Zebec Network (ZBCN) news

What is Zebec (ZBC)?

Zebec is a financial streaming pioneer that offers real-time and uninterrupted payment streams for various financial transactions, including investments and payroll. Having been founded in 2021, Zebec has already attracted a whopping $35 million in investments from prominent companies, including Circle, Coinbase, Solana Ventures, Breyer Capital, Republic, and Lightspeed Venture Partners. Today, Zebec is proud to serve hundreds of companies, running thousands of continuous payment streams, effectively bringing the blockchain to everyday life.

Beyond Web3 applications, Zebec envisions a future where money moves more freely, providing individuals, businesses, investors, and teams with faster and easier access to funds and tokens. To ensure the mass adoption of real-time payroll, Zebec deploys its cutting-edge technology to traditional payroll providers.

How does Zebec (ZBC) Work?

Zebec is revolutionizing the financial streaming industry by offering uninterrupted payment streams for various financial transactions, including investments and payroll. Founded in 2021, Zebec has attracted a significant $35 million investment from well-known companies such as Circle, Coinbase, Solana Ventures, Breyer Capital, Republic, and Lightspeed Venture Partners. Zebec now serves hundreds of companies, running thousands of continuous payment streams, effectively bringing blockchain to everyday life.

Zebec has expanded from being a decentralized streaming protocol on the Solana blockchain to other blockchains. Zebec is now building a multi-chain ecosystem to power both traditional and web3 payroll applications. Zebec's fintech products and services include real-time payroll, payment cards, and treasury management. Zebec Card, the first Solana-based payment card, is now available in the UK and 26 European countries and is soon to be released in the US, LatAm, and Asia. Powered by the Mastercard network and accepted by merchants worldwide, the Zebec Card enables users to convert their cryptocurrency payments and savings seamlessly into fiat currency and spend them on everyday purchases. The Zebec Card has the lowest fees in the industry, making it an ideal solution for users seeking high rewards.

Zebec has partnered with Payroll Growth Partners, an investor in US-based payroll companies, to bring its real-time payroll technology to a diverse set of real-world companies. With Zebec's paycard technology and real-time payments, employees can receive their salaries with more flexibility, bridging the gap between crypto and fiat payments.

What is the ZBC Token?

Zebec's ZBC token serves as the utility and governance token for the platform. As a member of the Zebec DAO, ZBC holders can participate in decision-making processes regarding the protocol's future, including voting on governance, administration, and priorities. Additionally, ZBC holders can earn rewards and receive discounted streaming on the Zebec platform.

To manage the price of ZBC, the token is deflationary, with the total supply decreasing over time. To further support this, 50% of the protocol's profits are used on a monthly basis to buy back and burn ZBC tokens.