We all know crypto projects are hyperinflated in their white papers and marketing today. Bitcoins recent tumble to under 7k in March 2018 has pulled the whole ALT coin market down unfairly.
We are all looking at projects that can survive the massive fall from grace. Ether is going to half, Neo already took a knee thanks to a shill on Twitter with a blog post. The crypto ecosystem is fragile today. A Banks halfway around the world farts and the crypto sheep scarper for the exits.
Looking at charts you want a project that has found it bottom and I found a few to take shelter in.
Zeepin was not on my radar other than it was a NEO partner and had a nice video. I didn't pay much attention to it. Its ICO sold out in a few hours 50 Million dollars just like that. It was listed on Kucoin a Singapore based in Hong Kong.
Zeepins premise is simple after reading the whitepaper several times and reading various articles. It's going to provide free copyright to artist, designers, creators, anyone for free by using their platform. Simple right? Ahhh no not quiet.
Just because somethings on the blockchain that doesn't mean anything. The Zeepin project was funded by the Chinese government in 2012 to find a solution for copyright theft. Zeepin failed to produce a solution to protect copyrights.
End of story really, well not quiet. In 2015 the Zeepin team discovered blockchain technology and realised it could provide immutable proof of copyright quickly with several services accepting its legitimacy. China is also a massive bureaucratic system obvious;y with 1.38 Billion people. This was the failure of Zeepin before. Dealing with massive legal office bodies in different locations and legal processes was unworkable. The solution is Blockchain as they all accept this process for filing and security. Zeepin is the official and only platform for this process on the blockchain.
What does this even mean? Who uses copyright anyway?
Copyright theft cost economies hundreds if billions in lost revenues. With China being the new superpower it does not want to lose out on being a world leader in design innovation. copyright is a huge deal as artist get ripped off all the time all over the world.
The process of getting copyright is slow legal and expensive. God forbid you make a claim you need money and lawyers up the hilt. Zeepin has an insurance fund that can challenge any infringement at no cost to you. Songwriters, comedians, illustrators, programmers, designers, artist and anything can be a digital asset its the future.
If that wasn't enough if you have an idea or design it can be checked by the Zeepin community of experts and ZeepinFunded.
Whats that?
Its crowdfunded in a word! Crowdfunded has replaced IPO and ICO, well ICO are crowdfunding.
The money gets allocated in stages, locked up until milestones are reached, this unlocked more funds for the next stage. Ever producers nightmare solved by an incentive system. Projects are then contracted on the Zeepin platform to various talent.
Whats Zeepin Talent?
Its a massive talent pool of artist, creators, manufacturers, illustrators, musicians, animators you name it. Everyone on Zeepin can be given work and paid in Zeepin coins, ZPT. The very same people who want copyright get to earn and work on Zeepin. You can have a limited run of products made on Zeepin on demand as needed and you get the royalty. No more IKEA, you can design your own products and earn from the design if it gets taken up.
Artist and creators are going to be the new lawyers and doctors as A.I automation is going to make hundreds of millions of people jobless. Sad fact but inevitable with driverless cars and A.I taking over higher I.Q jobs there is no limit to what and who can be replaced except art. Thats up for debt to trust me I know.
Yet humans are so odd and random. We really are channelling some woowoo energy in the universe in the best works of art and music and poetry.
Zeepin founder is a very mild mannered chapped called Zhu Fei. Very softly spoken and sensitive from the interviews I watched. He mentioned Martin Heidegger, The Origin of the Work of Art in a China article. The concealment of meaning in art is a large subject philosophers have been talking about forever! Suffice to say art is big business, all creativity is.
Zhu Fei was the CEO of Arting365, and Shenbi Xu was the Chief Strategy Officer of Arting365.
Arting 365 has a community of 1.2 million creators and Zeepin was designed for them in mind. Its basically a inbuilt customer base for ZeeRights, ZeeCreate, ZeeTalent Zeepin Chain
ZeeWallet March 2018, ZeeRights April 2018, ZeeRights May 2018, ZeeCreate August 2018, ZeeSure October 2018,
ZeeCrew January 2019, ZeeFund April 2019, ZeeTalent October 2019, ZeeProof December 2019
8 Dapps to start with and the community will develop many more for the community to develope and evolve itself.
The best interview of his is in Chinese with English subtitles..
There is a good informative interview by Brad Laurie with Shenbi Xu.
You probably don't care about art or philosophy so I can give you some facts. In 2013, the design economy generated £71.7bn in gross value in the UK alone. Its 2018.
"In 2013 the design economy generated £71.7bn in gross value added (GVA), equivalent to 7.2% of total GVA.In the period between 2009-2013, the design economy GVA increased by 27.9%, compared to 18.1% across the UK economy as a whole. Approximately 580,000 people are directly employed in the UK’s design industries, while a further 1 million designers work across the economy in non-design industries. This makes the design economy equivalent to the ninth biggest employer in the UK"
I think in 2013 my phone was state of the art but a bag of shit compared to modern phones! Today I can take incredible pictures in HDR, videos in 4k edit them and send them for print or publication! How big will Chinas design economy be????????? Gulp.
Consider the have energetic artist graduates in the tens of millions every year! they'll have more artist and designers than people in the UK and France combined. The scale of Zeepin began to dawn on me. I dug some more as you do.
Then comes SDChain. Who is that? good questions
SDChain and Zeepin annonced a partnership. Never heard of SDChain.They have a whitepaper on Github. I had a look. How could I not have heard of Six Domain Chain? well they aren't trying to get funding and don't care about the crypto price of its token SDA listed on DEW, CoinW and Rfinex trading at 6 cents a share! on 15th March 2018
https://github.com/SDChain/whitepaper/blob/master/SDChain_Whitepaper_EN.pdf
A project that started in 2002 and has become the ISO standard for IOTA for industrial applications across several industries. You think I put the ISO part in for effect right. WRONG. They actually are the ISO "six-domain model. The team is filled with industrial managers not young kids handing out lanyards, keychains and baseball caps for crypto kitties. Looking at the CV of the team is a days research.
I contacted SDChain for information regarding the partnership. I can't publish all the contents of the emails from various team members but this was the standout statement.
"While we do hope that SDChain will win mass adoption in Canada, in the process, we may have government-level discussions to align compliance requirements. Specific details will be released through our updates as we make progress here."
https://twitter.com/sixdomainchain
My guess is Zeepin will give SDChain access to legal services in China and SDChain will give Zeepin firepower in terms of blockchain code technology. But Wait Zeepin has NEO, Onchain, and Ontology! What is the most comprehensive IOTA blockchain doing with Zeepin again?
"Regarding our partnership with Zeepin and our specific collaboration, please do expect upcoming updates, as we make progress jointly here"
Oh God its 4.30am and I havent even discussed the virtual Galaxy system on Zeepin! Its a blockchain universe like no mans sky that will be populated by the developers and anyone that wants a IP address as a planet basically. IM, video. Wallet that lot! They just airdropped a Billion coins for free to all the Zeepin holders on Wallets and exchanges! I'm not even kidding. Zeepins price is below the ICO price! yes it ICO p[rice was 13 cents with a 30% bonus and its sitting at 9 cents which is the bottom. the market cap is 25 million with 500 million coins in circulation. You do the maths.
https://medium.com/@zeepin/zeepin-chain-shakes-up-global-creative-industry-abb8039370f7
If you want me to do reserach on other crypto projects send me a message and I'll deep search it.