ZIPCOIN | THE TRUE PEER to PEER (P2P)

ABOUT ZIPCOIN :

ZipCoin is a blockchain based decentralized remittance and payment solution which will enhance businesses and individuals in the $104B remit industry.
ZIPCO token revolutionizes the remittance industry with the creation of its EOS blockchain powered payment system, which facilitates all types of remittance businesses a safe, secure, swift and reliable payment solution.
The ecosystem guarantees safety and reduces rejections that people sending money to their families have to face when they want to send or remit money using the financial institutions.
To make financial transactions easy and to get rid of the conventional payment methods, the
company introduces its ZIPCO token, which makes all remittance transactions possible for remit businesses worldwide. It is a community, employee-owned, operated ICO and trading exchange designed to decrease
existing barriers to entry in blockchain technology for all users across the globe.
With the introduction of its EOSIO based ZIPCO token, the company not just wishes for its token to become one of the leading digital currency, but it also wants to replace fiat currencies with its own cryptocurrency in the multi-billion dollar remit industry.
Thus, the ZIPCO token is designed to primarily serve as a solution to a major problem, becoming a valuable token and highly used for millions of businesses and individuals. This whitepaper will explain the details of this vision and exactly how we see it coming to fruition.

Problem Statement :

In its current state of development, blockchain technology is largely inaccessible to the vast majority of people due to limited awareness of the technology, its complexity, exclusion of some countries, and lack of user-friendly decentralized applications or “dApps”.
Although progress is being made, there is much to be done before blockchain technology is accessible enough to the average user and can become the revolutionary technology we know it can be.
Without an effective and efficient means to obtain blockchain tokens, one cannot expect the vast majority of consumers to engage in the emerging blockchain business sector. No matter how innovative or inexpensive a blockchain dApp might be, if a consumer needs to weave through numerous transactions and run the risk of losing their funds during each transaction, it’s not a stretch to suggest that widespread adoption of blockchain technology is unlikely until this problem is solved.
Combined with an integrated suite of financial services, we believe customers and developers will find the ZipCoin blockchain meets all of their needs to launch their dApp. In addition, developers, customers, and business partners can feel confident in the full compliance of our user accounts and financial services.

ZipCoin’s Solutions :

A lot more people are coming to the blockchain space. While cryptocurrencies are the main welcoming force, these coins are still a preserve of the tech enthusiasts; a lot like unique toys for members of an insiders’ club.
Among the noted hurdles to mass adoption has been the ease with which people can trade the coins.
Most exchanges aren’t user-friendly and demand a lot from users e.g. exchange onboarding is very confusing, user interface (UI/UX) is difficult to navigate, KYC/AML process is too long, bad customer support, etc.

A few measures have been proposed, including improving the scalability of existing blockchain networks and making crypto exchanges more user-friendly. Now, the ZipCoin Project is introducing other feasible measures and strategies. We envision a system that adopts the cycle illustrated below.

DEPLOY: a flexible and adaptive blockchain infrastructure capable of hosting applications
developedin any programming language.
INTEGRATE: natively with existing financial infrastructures by leveraging blockchain technology to develop a financial institution, tools, and services.
RECYCLE: profits within the economy, to fund investment in the ZipCoinCoinNetwork and the community, via the ZipCoin Incubator.
LEVERAGE: existing blockchain platforms, tools and services to create partnerships and reduce the need to develop every necessary component from scratch.
REDUCE/ZIPCOINCOIN: barriers to adoption for users, business partners and developers.
BUILD: a new economic model that rewards businesses and customers for their Participation in the ZipCoin economy.

THE ZIPCOIN ECONOMY :

The ZipCoin Economy holds at its core, the idea that all participants in an economy provide inherent value.
The sharing economy best describes the core principles of the ZipCoin economic model. We believe all participants deserve a share in the financial success of the ICO, Exchange and the Fintech network.
Our goal is to create as many opportunities to participate in the economy as we possibly can. An efficient economy utilizes its resources in a way that minimizes waste and maximizes value.

ZIPCOIN COMMUNITY REWARDS :

As the network and number of users using the ZipCoin exchange and network grows, we expect to harvest a portion of the network’s financial success and contribute a percentage of the funds to a community rewards pool. The more businesses and features that are successfully launched on the ZipCoin Platform, the greater the pool of funds becomes.

This incentivizes users to reach out and encourage their networks to participate in our platform and aligns the incentives of entrepreneurs, community, businesses, and users to see the platform achieve success. The rewards pool is a feature we hope to implement in the future when the economy has achieved prolonged and sustainable success.

ZIPCOIN BENEFITS :

Our goal is to create as many opportunities to the emerging markets of Africa, provide low fees, financial literacy and awareness to mass adoption to blockchain technology. ZIPCOIN will utilize its platform and resources in a way that minimizes waste and maximizes value to improve every life of each person.

TOKEN SPECIFICATION :

Token Price :

The early adopters and initial investors who register at the time of pre-ITS and ITS will be able to exchange their cryptocurrency for ZIPCO tokens. 0.000100 ETH will be equivalent to 1 ZIPCO token.
The registered users can withdraw the ZIPCO token from https://zipcx.io to a private EOS wallet but only after purchasing it. However, they can only transfer the tokens between wallets as soon as ITS period ends.

HOW DOES ZIPCO TOKEN FUNCTION?

❖ Visit our websites and create your account- (customer account vs. businessaccount)
❖ Complete our KYC for Anti Money Laundering (AML) purposes. This process is only completed once.
❖ Verify your account
❖ Fund your account or transfer your digital currency from another platform ❖ Buy ZIPCO tokens
❖ Trade, Remit and or hold your ZIPCO tokens
❖ You choose ZIPCO Token as a payment method and reach the payment page.
❖ Now, you enter the amount of ZIPCO Tokens you want to convert to USD. ❖ You make use of your crypto wallet, for example; ZIPCO Wallet, and pays 100 ZIPCOs
❖ Our website receives 100 ZIPCOs in its crypto wallet and unlocks, unfreezes and convert your ZIPCOs into USD
❖ The conversion rate, amount, date is displayed
❖ Select beneficiary payout method
❖ Hit submit or cancel
❖ The money is sent or transaction is cancelled
❖ The transaction is complete. ( sent scenario)
❖ Our system will send notification to the beneficiary regarding the payment
❖ Once payment is received, the sender is notified

Final Remarks

ZIPCO token offers a practical and necessary solution; it aims at an industry, which does milliondollar business, and is already prospering with millions of customers. However, it is innovative and shows plenty of potentialities to increase.

If you too believe the ZIPCO token is unique and may get you benefitted financially if implemented properly, then sign up for the token sale via our official website: https://zipcx.io buy tokens via our 2FA authentication and secure accounts. Pre-registration is already open.