JOOPS is an innovative project integrating electric scooter rentals with blockchain technology. Each scooter is linked to a unique NFT, representing ownership and enabling 50% of rental revenue to be directed to the NFT holder. Launched in 2024 on the BNB Smart Chain, JOOPS bypasses traditional funding mechanisms, focusing on fair and inclusive token distribution. The JOOPS token provides multiple utilities, including rental discounts, staking rewards up to 100% A.P.Y, and governance rights. It employs a deflationary model with buybacks and burns. Initially launching with 300 scooters in the UK, JOOPS plans global expansion. Currently, 7.42 billion tokens are in circulation, trading at $0.00000179 USD.)
JOOPS is an innovative project integrating electric scooter rentals with blockchain technology. Each scooter is linked to a unique NFT, representing ownership and enabling 50% of rental revenue to be directed to the NFT holder. Launched in 2024 on the BNB Smart Chain, JOOPS bypasses traditional funding mechanisms, focusing on fair and inclusive token distribution. The JOOPS token provides multiple utilities, including rental discounts, staking rewards up to 100% A.P.Y, and governance rights. It employs a deflationary model with buybacks and burns. Initially launching with 300 scooters in the UK, JOOPS plans global expansion. Currently, 7.42 billion tokens are in circulation, trading at $0.00000179 USD.)
JOOPS is an innovative project that combines electric scooter rentals with blockchain technology. Each rental scooter is tied to a unique NFT, which acts as proof of ownership empowered by a smart contract. This contract directs 50% of the rental revenue to the NFT holder, creating a passive income stream. The JOOPS platform utilizes blockchain to manage these ownerships and revenues securely and efficiently.
JOOPS NFTs serve as digital proof of ownership for each electric scooter on the platform. Through smart contracts, these NFTs allocate 50% of the corresponding scooter's monthly rental revenue directly to the NFT holder. This model allows NFT holders to earn passive income without geographical limitations, as rental activities and revenue distributions are managed automatically via the blockchain.
Holding JOOPS tokens offers several benefits, including the ability to stake tokens for up to 100% A.P.Y. Tokens can be used for discounted scooter rentals and are integral to the platform's deflationary model with buybacks and burns aimed at increasing token value. Additionally, token holders participate in governance votes, influencing the ecosystem's development, while being part of a fair and inclusive token distribution.
JOOPS stands out by integrating NFTs and blockchain technology into its business model, turning scooter rental into a decentralized and income-generating venture. NFT holders receive passive income from rental revenues, unlike traditional models where ownership and revenue are more centralized. Moreover, JOOPS incorporates a utility token that offers additional benefits such as staking rewards, rental discounts, and community governance participation.
The JOOPS token is unique due to its multi-faceted utility across the platform. It not only provides discounted scooter rentals but also supports a deflationary economic model through buybacks and burns. Moreover, its staking option offers up to 100% A.P.Y., rewarding long-term holders. The token's governance feature empowers holders to participate in the decision-making process, aligning with JOOPS' mission for inclusivity and community engagement.
If you encounter issues with JOOPS services, visit their official website at joops.app for support resources. The site will provide contact options or FAQs to address common problems. For NFT or token-related issues, ensure you have the correct wallet set up on the BNB Smart Chain. For further assistance, engaging with their community channels or customer support team can provide specific guidance.
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