Project Zephyr
Zephyr tokensale has now closed! Trading has begun on the Bitshares decentralized exchange HERE. You can follow the instructions to withdraw your ZEPH here

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PROJECT ZEPHYR

A REWARD TOKEN FOR A PEGGED CRYPTOCURRENCY REMITTANCE NETWORK

500,000

Global Cashout Locations

60,238,348.161

Tokens Sold So Far

7

Countries

TOKEN SALE ENDS

30D 0HR 0M 0S

Zephyr Trading Here

What Is Project Zephyr?

BITSPARK’S REMITTANCE NETWORK EVOLUTION

Bitspark is launching Project Zephyr to eliminate banks from the remittance industry by rolling out 180+ fiat pegged cryptocurrencies via the Bitshares Blockchain and making Bitspark’s Money Transfer Operators a decentralised cash in, cash out network worldwide. Zephyr Tokens will be used to reward those who economically benefit Bitspark’s remittance network and 25% of fees from successful transactions will be used to buy back tokens from the Zephyr market.

SENDY MOBILE APP

In early 2017, Bitspark launched Sendy - a mobile app for individuals to send and receive cash from bitcoin remittances more conveniently and at better rates. Sendy users can also become top up agents to other users and earn a profit!

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BITSPARK REMITTANCE ECOSYSTEM

Bitspark products work together to create a self sufficient ecosystem where Money Transfer Operators can send and receive remittances on behalf of an individual or top up a Sendy users balance for profit. Sendy users can send personally or become a top up agent to others and earn more.

BITSPARK NETWORK

Bitspark has over 350K+ cash out networks in eight countries including Hong Kong, Philippines, Indonesia, Vietnam, Malaysia, Ghana, Nigeria and Pakistan. Bitspark Money Transfer Operators use the platform to send, manage and receive payments at available country options to earn more, send better and send smarter.

ZEPHYR PROJECT

Bitspark has started Project Zephyr by beginning the switch to Bitshare’s Blockchain and partnering with the United Nations Development Program. The partnership will add Tajikistan as the first pilot country and work on eliminating the need for banks for individuals and money transfer operators. By liquidating MTO Bitspark balances from buyers of sellers of Bitspark’s fiat pegged cryptocurrencies, participants no longer will have to rely on having bank accounts and limited access to fiat.

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BITSPARK WEB PLATFORM

In 2014, Bitspark launched the world’s first cash in, cash out blockchain remittance platform for Money Transfer Operators. Now, it's the leading blockchain remittance software in the world supported by governments, financial institutions and crypto community.

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ZEPHYR TOKEN

Zephyr Tokens will be used to encourage individuals and businesses to do economically beneficial actions for the Bitspark remittance network including topping up balances, referrals, sending and receiving remittances or liquidating MTO balances. With every transaction 25% of the service fee will be dedicated to buying back Zephyr Tokens over time from the market creating an upward price pressure.

Relevant Documents

Zephyr Token

SPECS, INCENTIVES & REWARDS

TOKEN NAMEZephyr Token
TOKEN SYMBOLZEPH
TOKEN STANDARDBitshares
CRYPTO ACCEPTEDBTC, ETH, BTS
CONTRIBUTION CAP600 000 000 ZEPH
CONTRIBUTION ADDRESSUnique
TOTAL SUPPLY2 000 000 000
START TIME6/Oct/17
END TIME6/Nov/17
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Zephyr Token Usage

COINS ISSUED AS BITSPARK REWARDS

Any users of the Bitspark remittance network will be rewarded with Zephyr Tokens for their efforts in liquidating MTO balances, top ups of Sendy users, referrals and sending or receiving remittances.

SUCCESSFUL TXN ON BITSPARK NETWORK

Every successful transaction on the Bitspark remittance network has a service fee set by Bitspark, MTO’s or Sendy agents.

ZEPHYR TOKEN BUYBACK

25% of the service fee set by Bitspark, Money Transfer Operators or Sendy agents will be used to buy back Zephyr Tokens over time from the market.

ZEPHYR TOKEN POSITIVE PRICE PRESSURE

With 25% of successful transactions fees being used for buy backs, Zephyr Token market will retain a positive price pressure.

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TIMELINE

Bitspark was founded in 2014 and reached plenty of milestones. Take a look at what we've done most recently!

