Motivation although difficult to quantify is considered to be the single largest factor in developer productivity. There are suggestions that low motivation has been implicated in software development project failure; findings also revealed that motivation of software development teams have a positive impact on the productivity and the quality of developers’ quality of work. However, many employers in software development companies fail to understand the significance of employee motivation in accomplishing the vision and mission of their organization, and even when they do, they lack the skill and knowledge to provide a work environment that fosters employee motivation. In software development life cycle, using a process that creates both intrinsic and extrinsic motivation benefits both team members and the company itself. Equity theory suggests that managers promote high levels of motivation by ensuring that employees believe in their own outcome, this gives a sense of achievement and responsibility to the employee, other factors include but not limited to creating a non hostile work environment and good remuneration of workers. When software developers can directly benefit and make profit from the products they are developing for their firms, there will definitely be enhancement of motivation on the part of the employee. Unfortunately, this mode of motivation is not common in the world of today. However, a consulting and software development company named ZANFAU has introduced a cryptocurrency, ZAN COIN for the enhancement of employee motivation especially in the software development life cycle.
ZAN CRYPTOCURRENCY
Zanfau aims to move the software developing life cycle (SDLC) to an entirely new level and they intend to achieve with the use of blockchain technology and a cryptocurrency named ZAN coin. It is believed that ZAN coin will facilitate success by serving as a means of rewarding its freelance developers thereby contributing to their productiveness.
BENEFITS
· Developing of ZAN Coin would benefit immensely from it as 50% of the entire supply would be shared amongst them, this serves as a form motivation on their part and encourage them to work on development of better products.
· A certain percentage of the entire supply -20% goes to investors who are interested in making profits with the ZAN Coin. They would benefit by receiving dividends as soon as payment for a project comes through
· When Zanfau company runs out of ZAN, they buy back coins from anyone willing to sell on the open market, by so doing, there is a guarantee of an increase in price of ZAN as at every point, demand will be available either by Zanfau or by investors. The buy-back option is a distinct feature of ZAN Coin and it is a way to keep the coin circulating and to protect its growth
· Dividend benefits: At the end of every sale, 505 of entire profit made goes to Zanfau, while 50% goes to holders i.e investors and developers.
ZAN COIN INFORMATION
Coin Ticker: ZAN
Type: ERC-20 (Based on Ethereum blockchain)
Maximum Supply: 17,148,385
Pre Sale: 15th– 22nd May 2018 (1 ETH= 1500 ZAN)
ICO Round 1: 5th-12th June 2018 (1 ETH= 1200 ZAN)
ICO Round 2: 1st-8th July 2018 (1 ETH= 900 ZAN)
for more information about this project kindly visit the links below and never run out of update
As writting by: Vin22
profile url: https://bitcointalk.org/index.php?action=profile;u=1751889
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