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.
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:
Introducing JumpOffers: A First Step Towards JumpTask Marketplace Phase
JumpTask is launching JumpOffers and gets closer to its second phase of the project — the Marketplace.
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.
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.
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:
What drives crypto and other markets? The Market Cycle
Increasing investment returns is possible when you understand how markets work. What is there to learn?
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.