ZeroState
ZeroState is based on a mobile app that allows its users to review a product in one word. ZeroState is the world’s first emotional intelligence platform. It helps advertisers around the world increase the loyalty of their customers by analyzing their emotional involvement. https://cdn-images-1.medium.com/max/1000/1o9zVgp3klkQOuyswjTlxHA.jpeg https://cdn-images-1.medium.com/max/1000/1KnKCcnlZUy9LnLbizaKdhA.jpeg
Advertisers buy ZSC to launch an advertising campaign via the app. Their aim is to get feedback from customers, attract their attention and increase sales. Users receive ZSC from advertisers for writing reviews. ZSC can be exchanged for ETH or sold in the secondary market. Each month ZeroState will allocate 20% of its profits for redeeming the tokens, thus increasing their value.
EMOTIONAL INTELLIGENCE POWERED BY BLOCKCHAIN
Emotional intelligence (EQ) is what we feel. It is the feelings that are born inside us long before our brain can assess the situation, apply social filters and decide whether it is «good» or «bad» https://cdn-images-1.medium.com/max/1000/13Gke8pqU4B-oWg5coi6w4g.jpeg
ZEROSTATE — AN EMOTIONAL
INTELLIGENCE PLATFORM https://cdn-images-1.medium.com/max/750/1QP2BkHgPkt7zmOFS9P2Dxg.jpeg
ZSCoin (ZSC) tokens can be used by advertisers to increase the visibility of their products on our platform.
They can be bought by advertisers to launch an advertising campaing via the app. The aim is to get feedback from customers, attract their attention and increase sales.
Users receive ZSC from advertisers for writing reviews. ZSC can be exchanged for ETH or sold on cryptocurrency exchange. Each month ZeroState will use 20% of its profits to repurchase the tokens, increasing their popularity. https://cdn-images-1.medium.com/max/750/1CgNM8ZaKNXYHreMfiZnzqw.jpeg
Emotional intelligence is what we feel. It is the feelings that are born inside us long before our brain can assess the situation, apply social filters and decide whether it is “good” or “bad”.
ZeroState uses an application to collect such feelings. The users are motivated by money to share them as they learn about a new product.
Our platform is the link between the manufacturer and the user. https://cdn-images-1.medium.com/max/1000/1ErdHwueVbHxZ08Ac-zlLhg.jpeg
ICO
ZeroState will issue a maximum of 100,000,000 ZSC tokens
with an initial market price of 0.00047 ETH per token.
Presale
March 21, 2018
Selling 5,000,000 tokens with bonus 50%
Raising $2,000,000
We sell ZSC tokens to finance the development and scaling of the existing efficient business model. ZSC is designed to provide transparent and favorable terms to each token holder. To achieve this, we need highly skilled professionals, technologies and a growing customer base. This, in its turn, requires significant funds and marketing capabilities.
Public Token Sale
June 21, 2018
Selling 49,500,000 tokens with bonuses 40%, 30%, 20%
To this end, ZeroState will issue a maximum of 100,000,000 ZSCoin tokens with an initial market value of 0.00047 ETH per token during the ICO. ZeroState ICO will have two major stages when the company tokens will be offered for sale with special discounts. https://cdn-images-1.medium.com/max/750/1LIpl1yqqasd90W0Y07pklg.jpeg
After the ICO, ZSCoin tokens will be officially entered on the stock exchange where they can be freely exchanged for other tokens. After that we can start developing our own blockchain infrastructure and re-issuing ZSCoin tokens. ZSCoin tokens can be used in the ZeroState app to launch an advertising campaign and make payments to users. Tokens can also be stored in an ERC20 cryptocurrency wallet and later exchanged for other cryptocurrencies in the stock exchange. https://cdn-images-1.medium.com/max/750/1ogotA-5zhLzRm4g8wy2mRw.jpeg
MARKET
Mobile advertising is the key driving force of the entire advertising market. Its fastest-growing segments are social networks, video platforms and search engines.
In 2016, 96% of sales ($25 billion out of $27 billion) came from digital advertising and the two dominant providers — Google and Facebook that together control 54% of the digital advertising market. Stable growth is expected to continue by 2021 with an overall increase of 11%. Digital advertising sales will make up at least 50% of the industry, including 56% in the USA, 59% in China, 65% in Australia and 25% in India. https://cdn-images-1.medium.com/max/1000/1ghufVuOuymlFHWNLyOGRZA.jpeg
Although the IT sector is extremely technology-savvy, it does not leverage any mechanisms of interaction with information that are easy for people to understand. So, a Google search will produce a lot of hits for «romantic» restaurants and none for the nearest one that has been previously rated as «romantic» and actually turned out to be such. https://cdn-images-1.medium.com/max/1000/1T8xqv_KSHzTt400N1CSPzA.jpeg
ZEROSTATE BLOCKCHAIN
ZeroState Blockchain is a software tool powered by the blockchain technology that facilitates the delivery of a large number of simple transactions. In most cases, such transactions include transferring tokens between accounts, by analogy with the function of changing blockchain status for other popular cryptocurrencies.
