Sivainvest
Jr. Member
Offline
Activity: 378
Merit: 6
|
|
November 22, 2018, 08:58:41 AM |
|
According to World Bank, global remittance hovers around $600B per year. Western Union and the next 3 top Money Transfer Operators (MTOs) control about 25% of the global remittance market. Zed Network is entering a big market.
|
|
|
|
Sivainvest
Jr. Member
Offline
Activity: 378
Merit: 6
|
|
November 22, 2018, 08:59:27 AM |
|
The lack of competition and inability to challenge the large Money Transfer Operators is directly responsible for the cost of remittances staying punitively high, at around 8%. Zed Network will give them good competition!
|
|
|
|
Spotlessvillian
Jr. Member
Offline
Activity: 322
Merit: 1
|
|
November 22, 2018, 10:23:56 AM |
|
This project deserves the attention of good investors. It is really my pleasure to do something good into this project. Hoping for the bright success in the future.
|
|
|
|
Spotlessvillian
Jr. Member
Offline
Activity: 322
Merit: 1
|
|
November 22, 2018, 02:34:20 PM |
|
It is really great to know that ZED network works hard to reach their goal and I do believe ine that they will achieve that.
|
|
|
|
jackielim
|
|
November 22, 2018, 02:37:07 PM |
|
Zed Network is self-funded company. They want to show working product before ICO ends. I think it is a proper decision.
Would you know if how many percent does the project have done so far? And do they give a previlige to the community to test the product itself?
|
|
|
|
jackielim
|
|
November 22, 2018, 02:43:11 PM |
|
According to World Bank, global remittance hovers around $600B per year. Western Union and the next 3 top Money Transfer Operators (MTOs) control about 25% of the global remittance market. Zed Network is entering a big market.
Well, if ZED will focus on this features probably more or less 30 percent of the sales are coming from remittances.
|
|
|
|
onediamond
Member
Offline
Activity: 392
Merit: 10
|
|
November 22, 2018, 04:45:24 PM |
|
According to World Bank, global remittance hovers around $600B per year. Western Union and the next 3 top Money Transfer Operators (MTOs) control about 25% of the global remittance market. Zed Network is entering a big market.
Well, if ZED will focus on this features probably more or less 30 percent of the sales are coming from remittances. well look like this ico have high potential to be a success as of now how much the collected funds of the project? money transfer is one in-demand business of the whole world which now depending on how many percents of deducting every transaction.
|
|
|
|
Pitchipuff
Member
Offline
Activity: 420
Merit: 10
|
|
November 23, 2018, 12:23:21 AM |
|
as for me, another advantage of ZED Network is that they are planning to launch working product before crowdsale ends. It will attract more investors.
Actually its proven and tested that its better that project is working before entering crowd sale so that investors is not difficult to encourage to join and invest. You are right! There are some projects who entered in the blockchain which the project is already running and improvement will be done as they go along. Investors are really brainy in investing now. Currently, a lot of ICOs after token sale there's no follow through what would be the direction on their project.
|
|
|
|
Pitchipuff
Member
Offline
Activity: 420
Merit: 10
|
|
November 23, 2018, 12:26:12 AM |
|
It is really great to know that ZED network works hard to reach their goal and I do believe ine that they will achieve that.
They should if they wanted the project to be successful. I hope ZED Network is not the same with the other ICOs which is active in the beginning but after token sale you will not hear any update from them. We cannot blame people to accuse them as scam if they are like that.
|
|
|
|
Pitchipuff
Member
Offline
Activity: 420
Merit: 10
|
|
November 23, 2018, 12:28:23 AM |
|
Also, I`ve found some more information about the company behind this project. Looks like they have already had some revenues by today and 18 employees on the board) That`s definitely a good fact that brings more confidence to this ICO. I was a bit confused how they got the revenue for ZED even though the platform is not fully functioning or that revenue came from the small digital money transfer that is owned by their CEO? Maybe that $3.6 Million cam from the private investors who are willing to fund this project. Anyway it is good to see an information like this one because it just show how legit this project is. My point of view on this is, the millions that they have was from the people from the beginning gain their trust and they knew the people behind the project.
|
|
|
|
Spotlessvillian
Jr. Member
Offline
Activity: 322
Merit: 1
|
|
November 23, 2018, 09:28:29 AM |
|
I would love to promote this kind of project. Investing in Zed network is the best for sure it will be more profitable in the near future. It is really great to be the part of this growing project.
