Zap

Zap ZAP

$0.0646
Market Cap $ 15.246 MM (#369)
24h Volume $ 886.177 K
Chg. 24h: -11.55%
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Zap project purpose and description

Zap clarity of purpose

Zap purpose and aspects

Zap´s objective is to be disruptive, driving change in a wide range of global industries, including finance, insurance, real estate and shipping. Zap wil also find applications for individuals and emerging economies. Zap is well-positioned to be the premier provider of data for smat contracts, and stands to potencially monetize any device linked to the Internet of Things (IoT).

Zap additional differentiation against competition

Zap is introducing the econimic mechanism of bounding curver for the first time into the smart contract ecosystem. No economic device like them have been released into the marketplace so far, though they heve been inspired in part by Simon de la Rouviere´s writings on curation markets.

Zap categories

MarketplaceSmart contractsPlatform

Short description

ZAP is an ERC20 token that serves as currency on Zap's ecosystem. In order to create an oracle or make queries for data, both providers and subscribers must bond their ZAP, locking it up in an individual oracle.

Abstract

Zap’s objecve is to be disrupve, driving change in a wide range of global industries, including finance, insurance, real estate, and shipping. Zap will also find applicaons in dynamic new distributed applicaon protocols, providing new monezaon opportunies for individuals and emerging economies. Zap is well-posioned to be the premier provider of data for smart contracts, and stands to potenally moneze any device linked to the Internet of Things (IoT).

Link to Roadmap: https://zap.org/whitepaper.pdf
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