Hi Everyone,
here's an update letter we've sent to the community; if you want to receive more of them in the future please register at our website
and we'll keep you update. We want to make this a community project, so all of you are welcome to actively participate in this revolution,
and of course get your Zooz reward entitled by the community itself.
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Thank you for expressing your interest in La'Zooz Introduction. The La'Zooz project has been evolving for exactly 1 year now, throughout which its community has been constantly growing, including dozens of participants. Today, we are 4 full-time core-team members and a larger circle of part-time contributors, dedicated to grow further and decentralize this joint collaboration.
Zooz-Mining App Release. Three weeks ago we have made an official announcement and launched the Android beta version of our Zooz-mining app at the “Inside Bitcoins TLV” event. People have started downloading the app and mine Potential Zooz tokens. We are now working on improving the app and fixing issues raised by our beta testers.
Crowd Sale. The main stumbling block in opening the Crowd Sale of Zooz tokens is the establishment of our legal structure. We wish to operate La’Zooz as a joint collaboration, completely decentralized, in line with our decision-making mechanism and Zooz-mining protocol. This leaves us with some legal constraints to be resolved, and we expect to finalize the process and open the sale at the beginning of 2015.
Pre Sale. Finalizing the establishment of the La'Zooz foundation while maintaining development in the meanwhile is an expensive endeavor, and to this end we hold a second Pre-Sale round of future Zooz tokens at a discounted rate -- in comparison with the Crowd-Sale opening rate. (The first Pre-Sale round of approximately $100,000 has been carried out in order to support recent development).
Due Pre-Sale Conditions. Due to the fact that not all technical details have been finalized yet (as they will be before the Crowd Sale), the Pre-Sale process requires more personal contact, and we will only be able to process large purchases at this point. Please contact us if you wish to purchase a minimum of 2500$ worth of Zooz tokens.
Decentralized Collaboration. We aim at making this a community-based project. Indeed, people around the world are constantly contacting us with an interest to join in promoting this revolution. We work on establishing a collaborative platform to sync the various efforts in the community, hopefully to be live within a couple of weeks. Until then, please contact us personally at
[email protected] to participate in the development, promotion and establishment of the Decentralized Collaborative Transportation Network.
Community. We would like to keep in close touch with the community and update you on our progress. Therefore we will start sending newsletters soon. For more information, you are also welcome to look at our Intro Kit, which is constantly being updated.
Vision. La'Zooz is a community project that stands to change transportation as we know it. We aim at utilizing the power of people, and distribute the wealth of such cooperation back to the people; bring cryptocurrency and blockchain technologies to the masses; and in doing so, help to promote a sustainable economy and society.
Near Future. We are currently pushing ahead with many directions of development, including: improving the Zooz-Mining app;Creating an IOS version of the mining app; finalizing our Zooz-mining algorithms and decentralized decision-making mechanism; starting developing the real-time ride-sharing app; working out a Collaborative Platform; promoting adoption in the community; building the collaborative transportation network; and more. Of course much of our efforts are also directed into legal questions, fund raising, public relations and social-media presence. We invite you to actively join this creation as it unfolds.
Let's make it happen together. With passion and love,
La'Zooz Core Team
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1.Road mining entitles the user with Potential Zooz (PZ) tokens. At this stage PZ are being registered on our secured servers, and soon they will be registered on a blockchain, just like real Zooz tokens. PZ tokens will be transformed into real Zooz tokens upon the use of the Collaborative Transportation Platform in acquiring or offering rides and services, and until then will not be tradable as real Zooz tokens are (that you obtain, for example, by participating in development or by purchasing). The main reason for that is to make sure Road Miners indeed participate in the collaborative transportation network they help to establish. Another advantage of this “vesting mechanism” is its extra security against fraudulent activity.
2.The rate is stated with respect to the Crowd-Sale rate (we still refine the Zooz token’s absolute value). In line with our genuine Zooz-mining protocol, we would like to promote a stable and healthy economy and thus encourage purchases of Zooz tokens not as a short-term investment. Accordingly, we offer a better Pre-Sale rate for those who are willing to purchase un-tradable Vested Zooz tokens, to become tradable Zooz tokens after a “vesting period of time”, of up to three months from the crowd sale opening date.