ZED NETWORK Review



INVEST NOW at https://www.zed.network/

 Background
The Challenge for MTOs
There are three (3) main issues facing Money Transfer Operators (MTOs) that prevent them from growing and scaling up: 
1- Banking Problem
In recent years, government regulations and compliance costs have created a toxic environment that is causing banks to shut down accounts of thousands of small to medium sized MTOs. Hence, MTOs are constantly looking over their shoulders, worrying about their banking relationship, without which they could not survive. 

Without a solid banking relationship MTOs are hesitant to invest in technology or innovations, opening doors for new age, digital first remittance companies such as Azimo, Remitly, Transferwise, WorldRemit and ZipZap that further erode their market share. 

 2- Cash Flow Issue
These regional remittance companies are forced to create multiple Nostro accounts in every market and corridor they wish to operate in or use a network of correspondent banks all of which require significant prepaid deposits to enable same day payouts (which consumers demand). 

This cash flow requirement is a major obstacles to the growth of MTOs . It is also highly inefficient and further drives up costs for end users and corporate clients.   

 3- Technology Challenges
Cash starved MTOs are spending most of their resources on compliance and maintaining their customer base with ever decreasing margins. The therefore have no resources to invest in technological innovations, many of whom still have no web site or mobile apps despite high customer demand. 

The combination of lack of banking support, ever tightening regulations, tight cash flow and lack of technological innovation to break the cycle, have forced many MTOs to branch out into offering other services (e.g. long distance airtime, wireless phones, gift delivery, etc.), be acquired or shut down. 

 Introducing ZED
ZED Network is a cryptocurrency enabled platform that is designed to power global money transfers in real time. 

ZED Network is powered by the ZED tokens, which is purpose-built for remittances on top of Stellar Distributed Ledger, enabling instant money transfers across the world. 

ZED Network is designed as a compliance-friendly solution that enables Money Transfer Operators to leverage leading blockchain technology to rapidly scale their business. 

For small to medium sized MTOs that can't effectively compete with larger MTOs due to banking, technology and cash flow issues, ZED offers a Platform as a Service built on a distributed ledger that is designed to reduce costs and transaction friction.  

 Why ZED?

 A Currency Primer
A currency is really an accounting system. Historically, currencies have been physical tokens that are taken as proxies for an asset but in modern times currencies have evolved into pure accounting with neither tokens nor assets coming into play. 

Currencies have value as a medium of exchange, and so they can have value even if they are not backed by assets. Being the issuer of a currency is an enviable position to be in, being quite literally a "license to print money." Because of that, the world's governments have generally claimed a monopoly on the practice, particularly in modern times. 

 Platform Technology
ZED is built on top of Stellar platform with connectivity to BTC , ETH and XLM methods of payment. 

ZED Network interacts with the Stellar network through Horizon, a RESTful HTTP API server. Horizon is designed to provide us a straightforward way to submit transactions, check accounts, and subscribe to events. 

Behind the scenes, ZED Network connects to Stellar Core, the backbone of the Stellar network. The Stellar Core software does the hard work of validating and agreeing with other instances of Core on the status of every transaction through the Stellar Consensus Protocol (SCP). The Stellar network itself is a collection of connected Stellar Cores run by various individuals and entities 
 

Token Distribution
ZED Network Inc. is a for profit company based in Ontario, Canada and the custodian of the ZED monetary system and protocol . 

