What Is JaiHo (JAIHO)?
JaiHo is a community-based deflationary cryptocurrency project with limited supply. It is built with a unique revenue-sharing model that includes a mission to charity. This project seeks to promote real profits, fair transactions, and be entirely decentralized. Thus, decisions are made by community vote.
According to the whitepaper, the JaiHo ecosystem is a combination of business and environment. The community is rewarded with real profits, and the atmosphere is protected through eco-friendly products.
There are many different forms of digital artwork and collectibles on the NFT marketplace from JaiHo. JaiHo's non-fungible token marketplace aims to allow the users to store, trade, and coin their NFTs safely and securely. The JaiHo NFT marketplace seeks to enable one to claim ownership and earn directly by interacting with the global community.
Further, the JaiHo NFT marketplace aims to have unique ownership, transferability, and economic opportunities, seeking to result in inclusive growth and authenticity. The marketplace also seeks to help the ecosystem grow and aims to promote the community system where everyone allows each other.
Through its outstanding 9% transaction fees policy, JaiHo seeks to provide tangible benefits to JaiHo token holders and community development. The transaction fees are allocated as follows:
● Jaiho Coin Holder’s Reward - 2%
● Liquidity Pool - 4%
● Auto Burn - 1%
● Charity Wallet - 2%
For JaiHo rewards, descriptions and pictures of the giveaway items need to be uploaded, and a claim must be made. Additionally, one can browse for items uploaded by others that may be of use. One can also earn JaiHo rewards whether one gives toys, clothes, gadgets, books, food, furniture, or appliances.
Products from the JaiHo E-commerce brand seek to benefit the environment and provide a better place for everyone. Still, it also affects the price and supply of JaiHo coins. The JaiHo team buys coins worth 1% of the product's profit from the CEO. The ecosystem burns these coins to maintain price and supply.
History of JaiHo (JAIHO)
Vikas Kumar and Ashutosh are the cofounders of the JaiHo project, which was launched in August 2021. In the JaiHo protocol, there is a maximum total supply of 500,000,000 JAIHO tokens.