What is Zap?
Zap was debuted with feature of connecting smart contract i.e., blockchain technology to the off-chain data aka external information or data. Zap published their whitepaper back in 2018 that explain vision of project and problem that going to be solved by Zap Blockchain. initially Zap was focusing on bringing change in different industries including finance, real estate, shipping, insurance and other. in short period of time Zap become mainstream service provider in term of data for smart contract and monetization for internet of Things (IoT) devices.
Since 2018, Zap core objectives are building secure oracle network that bringing global data with distributed application. Zap also launched incentivize program for creation and curation of oracle by launching their own tool that allows any user to monetized their data. Zap always known as pillar of building dApps as it fuels next generation daps by supplying tools to the Ethereum ecosystem.
In 2020, Zap transform and changed focus technology under slogan The Bonding Curve Revolution. However, Zap understand wave of DeFi, oravle and web3 product, as they wanted to continues development of cross-industry solution. Zap Protocol will be key component in this revolution, as bonding curve likely to introduced liquid decentralized exchange that execute algorithmic market making for interaction between service or data provider with consumer. The main purpose of launching bonding curve protocol is to offer wide range of decentralized services and product.
Zap Coin Price Prediction
|Month & Year||ZAP Price Prediction|
|Based on||Ethereum Blockchain|
|All-time high||$1.83 USD|
|Exchange Platform||Probit exchange, Bitrue, HitBTC, 0x Protocol, Poloniex.|
Zap ICO Overview
|Raised by||$2,830,000 USD|
|Date of ICO||20th November 2017|
|Partners||Visa, Uconn School of engineering,|
Zap Coin Price Analysis
Zap was indexed back in 2018 following ICO token sale in 2017, as that time dApps and oracle was not that popular comparing with today’s scenario. Zap Coin or token was very essential in order run or deploy oracle network on the blockchain. Zap Token will be based on Ethereum blockchain with ERC20 token standard. Zap price run on trading graph was not that impressive as comparing with trade opening price, as immediately after indexing on Coinmarket cap it dropped from $1 USD to below $0.1 USD in less than 5 months. now in 2020, Zap showing continue hike in market cap volume and breaks its long resistance level in July 2020. ZAP in august 2020 set new best by trading at $0.19 USD and after that it dropped to $0.047 USD. since November 2020, Zap consistent in market cap volume and with small price fluctuation it again cross $0.1 USD mark.
Will Zap hit $1?
Expected after 2023.
Is Zap Coin a Good Investment?
One of the key projects in revolution of dapps and its Visa partnership may help to gain market cap volume.
Zap project that almost falls to below 1000 top crypto project of all time now picking momentum in 2020. Zap recently upgrade their network by introducing new feature and tools for DeFi product and services. however, project initially involved in different key next generation decentralized application by providing them key fundamentals. Now Zap become partner with Visa and appointed new employee in their team for future development. Zap currently working on introducing newest version of Zap Protocol that currently in alpha phase and expected to launch very soon.