What is Joops

Article Summary, Automatically Generated By AI

Summary of JOOPS

  • Token utility: multifaceted, with revenue sharing, payment for rentals with discounts, and deflationary model with buybacks and burns.
  • Staking and governance: up to 100% A.P.Y. and governance votes for token holders.
  • Fair token distribution: no VC or seed sales, ensuring inclusivity and community involvement.
  • JOOPS utility: 300 electric rental scooters in the U.K., expanding to major cities globally.
  • Unique NFTs: representing scooter ownership, with 50% monthly rental revenue going to NFT holders.
  • Revenue-sharing model: NFT holders earn passive income, with logistics handled by JOOPS.

About JOOPS: Empowering the Future of Decentralized Finance

JOOPS introduces a multifaceted utility for its token, offering a diverse range of benefits. Not only does it serve as a share in revenue, but it is also accepted as a form of payment for rentals, accompanied by exclusive discounts. Furthermore, the token’s deflationary model, fueled by profits, incorporates buybacks and burns, thereby introducing an additional layer of investor-centric dynamics.

Staking and Governance The opportunity to stake Joops tokens presents a compelling proposition for long-term investors, offering a potential yield of up to 100% A.P.Y. Moreover, the integration of governance votes empowers token holders to take an active role in shaping the future trajectory of the Joops ecosystem.

Joops’ unwavering commitment to fair token distribution exemplifies a steadfast dedication to inclusivity and community engagement, eschewing traditional funding models, such as venture capital or seed sales, to foster a more equitable and participatory ecosystem.

Introducing JOOPS Utility: Revolutionizing Urban Mobility. JOOPS will debut with an initial fleet of 300 electric rental scooters, set to electrify the vibrant streets of the U.K. Following each successful launch, we will progressively deploy our scooters in every major city worldwide, fostering a global presence.

Upon crafting each scooter, we generate a distinctive NFT, serving as unequivocal proof of ownership for that particular scooter. This NFT is extraordinary, as it has been ingeniously programmed with a smart contract that automatically channels 50% of the assigned scooter’s monthly rental revenue directly to the NFT holder’s wallet.

Each distinctive NFT serves as a testament to ownership, epitomizing a visionary approach that seamlessly converges the physical and digital realms. This innovative revenue-sharing paradigm empowers NFT holders, effectively transforming them into esteemed business partners, thereby cultivating a profound sense of community and shared prosperity.​

For instance, you could reside in the U.S. and generate revenue from a scooter rented out in London simply by holding a Joops NFT. We handle all the logistical complexities, providing a seamless and hassle-free experience for NFT owners globally to earn a passive income.

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