Jon Matonis joins JET8 advisory team

Press Release from 28.1.18 announces the addition of the Bitcoin Foundation Director to JET8’s team of advisors

JET8
JET8
3 min readMar 7, 2018

--

This week JET8, a leader in social engagement innovation, announced the launch of their new utility token, the J8T. Singapore-based JET8 has spent the last 4 years transforming the influencer marketing industry with their tokenized social engagement platform, fueled by their proprietary social currency for peer to peer influence.

With over 4 billion JETS already in circulation, JET8 is now positioned for global accessibility and diversity, allowing influencers and brands of all sizes to benefit from a decentralised ecosystem of peer to peer communities. In essence, JET8 has been allowing brands to compensate micro-influencers using tokens long before the recent ICO craze.

JET8 has capped the ICO at 36M USD, with 30% allocated for pubic sale at .10 USD per J8T. With the public sale date to be announced February 9th, pre-sale of the J8T Token is complete, having already secured over 70% of the total token sale goal.

Today, Jon Matonis, Founding Director of the Bitcoin Foundation and major influencer in the ICO world, announced his decision to join the team of JET8 advisors. Jon serves as an independent board director to companies in the Bitcoin, the Blockchain, mobile payments, and gaming sectors and as a prominent fintech columnist with Forbes Magazine, American Banker, and CoinDesk. As such he is well acquainted with the current glut of token launches, meaning his decision to support the J8T puts the Token in a different league.

Other advisors driving the launch include industry heavyweights Uriel Peled (CEO of Cointree Capital), Eyal Herzog (Founder of Bancor), Sefi Golan (CEO of BlockchainIL), Roger Lim (Co-founder of WebVision), as well as JET8 founding team members Joshua Thomson, CSO (formerly Marketing Director APAC at FC Barcelona), Shannon Cullum, CMO (formerly CEO of Saatchi & Saatchi Singapore), Mike Allen, CCO (formerly of Naspers), and Victor Zabrockis, CEO.

JET8’s platform, products and services allow brands and agencies to target, publish and track the engagement of peer to peer branded content, via selfies with sponsored frames and stickers that are shared via JET8 apps to social media platforms such as Tumblr, Facebook and Instagram. Through a tokenised social engagement ecosystem, relationships between brands and users become reciprocal, and highly valuable to both parties.

To date JET8 has worked with leading multinationals such as Nestle, Pepsi, Coca Cola, Danone, Avon, Friesland Campina, P&G, Unilever, Indofoods, and Heinz Group to utilise the JET8 ecosystem in order to engage and compensate users for social influence.

Currently, JET8’s biggest app, Fotoku, boasts over 15 million app installs and over 1.5 million users across the Philippines, Indonesia, Vietnam and South Africa can trade in JETS for products at 20,000 points of sale (including 7Eleven, CircleC, and Watson’s). The initial coin offering will scale the use and value of the J8T Token to a global audience. The result is a win-win for everyone involved — a token on a proven, multi-million user social engagement platform, accessible to anyone, anywhere.

As JET8 continues to scale, in part through the integration of the blockchain, their App as a Service, known as the JET8 Full Stack App (FSA), provides brands and individual influencers their own customised app in which to host their own communities, communicate with their followers, carry out campaigns, and sell directly to consumers.

With a reach of over 391 million mobile social accounts, increased earning potential and data ownership for influencers, the platform is seeing steady upward growth. The introduction of the J8T Token will serve to further democratise influence and expand a decentralised ecosystem of social engagement for a more competitive, transparent and diverse marketplace.

For further information about the JET8 team go to www.jet8.io/team

--

--