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Hello Zerobank founders and supporters, Our team just wrote up an ICO review for Zerobank, here’s a quick overview: ZeroBank is perfect in merging the differences between traditional and modern remittance services, or funds transfer. Although cryptocurrencies are not yet recognised as fiat money, ZeroBank has made it its duty to protect many consumers who participate in the Crypto market We’d love your input and comments https://www.globalfromasia.com/investments/zero-bank-ico-review/Thanks! I believe it is not quite accurate to refer to ZeroBank's duty as to protect consumers who participate in the crypto market because ZeroBank is not any kind of ledger. ZeroBank is more about an application and platform that allow more secure, convenient, and cheaper money transfer. As for our customers, they don't need either to know or own any token at all, since that is settlement instrument used by our agents only.
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Sharing economy is very likely to be the model of the future, still it can has shortcomings. For example, it will be harder to guarantee the safety of both end-users and direct service providers such as drivers in Uber case and agents in ZeroBank case. Therefore, ZeroBank has the KYC procedure and the rating function to measure the trustwothiness, speed, and altitude of its agents towards end-users.
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Well, in the KYC process, the ID is carefully verified to match other given information and checked its the validity. So those who don't pass KYC might had their photos of their IDs to blur to be seen, or have expired or mismatched name, etc.
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How big is community which supports the project? How many thousands of people?
ZeroBank's Telegram channel has 50000+ members. Other than that, there are different communities on different platform as well.
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How can i contact developers? I have an interesting marketing idea))
You can contact ZeroBank via email: contact@zerobank.cash. Can you be more specific on your idea and what you believe it can achieve.
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Can I take part in all the 3 rounds of the bounty campaign?
So far, I believe that you can take part in all three of those.
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What bonuses are available for ambassadors of the project? Will everyone get 50% for purchase of any number of tokens?
No, depend on the amount of tokens purchased, different investors will be awarded different amount, the more you invest, the more you will get. And the maximum percentage will be 50%.
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The current transaction commissions - 5-10% - are too big… ZrtoBank promises to reduce them to 1-2%. Due to what is it possible? It’s just a revolution approach!
Such smaller transaction free than traditional banks and money transfer organizations is made possible by eliminating unnecessary process, centralised organizations and utilizing innovative technology to cut down cost.
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Will we see tokens on Bithumb? You know, this is project’s region of origin.
ZeroBank will be listed on some exchange in the near future, not specifically on which and when, so please stay tuned for more information.
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ZeroBank has 3 co-founders. You can find more information about ZeroBank team at: https://zerobank.cash/ , section Team.
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Tell me pls, where the project is registered? The info that could be found on the Internet was discordant, at the same time, i saw that the project was going to work all over the world.
ZeroBank project is registered in Singapore.
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Will ZB help to create cryptocurrencies? For example, to create agrarian settlement’s own cryptocurrency?
Can you give more clear and specific ideas about your question, I don't quite understand the second part.
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When did the project started working on its own blockchain? When will the main stage of this work end?
For now, ZeroBank utilizes the Ethereum Blockchain and the development of its own will be condider in the future, depend on the spread, amount of customers , the system, etc; and will be announced when appropriate.
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ERC223! I’ve never heard about this type of tokens yet. What does it give to the project?
Compare to the commonly used ERC 20 standard, ERC223 is backwards compatible with it meaning every software that supports ERC20 will also supports ERC223. The biggest change is that ERC223 no longer allow token to be transferred to a contract that does not allow token to be withdrawn meaning if someone send their token into such contract that has not allowed anyone to use it, the token will simply be locked and can never leave that contract. It can also save transaction fees in terms of gas.
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How fast will transactions be made in the system? Is it possible to compare the speed with well-know system’s one?
In the system, the transaction could be done near instantaneously as the password checked out. The only time end-users would have to wait is for the receiving agents to deliver the money to the agreed locations.
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What bonuses are available for registration in the role of investor? I’m ready to make a considerable investment.
There is an increase in the additional amount of tokens you get the more tokens you purchase during the Whitelist. If you wait till the Pre-ICO, that percentage will drop and will become 0 in the ICO.
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I tried to understand the bank’s operational model… I cant figure out what’s the role of shops and services like taxi. What’s their role?
Well, first ZeroBank isn't a bank as the aim is to eliminate the need for centralised organization. If you don't understand the role of shops or taxi drivers, when someone go to their shops or on their taxis, they can receive the money and send somewhere else or give the customers the afore-agreed money via ZeroBank's system. Check out this vedio if you haven't already: https://www.youtube.com/watch?v=mFYw7MGuw7o&t=126s
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What are the main costs in traditional transfer systems? Spreads? Paying salaries? Which elements won’t be presented in ZeroBank systems?
In traditional money transfer system, there are many processes, which will cost a great deal of money, from 6 to 10% of the amount transferes. THose cost could be cash handling, transfer cost, exchange rate differ between countries, double exchange rate for uncommon currency and so on. ZeroBank aims to eliminate most of that by just having commission fee, intended to be about 2%.
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Yeah, all of the newly publicly acknowledged technologies and economic models can be applied to most aspects of our life. This mean that bank can use them, But, However, for large enormous banks to change their entire system and for the security of their huge transactions as they would be published on Blochchain to be ensured, it wouldn't be an easy task. And also, such banks would need huge networks of miners, which are temporary inadequate and would still be hard to build in the future.
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