Statistics have always shown that job satisfaction is dependent on many factors such as interesting work, a strong sense of achievement in work, as well as good payments and other benefits. These factors if given attention to properly can increase the success of the company and enhance their productivity. Although most Software Development companies recognize this fact but they are hesitant towards nailing it down.
ZAN COIN is intended to increase the engagement and motivation of employees, developers and investors in the software development cycle through the application of blockchain technology. Since organizational accomplishment is directly proportional to employee satisfaction, the objective of ZAN Coin is to introduce a cryptocurrency into an existing and successful business model, in order to improve its processes and products and truly embody core business values. Users will be compensated with ZAN Coin which can be cashed out or kept for further growth of the blockchain. The tokens disseminated will improve motivation through an increase in the level of responsibility of employees and other contributors for overall achievements of the software’s design and quality.
Incentivizing of employees through the cryptocurrency model implicates them directly in the success of an organization, in the development and dissemination of high quality products from which they benefit both intrinsically (successful development and implementation of a whole product) and concretely (remuneration in ZAN Coin and accrued benefits as the value increases). The platform serves as a tool for motivation as well as a means of maximizing quality and efficiency and minimizing cost. The figure below illustrates the software cycle;
The platform represents core business values for excellence in service standards and delivery of results which are being implemented in the software’s blockchain, and can be introduced into any established business. The core business values are identified in the figure below;
The building up and maintaining of employees and project managers is needed to ensure the success of an organizational, and this cannot be overemphasized. Developers using the blockchain will be more motivated since the overall improvement in processes and products will benefit them directly through financial gain. And this in turn will give rise to better goods and increased sales, which will lead to improved dividends for employees and investors, including a buy-back option for cash flow and price growth. Using the Bitcoin for payments is quite slow and it accrues enormous tax. However the ZAN Coin organization solves this problem without the need of a third party platform, by developing its own cryptocurrency that will help to keep tokens in the pocket of the developers, In order for them to feel safe in the knowledge that their efforts will be rewarded monthly, with each sale generating further profit for them. Investors will start receiving dividends as soon as a project payment comes through. Customers using the platform will pay in cash and will be converted into ZAN Coins and distributed to all investors according to their percentage of shares.
Furthermore, whenever sales have been completed, customers can be able to sell their coins back to the platform in an open market. This buy-back option is what helps in fueling the price of the coin. This strategy implemented by the platform is for payment of customers and developers. It is illustrated in the figure below;
Even if customers are willing to sell their coin or not, either way the price of the coin rises exponentially. It is even when they are unwilling to sell that the price of the coin will rise and stay high, which will fuel motivation to further increase value through even greater improvements in the quality and sales of products, which will strengthen the trust and bring benefits to investors and business partners.
Every sale carried out will be split into two segments, 50% will go to the company and 50% will be disseminated to each ZAN Coin holder relative to the proportion of coins. For instance, if an individual has 5% of all coins, assuming 1 ZAN = 1USD, and a sale of 20,000 USD was completed. The company receives 50% which is 10,000 USD, while the other 50% (10,000 USD) goes to shareholders. So an individual having 5% of all coins will receive a dividend of 500 USD. Part of the 50% received by the company will be used to improve the company’s infrastructure so as to increase productivity, efficiency and quick delivery. While another part of the dividends received by the company will be used to expand the portfolio of customers, through face-to-face meetings with the new ones. Others will be used to acquire additional certification for the company so as to increase sales and benefits. Tokens that will be distributed to founders will be locked for a year, in order to guarantee their motivation till the project’s completion. These founders include the;
· The project owners and those who contributed towards the crowd sale.
· The Whitelist members. Which are a group of users who provide the privilege to allocate ZAN tokens before the start of the first round of token sale.
· The Private contributors who support the future of ZAN, and want to get tokens sooner.
· The Referrals who share their link with others. They receive 5% of the total tokens of their downlines.
