Top 7 Highlights: JumpTask AMA, November 2022
Last week, JumpTask’s CEO and cofounder Juozapas M. Preikša delivered a live Ask-Me-Anything (AMA) session to address the growing communities of Discord and Telegram.
In case you missed it, here are the top 7 questions from the session to get you up to speed.
| Q1: Will the $JMPT be listed on other exchanges like KuCoin, Binance, or BitMart?
Yes, of course. We are in the final stages with a few Tier 1 and Tier 2 exchanges. However, given the current crypto market sentiment, JumpTask is monitoring market conditions to ensure all details of future listings are taken care of.
| Q2: How is this FTX/FTT situation affecting $JMPT?
There is no direct effect because we had no exposure to FTX. Indirectly — yes, as $JMPT dipped slightly. However, JumpTask has solid tokenomics, and you can see that even though the market is going down, $JMPT dropped only by a single digit. In contrast, other tokens experienced more significant drops in value.
Overall — FTX brought FUD (Fear, uncertainty, and distrust) to the crypto market, and naturally, the general audience use crypto less and invests less. But crypto and JumpTask are not going anywhere: we’ll have a better ecosystem at the end of the day.
| Q3: Could you explain more about tokenomics and how you deal with big price drops?
The thing is that most $JMPT holders have relatively small amounts of tokens, as opposed to large crypto ‘whales.’ However, a few investors are holding more significant amounts. The recent $JMPT price dip happened because a large holder sold.
However, as most people are small token holders, these price swings are expected to be rare and temporary before the $JMPT price recovers.
Curious to learn more? Watch the full AMA here:
| Q4: Will you do more in the NFT world?
Yes, we have plans to implement NFTs as rewards for active users. We’ll tell you more as we reach the planning stage for that. At the moment, we are focusing on our primary business model to deliver micro-tasks to platform users.
| Q5: Any update about the Referral Program?
Referrals are right around the corner — we will launch a v1.0 right before Christmas. The v1.0 referral link will have a certain bonus for the first task a user completes, and we will be testing this with a limited number of people.
In Q1 2023, we will launch this to all users, and by Q2 2023 we will have multiple referral offers and bonuses for both the referrer and the referee.
| Q6: We know JumpTask is working on the Marketplace phase. Any progress?
JumpOffers were recently launched as part of the Offerwalls earning type. It’s the first step toward the Marketplace phase. Once the self-service dashboard is developed, more companies will be able to set up their tasks in JumpOffer Marketplace.
Discover how you can earn money with JumpOffers here:
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.
| Q7: Please share more information about the Total supply and how it will be released without causing a price crash. What are your plans? Burn $JMPT?
That’s understandable; given the current market situation, it is necessary to ask more relevant questions.
The $JMPT supply has a vesting period of 4 years, and the tokens will be released gradually. We are exploring possibilities of burning $JMPT; however, this is currently at the brainstorming stage.
Nevertheless, crypto market fluctuations are very common, just like in any asset class. This should encourage crypto investors to find good investment opportunities while the asset prices are at a discount.
Make sure to attend the next AMA to get the important news first. All November AMA attendants received digital collectibles: POAPs, which are special NFTs given to everyone participating.
In the meantime, don’t miss out on November’s Windrop contest. The prize pool is 1,000 $JMPT, and you can still join until November 30. Check it out here!
Windrop November 2022 | jumptask.io
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