JADE CURRENCY ROADMAP FOR REST OF 2021
Hello everyone, this is Cameron Kallhoff, CEO of Jade Currency and COO of Catex Exchange. Early in May 2021, our team has relaunched the Jade Currency (JADE) project. Since then we have been actively developing the marketplace, team, and roadmap at a very efficient pace. Personally, as the one leading project, I wanted to give a quick outlook to the roadmap that we announced last week and go over more specifically what it entails;
Lets start from the very beginning of the relaunch….
ALREADY COMPLETED
1. Surprise Jade Currency Event at Catex Exchange — May 10–19th
For this event we hosted a $10,000 USDT prize buy event for JADE. The event had a good effect on price which saw it increase from 1 Satoshi to over 100 Satoshi in less than a few week.
2. BSC Migration — May 20th
The Binance Smart Chain migration occurred only on Catex Exchange. Jade was migrated from ERC20 to BEP20. All JADE that was not on Catex was burned from the total supply on the BSC supply. The migration saw the total supply reduce from 125,000,000 to 90,000,000 and circulation supply from 81,200,000 to circa 53,000,000.
3. Pancakeswap Listing — May 25th
We added 118 BNB + 810,000 JADE as intial liquidity for the Pancakeswap listing. The target starting price was $0.046. We were lucky to hit the target price because many people and bots were messing with the transactions prior to us adding the liquidity and resulted in a 45 minute delay. We locked the liquidity pool for a 6 month period.
You can buy $JADE now at https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x330f4fe5ef44b4d0742fe8bed8ca5e29359870df
4. JADE Farm — May 28th
We successfully opened the farm at Catex Exchange. Users are expected to deposit JADE-CAKE-LP tokens to the exchange and in return they will share 27,000 JADE/daily for a 2 year period. Right now we are still working out a few bugs regarding the distribution of farming rewards but it is expected to be resolved this week. We are pleased so far with the amount of participants who are farming JADE.
UPCOMING ROADMAP
Website Update — June 15th
Our team is currently revamping the website. We have already leaked a preview of the new content and graphics. It is expected to be released by the middle of June. Expect to see new team members and other important information about the JADE community.
Buy Land in Decentraland — June 30th
Part of the roadmap has us entering the Metaverse. What better Metaverse than the original, Decentraland. We are looking to buy a few LAND parcels to create an estate. We will announce the LAND acquisition on this date. It is very exciting because it is one of the biggest steps to accomplish our goal of bringing jade and other precious stones to virtual reality and use cryptocurrencies as transaction. Remember, JADE holders are taking majority ownership of the LAND.
New Team Recruitment — End Q2
We expected to finish our final round of hiring of new labor by the end of next month. This last month we have hired many top talents in the cryptocurrency industry who are focusing on the project growth strategies and development of blockchain and web applications. We have also started a marketing strategy called , JADE ARMY. This is 8 community leaders from around the world who are responsible for growing the community and keep them engaged in the project. So far, we have found 6 of 8 members. We are currently looking for leaders in the Arabic and Vietnamese communities to join the JADE ARMY.
Whitepaper Update — July 15th
We had an initial whitepaper we created back in 2017. This information is no longer relevant to today’s current plan and market trends. The new whiter paper will cover the precious gem marketplace, NFT shop in the Metaverse, the fee structure for the JADE token holders, market analysis, the roadmap past 2021 and much more.
Marketplace Opening — September 1st
The precious gem marketplace will the first of its kind where it connected qualified sellers with buyers who only use cryptocurrencies as payment. This is the main product of the Jade Currency project and we expect it to work as a hybrid of Oversea/Ebay. The marketplace will use all the top cryptocurrencies as payments forms and also JADE (users can get discount on fees if they use this as preferred payment method). Remember, JADE holders taking majority ownership of the fees and valuation of the marketplace.
Staking Feature for JADE — September 1st
This will be launched same day as the marketplace opening. It is a simple staking feature where you stake your JADE tokens and in return you will share 60% of the transaction fees. The amount you receive depends on your share of the total pool. The staking feature has no lock up period.
Client Onboarding — Q3 & BEYOND
This is actually is an ongoing and continuous process. We are searching out verifiable precious gem dealers who would want to list their shops in the marketplace and potentially the Metaverse. We hope to have a few lined up by the time the marketplace is opened.
CEX listing — Anytime
Lets be real, the goal is to get listed Binance right? The last few years I have followed Binance closely and all the projects they have listed. Most of them have one thing in common. All the projects share the same CEX listing. Our goal is to target MXC and Gate.io Exchanges because of this. A lot of their projects go on to list Binance and we feel we shouldn’t waste money on other exchanges because they will have no effect.
Metaverse Partnership– September 31st
One of our main goals is to bring the marketplace into the Metaverse. We want to build a JADE shop on our purchased LAND in Decentraland where featured sellers can put their NFT for sale. To do this we must partner with a designer. We are thinking a partnership like Somnium Space VR.
NFT Partnership — October 15th
This partnership is quite similar to the Metaverse partnership. Its highly possible it’s the same partnership as we need a company to design the NFT the seller will put in the JADE shop. Somnium Space VR is highly capable of doing this.
Metaverse Shop Opening — November 30th till December 30th
We are not sure how long it will take for the partner to build the JADE shop so we have put a month extension on their deadline. We will try to have a featured seller and NFT available for sell at the time of opening.
Jade Currency has accomplished much since the relaunch and has even greater plans that are yet to be revealed to the public for the upcoming year. This project is a pioneer in its field.
Website: https://www.jadecurrency.com
Twitter: https://www.twitter.com/CurrencyJade
Telegram: https://t.me/jadecurrency
