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Even with all its popularity and global reach, the adult industry faces many challenges. These problems directly affect consumers and performers, while enriching large production and distribution companies. There are a lot of companies that do not offer payment processing services for adult content websites and services, which results in very high transaction fees for companies that do support adult content. There are many startups that are aiming to solve the problems facing the adult industry. One of the finest projects has been launched by the Jacquie & Michel Group.
Jacquie & Michel is one of the top adult entertainment companies, generating millions of euros in revenue every year. The company runs 30 websites, two publications at newsstands, a TV channel, an online store, and 13 stores located across France. To protect against the banking network, Jacquie & Michel created their own cryptocurrency. This new cryptocurrency aims to provide service providers in the adult industry with a complete token economy.
Jimizz will be offered across the entire Jacquie & Michel porn ecosystem.
Having more than 10,000 exclusive videos, Jacquie & Michel already has a rich adult industry projects portfolio. Jimizz is a welcome addition to their collection. The adult industry has several problems, which Jimizz offers a solution for.
The Jimizz cryptocurrency provides unique features for creators, consumers, and investors to revolutionize this space. Jimizz aims to provide an open and secure platform for fans of adult content. Jimizz is looking to bring back trust and transparency to the industry, using blockchain technology. Likewise, Jimizz is committed to preventing underage internet users from accessing their content.
Why is Jimizz essential for content creators?
Sex workers have historically encountered censorship difficulties and have turned to cryptocurrency. Additionally, sexual workers have faced difficulties maintaining a presence on large platforms like Instagram, where they are often shadow-banned, and their content is closely regulated. This project is community-owned and can be used in many ways. The following are a few reasons why investors should consider investing in Jimizz.
Earn interest on your Porn Savings Account
The owners of JMZ tokens have the opportunity to earn interest by putting their tokens in a porn savings account. On the blockchain, a smart contract will govern the X-savings account. As time passes, interest will accumulate on tokens deposited in an X-savings account. The X-savings account enables Jimizz to establish a place for itself in the growing DeFi ecosystem by following the principles of staking.
Marketplace for NFT
The NFT market has been filled with several marketplaces that allow people to buy and sell NFTs. Jimizz will open its own marketplace to connect investors and creators of adult content. The Jimizz NFT Marketplace aims to bring together adult content creators and digital currency enthusiasts to create and trade top NFTs. Through the marketplace, the JMZ currency will be used to create auctions, and bid on and acquire NFT.
Participate in community discussions
This feature of the JMZ sphere is similar to participatory funding sites, and creators can propose projects and ask the community for funding. For example, a young filmmaker with great ideas but no contacts in business could ask the community to provide funding for one of their videos by making incentives available. Through this method, producers can also finance equipment purchases for their fan base, thereby providing better content for them.
Encourage content creators
According to the director’s choice of payment method, JMZ owners can support creators they like, become producers, and profit from their investment. J&M will purchase the most popular content within the community and make it available on the group’s websites.
Holder Assembly
Jimizz has created a currency intending to empower investors and ensure they have a sense of responsibility. So, they created a platform so that Jimizz token holders could participate in decisions related to the token.
Owners of Jimizz may, for example, choose the charitable organisation that will receive funds raised by the sale of JMZ on the J&M ecosystem. As part of the Holder Assembly, editorial decisions for Jacquie & Michel’s productions will also be considered. Investors can also select the themes for the next Élite film, the cover for the next Hot Video, highlight the next Cum-Unity project, and more.
Integration of Metaverses
In a metaverse, humans can interact with virtual worlds in the same manner as they do in the real world. Jimizz aims to visualise the universe of Jacquie % Michel. Therefore, Jimizz’s content and websites will be visualized over the Internet in a huge virtual space where everyone can log in anonymously. In this way, Jimizz content creators can experience the reality of the metaverse.
What are the uses of this token?
The Jimizz cryptographic token will initially be created on the Binance Smart Chain (BSC) blockchain. BSC offers a lower transaction fee and faster transactions than Ethereum since it uses stacked proof-of-stake authority (PoSA) as a consensus mechanism. YCharts estimates that BSC has over 12 million daily transactions due to this advantage. The BSC community has grown rapidly in recent years, with over 2 million members.
JMZ tokens follow the bep20 standard (equivalent to erc20 on the Ethereum blockchain). The tokens are fungible as well as programmable. In a smart contract, the conditions for spending and transferring funds are defined at the time of creation. Using this standard, the token will work with all existing BSC wallets (MetaMask, Trust Wallet, etc.) and can be stored on a hard drive, such as the Ledger or Trezor, once purchased.
Benefits of Jimizz Token
The Ecosystem of Jacquie & Michel
There is a lot of premium content on J&M websites. Accessing that content requires a subscription. However, all J&M websites will offer you access to exclusive content and discounts with the JMZ token.
Rewards for staking
Jimizz allocates about 7.5% of their tokens for stake campaigns, airdrops, or savings. Owners of JMZ tokens will receive these tokens in the form of interest or an airdrop over time. The limited reserve will be used until the Jacquie & Michel sphere makes it feasible to finance these stake campaigns and X-savings sustainably through transaction fees on the sale of NFTs or the use of services.
Bonuses and referrals
During the ICO, there will be a referral system. After the sponsoree makes a valid transaction, the sponsor and the sponsored will receive 1,000 JMZ each.
Club 69
Jimizz developed the 69 Club to give investors a lot of benefits when they invest. Members of the 69 Club NFT will benefit from several benefits, such as a percentage off of content purchase.
A currency for users and investors
Jimizz aims to be a popular, accessible currency that entitles its members to special benefits. The NFT Marketplace will be launched in a phased manner, starting with the 69 Club, which will be made available to 69 NFTs. On the J&M platform, these tokens will be used to receive a percentage of every service purchase. Holders of Jimizz tokens will have unlimited access to all sites, benefiting from various advantages linked to the use of the currency.
J&M plans to launch an innovative NFT Marketplace. To get started right away, exclusive content will be made available for purchase as soon as possible. Additionally, they’ll include more content in the future. In addition to the very first J&M video, you will receive a Hot d’Or statuette and unlimited lifetime access to our videos.
The creators will be able to submit their own content in V2, which will replace the first version soon. Jimizz looks like a viable cryptocurrency investment. Before investing, you should always conduct proper due diligence. Once the proper verification is complete, you can invest some big bucks.
Conclusion
As part of its transition into the world of cryptocurrency, Jacquie & Michel has created its own token, the JMZ. It was launched on Binance Smart Chain to educate users. For Bitcoin and Ethereum, the native networks are too slow and too expensive to adapt quickly to different uses. Nonetheless, Jimizz’s choice of Binance Smart Chain is logical since Binance has a solid reputation for fast transactions with low fees and a secure environment.
Jimizz is unquestionably blazing a new path in adult content. Blockchain technology is the reason for this innovative business model. It is proof that technology will continue to develop. The team that created Jimizz consists of experts from different backgrounds. With the decentralised features and benefits associated with blockchain, Jimizz has created a new level of user experience for content creators and viewers. The project appears promising and can be invested in.
Hopefully, you have enjoyed today’s article. Thanks for reading! Have a fantastic day! Live from the Platinum Crypto Trading Floor.
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