Burn of 800 million Jimizz!
Posted on May 27, 2024
Posted on July 19, 2022
St Michel's Day, September 29, 2022 is a red-letter day. This year, the end of September not only announces the decline of Summer and the arrival of Autumn, but also the Jimizz listing!
To make this event a success, the technical and marketing teams are working hand in hand to provide the Jimizz with the ideal launch pad to reach the set objectives.
From a strictly operational point of view, the listing of the token will start with the creation of the liquidity pool.
As announced in the Whitepaper, the liquidity pool and the initial BUSD funds present in the JMZ/BUSD pair will come from the ICO revenues.
The creation of this pool on PancakeSwap will have to be done a little before the distribution to ensure that no one decides to create the pool for us which could have catastrophic consequences on the token. After the pair has been set up on PancakeSwap, the tokens will be sent out.
The first tests of the distribution system are conclusive and they show that it will be possible to send all the Jimizz to their owners within a maximum of 3 hours (provided that the network is not congested).
In the wake of the first shipments, the stacking campaigns will open on the Dashboard to allow holders without vesting to generate passive income immediately. In parallel with the dispatch to Option 3 holders, Option 1 and 2 holders will have their tokens placed on campaigns specially designed for them.
The technical teams are responsible for the smooth running of the TGE, but the marketing teams are already working to make the event a resounding success.
A few weeks before the launch, a major communication operation will support the teams' efforts to make the token known. This action also aims to reward the project's investors who have been supporting the Jimizz since the launch of its ICO.
More globally, the teams are focusing their efforts on opening the project to foreign investors. As the Jimizz ICO was limited to the borders of Europe for legal reasons, it is now essential to open up to the rest of the world in the weeks leading up to this TGE.