Topic: [ANN] ZITOKEN [ZIT] Crowdfunding for blockchain games | Utility Token (Read 894 times)

New update: Trade ZITOKEN (ZIT) on ForkDelta https://forkdelta.app/#!/trade/0x9c04f0dc68c61efd2fc289987393a78b4a2494ea-ETH

FORMAL ANNOUNCEMENT December 22th, 2019:

Zitoken Team is developing a new function for our partnership program with gaming industry and integrated on our crowdfunding platform, in which will allow game lovers to track coupons.

FORMAL ANNOUNCEMENT November 17th, 2019:

Our first version of Zitoken Platform is live! Beta test is running with high performace

Telegram/Twitter Airdrop FINISHED SUCCESSFULLY. Thank you everyone

FORMAL ANNOUNCEMENT July 04th, 2019:

AIRDROP FOR CONTENT CREATORS (Youtubers , Bloggers, Journalists)
Our Airdrop for content creators is live.
https://bitcointalksearch.org/topic/m.51701503

Indeed. Nowadays Blockchain Games are not popular, this is one of the reasons on which we decide to create Zitoken Project, we are committed to help blockchain games become popular

Our main mission is not only to support the development of blockchain games, but also their mass adoption, our Crowdfunding will be a great channel to bring this games (Dapps) to real world.

Thanks for your questions magisterr. Great points!

Soon our crowdfunding platform will be open for campaign creators/game developers and backers.

Any game developer will need to inform in advance, before we approve any campaign about Which rewards will be offered for contributors, How this rewards will be delivered and When will be delivered.

Zitoken Project will offer rewards in ZIT our utility token to support the development of the first games as well. 

And what benefits for investors here? I mean what will get investors who invest in such games? Will they get some % of  profit from this games? At last from what I noticed - games on blokchains not popular nowdays...

#Auth & Report Post

Bitcointalk Username : Gayong88
Twitter Profile Link     : https://twitter.com/RosellaGirl87
Telegram Username   : @RosellaGirl87
Link Profil Facebook   : https://web.facebook.com/profile.php?id=100004981051536
Wallet Erc20              : 0x1fbED16C868d8609F19557CDcF765dB1e791AF9A

Point 1 and 4, only the campaign creator need to perform our KYC process, but we investage all members and their roles behind the game.

Replying to your point 1 and 4 Combined, all of the people on the project will need to perform KYC? And I'm very unclear about point 2, ideas about game are not acceptable? So on what category should they build their project on?

We are sharing some criterias used by us before to approve any campaign and to release funds:  

1. Full details about team and company behind the game
2. Only ideias about games (games wth 0% of development will be rejected)
3. It's required to have developed at least 30% of the game or Beta Version
4. Campaign creator need to be approved on our KYC process
5. Until Q4 2019 we will be accepting only games developed on the following Blockchain Protocols: EOS, Ethereum, Tron

Ok, and what wil be the milestone or criteria for the escrow to release funds? In spite of having manually filtering game, there still rooms for unfortunate events like game failed to be developed or worse, fraud that's built on a really neat scheme

An additional information, all game campaigns approved are filtered manually to avoid frauds and suspect schemes...

Exactly. Each game campaign will have its own Escrow Account, the main advantage of Escrow Account in our case is transparency, because any backer can check the balance in public mode during all campaign, and of course security of the funds as well. 

Each developer/campaign creator will need to pass for the AML/KYC process as criteria before to receive any amount.

Beta will be launched later in June, but do not know what date it will launch,
if it is still a secret this will be a surprise to the token holders, already impatient how the beta will run later

Then I'll take this as a confirmation that you'll stick to this model disregarding any future demands from your "community" and proceed to discuss about this model.

First of all, this crowdfunding certainly will work like an escrow where the funds collected will only be released to developer if certain criteria are met?

I think we was much clear about "why" the change and to launch it in the market...The main vision of this model is to benefit not one or two games, the main vision of this model is to benefit all ecossystem of blockchain games 

Ookayyy, so basically you're saying that there's no way to prove that the sudden and drastic change was due to (as you claimed) community's demand? Convenient.

