✅🔥[ANN] [ICO] JACS - Internet 3.0 Decentralized Infrastructure 🔥✅

[abderrazak belkhir]

oh, so there is no specific amount of tokens will be burned until now ?
in my opinion by reducing the supply with burning actions will increasing the demands in this project

Just my personal opinion:
Token burn is depends on market conditions, for now I don't think token burn is the right choice to be implemented considering that JACS itself is currently still in the market expansion stage and there are not many JACS on the market.

Market response is needed when you want to burn.
It will be different story if JACS available on any bigger exchanges with stable volume of JACS, token burn might be implemented and of course with careful consideration and calculations

But the burn is always a good solution...you must think as a trader because they have the bigest effect on the price...traders always consider the total amount of a token as a very important think

That is exactly what he meant, his opinion were based on the trader's preference.

At this moment, JACS only have one exchange, that's rather... not that well known (and yes, I am being nice here). I am sure we all can agree that it gives near zero volume, which can be translated as little to no interests on traders mind, which is understandable as JACS is still expanding. But, If we burn on this situation, when traders are not even paying attention on the project, it'll gave significantly less enthusiasm and responses compared to if we do this when more listings happen.

Other than that, if we burn under current situation, and suppose that it appeal a lot of traders, many would still be hesitant and decided against buying upon knowing that they have to deal with... non-reputable exchange.

A completely different story would occur if we wait a little until the situation are more preferable.

Bottomline: if we wait for better exchanges, there will be more eyes on us, thus the burning will gave more exposure.

Its also a good option
You mean that in thu curent situation no one care if a huge amounty of jacs will be burned or not because no one among the traders know about jacs
Anyway the key still the good exchange...i dont want jacs to be listed first in uniswap...i think we need one of the good traditional (hitbtc for example)

[as9ardia]

But the burn is always a good solution...you must think as a trader because they have the bigest effect on the price...traders always consider the total amount of a token as a very important think

I'm absolutely think as trader btw
what I'm thinking as trader has been represented by @holydarkness above (thanks for that, you really read my mind  )

You mean that in thu curent situation no one care if a huge amounty of jacs will be burned or not because no one among the traders know about jacs
Anyway the key still the good exchange...i dont want jacs to be listed first in uniswap...i think we need one of the good traditional (hitbtc for example)

It's hard for me to say this but yes, with current situation (with only single exchange listed and almost no volume) nobody would care (market) about how much token burned unless the token has price and volume

[Sireum Leuweung]

I agree with the issue of burning tokens.
Token burning will only have an impact if the token already has value on the market or already has a market capitalization value. while at this time JACS is still haven't market price (assuming the ICO / Token Sale price is not included in the market price) nor does it have market capitalization value.
The best movement for now is growing JACS value with listing on any bigger exchange

[the rise]

I agree with the issue of burning tokens.
Token burning will only have an impact if the token already has value on the market or already has a market capitalization value. while at this time JACS is still haven't market price (assuming the ICO / Token Sale price is not included in the market price) nor does it have market capitalization value.
The best movement for now is growing JACS value with listing on any bigger exchange

I agree with your opinion, JACS already has a price in the market and when the token is burned it will be affected besides that they are also thinking about registering their token on the exchange, even though the sale of ico is not as expected but we must develop it slowly

[as9ardia]

Burning is the best way to raise prices. I totally agree this will attract many new investors to buy tokens, don't think long, just do your best

no no no, You didn't catch my point, read from my previous comment.
What makes you think not to think long?
burning steps must be thought carefully and see market conditions, do you know what the current market conditions of JACS?

[moamin77]

Guys, your opinions regarding the burn action and its time are really valuable
We are taking all our steps/actions cautiously so rest assured that everything will happen on the right time

[the rise]

oh, so there is no specific amount of tokens will be burned until now ?
in my opinion by reducing the supply with burning actions will increasing the demands in this project

Just my personal opinion:
Token burn is depends on market conditions, for now I don't think token burn is the right choice to be implemented considering that JACS itself is currently still in the market expansion stage and there are not many JACS on the market.

Market response is needed when you want to burn.
It will be different story if JACS available on any bigger exchanges with stable volume of JACS, token burn might be implemented and of course with careful consideration and calculations

Burning is the best way to raise prices. I totally agree this will attract many new investors to buy tokens, don't think long, just do your best

yes but unfortunately it is currently still in the planning stage, burning without a good exchange that increases trading volume will only be useless, nothing is valuable if they don't want to list the jacs token on the exchange and have trading volume

[JooBra]

What is the teams plan about the listing? I know that work needs time but I would like to know in which direction you are thinking. Are you planning to get listed on some smaller exchanges or going for big ones?

