THREAD! $zap is an ecosystem for companies, retailers, artists or just normal citizens to create tokens & oracles. These can be made in a couple of minutes! You can instantly sell them through their decentralized exchange like uniswap but without the need of adding liquidity
Each token or oracle is based on a predefined pricing curve named Bonding Curve. When creating your token/oracle you set your own pricing curve, just drag n drop. This word was actually invented by the zap team! ⚡️ $zap
Your token/oracle starts with 0 supply. When someone buys supply gets created and price moves along your price function. When someone sells supply gets burned and price move lower along the pricing curve. This mechanism eliminates market makers & the need for liquidity. $zap
The advantage for holding $zap is when people start using the platform the value of zap will rise due to adoption of the ecosystem. To create, use & trade these tokens & oracles people have to buy zap
When you exchange your zap for a particular token/oracle your zap will be sent to a pool. This could lead to an even lower circulating supply which can boost the price even more. Price will move up due to adoption/usage of the infrastructure & not solely of price speculation.
The oracles via zap can be implemented in smart contracts & dapps. You will be able to trade data like you're trading cryptocurrencies right now. I could go on and on, with $zap there are unlimited possibilities. Pure #Decentralization #DeFi #disruption
Create a token for a service! People will have to buy your token creating a rising movement of price! To have access to your service they will have to transact the tokens to you! So the price goes higher & the service provider gets more of his own tokens at a higher rate! $zap
@nickspanos is the ceo of @ZapProtocol , you might know him of Netflix’s Banking On Bitcoin movie! He was also leading @RonPaul ‘s presidential campaign! $zap
They are currently partnered with @PACcoinOfficial by @davidgokhshtein ! You can buy $zap via @BitrueOfficial , @Poloniex , @Uniswap & @hitbtc!
You can follow @ben_gravis.
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