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Author Topic: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡  (Read 193747 times)
Tropwal
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March 26, 2018, 09:28:58 AM
 #81

Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?

Basically yes,with added anonimity that crypto brings,and that is always welcomed.
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ZeexICO
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March 26, 2018, 09:58:31 AM
 #82

Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?
We focus on enabling purchase of products and services with crypto by connecting virtual gift cards and cryptocurrencies, so that you can instantly exchange your ETH for Starbucks gift cards and buy your coffee without fiat or fees!
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March 26, 2018, 06:33:37 PM
 #83

Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?
We focus on enabling purchase of products and services with crypto by connecting virtual gift cards and cryptocurrencies, so that you can instantly exchange your ETH for Starbucks gift cards and buy your coffee without fiat or fees!

so what will be the fee of buying the giftcard?

There are no fees when buying gift cards. You will, of course, have the network fees when executing the smart contract (or gas) but Zeex itself is feeless.
Hope this helps Cool
Richurd
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March 26, 2018, 06:46:30 PM
 #84

Where do you plan to launch platform first,i mean region wise?

Zeex launches worldwide. We have brands that are global. Grin

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March 26, 2018, 06:49:16 PM
 #85

Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?
We focus on enabling purchase of products and services with crypto by connecting virtual gift cards and cryptocurrencies, so that you can instantly exchange your ETH for Starbucks gift cards and buy your coffee without fiat or fees!

so what will be the fee of buying the giftcard?

There are no fees when buying gift cards. You will, of course, have the network fees when executing the smart contract (or gas) but Zeex itself is feeless.
Hope this helps Cool

so is the fee one time? how many times will be charged?

I apologize, my answer might have a been a bit confusing. Huh

Zeex has no fees.  Wink
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March 26, 2018, 09:32:34 PM
 #86

Can you please give me few examples how are you better than competition?

Hey, that's a great question!

        We have had direct competition in the form of websites like Centz and Giftoken who both underwent unsuccessful ICO's.  They lack the connections to retailers and financial backing that we have here at Zeex.  Indirectly, we compete with TenX and other debit card companies that work with cryptocurrencies.  We stand out because of our backing and our existing networks- we are ready to roll on day 1.  Unlike these companies, we already have deals with major brands to give us significant discounts that we can pass on to our users. And last, but not least, we have the know-how to keep it rolling forward. 

Hope this helps Cool
ZeexICO
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March 27, 2018, 06:25:34 AM
 #87

Is this something like a payment platform similar to PayPal, which is exclusively focusing on allowing crypto payments to obtain products?
We focus on enabling purchase of products and services with crypto by connecting virtual gift cards and cryptocurrencies, so that you can instantly exchange your ETH for Starbucks gift cards and buy your coffee without fiat or fees!

If no fees,how will ZEEX make any profit?As keeping that kind of platform  costs money.
Zeex does not aim to make a profit, we are creating a completely decentralized protocol, and this kind of platform actually doesn't cost money, the only thing it costs is Gas!
ZeexICO
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March 27, 2018, 06:27:36 AM
 #88

Hello! Very good idea! But what if the brands located in countries where you cant pay with crypto?
. That's actually one of the best parts.  If there's a restriction against paying with crypto in a particular location, simply buy a gift card with your crypto through the platform (anonymously) and then you can use that gift card no matter what.  The brand doesn't care how you bought the gift card, just that you have it!
That's actually a great way to bypass restrictions in certain countries,good job  Cheesy

Yes this way a lot of projects could bypass restrictions. Only thing is if it is a secure enough way to purchase.
Security is actually one of our points of pride, our smart contracts are very strong and our proprietary fraud prevention technology is as well.

what is security for gift card, if is forbidden crypo in some country?

That's actually one of the best parts. If there's a restriction against paying with crypto in a particular location, simply buy a gift card with your crypto through the platform (anonymously) and then you can use that gift card no matter what. The brand doesn't care how you bought the gift card, just that you have it!

But doesn't the (anonymous) purchase of the gift card trigger KYC and AML regulations for the platform providers?
No.  The platform will be completely decentralized, so it's the responsibility of the user to report their actions and comply with the relevant laws in their jurisdiction. 

Makes sense so you are not going to have an official office or something where authorities could go and force you to implement AML and KYC procedures?
Of course we have an office and everything, but the beauty of true decentralization is that the authorities CAN'T force us to implement anything because we don't have control.  We can't stop people from using the platform just like governments can't stop people from using BTC or ETH, it's the individual's responsibility to comply!
varmamin
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March 27, 2018, 06:40:47 AM
 #89

The idea is good but actually not new.
As Crypto is very volatile I wonder, how will the prices be set?
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March 27, 2018, 06:57:52 AM
 #90

The idea is good but actually not new.
As Crypto is very volatile I wonder, how will the prices be set?
i think they have a plan for it and try their best to convince everyone
there maybe some concepts and systems that they will realize and that make this project a new one
we wait for further development
ZeexICO
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March 27, 2018, 07:56:00 AM
 #91

The idea is good but actually not new.
As Crypto is very volatile I wonder, how will the prices be set?
i think they have a plan for it and try their best to convince everyone
there maybe some concepts and systems that they will realize and that make this project a new one
we wait for further development
. Hey guys, good question!  Since the market is so volatile, we will have live prices from the leading provider so that you get a reasonable exchange rate into whichever corporate currency you choose.
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March 27, 2018, 11:31:59 AM
 #92

Since I have joined there telegram group and really seen the community involved I am convince that Zeex doesnt need to convince people they just need to get the word out more so people can take a look at the white paper and things like this

They evidence is in front of everyone and to be quite frank they do have alot of work to do before the release of the app but they have been up to par with their roadmap and very friendly in answering any questions of the community

There are alot of other ICOs out there that are not friendly, dont really give you a straight answer and then do an exit scam and you invested money into nothing. B
But i dont see that with this ICO

But do your own research, that is the best advice
Richurd
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March 27, 2018, 03:17:52 PM
 #93

Do you plan some open  beta testing for android and iOS applications?

