Zap Protocol
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Zap Protocol

Zap January Update 2020

Miami Blockchain Week

The Zap team started out the year by participating in Miami Blockchain Week. This year, the City of Miami issued a proclamation officially recognizing that week, which is centered around The North American Bitcoin Conference (TNABC). The Zap team was able to address the large amount of technological interest and questions that came from this event and others as they begin to realize the power and need for the Zap protocol.

Watch the speech given at TNABC by Zap.org’s co-founder, Nick Spanos:

Use-Cases Continue to Come

A number of working MOU’s were announced concerning the adoption of the Zap protocol. The full liquidity (offered by the bonding curves) and business logic capable of being encoded into our templates makes Zap versatile with cross-industry interest. Our teams are able to work with these various companies to assist in the integration process.

Cafe Joe USA

One of the seemingly simple use-cases for tokenized assets are gift cards. When it comes to making that a reality, however, the issues of needing an exchange and liquidity immediately becomes an issue. Zap not only solves this liquidity issue, but also provides a customizable widget for businesses, such as Cafe Joe USA, to use on their website so customers can simply purchase digital gift cards on the page without having to be redirected.

Cafe Joe is the most popular coffee in Israel. They created Cafe Joe USA in order to spread their coffee, culture, and brand to American coffee lovers. The kosher certified coffee company offers a more affordable Nespresso capsule while still providing extremely high quality coffee.

Watch Cafe Joe USA CEO Aron Schoenfeld and Zap.org Co-Founder Nick Spanos talk about the partnership on BlockTV:

https://blocktv.com/watch/2020-01-16/5e204db9f3e6e-zap-org-cafe-joe-announce-partnership

Howdoo

There have been a few issues that the current big tech companies have been engaging in as centralized actors — the monetization of their users data for sale to other companies, limiting/ending monetization for content creators, deplatforming/banning accounts and withholding content from the creators. The list can go on. While a lot of good tech has emerged from these companies, it is clear that there needs to be an alternative option now for those who believe in voluntary association and autonomy of their own data and content.

Howdoo is a social media and content delivery platform for today’s generation. Using its own public blockchain, Howdoo empowers people, groups, and communities to reclaim their digital footprints, redefine how they engage with advertising, and get rewarded by social media for both their participation and contribution.

David Brierley, CEO of Howdoo, said “We are thrilled to have Howdoo partner with Zap which is a vital piece of layer 2/3 blockchain tech. Being powered by Zap will only serve to enhance the platform’s decentralization and allow for our users to truly take control and monetize their own data without an intermediary. Moving forward we look forward to utilizing the Zap framework and iterating different ways to create even more value and opportunities for all Howdoo users.”

Read the full press release for this partnership using the following link: http://cryptos.com/zap-announces-partnership-with-howdoo/

Energy Ledger

Energy Ledger Inc. was recently incorporated in the state of Wyoming and will produce the final development & launch of a crude oil-backed cryptocommodity.

Energy Ledger’s patent pending design backs the world’s first blockchain cryptocommodity directly tethered to physical crude oil in a deflationary manner that allows for crude oil to act as a hedge for gains in other cryptocurrencies as well as the renewable energy market. The design creates Oil-As-Bullion (OaB) software solutions to provide brokers and clients alike the tools they need to protect their investments.

Various aspects of the Zap protocol, such as oracles providing data or acting as a decentralized fully liquid exchange, are set to be integrated into the final development of this ambitious project. By removing all the centralized entities traditionally involved, the barrier between the average working American and the oil industry will be removed.

JuJu Rentals

Following Miami Blockchain Week, JUJU Rentals, a rental service for luxury homes and penthouses in Miami, engaged us on how they can use the Zap protocol through BitUnits to tokenize a number of properties. BitUnits is a regulated tokenization solution for investment in asset-specific property and real estate.

Previously, other projects used a single token across all property and real estate. This, again, was due to the issues and limitations that arise from needing to be listed on exchanges and finding liquidity. With our solution, true price discovery for each individual tokenized asset can occur as each property is represented by its own token (and to reiterate the point, each property, then, has its own decentralized exchange specific to its bonding curve. There is no worry of delistment or having to find a buyer/seller)

The growing technical interest has brought on more people who realize and want to promote the powerful Zap protocol solution. Development teams are now working on updating Zap’s documentation so the project is as development friendly as possible. As well, with a full protocol realized and a better understanding of what solutions companies are looking for, communications for reaching the right people and growing this solution are being revampt.

To stay up to date with this project, please use the following links:

Twitter: @ZapProtocol

Facebook: @ZapProtocol

Discord: discord.gg/pvHzemX

Telegram: t.me/ZapOracles

Medium: The Zap Project

LinkedIn: Zap

GitHub: The Zap Project

The fine print: All product and company names are trademarks™ or registered® trademarks of their respective holders. Use of them does not imply any affiliation with or endorsement by them. The links included herein are being provided as a convenience and for informational purposes only; they do not constitute an endorsement or an approval by Zap of any of the products, services or opinions of the corporation or organization or individual. The Zap project, Synapse Foundation and affiliates bear no responsibility for the accuracy, legality or content of these external sites or for that of any subsequent links.

The Synapse Foundation is an Isle of Man non-profit organization with offices in Zug, Switzerland. The Synapse Foundation was formed to build, promote, and oversee the Zap protocol. The organization is committed to community engagement and sponsoring user participation within a world of decentralized data. Zap is an intellectual property owned by the Synapse Foundation. Nothing herein, nor any related documentation issued by the Synapse Foundation or Zap project team, shall constitute legal, tax or investment advice.

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Zap Protocol provides critical infrastructure built to power the next wave of decentralized applications. Users can swap tokens, earn rewards by validating oracle data feeds, and raise funds on customizable bonding curves on our platform.

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