Jetcoin Institute has now created a cryptocurrency for influencer's and their fans to have a deeper connection by being able to buy NFT's and profiting from their success and not just consuming their favorite content. This isn't only for influencer's, Jetcoin also expands it's reach into the sports, music and media industry. Jetcoin is decentralizing these industries in turn bringing more adoption of cryptocurrency as a whole to the general public.
There are millions of dollars going into the sports, music and media industry all the while the interest by the general population is increasing as well and where money and people are, large investors shall follow.
The Problems In These Industries:
There are many very talented individuals that have all it takes to be a top performer and for it to show yet not the resources to achieve this due to the difficulty and congestion using the traditional means within these industries ecosystem.
Agents are managing players financial aspect of there careers like finding endorsement deals and negotiating contracts from NBA player's down to Golf player's. While some Agents are beneficial to the player's career not all of them have good and honest intentions. There has been many incidents on various players from different sports reported loss of funds by Agents taking a larger percentage of revenue than what was originally agreed on.
There is large amounts of money going in and out of these industries yet the most important part of the reason money has even been generated being the fans have gotten no type of shares other than the content just anybody has access to.
The Solution: Jetcoin Industries & The JET Token
Jetcoin is going to find new and appealing talent from music, sports and media industries and buy a portion of the image/IP rights.
Fans can buy then NFT's from Jetcoin and will be put in position to gain JET tokens based on the performance of their Champions. Once Jetcoin partners with someone they will have a title of "Jetcoin Champion"
Jetcoin is allowing Champions to focus more on their career while also providing an income to Jetcoin holders.
By Jetcoin Institute purchasing image rights from Champions this in turn creates more income streams for said Champion and the NFT holders of the Champion's collection. Whenever a Champion acquires a endorsement deal, the cut Jetcoin Institution gets is distributed to the NFT holders based on their current holdings. All of this will in turn solidify that Jetcoin grows and surpasses expectations.
Jet NFT cards will have interactive features from text, photos and videos which can be updated and airdropped. In the future Jetcoin will host rewards upon users purchasing an NFT.
After signing with these new Champions and acquiring image/IP rights. There will be Initial Talent Offerings (ITO) where 50 - 70% of the revenue created from NFT sales will be dedicated specifically to the Champion development like branding and marketing.
These are the things Jetcoin Institute will perform. The discovery and recruiting of new Champions across the sporting, music and media industry, Acquiring a percentage of the Champion IP and image rights, once acquires Jetcoin Institute will develop and manage a mutually beneficial business relationship with the Champions, then continue on to raising the funds for marketing and branding all the while increasing the Jetcoin community by offerings and consistent engagement.
Jetcoin will also have a app called Stadia, that will be completely free to all it's users. This app will bring an optimized experience for fans while they are watching live football matches. Creating a deeper connection for fans to their Idols.
The Jetcoin Institute will have their token JET on two different networks: Ethereum and BINANCE Smart Chain
Tokenomics:
On Ethereum network there will be a total of 80 millions tokens issued half of which are burned (40 million) and of the remaining 40 million half will be locked (20 million). (ETH Contract Address: 0x8727c112c712c4a03371ac87a74dd6ab104af768)
Over on the Binance Smart Chain things are a bit different. There is 40 millions tokens issued and half of which will be burned. There will also be a 6% tax on the tokens.
- 3% Going to Liquidity for Jet Tokens
- 2% Are rewarded back to Jet Token holders
- 1% For Marketing/Promotions
(BSC Contract Address: 0xc5b43669a899c5da2a98b2bf8c9082d5e8d5ee0d)
Here are the tokenomics for Jet Tokens
- 25% Goes to Reserve
- 25% Goes to Marketing
- 15% Goes to the Team
- 12% Goes to the Liquidity Reserve for DEXes
- 10% Goes to Operations/Dev
- 5% Goes to Listing Fees
- 3% Goes to Legal/Compliance
Even with all these benefits a major one is that, fans are no longer just sitting and enjoying their favorite content they can now support and create an ecosystem around them in a major way, by letting Jetcoin know of their Idol's accomplishments. With all that Jetcoin Industries has and will accomplish, collecting some JET tokens will prove to be one of the best thing fans can do. #JETNFT
Link to Jetcoin's website to find everything you would need to know.
