Zuum is a platform that provides direct communication between users and service providers. Users will be able to use the developed mobile application to quickly find and order the services they need. The use of Blockchain technology and smart contracts will ensure the platform’s quick operation and security when concluding transactions between users and service providers. Also, users will be able to evaluate the quality of the services provided and leave feedback on the platform.
Business Model Overview Zuum (ZMC)
1. The validity of income
The project will receive revenue from the monthly premium premium service providers. The platform does not charge a transaction fee from service providers and consumers when using ZMC tokens for transactions. Service providers can earn more revenue because the ZUUM platform allows them to set their own tariffs for services.
2. Number of currencies accepted
The project accepts such liquid currencies as: ETH, BTC, LTC, ACH, USD, EUR.
3. Token emission
The project has a limited number of tokens. A total of 10 000 000 000 ZMC tokens will be issued (p. 10 White Paper).
4. Discount on the purchase of tokens
The discount on the purchase of tokens is 60%.
In the provided flow chart, the project goals are indicated until 2021 (p. 9 White Paper). After the ICO, developers will allocate funds as follows: 30% - “Research and development of the platform”, 40% - “Marketing”, 30% - “Operating expenses”.
6. SOFT CAP / HARD CAP Ratio
Assessing the SOFT CAP / HARD CAP ratio is not possible because the project lacks the SOFT CAP and HARD CAP values.
7. MVP availability
The project has a developed mobile application available in the App Store and Google Play.
8. Risk assessment and insurance
At the same time, however, there are no risk assessments by international standards, as well as any risk insurance methods, for example, Escrow, which increases the risk of loss of capital of potential token holders.