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Zamzam Token news
About Zamzam Token
A peer-to-peer blockchain crowd fundraising application Empowering individuals and socially responsible corporations to wholly fund transparent socially sustainable initiatives AND disrupt traditional charity structures. https://app.zamzam.pro
A WEB3 Binance-based blockchain application designed to support humanitarian & socially sustainable initiatives.
A truly Sharia Compliant project with an experienced sharia board involved with the birth and growth of Islamic Banking. Our vision is to be the cryptocurrency payment option for the Arabian and Islamic World.
Zamzam is not a charity. It’s a tech platform: A Binance-based blockchain application designed to support humanitarian & socially sustainable initiatives. A platform built for donors and socially responsible organizations to identify and fund innovative people and projects with long-term sustainability goals, or with an immediate need for relief. Very interested in listing projects with innovative ideas that promote sustainability. Alternative energy, Biogas, vertical agriculture, and educational empowerment.
Goals:
Goal one: Zero fees.
The purpose of the Zamzam project is to disrupt charity. It empowers donors to support projects without needing a middleman. This eliminates costs (rent, salaries, etc.) Zamzam takes zero commission.
Goal two: Transparency.
(Where does my money go exactly?) (What does my humanitarian project cost exactly?)
It allows donors to target the precise project they select and track their funds on blockchain when using Zamzam tokens. Furthermore, when using Zamzam, the project’s cost/price is 10% lower. This is accomplished when onboarding suppliers. They’re given four forms of payment: Fiat (USD), Stablecoin (USDT), no payment (Free), or Zamzam tokens. If Zamzam tokens are chosen, the suppliers accept it with
the understanding that the price fluctuates, and there’s a risk of depreciation. However, their acceptance and use of the token supports the overall project. In the spirit of support, the supplier provides a ten percent 10% discount. This 10% saved will be used for:
• Token burns (4%)
• Liquidity supply in the form of USDT (4%)
• Rebate to project Zamzam at its disposal (1%)
• Rebate to all users at their disposal (1%) crowd voting.
The project funds itself by selling Zamzam tokens on exchanges, and that’s how it survives with 0% commission. The more projects running concurrently, the higher the value and liquidity of Zamzam Tokens. Project Zamzam can fund itself for multiple human lifespans.
Goal 3: DAO, Democracy and refunds
Users control the project by voting at all stages. Release payment.
Donors get refunds if dissatisfied. Refund payment.
Donors rate and rank project angels. Bad ratings get them removed.
Donors determine fate and direction of project at main junctions once current founder and CEO steps down: New CEO hiring and firing, burns, mints, countries, communities etc.
How does Zamzam disrupt charities and empower companies instead?
The application has many features, cleaned up to a simple solution. It’s a one stop shop CSR department. KYC and AML are taken care of on the backend (Jumio integration and AI red flag warning system). Add a logo and description and the CSR section on Zamzam Application is complete and ready to roll.
The application accepts all forms of payment (credit card, debit card, Apple pay, cryptocurrencies) and does the job of virtually 3 employees (sorting, marketing, KYC, background, correspondence). This allows small and medium companies to have a CSR department without needing to hire anyone additional. It has access to a large array of projects organized neatly. One person can log in and select a project they’d like to donate to. Large organizations can also market their custom CSSR initiatives. For example, Energy Bank announces that it’s looking to support any initiative that supports alternative energy in the community. Project angels and community leaders upload their projects directly to the platform and specifically to the bank’s section. If approved, the project is funded and shown as an Energy Bank CSR project. As usual, all costs, phases, and updates are available for everyone to see.
Project Zamzam does not force anyone to use its tokens for donations. All payment options are available for two main reasons. First, the general population does not necessarily know how to create a wallet and pay using cryptocurrencies. Secondly, we would like donors and suppliers to use Zamzam Token as a show of support and faith in the project. The fate (volume & price) is directly tied and correlated to the amount of humanitarian projects that use Zamzam as a form of payment. Anyone holding Zamzam Tokens is supporting the project. Any supplier who accepts Zamzam tokens despite its volatility is supporting the project. The more tokens removed from circulation on exchanges, the higher the price becomes as supply is decreased. We have tied “good deeds” with “making money”,to motivate investors, speculators, and traders to create projects and increase the value of their holdings.
Our Mission:
To disrupt charity
To support individuals who don’t have the funds, reach, or credibility to fund their humanitarian objectives by providing an intelligent platform that is self-sustainable.
To empower individuals and companies to do good easily and transparently without needing a middleman who has overheads and other expenses. Allowing 100% of funds to go directly and transparently to the project they support.
To ensure that our digital creation encompasses and implements ESG criteria. ESG (Environmental, Social, and Governance) criteria are a set of standards for operations that ZAMZAM maintains as a steward of nature, employees, and leadership. Social and environmental sustainability are a key priority for the ZAMZAM project. We will continually monitor and improve our ESG practices in a diverse and innovative manner at the cutting edge of technology.
To develop an open source blockchain network that allows anyone to support a person/project around the world by sending a ZAMZAM token directly to a shop, contractor, hospital, or any other sort of establishment to fulfill their needs: Eliminating the middleman (aka Charity).
To partner with innovative individuals and institutions globally that can support our vision by increasing our sphere of influence and increase the number of projects and donors.
To assist converting users onto Binance blockchain to use and accept our technology. In the cases where the concerned establishments are not technically proficient nor prepared to accept ZAMZAM tokens, we will assist by receiving and converting the ZAMZAM tokens sent to a more palatable digital currency or fiat currency. (Crypto Concierge service)
To be the main central aggregator of innovative humanitarian projects globally.
Zamzam has branched into two other fields with its two subprojects: Zamzam Times and Zamzam NFT. As the region grows and new niches uncover themselves, project Zamzam evolves and expands into them. As a humanitarian project, its goal is to provide the humanitarian application with 0% fees. These projects are one part of how it funds itself.
https://zamzamtimes.comhttps://zamzamnft.com
Popular Tokens on the BNB Smart Chain (BEP20) Chain
The live Zamzam Token price today is $2.30e-7 USD with a 24-hour trading volume of $4,084.75 USD. We update our ZAMZAM to USD price in real-time. Zamzam Token is down 0.01% in the last 24 hours. The current CoinMarketCap ranking is #5051, with a live market cap of not available. The circulating supply is not available and a max. supply of 100,000,000,000 ZAMZAM coins.
If you would like to know where to buy Zamzam Token at the current rate, the top cryptocurrency exchange for trading in Zamzam Token stock is currently ProBit Global. You can find others listed on our crypto exchanges page.