ZeroState Blockchain: Basic characteristics
ZeroState Blockchain organizes accounts hierarchically. Transaction blocks are created at regular intervals using the PoS system, so that a limited fixed number of nodes determines the composition of transactions included in the block. After a block is complete, a set of ZERO nodes is selected based on the maximum number of tokens stored in the accounts of the nodes (delegated proof of stake).
ZERO nodes have full control over local nodes and accounts. Each node collects transactions signed by local accounts, combines them into a message and then transmits it to the blockchain network. Nodes with conflicting messages (double spending) receive a penalty. If tasks are completed successfully, ZERO nodes receive a bonus after a certain period expires, for storing ZSCoin at the node. Messages from two different nodes are processed simultaneously and do not conflict. All types of transactions, save one, need to go through a local node. The only exception to this is a particularly slow transaction — «recovery of funds» that is executed if a transaction is rejected by the ZeroState network or a as a result of a dispute.
The hierarchical organization of user accounts in the ZeroState Blockchain allows to integrate KYC procedure into the sign-up process. KYC enables receiving money in the ZeroState app. All transactions and messages are numbered sequentially and can be processed simultaneously within a block. Numbering cuts down on the size of a message and, as a result, the network traffic. An account can transfer funds to many accounts in one transaction (a record). Accordingly, a block has up to 10 bytes of information per a target transaction (account-specific) and up to 20 bytes per a mass transaction (several payments in one record). Thus, a ZeroState advertiser can transfer funds to several users who created state reviews in one transaction (record). It allows an advertiser to save transaction confirmation fees, and lessens the chance of overloading the ZeroState network.
The main purpose of the ZeroState Blockchain is to ensure processing of a transaction flow ranging from 300 thousand to 3,000 thousand transactions per minute. This level is sufficient to support transactions from advertisers to users within the ZeroState app, as well as to support stock exchange transactions. Since new nodes added to the network are not able to process the transactions executed before these nodes became active, the new nodes will be synchronized with the latest status of the ZeroState Blockchain. To facilitate synchronization, the status of the ZeroState Blockchain will be hashed on the final block. Changes in the sets of ZERO nodes are also reflected in the block hash to facilitate inspection of the accounts of any user without the need to calculate account balance.
All transactions and account service go with a fee. Advertisers pay 20% of all transactions from their accounts to the ZeroState account as a service fee. Not more than 10% of the fee determined by the user for transaction confirmation will be transferred to the accounts of node managers. The remaining revenue will be distributed as dividends among all account holders. Thus, account holders will be more motivated to store ZSCoin which will impact its value beneficially and reduce the potential load on the network.
ZeroState Blockchain is:
PoS with a possibility to delegate authority
Multiple payments by advertisers in a single transaction to reduce the fees and the network load
High level of trust, as nodes receive penalties for double spending
Availability of a limited number of ZERO nodes responsible for network integrity and facilitating the work of the slow nodes with limited capabilities to process transactions
Hash of all accounts being a part of a block, which ensures instant synchronization with the ZeroState Blockchain
Hierarchical organization of accounts and KYC-based accounts in the ZeroState app
Dividends for node managers and account holders
ZERO node permissions
A block chain consists of blocks produced at a pre-determined interval.
With the start of the new block time, ZERO nodes exchange information about the records included in the most recent block. This information is presented as hash of all hash records.
Only ZERO nodes can participate in the selection procedure. The formation of the proposed hash may be delayed depending on the node weight (balance on the accounts managed by it). A node can sign only one hash (a vote), or else it will be considered double spending. The weight of votes is equal to the weight of the node. Nodes keep collecting votes until the resulting hash has sufficient weight of votes (the sum of the weights of votes). After the winning hash is selected, all ZERO nodes calculate a new block and send their signatures for the new block to the ZeroState network. Only one signature from each node is allowed then. In most cases, all ZERO nodes should sign the same block.
In case of disagreement, the nodes with different block signatures will be disconnected from each other resulting in a fork. To reconnect to the network, a node needs to initiate synchronization. The synchronization includes review of the node data against the ZeroState Blockchain data in the earlier blocks of the target blockchain.
ZeroAccount — storing and confirming state reviews
ZeroState Blockchain is a blockchain with a built-in Turing-complete programming language that will include the ZeroAccount contract account with all the permissions to create smart contracts by analogy with Ethereum (state contracts) for a certain fee on request of a network member. The fee will be transferred to the ZeroState account as a service fee and it will not exceed 10 ZSCoin. Such contracts will be standard and will be created for ZeroState advertisers. State contracts will operate the corresponding addresses with frozen balances. Addresses of state contracts will be able to receive transactions from advertisers to credit the balance, as well as to make transactions in accordance with the ZeroAccount instructions to the address specified by ZeroAccount. Thus, state contracts will be created by ZeroAccount that will receive a record from advertisers (local node) specifying data on the value of a state, its number, as well as basic transaction data on the fee. The state will be generated by the advertiser beforehand via the ZeroState app that will assign it a unique state identifier. After a transaction from an advertiser, ZeroAccount will create a corresponding state contract that in the future will obtain data from ZeroAccount on accounts that should be paid ZSCoin (with their amount originally entered in the contract) from the contract balance.
