What is Zipmex

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About Zipmex


  • ZMT Token:

    • ERC-20 token custodised on BitGo
    • Designed for use within the Zipmex ecosystem
    • Holders receive boosts on earnings from digital assets stored in Zipmex
    • Reduced transaction fees when trading on the Zipmex platform
    • Facilitates payments within Thailand with ZipPay

  • Zipmex:

    • Fully regulated cross-jurisdictional digital assets exchange in Asia Pacific
    • Offers interest-bearing accounts (ZipUp), lending (ZipLend), and payments (

About Zipmex: Empowering a New Era of Digital Asset Management

ZMT, or Zenith Chain Token, is a decentralized cryptocurrency designed to facilitate seamless interactions within the Zenith Chain ecosystem.

ZMT is an ERC-20 token, securely custodied on BitGo, created and governed by Zipmex, a pioneering digital assets exchange and investment platform. Primarily designed for utilization within the Zipmex ecosystem, ZMT confers a multitude of benefits upon its holders. These advantages include an earnings boost on digital assets stored within Zipmex, as well as reduced transaction fees when trading on the platform. Furthermore, ZMT is poised to facilitate seamless payments within Thailand through ZipPay, slated for rollout in Q4 2021. By leveraging ZMT, users can make electronic payments via QR codes at participating Thai retailers, earning cashbacks and rebates with every transaction.

Zipmex is a pioneering digital asset platform that empowers users to buy, sell, and manage their cryptocurrencies with ease, providing a seamless and secure experience for all.

Zipmex stands as the sole fully regulated cross-jurisdictional digital assets exchange in Asia Pacific, boasting a diverse range of investment products, including interest-bearing accounts (ZipUp), lending (ZipLend), and payments (ZipPay). Its overarching vision is to emerge as the premier digital wealth generation platform in the region, empowering individuals with superior financial and investment opportunities. Fully licensed by pertinent authorities and operational in Singapore, Australia, Indonesia, and Thailand, Zipmex furnishes users with a secure and reliable platform to acquire digital assets at optimal prices, courtesy of its unparalleled liquidity pools.

ZMT’s versatile applications encompass a wide range of use cases, including:

Unlock elevated earnings through Zipmex’s lucrative schemes when you purchase and stake ZMTs. Enjoy reduced lending fees on ZipLend with your staked ZMTs. Furthermore, make electronic payments to merchants in Thailand and receive cashbacks and exclusive benefits. You can also utilize ZMTs to trade for other tokens on the Zipmex exchange, and take advantage of discounted trading fees.

The circulating supply of ZMT is a crucial metric that investors and enthusiasts alike are eager to know. As of the latest update, the circulating supply of ZMT stands at [insert number], which is a significant indicator of the token’s liquidity and market capitalization.

In the Zipmex ecosystem, a total of 200,000,000 ZMT will be in existence, with 66,000,000 ZMT slated to be in circulation by the end of 2021.

A significant 38% of the total supply is earmarked for community development, while 15% is reserved for private sales. The Zipmex team will retain 22% of the total supply. The remaining allocation consists of 5% for early advisors and 20% for the Treasury.

With a fixed total token supply, the demand for ZMT is anticipated to experience sustained growth as the ecosystem and use cases for the token continue to evolve and diversify. Over the next four years following the launch, the Zipmex team will carefully manage the market distribution of ZMT, ensuring a gradual release that balances supply and demand.

ZMTs are secured through a robust, decentralized, and open-source blockchain network, ensuring the integrity and transparency of all transactions and data exchanges.

As an ERC-20 token, it leverages smart contracts to facilitate seamless token implementation. Notably, on Zipmex, ZMTs are securely stored in BitGo’s custodial wallet.

The visionary founders behind Zipmex are Akalarp Yimwilai and Marcus Lim.

Marcus Lim is a seasoned entrepreneur, renowned for founding Oneflare.com.au, Australia’s most rapidly expanding marketplace for local services, which was partially acquired to form part of the Domain Group (ASX:DHG) in a AUD$43M deal. As an expert with extensive experience in the digital assets and financial technology sectors, he has been invited to share his insights on prominent platforms such as Bloomberg and Channel News Asia. A distinguished alumnus of the University of New South Wales, Marcus holds a Bachelor of Economics and Bachelor of Commerce, and was a prestigious UNSW Co-operative Scholar. Guided by his vision of ‘making investing accessible through financial inclusion’, Marcus spearheads the regional expansion and development of Zipmex.

Dr. Akalarp Yimwilai is a seasoned legal expert in the finance industry, boasting a specialization in capital markets and novel asset classes. Having witnessed firsthand the transformative power of blockchain and the potential of digital assets to drive positive change, he is a passionate advocate for democratizing access to these benefits. Prior to devoting himself to this mission, Akalarp held the position of Executive Director at a prominent securities brokerage and investment bank. Armed with a law degree from Georgetown and a PhD in Public Administration, he navigates senior government and corporate finance circles with ease.

The Zipmex team comprises a diverse group of visionaries, innovators, and experts in the realm of cryptocurrency and blockchain technology, united by a shared passion for revolutionizing the digital asset landscape.

Zipmex’s management team boasts a diverse ensemble of finance and technology professionals, leveraging their collective expertise garnered from various sectors, including banking, consulting, and technology.

James Tippett, Zipmex’s esteemed Chief Technology Officer, boasts an impressive track record of spearheading pivotal technological transformations, including the seamless migration from MySQL to PostgreSQL and the strategic shift from memcached to Redis. With a rich experience in blockchain technology dating back to 2013, he has successfully developed and coded numerous applications. Prior to his current role, he served as the Head of Engineering at AirTasker, where he masterfully designed and developed multiple APIs, as well as engineered robust back-end infrastructure and systems.

Proud Limpongpan, Zipmex’s Chief Strategy Officer, is a seasoned economist with a unique blend of strategic and operational expertise. With a proven track record in tech strategy and marketing, Proud is dedicated to making finance accessible and engaging. Her impressive professional portfolio spans nine countries, featuring collaborations with private equity firms and multimillion-dollar companies. Additionally, she has successfully invested in and built companies from the ground up. Notably, she achieved a remarkable 16-fold revenue growth in just three years at her latest manufacturing venture. Prior to her tenure at Harvard Business School, Proud was a consultant at the Boston Consulting Group, where she specialized in developing strategic initiatives for C-suite clients.

Jonathan Low, Zipmex’s Chief Operating Officer, is a seasoned banking professional with a proven track record of successfully launching and scaling new products and divisions, always with the customer’s needs at the forefront of his approach. Previously, he led ING’s Global Lending Program, driving digital innovation across eight markets, ensuring the bank remained at the cutting edge. Passionate about delivering exceptional products to market, Jonathan is committed to building robust operational infrastructures that facilitate scalable growth. He holds a Bachelor of Business, Finance, and Economics (Hons) from the University of Technology Sydney.

Delve into the profiles of our esteemed Zipmex management team members:

https://zipmex.com/about-us/

Where can you acquire ZMT?

Currently, ZMT is available for purchase on the Zipmex exchange, with plans underway to expand its availability to other prominent exchanges in the near future.

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