Zebec / US Dollar (ZBCUSDT) Token Analysis 11/09/2023Fundamental Analysis:
Zebec, a pioneer in the realm of streaming finance, enables the seamless and real-time flow of payments and financial transactions for various purposes, including payroll and investments. Founded in 2021, Zebec has attracted significant investments totaling $35 million from prominent companies like Circle, Coinbase, Solana Ventures, Breyer Capital, Republic, and Lightspeed Venture Partners, among others. Presently, Zebec serves a multitude of companies, orchestrates thousands of continuous payment streams, and has successfully integrated blockchain technology into everyday financial operations.
Zebec's vision extends far beyond web3 applications. The company aspires to create a future where the movement of money is unhindered, granting individuals, businesses, investors, and teams swift and convenient access to funds and tokens. In pursuit of this vision, Zebec leverages its cutting-edge technology to bridge traditional payroll providers with the world of real-time payroll.
Initially established as a decentralized streaming protocol on the Solana blockchain, Zebec has since expanded its presence to other blockchains, including BNB Chain and NEAR. It is actively developing a multi-chain ecosystem to support both traditional and web3 payroll applications. Zebec's current lineup of fintech products and services encompasses real-time payroll, payment cards, and treasury management.
The Zebec Card, the first Solana-based payment card, is currently accessible in the UK and 26 European countries, with plans for release in the US, LatAm, and Asia in the near future. Powered by the Mastercard network and accepted by merchants worldwide, the Zebec Card empowers users to effortlessly convert cryptocurrency payments and savings into fiat currency for everyday expenditures.
Through its technology partnership with Payroll Growth Partners, an investor in US-based payroll companies, Zebec has introduced its real-time payroll technology to a diverse range of real-world businesses. Zebec's paycard technology and real-time payments bridge the gap between cryptocurrency and fiat payments, affording employees flexibility in how they receive their salaries.
Zebec Labs serves as the company's innovation hub and incubator ecosystem, fostering partner projects, protocols, and ventures. A prominent initiative within Zebec Labs is Nautilus.
Nautilus Chain, a high-performance and versatile blockchain, is paving the way for the next generation of DeFi and consumer applications, facilitating a continuous stream of transactions and payments. Nautilus, as the precursor to the forthcoming Zebec Chain, is purpose-built to support and enhance Zebec's global payment flows seamlessly.
The $ZBC token stands as Zebec's utility and governance token. Holders of $ZBC, who are members of the Zebec DAO, play an active role in shaping the protocol's future. They participate in governance decisions, administration matters, and priority-setting, all while earning rewards and enjoying discounted streaming services on Zebec.
The $ZBC token follows a deflationary model, with its total supply decreasing over time. Each month, 50% of protocol profits are allocated to buy back and burn $ZBC tokens, effectively managing its price. For details on DAO Treasury status, refer to this link.
The $ZBC token is actively traded on numerous global exchanges, including Kucoin, Bybit, OKX, Crypto.com, Huobi, Gate, BitMart, Bitget, Gemini, Raydium, Orca, Pancake Swap, OpenOcean, Solstarter, Cropper, Solster, among others, and has a history of being among the top-performing tokens in the market.
Technical Analysis:
We have applied Fibonacci retracement tools, extending from $0 to its all-time high (ATH) of $0.05399. Within this analysis, we have identified potential support and resistance areas on the chart based on the retracement levels.
In addition to the retracement levels, we have utilized Fibonacci projection tools to delineate additional potential support areas below the previous all-time low price. This projection is based on the most recent market cycle. Consequently, we have established three potential support levels at $0.0081 at 85% and $0.00619 which is 88.6% Fibonacci retracement level and ultimately at $0.00265 at 95% .
Furthermore, we have outlined three potential price targets using the Fibonacci retracement levels from the ATH cycle. These targets are anticipated within the next few weeks to months and are as follows:
First Target Price (1 TP): $0.02063
Second Target Price (2 TP): $0.02778
Third Target Price (3 TP): $0.0333
These levels serve as key reference points for our analysis, guiding our expectations for future price movements.
Sentiment Analysis:
Considering the possibility of depreciation in the total market capitalization of cryptocurrencies and the price of Bitcoin (BTC) in the upcoming months, it is reasonable to consider employing a Dollar Cost Averaging (DCA) strategy for long positions at the specified support levels.
Zebecprotocol
ZBC-USD:📉 to retest 0.00804 & 0.00677As circled, Nov. 10th to the 13th we saw our first warning sign of a harsh drop. And for the most part we got a lucky bounce we really didn't deserve. Notably rising from 0.01066 to 0.01971 (Nov.14th to Dec. 11th), nearly a 30 day build up that demand just couldn't sustain. Realistically you can't sustain price action when active marketing campaigns are for 300% APY or 7 day 50% APY's..... look at everyone who offered even 20%.... where are the;
Voyage = bankrupt
Celsius = bankrupt
FTX = bankrupt
3 Arrows Capital = bankrupt
**** I am not intimating that ZEBEC will endure the same fate, I am just pointing to an obvious warning sign. A high APY is a massive red flag.
