NFTs have opened up a whole new world of possibilities. The great thing about NFTs is that nowadays you can basically tokenize everything and I really mean everything. You can not only tokenize art, game items, and commodities but also more fancy stuff like the next upcoming champions in sports and entertainment.

Jetcoin is doing exactly that. With Jetcoin you can invest in the next upcoming champions. You are not only able to support them but at the same time, you are also able to actively participate in their success. For this reason, Jetcoin calls itself the digital fuel of sports and entertainment.

Let's have a more detailed look at Jetcoin.

What Is Jetcoin?

Jetcoin is taking the sports and entertainment industry to a whole new level. While in the past, you could only be a fan or a supporter, with Jetcoin you can now actively participate in the success of today's talents and future champions instead of just passively supporting them from the sidelines. In this way, Jetcoin is establishing a bigger connection between fans, supporters, and talents in sports and entertainment as supporters can directly benefit from their success. With Jetcoin, you invest in talents which means supporting them on a much higher level.

The talents you can invest in are called Jetcoin Champions. These Jetcoin Champions release a portion of their intellectual property rights to the so-called Jetcoin Institute. Then the support from Jetcoin already kicks in as the Jetcoin Institute elaborates an individual career plan together with its partners. This is the plan for the future success of the Jetcoin Champion. The necessary budget to execute the career plan will also be allocated right at the beginning. The Jetcoin Institute raises this budget by releasing intellectual property rights in the form of smart contracts which can be purchased with Jetcoins directly on the JetCoin platform. These are the JET NFTs.

When the Jetcoin Champions are starting to generate revenues, these revenues will be automatically paid to the Jetcoin Smart Contract holders.

So when you think of it, you quickly realize that not only fans and supporters can benefit from Jetcoin but also talents. So if you are a talent in sports, music, or media yourself, you can also become a Jetcoin champion to get the support that you need if you want to become successful with what you love doing. Finding a sponsor is quite hard in the traditional system but with Jetcoin it is easier than ever. It is not only hard to find a new sponsor in the traditional system, but it is also a quite rough business. There are numerous examples out there in the sports, music, and media industry where talents had been ripped off by their own management. Jetcoin has the potential to bring new ethics to this business because instead of dubious management companies, fans and true supporters become involved in the success of these stars in a much more democratic way.

So you can either invest in the talents of today and the champions of tomorrow or if you are talented, you can become one of them yourself.

Jetcoin Tokenomics

If you want to participate in Jetcoin's ecosystem, you need to hold some Jetcoins. Jetcoin with the ticker $JET runs a 2-type token model as it runs on two blockchains simultaneously, as an ERC20 token on the Ethereum blockchain and as a BEP20 token on the Binance Smart Chain.

$JET has a circulating supply of 13 Million tokens and a total supply of 80 Million tokens on the Ethereum blockchain. The total supply on BSC is 40 Million tokens. 50% of it is locked and 4.8 Million tokens are also locked in the Liquidity Pool.

As the project is still about just getting started, the total market capitalization is quite low at the moment which gives $JET the potential of being a low market cap gem.

You can buy, sell and trade your $JET on Probit, Mercatox, or Pancakeswap.

The most important factor when it comes to evaluating a token is its use cases that are bringing value to the token. So what are Jetcoin's uses cases? Let's check them out.

First of all, you need to hold $JET if you want to invest in a Jetcoin Champion. The smart contracts that contain the IP rights of your Jetcoin Champion have to be purchased with $JET coins directly on the Jetcoin platform. Then the revenue that you are receiving when the career plan works out is also paid in $JET coins.

You can also use Jetcoin to buy dedicated merchandise from your Jetcoin Champion. There is much more you can think of than simple merchandise like buying unique lifestyle experiences with your supported talent. It could be behind-the-scenes experiences, after-parties, VIP seats at an event, special VIP boxes for Jetcoin supporters, and much much more.

Another cool use case for $JET coins is that you can also earn them for social engagements, called proof of social engagement (P.O.S.E.). This means that you support your champions on their social media such as Twitter or Youtube. This is a great feature as it pays off in different ways: You earn $JET tokens, you support your Jetcoin Champion, and you raise their visibility in social networks. This boosts the success of your Champion which in the end leads to higher revenue.

So there are several use cases for $JET that have the potential to raise its value.

JET NFTs

Jetcoin is releasing Jetcoin NFTs. By acquiring a unique JET NFT, you can participate in the future success of the talent you are supporting. The math is that when the talent of today becomes the champion of tomorrow, the value of their image rights that are generating your revenue will also increase which also includes the images and artwork of their NFTs. 

Keep in mind that famous stars for example in sports are actually earning more from selling their IP rights to promote products and services than from their actual sports performances. Do not underestimate the value of image rights.

JET NFT cards have unique features like interactive content from text to photos and videos. This interactive content can be updated and airdropped. Some JET NFT cards will also hold rewards at purchase or be airdropped later on.

You can view your JET NFT cards here with the JET NFT viewer by connecting via MetaMask or a wallet that supports WalletConnect. Jetcoin suggests connecting to the JET NFT viewer via MetaMask for both desktop and mobile.

JET NFTs are minted on the Ethereum MainNet and they are only mintable here on the mintable.app Marketplace.

You can already purchase JET NFT multimedia interactive cards here in the JETCoin NFT store. The JET NFTs that are already available contain various sporting personalities, mostly from soccer teams that are also sponsored by Jetcoin.

Jetcoin Sponsorships

A crucial part of Jetcoin's marketing strategy are sponsorships. The most popular sport worldwide is soccer and there you will also find the most current sponsorships as marketing for Jetcoin.

Examples of Jetcoin's sponsorships in soccer include English Football League Derby County FC, Wigan Athletic FC, A.C. Chievo Verona, and Hellas Verona (Serie A).

This month, Jetcoin has just become a sleeve sponsor for Huddersfield Town for their FA Cup game against Burnley in January. This also includes a special JET NFT giveaway during the game!

Furthermore, besides soccer, JetCoin has already sponsored three luxury yacht shows as well as three Formula One Official After-Parties in Singapore and there are more sponsorships to come. Jetcoin is just about to take off. 

My Final Words

Jetcoin takes the relationship between fans, supporters, and talents to a whole new level. Instead of just supporting talents and champions, you can now invest in them and participate in their success. On the other hand, if you are a talent yourself you can find people who believe and invest in you more easily. The goal of my post was to point out this unique approach of Jetcoin.

At the end of my post, I also like to remind you that my intention in this post is to raise your awareness of Jetcoin and my intention is not to replace your own research. Please note that this post is my entry to the JETNFT writing competition on Publish0x. However, let me ensure you that I would not have participated in this competition if I weren't 100% convinced by this project. Jetcoin is taking a new approach to connecting fans and talents. It comes with real use cases that are giving JetCoin the potential of being a low market cap gem.

If you want to keep yourself up to date with the developments of Jetcoin, I recommend following them on their social media like Twitter, Reddit, YouTube, Facebook, Instagram, and Telegram.

I hope that I could provide you with some interesting and useful information and if this is the kind of stuff that you like to read on Publish0x, make sure to hit that follow button. Thank you guys as always for reading, liking, following, and tipping 👍 

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