Zap August Update 2019 – The Zap Project
New Oracles Released
Two more oracles were released on our mainnet platform this month — The KrakenAPI and the BitrueAPI. Here are the current stats:
KrakenAPI:
- 197,127.00 Zap Bonded
- 441 Dots Bound
BitrueAPI:
- 107,498.31 ZAP bonded
- 4,346 Dots Bound
These oracles, among others available, can provide smart contracts and DApps the crucial data they need.
More Data Oracles Coming, Development Continues
We will begin to release more of the oracles we have created each month. As well, we have a host of oracles being fine-tuned. Keep an eye out for oracles providing sports, political elections, and even gaming data, to name a few.
Remember that any of these oracles can be tied into the templates we have created (or will create) for decentralized development. (Event Contest, Bonding Curve DAO).
Eventually, with the release of a multi-party oracle (which is approaching technical review phase), the ability to aggregate data from multiple oracles to actuate smart contracts will give the decentralized community the assurance it needs progress this nascent market into its next stage.
Coinvention
Zap and Convention are partnering together for this year’s event on September 20th-21st. The two-day event will see over 100 developers at the Co.invent Hackathon followed by speakers and workshops the next day during Philadelphia Blockchain week.
We are set to showcase our technology during the hackathon.
Please stay tuned for more info.
Nick Spanos, Co-Founder of Zap is also set to speak the next day.
Futurist Conference
Two Zap leaders spoke at this year’s Futurist Conference, presented by Untraceable, in Toronto, Canada. Nick Spanos got a standing ovation for his speech in which he discussed his beginnings into tech, early blockchain projects, the Zap project, and finished with a call to action for decentralization.
Also speaking was Devops advisor for Zap, Steve Geros, who further solidified his status as an industry worldwide leader on the topic of cryptocurrency security.
State of the Token
The Zap token is currently held in approximately 1,780 wallets. The token is available for purchase in private sales from token holders and on a limited number of third-party marketplaces (or “exchanges “) subject to the rules and laws governing those entities.
Zap tokens have received increasing interest among these third-party marketplaces this year. Development teams continue to have these discussions to meet these needs.
In addition, most Zap tokens are not used for trading. As reported, trading accounts for only about 2–5% of the Zap tokens’ aggregate value. This means nearly 98% of the aggregate value of Zap is in tokens which are not used in trading. This suggests Zap holders tend to be focused on the technology and long-term growth prospects of both the Zap marketplace and affiliated applications and of blockchain technology generally.
The token is designed to be staked in the Zap marketplace, which allows the holder to receive special-purpose tokens for assignment to specific “bonding curves” (a mathematical representation of a smart contract) for any of a variety of listed data sources feeding information to a smart contract.
Telegram: t.me/ZapOracles
Twitter: @ZapOracles
Facebook: @OfficialZapStore
Medium: The Zap Project
LinkedIn: Zap
GitHub: The Zap Project
Published at Fri, 30 Aug 2019 23:31:08 +0000
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