Nov 4, 2022
JumpTask Monthly Update #6: October Highlights
New earning opportunities are here. The JumpTask team releases its 6th monthly publication of the company’s achievements and statistics.
October 2022 involved staking challenges, a $JMPT giveaway contest, and the long-anticipated launch of JumpTask branded tasks: JumpOffers.
Let’s check what else made October special!
4 Key Highlights
1. Staking Challenge Launch
JumpTask introduced a staking challenge for its community in October, where people have a chance to get a +50% APR staking boost.
Here’s how it works:
JumpTask staking pools have to reach the following targets:
- Starter: 70,000 tokens
- Gainer: 55,000 tokens
- Pro: 180,000 tokens
As soon as the milestones are reached, $JMPT holders will receive a special 50% staking APR boost!
Gainer and Pro staking pools were also extended: $JMPT investors will continue to benefit from higher APRs.
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2. 1,500 $JMPT Windrop
The JumpTask hosts monthly and weekly $JMPT giveaways every month. JumpTask members shared a prize pool of 1,500 JumpTokens (or approximately $4,350) in October.
November just might be your month: enter the latest Windrop here! Don’t miss out on the Week 1 challenge, as it boosts your winning chances:
3. JumpOffers Launch
JumpTask released a new earning opportunity in its Offerwall tasks: JumpOffers! Currently these are with two partners: Honeygain and Wizardia, the Play-to-Earn app. More opportunities to earn with JumpOffers are coming in the near future.
You can learn more about JumpOffers in our previous article:
4. +50% Earning Bonus
Offerwalls, Surveys, and Games — earnings for these tasks are boosted by +50%! JumpTask members can enjoy bigger rewards while completing offers, solving surveys, or playing the latest games.
Key Statistics
JumpTask showed strong performance during the month. 180K+ new members joined JumpTask during the month, taking the total user base to 1.55M+.
The $JMPT price dipped slightly to $2.53. However, that is expected in the cryptocurrency market, especially in the current turbulent economic conditions.
Platform Development and Other Activities
The JumpTask team worked on many fronts during October:
- Upgraded Website. JumpTask developers and designers continued to work on the new website, which will be released soon.
- CEX Listing. The JumpTask team is communicating with CEXs to get $JMPT listed, which remains JumpTask’s main goal.
- New Payout Options. The team is planning to introduce other ways to collect payouts — more information coming soon.
- New Staking Pools. JumpTask is also starting development of new staking pools, which will bring further benefits to $JMPT holders.
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Crypto Market Overview
Tough economic conditions are putting pressure on the markets, including cryptocurrencies. As inflation remains a problem, central banks are raising interest rates. Both of these factors make it difficult for people to pay the bills, borrow, and invest. As a result, cryptocurrency prices are not displaying exponential growth similar to 2021.
However, this situation will not last forever. Economies worldwide are going through the market cycles all the time: markets experience both growth and contraction periods. If you want to learn more, check our previous article:
Upcoming Updates
JumpTask is preparing to introduce more offers in its Offerwalls, JumpOffers lists. These will bring two things:
- Higher number of earning possibilities, which attracts more users to the platform;
- Increased country coverage, which enables more people to access micro-tasks worldwide.
JumpTask continues to deliver new milestones, earning opportunities, and community events. The rest of the Q4 of 2022 will be no different: JumpTask will follow its business plan to provide value to freelancers and investors.
