Hi, @jayplayco here.
I would like to inform you that the project JJM is planning an Airdrop of JJM tokens for JJM token holders.
We have at the moment about 2Mil. tokens in circulation and do understand that we have to increase the circulation volume of tokens. The planned airdrop is not directly comparable to a stock parsing but does has a very similar function.
0. Background
JJM is the token behind the project JJM.
We have several projects running within JJM, including TripleA and came to the conclusion that we need a higher circulation volume of JJM based on our plans for future projects.
1. Main Income for JJM and JJM dividend distribution
The JJM project has several investments, starting from manual TripleA curation, general curation from our main account @virus707, Investments in SCT (Steemcoinpan), Genesis BTC mining.
Based on our calculation the dividend distribution ROI and also the relative stable token price does allow a parsing styled airdrop for JJM holders.
2. How are the rules changed?
The dividend rules will keep unchanged. Any voting rules changes will happen with more JJM tokens available on the market, but as always mentioned, JJM is always following the path to increase the value of the token economy itself.
3. When?
We are planning to have the airdrop in ‘N’ times and will have unannounced snapshots for the airdrop including the distribution. Please be advised that any Qty. that is for sale on the market will not be counted for any snapshots.
We are in the moment planning a Qty. of about 2 Mil. JJM for the first airdrop and there could be several of them.
4. How do we get value?
The easiest way to understand JJM is, that we are investing in different projects and distributing part of the income to JJM holders. Value is created based on the output of these projects and also from self-developed projects (like TripleA and further coming projects) with the possibility to have positive sinkings for the economy.
5. Next steps
The JJM project team is currently in talks for the next project, after TripleA, which would be in a totally different category than what we had before. It is going to be a very exciting 2020.