TOKEN ALLOCATION
Total number of Tokens = 17,148,385 tokens
Investors = 12,003,870 tokens (70%)
Affiliate and Bounty = 1,714,838 tokens (10%)
Founders = 2,572,257 tokens (15%)
Reserve = 857,419 tokens (5%)
All tokens that might be left after the Initial Coin Offering (ICO) will be burned.
Roadmap
February 2017: Started first project. We launched our initial project and our first product was created. We sold the rights entirely to a company that bought it with the intention to sell it.
August 2017: Initiation of Our Second Project. This time we started working on our own product which we considered selling ourselves. This is when we were faced with the issue of the freelancer payments.
November 2017: Registration of ZANFAU Ltd. We registered our new company with the idea of gathering a team and tackling problems. At this point in time, we also started completing our first sales.
January 2018: Token Design and ICO Plans. We designed the token and put forward the idea of a new payment system for our developers. In the process, the idea for dividends cropped up as well.
April 2018: Dear Community, We have received several reports that one of our admins raised red flag about our project. We do not want to be associated with any ponzi scheme or attempts at taking advantage of our investors. That being said we want you to know that we have removed this person from our admin list.
May 2018: First payments to DEVS. In early May, we are planning to make the first payments to our developers in ZAN Coins.
July 2018: Sales and Dividends. We have another product in the pipeline and it is scheduled for release in July. Our intention is to convert the sales into ZAN Coins and start distributing the profits accordingly.
December 2018: Buy-Back Initiation. By the end of the year, we will start buying back tokens in order to have sufficient to pay for upcoming projects. Buying back to pay to developers will close the circle and help improve the value of ZAN Coin.
The brilliant minds behind ZAN Coin:
Henrik Madsen
(CEO) 21 years of consulting experience originally from Denmark living in Sydney Australia.
Todor Boyadzhiev
(COO) Todor is with 13 years experience in IT as PM and QA. He is leading our operations.
Rali Ralev
(CTO) Developer and avid blockchain supporter, before founding ZAN Coin he worked for the corporate giant SAP as well as Funding Circle.
The Foundation of their success. The Advisory Board:
Kristiyan Marinov- Development Architect and Senior Developer.
Paco Saez- Marketing Professor in Universidad de Manizales. Paco has a vast experience in EU, US and Latin America….
Bjarne Kris Haug- Owner, Manager, Founder of Stilio and IMOTO +20 years of experience
Chris Harmour- (CIO) More than 12 years experience in IT, mostly in consulting services Chris is taking care of our…
Stefan Dimitrov- Freelance Developer, Online Marketing and SEO Specliast.
Dimitar Apostolov- Java Developer with JEE and Android development experience
George Pavlov- George is a developer with 17 years of experience. He has Delphi, C++ and Java knowledge.
Ina Andreeva- Ina is pure Java developer with 4 years of Java coding experience. She likes new trends and the new technologies….
Monica Brown- Monica has 12 years of experience as a senior policy analyst, providing communications, writing and research…
If you would like even more information on this unique Crypto business offer,
CONCLUSION
Employee satisfaction through remuneration, a strong sense of accomplishments/efforts, undertaking interesting/challenging work, responsibility for work and other benefits have always been neglected by software developers. ZAN Coin intends solving this problem by means of a cryptocurrency platform that motivates employees, developers and investors alike by giving them a sense of responsibility and achievement beyond merely the accomplishment of a single phase or task in the Software Development Life Cycle. The ZAN Coin dividends is the tool used to enhance this motivation and responsibility. The motivated developers will bring about improvement of products and sales which will lead to improved dividends for employees and investors, together with an overall growth in cash flow and price growth. Investors will start receiving dividends once a project payment comes through, and they receive payment according to the percentage of their shares. Moreover, dividends can be cashed out once received or can be kept for the development of the blockchain. The coins received can be sold back to the platform by means of the buy-back clause, which will be used for the payment of other entities. ZAN coin truly elongates the life-span of a Software.
For more information please visit:
webpage: https://zancoin.tech/
White Paper: https://zancoin.tech/uploads/ZAN_Whitepaper.pdf
Telegram Channels: https://t.me/zancoingroup
FaceBook page: https://www.facebook.com/zancoin/
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