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About Zamzam Token
- Zamzam is a peer-to-peer blockchain crowd fundraising application that empowers individuals and socially responsible corporations to fund socially sustainable initiatives.
- It’s a WEB3 Binance-based blockchain application designed to support humanitarian and socially sustainable initiatives.
- Zamzam is a Sharia Compliant project with an experienced Sharia board involved in its development.
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Goals:
- Zero fees: eliminating costs and empowering donors to support projects without needing a middleman.
- Transparency: allowing donors to target specific projects and track their funds on the blockchain.
- DAO, Democracy, and refunds: users control the project through voting,
Introducing Zamzam Token: A Beacon of Innovation
A pioneering peer-to-peer blockchain crowd fundraising application, empowering individuals and socially responsible corporations to fully fund transparent, socially sustainable initiatives, thereby disrupting traditional charity structures.
https://app.zamzam.pro
A pioneering WEB3 application built on the Binance blockchain, dedicated to empowering humanitarian and socially responsible initiatives.
A pioneering Sharia-compliant endeavour, guided by an esteemed Sharia board with a rich legacy in the inception and evolution of Islamic Banking. Our vision is to emerge as the premier cryptocurrency payment solution for the Arabian and Islamic World.
Zamzam is not a charity, but a cutting-edge tech platform: a Binance-based blockchain application specifically designed to support humanitarian and socially sustainable initiatives. This innovative platform connects donors and socially responsible organizations, enabling them to identify and fund pioneering individuals and projects that prioritize long-term sustainability goals or require immediate relief. Zamzam is particularly interested in showcasing projects that promote sustainability through innovative ideas, such as alternative energy, biogas, vertical agriculture, and educational empowerment.
Objectives:
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The inaugural goal of the Zamzam project is to revolutionize the charity landscape by eliminating intermediaries, thereby empowering donors to support projects directly. By doing so, Zamzam eradicates costs associated with traditional charity models, such as rent and salaries, and takes zero commission.
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The second goal is to ensure transparency, providing donors with a clear understanding of their funds’ allocation. Zamzam’s blockchain-based platform enables donors to target specific projects and track their funds in real-time. Furthermore, by onboarding suppliers, Zamzam reduces project costs by 10%. This is achieved by offering suppliers four payment options: fiat (USD), stablecoin (USDT), no payment (free), or Zamzam tokens. When suppliers opt for Zamzam tokens, they accept the potential risks of fluctuation and depreciation. In return, they provide a 10% discount, which is then utilized to further support the project.
Goal one: Zero fees. The Zamzam project’s pioneering mission is to revolutionize the charity landscape. By empowering donors to directly support projects, it eliminates the need for intermediaries, thereby abolishing associated costs such as rent and salaries. Notably, Zamzam operates on a zero-commission model.
Goal two: Transparency. (Where does my money go exactly?) (What does my humanitarian project cost exactly?) By utilizing Zamzam tokens, donors can pinpoint the exact project they wish to support and seamlessly track their funds on the blockchain. Moreover, when leveraging Zamzam, the project’s cost is reduced by 10%. This is achieved through the onboarding of suppliers, who are offered four payment options: Fiat (USD), Stablecoin (USDT), no payment (Free), or Zamzam tokens. Should suppliers opt for Zamzam tokens, they acknowledge the potential risks of price fluctuations and depreciation. In a gesture of support, they provide a 10% discount, which is then allocated towards:
• Token burns (4%) • Provision of liquidity in the form of USDT (4%) • Allocation to project Zamzam at its discretion (1%) • Distribution to all users at their discretion (1%) through crowd voting.
The project sustains itself through the sale of Zamzam tokens on exchanges, thereby maintaining a 0% commission model. As the number of concurrent projects increases, the value and liquidity of Zamzam Tokens correspondingly appreciate. This self-sustaining mechanism enables Project Zamzam to maintain its financial independence for generations to come.
