Jollywhale
Jollywhale is a cryptocurrency project on the Solana blockchain that combines meme token culture with a mission for real-world impact, focusing on marine conservation. It uses its native token, JOWH, to support charitable causes via transaction taxes and aims for interspecies communication by 2026. [1] [2]
Overview
Jollywhale positions itself as a meme token with a purpose, seeking to bridge the gap between the community-driven nature of meme cryptocurrencies and tangible positive impact. The project's vision is described as creating a world where "laughter, connection, and compassion converge," aiming to build a global community that supports charitable efforts while participating in the crypto market. Its mission is to make waves in both the crypto space and the world by channeling community energy towards impactful causes, specifically mentioning marine conservation. The project states a long-term goal of achieving interspecies communication by 2026. Jollywhale is built on the Solana blockchain, leveraging its ecosystem. [1] [2]
Tokenomics
The native token of the Jollywhale project is JOWH. The tokenomics structure outlines the total supply, allocation across different categories, and vesting schedules. The project also details several utilities for the JOWH token within its ecosystem.
Allocation
The total supply of JOWH tokens is 10,000,000,000 (10 billion). [1]
The token allocation is distributed across several categories with specific vesting schedules:
- Airdrops: 5% (500,000,000 tokens). Vesting includes 20% at Token Generation Event (TGE) and 20% unlocking every alternate month thereafter.
- Incentives & Rewards: 10% (1,000,000,000 tokens). Vesting includes 0% at TGE, followed by a 4-month cliff, and then 2.632% unlocking each month for 38 months.
- Teams & Advisors: 5% (500,000,000 tokens). Vesting includes 0% at TGE, followed by a 9-month cliff, and then linear unlocking over 15 months.
- CEX, Liquidity, Staking, Burn: 80% (8,000,000,000 tokens). Vesting includes 25% at TGE, 10% for the next 3 months, and the remaining 1% each month until the 48th month. The liquidity in the largest pool is stated to be fully and permanently locked. [1]
Utilities
The JOWH token is designed with several utilities:
- Governance: Token holders may participate in governance decisions.
- Burn: Mechanisms are in place for token burning, potentially reducing supply over time.
- Staking: Holders can stake tokens to earn rewards.
- Sustainability Tax: A portion of each transaction is allocated via a sustainability tax, intended to support the project's mission and charitable donations.
- Incentives & Rewards: Tokens are allocated to incentivize participation and reward community members. [1]
Confirmed Partnerships
Jollywhale has announced collaborations with individuals known for their involvement in conservation and business.
Confirmed partners include:
- John Paul DeJoria: Co-founder of Paul Mitchell hair products and Patrón Tequila, noted for his support of marine conservation efforts. [3]
- Captain Paul Watson: Founder of the Captain Paul Watson Foundation, known for his marine conservation activism. [4] [5]
The project launched on the Raydium Protocol, a decentralized exchange on the Solana blockchain. [6]