Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Zebec and our guest was . The AMA took place on the 31st of January.
The AMA session was divided into 3 parts with a total crypto reward pool of $500
In this AMA Recap, we will try to summarise the most interesting points for you.
Part 1 — introduction and questions from the Telegram&WebSite
Jonah 🏅🎹 | Satoshi Club
Hello Dear satoshiclubers, welcome to another AMA session
Pavel P
Hello everyone and welcome to our AMA session with Zebec!
Jonah 🏅🎹 | Satoshi Club
Its our pleasure to welcome our guests from Zebec @gautamsubash, @Sam_thapaliya
Hello welcome to Satoshi club
Pavel P
@gautamsubash, @Sam_thapaliya, welcome to Satoshi Club!
Subash Gautam
@Pavel_Jarosh ; thank you. pleasure to be here.
Jonah 🏅🎹 | Satoshi Club
How are you doing?
Sam Thapaliya
Thank you everyone here for having us. We are very excited to chat.
Pavel P
Pleasure for us to host you!
Jonah 🏅🎹 | Satoshi Club
We are excited for this AMA as well
Subash Gautam
We’re good. Hope the Satoshi Club community is doing great.
Jonah 🏅🎹 | Satoshi Club
We are doing very fine
Let’s start our AMA
Jonah 🏅🎹 | Satoshi Club
Can you please introduce yourselves to us, how you got into crypto, and how Zebec started?
Subash Gautam
Sure. I am Subash, I am the Head of Growth of Zebec Protocol. Read the Bitcoin whitepaper in 2015 and quickly got attracted by the technology and vision. That’s how i got started in crypto.
Subash Gautam
@Sam_thapaliya ; would like to go about how Zebec started?
Sam Thapaliya
Hi everyone, I am Sam Thapaliya. Founder of Zebec Protocol. I have been in tech since I was 15. I have started few companies and my previous company we are doing deep research in AI where I was developing Algorithm that was used by large Video streaming companies. I have few patents in US.
I got into Crypto in 2014-2015 when someone gave me small amount of Bitcoin and I realized that it is going to open a completely new world.
I started Zebec after I realized payroll and salary in the world runs slow and people are not getting what they deserve with work.
Hence , we created Zebec to make payroll and salary assessible to employees every second.
Jonah 🏅🎹 | Satoshi Club
Great Background guys
Jonah 🏅🎹 | Satoshi Club
Can you tell us a little about what Zebec is all about?
Sam Thapaliya
Zebec’s unique programmable and continuous money stream protocol makes it simple for anyone to send and receive cash up to the second for investments, payments, subscriptions and more. Zebec Pay, Zebec’s initial application, is the first tax compliant, on-chain payroll processing system enabling employees to be paid by the second — in USDC or other stablecoins — and immediately use their money. As a DeFi native model that offers the best payment solution for DAOs, crypto projects, Web3 and the metaverse, Zebec is built on Solana for ultimate scalability, speed and low transaction fees.
Sam Thapaliya
Instead of receiving your salary every month. Zebec enables you to have that every second in your wallet. No 1 monthwait no extra fees. Instantly Infront of you in real time.
Pavel P
So the usecase is both for individuals and businesses?
Sam Thapaliya
Absolutely, it’s for both.
Not just that Zebec is spearheading the evolution of how money is moved on the blockchain. Unlike traditional financial settlement systems that move money on a one-time basis and require intermediaries who charge fees and take multiple days to process transactions, Zebec’s streams can be started instantly and programmed as the user wishes.
Jonah 🏅🎹 | Satoshi Club
This is indeed a great Initiative , we will like to learn more about Zebec as we proceed.. are you ready to proceed to our community questions?
Pavel P
Community questions will surely let us know Zebec in details
Sam Thapaliya
Let’s do it.
Pavel P
Let’s check the 1st one!
Pavel P
Q1 from Telegram user @Modrumz120
From your website, i understand that Zebec’s near-term plans include getting the product out, a private sale in December and a public sale in February, Thapaliya said. The company is also gearing up for its SHIP 2021 hackathon, sponsored by the Solana Foundation, which encourages developers and hackers to build products on the protocol. Can you tell us how you plan on getting these products out and the requirements needed for users to be able to participate in such, can you elaborate on how you plan on making your private sale in December and your public sale in February? Thank you.
Sam Thapaliya
We shipped out 4 product which are in beta in last 3 months.
We launched first money streaming platform on Solana.
We launched first programmatic money streaming on Solana.
Also launcher first multi-state wallet on Solana.
