Innovations and new projects never end in the crypto world and blockchain technology! One of the most talked about and remarkable projects lately is JEDSTAR and its crypto asset JED Token!
The question of what is JEDSTAR about JEDSTAR, which emerged quite ambitious and attracted attention in a short time, has already started to be asked a lot. In addition, the number of people who are wondering what the local token unit JED Token is, how and where to get it.
In this content, we will try to convey all the details about JEDSTAR (JED).
What is JEDSTAR?
JEDSTAR; It is a decentralized ecosystem (DECO) project that includes DeFi, GameFi and NFT technologies, built on real benefit and potential income.
Adopting the vision of completely destroying the culture of playing games by investing money and making the system of making money by playing games active all over the world, JEDSTAR thinks that games are a culture more about skill and luck, and aims to bring community-oriented games to users.
JEDSTAR, which will enable people to make money at the same time with both DeFi and GameFi, as it can be understood in the project it has built on the game, will allow NFT trade with the NFT Marketplace thanks to NFT technology, will enable to earn money by playing games, and a program called Proof-of-Play (PoP). It will provide the opportunity to earn extra income by staking with the protocol.
Considering that the millions of dollars spent in the current game industry in the past years are unreasonable according to the game culture, JEDSTAR also thinks that it is unacceptable that all in-game items purchased with these invested money are at risk of being lost or destroyed at the slightest disruption.
Believing that it can eliminate the risks of losing and the culture of spending money in the gaming industry with blockchain technology, JEDSTAR aims to both eliminate the risk of losing all the data of the games by saving all the data of the games securely in more than one place thanks to DECO (Decentralized Ecosystem), and also to ensure that the players earn money instead of spending money.
Finally, the project, which will allow artists to sell their works as NFT on the NFT Marketplace called AGORA, presents itself as a truly win-win project.
What is JED Token?
JED Token; It is a deflationary 100% decentralized token unit, the first of three native tokens of the JEDSTAR ecosystem.
The maximum supply of JED Token, which we can also call JEDSTAR Token, which emerged with a launch price of 0.0001 dollars, has been determined as 100,000,000 units. A total of 60% of the total supply will be incinerated in 2 stages, with 45% at the first launch and 15% at the second phase.
Only 2% of the JED Token will be distributed to centralized and decentralized crypto exchanges, with 30% of its remaining supply locked to PancakeSwap. A 3% slice will be airdropped to people who have been defrauded with DSTAR Token before. Half of the remaining 5% will be transferred to NFT and game development wallets, and the remaining half will be allocated to the marketing wallet.
To ensure the continued growth of JED Token, special features have been applied in tokenomics as a countermeasure to factors that negatively affect many cryptocurrencies. 12% deduction is applied from every transaction made with JED Token and 6% of this deduction is distributed to JED Token holders. 2% is sent to a dead wallet and burned. The 4% tranche is sent back to the liquidity pool, allowing the price floor to rise continuously.
In order to prevent the whales from appearing, JED Token; It applies an additional 30% deduction for sales transactions that are equal to or more than 0.5% of the circulating supply, and an additional 20% for sales transactions that are equal to 0.3% to 0.5% of the circulating supply, and returns these deducted amounts to the liquidity pool.
Where to Buy JED Token?
Currently, the only way to buy JED Tokens is through the decentralized crypto exchange (DEX) PancakeSwap.
You can choose PancakeSwap Exchange to have the JEDSTAR (JED) Token, which will take its place in central crypto exchanges in time, early.
How to Buy JED Token?
If you have a TrustWallet wallet account and enough money to invest with your account on Binance Exchange, you can follow the steps below to buy JEDSTAR Token, via PancakeSwap:
- Login to your TrustWallet wallet and copy your Smart Chain (BNB) crypto token wallet code.
- Log in to your Binance account and transfer any amount of BNB you want, not less than 0.1 BNB, to the wallet account you copied from your account, over the BEP20 protocol. If you don’t have a Binance account, click here to create one.
- After the transfer is complete, go to the DApp tab and go to the PancakeSwap platform.
- In the swap section that appears, choose BNB from the top and select it by searching for JED from the bottom. If you search for JED but there is no result, copy the JED contract address code 0x058a7af19bdb63411d0a84e79e3312610d7fa90c, that is, the smart contract code, and paste it into the search section.
- Purchase the amount of JEDSTAR (JED) you want to buy and click the Swap button at the bottom.
If you are looking for a detailed guide on the use of PancakeSwap Exchange, you can review our article titled PancakeSwap Exchange and Detailed User Guide.
Frequently Asked Questions About JEDSTAR (JED)
In this section, we will try to answer frequently asked questions about JEDSTAR and JED Token. This section will be regularly updated upon inquiries and requests from you.
What is JED Coin?
JED Coin is an erroneous term used by crypto users for the JEDSTAR (JED) Token because the JED Token is a token, not a coin, as it is part of the Binance Smart Chain (BSC) ecosystem.
What is KRED Token?
KRED Token is the second crypto token of the JEDSTAR project after JED Token. The JEDSTAR project will have three crypto units in total, the first of which is JED and the second is KRED. The third is yet to be announced.
KRED Token, which will probably be called KRED Coin in the coming days, will be distributed with pre-sale just like JED Token and will take its place on crypto exchanges in the future.
What is AGORA?
AGORA is the name given to the NFT market of the JEDSTAR project. The marketplace, also known as NFT Marketplace, was named AGORA.
Official and Followable Accounts of JEDSTAR (JED)
JEDSTAR (JED) Official Website
JEDSTAR (JED) Twitter
JEDSTAR (JED) Telegram
JEDSTAR (JED) Discord
JEDSTAR (JED) Instagram
JEDSTAR (JED) YouTube
JEDSTAR (JED) Reddit
JEDSTAR (JED) CoinMarketCap
JEDSTAR (JED) CoinGecko