What is Zebec Network (ZBC)

Learned by 562 usersPublished on 2024.04.10Last updated on 2024.12.03

0.03

0.00%

  • Last Price0.03
  • Market Cap162.70M
  • All-Time Low0.0018
  • Circulating Supply5.08B
  • Turnover (24h)9.24K
  • All-Time High0.05
  • Total Supply99.98B
  • Fully Diluted Market Cap162.70M

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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Zebec Network ($ZBCN): Revolutionising Financial Streaming

Introduction

The financial world is evolving rapidly, and at the forefront of this transformation is the Zebec Network. This decentralised infrastructure network serves as a trailblazer, facilitating seamless transactions of real-world value. By leveraging blockchain technology, Zebec Network envisions a future where money and value traverse barriers with unprecedented ease. The mission is clear: to empower individuals, businesses, and investors with faster, more accessible, and secure financial transactions.

What is Zebec Network?

Founded as a financial streaming pioneer, Zebec Network stands out through its innovative approach to payments. It specialises in enabling real-time, uninterrupted payment streams for various financial interactions, including payroll and investments. By originally launching as a streaming protocol on the Solana blockchain, the network has made strides in building a multi-chain ecosystem, which extends beyond Solana to accommodate traditional and web3 payroll applications.

The core tenet of Zebec Network is to ensure that financial transactions are secure, transparent, and efficient. This is accomplished through a combination of blockchain technology and a continuous settlement mechanism that allows for real-time payments. Unlike traditional systems that often involve long waiting periods, Zebec Network streamlines the payment process, enhancing user experience through automation and speed.

Who is the Creator of Zebec Network?

At the helm of Zebec Network is Sam Thapaliya, who serves as the Founder and Chief Executive Officer. Under his leadership, the project has grown into a formidable player within the crypto landscape, pushing the boundaries of what financial streaming can achieve. Thapaliya's vision for Zebec Network incorporates both innovation and accessibility, aiming to redefine how individuals and businesses manage their financial flows.

Who are the Investors of Zebec Network?

Zebec Network's credibility and aspirations have attracted substantial investments from several well-respected financial foundationstones within the crypto industry. Notable investors include renowned firms such as Circle, Coinbase, Solana Ventures, Breyer Capital, Republic, and Lightspeed Venture Partners. Together, these organisations have contributed approximately $35 million in funding, underscoring the project’s potential and the confidence that the investment community has in its innovative approach and scalable solutions.

How Zebec Network Works

What sets Zebec Network apart is its groundbreaking method of handling payments. The network uses a continuous settlement mechanism that ensures real-time transactions, nullifying the drawbacks of delays commonly seen in traditional payment systems. Central to Zebec’s operational framework are its smart contracts and multi-signature vaults, which fortify security and functionality in every financial transaction.

Key features of Zebec Network include:

  • Real-time Payroll: Employees can receive their salaries instantly, bridging the gap between cryptocurrency and fiat payments, thereby enhancing flexibility in payment options.

  • Payment Cards: The Zebec Card allows users to convert their cryptocurrency earnings into fiat seamlessly, facilitating everyday transactions without the hassle of conversion delays.

  • Treasury Management: The platform provides essential financial management tools tailored specifically for web3 companies, promoting effective fiscal administration within the blockchain ecosystem.

Through these inventive features, Zebec Network aims to revolutionise financial flows, making transactions smoother, faster, and more reliable.

Timeline of Zebec Network

Understanding the journey of Zebec Network provides insight into its growth and development:

  • 2021: Zebec Network is founded, laying the groundwork for a payment system focused on financial streaming.

  • 2023: The launch of the Zebec Instant Card, a non-custodial, multi-chain payment card, is unveiled to users in 138 countries, marking a significant expansion of services.

  • April 2024: The Zebec Protocol transitions, adopting its new name, The Zebec Network, and introducing the ZBCN token ticker. This rebranding reflects the robust infrastructure and diverse product offerings of the evolving enterprise.

Additional Information

As an integral part of the Zebec Network ecosystem, the ZBCN Token serves multiple purposes. It is employed as a utility and governance token, allowing holders to partake in decision-making processes related to the protocol's future operations. ZBCN holders not only earn rewards for their participation but also enjoy discounted streaming of services within the Zebec platform.

The tokenomics of ZBCN are designed with a deflationary model, ensuring that the total supply diminishes over time. To contribute to this strategy, 50% of the protocol's profits are allocated monthly for repurchase and subsequent burning of ZBCN tokens.

The momentum of Zebec Network is palpable, boasting an impressive growth trajectory with expectations of expanding to at least 50,000 monthly users, potentially doubling this number by year’s end. Furthermore, the network has launched its own Layer 3 (L3) chain called Nautilus, engineered as a high-performance modular blockchain designed specifically to enhance global payment flows.

Conclusion

Zebec Network is carving out a notable niche within the rapidly evolving realm of decentralised finance. By addressing the need for immediate, secure, and efficient payment solutions, it is setting the pace for a new era of financial interactions. With its innovative technologies and commitment to user empowerment, Zebec Network stands as a beacon of progress, promising to redefine how payments are made in a digital-first world. As the project continues to evolve, it holds the potential to bridge traditional finance with the burgeoning web3 landscape, heralding a future where financial streaming becomes the standard.

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