New York, USA, April tenth, 2024, Chainwire
In a big strategic transfer, Zebec Protocol and its ZBC token have transitioned to a brand new identify The Zebec Community and corresponding ZBCN token ticker to raised symbolize the enterprise’s expanded product portfolio and the sturdy infrastructure community that underpins it. ZBCN to start out buying and selling on exchanges at present, put up computerized migration.
Key particulars for the ZBC to ZBCN Token Swap
Swap Interval: April tenth to Might tenth
Provide Stability: No new provide to be launched into the market
Token Cut up: A 1:10 token cut up goals to develop community utility and enhance accessibility.
Constant Tokenomics: ZBCN retains ZBC’s governance, utility, vesting, and lock-up schedules. ZBCN Tokenomics reference
Migration Rationale and Organizational Progress
Zebec has advanced, consolidating a number of protocols and integrating a wide range of blockchain-enabled fee and payroll merchandise right into a unified community. This integration considerably boosts the community’s utility, supporting real-world asset (RWA) fee flows, information, and bodily infrastructure (DePin).
Sam Thapaliya, Founder and CEO of Zebec, acknowledged, “Our transition to ZBCN and rebranding to The Zebec Community mark crucial steps in increasing our capabilities and enhancing our market presence. ZBCN is best suited to our rising infrastructure, numerous use instances, and the rising transaction volumes.”
The transfer to ZBCN is anticipated to boost liquidity, encourage wider market participation, and enhance scalability. It aligns with Zebec’s strategic imaginative and prescient of making an inclusive monetary ecosystem, paving the best way for future innovation and strategic partnerships within the blockchain sector. This transition displays Zebec’s dedication to adapting its enterprise and expertise to satisfy evolving market calls for and person wants.
Token holders are assured of a easy transition, with the corporate dedicated to making sure a seamless conversion expertise from ZBC to ZBCN, thereby preserving and enhancing contributors and token holders worth. migration.zebec.io
About Zebec
Zebec is a decentralized infrastructure community for actual world worth flows. Based in 2021, Zebec has attracted $35 million in investments by Circle, Coinbase (NASDAQ:), Ventures, Breyer Capital, Republic, and Lightspeed Enterprise Companions, amongst others.
At this time, Zebec Community powers RWA funds, information and bodily infrastructure (DePin), servicing tons of of corporations in web2 and web3 economies, integration blockchain into on a regular basis lives.
Press contact: elena@zebec.io
Disclaimer: This press launch comprises forward-looking statements based mostly on present expectations, forecasts, and assumptions, that are topic to dangers and uncertainties. It’s supposed for informational functions solely and shouldn’t be thought of funding recommendation or monetary steerage. Readers ought to conduct their very own analysis and seek the advice of with monetary specialists earlier than making any funding choices.
ContactElena Solovyovzebec.ioelena@zebec.io
This text was initially printed on Chainwire