As it seems now the beta testing will be internal. We aim to come out with a functional app to the public in May. Additionally, we plan to have the product at full throttle as the ICO concludes. It will begin with a web app and the android/iOS app will follow suit!

Hope this helps Cool
Richurd
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March 27, 2018, 03:23:51 PM
 #94

Why do we need to be on the blockchain?

The blockchain we are on, Ethereum, allows for smart contracts which enable our solution to function. Without that, we wouldn't have a protocol. To add to that, Ethereum is one of, if not, the most trusted and established blockchain available and offers a great deal of flexibility!

Go ZEEX  Grin
Richurd
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March 27, 2018, 04:06:46 PM
Last edit: March 27, 2018, 04:19:32 PM by Richurd
 #95

What will you do when crypto comes at all time highs and all time lows?

Also how many tokens are in escrow and how many will be distributed to the community?


Our team has and will continue to keep an eye on the market as we are well aware of the volatility that crypto inherently has Cool

But we will have live prices from the leading provider so that you get a reasonable exchange rate into whichever corporate currency you choose.

As far as your question regarding distribution,

This is the token distribution as it stands:

ICO contributors 40%
Long term budget 10%
Community and partnerships 25%
Team and advisors 25%

For more information, please view our onepager

Hope this helps Smiley
Richurd
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March 27, 2018, 06:08:53 PM
 #96

Do you plan some open  beta testing for android and iOS applications?

As it seems now the beta testing will be internal. We aim to come out with a functional app to the public in May. Additionally, we plan to have the product at full throttle as the ICO concludes. It will begin with a web app and the android/iOS app will follow suit!

Hope this helps Cool


So in may application will be fully fucntional and out,or in may there will be open beta?

We aim for the app to be fully functional in May. If anything changes as far as open/closed beta testing, we will update the community  Smiley

And feel free to join our Telegram group! Telegram chats tend to be a bit more immediate when it comes to dialogue.
Up to you though! Cool
ZeexICO
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March 28, 2018, 10:32:11 AM
 #97

Cant find bounty campaign thread,you dont plan to have one?
Great question, we are actually planning one in the next couple of days, stay tuned!
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March 28, 2018, 11:42:17 AM
 #98

Do you plan some open  beta testing for android and iOS applications?

As it seems now the beta testing will be internal. We aim to come out with a functional app to the public in May. Additionally, we plan to have the product at full throttle as the ICO concludes. It will begin with a web app and the android/iOS app will follow suit!

Hope this helps Cool


So in may application will be fully fucntional and out,or in may there will be open beta?

We aim for the app to be fully functional in May. If anything changes as far as open/closed beta testing, we will update the community  Smiley

And feel free to join our Telegram group! Telegram chats tend to be a bit more immediate when it comes to dialogue.
Up to you though! Cool

Thank you for the update, looking forward to the beta. Smiley
You'll get even more than a beta, you'll have a fully functional app the day the ICO ends, are you planning to participate?
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March 28, 2018, 06:12:04 PM
 #99



What kind of cryptocurrencies will you allowed to use to buy products off of these big brand names?

just ETH and BTC or are there other ones as well?

This is their official answer from FAQ: "We accept Ethereum, Bitcoin, ZIX, Bitcoin Cash and more than 350 corporate currencies."
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March 28, 2018, 10:22:44 PM
 #100

Hello! Very good idea! But what if the brands located in countries where you cant pay with crypto?
. That's actually one of the best parts.  If there's a restriction against paying with crypto in a particular location, simply buy a gift card with your crypto through the platform (anonymously) and then you can use that gift card no matter what.  The brand doesn't care how you bought the gift card, just that you have it!
That's actually a great way to bypass restrictions in certain countries,good job  Cheesy

Yes this way a lot of projects could bypass restrictions. Only thing is if it is a secure enough way to purchase.
Security is actually one of our points of pride, our smart contracts are very strong and our proprietary fraud prevention technology is as well.

what is security for gift card, if is forbidden crypo in some country?

That's actually one of the best parts. If there's a restriction against paying with crypto in a particular location, simply buy a gift card with your crypto through the platform (anonymously) and then you can use that gift card no matter what. The brand doesn't care how you bought the gift card, just that you have it!

ok, but can someone sell you fake gift card? How is customer secure?

I second this question. Are the gift cards secured in some way?
The gift cards are secured with proprietary technology to prevent double-spending.  In addition to that, we use staking to discourage unscrupulous behavior

can you explain how is prevent? my opinion, every gift card have some numbers and if you arrive first with fake but right numbers, you will get...
Yeah could you explain how the gift cards are secured

Of course we can explain! We basically rely on accredited sources of bulk giftcard suppliers (such as Zeek). We regulate the platform in several ways - one is the collateral that each seller/distributor would have to pledge into the system, and second - we will approve new bulk suppliers by ourselves.

Hope this helps!  Cool

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