PARIS — Jacquie et Michel has announced the launch of new cryptocurrency Jimizz (JMZ).
The Jimizz token will be initially available on the Binance Smart Chain (BSC).
The company is promoting Jimizz as “the cryptocurrency that solves today's problems” in the adult sector, including the encroaching limitations advanced by the traditional banking sector, fighting minors' access to sexually explicit material and confidentiality related to the access and purchase of adult content.
“It is to solve these structural problems and give new impetus to the sector,” a rep told French crypto site Au Coin du Bloc.
Jacquie et Michel — a marquee studio in the French market, alongside Dorcel — is counting on its millions-strong Francophone customer base as potential adopters.
The Jimizz token can be deposited in the Livret X (X Notebook), a smart contract on the blockchain. Based on the idea of “staking,” the Livret X will allow holders to participate in DeFi.
The Jacquie et Michel crypto ecosystem also includes Club 69, a closed club that requires holding one of 69 NFTs gradually put on sale on the NFT marketplace.
The NFTs will allow buyers to earn a percentage on purchases of services in Jimizz within the J&M ecosystem, to obtain unlimited access to all of the group's websites, and other bonus benefits.
Expansion plans also include a collectible card game known as K-hard Game which will allow creators to directly offer and monetize their own content.
Another feature is “Crowdfunding with Cum-unity.”
“Similar to crowdfunding sites,” the rep explained to Au Coin du Bloc, “a model can, for example, offer the community [the chance] to finance one of their videos and set up incentive levels. This will allow holders of the Jimizz cryptocurrency to support content creators and participate in the ecosystem. With such a system, creators will no longer need to rely on banks to start their activities. In addition, Jacquie et Michel will be able to buy the most popular content and offer it on the sites they own.”
For more information, follow Jacquie et Michel’s Jimizz on Twitter.