Zper; Decentralized Ecosystem for P2P Finance

A conservative nature, combined with strict laws and regulations have held the finance industry back. But, all that is about to change, thanks to Zper. Here is all you need to know about Zper Ecosystem.

Zper; Decentralized Ecosystem for P2P Finance.

Centralized service platforms are currently being threatened by the emergence and development of the blockchain technology which is applied in many areas of an industry. Like other industries, the Financial sector is in need of innovation. It’s conservative nature, combined with the strict laws and regulations have held this industry back. But, all that is about to change, thanks to Zper.

WHAT IS ZPER?

This is a decentralized loan and investment platform that was developed based on blockchain technology which aims to create an innovative peer-2-peer finance ecosystem. It intends to achieve this aim through the combination of industrial valued of P2P and asset valued data from different parts of the world.

You are about to witness an innovation in the global flow of funds using a P2P finance ecosystem that is beyond country and currency. This is all thanks to Zper. Now borrowers get a lower interest for loans taken out and investors enjoy a higher rate of return.

ZPER ECOSYSTEM

You already know that Zper is a decentralized ecosystem that is based on blockchain technology. What you may not know is the wide range of individuals and companies that can engage in P2P finance around the world without worrying about distance.

Here is a breakdown of how the ecosystem works.

Investors

These are individuals (or institutions) that are interested in making profit. The thing is, they do this through investing in;

• Individual products of P2P finance companies

• Portfolios designed by RoboAdvisors

• Receivables for which other investors have requested resale

P2P Finance Companies

These companies are in complete control of everything related to investment. These include managing reimbursement, assessing borrowers, and generating loans. The management of loan agreement and loans differ with each country. This is because it is related to the geographical location and the cultural characteristics of a country.

As such, it should be conducted in accordance with the laws of each country. Hence, the need for P2P finance companies that are experts in loan business in their country.

Robo-Advisor Companies

These companies analyze investment products in Zper ecosystem with their algorithm based on some criteria. These include;

• Default rates

• Insolvency rates

• Investment period

• Rates of return etc.

They also serve the function of building portfolios that allows investors make more profit through effective diversification. A range of portfolios that were designed by multiple RoboAdvisor companies would be presented to investors to choose from. Some of them include;

• Safety-Oriented investment products

• Aggressive investment products

• Secondary products

NPL Buyer

These individuals (or institutions) are pledged to purchase non-performing loans. They serve as guarantors to investors.

How do they do this?

They check the blockchain for information of loans and apply based on suggested rates that’ll guarantee the purchase. The loan that offers the best conditions through a smart contract will be picked. Individuals or institutions that are pledged to buy NPLs are usually required to pay a specified amount as deposit. This is to prove the performance of their commitment.

Borrowers

As the name implies, they are individuals, companies or businesses that apply for loans. While individuals do it for varied reasons which include, educational or housing expense, companies do it to raise money for business management or start-up funds.

They can submit their applications directly to P2P finance companies. Another option is to use the web or application (Android and iOS) service that is available on the Zper platform.

The Zper ecosystem also include data providers, who provide alternative data that ae generated within and outside the ecosystem, Zper committee and Zper guardians. To have a better understanding of the Zper ecosystem, check out the whitepaper.

ZPER TOKENS (ZPR)

Zper tokens are necessary for the maintenance and activation of the Zper ecosystem. That means, as the ecosystem appreciates, so will the Zper tokens. Participants and token holders get to enjoy an appropriate compensation.

Depending on the type of participant (individual or business), users are required to possess a specified amount of ZPR to guarantee their commitment to the ecosystem. This is actually a requirement for registration. Details of this process can be found in the whitepaper.

Zper Token Sale and Distribution

The total issuance in the token sale is 3,500,000,000 ZPR. However, only 2,200,000,000 ZPR would be made available for the ICO, with the pre-sale and crowdsale claiming 1,100,000,000 ZPR. While 50 percent of the token was allocated for the token sale, the ecosystem is supposed to receive 22.3 percent of the token.

Seventeen percent of the token will be allocated to the team behind the project and advisors, while 10.7 percent goes into reserve.

The hardcap and softcap is 48,000 and 5,000 ETH respectively. And the accepted cryptocurrency for this token sale is Ethereum.

Fund Allocation

A larger percentage of the fund goes into research and development, 40 percent of the fund to be precise. The strategy partners are supposed to receive 20 percent and 16 percent for business development.

Finally, the remaining 24 percent goes to operation and marketing, with marketing receiving a larger percentage of the two (13.3 percent).

FUTURE OF ZPER

Based on the roadmap that was published in the whitepaper, the future of ZPR is obvious. The crowdsale is expected to kick off in the second quarter of 2018, followed by the launching of the basic Zper Wallet service.

The third quarter of 2018 is more eventful, with the first exchange listing occurring and partnership being expanded to three countries. Some partners also get the opportunity to test ZPEROBO service.

However, the full service does not launch until the fourth quarter of 2018. By this time, it is expected that the ZPR exchange listing would have expanded and the Open Market Service would be in the Beta testing stage. The full Zper Open Market service will launch in the first quarter of 2019.

If you are wondering if the ICO will be a successful one, that’s difficult to predict. All you need to know is that the project is supported by a great team. Every other information you may need to make an informed decision is provided above.

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Sources

Website: https://zper.io/
Whitepaper: https://zper.io/paper/Whitepaper_Eng.pdf
Twitter: https://twitter.com/zper_team
Facebook: https://www.facebook.com/ZPERplatform/
Medium: https://medium.com/@zper
Telegram: https://t.me/zper_kr_official
Youtube: https://www.youtube.com/channel/UCGhrxEcpchjMSg7EclXuGFw