Launched in August 2021, Jedstar’s token, JED, gained 500,000% in under four months with just 5,000 holders and a market capitalization of $28 million. Meanwhile, the project is preparing to launch its second token, KRED, a gaming and metaverse currency, whose presale slots open on Dec. 17, 2021, at 17:00 UTC. Amid all the excitement, the Jedstar team is hopeful it will help JED break its previous all-time high (ATH) of $1.13, similar to other decentralized finance (DeFi) tokens such as Terra (LUNA), which went from $0.5 in January to $75 in December despite Bitcoin’s (BTC) crash.
Jedstar consists of JED, a full DeFi token, and KRED, a GameFi currency, which are envisioned to lead the way to crypto mass adoption through GameFi.
After the announcement of KRED’s launch date a few days ago, JED’s price saw a rapid surge of 28% from $0.50 to $0.64 at the time of writing.
KRED aims to achieve similar status as other blockchain games and metaverses, such as Axie Infinity (AXS), which climbed to an ATH of $157 from a humble $0.15 in a few months, and The Sandbox (SAND), which surged over 160,00%.
KRED announced its in-game token for Jedstar’s play-to-earn gaming platform Stardome, which will host over 200 games and launch in January. It will also be the currency of two AAA games: a collectible card game in the same vein as Legends of Runeterra launching in 2022 and the first-ever meta massively multiplayer online role-playing game slated to be launched in 2023. Jedstar has also partnered with several established names in the art world who have previously done work for Disney, Magic the Gathering and Riot and who will be displaying their art on Jedstar’s own nonfungible token (NFT) marketplace, Agora.
Jedstar is a three-token ecosystem with DeFi, NFT utility and GameFi. The team is creating two blockchain games, a digital collectible card game and an MMORPG and believes it is an easy entry for mass crypto adoption.
Visit to Know More
Company: JEDSTAR Limited
Contact Name: Josh G