Dubai Fintech Summit visitors, come say hello at booth B23.

Zeebu’s Christmas Update: $5B Settlements, Multichain Expansion, and Protocol Success

POSTED BY :

Zeebu

DAte :

December 26, 2024

Zeebu’s Christmas Update: $5B Settlements, Multichain Expansion, and Protocol Success

Hello Zeebu Fam,  

Merry Christmas!

We launched Zeebu last year with the mission to revolutionize payment settlements. We started with telecom companies and wanted other industries to take advantage of our one-of-a-kind payment settlement system.  

When we ventured to transform the telecom carriers' settlements, we realized one thing—they were anything but streamlined.  

For years, telecom companies have struggled with outdated systems that cause payment delays, unpredictable costs due to currency fluctuations, high fees for international transactions, and a lack of transparency that makes settlements complicated and error prone.

These issues slow down progress and strain already tight profit margins. To keep pace with modern demands, the industry needs innovative solutions like blockchain technology, which can simplify processes, reduce costs, and bring much-needed transparency to telecom operations.

And, this is how Zeebu was born. We recognized this pain point and developed a solution to revolutionize cross-border settlements for telecommunications companies.

Our cross-border settlement system enables these companies to settle transactions of almost any value within 10 minutes, to any country, and with any counterparty. The best part? They can also instantly access the funds.

When we started Zeebu in July 2023, we gave ourselves a target of $2M in settlements. Now, a year later, we have $4.9 billion in total settlement volume with 136 active institutions and over 92,650 invoices settled, powered by 1.34 billion ZBU tokens.  

Building on our momentum from last Christmas, we’re excited to reflect on the impact we’ve made since then and share a glimpse of our latest achievements. Join us as we take you through the journey of growth, innovation, and celebration.

Our Initial Legwork

When we were celebrating Christmas last year, we had settled 6153+ invoices and $512 million in transaction volume, making meaningful connections at the leading web3 events like World Blockchain Summit 2023 and the Australian Crypto Convention 2023.  

Our native token ZBU was listed on leading crypto exchanges and tracking sites like Gate.io, BitMart, MEXC, LBANK, CoinGecko, CoinMarketCap, CoinDCX and BitForex.

We were operating on Ethereum and Binance Smart Chain. We also published our comprehensive Whitepaper, detailing our innovative approach and vision for revolutionizing telecom transactions leveraging blockchain technology. The release marked a significant step in our journey, laying out the roadmap for our Web3 settlement platform and the liquidity protocol for the telecom carrier sector.  

Along with that, we made key partnerships with telecom industry leaders like BBT Voice Limited, Broadband Telecom Inc., BridgeVoice Inc., and Slovenia’s Novatel, taking our vision to revolutionize B2B settlements to next level.  

Zeebu Multichain Milestone

Fast forward to now, when we celebrate Christmas 2024, we’re now operating on Base Chain along with Ethereum and Binance Smart Chain and listed on Coin DCX, CoinBX, Bitget, and Biconomy.  

By leveraging Ethereum's robust ecosystem, Binance Smart Chain's cost-efficient and fast transaction capabilities, and Base Chain's optimized scalability and performance, Zeebu ensures a flexible, seamless, and interoperable experience for its users.  

Zeebu x Magna

We are excited to partner with Magna, a token management platform designed to streamline the tracking and distribution of cryptocurrency tokens for blockchain protocols.

By collaborating with Magna, we successfully dropped tokens to over 53,000 wallets on Base Chain. This partnership reflects our commitment to scaling decentralized liquidity solutions and empowering our ecosystem with cutting-edge advancements.  

As we step in 2024, we are focusing on launching more such impactful web3 campaigns to revolutionize B2B settlements and delivering value to our ever-growing global community.

ZBU Liquidity Protocol

Along with that, we also launched the much anticipated ZBU Protocol Waitlist which came to an end on November 15, 2024. The airdrop rewards were auto dropped to the early participants till 15 December 2024.

Founder Views

Now that you know our numbers, let’s talk about our founders and their views about Web3. While Keshav Pandya shared his thoughts on Web3’s contribution in enterprise transformation, Raghav spoke to industry stalwarts including Carlos Domingo, Crypto Megan, and Natalia Karayaneva Raj did a podcast with Mike Grantis and many other industry leaders.

We couldn’t have come this far without your support.  

Thank you for being a part of our journey.  

Join the ZBU Protocol and be a part of the decentralized future.  

Once again, Merry Christmas!