New JellyJelly App Offered a Sweet Start, Founder Says Founder: Solana Meme Coin

Iqram Magdon-Ismail, a Venmo co-founder, told that the start of the Solana image gold, JELLYJELLY in January sparked subscriptions for an application and a group to form even though it dropped 98 % from its all-time great.

JellyJelly, which debuted on Pump almost two decades after its design. Fun will soon be incorporated into the software. &nbsp,

After being tied to the still-developing AI-powered podcasting app of the same name, JELLYJELLY climbed to a$ 250 million market cap. However, there were no clear guidelines for how to use the token, which has since been reduced to$ 6 million.

The JELLYJELLY coin will soon be integrated into the game, according to Magdon-Ismail, who claims that the meme coin launch was a top marketing tool to reach out to a wider audience.

In a day, Magdon-Ismail reported to ,” we got 10,000 subscriptions.” It created an outstanding level of awareness. I must admit that I never considered using this meme-coin world for promotion, but it’s starting to become very apparent to me.

JellyJelly is largely Twitter but for panelists, allowing users to record complete episodes on the app before having them clip them and post them using AI. Users can sign up for and download the app, but the content is not yet complete.

Meme coins are used as a selling tool, according to Sam Lessin, an investor in the app because they instantly draw a large crowd of eyes who are looking to make a quick profit on the token. Some of these investors may develop genuine interest in the product that drives the fanciful business by doing this. JELLYJELLY currently holds 34, 275 holder records at the time of reading. Back in January, this number was probably much higher.

” Out of all of that, I think there is a real team of like two to three people in our Discord and Telegram communities who truly believe in the product,” Magdon-Ismail said. ” If you open the Jelly supply today, I may say that 50 % of our users are people who hold the coin,” said one person.

A joke coin has also been used as a form of advertising in other projects, such as Pythia, a Russian study lab. Similar to how AI initiatives like Truth Terminal have used related image cash to finance the development of the job, Lessin says he isn’t convinced that JellyJelly will survive in the future.

He smiled and said,” My personal take is: eh.” That’s being taken out of one’s bag in a zero-sum situation, and I simply don’t think that feels wonderful. I’ll be very receptive to it in the future, once more.

With no clear ideas on what to do with it, JELLYJELLY debuted and was mostly off emotions and joy. Its lack of clarity combined with micro downward pressure sent it plummeting. However, Magdon-Ismail claims that since its initial release, the token’s strategy has advanced considerably.

The plan has [developed ] very quickly and obviously,” he said. The ability to verify and validate ownership of the coin, as well as how much of the coin you possess and how much you’ve held it, is the first feature we’re adding to the app. You receive a small Jelly gold emblem after you do that.

A local JellyJelly wallet, similar to the Telegram wallet, is in the works to allow you to give and get tips on the program in addition to this development. While Magdon-Ismail is positive that this feature will be released” soon,” he he fears that there will be any “hard time” on it.

The team intends to use information details related to JELLYJELLY in the future, including the number of tokens held, tipped, etc. —to identify what material is delivered to users by the platform’s algorithm. This is just one of several “experiments” JellyJelly intends to use once the gift is integrated.

” We don’t have to get it right the first time,” says the statement. We’re going to experiment a little bit with it, Magdon-Ismail said. Over the coming months, we’ll experiment with different ways to use the coin to existing content.