Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] ⚡ ZEEX ⚡ ⚡ CRYPTO TO PRODUCT ⚡ NO FIAT, NO FEES ⚡
by
LudiMax
on 31/07/2018, 04:44:08 UTC
How will the platform be monetized? Do you really have 0 fees, or will they be minimal?

There really are zero fees! Zeex does not exist to make money - it is simply a protocol, to help the economy to thrive and flourish. We aim to build a protocol, and then the free market will take over. Check out this medium post for a more in depth look: https://medium.com/the-zeex-protocol/the-zeex-business-model-with-cto-ziv-isaiah-3c588ad19da

That's really a noble cause and it would be great to have such a protocol flourish. I think people are just wondering what's the profit here for the team.

Maybe team will be able to get gift cards in bulks at lower prices?Something like that.

What do you mean in bulk? like 10 cards for  10 $ for one retailer?

it is possible that Zeex as platform will redeem a certain number of gift cards at a slightly lower value and then sell them for face value...

Nope! Zeex is decentralised - as such, gift card distributors/brands themselves will decide the discount levels to list their gift cards, and that is exactly what the consumers will have available to them. Zeex is simply the protocol, not the middle man taking a cut!

Thanks for clarifying this.