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In the midst of the growth of the NFT industry, a token has emerged to encompass the needs of both artistic creators and also athletic stars as well as musical performance personalities.
What is Jetcoin ($JET)
"Digital fuel that gives fans and supporters in the world of sports and entertainment a unique opportunity to benefit directly from the success of their favorite athletes and stars." - Jetcoin Whitepaper.
Created by Founder / CEO: Eric Alexandre, long time creative director with an advertising and filmmaking background (Ikon Media) whose involvement with blockchain and cryptocurrency goes back to 2014, where he transitioned from creative consultancy with Ikon Media to assisting emerging projects in the blockchain space. $JET coin was created with a strong focal point being support of emerging talents in sports and entertainment.
Eric Alexandre’s blockchain journey commenced with early stage development of the Jetcoin project, focusing on branding and outsourcing of the foundational development work of Jetcoin to various IT and Tech companies. Several versions of an MVP, marketplace and wallet app were implemented and the realisation that too many resources were used in updating security and customer service coupled with a meeting with the founder of Mintable.app: Zach Burks in 2019 lead to leveraging the site utilising a Mintable store and the METAMASK wallet as a perfect solution for the Jetcoin business model, which would leave time and native resources to focus on the creation and distribution of the $JET NFTs and support of the emerging talents.
The aim of this cryptocurrency project built around the creation of NFTs is to provide an outlet and platform for talented individuals aspiring for a career in; music, sports and entertainment media. As well as providing a platform for related projects in the aforementioned industries, which can be proposed directly to the token project or sourced via their website; hosting such talents.
$JET coin aims to provide a solution to financing these emerging talents through use of their NFT crowdfunding platform, whereby limited series editions of NFTs are created and sold on the marketplace, then the proceeds and funds are used to provide financial assistance and support to those sporting talents’ who thus become the Jetcoin Champions.
$JET / JETcoin is designed as a “digital fuel” enabling supporters and fans in the global arena of; sports and music entertainment the unique opportunity to benefit from the support of their favorite personalities and sporting athletes worldwide. This opportunity is through their creation of $JET NFTs. These individuals become directly involved with their talent’s successes upon purchase of these unique $JET NFTs; artworks and collectibles from these rising stars in their fields of either sport or musical entertainment.
“JET NFT holders will then benefit first from the collectible value of the NFT, then the unique rewards it offers (such as dedicated merch), meet and greets, tickets for events, etc. When the talent matures and he starts getting brand endorsements, a percentage of these revenues are converted into JET bought from exchanges and airdropped to JET NFT holders. JET NFTs are multimedia, interactive and their content can be updated in real time.” - Founder / CEO: Eric Alexandre via MEDIUM interview transcript. Dec 29th 2021.
So as these icons come of age and rise in their chosen career path, so does the value of their image which equates to the beneficial reward for any fans and supporters holding these $JET NFTs.
$JET coins can be obtained by either of two ways either bought from the Jetcoin platform or earned through P.O.S.E (Proof Of Social Engagement), this method is of great benefit to both the supporters and Jetcoin Champions, as it increases and personalises the online social interaction between the supporters and stars. P.O.S.E may include activities such as; liking, following and sharing the profiles of their favored personalities/Jetcoin Champions and also the purchase and trade of NFTs in their namesake/s.
A refined version of Bitcoin/cryptocurrency, with security measures in place to avoid fraudulence in sports such as match fixing, Jetcoin has been made to personalise the relationship and how fans and sporting teams interact with multimedia. $JET is a new digital coin/token issued by the Jetcoin Institute being the first cryptocurrency to become a major sponsor of a soccer club, Italian Series A’s; A.C Chieroverona.
Jetcoin allows ownership of IP (Intellectual Property) rights to rising athletes and sporting teams. Designed to be an alternative to Bitcoin; a digital currency targeting sports fans, analysts and supporters who benefit from financial rewards and more so VIP access to exclusive events and after parties in person.
Some major partners with which Jetcoin has teamed up include; Samsung Sportsflow and Pogoseat, these partnerships are already offering exclusive deals to Jetcoin hodlers, that should be game changing in the arena of sports and the musical entertainment industry.
