JAFO Trading Club

JAFO is a reward token. It is a club in the sense that your purchased funds are not used to trade with. Holding it gives you access to reward gains as a club member from a trade desk that is set up.

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Inspiration

We were inspired to build this project due to being apart of scam projects that lacked transparency and commitment to holders. Also to give people a way to be a part of trading with out trading themselves.

What it does

A trade desk was setup and any gains are shared with JAFO club token holders.

How we built it

Right now it is built just using the TRC20 token and sent out manually, as we grow will develop automatic reward payment contracts, and potentially an AI trading algorithm.

Challenges we ran into

Market conditions and having one trader. Another challenge is when a stock/s is purchased and held on to for a longer period of time it ties up funds to be traded with.

Accomplishments that we're proud of

We started in Nov 2021 and have been testing the system with a small group of holders. We have not marketed it. We wanted to establish a good transparent system. We have had a few bad weeks trading but have always had a positive monthly outcome.

What we learned

We learned that collaborations with projects will be needed to grow.

What's next for JAFO Trading Club

Future plans include second trader if portfolio growth warrants it. Possible NFT migrating into the project to grow trade desk funds and allow NFT holders access to JAFO. Build an AI trading algorithm by brining on a developer.

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