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ZelaaPayAE (ZPAE) is now listed on CoinDCX Pro

We are pleased to announce the listing of the new digital asset ZelaaPayAE (ZPAE) in our USDT market on October 23, 2020. Trading will go live on October 23, 2020, 6.00 pm IST ( 2:30 pm CEST).

Introduction

With the rise in usability and easier accessibility of capital,  the rise of transactional utilities through tokens have become one of the most talked-about phenomena of the cryptographic realm. Not only are these technological advancements simplifying business processes and transactions, but these are also leading to a secured and a fundamental way in which individuals can liquidate these utility or security tokens at a later date. 

ZelaaPayAE has created a product where its utility token, ZPAE has been designed to process fiat-to-crypto transactions in the UAE through a consortium of merchants that have a high volume of daily transactions i.e. you can transfer Emirati dirham (AED) – and in the future other fiat currencies as well – with a single click or invest your assets in ZPAE to benefit from the targeted growth of the platform. 

What has ZelaaPayAE got to offer?

As mentioned in its white paper, ZelaaPayAE has created a platform that provides multiple features that can be used by several parties on a regular basis.
The features include – 

Moreover, ZPAE not only has its presence or working in Dubai but also in other Emirates like Sharjah, Abu Dhabi, Ras Al Khaimah and more. ZelaaPayAE’s mission is to transform the spending patterns of people all over and to deliver a sustainable ecosystem powered by the blockchain. 

Why ZPAE?

The entire Gulf comprises of an estimated 54 million people and a cumulative net worth of $3 trillion and more. Since most of this wealth is handled in an old school way, there is vast potential for people to move from old school to an ecosystem that is powered by blockchain.
Digitising the assets in a decentralized manner is the best way to stay in control of your funds while also reducing the amount of effort and the extra transaction fees needed while making any purchases. From offering the crypto-centric debit card to easy solutions for converting your fiat to cryptos, ZPAE has got the idea and the funds to pull it off. 

Team of ZelaaPayAE

The Founder/CEO of ZelaaPayAE, Sahil Arora, has got an experience of managing businesses ranging from financial technologies to handling media ventures and then scaling blockchain-powered hardware and software businesses. He is a Peter Thiel Foundation 2016 Participant and a Draper University Alumni.
ZelaaPayAE is currently backed by Lead Ventures with the support from several personalities like Floyd Mayweather (Boxing Champion) and Akon (Pop Icon).

Token Economics

ZelaaPayAE will add 130 million ZPAE tokens to its previous token supply of 230 million tokens, bringing the total supply to 360,000,000 ZPAE.
These new tokens will be majorly minted for allocation towards their DeFi system locked OTC deals with institutions and towards growth partnerships with prominent and widely known major exchanges that will list ZPAE. 
As on October 22, 2020, ZPAE currently sells at $0.001733 with a circulating supply 262,609,722 ZPAE tokens and a market capitalization of $455,039.

To know more about ZelaaPayAE

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