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Author Topic: [ANN] Announcing ZED!  (Read 9361 times)
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November 17, 2018, 08:14:25 PM
 #781

Want to share with all here an interesting part of the interview with the ZED CEO, Alan Safari, where he answers the question about how does he come to the idea of concept for the ZED network. This IMO shows the potential of the project at all!

And here is his answer:

"I launched a small digital Money Transfer Operator (MTO) in Canada called ZipZap which was very successful and was getting good user adoption. We were approached by a number of other MTOs in the US and Canada asking if they could license our apps to use for their own clients.
We looked at the value proposition and costs and couldn’t make the numbers work with a typical licensing partnership.  Plus, our mission was to reduce remittance costs not add to it!
It wasn’t until the popularity of tokens and ICOs in 2017 that we were able come up with a plan to license a comprehensive white label solution to the MTOs at no cost that the idea just took off.
"  


Good to know that the CEO itself has a lot of experience in running this kind of business, it will encourage people to invest in ZED because the team have experienced the problems and found a way to resolve it using modern technologies.
any project consists of idea an team behind it. Zed Network consists of professionals in field of money transferrings. They have required reputation and connections.

I agree that the team is really qualified for this project base on their past experience because they knew the problems for running a business like money transferring .

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November 17, 2018, 08:21:29 PM
 #782

Zed network is one of the best project. The company has a good grade and excellent team. I surely recommend this company will bring more profit to the investors.

Well if we are talking about money and profits, the team knows what is best because they had been on the money remittance industry before. I can't wait for the platform to be used by lot of MTO's across the globe.

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November 17, 2018, 08:25:41 PM
 #783

In this project you can learn lots about the innovative of blockchain and this is really help both members and investors. Zed network has the potential to attract more investor and that is really great.
Whatever the project or ICO is, as long as you feel that this is concrete and will have a future probably they will gain more investors.

Little by little Blockchain technology is being used by different companies because they see a lot of potential that can benefits them and also their clients or customers. Hopefully the adaptation will become much faster for the better development of our technology.

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November 17, 2018, 08:28:51 PM
 #784

Guys, is there anyone who already bought ZED tokens? Did you receive tokens immediately or do you need to wait for the completion of all sales phases?
Most of the ICO's released tokens after the sales but I'm also wondering about if ZED will issue the tokens earlier because they have a long way to go for completion of the token sale.

I guess this question has been answered by one of the admin on their telegram channel, the tokens will be distributed after the public offering which is 12/30/2019 so it means that the tokens will be distributed on early January 2020.

proof: https://t.me/ZEDNetworkInc/12961

Don`t think it`s true as they have mentioned that ZED tokens would reach exchanges by the second part of 2019! So, how could tokens be tradeable on the exchange as they will not be distributed to the investors? What is the purpose of listing token on the exchange while nobody could sell their tokens as they will be locked?

Could you clarify if the tokens will not be distributed immediately or will the tokens be locked? It is advisable to confirm your words with proofs.

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November 17, 2018, 08:29:40 PM
 #785

The project itself will improve the quality as well as to save the internet fees in the future and that really interesting everyone can benefit with that idea.

ZED network offer a fast, secured and low-cost transaction for anyone who use the platform and if I am correct all transaction will be transparent because it will be recorded on the Blockchain.

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November 17, 2018, 08:47:38 PM
 #786

Zed Network prolong ICO for one more year. Good decision. During that time there wiil be periods of market growth and investors will buy Zed tokens.

They are taking their time to deliver a quality product and you are right about that investors will surely be attracted on the platform because during the long token sale they will realize the true value of this project.

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November 17, 2018, 10:30:49 PM
 #787

Guys, is there anyone who already bought ZED tokens? Did you receive tokens immediately or do you need to wait for the completion of all sales phases?
Most of the ICO's released tokens after the sales but I'm also wondering about if ZED will issue the tokens earlier because they have a long way to go for completion of the token sale.

I guess this question has been answered by one of the admin on their telegram channel, the tokens will be distributed after the public offering which is 12/30/2019 so it means that the tokens will be distributed on early January 2020.

proof: https://t.me/ZEDNetworkInc/12961

Don`t think it`s true as they have mentioned that ZED tokens would reach exchanges by the second part of 2019! So, how could tokens be tradeable on the exchange as they will not be distributed to the investors? What is the purpose of listing token on the exchange while nobody could sell their tokens as they will be locked?
I think the team has planned better than we think right now, even though they are sure they will give us special strengths that make us happy by being involved in the zed project, don't hesitate, let's monitor together
If they are listed on exchange before the token sale ends then I they might really distribute the ZED tokens earlier to its contributors. Did they mention if they already sign an agreement with the exchange? I did not see the information about listing on exchange from the Roadmap though.

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November 17, 2018, 10:33:40 PM
 #788

Zed network is one of the best project. The company has a good grade and excellent team. I surely recommend this company will bring more profit to the investors.

Well if we are talking about money and profits, the team knows what is best because they had been on the money remittance industry before. I can't wait for the platform to be used by lot of MTO's across the globe.
I see a lot of projects who just passing by after the ICO but ZED is different as they want to release a working product before the completion of ICO although they had a different approach but they are very skilled and determined to follow the Roadmap and achieve their mission.