Objective 3: Empowering Decentralized Governance and Refund Mechanisms
Here is the polished version:
- Through a democratic voting process, users wield control over the project at every stage, with the authority to release payments.
- In the event of dissatisfaction, donors are entitled to refunds, ensuring a secure refund payment process.
- A rating and ranking system allows donors to evaluate project angels, with poorly performing individuals facing removal.
- At critical project junctures, donors assume a decisive role in shaping the project’s future, including the appointment and dismissal of CEOs, token burns, minting, geographic expansions, and community engagements, once the current founder and CEO relinquishes their position.
How does Zamzam revolutionize philanthropy by empowering corporations and transforming the charitable landscape?
The application boasts a multitude of features, distilled into a seamless solution. It serves as a comprehensive CSR department in one convenient platform. The backend seamlessly integrates KYC and AML protocols, courtesy of Jumio integration and an AI-powered red flag warning system. By simply adding a logo and description, the CSR section on the Zamzam Application is ready for launch. The application accommodates a wide range of payment methods, including credit cards, debit cards, Apple Pay, and cryptocurrencies. Moreover, it assumes the responsibilities of three employees, handling tasks such as sorting, marketing, KYC, background checks, and correspondence. This enables small and medium-sized companies to establish a CSR department without the need for additional hires. The platform provides access to a vast array of projects, neatly organized for easy navigation. Users can log in, select a project of their choice, and contribute to a worthy cause. Large organizations can also promote their bespoke CSR initiatives. For instance, Energy Bank can announce its support for initiatives promoting alternative energy in the community. Project leaders and community champions can upload their projects directly to the platform, specifying the bank’s section. Upon approval, the project is funded and showcased as an Energy Bank CSR project. As always, all costs, phases, and updates are transparently displayed for everyone to access.
Project Zamzam does not coerce individuals into utilizing its tokens for donations. Instead, we offer a diverse range of payment options for two primary reasons. Firstly, the general populace may not possess the necessary expertise to create a wallet and facilitate cryptocurrency transactions. Secondly, we encourage donors and suppliers to opt for Zamzam Token as a testament to their faith and support for the project. The token’s fate, in terms of volume and price, is inextricably linked to the number of humanitarian projects that adopt Zamzam as a form of payment. By holding Zamzam Tokens, individuals are, in effect, supporting the project. Similarly, suppliers who accept Zamzam tokens, despite their volatility, are also demonstrating their support. As more tokens are removed from circulation on exchanges, the price tends to increase, driven by the decrease in supply. By intertwining “good deeds” with “financial gain,” we aim to motivate investors, speculators, and traders to develop projects and enhance the value of their holdings.
Our Mission Statement:
To revolutionize the charity landscape by empowering individuals and organizations to make a positive impact, we are creating a self-sustaining platform that bridges the gap between donors and recipients. Our mission is to enable seamless, transparent, and direct funding of humanitarian projects, eliminating intermediaries and ensuring 100% of funds reach their intended destinations. We are committed to upholding the highest Environmental, Social, and Governance (ESG) standards, prioritizing social and environmental sustainability in all aspects of our operations. Through our open-source blockchain network, we will facilitate direct support to individuals and projects worldwide, allowing donors to send ZAMZAM tokens to recipients, bypassing traditional charity models. We will collaborate with innovative partners globally to expand our reach, increase our project portfolio, and promote the adoption of our technology. To facilitate a seamless transition, we will assist users in migrating to the Binance blockchain and provide a Crypto Concierge service, converting ZAMZAM tokens to more accessible digital or fiat currencies when necessary. Ultimately, our vision is to become the premier aggregator of groundbreaking humanitarian projects worldwide.
Zamzam has diversified into two distinct domains through its two subprojects: Zamzam Times and Zamzam NFT. As the region experiences growth and new opportunities emerge, project Zamzam adapts and expands into these areas. As a humanitarian endeavour, its primary objective is to provide a humanitarian application with zero fees. These projects constitute one aspect of its self-sustaining model.
https://zamzamtimes.com
https://zamzamnft.com