Since Coinbase are investors and would like to list Zebec, they had to do this first...
https://twitter.com/solana/status/1504507445267345409Solana
@solana
Today Coinbase Wallet added support for Solana project tokens, with dapp connections and NFTs coming soon 🏗️
Quote Tweet
CoinDesk
@CoinDesk
· 10h
NEW: @CoinbaseWallet added support for @solana-based tokens. It's the self-custody app's first expansion beyond EVM chains.
😎
https://www.coindesk.com/business/2022/03/15/payroll-protocol-zebec-raises-28m-in-token-sales/The $21 million private sale investors included Circle, Coinbase, Solana Ventures, Gemini, Lightspeed Venture Partners and Alameda Research.
The $7 million public sale in partnership with Republic was priced at the same $0.021 price per token as the public sale.
$28 million worth of Zebec spilt between all these big names and more isnt alot...im guessing around $2mill each.
Either they will be buying alot more while the prices are so low or they will pump what they have by at least 100x ($200 mill each)to make it worth their time.
Expect $4 to $10 a Zebec.
With USDC on Solana being an integral part of Circle....now Circle invests in Zebec...something big is happening for USDC.
https://www.businesswire.com/news/home/20211110005872/en/Zebec-Protocol-Launches-on-Solana-Mainnet-to-Redefine-FinanceThe automatic money streams made possible through the Zebec Protocol allow businesses, employees and consumers to completely reimagine how they are paid, how they invest and how they buy products or services. Unlike traditional financial settlement systems that move money on a one-time basis and require intermediaries who charge fees and take multiple days to process, Zebec’s unique protocol allows money to be sent up-to-the-second in a continuous and instantaneous stream.
Zebec provides people with the freedom to access and use their paycheck right away without having to rely on middlemen institutions who currently profit by delaying transactions and are expected to earn around $430 million in interest next year just on the money they hold on their balance sheets while settlements are being processed. Zebec moves money completely on-chain without intermediaries, delays or risks of non-payment.
https://www.businesswire.com/news/home/20220222006028/en/Zebec-Raises-15-Million-in-Funding-to-Scale-Programmable-Cash-Stream-ProtocolZebec, a continuous and programmable cash stream protocol on Solana, announces $15 million in new financing. The new funding, led by Solana Ventures and Distributed Global with investments from Lightspeed Venture Partners, Circle, Coinbase, Alameda Research, OKX Blockdream Ventures, DST Global Partners, Road Ventures, Global Founders Capital, BECO Capital, Greenoaks, GoldenTree Asset Management and 500 Startups will be used to continue scaling the Zebec DeFi payment solution.
Mod note: consecutive posts merged