Nerdy Details
ZamZam Whitepaper
Our project is designed to sustain itself for centuries without the need for funding. How? By leaving a lot of capacity for future teams to mint and sell ZAMZAMs and fund themselves. We will never take a fee.
Founder Wallets
Founder 1 / Main
0x2a1a6d2DfB3DD4eE796A1058f08b7c242899Ba73
Founder 2
0x63CD2A3c4F35AE3860BEa301ace552ce3912b8a4
Founder 3
0x591F23430dB3E4aD67673706C83E8663B5b84A7c
Founder 4
0xff746dD771FBb8d09F2791922f5Ff6DD49823a66
Founder 5
0xA5fd7AC939d10b96Adf384e5e7f6f4C2Ed0C144B
Founder 6
0xA139A485957747e8B09bC2628628a0ccF5Eb6428
Founder 7
0x23e52F7962b926CC424BE7343917f0BB7130098b
Founder 8
0x2DCDFa55Abf5Dbe7aa4DD879adE25CDCdc4A7C69
Founder 9
0xa09f8f04988157Bc2e150d43D505e2C95F363410
Founder 10
0xb24C2Ec7838A250A1c4625E802477994E532ecf3
Platform Goals
Goal One: Zero Fees
The purpose of the Zamzam project is to disrupt charity. It empowers donors to support projects without needing a middleman. This eliminates costs (rent, salaries, etc.) Zamzam takes zero commission.
Goal Two: Transparency
(Where does my money go exactly?) (What does my humanitarian project cost exactly?)
It allows donors to target the precise project they select and track their funds on blockchain when using Zamzam tokens. Furthermore, when using Zamzam, the project’s cost/price is 10% lower. This is accomplished when onboarding suppliers. They’re given four forms of payment: Fiat (USD), Stablecoin (USDT), no payment (Free), or Zamzam tokens. If Zamzam tokens are chosen, the suppliers accept it with the understanding that the price fluctuates, and there’s a risk of depreciation. However, their acceptance and use of the token supports the overall project. In the spirit of support, the supplier provides a ten percent 10% discount. This 10% saved will be used for:
- Token burns (4%)
- Liquidity supply in the form of USDT (4%)
- Rebate to project Zamzam at its disposal (1%)
- Rebate to all users at their disposal (1%) crowd voting.
Goal Three: DAO, Democracy and Refunds
- Users control the project by voting at all stages. Release payment.
- Donors get refunds if dissatisfied. Refund payment.
- Donors rate and rank project angels. Bad ratings get them removed.
- Donors determine fate and direction of project at main junctions once current founder and CEO steps down: New CEO hiring and firing, burns, mints, countries, communities etc.
Zamzam Platform DAO Functions
How does Zamzam disrupt charities and empower companies instead?
The platform has many features, cleaned up to a simple solution. It’s a one stop shop CSR department. KYC and AML are taken care of on the backend (Jumio integration and AI red flag warning system). Add a logo and description and the CSR section on the Zamzam Platform is complete and ready to roll.
The Platform accepts all forms of payment (credit card, debit card, Apple pay, cryptocurrencies) and does the job of virtually 3 employees (sorting, marketing, KYC, background, correspondence). This allows small and medium companies to have a CSR department without needing to hire anyone additional. It has access to a large array of projects organized neatly. One person can log in and select a project they’d like to donate to. Large organizations can also market their custom CSSR initiatives. For example, Energy Bank announces that it’s looking to support any initiative that supports alternative energy in the community. Project angels and community leaders upload their projects directly to the platform and specifically to the bank’s section. If approved, the project is funded and shown as an Energy Bank CSR project. As usual, all costs, phases, and updates are available for everyone to see.
Zamzam Top Ten Milestones (Year One)
Accepting All Forms of Payment on the Platform
Project Zamzam does not force anyone to use its tokens for donations. All payment options are available for two main reasons. First, the general population does not necessarily know how to create a wallet and pay using cryptocurrencies. Secondly, we would like donors and suppliers to use Zamzam Token as a show of support and faith in the project. The fate (volume & price) is directly tied and correlated to the amount of humanitarian projects that use Zamzam as a form of payment. Anyone holding Zamzam Tokens is supporting the project. Any supplier who accepts Zamzam tokens despite its volatility is supporting the project. The more tokens removed from circulation on exchanges, the higher the price becomes as supply is decreased. We have tied “good deeds” with “making money”, to motivate investors, speculators, and traders to create projects and increase the value of their holdings.
What's the Value of using Zamzam Tokens?
Suppliers have 4 options as payment methods: Fiat, Stablecoin or crypto, Zamzam, or doing it for free.
All methods are 1:1 (zero commission) except for Zamzam. If the supplier accepts Zamzam Tokens despite the risk of volatility, they are supporting the project. More importantly, they will give a 10% discount as a further show of support. Encouraging more people to use Zamzam Tokens.
Our Vision
Only through correcting the unfair distribution of wealth can the world truly become a better place, and ZAMZAM aims to become a major correctional currency accepted as a mainstream token accepted globally. And to specifically to be a driving force for a positive humanitarian contribution to the physical and psychological development of humans. ZAMZAM will be a seamless efficient support channel that facilitates a direct transfer of ZAMZAMs to the project/person in need, eliminating the middleman who has overheads and miscellaneous expenses that diminish the amount of support received by those mostly in need. The destitute. We have a simple humble mission. We will support any good cause we can by either directly investing in projects we control, or by donating Zamzam directly to desperate affected people. Join our cause, and let’s make the world a little bit better. We know we can!
Our Mission
To disrupt charity
To support individuals who don’t have the funds, reach, or credibility to fund their humanitarian objectives by providing an intelligent platform that is self-sustainable.
To empower individuals and companies to do good easily and transparently without needing a middleman who has overheads and other expenses. Allowing 100% of funds to go directly and transparently to the project they support.
To ensure that our digital creation encompasses and implements ESG criteria. ESG (Environmental, Social, and Governance) criteria are a set of standards for operations that ZAMZAM maintains as a steward of nature, employees, and leadership. Social and environmental sustainability are a key priority for the ZAMZAM project. We will continually monitor and improve our ESG practices in a diverse and innovative manner at the cutting edge of technology.
To develop an open source blockchain network that allows anyone to support a person/project around the world by sending a ZAMZAM token directly to a shop, contractor, hospital, or any other sort of establishment to fulfill their needs: Eliminating the middleman (aka Charity).
To partner with innovative individuals and institutions globally that can support our vision by increasing our sphere of influence and increase the number of projects and donors.
To assist converting users onto Binance blockchain to use and accept our technology. In the cases where the concerned establishments are not technically proficient nor prepared to accept ZAMZAM tokens, we will assist by receiving and converting the ZAMZAM tokens sent to a more palatable digital currency or fiat currency. (Crypto Concierge Service)
To be the main central aggregator of innovative humanitarian projects globally.
Zero Percent
ZamZam will never take a fee or percentage towards doing good or charity. Every person spends ZamZams on their own free will either towards doing good, or for normal goods and services who accept the currency. Our goal is not to be a charity, but to be a normal token for everyday life that represents good. And we hope that is simply enough to shift society a little towards being a better place, as opposed to the normal cold capitalistic fiats that we are used to seeing and using.