How Does Zupply Work?
Zupply is the new supply blockchain platform that will be used to usher in the new era within the industrial sector. The system is said to be designed to reduce the costs of business expansion and to open new market. It will in turn help make things more efficient and affordable for buyers and sellers alike. There is a whitepaper on the company website at zupply.net
The company is hitting a huge market that Zupply can hit with a non-traditional platform used for creating smart contracts used for buyers and sellers. They will be used for closing deals, but that can also be done in a more traditional manner to get an immediate payment of Ether.
After the deal is set, and the smart contract is finished, the sum will be released and sent to the supplier after the components are delivered. And as long as the components are in compliance with the contract, a small fee will be issued, and the contract will be considered complete. Apparently, the need for commissions like those requested by banks before money is given out can also be removed from the process.
What Are the Details on the Zupply ICO & ZUP Token?
The Pre-Sale ICO was already completed and you can buy tokens for the next 40 days at zupply.net. The Zupply ICO token sale started on February 24th and ended on March 3rd.
The total number of tokens is 100,000,000 ZUP with the accepted currency for purchasing them being Ether. They will exchange at a rate of 1 ETH to 40,000 ZUP with a minimum transaction of 0.1 ETH.
The start date for the actual ICO was on March 10th with an end date on April 21st. The total number of tokens for the ICO will be 500,000,000 with Ether being the accepted currency and an exchange rate of 1 ETH to 20,000 ZUP. There is a minimum transaction of 0.01 ETH.
Who is Behind Zupply Cryptocurrency?
Roberto Fabbri is the CEO and founder of the company and he was born at the University of Bologna. Once done there, he worked in IT and the operations sector of a massive manufacturing company, where he ultimately gained most of his experience. He then combined the two portions of his life to create Zupply. He’s the founder and Blockchain expert on the team.
There are others on the team as well as a few advisors to help keep the project moving forward. Their target is to reach 75,000 client companies in North America as well as Europe and Asia as well as other areas by the end of 2019. They are looking to create a total business worth of 1.2 billion United States dollars.
Zupply ICO & ZUP Coin Conclusion
If you’re looking to get I on a new platform early on, you can check out Zupply in greater detail. There still are a lot of questions left unanswered as to what the company will be doing exactly. But they seem to be on a path that is moving forward towards their vision. Learn more at Zupply.net.