ZED will issue 100 Billion Tokens with the following distribution ensured by smart contracts inspected and certified by an independent third party auditor to be selected prior to Public Offering: 
1. Sell 5 Billion Tokens in a Private and Public Offerings to raise money for operations, Sales & marketing, software & technology, reserves & liquidity and growth & expansion.
2. Reserve 16 Billion Tokens for future sale to MTOs for liquidity
3. Retain 15 Billion Tokens by Company to pay for staff, management, Executives, Advisors & Board Members
4. Allocate 49 Billion Tokens for community programs, rewards, partnership deals and investments in startups in the developing countries
5. Unlock 15 Billion Tokens for sale on a predetermined

 HODL Rewards
We wish to reward early investors (Phase 1 & 2 investors only) who do not sell their tokens with additional rewards for holding on to their ZED tokens for up to 3 years as follows: 

1. HODL all ZED tokens for 1 year after Public Offering: Receive 10% bonus in ZED tokens
2. HODL all ZED tokens for 2 year after Public Offering: Receive 30% bonus in ZED tokens
3. HODL all ZED tokens for 3 year after Public Offering: Receive 60% bonus in ZED tokens

 Launch Plan
Investor Private offering started on July 30, 2018 at 12:00 a.m. UTC and is planned to continue until December 30, 2018 at 12:00 a.m. UTC or upon selling a min of 1 Billion allocated tokens via SAFT, whichever comes first. Public Offering is scheduled to start approximately on September 30, 2019 at 12:00 a.m. UTC and is planned to continue until end of December 30, 2019 at 12:00 a.m. UTC or upon selling a min of 4 Billion allocated tokens, whichever comes first

Tokens can be purchased for USD, CAD, BTC, ETH & XLM. 
  

 Key Dates
Announcement……………….. 1/18/2018 
TestNet Launch  …………….. 4/30/2018 
Private Offering Begins…… 7/30/2018 
Product Launch ….. 8/30/2018 
Private Offering Ends………. 12/30/2018 
Public Offering Begins..... 9/30/2019 
 Public Offering Ends …….. 12/30/2019 

 Use of Funds

 Use Cases
P2P REMITTANCE
Facilitating cross-border settlements and remittances is a great use for blockchain-based technologies such as ZED Network.

 CORPORATE PAYMENTS
Most corporate payments today are still paper-based. 83.5% of payments (by volume) are still made by check and 50%-60% of businesses receive and pay by checks according to Federal Reserve and The Clearing House Payment Company.

 Growth Strategy
We intend to employ a three (3) prong approach to growing ZED Network:

1. Target MTOs in key strategic markets through a direct sales force and expand market share rapidly using ZED for settlement between entities

2. Create liquidity using cash from treasury to jumpstart markets. Partner with Gateways, hedge funds and other market makers globally to increase liquidity once we prove the market viability.

3. Incentivize Startups in developing countries and the community to promote and build solutions on top of ZED Network
Marketing Plan
Targeting MTOs
ZED plans to primarily target Tier 2 through direct sales, marketing and PR activities. We will also promote ZED Network to Tier 3 MTOs for self-registration on www.zed.network. 

Out initial market focus will be targeting Sender MTOs in Canada and Receiver MTOs in Asia Pacific through partnerships with aggregators (for quick market entry). We will then expand sales activities to Sender MTOs in the UK, EU and U.S. and Receiver MTOs in LATAM, Africa & Middle East. 

 Listing at Exchanges
We plan to partner initially with Gateways and Anchors in the Stellar distributed exchange after a comprehensive review and approval by our compliance team. This will allow us to provide immediate liquidity while we build our trading volume in 2018. 

We then plan to work with the top public exchanges the world including Canada, UK, EU, LATAM, S.E. Asia and China/Japan/Korea to get listed by the end of 2019. 
Investment & Community Programs
We plan to allocate 27 Billion Tokens for community programs, rewards, partnership deals and investments in startups in the developing countries. 

 We plan to create a subsidiary called ZED Ventures, seeded from the above Tokens to micro- invest into seed funds in the developing countries to build solutions that enhance ZED Network, create meaningful local jobs and increase liquidity for ZED Tokens. 

We also plan to create and host several programs to promote our brand in the communities we serve by sponsoring events such as DevCons, Hackathons, contests and other promotion campaigns involving ZED Army volunteers.   
Competition

 So join now and invest at https://www.zed.network/
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