Crypto prices are on the rise once more, and investors are once again seeking out new coins to invest in. There are many excellent projects that hold great potential, and will possibly rise to the top in the future. Investing in such coins early can lead to great profits.
Of course, this optimism regarding token sales is not constant, and the crypto winter that struck the market in 2018 severely damaged the industry. The most popular token sale model, Initial Coin Offering (ICO) was nearly extinct, due to skepticism and lack of trust in new coins.
With the number of scams and weak projects that had cost investors a lot of money, this is not very surprising. However, the times are changing once more, and this time — it appears that the change is for the better. New ICOs are emerging, and new projects are capturing the investors' interest. One such project is Jullar, which is holding its extremely long ICO right now.
Jullar is a new platform for liquidation of coins introduced by scam ICOs, popularly called 'Shitcoins.' It is also a platform that plans to hold tournaments for coin holders, as well as for blockchain technologies of open ICO project checks, and for interaction with the massive blockchain community.
The basic idea behind Jullar is the creation of a massive community, a collective unification that will be able to solve various problems which are becoming more and more often. Crypto and blockchain investments are still in their basic, raw form. As such, losses are far from rare, and experiencing them can discourage a lot of people from further participation.
Jullar aims to change that, by allowing the liquidation of Shitcoins and compensating investors in small amounts of Ethereum. It is an ecosystem that wishes to bring relations and motivation to a new level, by rewarding investors, developers, and all other participants in the crypto space.
As mentioned, Jullar's ICO is currently on-going. The project had its pre-sale back in 2018, which was not exactly the best time to hold anything ICO-related. The pre-sale took place from August 20th to September 8th, and it had a token supply of 100 million units.
The token, known as JUL, entered its ICO immediately after the pre-ICO period was over, on September 20th. However, the ICO will be a long-lasting one, with its official end scheduled for January 13th, 2020. The token supply for the ICO itself is much larger, sitting at 850 million JUL.
JUL is designed to be a utility token — one which can be obtained in exchange for Ether (ETH). Its current price is $2.7399464 per token, and anyone can purchase it, with no restrictions.
The project is based in Belarus, and it is developed on Ethereum's platform, which makes it another ERC-20 token. It has set up a soft cap of 65,000 ETH, and a hard cap of 2,553,700 ETH. Meanwhile, the total supply of the coin is 1 billion units.
As always, investors looking to buy this, or any other coin, should first make sure to go through its white paper, and thoroughly examine every detail of the project. While the ICO appears to be completely legitimate, it is always better to be sure and to know what you are investing in.
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|Start||September 20, 2018|
|End||January 13, 2020|
There is no need for me to convince anyone here that Jullar is a shady project that is highly unlikely to come up with a real product. But the idea described by Jullar is interesting at its core. What if the crypto community had some kind of a relief fund for those bought sh*t coins and now don't know what to do with them. I agree that it sounds kinda utopian, but I really feel sorry for those who lost tons of money after buying these coins, so maybe that would help them.
DobbiezSock February 13, 2021 Reply
What's the point of exchanging some shizcoin for "small amounts of ETH" if one can easily do it on some backwater exchange, and probably get a bit more in return. If you got owned by the 2018 bear market, nothing will truly console you, especially a tiny compensation in Ethereum. Moreover, the prospective Jullar members should ask themselves what this startup stands to gain from buying bad coins en masse. I don't see any logic in that, apart from some shady dealings.
FortyN1nety September 6, 2020 Reply
I have been reading the review over and over, but couldn't fully grasp the concept of Jullar. Does it help people to get rid of shitcoins? Or is it striving to establish a self-help cryptocurrency community? There is no clear explanation of what they stand to gain from liquidating the obsolete coins. All in all, Jullar made the impression of a startup that was made just for laughs or as a slick coinbate. Their offer doesn't resonate with me at all.
Green Dragon January 25, 2020 Reply