Jimizz

Debriefing the listing

Posted on October 3, 2022

Debriefing the listing

The listing in numbers


It was 2:57pm CEST time when the distribution of JMZ tokens began for non-vesting holders. These non-vested lots were distributed randomly in packs of 100, which was completed at 3:07 pm. A 25th batch was in error and was split into 7 batches to be sent manually, which was completed in full at 3:26pm. 2474 addresses received the equivalent of 207027184.3016259 JMZ.

All the tokens eligible for a sale were thus distributed in 29mn, a great performance. Let's remember that it is impossible to distribute to everyone at the same time, because there is a gas limit per block. Let's also remember that we had considered in the WP to distribute the tokens before the listing but we warned in June during our AMA and on Discord that this hypothesis had been strongly advised against by several of our advisors, at the risk of creating a "pirate" cash pool.

92 vested addresses were then placed on staking campaigns for a total of 169295763.31871581 JMZ. This distribution started at 3:26 pm and ended at 5:48 pm.

Summary

Considering the market context, this listing is in line with our expectations and those of our advisors. We are delighted that some short-term investors were able to sell and take a profit. It is now that the price has stabilized that the most important step begins, in co-construction with the community.

Patiently building relationships with new partners and models, moving forward with utilities to give the token tools that will serve creators and their fans, working on new listings and market actions, like the massive burn on October 29th, continuing our marketing actions, like the next treasure hunt where the winner will pocket 2000 BUSD, expanding our action to nearby cryptophile countries such as Germany, as well as many other advancements that we will reveal to you as soon as we can!


Grab The Bull By The Balls! 

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