[arjuna BTC]

What is the teams plan about the listing? I know that work needs time but I would like to know in which direction you are thinking. Are you planning to get listed on some smaller exchanges or going for big ones?

if you read few posts before, you will know if jacs already tradeable on exchange my friend
https://app.bitskrix.com/exchange/?market=JACS_USD
https://app.bitskrix.com/exchange/?market=JACS_BTC
but the volume is very low, even there is no activity in the past few days

[iphone5s]

What is the teams plan about the listing? I know that work needs time but I would like to know in which direction you are thinking. Are you planning to get listed on some smaller exchanges or going for big ones?

if you read few posts before, you will know if jacs already tradeable on exchange my friend
https://app.bitskrix.com/exchange/?market=JACS_USD
https://app.bitskrix.com/exchange/?market=JACS_BTC
but the volume is very low, even there is no activity in the past few days

Time to wait for the coins to appear in another exchange. I've also seen movements on the exchange. It was very quiet there. there is no activity whatsoever

[kojektea]

What is the teams plan about the listing? I know that work needs time but I would like to know in which direction you are thinking. Are you planning to get listed on some smaller exchanges or going for big ones?

as said by their team currently they only focus on their products, if their product can be published then they will think about registering the jacs token on the exchange, and I heard that they will register at the previous uniswap, let's wait further because perfecting their product will take the next few weeks

[pealr12]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

[krisnajsadrak]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

yes, product development is the most important thing to drive the price up,
but by burning unsold tokens will reduce the supply, and when the supply decrease i'm sure the demands will increase my friend

[holydarkness]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

Applied to general crypto project, you're wrong. Real life application of project's product will affect price positively, true, but the total supply will still affect buy/sell decision that'll ultimately drive price. Project with gigantic total supply would scares people to invest as they'll likely think price would be hard to rise.

Let's suppose there is a project that has platform that integrates dentist records across the world, you can book appointment, pay the dental bills, things related to it, all in one application. The project even have partnership with dental offices. Simply put, their product has a real life application.

According to your theory, their price should be soaring high right now. Well, unfortunately, it was a real project, and factually, last time I check, if my calculation of drawing zeros behind decimal is correct, they're at 0.3 satoshi. That's 0.000000003. The main reason? They have 8 trillion total supply.

[abderrazak belkhir]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

This is exactly how things run in the crypto and i'am sure that 600 million token is a hige supply for a token of 0.3 ico price
Its almost impossible to get the ico price as a starting price because if this will be the case the marketcap of jacs will be

Applied to general crypto project, you're wrong. Real life application of project's product will affect price positively, true, but the total supply will still affect buy/sell decision that'll ultimately drive price. Project with gigantic total supply would scares people to invest as they'll likely think price would be hard to rise.

Let's suppose there is a project that has platform that integrates dentist records across the world, you can book appointment, pay the dental bills, things related to it, all in one application. The project even have partnership with dental offices. Simply put, their product has a real life application.

According to your theory, their price should be soaring high right now. Well, unfortunately, it was a real project, and factually, last time I check, if my calculation of drawing zeros behind decimal is correct, they're at 0.3 satoshi. That's 0.000000003. The main reason? They have 8 trillion total supply.

This is exactly how things run in the crypto world and i think that 600m token is a huge amount for a token with 0.3 ico price because uf we will get the ico price as a starting price we will have about 180m $ market cap this mean the top 70 crypto and this isalmost impossible for jacs in the curent situation

[lifeOK]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

yes, product development is the most important thing to drive the price up,
but by burning unsold tokens will reduce the supply, and when the supply decrease i'm sure the demands will increase my friend

I have learned some quite satisfying words from their side. For now they're in beta testing phase, according to their roadmap there time to time development will take place. They're working real product, I can believe them as i can sense something special.

[JooBra]

What is the teams plan about the listing? I know that work needs time but I would like to know in which direction you are thinking. Are you planning to get listed on some smaller exchanges or going for big ones?

if you read few posts before, you will know if jacs already tradeable on exchange my friend
https://app.bitskrix.com/exchange/?market=JACS_USD
https://app.bitskrix.com/exchange/?market=JACS_BTC
but the volume is very low, even there is no activity in the past few days

Time to wait for the coins to appear in another exchange. I've also seen movements on the exchange. It was very quiet there. there is no activity whatsoever

yes, new exchange with good feedback from the users needed for this project now
because focusing only in developments is good, but if this project tradeable on top or maybe a kind of good exchange will make this project better

I wouldn't count this as a exchange. There is no liquidity atm. I don't mind waiting tho. I know there needs time for that.

[asriloni]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

That will decrease the inflation but the problem is this project is not doing so well at the early launch. JACS listed on exchange site that even doesn't give a small volume to the token.
it has no buy orders and as someone stated above if I will not count that as an exchange site too consider it brings nothing to the token.
The impressions are very important thing too.

[moamin77]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

That will decrease the inflation but the problem is this project is not doing so well at the early launch. JACS listed on exchange site that even doesn't give a small volume to the token.
it has no buy orders and as someone stated above if I will not count that as an exchange site too consider it brings nothing to the token.
The impressions are very important thing too.

Right but we are working around that with our continuous product development, injecting value to the token and listing over bigger exchanges (soon)

[Btc_1856]

Burning of tokens won't do much or won't do anything at all in terms of price if product development is not put in place as top priority, ones a project can provide a real life application of its product, it can definitely drive the price high irrespective of the supply.

That will decrease the inflation but the problem is this project is not doing so well at the early launch. JACS listed on exchange site that even doesn't give a small volume to the token.
it has no buy orders and as someone stated above if I will not count that as an exchange site too consider it brings nothing to the token.
The impressions are very important thing too.

Right but we are working around that with our continuous product development, injecting value to the token and listing over bigger exchanges (soon)

Just answering the question raised by bounty hunters is not enough, you need to prove yourself by developing something that you have mentioned in the roadmap and it will help other exchanges to concentrate on your project. Otherwise, the recent listing exchange will also delist your coin.