And you're sure you'll stick to this model despite the possibility that your said "community" demand another change?

Thanks for your support...

Be advised that the change happened in a mix of opinions, stratregies and pains of the market as we explained, events it was only one of our channels. We mentioned geek events, right? When we mention geek events we are refering to local communities, not big events such as GamesBeat Summit . Also be informed that we never participed as an Exhibitor or Sponsor, even because our focus it was research.

This is the final version to be launched in the market...

Well ok, which blockchain game event was this? I can't find your project being mentioned on any event, perhaps you can give an evidence in form of your team's nametag on said event(s)?

And I shall assume as the community had decided that this is the best suited model, this is the final and it will not be replaced with other projects anymore?

You are most welcome to give your feedback on our project. Regarding clear information about change, our team had been talking to a wide range of people and consumers  interested specially on blockchain games on geek events.

We realised that previous model it was not attending pains of the market based in this informations , the main difficult of game developers is to get support for their games and to be conneceted with games lovers.

So we decided to change it for an innovator and pioneer model, on which support this niche.

Initially you said that this project is based on community's feedback, which we can concur that the project's change is due to their request, but there were no evidence of such request, given your medias are all inactive for months before. You also said that the product is based on hard work of a lot of studies and research, which I'll be fair if we agree that the total "reconstruction" happen as a result of poor judgment on previous model (which should allow us to ask why such poor judgment happen in spite of the "hard work" of studies and research or question your competence) or that it happens because you didn't do your self acclaimed hard work of studies and research at all (which should entitle us to ask about team seriousness of the project, thus credibility).

It's also interesting to highlight how you state that experiments are just experiments, and not official product, (because) what you announce here is an official product. Now you became ambiguous. Previous model were explained here, as it used to be announced here, and because it is implied that experiments were not announced here, your statement should lead to a conclusion that the said model is an official product, yet it was totally deconstructed as if it was a failed experiment. There were not even a clear and official info about why the change. You don't even announce the change, you simply went under and resurface with whole different project, and pretend nothing happened previously.

Dear Miiike, Thanks for your feedback. Well, experiments are only experiments, not officials produtcs, and what we are announcing here is an official product indeed. 

Regarding the team, we'll be glad if you check it out our whitepaper or website and look for "Team" , all members mencioned makes part of our businness, we are still small, but we'll be hiring new members in other stages of our business.

Interesting, you imply that the change happen as a result of community's feedback, thus their request. Can you please tell us on what platform does this request and feedback occurred? Your bitcointalk thread were quiet for months prior to the change, your telegram is far even more concerning, created on January (and unless you deleted every chat prior) only active from the past few days, which is post-change, and topic is about airdrop.

Even more interesting, you mentioned that study and research also took a role on the change. While this is a positive thing for projects to grow, exception can always be made for project that took a whole different new course (and worse, happen before the previous idea even implemented), because we can infer that (because the concept is completely different from previous one) the previous one are not well thought, studied, or researched. Because, if you did your research and study, or even a simple thorough thought, then the change will be around tweaking the project instead of completely change them.

And about team, I'm glad you mentioned it, who are the team anyway? I don't see them anywhere.

Your points are valid, but remember this is a product based on feedback of our community and a hard work of a lot of study and research , and regarding the funding of Zitoken, team is investing their own capital to deliver the product.   

Well, now this is a worrying answer. What'll guarantee that you will not change your business activity once more? Deeming this "funding" as another failed test and move to other plan? it'll be troublesome for investors who studied your recent plan, think it is worth investing, buy some tokens, and then you once again go under for two months and resurface with "ok, the funding is not working, now we're proposing a paid online game reviewing".

exchanger is only in the forkdelta and tokendex and has not entered a major exchanger,
but this will be a bit difficult because the listing in the market requires a large fee

yes right, it's better that the team immediately release the Beta launch, because now we have passed the middle of Q2, besides this project has little information, even no partnership. and I suggest that if you want to gain investor trust, it is better to list your tokens in large exchanges, not FD

Our main focus always it was game industry since the beginning, this means that we keep our values. As you just comment, we only tested experiments in the past.