We just closed our private sale which we will announce soon.
We are planning toward our public sale next month.
We will announce plans for IDO, IEO mid next month.
We did Hackathon where we had 261 projects where 21 companies are being built on top of Zebec.
We will see at least 100 companies built on top of our protocol for various things this year.
Sam Thapaliya
We will have a whitelist + various event via Exchanges for public sale.
Pavel P
Great numbers so far!
Jonah 🏅🎹 | Satoshi Club
A lot of great products here
Pavel P
So, I guess, the details of upcoming IDO, IEO and public sale will be soon available on your public channels?
Sam Thapaliya
Oh yes that is our plan. We are coming up with intresting style for our IDO.
Pavel P
Please tell more about it
Pavel P
At least, give a hint to our community
Jonah 🏅🎹 | Satoshi Club
Yes and also talking about the Whitelist, how can users participate to become whitelisted?
Sam Thapaliya
We are doing IDO in our own website + 2 other IDO platform.
And we have plan to work with 2 centralized exchanges firms on this.
Sam Thapaliya
We will select 1000 most engaging users/community for 50% of public sale and rest will be first come first basis
Pavel P
Satoshiclubbers, please make sure to follow Zebec’s official social media!
Pavel P
Thank you, guys for your answers!
Jonah 🏅🎹 | Satoshi Club
Great opportunity, community first
Jonah 🏅🎹 | Satoshi Club
Ready to proceed to the next question?
Sam Thapaliya
Let’s do it.
Pavel P
Q2 from Telegram user @MudaraSilva
I have heard about plenty of platforms that pay for activities such as ad-clicking, video streaming and reading emails. However, users cannot generate a decent income using this type of sites. Zebec also pays for streaming. Compared to the data charges, can we get a considerable return from your platform? Please briefly explain about your rewarding system. How long is a normal video on Zebec? What are the important factors that we have to keep in mind when streaming a video? In addition to streaming, do we have an opportunity to diversify our income on Zebec?
Sam Thapaliya
Zebec is not a video streaming platform. We are money streaming platform.
So, in YouTube and other Boomer video platforms you are shown horrible ads and experience is not good any time but using Zebec you can create new type of YouTube/Netflix where you can pay for only seconds of video watched. If Pavel is watching a video in Netflix instead of Paying 13.99$ upfront. He can only pay ok only for the seconds of video. It saves money and it monetized the platform without click bait content and ads.
Jonah 🏅🎹 | Satoshi Club
This is exciting, do the individual creators de ode on what this rates will be?
Sam Thapaliya
Yes, you can charge 1$ a second or 0.001$ per second. Infact you can create a new type of social media where instead of Play to Earn you can have watch to earn. More video consumer watch more money they get.
Imagine, Axie infinity but for Videos.
Zebec has 10000+ different use cases in the world and it will transform how we think about money and creator Economy and money transfer
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers
Jonah 🏅🎹 | Satoshi Club
Ready to proceed to the next question?
Pavel P
Nice attitude!
Sam Thapaliya
Thank you ser.
Let’s proceed to new questions.
Pavel P
Q3 from Telegram user @Meta_MateX
You call Zebec Pay as a low-fee, pay solution that enables employees to be paid by the second — in USDC or other stablecoins — and immediately use their money. Zebec Pay financial services include: Automated Dollar Cost Averaging, Investments & Yield-Farming, Crypto IRA & 401k Accounts & Free fiat On-Ramp & Off-Ramp. Could you provide a short description of each of these services, tell us how they simplify living for users and share their cost? Thanks in advance!
Sam Thapaliya
Absolutely.
Using Zebec from next month users can buy Sol , Btc over 1 month so that they don’t have to worry about price. They get average price of day/month/year. As our system buy small amount of Sol every second for you.
You can receive your salary in your own way.
10% in Sol, 10% eth , 10% BTC and 70% in USDC or Dogecoin(up to you )
Via Yeild Farming someone who is receiving 10,000$/month will receive money faster hence they get not 120,000$/ year rather 144,000$/year as they get 20% apy so we make Employees 20% extra money every year.
You will be able to buy anything in real world via our debit card as we provide free onramp and offramp. Imagine going to Starbucks and buying 1 Cup of Coffee from Salary you made 10 minutes ago.
You will be able to instantly money money from your bank account to Crypto and crypto to debit card seamlessly.
In US and various countries there are Taxes coming for Crypto but via Zebec crypto 401K they don’t have to pay fees when you make return on Crypto.
Jonah 🏅🎹 | Satoshi Club
Is this apy for yield farming fixed at 20%?
