Frequently Asked Questions
Zippie is an Ethereum based mobile OS for blockchain apps, protocols and currencies.
Zippie brings the decentralized world to our smartphones in one seamless and user-controlled experience, starting from easy and secure use of one’s cryptographic identity and private keys.
Zippie uses the Ethereum blockchain, as it is production-ready, has significant developer support and is evolving with fast pace. At the same time, Zippie is designed to be blockchain agnostic. We aim that dapps using any blockchain can be integrated to the Zippie OS.
Zippie community program is built around our product and reward those community members who help us develop Zippie by using and promoting Zippie. In short, enthusiastic community members who, by acting as early testers of the product, help us make it better.
You can read more here.
2nd whitelist for the program is currently open; read more and join here.
Yes, each participant can get Zippie tokens (ZIPT) if they use and promote Zippie products.
Zippie token is an Ethereum ERC20 utility token which grants access to key services around Zippie OS, and is used to reward active users and developers. See more in our Whitepaper.
We want to build a long-term community around our product, powered by token incentives. We will not have a traditional token sale which often attracts short-term speculators or scammers.
Instead, we launched a Zippie community program. You can read more in the “Community Program” section.
Yes, we had a small pre-sale in late 2017. The pre-sale is finished. You can read a summary here.
Yes, we had a private sale in early 2018. The private sale is finished.
Pre-sale token price was 1 ETH = 30,073 ZIPT. Private sale token price was 1 ETH = 5,000 ZIPT for all contributors, which can decrease down to 1 ETH = 12,500 ZIPT for strategic contributors who hold their tokens for 10 months. There are several reasons for the pre-sale and private sale price difference:
- Market interest
There has been a very large increase in interest towards Zippie since late 2017, the late stages of our pre-sale. As we want to reserve large enough token allocation for ecosystem development for the years to come, and have reserved a limited amount of Zippie tokens for main sale, due to the increased demand we had to set our token price to a new level to accommodate contributor demand. Zippie is building an ambitious Web 3.0 OS project, and the new pricing sets Zippie on par with other ambitious projects and their token sales.
- Increase in ETH price & crypto market cap
We started the pre-sale in the end of November 2017, when ETH was at $458. When we started the private sale in mid-January, ETH was close to $1400 – a 3x increase. Consequently, valuations of most Ethereum projects (and crypto projects in general) skyrocketed. Remaining at close to our pre-sale valuation would have left us massively undervalued compared to the rest of the market.
- Early contributors take the biggest risk
Similar to startup funding, first contributors will always take the biggest risk as there’s many unknowns related to the project. We believe that early believers, of which the first ones backed us already in November 2017, should be rewarded for trusting us in the very early stage of the project.
Yes. Pre-sale contributors have a 30% bonus. 3/4 of the pre-sale participants have also agreed to a gradual 6-month lockup. The remaining 1/4 pre-sale participants get the 30% bonus in three equal portions three, six and nine months after ZIPT token becomes transferable, but only if they still hold 100% of their initial contribution. Some selected contributors and strategic partners receive also a 10-20% additional bonus.
Private sale contributors have 10-75% bonuses. Large bonuses were offered only for strategic partners with a minimum of 6-month lockup for all of their tokens.
Circulating supply was 133M ZIPT when the token became transferable on 30th April 2018. For more details, see this blog post.
The token became transferable on 30th April 2018, after the Zippie OS Alpha launched.
Currently, Zippie token (ZIPT) is available on the Bancor Network. Due to legal restrictions, we cannot comment on exchange listings or possible discussions with exchanges.
Regarding decentralized exchanges, listing/trading is out of our control as Zippie token will be freely transferable after the Zippie platform is launched.
In general, we believe that ZIPT token liquidity is critical for the Zippie platform to succeed. We are working towards establishing this liquidity.
Zippie Hong Kong Limited (a Hong Kong company) existence: Hong Kong Companies Registry -> unregistered user -> “the search(es) is / are conducted to ascertain (1) whether the searcher is dealing with a company or its directors or other officers, in matters of or connected with any act of the company;” -> accept -> search -> company name -> company name: zippie -> search, where you’ll find us as CR number 2375906
The different people involved in the project can be searched from LinkedIn as well; whom have well-connected, well-established profiles. Googling our names will also show up a lot of entries relating to our pasts.
We are happy to discuss anything you might find that worries you.
You’re also welcome to come join us for a beer in Hong Kong and meet the team in person, but contact us first 🙂
Join our Telegram and strike up a conversation about X! We are planning for Zippie platform to be developed not only by ourselves but also the network of contributors, fans and community around it. We don’t know everything but it may very well be that your particular Y is the puzzle piece that makes it all come together.