The JogjaTron NFT project is one of the iteresting crypto projects in the country that is worth...
The Jogjatron NFT project is one of the interesting crypto projects in the country that is worth following its developments. The project was conceptualized in late 2021 and its social media emerged in March 2022, but it has not been listed yet as of the time of writing.
The public has to be patient until May 14, 2023, when the JAGO token will have its presale. JAGO token is a utility token for the Jogjatron ecosystem. Currently, JAGO tokens can be obtained through a selective private sale mechanism.
Through the NFT Jogjatron social media, it was announced that the new tokenomics can now be downloaded for the public. The new version is Tokenomics 3.1, whereas the previous version was 2.0. After being studied, there are significant changes compared to version 2. Some of the differences include a fresher design, more sentences to read, an allocation of wallet addresses for tokens, and additional information such as the transaction fee deduction for NFT music owners.
Tokenomics version 3.1 is now released!
"Yes, we created tokenomics version 3.1 to make it easier for Indonesian people to understand, so they can talk about the rules and how JAGO tokens circulate. Also, how they are connected to the white paper document that recently got updated. We are preparing roadmap version 2, where version 1 is intended for internal management," explained Bagus, Jogjatron's business team.
It is important to note that the Jogjatron developer is committed to actively taking various measures to ensure healthy growth and a comfortable feeling for JAGO token holders. The developer will also take some interventions to ensure the health of circulating supply and token scarcity, through some efforts such as burning supply and buyback.
The price of JAGO tokens when listed will be at least 20% higher than the private sale price, with a transaction fee of 3% for both buying and selling. This transaction fee is very low compared to many other crypto projects. The token supply absorption of Jago in the first semester of 2023 will be planned to be absorbed by the Jogjatron Music Owner, Jogjatron Artwork, and Jogjatron Ticket projects.
From some official Twitter accounts, Jogjatron will create a surprise project beyond the roadmap, namely Jogjatron Oleh2, a web3-based shopping platform that aims to be a pioneer in blockchain-based bartering shopping experiences.
To demonstrate the project's commitment and integrity, there is information on lock and vesting periods. Lock is the minimum time in which the relevant party cannot sell or dispose of their crypto assets. Vesting is the time required to gradually obtain crypto assets.
The developer's lock period is six months, with a vesting period of 24 months. This means that 23% of the JAGO token allocation will be obtained after six months, where the developer gets 0.9583% of the allocation every month, with 23% being divided over 24 months.
Tokenomics version 3.1 documents can be accessed publicly through the Jogjatron webpage or can be obtained through the Telegram group. The Jogjatron admin is also very responsive in answering questions, through Telegram contact @jogjatron2022, GSM, and WhatsApp 08112641112, or email hi@jogjatron.com.