What Is Jade Currency (JADE)?

Jade Currency (JADE) is an online marketplace that focuses on the precious gems and cryptocurrency industries. The platform is powered by the Binance Smart Chain (BSC), a parallel blockchain that runs smart contracts on the Binance exchange. The Jade non-fungible tokens (NFT) marketplace and Metaverse shop serve as the selected destination of treasured gems for traders. Metaverse is a 3D virtual space where people can trade, explore, and interact. The Jade network aims to maximize the trending markets of NFTs, the Metaverse, and the increasing necessity for cryptocurrencies to transform how traders contact and do transactions.

The platform aims to solve the barriers that block entry for the cryptocurrency industry. The network has aimed to resolve issues that concern the marketplace. Those issues are scarcity of qualifications of traders, security in traders' information, access to customers, the significance of goods in developing countries, and the shortage of competitiveness. 

Further, JADE is a Binance Smart Chain (BEP20) token. The token is shifted from ERC20 to BEP20. JADE is employed as a fractional ownership token where holders receive a majority stake in the platform's assets and revenues. According to the token's whitepaper, each JADE token holder is benefited from a staking dashboard where token holders can stake their tokens and earn 60% of the share of the transaction price. The platform seeks to encourage token stakes in the marketplace to compile revenue shares.

History of Jade Currency (JADE)

Jade Currency was founded in 2017. The platform development team is led by Xaviera Tech, a development and graphic design company. Currently, Cameron Kallhoff serves as the CEO of Jade network. The platform released its whitepaper in 2021. JADE has a maximum total supply of 90,000,000.