ZAP is an ERC20 token that serves as currency on Zap’s ecosystem. In order to create an oracle or make queries for data, both providers and subscribers must bond their ZAP, locking it up in an individual oracle. Zap’s objecve is to be disrupve, driving change in a wide range of global industries, including finance, insurance, real estate, and shipping. Zap will also find applicaons in dynamic new distributed applicaon protocols, providing new monezaon opportunies for individuals and emerging economies. Zap is well-posioned to be the premier provider of data for smart contracts, and stands to potenally moneze any device linked to the Internet of Things (IoT).
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