Announcing Our New Contribution Model!

Zeex
The Zeex Protocol
2 min readJul 30, 2018

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Dear Zeexers,

We are very excited to share with you one of the most groundbreaking developments of our Zeex project.

While exploring innovative ways to disrupt the e-commerce/gift-card industry, we reflected on our partners’ feedback in light of our ongoing roadshow and meeting with industry and crypto stakeholders.

We realized an even greater opportunity than previously projected and we sat down with our financial team to improve our contribution models, and incorporate our findings into the Zeex ecosystem.

The new investment model is as follows:

Till now our hard cap was $50M and 55% of the proceeds were allocated for working capital for suppliers.

What we realized is that working capital is a different sort of contribution than simply purchasing tokens; in fact it’s an attractive vehicle for classic accredited investors. Therefore, we’ve split the fundraising process into two paths. The first is the token sale, which will still have 50% of the allocation and a $14M softcap, but the hardcap will now be $23M. The second path is the Working Capital Fund, which opens contribution to more traditional entities.

The Working Capital Fund is a fixed income investment and it’s backed by fiat-denominated assets (gift cards). This unprecedented means of generating capital offers accredited investors four distinct advantages:

1) Minimal risk

2) Full transparency on the blockchain

3) Cycle of continuous reinvestment

4) Opening access to traditional investment entities

Since the Working Capital Fund itself operates as a smart contract on the blockchain, the assets it contains are completely traceable. Contributors can track those assets, view reinvestments and watch their contributions grow. The Working Capital Fund accepts fiat as well as BTC, ETH and Zix, with other cryptocurrencies slated for rapid integration.

To recap, the hardcap for our token sale is now $23M, and we’ve opened a separate asset-backed Working Capital Fund with fixed returns. Find out more details in our White Paper on our website (www.zeex.me).

Join our Telegram and ask your questions: t.me/zeexme

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Zeex
The Zeex Protocol

Zeex is the solution to cryptocurrency's greatest challenge: conversion to real world products and services. Learn how at https://www.Zeex.me