ZeroAccount will use the ZeroState servers as a data source to obtain data on the existing states and reviews. ZeroAccount will be able to receive information on the state identifier and reviews.
In ZeroAccount, each cycle of new block creation accesses the server data to collect information on state reviews, state identifier and accounts that wrote a state review. After the data are correlated, ZeroAccount will send a command to a specific state contract with information about the accounts it needs to transfer ZSCoin tokens to. The price of a state review is included into the state contract at the time of its preparation. ZeroAccount commands, as well as transactions between accounts, get to a block of the ZeroState Blockchain.
The hashed reviews will be included into a block of the ZeroState Blockchain by a ZeroAccount transaction sent to the address of a specific state contract. Thus, if a state is changed in the ZeroState application, any network member will be able to check the state for conformity with the hash in the block of the ZeroState Blockchain.
A block of the ZeroState Blockchain, aside from the standard transaction data in the header, includes:
current time
number of messages in the block
number of nodes
dividends for the current period
account hash
ZERO node public keys hash (first key from a ZERO node manager, other keys are sorted by the node ID)
state unique number
review hash
state value
previous block hash
hash of all transaction messages in the block
final new block hash
Issuing and replacing ZSCoin tokens
To sell tokens, ZeroState will generate ERC20 Ethereum tokens that will become a temporary replacement of the future token in the ZeroState Blockchain infrastructure. ERC20 tokens will be distributed among the ZeroState community members and will be exchanged at open exchanges later. After the ZeroState Blockchain development and scaling are finished, the holders will be able to exchange ERC20 tokens for ZSCoin tokens in the ZeroState Blockchain infrastructure. https://cdn-images-1.medium.com/max/750/12uKnoFHgGY_tcqPuQ9JtBA.jpeg
When the ZeroState blockchain infrastructure is ready, the company will be able to implement emotional intelligence powered by blockchain through tokenizing feelings. ZSCoin tokens purchased on the stock exchange and placed by advertisers on the platform will be converted into feelings or «states» at the time of their transfer to the user as payment. ZeroState fee will be 20% of each advertising budget as payment for the services and company costs. We estimate that, depending on the funds raised, one of the following three scenarios can unroll. In the most intensive scenario, the app audience will reach 800 million users in 29 countries by 2021. Active global expansion will require significant spending on marketing and promotion.
DISTRIBUTION OF THE RAISED FUNDS
Depending on the scenario and the sum raised https://cdn-images-1.medium.com/max/1000/18Tecp5BlsVE9Zo7XPiIfaA.jpeg https://cdn-images-1.medium.com/max/1000/1SdVgD5nrweJdKA-ojCE9qg.jpeg https://cdn-images-1.medium.com/max/1000/1bz3TC4Jhfl_VIbD15oQxSw.jpeg
Disclaimer
The purpose of this document is to present the ZeroState advertising approach to ZSCoin token holders. The following information might not be exhaustive and does not imply any contractual relations. The document outlines the ZeroState project to enable assessment whether a detailed analysis of the company is needed for the purpose of purchasing ZSCoin tokens.
Nothing in this document can be construed as a project of any nature or a call to invest and no part hereof can be construed as an offer to buy any securities in any jurisdiction or a call for such an offer. This document was not prepared in compliance with any laws designed to protect investors and is not subject to them.
ZSCoin token is a utility token. This product is not digital (electronic) currency, security, commodity or any other financial instrument, is not registered in accordance with the US Securities Act of 1933 and does not fall under the securities legislation of any of the US states, or securities legislation of any other country or jurisdiction of which a potential token holder is a resident.
The ZSCoin token cannot be used for any purposes other than the ones presented in this whitepaper, in particular, for investment, speculation or other financial purposes.
The ZSCoin token is not intended for sale or use in jurisdiction where the sale or use of digital tokens may be prohibited.
The ZSCoin token does not give any rights in any form, in particular, the right to possess, distribute (including, without limitation, the revenue), redeem, liquidate, own (including all forms of intellectual property) and other financial or legal rights, except as directly established in this whitepaper.
Certain statements, estimates and financial information herein are projected statements or information. Such projected statements and information depend on several known and unknown risks and uncertainties that may cause actual events or results to differ significantly from the estimates or results implied or set forth in projected statements. The white paper is subject to change to provide more detailed information.
The main source of the official information about the ZSCoin token is this document in the Russian language. The information contained herein in the Russian language may be from time to time translated into other languages or used in written or oral communication to the existing and potential customers, partners, etc.
Some information contained herein may be lost, distorted or misrepresented in translation and communication. The accuracy of such alternative messages cannot be guaranteed. In case of conflict or inconsistency between translations, messages and the official document in English, the provisions hereof in Russian shall prevail.
This document does not contain and essentially does not constitute an offer for the sale of shares or securities of IdeMind, Inc. or any related company.
The buyer shall understand that IdeMind, Inc. will not provide any compensation under any circumstances.
