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JEDSTAR Announces Launch of Its 2nd Token $KRED, As It Aims To Tip The Scale In Favour Of A True Mass Crypto Adoption -Breaking

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© Reuters. JEDSTAR Launches $KRED 2nd Token

JEDSTAR is proud to announce launch of its 2nd Token “$KRED”. JEDSTAR is a revolutionary company that aims to change DeFi, GameFI and NFTs. It provides true utility as well as income opportunities and paved the way for Crypto mass adoption.

Since launched in 2009, believers in a decentralised monetary system believed that crypto would eventually replace or at least co-exist with today’s existing currencies. Only 4% of global citizens have crypto, and it is not used as a payment method.

In contrast, with the rise of mobile gaming, up to 40% of the world’s population could be considered at least casual gamers and we have seen the gaming industry generate over 170 Billion USD revenue in 2020 (double the revenue of the music and film industry combined).

JEDSTAR’s Arrival

There’s where the JEDSTAR team comes in, a team revolutionising DeFi, GameFi and in fervent pursuit of mass crypto adoption, and launching their second token $KRED in November.

JEDSTAR believes that attempting to get crypto adopted as a currency through the traditional financial path, would hit too many hurdles (whether psychological or regulatory) and that gaming, as a global phenomenon is similar to blockchain, in the sense that, it is still a relatively new space that is only just starting to explode – thereby offering huge potential for the future of crypto being adopted through games, as it is already a sector that is utilised by a demography that is technologically inclined, which lessens the learning curve.

JEDSTAR is convinced that GameFi, blockchain gaming, and $KRED are the key to mass crypto adoption.

Features of $KRED

1. A platform, and (will become blockchain-agnostic) currency. Meaning that not only will $KRED be the currency of JEDSTAR’s upcoming games, it will also be enabling game studios and developers to leverage their blockchain technology, to provide to their gamers true ownership of their in-game funds, as well as in-game rewards.

2. Marketplace: A service: Their Marketplace AGORA powered by $KRED will allow gamers to own in-game assets and purchases. This could transform the perception of ownership and increase the potential value of the assets.

3. JEDSTAR contributes to the community. We are not like gaming studios. Instead, JEDSTAR supports the backbone and core of the gaming community: gamers and content creators/artists. Gaming players own all assets in the game. They can also port the asset out of their platform or from ours. Content creators and artists get royalties every time an asset is sold.

4. JEDSTAR DECO $KRED: This token is part of a 3-token Decentralised Ecosystem, (DECO), that will enable artists and gamers to gain a better understanding and access financial services without any centralised intermediaries. It also allows them to earn an income via GameFi and Defi and take over the story of our games through our governance token.

What’s the Brain Behind?

On their vision, Josh Gier, JEDSTAR’s CEO highlights that:

”We believe that similar to what blockchain is trying to achieve with the financial system, it is time that we empower the people that are the backbone of the industry, in this case the gamers and artists.

It is through decentralization that we can take back the rights of gaming studios and offer true income and ownership opportunities for those who really fuelled the gaming industry.

And we believe that, unlike the financial industry, radical change and mass adoption is possible through gaming, and we strive every day to develop products, services, as well as educate our communities, to make this vision a reality.”JEDSTAR is a 3 token Decentralised Ecosystem (DECO), which launched their first token $JED in August 2021 and saw a price increase of 80,000% since. The company will soon launch their second token $KRED, their NFT Marketplace Agora, along with 2 blockchain games (one CCG and one MMOPG) and their Metaverse in 2022.

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Media contact

JEDSTAR Limited is the company

Contact name: Josh G

Address: Singapore

Email: admin@jedstar.app

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