According to Gopluslabs, smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.
According to Gopluslabs, smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.
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About JP
JP is designed with long-term value creation in mind. We believe that building great things right takes time, and success requires a long-term commitment from your team.
We are working with the First Japanese coin listing site "JPToken". (https://jptoken.info) As a result, 5% to 10% of JPToken's advertising expenses will be repurchased to JP every time development costs It is a mechanism that is said. It's not just a cryptocurrency. It is more than a token design.
JP is a low TAX so that anyone can easily enter. Tax 3% (Liquidity 1%, Team 1%, Marketing 1%) Advertising expenses from JPToken are returned by 5% to 10% each time. This can cover repurchases, development costs, and event costs. Sales of the matching platform can also be covered as new development costs.
What is JP?
JP represents a digital token initiative, spearheaded by a major financial institution, aimed at streamlining the settlement process for transactions between its clients. This token is anchored to the US dollar, ensuring stability in its value relative to traditional fiat currencies. It operates on a blockchain system that is permissioned, meaning that access to this blockchain network is restricted to certain participants, distinguishing it from the open and decentralized nature of networks like that of Bitcoin.
In addition to its primary function, JP is part of a broader strategy focused on long-term value creation. This approach underscores the belief that achieving significant milestones requires sustained effort and commitment. The strategy involves collaboration with a platform specializing in the listing of Japanese digital tokens, which plays a pivotal role in the financial ecosystem surrounding JP. A portion of the advertising revenue generated by this platform is allocated to the repurchase of JP tokens, thereby supporting the token's market presence and funding ongoing development and promotional activities.
The financial model for JP is designed to be accessible, with a relatively low tax rate on transactions. This model is structured to allocate a portion of transaction taxes to liquidity, team support, and marketing efforts. The unique repurchase mechanism funded by advertising revenue contributes to covering various operational expenses, including development and event hosting. Additionally, this revenue stream supports the sustainability of the platform by financing new development projects.
This approach to digital currency emphasizes a blend of innovation in digital payment solutions and strategic financial planning. It reflects an understanding of the importance of digital tokens in the evolving landscape of financial transactions, while also acknowledging the need for a structured and sustainable economic model.
How is JP secured?
JP's security framework is structured around comprehensive measures mandated by the Payment Services Act, ensuring a robust defense against potential cyber threats and unauthorized access. This legislative framework requires payment service providers to implement a multi-layered security strategy that includes basic cybersecurity protocols, safeguarding measures for customer assets, and adherence to enhanced security standards outlined in PSD2. These regulations are designed to protect both the service providers and their users from financial losses and data breaches, establishing a secure environment for digital transactions.
In addition to regulatory compliance, JP's approach to security is further reinforced by its strategic partnership with a prominent coin listing platform. This collaboration not only enhances JP's visibility within the digital currency ecosystem but also provides a financial mechanism that supports ongoing security enhancements and development projects. A portion of the advertising revenue generated through this partnership is allocated to repurchasing JP tokens, which helps in maintaining the token's value and ensuring sufficient liquidity for operational needs.
Moreover, JP's economic model is designed with a low tax structure, making it accessible to a broader audience while ensuring sustainable growth. The tax collected from transactions is strategically distributed among liquidity, team support, and marketing efforts, which includes funding for security measures and platform development. This balanced allocation of resources demonstrates JP's commitment to long-term value creation and the importance of a secure, stable foundation for its users.
It's important for potential investors to conduct thorough research and consider the security measures and regulatory compliance of any digital currency before making investment decisions. JP's adherence to stringent security standards and its strategic financial mechanisms provide a solid foundation for its long-term development and user protection.
How will JP be used?
JP, as a cryptocurrency, is structured to facilitate a variety of functions within its ecosystem, emphasizing its role in value transfer and operational efficiency. Primarily, JP is engineered to serve as a digital currency for interbank payments, particularly on the Quorum consortium blockchain. This application underscores its utility in streamlining financial transactions between banks, enhancing the speed and security of these transfers compared to traditional banking systems.
In addition to its foundational use case, JP is also intricately linked with the broader ecosystem through strategic partnerships and financial mechanisms. For instance, a collaboration with a Japanese coin listing platform involves a unique financial model where a portion of the platform's advertising expenses are allocated towards repurchasing JP. This not only supports the liquidity and market stability of JP but also aligns with its long-term value creation strategy. The repurchase mechanism is funded by a portion of the revenues generated from advertising, which in turn, supports the ongoing development and marketing of JP.
The tokenomics of JP are designed to be accessible and sustainable, featuring a low tax rate on transactions. This tax is distributed across various essential functions, including liquidity provision, team compensation, and marketing efforts. Such a structure ensures that the ecosystem remains vibrant and well-funded, while also being attractive to users due to the low entry barrier.
Moreover, the revenue generated from the sales on the associated matching platform can be reinvested into new development projects, further driving innovation and growth within the JP ecosystem. This cyclical investment strategy demonstrates a commitment to long-term development and success, ensuring that JP remains relevant and valuable to its users.
It's important for individuals to conduct thorough research and consider their financial situation before engaging with cryptocurrencies, including JP.
What key events have there been for JP?
JP, as a cryptocurrency, has not experienced any significant events directly associated with its operations or developments. This information suggests that JP's journey in the cryptocurrency landscape has been relatively steady without notable disruptions or milestones that have been publicly recognized or documented.
However, looking ahead, JP is positioned to gain visibility and engagement through its association with various cryptocurrency and blockchain-focused events. Notably, events such as IVS Crypto 2024 KYOTO, Blockchain Week, and Blockchain Expo Tokyo, alongside international events in Singapore, Thailand, Turkey, and the United Arab Emirates, present opportunities for JP to connect with the broader blockchain community. These events serve as platforms for networking, knowledge exchange, and showcasing innovations, which could be beneficial for JP's long-term strategy and visibility in the market.
JP's approach to value creation emphasizes a long-term perspective, focusing on sustainable development and growth. The collaboration with the first Japanese coin listing site, which commits to repurchasing 5% to 10% of its advertising expenses in JP, reflects a strategic move to ensure ongoing investment in JP's development and marketing efforts. This mechanism supports JP's operational costs, including development and event participation, thereby facilitating its continued presence and activity in the cryptocurrency ecosystem.
The tax structure of JP, with a low rate distributed across liquidity, team, and marketing, is designed to be accessible and appealing to potential users and investors. This approach, coupled with the financial support mechanism from advertising expenses, underscores JP's commitment to fostering a stable and growth-oriented environment for its stakeholders.
In summary, while JP has not yet marked any key events in its history, its strategic partnerships and participation in upcoming cryptocurrency and blockchain events are steps toward increasing its engagement and presence in the industry. These efforts, aligned with JP's long-term value creation philosophy, are essential components of its development strategy.
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The live JP price today is $0.000225 USD with a 24-hour trading volume of $443.36 USD. We update our JP to USD price in real-time. JP is down 0.98% in the last 24 hours. The current CoinMarketCap ranking is #5896, with a live market cap of not available. The circulating supply is not available and a max. supply of 3,000,000,000 JP coins.
If you would like to know where to buy JP at the current rate, the top cryptocurrency exchanges for trading in JP stock are currently Deepcoin, and PancakeSwap v2 (BSC). You can find others listed on our crypto exchanges page.