2023, February 10

JumpTask Monthly Report #1: January 2023


JumpTask presents its first monthly report of 2023, showcasing the various achievements and events that took place during the month. 

January 2023 was a great start to the year for JumpTask as the team accomplished important goals, formed new alliances, and marked the 1-year anniversary of their gig economy project. 

Continue reading to learn what made January special, and how the next month will take JumpTask further into Web3 space.

Key Events

1. Winter Quest Contest

The contest for the $25,000 $JMPT Prize Pool is still ongoing. Throughout the month, four new quests have been introduced, with participants splitting 125 $JMPT each week and earning OAT NFTs for free.

Winter Quests will continue until the end of February, with five participants each still having an opportunity to win $25 $JMPT every week.  At the conclusion of the contest, those who held staked $JMPT will divide the main Staking Prize Pool.

Join the Winter Quest contest on Galxe here.

2. New Website

JumpTask has launched its newly revamped website, providing users with all the information they need about the project, its objectives, and its achievements. The improved design and advanced features make it easier for users to navigate and locate information swiftly.

3. Signing a New Partner

The JumpTask team has established another partnership with a worldwide offer provider, AdGem. Users of JumpTask can now access various offers from AdGem in the Offers section of the dashboard.

AdGem is now the fourth offer provider on JumpTask, alongside AyetStudios, Offertoro, and AdGateMedia. As the JumpTask platform continues to grow successfully, the company has plans to secure more partnerships throughout 2023.


Key Figures

JumpTask experienced substantial growth in January 2023 with 210,000 new users joining the platform. This growth resulted in a notable accomplishment, as JumpTask surpassed 2 million members worldwide since its launch a year prior, in January 2022.

The price of $JMPT was higher in January at $2.34, maintaining stability compared to previous months. You can access the complete performance of $JMPT’s price by pressing here.


JumpTask Platform Development

Partial Staking has been introduced, enabling users to stake $JMPT in smaller amounts after joining the pool. For instance, after staking 10 $JMPT in the Starter Pool, users have the option to stake 5, 2, or even 1 $JMPT, allowing for quicker accumulation of rewards. You can read more about this new feature here

Partial Withdrawals were also launched, enabling investors to withdraw part of their staked amount, increasing flexibility of their staking experience.


Cryptocurrency Market Overview

The cryptocurrency market saw an overall increase in January 2023. Bitcoin, the largest cryptocurrency in terms of market capitalization, rose from approximately $16.6k to $22.8k, representing a substantial increase of 37.3%. This was attributed to increased investor confidence as inflation moderated in 2023.

Despite this, economic uncertainty continues to persist, and fluctuations in both stock and cryptocurrency markets are expected to occur throughout the year. Nevertheless, all major cryptocurrencies are holding up despite the difficult economic conditions.


What's Next?

On February 9, 2023, $JMPT is listing on BKEX centralized exchanged! This move will not only help in attracting new people to the platform, but will also open doors to future CEX listings. Make sure to follow JumpTask journey as it moves the global gig economy into Web3.

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