So the beta launch this quarter is not pushing thru? Based from your roadmap, you should be releasing your beta app by this time. I do agree that there are some bottlenecks along the way that will deviate you from your original plans.

Err... Yeah, business is everchanging, but I don't think a we-propose-an-in-game-token-that-will-also-get-dividend-from-our-untested-arbit-system to we-only-crowdfund-game-now can be considered as adapting market. It's more like developing a whole different project. The only thing that connect you with your "old project" was it's on the same sector (game) as what it become today. For all we know, the dev team (if there any team at all) might be completely different as well with the ones from beginning

Thanks for your comment. As you can see we adappated our business model for a solid product, changes are mandatory at any experiment or business on which plans are to deliver a real use case to support people and business, and this is our case.

Proof of authentication
Bitcointalk Username: shinehtet
Telegram Username: @Shinny145483
Twitter Username: @MinMin57126648

good hard work this project will be succes hopefully do that

I see that there were no mention about arbit anymore, the experiment failed? In fact, I felt like reading a whole different project, like you removed the entire old plan and propose something new. To be fair, I failed to recall correctly as your thread's last active discussion was around 4 months ago, but I don't think it was initially about game crowdfunding?

A very good project to begin with. Awesome!

FORMAL ANNOUNCEMENT May 21, 2019:

AIRDROP ZITOKEN (ZIT)
Our Telegram/ Twitter Airdrop is live.
https://bitcointalksearch.org/topic/airdrop-telegramtwitter-up-to-200000-reward-utility-token-5145463

Do you have any bounty for.this project?

since a large percentage of the projects nowadays are crap, better be careful with your investments. meticulously study each project that you wanted to invest. once you bought their coins, there's no turning back. make the most out of it.

Unfortunately crap tokens are now the majority. One can never be sure that everything will be transparent and clear. Many are now returning back to stock markets. That is why.

It's just another random shit token made tradable since day 1 lol, you don't know the total supply, the circulating supply, the team behind the project.
These kind of shit tokens are profitable during last year (December-January 2018) if you know how to deal with them, i mean get them FREE & dump them as fast as possible.

Crypto newbies you better stay away from any kind of project that has Ghost Team or not team at all.

Yes, I am aware of that utility. My curiosity is on whether the token will still have an interest feature for holding despite the (in case of) failed arbit experiment? Maybe from the earned profit?

Our token is required to get all services on our game platform, you can use ZITOKEN (ZIT) as credit to play all games and other services, for this reason is a utility token.

so in the case of a failed software (like the algorithm or the experiment failed to score profits) then your token will resort to a game-utility only where the HOLD feature is removed?

You wrote "In the last function mentioned, we use this BTC in two parts.". But, bitcoin is extremely volatile. Can he fly up to 50,000 dollars in the near future?

Transaction time is a point to consider indeed, but the true is this arbitrage opportunities in fact exist for seconds, so what we  are making is designing the software to implement this function and to start first tests in the next 1 or 2 days. After tests our team will decide to remove it or not, since what our main focus will be to develop games to Zitoken platform.

But arbitrary are completely dependant on miners confirmations, isn't it? So it's rather insignificant which exchanges you're from or to, and high liquidity or not will not affect transfer time too much. Or am I wrong?

When our token is listed on exchanges as you can see, team doesn't has control about price, market/token holders define it from now on.

About our function "HOLD", our arbitrage operations will be performed only on exchangers with high liquidity, this way you minimize the risk.

so currently the token that is sold in the exchange is from team to get the funding for future development?
How you will decide the price of the token that team sold currently?
since the order sell price was 0.00011 eth ++

The interests earned will be based on your arbitrage activities with the collected funds? Isn't it rather gambling and risky? Given the nature of arbit itself

You are correct, there is no ICO, team is funding the development with their own capital. Regarding how to get the token, you will be able to get of 2 ways, the first one is buying directly on exchanges and second way will be via reward programs after our Beta Launch.

