ZAN Coin is a coin that was created to increase the engagement and the motivation of developers and investors in the software development cycle through the application of a blockchain technology.
The ZAN Coin has an aim to introduce a new kind of crypto currency into an existing and successful business model, which would be used to further improve on its processes and products and truly embody core business values.
The developers and investors will be remunerated with ZAN Coin which can be cashed out or can be kept as further investment in the continued growth of the organization. The potential for ZAN Coin dividends will enhance motivation through an increase in the level of responsibility of employees and other contributors for the overall achievements of the SDLC.
The ZAN Coin team is very enthusiastic about using this kind of cryptocurrency in its day to day work. The team is confident that it can serve as a tool for enhanced motivation and success. ZAN coin has a commitment and responsibility and it embodies the core business values for excellence in service standards and delivery of results.
HOW ZAN COIN WORKS
Right now you are wondering, if the platform is about just motivating developers and investors, why not use another cryptocurrency, Bitcoin for example. Truth is, Bitcoin just wouldn’t do. It is limited by the speed of payment. Furthermore, there is the tax issues to consider.Since the aim is to involve people in the platform’s business and bind the value of the currency to the platform’s success, the best method of achieving this aim is to hold the currency. By keeping the token in the pockets of the developers, they will feel safe knowing that their efforts will be rewarded every month. They’ll also be confident in the knowledge that each sale will generate more profit for them.
To further understand how Zan Coin works, you need to know its lifecycle.
MAIN PURPOSE OF ZANCOIN
The ultimate goal is to grow and develop as a consulting firm that is legal and very successful. They not only want growth for their business, but also that all Freelance Developers and their current investors are thriving. With this important goal, the life cycle of ZAN will make everyone involved successful. Investors will create more capital to improve project development. Developers will work more efficiently, harder, and faster to create great products that increase sales. This will help you to increase your sales volume and generate more profit for all owners of ZAN Coin.
SOLUTION FROM ZANCOIN
Protecting Investors' Interests Once we start working with ZAN Coin, we will soon be paying our developers tokens for our existing projects. You can decide if you want to keep or redeem tokens as investments from your own work. On the other hand, every sale of our products is converted into tokens and distributed equally among our ZAN coin holders.
The buy-back option is one way to keep the coins in circulation and protect their growth. We produce software solutions that are sold separately to a large number of customers. Each sale generates revenue that is converted into ZAN coins by buying from the current owners or using our backup. Total revenue is then separated by 50% for the company and 50% for each token holder. This will generate residual income for owners who help to improve our business and our development.
THE DISTRIBUTION OF FUNDS
The fund that would be raised during the Initial Coin Offering will be divided into three parts;
Infrastructure/ Operations and Investment
The platform intends to build a strong testing and development infrastructure. This is supposed to serve the purpose of improving the business.
SalesAnother part of the fund will be dedicated to the expansion of customer portfolio. The methods used in this expansion will include;
• Face to face meetings with new clients
• Developing a formal partnership
• Hosting special events
• Participating in conferences etc.
ZAN COINS SPECIFICATIONS
Ticker - ZAN
Contract address - 0xbef51888af40d73db76a7716c98bdfe979040f8d
Decimal - 18
Platform - Ethereum
Type-ERC20
How do I buy ZAN Coin?
Currently, the only way to buy ZAN Coin is their ICO. ICO starts on May 15, 2018.
Advance sale: 1 ETH = 1500 ZAN, pre-sale ends on 22nd May 2018
Round 1: 1 ETH = 1200 ZAN, end time, TBD
Round 2: 1 ETH = 900 ZAN, end time, TBD
5% Recommendation: Users can see their referral link on the user's profile page.
ZAN coin supply: 17,148,385
ZAN coin distribution:
Investor allocation 70%: 12,003,870 coins
Affiliate and Bounty - 10% Allotment: 1,714,838 coins
Founder - 15% allotment: 2,572,257
Reserve - 5% allotment: 857,419
ROADMAP
Roadmap as stated on the main website:
February 2017: Start the first project. We started our first project and our first product was created. We sell the full rights to the company that bought it with the intention to sell it.
August 2017: Initiation of our second project. This time we started to work on our own products that we wanted to sell ourselves. This is when we are faced with the problem of paying freelancers.
November 2017: Registration of ZANFAU Ltd. We registered our new company with the idea of
forming teams and solving problems. At this time, we also started with the first sale.
January 2018: Design of ICO Tokens and Plans. We designed tokens and introduced new payment system ideas for our developers. The idea for dividends will also be cut.
April 2018: Dear Community, We have received several reports that one of our admins has put a red flag over our project. We do not want to be associated with ponzi systems or try to use our investors. It states that we want you to know that we have removed this person from our admin list.
May 2018: First payment to DEVS. In early May, we plan to make the first payment to our developers at ZAN Coins.
July 2018: sales and dividend. We have another product in the pipeline and are expected to be released in July. Our goal is to transform sales into ZAN Coins and distribute the corresponding profits.
December 2018: buyback initiative. At the end of the year, we will start buying back tokens to have enough money for future projects. The buyback to pay to the developers will close the circle and help increase the value of ZAN Coin.
FOR MORE INFORMATION ABOUT ZAN COIN, PLEASE VISIT THE FOLLOWING:
WEBSITE: https://www.zancoin.tech/
WHITEPAPER: https://zancoin.tech/uploads/ZAN_Whitepaper.pdf
FACEBOOK: https://www.facebook.com/zancoin/
TWITTER: https://twitter.com/zan_coin
MY BITCOIN TALK PROFILE LINK: https://bitcointalk.org/index.php?action=profile;u=1636284