Most active people in this topic will participate in a giveaway of Zapo tokens in a week. Will be a small amount but we want people who participate and support Tron projects to be Zapo holders.
We launched on Tron 6 months ago but only recently joined this forum. Thought I should do an introduction to Zapo Utility meme and a little giveaway.
We have built a dApp using liquidity pools/A.I which allows you to swap from 50+ chains into Tron and Tron memes/ecosystem projects. Our aim is to bring liquidity into Tron ecosystem.
And I looked up the dexscreener, looks pretty organic for a 6months project, I love the fact that liquidity is locked, charts is looking a little red now to buy but, how much of the token is allocated to the dev/team? I couldn’t get that info from dexscreener
Team is not interested in selling tokens. We want to build revenue from our product being used. The dev wallet is the team wallet and tokens have never been sold from there. Its around 13% supply.
Oh I see, this has really become a thing with memes within an ecosystem. Like in Ethereum for instance, memes on the chain gets sent to Vitalik Buterin at random but I still don’t see the essence when this is being done. In Zapo’s case, would that be for recognition in the Tron verse or…?
Its basically like burning the token as Justin will never sell it and if there is enough hype he will eventually acknowledge it resulting in the token doing really well. Basically a marketing event/token burn but only works when the ecosystem is hot.
Well our product is a swap. Locking most people only do if they get something in return. However doesn’t make sense to lock tokens and give rewards as that will just lead to sell pressure. We want to reduce and suppress supply though buy back and burn.
Ok that’s like the popular saying; “1 stone, 2 birds”. Speaking about marketing, how invested are you in marketing, do you employ the services of KoLs/influencers, or you opt for community members instead?
Both but marketing has not been pushed hard yet till we see liquidity come back into the Tron ecosystem. Our team is very experienced and some of us have been involved in very large projects over the years so we understand the importance of timing.
I get that squarely, thanks for sharing.
But when you say you have a very experienced team, do you mind giving details of your experiences and/or level of expertise in this space?
Our Lead Dev was ex CTO of Vanar chain. He worked there for 3 years. Vanar chain is a project which is on binance and reached nearly 500 Million marketcap.
Our other 2 devs created Ghosty cash which is a swap protocol that has swapped over $90 million usd.
I have personally advised multiple projects and am currently advising in the BTC DeFi ecosystem.
We have all been in crypto since 2016. We are all massive fans of TRON and this is what bought us together to work on ZAPO.
that’s like the popular saying; “1 stone, 2 birds”. Speaking about marketing, how invested are you in marketing, do you employ the services of KoLs/influencers, or you opt for community members instead?