2017 MAY — First Bitspark, UNDP, AltFinLab Mission

After months of working with UNDP, the Bitspark team made the first visit to Tajikistan to explore opportunities to implement Bitspark for a domestic and international money transfer system. After speaking with MTOs, local entrepreneurs, regulators and local stakeholders, it was found Bitspark’s system in partnership with UNDP and AltFinLab would alleviate money transfers hurdles for locals and overseas workers.

learn more

2017 MAY - Bitspark, UNDP & AltFinLab Begin Planning Tajik Pilot

With the go ahead from Tajikistan’s UNDP country heads, Bitspark, UNDP and AltFinLab work together in the first stages of introducing Bitspark’s blockchain remittance system to the country. With a broken banking system causing difficulty for locals and overseas workers, Bitspark prepares to switch to Bitshares integration to enable fiat pegged cryptocurrency to lower barrier to entry for user participation by eliminating needs for a banking infrastructure.

learn more

2017 AUGUST - Announcement Made Regarding Bitshares Switch

Announcement Made Regarding Bitshares Switch
Bitspark makes official announcement of switch to Bitshares Blockchain and migration from Bitcoin Blockchain with popular reception from the cryptocurrency community. Bitspark states the transition will be the focus of 2017 due to Bitshares’ clear benefits for Blockchain remittances relating to system efficiency, cost and gateway elimination. Announcement & Community discussion available below.

learn more

2017 SEPTEMBER - Bitspark Zephyr Token Pre-Sale Launch

Token sale pre-sale begins. Buyers can create accounts, pre-buy tokens by depositing before sale and be first in line for best sale price. When offical sale begins the deposit will auto buy Zephyr Tokens with available balance and allocated to unique address. Learn more by visiting out FAQ.

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2017 OCTOBER 6 - Zephyr Token Sale Begins

Token sale officially begins! Buyers can create accounts from the sign in page and begin depositing in ETH, BTC and BTS to purchase the Zephyr Token. Learn more by visiting our FAQ.

subscribe

2017 NOVEMBER 6 - Zephyr Token Ends. Participants issued Tokens

Token sale ends and participants will be issued Zephyr Tokens to their unique addresses. Bitspark team will be available for assistance on allocated socials media channels. TelegramDiscordRedditTwitterBitcoinTalk and Bitshares.

2017 Q4 - Tajikistan Pilot - Technical Testing & Validation

Bitspark tests technical components added to the platform including integration of Bitshares, the creation of TJS-bts/RUB-bts, receive money functionality for local payments on mobile app and platform to facilitate Tajikistan country hosting along with Bitspark’s existing destinations.

2017 Q4 - Tajikistan Pilot - Live Launch. Zephyr Token Integrated into Bitspark

Bitspark works with UNDP and AltFinLab to onboard first 1000 participants to test platform. Test group will comprised of local and international Sendy users, MTOs, entrepreneurs and businesses working on first transactions with new integration. Test groups will go through A/B testing to define end product. Pilot will include working with Tajikistan Central Bank and regulators to ensure implementation success.

2018 Q1 - Market Expansion in Tajikistan

Official product push to Tajikistan MTOs, mobile users, entrepreneurs and businesses by recruiting local talent and community leaders to lead user conversion with already implemented referrals and Zephyr Tokens promotion.

2018 Q1 - Deployment of Pegged Cryptocurrencies to all Countries

After testing and deployment in Tajikistan, Bitspark will test and deploy 180+ pegged fiat cryptocurrencies to all countries including Bitspark’s eight existing destination countries: Hong Kong, Philippines, Indonesia, Ghana, Nigeria, Vietnam, Malaysia and Tajikistan.

2018 Q2 - Expansion in Bitspark Destination Countries and Beyond

To infinity and beyond! Keep up to date on Project Zephyr’s progress via Bitspark’s social media and blog.

2017 MAY — First Bitspark, UNDP, AltFinLab Mission

After months of working with UNDP, the Bitspark team made the first visit to Tajikistan to explore opportunities to implement Bitspark for a domestic and international money transfer system. After speaking with MTOs, local entrepreneurs, regulators and local stakeholders, it was found Bitspark’s system in partnership with UNDP and AltFinLab would alleviate money transfers hurdles for locals and overseas workers.

learn more

2017 AUGUST - Announcement Made Regarding Bitshares Switch

Announcement Made Regarding Bitshares Switch
Bitspark makes official announcement of switch to Bitshares Blockchain and migration from Bitcoin Blockchain with popular reception from the cryptocurrency community. Bitspark states the transition will be the focus of 2017 due to Bitshares’ clear benefits for Blockchain remittances relating to system efficiency, cost and gateway elimination. Announcement & Community discussion available below.

