AI concept coin JustJoking Can you make money by telling jokes?

Can you profit from humor? Introducing JustJoking, the AI-based cryptocurrency that turns your jokes into cash!

The past two years of the crypto bear market have dealt a significant blow to investors. Typically, hardcore crypto enthusiasts prefer projects with solid technical foundations and growth potential, scoffing at projects that rely solely on community consensus.

However, with the recent craze for altcoins and the upcoming Bitcoin halving in 2024, some users are speculating that a bull market may be on the horizon, which means the stage might be set for altcoins (many of which may be junk coins). This article will explore a relatively new cryptocurrency called JustJoking, which uses artificial intelligence and joke writing to cultivate the community.

There isn’t much public information available about the release of JustJoking at the moment, but its Twitter/X accounts were created in May 2023. The official website claims that this token is the “most joyful community in the Web3 world” and aims to reward users for posting jokes. Users can connect their Ethereum wallets to JustJoking.ai and post jokes on the forum. The jokes will be scored by the GPT-4 Turbo 128K artificial intelligence, as seen in GPT-4 Turbo 128K.

Although this scoring model may have many errors or issues, it is stringent enough to identify and evaluate jokes on the platform, while also preventing the same joke from being repeatedly posted. After posting, anyone can like, dislike, or comment.

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JustJoking token adopts a unique and interesting distribution model that revolves around community participation. The total supply is 888,888,888,888,888 tokens, with 80% allocated to users. Token distribution starts from the project launch and will continue daily, with 200 billion tokens being issued on the first day. Following a 30-day cycle, the daily issuance of each subsequent cycle will be 90% of the previous day’s issuance until all tokens are distributed.

Users must post more than 20 new jokes daily and have at least 20 people participate to trigger the daily issuance. This ensures that most early users cannot monopolize the platform. Half of the daily tokens are rewarded based on joke rankings, with the top-ranked joke receiving 12%, the second-ranked receiving 6%, the third-ranked receiving 4%, and the fourth to tenth-ranked jokes each receiving 2%. The remaining 14% is distributed evenly.

Engagement is also rewarded, with 30% of daily tokens being distributed among comments, likes, and views, with each category accounting for 10%, and only the top 5 benefiting. Additionally, 20% of the daily tokens will be allocated to those who invite new users, with an even distribution between the inviter and the invitee. As the JJ project is in its early stage, there are many opportunities to earn millions of tokens by referring others to the website.

The daily token limit for each individual wallet is restricted to 50% of the daily issuance to prevent a single user from controlling too much of the total supply.

Compared to other models like Pepecoin or Shiba Inu, the tokenomics of JustJoking are very interesting, fair, and attractive. Anyone can start earning JJ tokens and having fun by being active on the website and participating in the community.

In this modern life, humor being monetized and commercialized is a unique experiment facilitated by blockchain.

In addition, since only a small number of tokens are allocated each day, the inflation rate of the tokens will decrease over time, and there will not be a large release of tokens that negatively impact the price.

Although it is not yet clear whether JJ tokens will be widely adopted, they could become a reputation source for comedians in Web3. The more tokens you have, the funnier you might be considered. Furthermore, it can also be used for token gating within the community, allowing only the most humorous individuals to interact with others. Since the tokens are based on the Ethereum blockchain, anyone can create their own ecosystem around it, and the free rewards to joke publishers ensure an active community, participation, and expectations for the project.

There are already hundreds of English and Chinese posts on the JustJoking website, and the community is beginning to take shape. Although it still needs time to be tested, think about it: sharing a few jokes, having fun, and maybe earning some tokens (what if they increase?), why not? Moreover, the combination of AI and blockchain is a highly trending topic now, so JustJoking might be the start of innovative technological interactions.

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