Zebec Raises $15 Million in Venture Capital Funding from Circle, Coinbase, Alameda Research, Solana Ventures, and Lightspeed Venture Partners, among others.
The Zebec Protocol is Solana’s first programmable cash flow protocol, providing real-time and continuous streams of payments and financial activities for wages, investments, and more. Automatic money streams enabled by the Zebec Protocol enable businesses, employees, and consumers to radically reinvent how they are compensated, invest, and purchased goods and services.
The protocol’s long-term goal is to enable large-scale, direct financial transactions between sender and receiver. This implies that all third-party middlemen and go-betweens are eliminated. This is shorthand for the abolition of the conventional economic and financial systems, which are completely dependent on middlemen.
Zebec Payroll is First Tax Compliant, On-Chain Payroll Processing System. It is revolutionizing payroll in the twenty-first century. For the first time in history, employees may get paid quickly, within seconds, rather than having to wait days or weeks. Apart from providing employees with quick access to their funds, Zebec Pay streams may be customized for each individual to enable automated crypto investment, DeFi yield farming, and more. The benefits of using Zebec Pay for streaming payment are as follows.
Zebec Protocol’s initial application is Zebec Payroll, a tax-compliant on-chain payroll processing solution that enables workers to be paid in USDC or other stablecoins by the second. Additionally, employees have access to high-end crypto-specific financial services such as:
With all of these user-friendly features, Zebec Pay is redefining the paradigm for both staff and their workers by enabling them to earn by the second and get payments promptly. Investments can also benefit from automated investments, transfers, and exchange systems.
Zebec Protocol is launching on Solana, the world’s fastest and most scalable blockchain, capable of processing up to 50,000 transactions per second at a fraction of the cost of Ethereum. A new income stream on Zebec Protocol can be set up in minutes using the company’s simple-to-use application for a fraction of a penny in Solana gas fees.
Updating
The ZBC token performs a variety of critical governance and utility functions for its holders and Zebec Protocol users.
Zebec is exploring further solutions for facilitating the real-time transmission of monetary value. Zebec Pay is now operational; the next step is Zebec Safe. Zebec Safe is a completely customizable multi-signature solution built on Solana that enables treasury management services. Additionally, the Automated Dollar Cost Averaging function is nearing completion. This enables yield farmers and other traders to profit from the platform’s new near-zero-fee format.
Find more information:
Website: https://zebec.io/
Twitter: https://twitter.com/Zebec_HQ
Telegram: https://t.me/zebececosystem
Discord: https://discord.com/invite/fJM9cHuvvB
Medium: https://medium.com/zebec-protocol
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com.
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Marshall
Coincu Ventures
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