Bitspark's Project ZEPHYR token sale is live - 50% discount tier currently active

This is a reminder to all who are looking to get involved in BitSpark's Project ZEPHYR. The crowd sale is now live.

The best time to get involved is now as the discounts being offered are at the highest tier.

Who is Bitspark?

Bitspark, the world’s first cash in, cash out blockchain remittance platform which has been in operation since 2014 and are migrating their business to the Bitshares network.

Bitspark, a Hong Kong based fintech company provides a secure web and mobile platform for money transfer operators to send and receive payments quicker and cheaper utilising blockchain technology in addition to a suite of compliance and analytics tools tailored for the MTO industry.

In November 2014 Bitspark conducted the world’s first cash-in cash-out remittance transaction using Bitcoin and has since refined and targeted their services towards money transfer operators. Bitspark built a web platform to solve issues for MTOs revolving around cheaper remittances, gateway access and automation. Now, one of the major issues facing the remittance industry is that of de-risking whereby established MTOs are losing their bank accounts from banks seeking to disengage from the industry. Due to this, Bitspark is forming Project Zephyr to enable MTOs to operate in any jurisdiction in the world without a bank account - a major boon for industry.

What Is Project Zephyr?

Project Zephyr will enable MTOs and remittance customers to have access to 180+ fiat pegged cryptocurrencies through Bitspark’s existing mobile app Sendy (2017) and web platform (2014) which is switching to Bitshares. Participants of Project Zephyr will be rewarded for doing economically beneficial actions for Bitspark’s remittance network such as sending and receiving money, referrals, top ups and liquidating MTO balances with Zephyr Tokens.

Future Roadmap

The Team

The ZEPH Token - ICO

Zephyr Tokens will be used as a reward mechanism for MTOs and individuals undertaking tasks for Bitspark’s remittance network. Actions taken by Bitspark’s users including sending and receiving of money, topping up Sendy mobile balances, referrals or liquidating cash reserves at an MTO will earn Zephyr Tokens to incentivise active participation and customer conversion.
Bitspark will be reinvesting 25% of service fees from every successful transaction into buybacks of the Zephyr Token on the Bitshares DEX. As more Zephyr Tokens are issued to users to grow the network, the amount of transactions will increase and therefore increase the buying pressure of the token, leading to steady growth in value of the Zephyr Token incentivising more user acquisition and a positive feedback loop.

The Token Sale

You can get a 50% discount on ZEPH tokens - First 60 Million Tokens only.

At the time of writing the crowdsale is still in its first day and more than 22 Million tokens have been sold. Once more that 60 Million ZEPH have been sold the discount rate will reduce to 40%

More resources

You should do your own due diligence before investing into any project. I will include some resources below that i think are great sources of information.

• Bitspark Website
• Project Zephyr
• Project Zephyr One Page Summary
• Project Zephyr Whitepaper
• George Harrap on the Beyond Bitcoin show

George Harrap and Simon Dixon - Can Bitcoin serve the remittance market?

What is Bitspark & Zephyr? - By Tai Zen, Leon Fu & Maxine Ryan