Zap Protocol
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Zap Protocol

Zap Project October 2018 Update

Hello Zappers, as we begin the month of October, we would like to provide an update on what we have been working on and what to expect in the coming weeks.

Keep in mind that our monthly updates recap what has been happening in the Zap ecosystem since the last update, and if you wish to learn about new developments in real-time you should follow us on Twitter @ZapOracles and join our Telegram channel at


As a reminder, we released many cool tools and apps in the September update available here, including an oracle template and EthSignal, a subscription-based video streaming app using Zap’s oracle tech.

The Zap SDK

Zapjs, the suite of Nodejs packages for interacting with Zap’s smart contracts, has been patched to work with the latest Web3.js update which introduced breaking changes. Please update your Zapjs npm modules in order to receive this important update.

Initial Oracle Offering: MyOracleWallet/OracleMarketCap

At the Token Fest conference in Boston, we revealed the concept of the Initial Oracle Offering. You can read more about Initial Oracle Offerings in the article linked in the tweet below and we will be putting out more content related to the functionality of bonding curves as a curation device for oracles and initial oracle offerings in the coming days/weeks.

We have also created a short animated video to provide an overview of how bonding curve oracles work, check it out!

Oracle Market Cap is, as the name may suggest, inspired by the familiar design of and functions as a way to view, at a glance, the most popular oracles created with Zap’s bonding curve toolkit. Currently the site is live on the Kovan test network and requires that the user has MetaMask running in their browser (set to Kovan) to view the list of top performing oracles. We envision that will help increase visibility into the economics of delivering reliable truthful data to smart contracts and inspire more data providers to begin creating Zap oracles and smart contract developers to build their products using data delivered by Zap oracles.

MyOracleWallet Screenshot is a web interface to browse and track available oracles on the Zap platform and bond/unbond from them. It also functions as an ETH and ZAP wallet, allowing users to send and receive tokens. New users choose a password and then receive a 12 word mnemonic phrase that allows them to restore their account. The code draws heavily from the work that was done on the Zap chrome extension, but runs entirely in the browser and does not require the user to install any additional packages. Currently it is running on the Kovan test network,like OracleMarketCap, and is intended to make it easy to use/test out the Zap oracles platform as quickly as possible with minimal setup.

Zap Android: Final Testing

Screenshots from the Zap Android app

Zap’s Android Mobile app has entered the final testing stage and we expect to be able to release it to the public soon!

There is a detailed overview of the app in the August update, but as a reminder, the Zap Mobile app has the following features:

  • Create an Ethereum account with a mnemonic phrase recovery seed
  • Send and receive ether (ETH) and ZAP
  • Create, edit and save smart contracts on device
  • Compile, deploy, and interact with smart contracts right from your local device

Zap is first and foremost a platform (toolset) for developers to build amazing things using blockchain technology and we want to foster a strong community for the developers building smart contracts and (decentralized) applications using Zap oracles.

REMINDER — Discord: We have a new home for the Zap development community on Discord. Discord is a (free) cross-platform communication platform similar to Slack, popular with many developers and has the added benefit of built-in voice chat rooms. You can join the Zap Development Discord server with the following link:

If you are interested in creating some of the first (public) oracles using the Zap platform, please reach out (Telegram, Discord, Email, Carrier Pigeon) we would love to assist and work with you!


Spreading the Good Word

The Zap team has been busy traveling all over the world talking about Zap and the importance of oracles in smart contracts. Here is a recap of the stops that were made in September:


Sri Lanka

Founder Nick Spanos was the keynote speaker at Blockchain Sri Lanka 2018 — the country’s first blockchain conference! Nick shared his insights on his history in tech, blockchain, and the rise of the Initial Oracle Offering and how our platform can be used for commodities.

Following the conference, the team met with developers interested in learning how to build and profit from Zap oracles.


Nick shared his vision of using smart contracts and Zap oracles to create the Initial Well Offering, a “worldwide Kickstarter for the energy industry” at the Blockchain Oil & Gas Conference in Houston.


The Zap team attended Token Fest Boston, where Technical Lead Sean Scappaticci unveiled the Initial Oracle Offering before participating in a great panel discussion about the future of cryptocurrency.

Zap’s lead engineers also gave a demonstration of our tech to interested developers and CEOs.

Videos from both talks should be available soon when Token Fest releases the footage.

Stamford Innovation Week

Zap’s Kumail Akbari travelled to Stamford, Connecticut, considered the world’s center for hedge fund activity, for its annual “Stamford Innovation Week” and gave the keynote presentation during their blockchain day. The audience included members of UConn’s computer science department and associates from local hedge funds.

Thanks for reading!

Make sure to bookmark our blog, follow us on Twitter @ZapOracles, and join our Telegram channel to stay up to date with the latest news and updates from the Zap team. We’re always happy to hear from you: send your questions and comments to

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 project. 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.




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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