ZAP Token Distribution Event to Begin October 21, 2017

New Platform Empowers Smart Contracts with Real-World Data

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Today’s smart contract development ecosystem is one where individual developers struggle to access off-chain data necessary for interacting with the world outside of the blockchain. Currently, a smart contract can only access the limited data found on its blockchain.

The Zap Project is solving one of the biggest challenges in the blockchain industry – the need for oracles that can provide smart contracts with access to off-chain data. October 21st marks the launch of the token distribution event for ZAP. ZAP tokens give holders the ability to create data feeds that can be monetized and integrated into smart contracts.

“The applications of ZAP-powered oracles are myriad,” said Nick Spanos, co-creator of the Zap Project and founder of Bitcoin Center NYC. “Decentralized derivatives, smart contracts tied to crop yield measurements, your car paying you to drive it, self-executable wills – ZAP not only makes all of this possible, it makes it easy.”

By making oracle creation simple, the Zap Project marks the next phase in mainstream adoption of smart contracts. The ZAP token distribution event will further product development and spur innovation to streamline the smart contract ecosystem.

The Zap.Store provides a platform where developers can discover existing oracles and data providers can publish new ones. With ZAP, all parties to a smart contract can agree on the source of data and have faith that the data is delivered. By leveraging competitive market dynamics to incentivize oracle creation, ZAP is a novel solution for securing data sources for the next generation of blockchain innovation.

More information on Zap Project and the token distribution event can be found at www.zap.store.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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