That kind of APY leads to intense sell-offs, people will either keep their original bag, and sell the excess.... or there forced to sell b/c of the rapid depreciation. Sometimes the safest way to protect capital is to cut losses where possible.
Dec. 13th to Dec.22nd as highlighted was a great scalping zone if you got out alive. We see retracement from the top to 0.01616 & 0.01689 during that threshold. It was simply a series of lower highs, nothing broke head over shoulders. Thus turning a support region that mirrored a falling knife into a long drawn out katana.
So like me, your wondering where do we go from here.... We are likely to retest 0.00804 and after that we are also likely to retest 0.00677 after the support region fails to hold. At present serious investors who would yeet a lump sum of capital into ZBC just wont. When you see them put an end too these high APY's and staking programs, that's when you'll see a much better return. Also, they stalled on the release of the visa card...... so i wont call that flag, but i'm monitoring this development. They're in the visa fast track program so it remains to be seen what happens next.
The ZEBEC army thing is still not something i'd consider marketable, a myriad of loosely assembled individuals is not an army. LOL real soldiers don't have "engagement quota's. Rebrand the ensemble as a "Day1 Team", have 7 teams & assign them a day of the week... gate your community to bonafide holders... there's ways to channel the crowd, and drive engagement... I think the project is very ambitious in solving "worldly issues", but the focus should be serving the American market. They have regulatory clearance in 43 states.... they could benefit a great deal from only issuing rewards in ZBC instead of USDT.... this way they avoid pissing off regulators. I would encourage them to be pro-active in there compliance. No more issuing USDT as a reward.
# of nodes sold thus far is 1/30th of supply, and the ZEPOCH NFT's aren't tradeable/re-saleable until all 30,000 are sold.
Anytime you see high APY's gtfo and protect your bags... b/c the sell pressure post lock-up is usually twice as bad.
Update: they are taking the necessary steps to rehabilitate the brands image. They have started paying out rewards, & because of this i will introduce them to an integration opportunity w/ another project. I do adore the project, and if ever i seem critical, understand that it comes from a place of good intention. I hope to see "payment streaming" thrive globally as i very much so believe in the concept and the founder.
Disclaimer: I do own me a bag, and am soul bound to the project w/ a 1yr vestment lockup.... as a zepoch node operator i will valdate the network.
📉ZBC to test:↓0.008068 or ↓0.005084I have circled January 23rd on my calendar as a date to observe how ZEBEC's price behaves at a certain intersection. As a high frequency trader who is accustomed to volatility and high risk, I am concerned about the lack of price stability. It is essential for the management to clarify their direction. I am puzzled by the unsustainable 300% APY on a 5-day lock-up and 50% on a 30-day lock-up offered. You know who else did that, companies like CELSIUS, VOYAGER, 3AC, and FTX. These token offerings seem more like a liquidity dump to me.
Communication needs to be improved as well. Currently, there are two Twitter accounts, one Discord, and six or seven Telegram channels, which makes it difficult to keep track of updates. There isn't enough video content. A more centralized and organized approach to communication would improve social cohesion. I am also not a fan of the "zebec army" mentality. If we are not at war or planning to go to war, why act like an army? The constant farming for engagement and regurgitation of facts has taken away from my enjoyment of the project. Trying to cut through the noise is a minor annoyance, as i am empathetic.... but now we have an "army of ambassadors". To some its semantics, but to me i take it seriously. I like mass adoption w/out self-obstructing hurdles.
I applied for the ambassador program, but have not heard back about when it will be implemented or who will be selected. Additionally, I have not received my USDT prize after participating in a giveaway two weeks ago. This has made me hesitant to participate in small giveaways. I only ever do so as a way to test a project's reliability. It seems that I am not the only one who has not been paid out...
ZEBEC is currently running on Solana and BSC, but it is not as popular as the recently released memecoin called #BONK. Furthermore, the project has caused issues with GALXE and Cyberconnect, two major web3 schedulers on BSC. Now, the team is working with crew xyz, and after that, Quest or until we build our own... its going to get increasingly difficult to get the message out.
I am located in a North America, and am focused on business and growth. However, I have become disenchanted with the way the project is being run. The farmed engagement is bot-like, which has taken away from my enjoyment of the project. I am rather patient, so don't take any of this as being harsh. The parroting is just noise, but its annoying. Perceived criticisms are intended to be guiding directions.
As a ZEPOCH Node operator who is committed to the project, last i checked an insignificant number of nodes had been sold. However, I am not able to trade or sell my node until the 30,000th node is sold. While I am not interested in selling nor trading my node, I do have a vested interest in the project and believe that improvements need to be made...
I'm hopeful things will turn around, but I'm not expecting an overnight makeover. Of course a bull run could change everything and anything.
ZEBEC - 2022 Q4 EoY Discussion
Happy New Year!!!