Sam Thapaliya
We are trying to give at least 20% it will hover 15-25%
Jonah 🏅🎹 | Satoshi Club
This is great
Thank you for your answers
Ready for the next question now?
Sam Thapaliya
Yes ser
Pavel P
Q4 From Telegram User @Rozielyna
Zebec Pay is redefining payroll for the 21st century, Where for the first time employees can be paid instantly, by the second, without having to wait days or weeks to be paid. I learnt that one can also use the Zebec protocol for streaming payments. What are the benefits of using the Zebec Protocol for streaming payments? Can you please explain the steps in involved in getting started with the Zebec pay? Is there a maximum or minimum amount required to create the stream payment account?
Sam Thapaliya
Using Zebec now you don’t have to pay for services upfront. From your Electric bill to rent to even AWS cloud expenses.
One-day, everything will happen in real time with highest capital effectiveness. There is no maximum amount and minimum amount. You can send me 1 Sol over next 1000 years
Pavel P
We can say – no limits!
Jonah 🏅🎹 | Satoshi Club
In a bid to improve your services what platforms have you partnered with?
Sam Thapaliya
Totally
Sam Thapaliya
We have partnered with Chainlink, Solana, Visa , Serum and soon we will announce 10+ partnership with fortune 1000 companies of the world.
Pavel P
Will the country of residence be important for those who decide to benefit from Zebec? I mean, have you faced any restrictions for using Zebec Pay from any perspective?
Jonah 🏅🎹 | Satoshi Club
An important consideration
Sam Thapaliya
Unlike most of crypto companies we have clear utility in real world. Except for countries where crypto is fully banned Zebec can do full tax filing starting in US. But anyone in the world can use Zebec’s money streaming platform.
We help solve problems like pay day lending where loan sharks charge 1000% intrest rate for giving short term loans so we have see many big firms supporting our project.
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers
Jonah 🏅🎹 | Satoshi Club
Ready for the 5th question?
Pavel P
Thank you for the explanation!
Sam Thapaliya
Let’s do it
Pavel P
Q5 From Telegram @iceVermithraxx
Going through your roadmap, I saw that you started an international hackathon last year and You recently announced winners of this hackathon but I also saw another upcoming hackathon event. Can you explain on your hackathon events and how Users/projects can participate in this event? also By Q1 2022, you have some planned integration with SaaS and DeFi service, can you share more information about these planned integrations? Has any integration with DeFi/SaaS been implemented yet? With NFT becoming popular in CryptoSpace, do you have any plan to introduce NFT into Zedec Protocol soon? Lastly, With Zedec Protocol built on Solana Chain, are there future plans to support different Blockchains Network?
Sam Thapaliya
This is a long question but let me try my best haha
Pavel P
Absolutely, take your time!
Sam Thapaliya
Last year we saw a great results with 260 project now. We will launch hackathon with much larger prize money and also a launch pad for all companies who are using Zebec to build their product.
We will give 1M$ in Prize as investment to people building companies on top of Zebec.
We are integrating with Visa and Serum and Tax platforms right now.
Sam Thapaliya
Zebec is also launching a nft sdk where a set number of Nft is released every second/hour/minute over some time.
We are also creating nft mint auction. Whoever can stream the money longest will get the nft.
Jonah 🏅🎹 | Satoshi Club
Are the details for the next hackathon out yet?
Sam Thapaliya
We love Solana infact my mother named our new dog Solana that’s how much we love them we don’t have that much of plans for other chains unless customer wants them
Sam Thapaliya
Next month we will announce that. We expect 500+ project and we might increase prize to 2m$
Jonah 🏅🎹 | Satoshi Club
Awesome..
Jonah 🏅🎹 | Satoshi Club
This will be a huge one
Pavel P
My cats are called Luna and Cosmos
Pavel P
But that’s just a coinsidence
Jonah 🏅🎹 | Satoshi Club
Thank you for your Superb Answers
Sam Thapaliya
Yeah pretty interesting haha
Sam Thapaliya
Haha thats Soo cute
Jonah 🏅🎹 | Satoshi Club
Ready for the last question of this part ?
Sam Thapaliya
Let’s do it.
Pavel P
Q6 From Telegram User @ItsMelissa3
As I could read in your roadmap, for the third quarter of 2022 the decentralization of Zebec will take place. A very important event and expected by the entire community. The launch of the DAO is planned for the third quarter of 2022, can you tell us if you also plan to launch a new token that will be used for the governance of Zebec? Regarding this DAO, what are the parameters that can be modified by the community of Zebec holders? How are the preparations going for this DAO? Why did you decide to implement governance in the third quarter and not before? Is there any specific reason?
