[JJM] Today's update 2019-04-23 - Important Announcement

![image.png](https://files.steempeak.com/file/steempeak/jayplayco/TAf19Sac-image.png)
There have been several important parts that need to be announced, as it was already discussed to the Korean community.
  • Steem Power-Up: There have been additional Block Deals and the current Steempower of the main account @virus707 is currently 550K SP (up of 50K SP)
  • Upvoting is not really the main business of JJM, but the only current part that is visible. The vision of JJM is much bigger but to gain direct trust we are proving and showing that we are powering up the main part of the income.
  • This means that JJM is growing together with Steem, as our main strategy is to powering up the Steem as investment.
  • Dividends: The @jjm13 account is holding the dividends for JJM holders. Due to the fact that the SP is also calculated into the dividends, it is difficult to power it down and distribute it. Therefore the account virus707 will “buy” the SP from JJM13 to liquidate it directly. Afterward, the bought SP from @virus707 will be excluded from the dividends.
  • We are currently preparing an MVP to represent the vision we have for Steem and JJM. Based on this MVP there will be another Presale happening for JJM
  • After this Presale the voting rules will change fundamentally, as the main base would be a dividend base business model, the upvoting business model will fade out.
![image.png](https://files.steempeak.com/file/steempeak/jayplayco/lPFgQwPz-image.png)
The JJM Chart is showing the following data. * Price : 0.19 Steem / JJM * Compared before day: + 52,063 JJM (JJM tokens added to the total volume compared to the day before) * Total Qty: 1,651,347 JJM (Total Qty in Market holding without locked-up Qty and found Qty.) * JJM holders: 178 accounts (except the founders' accounts) * The current Market value (except founders Qty.) translates to a holders market cap of 313,755.93 STEEM = 128,639USD (Steem 0.41USD : [Source](https://www.coingecko.com/en/coins/steem?utm_content=steem&utm_medium=search_coin&utm_source=coingecko) / @coingecko) * Details can be found under https://passionbull.github.io/jjm-list/ made by @jacobyu
![image.png](https://files.steempeak.com/file/steempeak/jayplayco/DzFWKixX-image.png)

JJM is open for block deals, as bigger amounts of JJM would directly increase the price. We had in the last few days several block deals which ended up in a total of 50K Steem. Anyone interested in bigger block deals is free to get directly in contact with @jayplayco at Telegram or may leave a message. Block deals are matched with the actual market price of JJM. The minimum amount for a block deal is 10K Steem.

1. Events

The third Steemmonsters tournament is planned for this weekend, so stay tuned for @glory7 entry of the tournament.

STEEMMONSTERS , JJM BLAST ,Beyond the limits!

2. Dividends

![image.png](https://files.steempeak.com/file/steempeak/jayplayco/bGcuubYU-image.png)
  • There are currently 1,153 Steem and 284SP and no SBD in the @jjm13 dividends account.
  • We are using the holders based on the list at https://passionbull.github.io/jjm-list/
  • If we count all SP, SBD, and Steem we have in total 1,438 Steem
  • On this base for each 1,148 JJM = 1 Steem could be distributed as dividend. (circulating 1,651,347JJM / 1,438 Steem)
  • The distribution will happen when 1000 JJM could be distributed 1 Steem (please read the new announcement about it)

3. Important information

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