As the crypto bull market kicks off a new coin is quickly emerging on the scene, JetBolt. JetBolt is a new kind of cryptocurrency that hopes to disrupt the Web3 space by addressing key shortcomings of existing technologies.
JetBolt has risen meteorically selling over 100 million tokens in a very short period of time. With FUD occasionally surfacing online, we thought we would take the time to deconstruct and analyse the JetBolt project and answer key questions about the token.
What is JetBolt and Why Should I Care?
JetBolt is a new altcoin built on top of the Skale blockchain. It allows its users to transact seamlessly on-chain with zero gas fees and comes packed full of features. Yes, that’s right ZERO GAS!
So what does that mean and why should you care? In the last crypto bull run many new decentralized applications and projects were born. However, things quickly came to a head when users experienced surging gas prices that could cost hundreds of dollars and extremely slow transaction speeds. By eliminating this key hurdle, JetBolt hopes that developers will choose JetBolt to launch their dApps.
JetBolt is also addressing other hurdles in Web3, namely the difficulty for new users to learn new concepts and use complex tools. JetBolt has completely redesigned the wallet experience simplifying the entire user experience by allowing users to use familiar technologies like FaceID for authentication.
Is JetBolt Legit?
Yes, JetBolt is legitimate. JetBolt’s smart contracts and wallet system have been audited by SolidProof, a well reputed third party blockchain security company. JetBolt also went the extra mile here, commissioning SolidProof to unit test their contract ensuring they behave as expected and are bug free.
JetBolt is also deployed on the Skale network. The Skale network is a permissioned blockchain so not anyone can deploy there without undergoing substantial scrutiny. In addition, JetBolt received a grant from the Skale foundation, signalling its desire to become a key utility provider on Skale’s ecosystem.
If, like me, you’ve tried out JetBolt’s web app and wallet, you will see the immense amount of work that has gone into it. JetBolt is an exciting and interesting project worth taking seriously.
Wen Moon: Is JetBolt the Next Big Thing In Crypto?
JetBolt wants to usher in a new era of gas-free ultra user friendly decentralized applications. If JetBolt is able to obtain a critical mass and onboard key dApps, it will certainly be a force to reckon with.
The blockchain is still highly underdeveloped. One of the reasons why could be the substantial barriers to entry and friction involved. By addressing these key issues, JetBolt could be a significant driving force for adoption this bull run.
However, JetBolt is relatively new and still has a modest user base. You can view this as an opportunity to get in early or approach it with caution. We’re not here to give you financial advice, but every cryptocurrency, even Bitcoin and Ethereum had to start with a single user.
What Are JetBolt’s Key Features?
JetBolt was engineered to power the next generation of cryptocurrency applications. As such most of its features are designed to reduce friction and make every part of your blockchain journey as easy as possible. Below is our list of our favorite features:
- Zero-Gas Lightning Fast: Transactions on JetBolt cost zero-gas. They are also super fast, being finalized on-chain almost instantly. This feature is really handy and could save frequent users substantial amounts in fees.
- JetBolt Wallet: JetBolt has its own wallet and it’s like no other crypto wallet out there. It works entirely on the web so you don’t have to download anything. The wallet works directly with your device’s in-built authentication system making it super easy to use.
- Attendance Based Staking: JetBolt wants to build a vibrant community of holders. It’s doing this with its staking feature that rewards holders that are the most active on their platform. In addition, the staking gives additional rewards to users who connect with friends and grow the user base.
Conclusion
JetBolt is a fast growing and exciting new crypto project. It is quickly gaining momentum thanks to its well built product and disruptive features. It is far too early to tell if the project will become the next big thing in crypto, but the project holds great promise at this early stage.
If you’re interested in following the project further, you can explore the project links below:
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