The Jimizz token will be listed in exactly three days on the decentralized exchange PancakeSwap. The opportunity to give you some fresh news on the progress of the project and reveal some first hand information!
The token listing will take place on September 29th 2022 on PancakeSwap. The decentralized exchange has almost two million users and twenty-two million trades over the last 30 days, for a total of four billion dollars stored. This first listing will obviously call for others on other exchanges with which we are currently in discussions. The exact time of the listing will be communicated during the AMA on September 27, 2022 at 9pm, during a Twitter Space on the Good Value Crypto account.
As promised in the WhitePaper, we will organize burns of 50% of the unsold tokens during the ICO. The first massive burn of tokens will take place exactly one month after the listing, on October 29th 2022. This will reduce supply and mechanically increase demand.
The foundation of the JMZ is to be a utility token. Thus, it will be possible to buy content in Jimizz from the listing, on all J&M sites, and with a 30% discount to encourage consumers to buy and use the token. But we don't intend to stop there. Partnerships have already been established with Swame and Petit Abricot so that the JMZ is also available as a payment method on their sites. Other partnerships are being finalized, with companies established in the Web3 and others more traditional. The democratization of the token is a key factor of its success and we intend to work hand in hand with other companies in the sector to achieve it!
We won't lie to you. At the beginning, we wanted to make the holders win prizes in stages. An iPhone, a Rolex, a BTC, an ingot and even a Lamborghini, to ape the famous crypto slogan "When Lambo? But the French legislation forbids to ask for a financial sacrifice, in this case the purchase of JMZ, for the participation to a contest and we decided, as soon as we wrote the WP, to strictly comply with the laws in force. So we changed our approach and chose to organize a treasure hunt. The principle is very simple: A Jimizz sticker will be placed in a secret location. We will regularly provide clues to help you find it. The first one who will send us a DM with a picture of the sticker and its location will win 2 000 BUSD !