Sam Thapaliya
We are launching token in Q1 and it’s normal for projects to take 6 months before launch of the DAO.
Also, we need foundation that can incentivize developers to build on top of Zebec.
Community can change what to do with Tresury
Community can change fees
Communitu can fire team members with community Proposal
Jonah 🏅🎹 | Satoshi Club
Are the details of your token ready yet?
Jonah 🏅🎹 | Satoshi Club
By this I mean the Tokenomics
Sam Thapaliya
Yes we do
Jonah 🏅🎹 | Satoshi Club
Can you please share with us
Pavel P
Before we proceed to the second part of our AMA, please also share your useful links
Sam Thapaliya
https://twitter.com/sam_thapaliya?t=pXq_C-dQgL8Z_ohysefP7w&s=09
Jonah 🏅🎹 | Satoshi Club
Thanks for sharing this
Sam Thapaliya
https://twitter.com/Zebec_HQ?t=JydQIdrJFMcnrwIIhhD6wg&s=09
Pavel P
Satoshiclubbers, please join Zebec for this revolutionary experience!
Jonah 🏅🎹 | Satoshi Club
Thank you for your answers in this first part
Pavel P
Thank you for your answers during this 1st part! Now we ready to let our community ask their questions LIVE
Pavel P
We will open chat for 120 sec. When it is closed back – please choose 10 questions to answer
Pavel P
Keep better on your chairs!
Sam Thapaliya
We are ready
Pavel P
We wave of questions will be unstoppable!
Pavel P
@jonahapagu, please open the gates!
Part 2 — live questions from the Telegram community
Q1 from Telegram user @Nadakinda
Zebec yield farming is not completely explained?
Sam Thapaliya
We have embedded major Yeild aggregator in back to create that
Q2 from Telegram user @jacobsjohn13
Recently, You have Organised the “ZEBEC’S GLOBAL HACKATHON” , Can you tell me how does this HACKATHON Went and What Feedback You have Got From the Community ?
Sam Thapaliya
We had great success with 250+ projects being developed. More people want to build projects with Zebec.
Q3 from Telegram user @centoscu
Only creating a project with great properties is not enough for success so do you have any partnerships to grow together?
Sam Thapaliya
We signed with world’s largest Fintech company while we were on beta. We are designed for singing partnership
Q4 from Telegram user @Kushal85127939
Please share some information on Zebec NFT sdk? Is there any guide book to assist the developers, artist or non Crypto Background person?
Sam Thapaliya
If you are a great developer reach out to us in discord with a plan for this project. We would like to give you a small grant to launch this company
Q5 from Telegram user @tomo_fan
As “Zebac Pay” is your first application,
Can you please State its features?
Other than USDC,
What stablecoins will be accepted?
Sam Thapaliya
We love USDC . But USDT, UST, DAI and FRAX all are featured
Q6 from Telegram user @JaviSuBs
Many Defi protocols had cyber attacks last year. I would like to know how safe our data and assets will be on your platform? What is your security system? Is Zebec a project without restrictions of any kind open to any country in the world? Is KYC verification required to participate in your project and be able to obtain the debit card? Is the card and Zebec associated with VISA?
Sam Thapaliya
We have been audited by 4 companies. And we have major way to protect users funds
Q7 from Telegram user @Jonathantross
There are Already Varieties Of Protocols In the Market , So Why Users Should Use the ZEBEC PROTOCOL , Can You list 3 /4 Primary Benifits of it ?
Sam Thapaliya
No fees
Can file taxes
Has debit card
More secure
Doesn’t lock your money
Yeild
Multisig
Q8 from Telegram user @tomiokaib
Zebec allows direct and instant settlement of financial transactions between the parties, without the need for intermediaries. Could you explain to us how you manage to achieve this and thus displace the traditional financial system?
Sam Thapaliya
We have a system via a PDA to acheive this feat. Where we are able to create micro transaction without any cost
Q9 from Telegram user @Val_Blaz
Hey there
I WANT TO ASK THAT WHY DID YOU USE THE #SOLANA BLOCKCHAIN TO BUILD YOUR PROJECT? (Their recent outage is becoming alarming)
THERE ARE SO MANY OTHER BLOCK CHAIN
Sam Thapaliya
There has been only 1 outage with Solana. As an 18 months old company they have done more transaction than every other Blockchain combined with small fees.
Part 3 – Quiz Results
As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.
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