|
|
|
|
Sivainvest
Jr. Member
Offline
Activity: 378
Merit: 6
|
|
November 23, 2018, 11:29:29 AM |
|
"The main difference is that we fully KYC every single tokeholder and verify every trx for compliance and monitor for Anti_money Laundering. XRP, XLM, BTC or ETh do not perform this crucial KYC check which is the main reasons MTOs won’t use them. Many banks and some large MTOs partner with Ripple to use their paltform but will issue their own currency instead of using XRP which, IMHO, defeats the purpose of having a global settlement network!" Alan Safahi
|
|
|
|
Sivainvest
Jr. Member
Offline
Activity: 378
Merit: 6
|
|
November 23, 2018, 11:30:20 AM |
|
Though ZED Network is a Canadian platform it will connect the money transactions operators throughout the world. Eliminating banks as intermediaries for money transactions operators is will make remittances available with smaller commissions. (around 1% of the transfer amount) and will greatly increase the translation speed (will be around 3-5 seconds instead of days for swift payment now).
|
|
|
|
RasenShuriken
Member
Offline
Activity: 560
Merit: 10
|
|
November 23, 2018, 11:31:11 AM |
|
I would love to promote this kind of project. Investing in Zed network is the best for sure it will be more profitable in the near future. It is really great to be the part of this growing project.
I'm not officially sure what you are saying. Zed is not an ICO for now since they don't have any ICO. But yes, it is profitable for some reasons.
|
|
|
|
enkongtukmol
|
|
November 23, 2018, 11:51:39 AM |
|
I would love to promote this kind of project. Investing in Zed network is the best for sure it will be more profitable in the near future. It is really great to be the part of this growing project.
I'm not officially sure what you are saying. Zed is not an ICO for now since they don't have any ICO. But yes, it is profitable for some reasons. Yes, that true it profitable. but not in short time as I can see in ZED NETWORK roadmap it will take time.
|
|
|
|
enkongtukmol
|
|
November 23, 2018, 11:55:12 AM |
|
The lack of competition and inability to challenge the large Money Transfer Operators is directly responsible for the cost of remittances staying punitively high, at around 8%. Zed Network will give them good competition!
If ZED NETWORK offer less transaction fee which is mention in the whitepaper. this could be a big challenge to their competitor.
|
|
|
|
Spotlessvillian
Jr. Member
Offline
Activity: 322
Merit: 1
|
|
November 23, 2018, 02:09:12 PM |
|
Maybe it will take time to become profitable in any way. But if you believe in this project you will support it in the end just what I am doing right now no matter what. To the team and for the success
|
|
|
|
kojektea
Sr. Member
Offline
Activity: 2324
Merit: 256
DGbet.fun - Crypto Sportsbook
|
|
November 24, 2018, 12:34:59 PM |
|
Maybe it will take time to become profitable in any way. But if you believe in this project you will support it in the end just what I am doing right now no matter what. To the team and for the success I am sure of what you say, if we want to benefit from the ZED project, of course we will continue to support it until everything is finished not caring for a long time, because all the work we make will not be in vain
|
|
|
|
kojektea
Sr. Member
Offline
Activity: 2324
Merit: 256
DGbet.fun - Crypto Sportsbook
|
|
November 24, 2018, 12:37:16 PM |
|
The lack of competition and inability to challenge the large Money Transfer Operators is directly responsible for the cost of remittances staying punitively high, at around 8%. Zed Network will give them good competition!
If ZED NETWORK offer less transaction fee which is mention in the whitepaper. this could be a big challenge to their competitor. I hope that the excellence possessed by the ZED project is able to attract investors and their supporters to participate here, because the concept that ZED has is very cool and this is a very loved advantage if you miss this good opportunity
|
|
|
|
Pitchipuff
Member
Offline
Activity: 420
Merit: 10
|
|
November 24, 2018, 01:07:55 PM |
|
Though ZED Network is a Canadian platform it will connect the money transactions operators throughout the world. Eliminating banks as intermediaries for money transactions operators is will make remittances available with smaller commissions. (around 1% of the transfer amount) and will greatly increase the translation speed (will be around 3-5 seconds instead of days for swift payment now).
Wow! How fastest the transaction that ZED has. As far as I know, there are certain country that remittance may take effect/receive days depends on where country you are.
|
|
|
|
|