A Decentralised National Currency for Zimbabwe
Sound Money & Secure Banking using Blockchain Technology
Available to all Zimbabweans
A Decentralised National Currency for Zimbabwe
Sound Money & Secure Banking using Blockchain Technology
Available to all Zimbabweans
Round 1 Registrations Close 31 March 2019
After this date, ZIMBOCASH allocations will halve.
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WHAT IS ZIMBOCASH?
A movement for a decentralised national currency.
ZIMBOCASH is a digital currency. Our goal is simple – to establish a decentralised national currency that is fixed in supply.
Each Zimbabwean who joins will get 100 000 ZIMBOCASH when the blockchain is launched. We'll then list the currency on an exchange.
Account holders will only be able to sell ZIMBOCASH on the exchange when they have made 6 transfers to others.
We'll have succeeded when people use ZIMBOCASH to trade with reference to a market price.
HOW DOES ZIMBOCASH WORK?
It's based on six key ideas.
1. REGISTER - Only Zimbabweans can join
If you're Zimbabwean you can register. We don't want your money. We want you to join our community. You will get 100 000 ZIMBOCASH if you join in the first round. Each subsequent round the allocation for sign-ups will halve. We will not now, nor will we ever, ask you for you to pay anything.
2. INTRODUCE – Grow the Network
You get an extra 10 000 ZIMBOCASH for each person who signs up with your email as a reference. We'll also give you a unique link to share via whatsapp, email or social media. For every person who clicks your link, you'll receive an extra 100 ZIMBOCASH.
3. SECURE – No more money printing
After registrations close, we will launch the blockchain using the latest blockchain technology. That means no-one will be able to print more ZIMBOCASH than has initially been created. ZIMBOCASH is a fixed currency system.
4. TRANSFER – Pay anyone
Blockchain also enables you to make fast payments to anyone around the world or across the country. International payments and money remittances can be made simply, easily and at low cost.
5. EXCHANGE – Global demand
ZIMBOCASH will be listed on an exchange. You'll need to first make a few transfers to others and then you will be able to buy and sell ZIMBOCASH on the exchange at the market rate.
6. NETWORK EFFECT – each new person adds value to the system
The value of ZIMBOCASH grows exponentially as more people register and make transfers to others. This is called the Network Effect. We are creating an ecosystem where people can refer to ZIMBOCASH when they trade.
HOW DOES ZIMBOCASH WORK?
It's based on six key ideas.
1. REGISTER - Only Zimbabweans can join
If you're Zimbabwean you can register. We don't want your money. We want you to join our community. You will get 100 000 ZIMBOCASH when you join. Each subsequent round the allocation for sign-ups will halve. We will not now, nor will we ever, ask you to pay any money.
2. INTRODUCE - Grow the Network
You get an extra 10 000 ZIMBOCASH for each friend who gives your email as a reference. We'll also give you a unique link to share via whatsapp, email or social media. For every person who clicks your link, you'll receive an extra 100 ZIMBOCASH.
3. SECURE - No more money printing
After registrations close, we will launch the blockchain using the latest blockchain technology. That means no-one will be able to print more ZIMBOCASH than has initially been created. ZIMBOCASH is a fixed currency system.
4. TRANSFER – Pay anyone
Blockchain also enables you to make fast payments to anyone around the world or across the country. International payments and money remittances can be made simply, easily and at low cost.
5. EXCHANGE – Global demand
ZIMBOCASH will be listed on an exchange. You'll need to first make a few transfers to others and then you will be able to buy and sell ZIMBOCASH on the exchange at the market rate.
6. NETWORK EFFECT – each new person adds value to the system
The value of ZIMBOCASH grows exponentially as more people register. This is called the Network Effect. Our goal is to create an ecosystem where people refer to ZIMBOCASH when they trade.
INTRODUCE OTHERS
We're rewarding those who grow the network.
The value of the network depends on how many people sign up – we discussed this in more detail here. Because of this, we are rewarding those who introduce others to the network.
For each person who signs up using your email as a reference, you'll get an extra 10 000 ZIMBOCASH.
Each person gets a unique link to share via whatsapp, email or social media. For every person who clicks that link, 100 extra ZIMBOCASH!
FIRESIDE CHATS
Current news.