learn more

2017 OCTOBER 2 - Zephyr Token Sale Begins

Token sale officially begins! Buyers can create accounts from the sign in page and begin depositing in ETH, BTC and BTS to purchase the Zephyr Token. Learn more by visiting our FAQ.

subscribe

2017 Q4 - Tajikistan Pilot - Technical Testing & Validation

Bitspark tests technical components added to the platform including integration of Bitshares, the creation of TJS-bts/RUB-bts, receive money functionality for local payments on mobile app and platform to facilitate Tajikistan country hosting along with Bitspark’s existing destinations.

2018 Q1 - Market Expansion in Tajikistan

Official product push to Tajikistan MTOs, mobile users, entrepreneurs and businesses by recruiting local talent and community leaders to lead user conversion with already implemented referrals and Zephyr Tokens promotion.

2018 Q2 - Expansion in Bitspark Destination Countries and Beyond

To infinity and beyond! Keep up to date on Project Zephyr’s progress via Bitspark’s social media and blog.

2017 MAY - Bitspark, UNDP & AltFinLab Begin Planning Tajik Pilot

With the go ahead from Tajikistan’s UNDP country heads, Bitspark, UNDP and AltFinLab work together in the first stages of introducing Bitspark’s blockchain remittance system to the country. With a broken banking system causing difficulty for locals and overseas workers, Bitspark prepares to switch to Bitshares integration to enable fiat pegged cryptocurrency to lower barrier to entry for user participation by eliminating needs for a banking infrastructure.

learn more

2017 AUGUST - SEPTEMBER -Bitspark Zephyr Token Pre-Sale Launch

Token sale pre-sale begins. Buyers can create accounts, pre-buy tokens by depositing before sale and be first in line for best sale price. When offical sale begins the deposit will auto buy Zephyr Tokens with available balance and allocated to unique address. Learn more by visiting out FAQ.

subscribe

2017 NOV 2 - Zephyr Token Ends. Participants issued Tokens

Token sale ends and participants will be issued Zephyr Tokens to their unique addresses. Bitspark team will be available for assistance on allocated socials media channels. TelegramDiscordRedditTwitterBitcoinTalk and Bitshares.

2017 Q4 - Tajikistan Pilot - Live Launch. Zephyr Token Integrated into Bitspark

Bitspark works with UNDP and AltFinLab to onboard first 1000 participants to test platform. Test group will comprised of local and international Sendy users, MTOs, entrepreneurs and businesses working on first transactions with new integration. Test groups will go through A/B testing to define end product. Pilot will include working with Tajikistan Central Bank and regulators to ensure implementation success.

2018 Q1 - Deployment of Pegged Cryptocurrencies to all Countries

After testing and deployment in Tajikistan, Bitspark will test and deploy 180+ pegged fiat cryptocurrencies to all countries including Bitspark’s eight existing destination countries: Hong Kong, Philippines, Indonesia, Ghana, Nigeria, Vietnam, Malaysia and Tajikistan.

As Featured By

The Team

LEARN MORE ABOUT US

Bitspark incorporated in Hong Kong since April 2014. Its team produced a cash in, cash out blockchain remittance platform which facilitated an end to end transfer from Hong Kong to the Philippines using Bitcoin as the mode of transfer - the first of its kind. The company is backed by The Cyberport, a Hong Kong government initiative and has joined acceleration programs such as Accenture Fintech Innovation Labs and SixThirty.

Since then it has expanded to seven markets predominantly in Asia and Africa with over 500+ cash out locations ranging from banks, pawn shops, convenience stores and post offices. Bitspark most recent release was Sendy, a mobile money app which enabled users to top up with Bitspark agents to send remittances via their mobile using the bitcoin network and without any techknowledge necessary!

George Harrap

Co-Founder CEO

Maxine Ryan

Co-Founder COO

Taras Voytovych

Project Manager

Bohdan Varshchuk

CTO

Igor Petrukh

Senior Developer

Valeriy Lavasov

Senior Developer

Katya Idyartova

Quality Assurance

Zhanna Yuskevych

Lead Designer

Roman Kubik

Android Developer

Ivan Sadovyi

Android Developer


Partners

Bitspark is proud partners with


Alumni

Bitspark has graduated from the following accelerators!