Zipmex priceZMT $0.04214
Zipmex to USD Chart
Please wait a moment.
- Market cap
- Volume (24h)
- Volume/Market cap (24h)
- Self-reported circulating supply
- 65,457,505 ZMT
- Total supply
- 200,000,000 ZMT
- Max. supply
- 200,000,000 ZMT
- Fully diluted market cap
Please wait a moment.
What is ZMT?
ZMT is a ERC-20 token custodised on BitGo created and governed by Zipmex, a digital assets exchange and investment platform. ZMT is designed to be used mainly within the Zipmex ecosystem. Holders of ZMT will receive a boost on earnings from digital assets stored in Zipmex and can receive reduced transaction fees when trading on the Zipmex platform. ZMT is also designed to facilitate payments within Thailand with ZipPay, which will be rolled out in Q4 2021. Holders of ZMT can make electronic payments with ZMT using QR codes at stores in Thailand and receive cashbacks and rebates with every payment.
What is Zipmex?
Zipmex is the only fully regulated cross-jurisdictional digital assets exchange in Asia Pacific with a variety of investment products including interest-bearing accounts (ZipUp), lending (ZipLend) and payments (ZipPay). Its vision is to be the leading digital wealth generation platform in this region by providing people with better financial and investment opportunities. Fully-regulated by the relevant authorities and operational in Singapore, Australia, Indonesia, and Thailand, Zipmex provides users with a safe and secure platform to buy digital assets at the best prices via the provision of the deepest liquidity pools.
What are the use cases for ZMT?
Higher earnings from Zipmex earnings schemes when ZMTs are bought and staked. Lower lending fees from ZipLend when ZMTs are bought and staked. Make electronic payments with merchants while receiving cashbacks and other benefits in Thailand. Use to trade for other tokens on Zipmex exchange. Get trading fee discounts on Zipmex exchange.
What is the circulating supply of ZMT
There will be a total of 200,000,000 ZMT in the Zipmex ecosystem, of which 66,000,000 ZMT are targeted to be in circulation by the end of 2021.
38% of the total supply will be used for community development, 15% for private sales, 22% for the Zipmex team. The remaining 5% and 20% is allocated to Zipmex early advisors and the Treasury respectively.
While the total token supply is capped, the demand for ZMT is expected to continuously rise as the ecosystem and use cases for the token continue to expand. As ZMT will be gradually released into the market over the course of four years from launch, the Zipmex team will manage the demand and supply of ZMT.
How are ZMTs secured?
As the token is a ERC-20 token, it uses smart contracts for the token implementation.. On Zipmex, ZMTs are stored in BitGo's custodian wallet.
Who are the founders of Zipmex?
Marcus Lim is an accomplished entrepreneur who previously founded Oneflare.com.au, Australia’s fastest growing marketplace for local services, which was partly acquired to form part of the Domain Group (ASX:DHG) for AUD$43M. He is an expert with vast experience in the digital assets and financial technology industry. This has earned him speaking opportunities on Bloomberg, Channel New Asia and many more. Marcus graduated with a Bachelor of Economics and Bachelor of Commerce from the University of New South Wales and was a UNSW Co-operative Scholar. His vision to ‘make investing accessible through financial inclusion’. Marcus oversees the entire regional expansion and development of Zipmex.
Dr. Akalarp Yimwilai is a legal veteran in the finance industry specializing in capital markets and new asset classes. Having seen the benefits of blockchain and how digital assets can be used for driving positive change, he is a strong advocate in bringing the benefits to all. Prior to realizing this calling, Akalarp was previously an executive director in a securities brokerage and investment bank. With his Georgetown law degree and a PhD in Public Administration, Akalarp is at ease working within senior government and corporate finance remits.
Who is the Zipmex team?
Zipmex's management team comprises of a diverse group of finance and technology professionals with experience across sectors such as banking, consulting and tech.
James Tippett, Zipmex's Chief Technology Officer, a technology leader who specifically oversaw several major transitions, including MySQL to PostgreSQL and memcached to redis. Since 2013, he has mined and coded many blockchain-related technological applications. He was previously the Head of Engineering at AirTasker where he designed and developed numerous APIs, along with other back-end infrastructure and systems design.
Proud Limpongpan, Zipmex's Chief Strategy Officer, is a trained economist with both strategy and operations experience, Proud brings deep expertise in tech strategy and marketing to making finance accessible and fun. She has worked with private equity firms and multimillion dollar companies across nine countries, as well as invested in and built companies from scratch. She grew her latest manufacturing company by 16x in revenue within 3 years. Prior to Harvard Business School, Proud was a consultant at the Boston Consulting Group, focusing on establishing strategic initiatives for C-suite clients.
Jonathan Low is Zipmex's Chief Operating Officer. He is a seasoned banking professional who specialises in launching and scaling new products and divisions, always with the customer at heart. Previously from ING, where he was leading a Global Lending Program which was tasked with keeping ING at the forefront of digital innovation across 8 of its markets. He’s passionate about ensuring that the best product is brought to market, with a strong operational infrastructure that will enable scalable growth. Jonathan graduated with a Bachelor of Business, Finance and Economics (Hons) from the Unversity of Technology Sydney.
Learn more about the other members of the Zipmex management team here: https://zipmex.com/about-us/
Where can you buy ZMT?
Currently, ZMT is available for purhase on Zipmex exchange with plans to list the token on other exchanges as well.
No data is available now
Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure.