NFT RELEASE….Very soon!
While we are actively preparing the first digital NFT crypto-amulets, which will appear on the market in the near future, in this article, we want to share a little background on the development of JewCoin DAO with you.
Basics of JEW’s inception
Talismans, and amulets have accompanied us throughout history. Amulets are known in all religions, and most of us have always wanted to have some sacred object that plays a special role in the most critical moments of our lives. Very often, the power and magical properties of such objects are felt even by those who do not fully believe in them. Some are so keen on sacred objects that they wear them on their person or on their clothes, or keep them in their vehicles and houses and anywhere possible. It is also worth noting that one does not have to be a deeply religious person to believe in the effectiveness of talismans.
By the way, since primitive times, it has been customary to wear the remains of prey on one’s body because of the belief that this gives people the strength of the animal. Be sure to ask your close relatives how they feel about talismans and similar objects. You will most likely hear many mystical stories about cases where their favorite toy, chain, ring, stone, banknote, etc. saved them from material losses or even saved their lives. In all this, amulets are objects of positive action, which is the origin of the JewCoin ecosystem!
Formation of the JewCoin DAO ecosystem
Even in the era of modern computer technology, with the progressive development of blockchain and cryptocurrencies, sacred objects have not lost their relevance. Today, almost every crypto investor wants something that, at the right time, will attract good luck and financial well-being, give them confidence, and protect their wallets from unbearable losses. This may sound ridiculous, but it is also difficult to argue with it. It just so happens that business success does not always depend only on our abilities or physical impact.
Initially, JewCoin was conceived as a token endowed with the special power of a crypto-amulet, which can only be used in a fairly limited format. But as soon as the JewDAO team received support from Jews, respected rabbis, and a huge number of crypto enthusiasts, it became clear that the idea needed to evolve. We expanded the functionality, giving people more opportunities — financial and even educational to some extent. Now, the JEW token is the accounting unit of our entire ecosystem!
We are certain that JewCoin could be the catalyst for that sacred item that most investors and traders in the cryptocurrency market today lack. In addition, the team is inspired by the important fact that since ancient times, Jews have been proving the effectiveness of decentralization. The Jewish people originally make up a decentralized nation with various consensus mechanisms. The functions of the central Temple, which was destroyed, are now performed by synagogues, in which typically 10 Jews serve. In general, Israel can be considered a kind of beacon chain (allowing for proof-of-stake consensus) for a decentralized network of communities distributed all over the world. For this reason, JewCoin is deploying its functionality in the decentralized finance segment using the Binance Smart Chain!
The world’s first Digital Torah and NFT crypto-amulets
I would like to note that thanks to this initial idea, your support, and our desire to give people more opportunities and functionality, we have managed to implement the world’s first Jewish cryptocurrency concept. It consists of the archiving and tokenization of Jewish cultural heritage using blockchain technology, which includes the world’s first digital Torah on blockchain and the world’s first digital crypto-amulets, Digital Hamsa.
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