What is Zebec (ZBC)? Money Payment Service on Solana
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What is Zebec?
Zebec is a treasury management system that utilizes the multisig method and functions as a money stream platform on Solana. This solution aids in streamlining the payment process for users engaging in buying, selling, and investing activities by removing the need for third-party involvement.
One of Zebec's notable features is its automated payment function, which allows businesses, employees, and consumers to redefine their payment methods, investment strategies, and purchases.
Additionally, users can also participate in investment, buying, and selling of products or services through four main products: Zebec Card, Zebec Safes, Payment Stream, and Web3 Banking.
![what is zebec](https://file.coin98.com/images/what-is-zebec-Acwi8TNCKv32MS1y.png)
Products of Zebec
Zebec provides 4 main products: Zebec Gift Card, Payment Streams, Zebec Safe, and Web3 Banking.
Zebec Gift Card
The Zebec Gift Card is an international debit card that supports users in 10 countries. It is popular in countries such as Nepal, India, and Indonesia. Users can utilize the Zebec Gift Card for various use cases, including:
![zebec gift card](https://file.coin98.com/images/zebec-gift-card-4xjqtSmxjxYa23FF.png)
Payment Stream
The Payment Stream is a solution used to improve the speed and security of the payroll systems in businesses. This payment technology has transformed the way salaries are distributed to employees. By using Payment Stream, businesses and organizations can eliminate the need for third parties, saving money and time and reducing the risk of payroll fraud.
For example, in a traditional setting, Company B pays Employee A on the 5th of every month through a bank. However, if Payment Stream is implemented, Company B can automate the payment process to Employee A based on the company's designated timeline, using digital currency instead of relying on a bank.
In addition to providing immediate access to funds, Payment Stream also allows users to utilize digital currency by distributing and vesting tokens.
Zebec now offers automated dollar-cost averaging as a service to its customers, using price feeds of Chainlink. With this feature, users can allocate a certain percentage of their paycheck to be automatically converted into various cryptocurrencies. Additionally, users have the option to invest and participate in yield farming. There is also the option to allocate a portion of earnings to IRAs or 401(k) accounts, which adhere to different regulatory requirements.
Zebec Safe
The Zebec app offers a comprehensive financial infrastructure and security to individuals, investors, and Web3 businesses. It includes Zebec Safe features, which is a treasury management system utilizing a multisig wallet that meets the security standards of top Web3 audit firms like CertiK and Trail of Bits.
Firstly, Zebec Safe allows users to manage their cryptocurrency wallets and conduct transactions with the ability to pause, cancel, and resume payments using cryptocurrencies almost instantly. Additionally, users can save, spend, invest, manage, and off-ramp funds through Zebec Safe.
Secondly, Zebec Safe provides advanced customization options to meet various workflow requirements and comprehensive treasury management capabilities for all Solana-based projects through the use of the SPL token standard. The cutting-edge multi-signature technology of Zebec Safe adds significant value in enhancing blockchain governance, decentralized autonomous organizations (DAOs), and token incentives within the Solana ecosystem.
Moreover, Zebec Safe easily integrates with decentralized applications (dApps) on two blockchains, Solana and BNB Chain, through many supported SDKs.
Web3 Banking
Zebec has developed its own Web3 Banking service to serve users' needs for the following purposes:
* Note: Currently, Zebec's Web3 Banking only supports transactions with USDC.
The prominent feature of Zebec
Zebec has three main advantages:
![zebec pay](https://file.coin98.com/images/zebec-pay-FzKWAIABUULf6rhj.png)
What is the ZBC token?
ZBC Token Key Metrics
ZBC Token Allocation
Zebec announced their token allocation below:
![zbc token allocation](https://file.coin98.com/images/zbc-token-allocation-OVh0QZpx7UpCEc3L.png)
ZBC Token Sale
ZBC has completed a private sale round with the participation of leading investment funds such as Circle, Coinbase, Solana Ventures, and Lightspeed Ventures. The private sale round for ZBC raised 21 million USD.
The public sale for ZBC was completed at a price of 0.021 USD per token and raised 7 million USD.
![zbc token sale](https://file.coin98.com/images/zbc-sale-vhzJVw7lZ9ygGu6H.png)
ZBC Token Use Case
By holding ZBC tokens, users will receive the following benefits:
How to buy ZBC Token
User can buy ZBC through 3 ways:
Project team, investors & partners
Project team
The founder of Zebec is Sam Thapaliya, an expert in video platform analysis and artificial intelligence. He is also an angel investor in DeFi and crypto protocols.
Furthermore, the Zebec team is global, with members located in the US, India, Australia, and Africa.
Investors
In the seed round of November 2021, Zebec raised 6 million USD from investors such as Republic Capital, Shima Capital, and Breyer Capital.
In the Series A round of February 2022, Zebec successfully raised 15 million USD from prominent venture investors in the crypto market, including Solana Ventures and Coinbase Ventures.
Additionally, Lily Liu, President of Solana Foundation, also served as an advisor to Zebec in expanding their project.
![investors zbc](https://file.coin98.com/images/investor-zbc-npBfV7NyhlZMvt6U.png)
Partners
The partners of Zebec include:
Similar Projects
Superfluid is a project that functions similarly to Zebec. Superfluid is a protocol that enables automatic execution of transactions over time on the blockchain without requiring excessive user interaction.