ZED Network: About the Platform
Canadian Platform as a Service built on Stellar network, ZED is a compliance-friendly solution enabling money transfers for business scaling.
- The ZED token is a fully tied to an identity, token users need to pass KYC to transact on the network.
- The main areas of application are P2P remittance and corporate payments.
The mechanics of ZED solution is simply sending fiat value via the purchase of ZED tokens that will be converted back into fiat value at the receiver side.
However, the ZED Network works with the transation settlement within 3 to 5 seconds and guarantees a pre-set exchange rate for up to 15 minutes.
This type of guarantees is possible since ZED is fully premined. It is also what makes the costs and duration of the money transfer operation more predictable than it would be when using standalone cryptocurrency.
ZED Network: Token Promotion & Results
The ZED Network Twitter @ZEDNetwork raked up 5.3K followers, out of which 1.7K came on the day their token airdrop compaign was released. The airdrop organized via AirdropX promises tokens for Twitter and Telegram follow.
Alan Safahi, the CEO of ZED Network, has been appearing in a lot of news features and crypto podcasts which @ZEDNetwork tweets about and is getting good community engagement from it.
The company is organizing a regulated token sale this summer.
The Business Intelligence for ZED Network
ZED Network Inc. is a private blockchain and financial technology company based in Canada with head office address at 112 Elizabeth Street, #5-321, Toronto, ON M5G 1P5.
The CEO of ZED Network Alan Safahi is a seasoned entrepreneur and angel investor. He is also a CEO of ZipZap Inc., a remittance app founded before cryptocurrencies were widely used that has AngelList as the leading investor in one of the seed rounds. Before that Alan Safahi had founded three startups: Beta Tech, California Commuter (CalCom) and Card Express Inc. (CardEx).
Investing in ZED Network
The pre-sale of ZED tokens is ongoing between 30 July and 30 September when the public sale starts and lasts until the end of December.
- Minimum investment is USD$25K for the pre-sale.
- There is no minimum for the public sale.
KYC performed on every applicant who asks to join the waitlist.
According to most available information, for the pre-sale only accredited investors in US and Canada and targeted.
In USA that is a natural person who has at least $1 million net worth and is verified as an accredited investor by the authorities, in other countries the definition varies though and admins of the official Telegram group are apparently open to discussion.
There is a token airdrop ongoing as well capped at 1 MM tokens but similar restrictions will be posed to exchange the tokens in the end:
- ZED is not an anonymous currency.
- Exchanges offering ZED will be required to perform KYC validation for each ZED token user.
- Every transaction on ZED is encrypted and recorded on a blockchain that traces back to the genesis block.
The ZED Network Airdrop Happens on ETH Blockchain
The airdrop campaign join requires an ETH address while ZED is a Stellar asset, which Alan Safahi confirmed as legitimate: ,,The reason for ETH is that ETH unlike Lumens is considered a utility token and can be paid in lieu of ZED token in the countries like US/Canada, etc where we will not be able to send ZED tokens for at least a year.”
Documents archived for ZED Network
Data is beautiful
Blockchain Technology in Mobile App Market: State of the Industry 2020
Blockchain is currently at the top among the new trending technologies that came up in recent years. It is a remarkable innovation for our ever more digitalised world. Blockchain is mostly known as decentralized network,...
New Horizons in Fintech: Payments, Big Data and Partnerships [Infographic]
The global fintech market saw a period of consolidation in 2018, which is exactly what we saw also in terms of price evaluation of crypto assets. In spite of the “crypto winter”, which is apparently...
Brand development in forex and crypto: Most expensive domain names [Infographic]
Crypto infographics - Most expensive domain names in forex and crypto. Targeted brand development in forex and crypto with domain names.
Top 8 Women in Blockchain Tech [Infographic]
When it comes to women in crypto, the pre-2016 OG heads will probably come up with names like Alena Vranova and Blythe Masters. Alena Vranova is the former CEO of Satoshi Labs, the company that...
Infographic: Blockchain Technology, Ledgers, Blocks and the Role of Price
Blockchain technology 101: What is blockchain, what types of blockchains exist and what role does the cryptocurrency price play.
Infographic: The Good And The Bad Of ICOs
Infographic: The good and bad of ICOs - Which token sales raised the most money in 2018?
The Business of Esports: All The Numbers [Infographic]
Esports is a rapidly emerging category as a real sport. It’s even beginning to compete with traditional sports.
Shocking Facts About Cryptocurrency Heists [Infographic]
If there is one question in the history of Bitcoin that cannot be answered with anything more than an estimate, it is the problem of how much of Bitcoin’s supply is actually ever available on...
Comparing Forex Market with Crypto Markets [Infographic]
One of the few metrics that cryptocurrency markets have in common with the forex markets in 2018 is the high percentage of total trades being located on few most popular markets.
East vs. West: Which One Sides More With Blockchain?
Digital cash schemes were the holy grail of the late 90s, but since the bitcoin blockchain was invented, suddenly nobody in the West cares.
Blockchain Consortium in Trade Finance: 6 Notable Networks [Infographic]
The success of trade finance blockchain implementations depends on how widely they are adopted. That's why we have seen businesses form consortia based on similar interests.
Real-world companies that accept crypto payments [Infographic]
Infographic - Graphic map of businesses that let customers pay in bitcoin.
Infographic: Blockchain Hacks & Crypto Trading Platform heists 2018 vs 2017
Blockchain infographic comparing the biggest crypto heists of 2018 and 2017. In 2017 the focus lied more on ICOs, smart contracts and wallet.
15 crypto kings that are making history with their engagement in the field of cryptocurrencies
Coining The Bucks With Cryptocurrencies Have you ever wondered how much masters of the cryptocurrencies are worth? Like the guy who founded Ethereum, or the one who started Ripple, for example. The answer, in short,...
Industry News Releases
LocalCryptos, formerly known as LocalEthereum, is currently the most popular non-custodial p2p market for cryptocurrencies....Read >>
- Montenegro to embrace blockchain technology in efforts to join the EU
- The Global Hackaton (April, Los Angeles) comes with free tickets to Crypto Invest Summit
- Etheremon celebrating #ChineseNewYear2019 with a series of bounties (Ends 8:00 AM UTC on Feb 11th)
- Crypto Marble dApp Game: Monopoly on Blockchain
- The dApp gaming platform VX Network launched the official VX Wallet in Apple App Store and Google Play
- Etheremon's first Chinese New Year Campaign: Chance to recall two rare mons