ZeroBank utilizes the power of blockchain to create ZeroBank tokens acting as the collateral instruments of money transfers and conversions. Blockchain technology allows these tokens to transfer securely in a verifiable and permanent way along an open, distributed global ledger, bypassing all banking systems or centralized organizations. Thus, rather than moving cash through any banks or MTOs, ZeroBank uses these “money barter” tokens as a means of moving value from one place/one currency to another, while achieving the lowest negotiable costs for users (apparently no foreign exchange spreads, only service fees).

Team:

• Kai Yee Goh: Co-founder & CEO.
• Bao Ly: Co-founder & CTO.
• Ben Nguyen: Co-founder & CFO.
• Nam Cao: Communication Coordinator.

ZeroBank ICO began on March 26, 2019. The ICO token supply represents 4% of the total token supply, so there is a total of 64,000,000 ZB tokens available, for 0.075 USD each. The ICO funding cap is 5,000,000 USD and is expected to end on March 31, 2019, or when the funding cap is reached.

Token Reserve Split (96%):

• 23% Burned Tokens;
• 20% Community Reserve;
• 15% Company Reserve; 
• 15% Team;
• 10% Sales and Marketing;
• 8% Private Sales;
• 5% Ambassador.

ZeroBank ICO features a bounty campaign.