Last Thursday, October 11, marked the end of the three month long JSEcoin ICO. The project managed to raise a total of 551 Ether which is approximately $110,000 and distributed 44.79M JSE Tokens. You can see the ERC20 token tracker here:
https://etherscan.io/token/0x2d184014b5658c453443aa87c8e9c4d57285620bThe token sale was under the mercy of the bear market. People have become more skeptical and relied on projects that is backed by private investors. They always look at the big names behind a project, as well as the advisers that supports them. But JSEcoin was completely low key and relied on the community for promoting their ICO.
Thus, resulted to a low turnout of the token sales.
The outcome of the ICO has a big impact on how the team will move forward. First and foremost, funding is required for any company, project or idea to come into fruition. Honestly speaking, I am not sure on how the team will manage. I for one have no clear idea on how to run a business. I still invested a portion of my crypto holdings because I believe that JSEcoin has a bright future. The concept of a web based blockchain that can be mined just by CPU is extremely appealing. And the realm of digital marketing is one of the primary targets of this project which is a billion dollar industry.
So what now?
> There is so much in store for this platform, one of which is the Ad Exchange. This will be implemented soon and could rival the likes of Google Ad Sense. This may be a long shot but the statistics show that they are headed to the right direction. More details about this here:
https://jsecoin.com/ad-exchange-development/> Another is the confirmed listing on two exchanges, namely, LATOKEN and IDEX. Deposits of JSE will be opened by October 16 at LATOKEN and trading starts on October 18. IDEX has also confirmed that trading of JSE will start on October 18 too. This opens up the possibility of earning more tokens and exposure to a global scale.
> Mass adoption via web mining and self mining. The more people mining in the platform, will help secure the chain and will also result to the increased demand of the coins.
> Online stores will start accepting JSE coins. This opens up a lot of opportunity for anyone that holds and owns the currency. There are no fees in transferring coins within the platform and transactions are confirmed right away. It will be a preferred mode of payment.
> JSEcoin Exhibiting At Web Summit Lisbon which according to Forbes Web Summit is the biggest technology conference of the year with 80,000+ attendees, 2,500+ journalists and 3 days of packed events.
Check it out here:
https://medium.com/@jsecoin/according-to-forbes-web-summit-is-the-biggest-technology-conference-of-the-year-with-80-000-6b33bc6efb15As of the moment there is still some things to be ironed out. If there will be a token burn, selling to investors, staking for rewards. These are all still in discussion and we as the members of the community has a say on this. So head over to their social media channels and give your input. In case you did not know, JSEcoin is a registered company in the UK.
Registered in England №10940920 — Dun and Bradstreet №100233913837
Website:
https://jsecoin.comTwitter:
https://twitter.com/jsecoinFacebook:
https://www.facebook.com/officialjsecoinTelegram:
https://t.me/jsetelegram