For a better understanding, we suggest you check it out our Whitepaper and Roadmap

i am interested with the tokens because there is no ICO and we can get the tokens for free(?).
But can you explain how to get the tokens?
and why there is a sell order in the market while there is no info about how to get the tokens?

While this is utility token but there is no MVP to see how this will work and what the reason to buy this token from low volume exchange. It's hard to understand what kind of use case you will bring in future at the moment there is nothing clear.

So far, very little information to judge the project. But, I can say that the protocol should use a newer ERC 223 or ERC 721. There is no information about the team either.

Yes. Gradually we will add on top exchangers, as we are in the first stage of development, team is striving to list on more Exchangers.

it looks like the Zitoken project is quite interesting, but unfortunately the exchanger is only in the forkdelta and tokendex, seeing that the exchanger is vulnerable to hacking, does Zitoken have plans to enter the top exchanger?

  
 
Welcome to Zitoken Platform – Crowdfunding for blockchain games & traditional games
 
Official links:
 
WEBSITE  WHITEPAPER  GITHUB  TWITTER  TELEGRAM  BITCOINTALK THREAD

 
About Zitoken Platform:
 
Zitoken platform is a crowdfunding for blockchain games & traditional games, on which is possible to fund the development of different games such as strategy games with (characters and gods) using ZITOKEN ZIT and BTC as credit. Platform is been designed to host a wide range of game campaigns based on Blockchain Technology .

Initially the platform will accept only ZIT and BTC as payment method and soon we will be
considering new payment methods to contribute.  
 
Community/users can fund the development of games using ZITOKEN (ZIT) and BTC, ZIT and BTC is required as credit to get all services on our crowdfunding platform.

Zitoken platform has an addtional function that allow game lovers to track coupons from gaming industry.

 
ZITOKEN (ZIT)

ZITOKEN (ZIT) is our utility token and fuel on our platform, community/users can use it to fund the development of games, ZIT is used as payment method to advertise on our platform as well.  
 
ZITOKEN (ZIT) is already available to buy on couple of exchanges and soon we plan to add
our utility token on more exchanges.

 
Token Specifications  
 
Protocol: ERC20  
 
Explorer/Contract Address:
https://etherscan.io/token/0x9c04f0dc68c61efd2fc289987393a78b4a2494ea  
 
Name: ZITOKEN  
Symbol: ZIT
Decimals: 18
Total Supply: 988 Million
 
ICO: No
Rewards: Yes
 
 
 
Roadmap
 
Q4 2018                           Q4 2019                      Q1 2020                                          Q1 2020              
Core development           Beta test phase         Win-win partnerships               Official launch of Zitoken Platform
 
  
Q2 2020                                                    2021                                                     2022 - 2030
Platform update (new functions)       New partnerships to be announced           New products & Causes to be explored

 
Token Distribution
 
Community (public distribution): 53%

Development Reservation: 17%

Marketing: 15%

Founders: 10%

Private Investors: 5%
 
  
Exchanges:
 


+To be announced (coming soon)

 
Team:
        
MANAGEMENT  
 
Leandro Alves, Founder & General Manager  
 
Leandro is founder of PW7 , a blockchain agency that started on Q1 2018 providing Marketing Strategies for small blockchain projects, and on Q4 2019 decided to work only holding valuable coins and tokens from blockchain space . He also contributed on different other blockchain projects as consultant/growth hacker..
https://www.linkedin.com/in/leandro-alves-122665137/    
 
PARTNER DEVELOPER
Djalma Bina, Developer to test Zitoken tools

Djalma is an experienced full stack developer over 25 years working with software development and systems, has strong knowledge about C++ , Python and Lisp, started his career from 90's years working with C++ ANSI Standard .
https://www.linkedin.com/in/djalmabina/