At its core, the Geojam platform, a top Apple iOS application backed by Mariah Carey, 24kGoldn, Nyjah Huston, and more, was built to generate meaningful, passion-driven fan engagement. Rather than spending money on traditional advertising methods, Geojam places the power back in the hands of artists and creators, allowing them to share fandom with fans by creating a two-way value exchange – the more a fan engages with an artist, the more the fan is incentivized.
Currently, user engagement within the app is measured with Jam Points, which can be redeemed for rewards such as highly-coveted merchandise, once-in-a-lifetime experiences, and exclusive digital goods. Geojam will merge its existing point system onto the blockchain with the creation of a cryptocurrency token, $JAM. This creates the opportunity for token holders to use $JAM tokens to engage in various opportunities on the platform while increasing revenue for featured creators enabling fans to have a deeper level of gamification.
The $5.9 Million token pre-sale is still open but is 3x oversubscribed. The team is currently reviewing applications and assigning allocations to strategic partners. The token pre-sale will close by the 20th of October.
Join their telegram community: t.me/geojammusic
Learn more: https://www.geojam.com/