Joe-Yo Coin is an innovative crypto project that leverages none-fungible tokens (NFTs) to address a pervasive societal concern. The primary aim of the project is to encourage children and adults alike to shift their attention away from their smartphones, focusing instead on the benefits and joys of outdoor activities and sports. The project has found its foundations in the alarming statistics that point towards the dangers of excessive smartphone use, such as the higher likelihood of accidents due to texting while driving.
Structure of the Joe-Yo Coin
At its core, the Joe-Yo Coin is a BEP20 (BSC) token, which introduces a unique taxation system on each transaction. A total of 10% is deducted from every transaction, split into different categories to promote efficiency and value distribution.
Token Distribution
In the devised scheme, 5% of the taxation from each transaction is awarded to the existing token-holders. This system incentivizes the token holders, enriching their crypto assets and ensuring their loyalty towards the project.
Marketing and Burn Address
Simultaneously, 4% of the transaction tax is allotted for marketing purposes. These resources help in increasing the project's visibility and reach, extending its message to a wider audience. The remaining 1% is directed towards the burning address, aiding in the regulation of the coin's supply.
Security Measures
Ensuring the token's security, the developers have locked the liquidity of the Joe-Yo Coin on PancakeSwap until August 2023. This measure ensures the stability and reliability of the token, instilling confidence in potential investors.
The Future Ahead
Overall, the Joe-Yo Coin presents a dynamic approach towards the intertwining of societal awareness and cryptocurrency. By inspiring a shift in behavior and mentality via monetary incentives, the project hopes to introduce a healthy balance between digital and physical engagement in our daily lives.
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