New York, USA, April 10, 2024, Chainwire
In a major strategic transfer, the Zebec protocol and its ZBC token will likely be renamed the Zebec community and the corresponding ZBCN token to raised characterize the enterprise' expanded product portfolio and the strong infrastructure community that underpins it. Moved to ticker. ZBCN will begin buying and selling on exchanges from at the moment after computerized migration.
Vital particulars of ZBC to ZBCN token swap
Change interval: From April tenth to Could tenth
Provide stability: No new provide is launched to the market
Tokenization: The 1:10 token break up is meant to increase community utility and enhance accessibility.
Constant tokenomics: ZBCN maintains ZBC's governance, utility, vesting, and lockup schedules. ZBCN Tokenomics Reference
Rationale for migration and organizational progress
Zebec has advanced to combine a number of protocols and a wide range of blockchain-enabled fee and payroll merchandise right into a unified community. This integration considerably will increase the usability of the community and helps fee flows for real-world belongings (RWA), information, and bodily infrastructure (DePin).
Sam Thapaliya, Founder and CEO of Zebec, mentioned: ZBCN is best fitted to rising infrastructure, numerous use instances, and rising transaction volumes. ”
The transition to ZBCN is predicted to reinforce liquidity, facilitate broader market participation, and enhance scalability. That is consistent with his strategic imaginative and prescient for Zebec to construct an inclusive monetary ecosystem and pave the best way for future improvements and strategic partnerships within the blockchain house. This transition displays Zebec's dedication to adapting its enterprise and know-how to satisfy evolving market calls for and person wants.
The corporate is dedicated to making sure a seamless conversion expertise from ZBC to ZBCN, thereby preserving and enhancing worth for contributors and token holders, guaranteeing a easy transition for token holders . migration.zebec.io
About Zebec
Zebec is a decentralized infrastructure community for real-world worth flows. Based in 2021, Zebec has attracted his $35 million funding from Circle, Coinbase (NASDAQ:), Ventures, Breyer Capital, Republic, Lightspeed Enterprise Companions, and extra.
Presently, Zebec Community powers RWA funds, information and bodily infrastructure (DePin), serving a whole lot of enterprises within the Web2 and Web3 economies and integrating blockchain into their every day lives.
Press contact: [email protected]
Disclaimer: This press launch comprises forward-looking statements which can be primarily based on present expectations, projections and assumptions and are topic to dangers and uncertainties. That is for informational functions solely and shouldn’t be thought-about funding recommendation or monetary steerage. Readers ought to conduct their very own analysis and seek the advice of a monetary skilled earlier than making any funding selections.
contactElena SolovyovZebec Io[email protected]
This text was initially printed on Chainwire
