October 11-th Zebec held an Ask Me Anything session with the ICOSpeaks team at our telegram chat.
1️⃣ Block 1 – self introduction from today’s speaker
Before we go to the first set of questions, could you please do a short self-intro?
👨💻 CEO & Founder of Zebce |@Sam_Zebec
Hi guys, my name is Sam and I am the CEO of Zebec, before starting Zebec, I’ve started several ventures and through the experience of e-commerce and AI algorithms, I was deeply touched by the loss of users caused by the payment system that plays a key role.
2️⃣ Block 2 – project introduction by speakers
First set of questions to introduce the project!
Q: Some of our audience are not that familiar with Zebec. Could you introduce Zebec’s position and vision and what problem in the industry inspired you to build Zebec
A: Zebec is a revolutionary DeFi technology that empowers real-time, frictionless and continuous streams of payments. The automatic money streams made possible through Zebec allow businesses, employees and consumers to completely reimagine how they are paid, how they invest and how they buy products or services. We allow direct and instant financial transaction settlements between parties, without the need for any intermediaries.
Q: What is your next step Operation Horizon?
A: After the announcement of the launch of the BNB Chain on September 25, users will be able to use the payment service on EVM Chain other than Solana, officially announcing Zebec’s cross-chain journey and kicking off the Zebec Chain. To allow the trading experience to continue to improve, Zebec Chain will work with Eclipse in-depth, using Optimistic Rollup and ZK Rollup technology to enable transaction speeds of up to 700,000 TPS, achieving higher execution speeds than L1.
Therefore, it is imperative to start the ” Operation Horizon” for the ecosystem construction of the Zebec Chain. Operation Horizon consists of 2 key components: Zepoch and Themis Gavel. Zepoch: Participate in Zebec’s layer 1 PoS validator staking, becoming a part of certified validator sets. Earn both rewards and exclusive privileges from the ecosystem. Themis Gavel: Zebec DAO Organizational and Ecosystem Governance.
Q: How will Zebec Chain and Operation Horizon make the world a better place?
A: Behind-the-scenes payments processing — the “plumbing” of payments — is also changing as payment initiation changes from cards and traditional accounts to digital wallets and as regulators force the industry to strengthen, or build up, domestic infrastructure for payments.
International card networks and card processors, often US-domiciled, are facing pressure on their core business and have started repositioning themselves to retain relevance.
Digital wallet providers will look to adopt “open-loop” technologies and seek interoperability to benefit from (and not fall behind on) the ongoing globalization of payment rails. We believe Zebec and Operation Horizon is the perfect solution The global payment market value is 40 Trillion USD. With the launch of Operation Horizon, Zebec is estimated to capture 2% of the market share, attracting many allies and users via expanding to different chains.
Q: What are Zepoch Node NFT?
A: Zepoch Node NFTs guarantee your right to run a Zebec Chain Node in the future. In the present, give you access to multiple reward streams:
- Share in 20% of the revenue from Zebec protocol once the chain is live
- A 5% USDT rebate for every purchase made with their referral code
- Nitro rewards – between 5%-15% of the airdrop rewards of the people you successfully refer
- Builder’s Airdrop: An airdrop of ZBC and USDT based on your Zebec points
A daily airdrop whose parameters are TBD.
3️⃣ Block 3 – question from ICO Speaks team
Questions from ICOSpeaks team!
Q: How do I get a Zepoch Node NFT?
A: We’ve received a lot of positive feedback and strong support from the community since the announcement of #OperationHorizon .
The first 288 Zepoch Node NFTs will be available to those who have signed up for the whitelist and who stake 188,888 ZBC. After that, Zepoch Node NFTs will be available for purchase at gradually increasing rates. The 289th-300th “Zepoch” node will be priced at 2,000 USDT/BUSD. Then, the price of Zepoch NFT will increase by 0.5% (5/1000) for every 50 additional node holders, starting at the 301st “Zepoch” node.
NOTE: You can sell and trade your Zepoch NFT only after all 30,000 are sold. Until that point, it will not be possible to transfer or trade them.
Q: What goes into running a Validator Node for Zebec Chain?
A: Running a node for a proof of stake (PoS) chain like ZBC Chain requires setting up computing power that will contribute to network consensus. Validators receive rewards for proposing blocks and checking blocks of transactions.
We will have documentation soon on the requirements for running a Zepoch Node available soon.