JumpToken

JumpToken

JMPT
$1.98%0.52

Key Metrics

Price$1.98
Real Volume (24H)$36,412.19
Marketcap$3,753,679.49
Fully Diluted ValuationN/A
ATH$2.94
ATH Date10/11/2022, 3:12:26 PM
ATL$1.69
ATL Date5/18/2022, 6:18:17 AM
Circulating Supply1.9M
Total Supply100M
WebsiteN/A
WhitepaperN/A
Popularity Rank1264
Chart
What is JumpToken?

JumpToken (JMPT) is a primary utility token or cryptocurrency that powers the JumpTask platform. JumpTask is a DeFi (decentralized finance) platform that seeks to optimize the gig economy in the crypto world. The platform envisions decentralizing the gig economy by using blockchain technology. The gig economy is a growing segment that hires workers for short-term projects. Although cryptocurrencies are becoming more mainstream, there are still many barriers to entry, such as lack of knowledge and fear of taking risks. JumpToken aims to overcome these barriers by supporting inexperienced users in starting their crypto journey.

JumpTask works by connecting potential crypto users with skilled gig workers. The platform provides beginners with relevant crypto information and encourages users to earn cryptocurrencies by completing simple gigs and microtasks that require minimal specialization or skills. The platform aims to make the crypto market more accessible and scalable.

JumpTask also aims to connect companies and organizations with a worldwide workforce. The platform encourages businesses to rely on crowdsourcing instead of hiring teams for big projects. JumpTask enables companies to split a project into multiple microtasks and outsource the gigs to workers across the globe. Crowdsourcing is a cost-effective way to tap into a global pool of talent and allows remote workers to earn without committing to a specific project for the long term.

JumpToken or JMPT is the official digital currency of JumpTask. The token is built on an open-source Binance Smart Chain to ensure secure and efficient transactions on the platform. JMPT tokens function as the only means of payout, enabling users to earn JMPT by completing microtasks. Partners must acquire JMPT to post microtasks and compensate users for completing the tasks. By earning additional revenues in JMPT, users can store and trade crypto-tokens for higher returns without risking their pooled funds. JumpTask aims to maximize the utilization of JMPT among users and businesses to ensure higher liquidity of the token. The platform reserves 2 percent of the total JumpToken circulation in liquidity pools to facilitate seamless trading of crypto assets.

Juozapas M. Preiksa and Justas Vasiliauskas founded JumpTask in January 2022. The official JumpTask token, or JMPT, was released in the first quarter of 2022. The total fixed supply of JMPT tokens is one hundred million.

In conclusion, JumpToken and the JumpTask platform aim to make the crypto market more accessible and scalable for inexperienced users and businesses. The platform connects potential crypto users with skilled gig workers and enables businesses to tap into a global pool of talent through crowdsourcing. By earning JMPT, users can store and trade crypto-tokens for higher returns without risking their pooled funds. The platform reserves 2 percent of the total JumpToken circulation in liquidity pools to facilitate seamless trading of crypto assets. With its innovative approach, JumpToken has the potential to disrupt the gig economy and make it more decentralized.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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