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JCN tokens and on-site tokens explained in detail

In today’s story we will explain the difference between JCN tokens and on-site tokens used within our fully operational 18+ ecosystem.

On-site tokens

All our sites and systems are currently using an on-site token/ewallet mechanism where consumers are billed using the following methods:

  • Pay per second (private shows)
  • Unlock premium features
  • Unlocking assets (photo albums and video clips)
  • Pay per switch (accessing voyeur spy cams)
  • Gamification
  • Minting

At this moment consumers can purchase their token packages through a series of payment methods. For example credit card and various online bank transfer methods.

For the on-site tokens mechanism we use a fixed value, where 10 tokens equal € 1

The current on-site token/ewallet mechanism is custom made and runs in a centralized setup. In time we will replace this all with a private blockchain implementation.

JCN tokens

For the JCN ICO we have registered a total supply of 100,000,000 JCN tokens where 45,000,000 JCN are available for the public to purchase during the ICO (till April 10, 2018).

The remaining 55,000,000 JCN tokens are allocated as follows:

  • 20,000,000 JCN tokens are held in reserve for content and gamification
  • 5,000,000 JCN tokens for advisors and the bounty program
  • 30,000,000 JCN tokens reserved for the managing founders

All unsold and unrewarded JCN tokens will return in our reserve on the ICO completion date. No more JCN tokens are to be issued, other than distributed during ICO.

After the ICO Jizzcoins (JCN) will be enlisted on crypto exchanges where the public can trade in this new token.

The relation between on-site and JCN tokens

Both the on-site and JCN tokens are utility tokens used inside (and later outside) our 18+ ecosystem.

The prices (on-site tokens) used within our 18+ ecosystem are always fixed (e.g. private show is 25 tokens which equals €2.5 per minute) where JCN tokens will be subjected to market price fluctuations once they are listed and available on crypto exchanges.

Within our 18+ ecosystem we will create features for our user groups to exchange JCN tokens into on-site tokens and visa versa.

Later we will create a dedicated JCN token exchange accessible for all our user groups.

THE FOLLOWING SITES WILL ACCEPT JCN


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