JumoneyPrice

(JUM)

Jumoney (JUM) is a "life-friendly fitness platform" that integrates Web3 elements, including its "Pocket Gym" service platform and "Pocket Gym KREW" NFT project. It aims to motivate users to maintain health through daily activities. The project addresses the challenge of sustained fitness motivation by rewarding users with "Kcal points" for completing activity goals, or "Quests." These Kcal points can then be exchanged for blockchain-based JUM tokens. This creates a hybrid ecosystem where points and tokens are interchangeable and usable both online and offline, fostering a healthier lifestyle through tangible, verifiable rewards.

Jumoney utilizes blockchain technology to facilitate a decentralized system for its tokens and points, ensuring transparency and immutability. All JUM transaction data is stored on a blockchain network. This design supports a unique mechanism where Kcal points exchanged for JUM are incinerated, and new points are created when JUM is converted back to Kcal points. Blockchain underpins the token's utility, enabling JUM to be used for purchasing Quests, in-app content, and affiliate products/services within the ecosystem. This decentralized framework is crucial for maintaining the integrity and security of the reward system.

JUM is a utility token within the Jumoney ecosystem, primarily used for exchanging with in-app Kcal points, converting Kcal points back into JUM, purchasing Quests and various content within the app, and acquiring affiliate products or services (e.g., sportswear, offline fitness benefits). The total supply of JUM tokens is 5 billion. Key allocations include 35% for Quest to Earn rewards, 15% for project development and operation, 15% for the team, 10% for partners, 10% for the ecosystem, and 10% for marketing. Pre-sale accounts for 4.544%, and Initial Exchange Offering for 0.456%.

The Jumoney (JUM) token was initially created in October 2023 and primarily operates on the Klaytn mainnet. This provides the foundational blockchain infrastructure for all JUM token transactions and smart contract functionalities within the Jumoney ecosystem, leveraging Klaytn's capabilities for efficiency and scalability.

The founder of the Jumoney project is Ray Yoon. He brings significant expertise and experience to the project, with an impressive 20-year background as a fitness and healthcare professional. His extensive career includes working with the globally recognized sports brand, Reebok, which provides a strong foundation and deep understanding of the fitness industry to lead Jumoney's vision and development.

To ensure the security and integrity of the project, the JUM Token has undergone an independent audit. Specifically, the audit was conducted by Slowmist, a reputable blockchain security firm. This external review helps to identify and mitigate potential vulnerabilities within the token's smart contracts and overall project architecture, providing a crucial layer of trust and reliability for users and participants within the Jumoney ecosystem.