PRESS RELEASE 19 Feb 2018
Hi ZIMBOCASH friends Our press release went out today. You can find it below: Can the Zimbabwe currency situation be solved using innovative technology? Zimbabwe has been ravaged by price increases and shortages of basic commodities such as fuel. A new technology...
read more
The real reason fuel prices have spiked
No-one likes it when prices rise. And particularly when there are shortages. Zimbabwe is in the hot seat and it’s not because the economy is just doing badly. It has everything to do with money. When prices rise across the economy, the usual suspect is money...
read more
Happy New Year
Hi ZIMBOCASH friends Happy new year! We hope you have had a great festive season. ZIMBOCASH is gaining in momentum. It is clear in our mind what we’d like to achieve – we want a national decentralised currency that is fixed in supply and available to all Zimbabweans....
read more
What is the value of ZIMBOCASH?
Hi ZIMBOCASH community Our sign-up process is in full swing. One of the most common bits of feedback we have had is: “I don’t understand how I can get something for nothing”. We talked briefly about this in our previous fireside chat but it’s worth a deeper dive. To...
read more
Our Heart
Hi ZIMBOCASH community Well, here we are, 12 days into the three-month sign-up of a movement that has the potential to transform Zimbabwe! We’ll be sending you an email regularly to keep you informed of the progress – we call these fireside chats. We’ll talk about our...
read moreFIRESIDE CHATS
Current news.
PRESS RELEASE 19 Feb 2018
Hi ZIMBOCASH friends Our press release went out today. You can find it below: Can the Zimbabwe currency situation be solved using innovative technology? Zimbabwe has been ravaged by price increases and shortages of basic commodities such as fuel. A new technology...
read more
The real reason fuel prices have spiked
No-one likes it when prices rise. And particularly when there are shortages. Zimbabwe is in the hot seat and it’s not because the economy is just doing badly. It has everything to do with money. When prices rise across the economy, the usual suspect is money...
read more
Happy New Year
Hi ZIMBOCASH friends Happy new year! We hope you have had a great festive season. ZIMBOCASH is gaining in momentum. It is clear in our mind what we’d like to achieve – we want a national decentralised currency that is fixed in supply and available to all Zimbabweans....
read more
What is the value of ZIMBOCASH?
Hi ZIMBOCASH community Our sign-up process is in full swing. One of the most common bits of feedback we have had is: “I don’t understand how I can get something for nothing”. We talked briefly about this in our previous fireside chat but it’s worth a deeper dive. To...
read more
Our Heart
Hi ZIMBOCASH community Well, here we are, 12 days into the three-month sign-up of a movement that has the potential to transform Zimbabwe! We’ll be sending you an email regularly to keep you informed of the progress – we call these fireside chats. We’ll talk about our...
read moreSECURITY
We take your privacy and security seriously.
BLOCKCHAIN CRYPTOGRAPHY
As a blockchain organisation, we use the latest in cryptographic security and protocols to ensure trust and security are paramount.
SECURE HASHING ALGORITHM
All password details are kept in a secure hash algorithm including an MD5 function and a SALT input ensuring the highest standards of security.
DUAL FACTOR AUTHENTICATION
The secondary layer of protection is designed to ensure that only authorised data engineers have access to the system and code-base.
ZIMBOCASH CORE DEVELOPERS TEAM
We're recruiting.
ZIMBOCASH is establishing a core development team of programmers and coders who will create the architectural framework of the ZIMBOCASH blockchain and associated IT services.
We will be opening applications for this team to the public in the next few days. We will notify those who have signed-up for ZIMBOCASH when applications open.
ZIMBOCASH AMBASSADOR PROGRAM
We're building the network through Ambassadors.
We have received a large number of applications. We're closing applications for now – we will open again in a couple of weeks! For now, we're approaching individuals who introduce others to the network. We're only selecting key candidates – if you believe you have what it takes to be a great Ambassador for ZIMBOCASH, check back soon to apply or introduce others and we will get hold of you.
PROJECT PLAN
We're building carefully and systematically.
Phase 1
Registration Period 1 – Q1 2019
Registration Period 2 – Q2 2019
Registration Period 3 – Q3 2019
Registration Period 4 – Q4 2019
Phase 2 – Launch Beta Initial System
Phase 3 – Launch ZIMBOCASH on an exchange
Phase 4 – Launch full ZIMBOCASH Affinity Consensus Blockchain Network
GOT QUESTIONS?
Check out our FAQ's.
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