Joost.energy: The first renewable energy token in Smart bch

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Well apparently even though I am not actively writing this month, I still invested in some of the smart bch tokens hoping to get more bch. But quite frankly, investing in crypto doesn't mean you'll get an instant profit. 

One of which I have spent my precious bitcoin cash on is into the JOOST token project. If you haven't had any idea with this token. Allow me to give you an introduction.

Joost.energy Token is a former slp token named renewable cash and the project aims to reward businesses and individuals who use and provide clean energy.

Undoubtedly the idea of a real life use case using renewable energy is quite an impressive one. As I can see the future is aligned towards further development of renewable energies as the gas and coals would later on not suffice the need of the world population or might cost a lot higher than today. Especially the growth and development of third world countries is evolving day by day.

But since people aren't ready for that yet there has been a lot of price decline in terms of monetary value of the token.

From the first day it launched since March 17, it has not yet recovered. So I am still looking for something remarkable before investing again. As you can see the price is slowly building, but it is because of the price increase of Bitcoin Cash and people slowly buying in.

So what is the recent activities regarding Joost?

Today I have visited the telegram group where most of the events are being announced. If you want to be updated too you can join by clicking this link.

They have announced that the first reward scheme will be held at April 5th, and application is now already open. The schemes aims to attract new investors into crypto by rewarding them by Joost sep20 token.

So if you have your own solar system running on your own you'll just simply apply and you'll be rewarded depending on the kwh that your solar system could produce.

Was it good to invest on Joost?

That I cannot say yet but I am a fan of innovation so I'm quite invested on this token. But if you are looking for an easy money well this isn't for you. There's a lot of work needed to be done before we see the success of this token.

Looking at the white paper I am still confused on how will it become viable in the long term.

But if it will help other people noticed Bitcoin Cash by means of renewable energy and free token, it will still benefit me.

How is my investment so far?

Well I have invested during the presale and when I saw it went down, I bought the same qty of my initial investment value for the 2nd time and now its bitcoin cash value is half of my total investment. And probably to some of the investors too.

The liquidity is too little so yeah. One of which I miss to look on their whitepaper. Really sad. But that is the risk of investing. Its very very risky.

I'm looking forward for a farm so I would be able to earn with my joost token while I hold them, if the price would be steady for a long time.

And it is not only Joost that went down. All of my other investment went down since February. Looks like someone made a lot of BCH and is securing more BCH for the next bull run. And my precious bch goes to that wallet too. 😆

How about you? Did you also invest on Joost token? What are the things you are looking forward to the token? And what are your expectations?

Disclaimer.

This is not a financial advice. All of the above messages are purely base on how I view the token and some of the updates from their social media platform. I am not affiliated with any of the developers.

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Hi All! Thank you again for reading my article! ;)

See you on the next one! If you are updated on other investment platform. Let me know! I am happy to learn, try and earn! Let's get rich!

Thanks to American Public Power Association @publicpowerorg for making the lead photo available freely on Unsplash 🎁 https://unsplash.com/photos/XGAZzyLzn18