JUMONEY

Fungible Token

Token Logo

The native cryptographically-secure fungible protocol token of Pocket Gym (JUMONEY) is a transferable representation of attributed utility functions specified in the protocol/code of Pocket Gym, and which is designed to be used solely as an interoperable utility token thereon.

Name : Jumoney

Ticker : JUM

Network : Klaytn

Type : Utility & Reward

Contract Address : 0x3eef2b8d8050197e409b69f09462f49eab562979

Total Supply : 5,000,000,000

JUMONEY is a functional multi-utility token which will be used as the medium of exchange between participants on Pocket Gym in a decentralised manner. The goal of introducing JUMONEY is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Pocket Gym without any intermediaries such as centralised third party entity/institution/credit. It is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. JUMONEY does not in any way represent any shareholding, ownership, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will JUMONEY entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Hong Kong, Singapore or any relevant jurisdiction. JUMONEY may only be utilised on Pocket Gym, and ownership of the same carries no rights, express or implied, other than the right to use JUMONEY as a means to enable usage of and interaction within Pocket Gym. The secondary market pricing of JUMONEY is not dependent on the effort of the JUMONEY team, and there is no token functionality or scheme designed to control or manipulate such secondary pricing.

For the avoidance of doubt, neither the Company nor the Distributor deals in, or is in the business of buying or selling any virtual asset or digital payment token (including JUMONEY). Any sale or distribution of tokens would be performed during a restricted initial period solely for the purpose of obtaining project development funds, raising market/brand awareness, as well as community building and social engagement; this is not conducted with any element of repetitiveness or regularity which would constitute a business.

JUMONEY also provides the economic incentives which will be distributed to encourage users to exert efforts towards contribution and participation in the ecosystem on Pocket Gym, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. JUMONEY is an integral and indispensable part of Pocket Gym, because without JUMONEY, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Pocket Gym. Given that additional JUMONEY will be awarded to a user based only on its actual usage, activity and efforts made on Pocket Gym and/or proportionate to the frequency and volume of transactions, users of Pocket Gym and/or holders of JUMONEY which did not actively participate will not receive any JUMONEY incentives.