Zapper Net Worth 2023

Video games, DVDs, and books are excellent entertainment options. But what happens after you’ve finished with them? Zapper net worth will be valued at £3 million in 2023. You may make money out of your old rubbish by using Zapper.co.uk. To determine the value of the things and to sell them, simply scan their barcodes. Theo Paphitis gave founder Ben Hardyment the largest investment in Dragons’ Den.

Zapper is a social Web3 explorer that lets users follow and keep track of other people’s blockchain journeys in NFTs, DeFi, and DAOs in one location.

Its interface allows users to manage their DeFi assets, liabilities, and information. Zapper’s goal is to boost DeFi’s GDP by facilitating chances for small-scale investors, fund managers, and global developers worldwide.

This article will examine the 2023 net worth of Zapper. To find out how he made his money, we’ll look at his earnings, remuneration, method, and investors. If you’re a fan of Zapper or are just interested in his success, this article is for you.

Zapper Net Worth

Back in 2009, no one could have predicted the explosive growth of online services, especially those that allowed you to make money. However, the creator of Zapper, Ben Hardyment, did, and in 2012, he presented his concept to the Dragons’ Den panel. Zapper net worth is currently valued at £2.5 million.

According to Real Business, he requested £250,000 in exchange for a 7.5% ownership and has since pushed the business to new heights, creating a net worth of more than $3 million.

In 2019, a hackathon gave birth to Zapper.fi, which was formed by combining DeFi Zap and DeFi Snap. The people of MetaCartel contributed to Zapper. Today, Zapper is still in operation. You may examine Owler’s expected yearly revenue, which is $2 million.

With Zapper, users can perform the following:

• Assess and follow wallets
• Bundle different wallets
• Swap and bridge
• Discover opportunities in NFTs with the platform’s estimated value and rarity score algorithm
• Connect to brands that their users make use of in DeFi and leverage them
• Analyze user behavior to decide which integrations to implement, then integrate them into their websites, emails, or apps
• Explore DAOs’ treasuries and members’
• Access opportunities in DeFi by browsing protocols plus the positions they provide.

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Zapper Platform

The DeFi product is non-custodial but is not a protocol and cannot be decentralized. DeFi users can now access and exit liquidity pools on UniSwap, Curve Finance, and Balancer thanks to this key addition. Users can use the portfolio analytics tool and zap in and out of liquidity pools simultaneously.

Every address is tracked by Zapper, and its activity is divided into six categories on the dashboard: holdings in wallets, deposits, yield farming, investments, and loans. The DeFi platforms Uniswap, Aave, Compound, dYdX, and Synthetix are used to distribute the assets. According to the site, there is a breakdown of asset allocation vs. where the assets are.

The liquidity component of Zapper combines several pooling opportunities, enabling users to obtain liquidity in order to earn fees, incentives, and voting rights. Additionally, it transforms ERC-20 or Ethereum tokens into the necessary tokens for each pool.

Users don’t need to adjust their holdings in advance as a result. Users can withdraw funds, claim rewards, unstake, and add additional liquidity inside the platform by using the current investments that are displayed on the dashboard.

Users can explore their asset allocation across various DeFI applications using Zapper’s Explore feature, and the data they see depends on the DApp they choose. Users will be able to evaluate their collateral, synth debt, ratio, etc. with Synthentix, for example.

In addition to the Mintr information for staking and the anticipated weekly staking incentives, they will also have their Synths with balances and ratios. Additionally, it displays related data for other platforms.

About the Zapper Founders

Ben Hardyment, a London native, graduated from the University of Warwick with a bachelor’s degree in English and American literature. He also pursued a screenplay degree at the University of Southern California. Ben’s first position was as director of Urban Eye Films, a company that made documentaries and commercials.

Later, he established Webflix.co.uk which was the country’s first website for renting DVDs, and he later sold it to a rival for over $100K. Mat White, Ben’s business partner behind the scenes, was the tech expert even though Ben was selling the product.

Zapper Process

A user connects their wallet to Zapper first. They can examine their assets, including their wallet balance, investments, income mining, deposits, debts, and mobile capital pools, using the dashboard. They can view the amount of money in the various categories or DEFI platforms by browsing their portfolio.

A user can go to Invest, select the desired pool, and click Add Liquidity to the pool. Slip and petrol fees can be established by users. They can store ETH, which will allocate approximately two coins to the pool without currency conversion. The user then clicks confirm after paying the gas fee and confirming the transaction to spend ETH from their wallet.

Users can find instructions on how to assign funds under the Explore section. An AMM redemption-based feature was added by Zapper. The platform trades with Uniswap or Balancer. Users can choose the loop to exchange it in the Exchange area. They can approve and confirm the transaction in their wallet after entering the amount.

HOW IT WORKS IS:

• You download the Zapper app onto your SmartPhone
• Use it to scan the barcodes of your books, CDs, DVDs, and more
• The site will then give you the value of the item
• You can sell your items on the site and get cash for them

Founding the Company: Zapper

Hardyment found that there was no shortage of people looking to get rid of books, DVDs, and video games after eight years of developing internet enterprises. Ben and Mat collaborated to create a website that enables people to scan existing barcodes on objects to get a cash appraisal. They can recycle or refurbish the item if it has no resale value.

Ben created Zapper in 2007 and invested £50,000 to get the company off the ground. Additionally, he raised a total of £50,000 from three investors, who each received 10% equity. Zapper was making £150,000 before joining the show but had limited financial flow.

Dragons’ Den Appearance in Zapper

In 2012, Ben appeared in Dragons’ Den series 10 in an effort to acquire funds to upgrade their internet platform. In order to request £250,000 in exchange for a 7.5% stock stake, Ben Hardyment dressed up. The businessman presented the panel with a distinctive company model. The Dragons took issue with the fact that he distributed shares to other investors at a cheaper price, though.

Theo Paphitis remained silent until he expressed interest in the startup, at which point he made an offer of £250,000 for a 30% stake. The two agreed to the deal after Ben phoned Mat for assistance in making a decision on stage.

Zapper After Dragons’ Den

Zapper received the largest investment from a Dragon despite not making the best pitch in the Den. Unfortunately, after the show, the deal with Theo was never finalized. Deals frequently fall through during the due diligence phase, and entrepreneurs may have a change of heart.

Ben departed the company in 2015 to concentrate on new endeavors. He established Catalyst-Protocol, which was working to develop into a “decentralized digital content version of eBay” using blockchain technology. He is currently the CEO of Gameroo, a marketplace where consumers can buy and sell used console games, CDs, books, and collectibles.

Conclusion

Therefore, all you need to do is scan barcodes with Zapper to find out how much your items are worth. You never know, you may have something of value laying about your home. You may be sure that Zapper will give you cash for goods you no longer want because it has a lot of great Trustpilot evaluations.

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