Zebec Network
Crypto Overview
Overview
Zebec Protocol is a continuous payment settlement protocol built on the Solana blockchain. It enables real-time money streaming and programmable cash flows for payroll, investments, and treasury management.
Intended Utility
The ZBC token is designed to serve multiple purposes within the Zebec ecosystem: governance rights for protocol decisions, staking for protocol security, and fee discounts for using the protocol's services. The primary utility revolves around facilitating continuous, real-time payment streams.
Actual Utility and Adoption
The protocol has demonstrated actual implementation of its intended use cases, particularly in payroll and treasury management solutions. Zebec has established partnerships with several organizations and projects in the Solana ecosystem. The protocol processes real-time payment streams, showing alignment between intended and actual utility.
Token Distribution and Founder Alignment
Initial token distribution included allocations for team (15%), advisors (5%), and treasury/ecosystem (25%), with vesting schedules implemented. The team's tokens are subject to a 3-year vesting period with a 12-month cliff, indicating commitment to long-term development.
Development Activity
The project maintains active development on GitHub, with regular updates to the protocol and documentation. The team continues to expand the protocol's capabilities and integrate with various Solana ecosystem projects.
Revenue Model Analysis
The protocol generates revenue through transaction fees from payment streams, which are distributed to stakers and the treasury. This model does not involve interest-based mechanisms and aligns with Islamic financial principles.
Crypto Impact
To assign a comfort level investing in Zebec Network from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Zebec Network.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.