Zypto TokenPrice

(ZYPTO)

Zypto is the evolution of the project formerly known as FCF Pay. Rebranded in late 2023, it has expanded from a payment gateway into a comprehensive Web3 lifestyle ecosystem. While the original focus was on crypto payments, Zypto now encompasses a multi-functional mobile app, physical and virtual debit cards, and specialized hardware security. As part of this evolution, the ecosystem migrated its primary token from the BNB Chain to Ethereum to support broader utility, governance through an independent foundation, and decentralized growth.

Unlike traditional DeFi protocols that require users to lock their assets in smart contracts, Zypto utilizes a unique 'registration' system. Users can register their tokens within the app to earn Zypto Points (ZYPs) based on ecosystem revenue. Because this system does not require staking, the tokens never leave the user's wallet, allowing them to maintain full control of their assets while still accumulating rewards. The rate of ZYP accumulation is typically determined by the specific holding tiers of the user.

Zypto Points (ZYPs) are the internal reward currency of the ecosystem. They represent tangible value within the app, where 1,000 ZYPs generally provide the equivalent of $1 USD in purchasing power. Users can utilize ZYPs for various real-world services, including generating virtual or physical debit cards, topping up mobile phone credit, paying utility bills, and purchasing hardware security devices like the Vault Key Card. This system bridges the gap between digital rewards and everyday financial utility.

The Zypto App is designed to offer flexibility by providing both non-custodial and custodial options. It includes a DeFi wallet where users retain exclusive control over their private keys, adhering to the 'not your keys, not your crypto' principle. Simultaneously, it offers a managed wallet for those seeking faster, gas-free internal transactions. For maximum interoperability, the app supports the importation of seed phrases from other standard BIP-39 decentralized wallets, allowing users to manage their existing portfolios within the Zypto interface.

Zypto provides extensive real-world utility by supporting bill payments in over 120 countries, covering utilities, mortgages, and credit cards. Through integration with global payment networks, users can also convert their digital assets into physical cash at thousands of retail locations worldwide without requiring a traditional bank account. Additionally, the ecosystem offers 'Classic' cards with streamlined verification for privacy-conscious users and 'Premium' cards with higher limits for those who complete full identity verification.

Zypto Pay provides a specialized gateway that allows businesses to accept over 100 different cryptocurrencies with 0% processing fees. To protect merchants from market volatility, the system supports automatic settlement into local fiat currencies. The solution is designed for versatility, offering support for one-time purchases as well as recurring payments and subscriptions, making it suitable for a wide range of industries including e-commerce, SaaS providers, and physical retail outlets.