Total Registrations & Our Next Roadshow
The events are free but you’ll need to register. Click on the links below for your city. We are still finalising venues for some cities but will keep you posted if you have registered:
We have received much feedback from our Ambassadors and others requesting to know where we are in the sign-up process, and what the exact roll-out steps are currently.
Here is our sign-up graph – which is spiking nicely. We currently have signups, and are growing between 50 and 200 a day (depending on the day, we have a fair amount of volatility each day, taking into account electricity access in the country, network access and a host of unknown factors!)
We have analysed our data and, on an exponential graph which is used to see whether take-up is going viral. The graph has been on a clear multiplier trajectory. That means, in simple words, that the we’re doubling every couple of months.
Our goal is to get a token established. We’re looking currently at the TRON decentralised platform. After an extensive and exhaustive process, we have finalised our developers down to a list of three options.
Initial Exchange Offering
Our goal has been to list the token on an international exchange. As it turns out, there is a new approach to listing which is known as an Initial Exchange Offering. The largest exchanges in the world (which have multiple billions of dollars in trade each month) would market the token to their networks of international buyers. It’s a crazy market at the moment with the various token projects being able to raise multiple millions of dollars in a minute or less.
Our plan is to sell 10% of the tokens on one of these exchanges in order to get a listed price. Zimbabweans will then be able to sell their ZIMBOCASH on these exchanges for dollars, bitcoin and other foreign currencies once they have made six transfers to other people on the exchange.
That’s the plan.
To be truthful, we are swamped with the amount of work that it takes to get us to that place. We’re engaging with legal advisors, technology developers, architects and coders offshore and in Africa, funders, hosting providers and a host of other service providers.
Sometimes we doubt whether we can do it. And other times, we are spurred by a belief that we are changing the world starting with Zimbabwe. Our job is to translate great ideas into great execution. Throughout, it has been passion which has carried us and the team.
What about the Government
For those of you that have asked how we are going to treat the government, we will prepare another Fireside Chat with concrete details. We have had discussions with various ministers and leaders at various levels throughout the process. No-one can give us definitive clarity, but we are absolutely committed to working with the government – in a nutshell though, we are saving 10% of the tokens for the Zimbabwe government, we are saving 10% of the tokens for the Zimbabwe government and are making one third of the transaction fees available to them.The feedback has generally been very positive but no-one can give us.
Ambassador meet ups
Our Ambassador teams in the various cities in Zimbabwe have been amazing. They have each spontaneously organised ambassador meetups and handing out flyers in the streets. Here are some pictures from the past two weekends. We love our Ambassadors and honour every one of them for the role that they have been playing. We’re proud to say that we are part of the ZIMBOCASH Ambassador team.
Lastly, thank you for each of you for the role that you are playing. As we work together, Zimbabwe can become the nation that leads the world with sound money. It is a big dream. So big. And we can do it!
Don't forget that ZIMBOCASH allocations are halving at the end of September!!!
From each of us in the ZIMBOCASH core team.
Forward we go.
Dear ZIMBOCASH Family, Greetings from our team. We trust you are well. Thank you for your patience. We’ve been on a radio silence with our fireside chats for the past few months. The reason — we’ve had some changes in our team and we have been working on our ZASH...
Dear ZIMBOCASH Family We have had so much positive feedback since our presentation at the inaugural Anti-Money Laundering conference in Harare last week. Good news, we have uploaded the videos to YouTube — you can watch them here. The main talk from the ZIMBOCASH...
To our faithful ZIMBOCASH Family Big presentation coming this weekWe are excited to announce — we have been invited by the Financial Intelligence Unit (“FIU”) of Zimbabwe to present at the inaugural anti-money laundering conference on the 13th and 14th October 2022....
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Dear ZIMBOCASH family About a month ago, the US dollar became legal tender in Zimbabwe, as part of the adoption of a multi-currency regime. But the US dollar is not the solution to Zimbabwe’s problems. Here is why. Brace yourself, this is a longer article. We need to...
Dear ZIMBOCASH family Zimbabwe is in a state of major economic turmoil right now. It dovetails with an important announcement from us for our community. The state of ZimbabweThe Zimbabwe dollar is depreciating rapidly as a medium of exchange and the government is...
Dear ZIMBOCASH family, As we write this, Zimbabwe is entering hyperinflation again. When we went live with our ZASH vendor program the price of bread was Z$ 115, today the price is over Z$ 900. That is almost nine times the price it was two months ago. It is not just...
Dear ZIMBOCASH Family Just over a month ago, we announced an exciting collaboration with ZiTenga to provide stores with a cash-out facility for ZASH purchases. Supermarket accepting ZASH As part of this, on the 11th of April, PW Trading, a supermarket in Njube in...
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