Zappl Is Over 71% Funded!
We would like to inform everyone Zappl is now 71% funded. In the last 12 hours there has been an explosion of support from the community. It you guys have took it from 14% to 71% funding in 12 hours or so which is extremely amazing.
We would like to thank you for the support and are looking forward to fishing up the Crowd Sale and getting Zappl to everyone as soon as possible.
If you wanted to get your piece of Zappl you still can but they're going fast.
There's currently only 12,011.791 Zappl left on the Bitshares market.
Crowd sale to fund development of Zappl.io
On launch of the asset it is:
1 ZAPPL for 1 bitusd
1 ZAPPL for 1 SBD
You can currently find the asset at:
https://openledger.io/market/ZAPPL_OPEN.SBD
https://openledger.io/market/ZAPPL_USD - No more available.
Find out more about projects and features here:
Zappl Decentralized Micro-blogging Social Media Website.
Bringing A Twitter Like Service to SteemIt.
Sneak peak video of Zappl
The Zappl Team
Our social media profiles and misc:
Twitter Facebook Discord Patreon
Follow, Upvote, Comment, ReSteem, Share
@thedegensloth, @steemitqa , and @zappl
Fantastic news!
Upvoting and resteeming
@shayne
Thanks once again @shayne
Thanks for what you're doing. The app is looking fantastic.
Bigggity boom biggity bam!
LOL! YESSSSSSSSSSSSSSSSSSSSSSSSSSS!
What is the minimum amount of Zappl that I can buy?
0.001 zappl is the min
Alright. Thank you. So 100 USD would get me about 100 Zapls. Something like that.
Yep.
Great!
Awesome!
For sure!!!
Disclaimer: I am just a bot trying to be helpful.
Congratulations guys! I cannot wait until this out :)
Well thanks and we can't wait either.
Thanks btcmillionaire! Me neither!
Good name btw!
Well done. This would be like steroids to Steemit
I agree! :)
Correct. That is kind of the thinking. The "activity economy" meets the "attention economy" = Nuclear!
Rock and Roll!
https://twitter.com/jacobts/status/863232190666207232
.
Oh yeah!!!!!
https://www.facebook.com/jakeschneider/posts/10158680391065274?pnref=story
Disclaimer: I am just a bot trying to be helpful.
Awesome stuff, I just climbed in to silver level in zappl!
You are a baller! :)
Congratulations
I bought a few and am thinking about picking up a bit more!
I must admit, I don't really understand the economics of the User Issued Asset though. I understand you'll have a buyback in place, but is this just to treat the crowdfunding as basically a loan and return it at the same value, or is there some kind of mechanism to increase the buyback offer price over time?
Sorry for asking, just curious. If it's not a profit sharing or dividend based token I just don't see any price appreciation. Hopefully someone can steer me in the right direction as I'm still learning about Bitshares.
Happy to support the fund either way though!
@bryan-imhoff, Thank you for your question. The User Issued Asset will be bought at about $1 plus a share of profits as profits of ZAPPL will be used to buy back ZAPPL as well. ZAPPL as a business will gain value as well as from the posts on STEEM which will also increase the value of ZAPPL as a whole. Which will in turn increase the value of ZAPPL for token holders. Hope that help answers your question which you seem to have a better understanding on another thread you read as well.
Just saw your answers to robrigo in this thread so that pretty much answers my question. It all depends on what price the community sets for you to buy it back at eh? So philanthropists will sell back to you low, and greedy bastards will band together to drive the price up and wait for payment... I'm not sure which I'll be! :)
Yes there will be some mixture of people buying and selling higher and lower looking for to hold for different time frames and make different amounts of money. Maybe I can be some mixture of a philanthropist and a greedy bastard!
Why would the price go higher than 2? Will dividends be paid out to the token holders? I don't think that is a part of the proposal, or is it? Also still trying to figure out how it works.
The price may or may not go higher than 2. The token will grow in value. How this may be addressed will be with buying back at higher prices and/or sharing some form of dividend. ZAPPL will increase in value with STEEM earned by zappl. Part of this will be in turn shared with token holders. As the dividend function is not ready and available on bitshares just yet the token may be bought back with a value more than initial price with a little more as a share of zappl value.
Thanks!
That is a clear answer.
I'm happy to hear that earning dividends with the ZAPPL token might one day be possible.
Let's get this ZAPPL app built before talking profits, I guess... :)
Really looking forward for the release.
You are most welcome! Yes we must get it built first before donating back.
Looking forward to the releases!
This is more so true during the free market trading of ZAPPL on the open market between traders. Over time ZAPPL will be bought and sold at various prices. The buy backs will occur buying up the lowest price ZAPPL on the market increasing the value of the remaining ZAPPL. Thank you very much for your investment and interest in ZAPPL!
I borrowed 200 bitUSD into existence and bought some with it. :) I was surprised to only get 199 though. Might want to mention the 0.5% exchange fee. Good luck with the project. I hope it goes really well.
I also noticed its cheaper in bit.usd than SD at current premium.
Yeah, SBD doesn't really have any pressure pushing it back down to $1. I keep waiting to buy back all the SBD I've been selling. :)
Hi @lukestokes so glad to see you become a Zapster! :) I'm supporting the Zappl team as their Community Manager . So wanted to say thank you for joining us on this journey! If you want, join us in our Zappl Discord!
Instruction (not mine) how to buy zappl token:
https://steemit.com/zappl/@dawidrams/how-to-buy-zappl-for-dummies