token sales, ZED will also be available to MTOs to buy and use solely for utility purposes of facilitating remittances worldwide.
In the same manner that SWIFT connects banks together on a global basis, ZED Network will seamlessly connect licensed MTOs in multiple countries to become a single point of integration for multiple currency pairs.
Some of the features of ZED Platform include:
- Decentralized Platform - ZED Network is built on a network of servers all over the world and validators will be run by community members external to ZED Platform. These servers are maintained by different individuals and entities. If ZED, Inc. were to disappear, the network would continue to confirm transactions, and anchors could still integrate with the network at any time.
Distributed Ledger- ZED Network is built on a consensus of replicated, shared, and synchronized digital data geographically spread across multiple sites, countries, or institutions. There is no central administrator or centralised data storage.- Risk Mitigation- ZED is not an anonymous currency. We will target accredited investors only and perform Know Your Customer (KYC) for each ZED token/coin issued during Initial Coin Offering (ICO). Furthermore, exchanges offering ZED will be required to perform KYC validation to buy or sell ZED. Every transaction on ZED is encrypted and recorded on a blockchain that traces back to the genesis block.
- No Mining - ZED Network does not require mining, therefore transactions are faster and cheaper that BTC and ETH
- Currency Fluctuation- ZED is a free flowing currency. However, we employ hedging strategies to alleviate any currency fluctuation risks for remittances initiated with ZED for a duration of time which allows recipient to convert their ZED currency into other crypto or fiat currencies of their choosing which usually takes only minutes with little to no hassle.
- Management Team - ZED management team consist of seasoned executives with decades of experience in technology, money transfer, B2B and consumer applications.
- Market Segment - ZED believes in immediately getting ZED into circulation in the emerging market countries in Asia, Middle East, Africa and LATAM where cryptocurrencies can thrive in the vacuum that exists for financial inclusion.
- Licensing - It is our belief that as a network operator, facilitating payments between two licensed MTOs, ZED will not be required to have its own Money Transfer License. However, should any of the government jurisdictions require it, we will be in a position to apply for or acquire Money Transfer Licenses worldwide.
1- Banking Problem
In recent years, government regulations and compliance costs have created a toxic environment that is causing banks to shut down accounts of thousands of small to medium sized MTOs.
Hence, MTOs are constantly looking over their shoulders, worrying about their banking relationship, without which they could not survive.
Without a solid banking relationship MTOs are hesitant to invest in technology or innovations, opening doors for new age, digital first remittance companies such as Azimo, Remitly, Transferwise, WorldRemit and ZipZap that further erode their market share.
2 - Cash Flow Issue
These regional remittance companies are forced to create multiple Nostro accounts in every market and corridor they wish to operate in or use a network of correspondent banks all of which require significant prepaid deposits to enable same day payouts (which consumers demand).
This cash flow requirement is a major obstacles to the growth of MTOs . It is also highly inefficient and further drives up costs for end users and corporate clients.
3- Technology Challenge
Cash starved MTOs are spending most of their resources on compliance and maintaining their customer base with ever decreasing margins. The therefore have no resources to invest in technological innovations, many of whom still have no web site or mobile apps despite high customer demand.
The combination of lack of banking support, ever tightening regulations, tight cash flow and lack of technological innovation to break the cycle, have forced many MTOs to branch out into offering other services (e.g. long distance airtime, wireless phones, gift delivery, etc.), be acquired or shut down.
The impacts to customers are high fees and low exchange rates and in some cases, as in Somalis in UK when Barclay shut down hundreds of Money Service Business accounts a few years ago, was the complete elimination of remittance services to Somali which resulted in starvation and death of their loved ones back home
Our solution is to come up with a SaaS platform along with a single cryptocurrency that can be used for transmitting value between entities across the globe without actually moving funds through intermediary banks.
Introducing ZED
ZED is a cryptocurrency enabled platform that powers global money transfers in real time.
ZED Network is powered by the ZED currency, which is purpose-built for remittances, enabling instant money transfers across the world.
ZED Platform is a compliance-friendly SaaS solution enabling Money Transfer Operators to leverage leading blockchain technology to rapidly scale their business.
For small to medium sized MTOs that can't effectively compete with larger MTOs due to banking, technology and cash flow issues, Zed offers a SaaS platform built on a distributed ledger that reduces costs and transaction friction.
Unlike the current SWIFT system, the ZED Network eliminates dependency on banks in favor of a global, distributed network of licensed Money Transfer Operators to create a faster, cheaper, more transparent money transfer network.
With a single currency to manage globally, ZED is able to efficiently move capital across the world and between partners with negligible costs.
In time, Zed Platform will eliminate the dependencies that small to mid tier MTOS have on banks and reduce their operating expenses, freeing up much needed capital for growth in other markets and corridors.
Furthermore, with funds moving in both directions, ZED helps small remittance companies neutralize the significant advantages that large, global MTOs have when they “net settle” funds between their various geographically dispersed entities.
It is a little known fact that large MTOs do not actually need to move the full amount of the remittances across the globe even though they charge their customers the full FX cost. In reality, these global companies only send the net difference amount between two corridors. For example, if Western Union needs to send $1M from CAD to PHP, and in return they also have to send $750K from PHP to CAD, they will net settle and only transmit $250K from CAD to PHP.
The issue gets far more complex when these sophisticated large remittance companies, with dozens of currency traders and treasury personnel, move multiple currency pairs. For example the trade above could be changes to be CAD → USD→ PHP and the reverse (PHP → USD→ CAD) or even more complicated than that such as: CAD→ USD→ GBP→ INR→ PHP and vice versa.
Small MTOs simply have no resources to manage complex global FX transactions and they cannot rely on banks or FX intermediaries/hedge funds managers like Cambridge Global Payment with large FX margins and minimum transaction sizes.
Smaller intermediaries like Currency Cloud are somewhat cheaper but they, too, have upfront integration costs, monthly administration fees and monthly minimum fees and volume commitments that are far outside of the remittance companies’ affordability. They are also limited to a dozen or so major currencies and will not be of much use for non- prime currencies.
ZED does not require a bank account, is completely private and secure, and charges MTOs a small transfer fee of 0.25% or 25 BP after the first year of operations.
Why ZED?
ZED reduces remittance costs by helping small to mid sized MTOs compete more efficiently using blockchain technologies.
Distribution ZED Network. is a for profit company based in Ontario, Canada and the custodian of the ZED monetary system and protocol .
ZED will issue Z38 Billion coins with the following distribution:
Sell Z8 Billion in a Token Sales Event to raise money for management, growth, licensing, acquisition and expansion
Retain Z8 Billion by Company to pay for staff and operation expense
Allocate Z8 Billion for use by developers, partners and the ZED community
Release Z6 Billion for sale on a predetermined, scheduled, annual basis as outlined below
Unlock additional Z8 Billion for sale upon achieving certain volume levels outlined below
Read the rest of the White paper here: https://docs.google.com/document/d/1aBhsROQL5Cz2om7Six4sGKPLeUiNNAqVT_u0Vju-quY/edit#heading=h.1946w2x0xt96
ZEDNetwork website is open-source and on Github. Website : zed.network
The Official ZED Slack is http://zednetwork.slack.com, come by and talk with the community! The Invite link is : https://join.slack.com/t/zednetwork/shared_invite/enQtMjQ3NTc4MDc3Mzk4LTM0NjQxZjY4YTRkYzJiOWI5ZDIzMjQyY2JjYTNlZGJhMmMyZDM5ZTgxYTJkMzE2NTEyMjQ0NzJjZGEzMDQ1NWM
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