Section 1: ZB Token Trends
On March 1st，ZB.com announced that ihe repurchase of ZB Token (ZB) in the first quarter of 2020 is complete. In total, ZB.com has repurchased 21.3383 million ZB Tokens and the repurchased ZB tokens have been directly burned. Up to now, there are totaled 1.4213383 billion ZB tokens have been burned.
ZB Token Burn Addresses:
1. 0x8c572469f25336c7fb962b8f98c8232329343274
2. 0x0000000000000000000000000000000000000001
Notes: 172,289,000 ZB Tokens has been burned in Address 1, and 249,049,300 million ZB Tokens are permanently burned in Address 2.
Section 2: ZB.com Trends
ZB.com APP V4.1.3, the updated version of V4.0, was released on March 4. The version went online and optimized a number of important features, including the following:
- Increase multiple leverage trading display, support simultaneous trading operations of PC terminal and APP terminal.
- Access to Wechat login, a key to link ten million ZB.com users.
- Optimize the financial display page and funds transfer.
- Optimize the query such as bill, entrustment record, greatly improve the query efficiency.
- Clean up Spot trading, Leverage trading and welcome to a new start.
- The Advanced market completes its historical mission and is removed from from the platform.
- Fix user feedback problems and optimize the experience. Users can update the version according to the prompt on the page through the APP terminal.
ZB.com launched10x leverage trading on February 18, and the era of multiple leverage has begun for ZB.com, which has now opened USDT/QC trading pairs.The multiple leverage trading of ZB.com has the following advantages:
- ZB.com supports both the №1 USD stablecoin USDT and CNY stablecoin QC.
- Transaction fee free.
- Future possibilities: the multiple leverage trading will go up to 20x in the future.
Section 3: Operation Trends
- At 20:00 on March 3, ZB.com CEO Omar was invited by Millin finance to participate in the Millin overtaking plan online community AMA to discuss: which assets can outperform BTC in 2020? The live broadcast was conducted simultaneously in five communities, including Chinese, English, Korean, Russian and Bahasa Melayu. The live broadcasts was supported by community enthusiats.
2. On March 5, ChainDD hosted an AMA titled “The first shot in the battle of 2020”, ZB.com CEO Omar was invited to discuss with other guests. Discussing the advantages and disadvantages of burning platform token, Omar mentioned that the advantages of burning platform token is to reduce the amount of tokens in circulation and to form a deflation model that benefits token holders. The “disadvantage” of platform token burn is that the burn has high requirements on the operation team, such as making the team agree to give up part of the holding for the burn, and the platform should have a strong repurchase ability to continue to repurchase.
For now, ZB.com is currently the mainstream platform with the largest buyback efforts. Since the issuance of ZB, ZB.com has repurchased a total of 269 million tokens, of which 145 million ZB.com had repurchased in 2019. The amount of its circulation is 468 million by the time of the last repurchase announcement (December 7, 2019). As a result, the total number of buybacks accounted for 57% of the total circulation. According to the repurchase intensity in 2019, ZB.com can only takes 3.2 years to fully repurchase ZB Token.
3. On March 8, the official Weibo of ZB.com held the activity of “On Goddess festival, be your own queen”, followed and forwarded the activity tweet, @ the “Goddess” & “Male god” in the crypto space in your mind, from which the official Weibo of ZB.com will draw 3 lucky users to send the red envelopes, respectively with 66ZB, 33ZB and 10ZB.
4. On March 8, Millin Finance specially planned the “Gift of the queen” activity, Binance co-founder He yi, Blockchain Wonderwoman founder Wonderwoman, ZBG general manager Xiang xiang and other “goddesses”, ZB.com CEO Omar, RenrenBit founder Zhao dong, Bitcoin Era founder Huang Tianwei and other “male gods” and community enthusiasts had a warm interaction.