ZEBEC continues to trade sideways, and this riptide has not been the under current we thought it to be. I think the serious traders have come to similar conclusions and the past 24hrs have been favoured the possibility of a big move to the upside despite current sell signals... and you know the saying the "longer the base, the higher in space". In the past we've seen short lived buying opportunities at the dip. Ranging between 6 hrs, than 4 hrs, and 2 hrs respectively, before seeing considerable upside. The volatility of a small cap start up doesn't scare me, the dynamicism's we fear are part of any small cap start ups sexy allure. When your a high frequency trader risk doesn't elevate the heart rate... but now that we've seen a floor stretch horizontally for well over a day. I'm reminded that this is also the end of the US tax season. Profits taken, were took, and sideline money hasn't taken its eye off of Zebec... its the same sub 10,000 people trading against each other. So again, here' we are, presented with a favourable re-entry point. I think it to be normal for an individual to have "multiple" zones of re-entry whilest in the accumulation zones. I'm speaking from a macro perspective on a 4 year framed perspective.
Visa Fast Track Update -
$ZBC inches toward being spent at 60 million retailers, as ZEBEC's infrastructure now has the "debit-credit" card nearing MP (mass production) rollout to the US, UK & EU (& I'm unsure of which Asian-Pacific nations😉). The recent website redesign has left a positive impression amongst investors... its aesthetically appeasing to me. The V2 multisig treasury is also looking snazzy. A few minor tweaks and that pony will be a clysdale. Past positive price action was right after conferences in APAC nations.
A notable edit to the site reveals that debit card sign up has been closed. Hence why I can justifiably able say mass adoption is just around the corner. I imagine in the New Year the project will make announcements regarding its use of ZK rollups as a privacy layer to transactions. If Canada had a stable coin we would benefit from the application. I genuinely wonder if they'll make a wallet in the future, because in the past the Founder has discussed about real-yield in wallet as being a possibility. At this point i don't care what kind of yield an exchange can offer me. Self-custody is self respect at this point. All I do is follow developers, and ZEBEC has access to an army of developers... 13,000 thus far to be exact.
zApp Store Integration:
Other notable info, is that ZEBEC will be in the zApp store when the Solana Mobile phone rolls out. I don't have much info on the Zebec zApp store integration...I'm not sure if Zebec will be just its own zApp, a wallet, or how deeply involved in Zebec.
Moving on:
I view the first four years as accumulation territory. The first two years I'll be hawkish, its usually by 2nd year you can tell whether a CEO is staying...I like the founders. The vibe I get from the CEO is that this is his life's work project because of how the USP resolves many issues in the founder's homeland. The innovation of remitting wages by the second to workers, for work done is revolutionary. 1/30th of available "node validation" slots have been reserved. Meaning the network could begin beta testing on a whim to show growth and scalability. Network will have a maximum of 30,000 node operators. So its not just a payroll product, its also a sub economy within its own ecosystem. We're just that early. It seems like its far away, but 30,000 nodes can sell out in a week, or over months. Note that the network has yet too be launched, and users await specification of jhardware for their builds.
I like that as an enterprise application, its also simple enough for any user to apply and utilize.
I do have another $1 trillion dollar play for ZEBEC that i would say only ZEBEC is uniquely positioned to execute on
Its 100% actionable if their game, because I really would like to see the CEO get far enough down the roadmap too begin the work necessary to make the stable coin. Thats the long term potentiality.
I'm not sure what price targets you envision ZBC rallying too... i'd rather revisit 0.014 before i start staring at 0.04 and beyond. This analysis is meant to be a neutral check-in.
I hope everyone has a prosperous 2023. Happy New Year's from Toronto to all y'all!
2023 looks promising if this is how we're rolling into things.
DFA & DYOR - this does not constitute financial advice
ZBC-USD Could retest to 0.008 Remember those Christmas credit card bills settle in January... we are not out of the woods yet....
Zebec appears to be a falling knife... although a very nice buying zone... in like 2 days the New Year is going to roll over, and we'll see a remainder of "profits" taken off the board. Like it or not its just part of the business cycle for traders to do so. I think the buying zone is ideal at 0.008 I will wait until the New Year before taking the chance. The sharp decrease in price was literally half the price.... so that's not a dip I'd touch. Come Monday you could be buying 2/3rds more at 0.008 than when you got rinsed at 0.024....
Those credit card bills are real debt monsters and those get settled in January.... so we saw "Christmas" cull price. New Years celebrations are going to shave more price. Amidst an economic downturn we could hover between 0.008 & 2 cents US for the next 6 months. Investor appetite hasn't warmed to payment streaming as of yet...
Its going to be challenging to expand the network, hodlrs may want to expand their horizon and taper expectations
i love the project, but I am not blinded by the brevity of reality. People getting paid by the second is a foreign concept, crypto has a bad connotation to it, & right now the cost of food/diesel/ect is steering a great sum of wealth clear of crypto.
The community has to figure out a way around twitter's deboosting... after ELON deboosted all of twitter a lot of projects have had challenges in just getting their message out and heard. They may want to grow "regional" leaders in their discord. There exists a number of ways to grow the network, so its just persistence at this point. Like many other communities, ZEBEC will have their hands full in improving sentiments across users.