Jetcoin’s sponsorship deal with A.C Chieroverona, is providing an excellent real world avenue for exposure, and gaining of popularity not just for Jetcoin but also cryptocurrency in general. The game changer being that it transfers to the fans and supporters (HODLers of $JET coin) “previously unchallenged control held by agents and corporations”.
During it's short number of years in existence, Jetcoin has sponsored English Football League Derby County FC, Wigan Athletic F.C., English Premier League perimeter banner advertising, two Series A football teams (A.C. Chievo Verona and Hellas Verona); also including 3 luxury yacht shows in; Singapore, Phuket and Penang Rendezvous, and three Formula One Official After-Parties in Singapore. Definitely a token project to watch with the achievement of becoming sleeve sponsor for prominent UK football team; Huddersfield Town FC in this year 2022's FA Cup, which leads to exciting times ahead for Jetcoin and cryptocurrency by means of mass adoption and global reach.
In December of 2021 $JET coin went live on the Rinkeby Testnet with $Jet NFTs, allowing partners and supporters to view the the NFTs and room for adjustment before deployment live to the mainnet. With a goal to not be limited to sports entertainment alone, Jetcoin is also creating an avenue for music and entertainment personalities management with the same idea of handing control of earnings back to the talent through use of JET NFTs.
$JET coin’s store is live on Mintable.app where numerous limited edition NFTs from previous club partnerships are available for purchase, and the $JET token is available on both the ETH network as ERC20 token and BINANCE Smart Chain as a BSC20.
$JET Token Info.
$JET token info is live on Coin Marketcap and available via ETH mainnet and BSC.
Smart contract address for ERC20 is found here;
0x8727c112c712c4a03371ac87a74dd6ab104af768
The ERC20 token has a total issuance of 80M tokens with 40M burn and 20M locked.
Smart contract address for BSC is found here;
0xc5b43669a899c5da2a98b2bf8c9082d5e8d5ee0d
The BSC token has a total issuance of 40M tokens with 20M locked.
Coinmarketcap (as of time of this writing 17:35pm MNL Standard Time)
https://coinmarketcap.com/currencies/jetcoin/
More about the Jetcoin project can be learned here;
Interview transcript with CEO/Founder Eric Alexandre via Medium
https://jetcoins.medium.com/?p=e333c95ea8b6
The Jetcoin Litepaper;
https://jetcoin.io/wp-content/uploads/2021/12/Litepaper.pdf
The Jetcoin Whitepaper;
https://jetcoin.io/wp-content/uploads/2020/04/WhitePaperJetcoin-compressed.pdf
Jetcoin Official Channels
https://jetcoin.io/
https://twitter.com/JTCinstitute
Telegram: https://telegram.me/joinchat/ERrH8w3gjAsfmdCrgjGCOQ
Medium: https://jetcoins.medium.com/
YouTube: https://www.youtube.com/channel/UCGDlUZ10qHQ8Te8IpZkLLGQ
References;
Interview transcript with CEO/Founder Eric Alexandre via Medium
https://jetcoins.medium.com/?p=e333c95ea8b6
The Jetcoin Litepaper;
https://jetcoin.io/wp-content/uploads/2021/12/Litepaper.pdf
The Jetcoin Whitepaper;
https://jetcoin.io/wp-content/uploads/2020/04/WhitePaperJetcoin-compressed.pdf
Article regarding sponsorships and partners via Globalnewswire.com;
https://www.globenewswire.com/news-release/2021/12/20/2355258/0/en/Jetcoin-Sponsors-Sleeve-of-Emirates-FA-Cup-Game-with-Huddersfield-Town-alongside-Digital-Partnership-for-2021-2022-Season.html
Article on Jetcoin and it’s involvement in Sports Entertainment via Sporttechie.com;
https://www.sporttechie.com/jetcoin-crypto-currencies-and-the-sports-entertainment-landscape/
Written and published by Richard Donovan as DefiSciple of realitymeetsdreams multimedia solutions published to PUBLISH0X as part of #JETNFT Jetcoin writing contest January 9th, 2022
