ZAN Coin #ICO Review

wawanhar (27)in #zan • 6 years ago (edited)

ZAN Coin - bringing IT consulting and development closer together!

What is ZAN Coin?
ZAN Coin is a consulting company that has experienced constant issues with payments to freelance developers. ZAN Coin will enable to pay faster, work better, and get everyone involved in success. ZAN Coin using Ethereum platform and we hope to solve technical issues and provide four key benefits:

Dividends from each product sale
Faster payments to developers
Increased employee motivation
Buy-back option

ZAN Coin is intended to increase the engagement and motivation of developers and investors in the software development lifecycle through the application of blockchain technology. ZANFAU aims to introduce a cryptocurrency into an existing and successful business model, to further improve its processes and products and truly embody core business values. Developers and investors will be remunerated with ZAN Coin, which can then be cashed out or kept as further investment in the continued growth of the organization. The potential for ZAN Coin dividends will enhance motivation through an increase in the level of responsibility of employees and other contributors for the overall achievements.

With over 35 years combined experience in security consulting and software development, ZANFAU would like to move the SDLC to a new level, making it faster, better and supported by a community of people who are truly invested in its success. ZANFAU does not entertain unrealistic expectations of massive increases in value within short timeframes; what the offers is concrete profits in a business with a real future and very enthusiastic about using a cryptocurrency in the day-to-day work and are confident it can serve as a tool for enhanced motivation and success!

FIGURE 1: The Software Development Life Cycle (SDLC) - maximizing quality and efficiency and minimizing cost

FIGURE 2: Commitment and responsibility - ZANFAU embodies core business values for excellence in service standards and delivery of results

The Problem

Software development life cycle
The software development life cycle (SDLC) is a complex process involving the development, implementation, maintenance, and replacement of software of the highest quality, for the lowest cost and in the shortest time frame. A dedicated and motivated team of developers and project managers is required to ensure the success of the SDLC. however, building and maintaining employee motivation through this complex and high - pressure process can be tricky. Employee motivation has been a subject of serious inquiry for more than 70 years, and though motivating factors are fairly well understood, putting them into practice still proves difficult for some organizations.

Motivation
Salary/remuneration alone is, strangely enough, not generally the most motivating factor in the workplace. Research has consistently demonstrated that extreme job satisfaction is directly attributable to a variety of tangible and intangible, intrinsic and concrete factors (e.g. a strong sense of achievement, recognition of accomplishments/effort, undertaking interesting/challenging work, responsibility for work, good pay, good benefits, etc).

ZANFAU believes that motivated employees will exponentially improve the processes, products and motivating employees means giving them a sense of responsibility and achievement beyond merely the accomplishment of a single phase or task in the SDLC. Paying employees through the cryptocurrency model implicates them directly in the success of ZANFAU organization, in the development and dissemination of high-quality products from which they benefit both intrinsically (successful development and implementation of a whole product) and concretely (remuneration in ZAN Coin and accrued benefits as the value increases).

Why are ZANFAU changing the approach?
ZAN Coin’s founders currently have a successful software development business with dedicated developers from across the globe. They world-class team sees real potential in blockchain technology and the use of a cryptocurrency for the benefit of the organization, developers, and investors. Then they decided to develop they own cryptocurrency model, rather than using an existing currency such as Bitcoin because it allows them to truly retain control of investment, be it currency or labor. they feel that ZAN Coin will facilitate success by providing a common reward for employees, developers and managers alike.

Potential Benefits
Benefits will accrue in multiple ways. Developers will be more motivated (overall improvements in processes and products will benefit them directly through financial gain), which will lead to better products and increased sales, which in turn will lead to improved dividends for employees and investors-and all of this capped off with a buy-back option for cash flow and price growth.

ZAN Coin Solution

ZAN Coin is conceived by individuals with vast experience in different areas of expertise related to SDLC. ZANFAU have ongoing projects and currently generating profit. By launching they own coin, they want to make the most of all the benefits of the blockchain, and implementing it in day-to-day business.

Why ZAN Coin? Well, if the primary consideration was simply using cryptocurrency, as previously discussed we could have used Bitcoin to pay developers. But this wouldn’t have been enough. The speed of payments and tax issues are just two limitations of Bitcoin. However, they aim to involve people in their business and bind the currency price to be a success. The most obvious way to achieve this is to keep coins in the pockets of the people who are driving the company forward, this means the developers who they hope will feel safe in the knowledge that their efforts will be rewarded monthly, with each sale generating further profit for them. Even better, the developers are firmly on board, they agree that using ZAN Coin in this way is a great idea.

ZAN Coin Life Cycle
After the Initial Coin Offering (ICO) 70% of the coins will be shared with the developer/investor community. ZANFAU aims to keep over 50% in the hands of developers in order to reward them for being among the most significant contributors to the success of this projects.
Using 20% of the total number of coins the team will also initiate payments to their developers. This means the distribution of coins to a team of devoted people who will then decide if they want to cash them out or keep their share as savings.
Investors will start receiving dividends as soon as a project payment comes through. ZANFAU will be paid in cash by customers, which will then be converted into ZAN Coins and distributed to all investors (which also includes developers who’ve retained their ZAN Coins), depending on their percentage of shares.