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November 17, 2018, 10:36:56 PM
 #789

In this project you can learn lots about the innovative of blockchain and this is really help both members and investors. Zed network has the potential to attract more investor and that is really great.
Whatever the project or ICO is, as long as you feel that this is concrete and will have a future probably they will gain more investors.

Little by little Blockchain technology is being used by different companies because they see a lot of potential that can benefits them and also their clients or customers. Hopefully the adaptation will become much faster for the better development of our technology.
Those modern technologies will really make a big impact in our future and in addition ZED has already have partnerships on different companies in the field so it will just take a matter of time for the demand of ZED token increase.

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November 17, 2018, 11:06:25 PM
 #790

Zed network is one of the best project. The company has a good grade and excellent team. I surely recommend this company will bring more profit to the investors.

Well if we are talking about money and profits, the team knows what is best because they had been on the money remittance industry before. I can't wait for the platform to be used by lot of MTO's across the globe.

Indeed! Also amazing and big plus for the investors is the fact that ZED CEO - Alan Safahi had great experience in the building of payment platform as he already founded in 2010 a successful company ZipZap, Inc.
ZipZap, Inc is a payment platform that provides a global payment network, which enables consumers to buy, sell, and use digital currencies with cash or other payment options.
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November 18, 2018, 06:45:55 AM
 #791


Also, in January 2018, the power if Stellar as a great ICO platform was demonstrated by Mobius Network, which successfully launched its decentralized applications store on Stellar and raised $ 39 million by selling its tokens for lumens. Zed made really a reasonable and benefit choice in this case.
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November 18, 2018, 08:16:08 AM
 #792

Zed Network extended their ICO for one more year. During that time they will launch fully working product. So reaching hardcap won't be  problem.
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November 18, 2018, 08:17:21 AM
 #793

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. Love that!
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November 18, 2018, 09:39:00 AM
 #794

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. Love that!

Sure we`ll love it! Benefits are obvious: instead of having to visit a bank, wait in line, and pay expensive fees, migrant workers can send as many remittances as they want, at amounts they can afford—all from their phone. And the more MTOs will partner ZED the more countries it would be possible to do those cheap remittances transactions.
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November 18, 2018, 03:57:45 PM
 #795

Zed Network extended their ICO for one more year. During that time they will launch fully working product. So reaching hardcap won't be  problem.
but on the other hand this will also be a special waste for those who have inventory here, but I also do not forget to monitor the zed project until everything has ended
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November 18, 2018, 04:07:05 PM
 #796

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. Love that!
it's a cool concept from the ZED project and they also want to make work come true, and this makes it easy and doesn't need to be a bother I hope everything can go well
Sure we`ll love it! Benefits are obvious: instead of having to visit a bank, wait in line, and pay expensive fees, migrant workers can send as many remittances as they want, at amounts they can afford—all from their phone. And the more MTOs will partner ZED the more countries it would be possible to do those cheap remittances transactions.
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November 18, 2018, 04:09:05 PM
 #797

I always wonder why ZED do not want to be like one more cryptocurrency in the market with low cost for remittances company?
The answer is probably that they target those people, migrant workers who usually sent remittances and a great part of those are low skilled people for which using cryptocurrencies wouldn`t be an easy and convenient solution!
That`s why ZED prefer to make crypto solution for MTOs!  
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November 18, 2018, 09:02:34 PM
 #798

Well just have read that for big players on the remittances market like Western Union, MoneyGram and the banks KYC and AML compliance are almost one of the biggest costs.
ZED Network, as we remember, offers all-in-one digital solution for MTOs including state of the art Web and Mobile Apps, a robust Back-Office & comprehensive built-in KYC/AML Reporting.
So this is one more part where those MTOs that partnered with ZED will benefit reducing their costs with a much more efficient way of sending money.
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November 18, 2018, 10:48:23 PM
 #799

This projects deserves our attention. It has good idea, good product and good opportunity.. I will support and promote this project.

Indeed! the team takes a lot of time to plan and develop their platform based on the problem of any MTO's that they are facing today especially the slow transaction with an expensive fees.
My friends and family also having trouble with these money remittances so I hope that once the ZED platform is available more and more MTOs will use it because it benefits them and their clients.

Indeed, many can benefit specially to those who have incountered failure of money transferring also remittances. With Zed network it will make easier,fast and transparent the transactions.

How much will remittances be when done on the ZED platform? Will the cost rise over time or will it be constant?

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November 19, 2018, 07:38:32 AM
 #800

This projects deserves our attention. It has good idea, good product and good opportunity.. I will support and promote this project.

Indeed! the team takes a lot of time to plan and develop their platform based on the problem of any MTO's that they are facing today especially the slow transaction with an expensive fees.
My friends and family also having trouble with these money remittances so I hope that once the ZED platform is available more and more MTOs will use it because it benefits them and their clients.

Indeed, many can benefit specially to those who have incountered failure of money transferring also remittances. With Zed network it will make easier,fast and transparent the transactions.

How much will remittances be when done on the ZED platform? Will the cost rise over time or will it be constant?

The average fee for cross‐border transfer is now about 7 – 8% of the amount. ZED transactions require no mining and cost 1% or less. If the transaction costs on remittances worldwide were cut from an average of 7 – 8% percent to an average of 2-3% percent, it would unlock billions of $ a year only in poor countries.
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