J8T: A social currency for decentralized communities of influence

Since 2015, JET8 has been tokenizing the influencer marketing industry with its original social currency, JETpoints

JET8
JET8
3 min readMar 7, 2018

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Now, with the J8T Token, JET8 is primed for greater global accessibility, diversity, and service efficiency.

JET8 enables individuals to create value for themselves in a social media environment; allows brands and agencies to target, publish, syndicate and track the social life of branded content; and creates genuine communities by transforming the way brands & influencers interact.

The JET8 Token (J8T) is now fuelling the expansion of this system in order to open up and scale each users reach and potential to earn through decentralized peer to peer engagement, plus increased consumer opportunities including expanded IoT connectivity to convenience stores, supermarkets and retailers.

JET8’s mission is to become the standard solution for interconnected and decentralized engagement. Through products such as the Full Stack App (a bespoke social media application linked to major social media platforms) any stakeholder in the JET8 ecosystem has the opportunity to benefit from and be a part of this shift in social engagement practices.

Separately, the JET8 Foundation has been created, an entity responsible for developing improved technology and supporting the global awareness of, and access to Decentralized Engagement Networks.

With the introduction of the J8T token and by taking the numerous features of its existing software suite to the masses, JET8 will narrow the gap between communities and brands of all sizes, creators of mobile content, and consumers.

The Way We Were

Since its launch in 2015, JET8 was the first company to tokenize social influence by allowing top Fortune 500 brands to use social currency in order to reward influencers for peer to peer branded content.

In this space, JET8 stood alone in providing both a technology that rewards users (for creating, sharing, liking and commenting on content such as brand-supporting selfies), and provides redemption opportunities with products in the JET8 brand ecosystem.

Individuals are empowered by determining which brands they engage with, when and how, whilst brands are granted a more convertible audience and increased sales.

Retailers in the JET8 ecosystem.

Unilever, McDonald’s, Coca-Cola, Danone, Nestle, Heinz Company, Avon, Friesland Campina, Kimberly Clark, CellC, Watson’s and Pepsico are just few of the global brands already in the JET8 ecosystem.

The Stats

With an average ROI of 260% is achieved by brands using JET8’s Co2Co(Content to Commerce solution), they also enjoy the most complete data analytics dashboard in the mobile engagement industry today.

With more than 2 million branded selfies and videos published, 60 million engagements (likes, comments and shares) rewarded and over 20,0000 convenience stores already accepting the tokenized payment for consumer goods, JET8 has proven it’s system and is ready for the future.

The Future of Social with the J8T

Thus the J8T Token is ready to be utilized in an existing ecosystem of tokenized apps and services. As JET8 integrates onto the blockchain, it will expand to give millions of users, influencers, brands and communities their own decentralised social media apps and wallets. This makes branded content creation and user related data exchange transactions fair and accountable to all parties involved, enhancing the transparent and immutable qualities of the data it tracks and provides. (Whilst also supporting compliance with the GDPR coming into effect on the 25 May 2018.)

The J8T Token.

WHITEPAPER Democratising Influence © JET8 2018 www.JET8.io

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