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How do I earn XP?XP is a reward system that tracks and rewards users for their activity on JPG Store. Purchases and sales from eligible NFT collections earns XP for the participants. For each transaction, buyers earn XP equivalent to the amount they spent in ADA. Sellers earn XP based on the value of the item they sold. Example: NFT is sold for 500 ADA. The buyer receives 500XP and the seller receives 500XP.
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What are JPG XP Seasons?A Season is a period of time designated for earning specific rewards and participating on ranked leaderboards based off your activity on JPG.Store. The season leaderboard & seasonal XP will be reset at the beginning of each season. Season 1 starts on July 10th, ends on August 31st, and its theme is Double XP. All mechanisms of earning XP during this season will yield double rewards. Season 2 started August 31.
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What can I do with XP?Eligible users can exchange XP for $JPG at the end of each season. Please visit the JPG Foundation website to verify the total amount of $JPG you have accumulated.
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What is the $JPG Policy ID?681b5d0383ac3b457e1bcc453223c90ccef26b234328f45fa10fd276 https://cardanoscan.io/tokenPolicy/681b5d0383ac3b457e1bcc453223c90ccef26b234328f45fa10fd276
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How to participate in Zealy Quests for XPAll quests done before August 31 18UTC will count toward Season 1 XP, any quests done after August 31 will count toward Season 2 XP and end date is currently TBA. Join the Official JPG Store Zealy: https://zealy.io/c/jpgstore/invite/5fX3xGstxwrdl5oV3RnyS Set and save your Cardano wallet receive address inside your JPG Store Profile settings: Go to your Profile inside of the JPG store Channel Copy Receive Address from your Cardano wallet (Support Wallets) Paste and save the wallet address so future quest XP goes to that wallet
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Do ALL collections earn me XP on jpg.store?Earn rewards/XP for activity on JPG In general, Yes. but there are a few things that mark a collection ineligible for earning XP: Starting with Season 1, You will NOT earn XP on collections that are: Flagged as Rugpull or Inactive Have 0% Royalties (unless collection is whitelisted at bottom of page) Not Verified on JPG.Store All 'ineligible' collections will be clearly flagged with the "NO XP" badge
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Do I earn XP for my past transactions before Season 1?Yes, the XP system considers all your past transaction history on JPG Store, including purchases and sales made before the introduction of XP. If you traded on a collection prior to Season 1 that later got labelled a Rugpull, you would still be rewarded the XP for that past activity.
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When can I convert my XP to $JPG?XP can be converted to $JPG at the end of each Season via the JPG Foundation. The first conversion window will be available sometime after Season 1 ends on August 31st 2023. Claiming information and dates will be provided by JPG Foundation official channels and the JPG Foundation website. Any XP earned after Season 1 ends, will be added to Season 2. More information to come on the details for Season 2.
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Can I track my XP progress and see how much XP I have earned?Yes, your XP progress will be visible on your Rewards Dashboard. There you can also see your total accumulated XP and track your ranking on the season and all-time leaderboards.
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How often is XP updated?XP is assigned as the transaction is confirmed on chain. This can take anywhere from a few seconds to several minutes, depending upon blockchain load. XP earned from Zealy Quests are added before the current Season ends - this XP is not updated instantly after completing a quest.
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Zealy XP does not show on JPG Foundation websiteIf you did the quests AFTER 8/31 1800 UTC, you will receive your XP after season 2 is over. If you added your Cardano wallet AFTER 8/31 1800 UTC, you will receive your XP after season 2 is over. Season 2 end date has yet to be announced.
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Can I transfer or trade my XP with other users?XP is a personal reward system tied to your individual stake key. It cannot be transferred or traded with other users or other wallets that you might own.
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Does XP come from any sources outside JPG Store?Only NFT transactions conducted on jpg.store’s Smart Contract will reward you with XP. Any transactions conducted on other marketplaces' smart contracts, current or historical, will not contribute to your XP rewards. One other way to earn XP is through JPG.store's Zealy Campain which can be found here
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Can I report suspicious activity?Yes. In order to help detect and prevent abuse, wash trading, disingenuous activity, or other malicious activity, profiles reported for engaging in such practices may be flagged, have their XP removed, and no longer earn XP. There will be a simple process for anyone to report suspected wash-trading/abuse, and JPG Store will review every case and decide if action is needed. These actions will be taken with extreme caution, and community input will be considered.
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All Season 1 TweetsBelow will be a link to all Season 1 related tweets in one spot: Season 1 LIVE July 10th Tweet Season 1 Extension to AUG 31 Tweet Season 1 10d Season End closeout reminder Season 1 Earn Extra XP through Zealy Platform
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Where can I read more about $JPG?You can find more information about $JPG Tokenomics, or visit the JPG Foundation official site.
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How much XP is equivalent to 1 $JPG?The public information does not yet include the XP/JPG ratio, which will vary each season.
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Will the initial 50 million tokens for Season 1 have a vesting schedule?No, the 50 million tokens will be in the claim wallet without vesting when the time comes. You can find further vesting information on the JPG Foundations official website.
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Is the first allocation of 50 million tokens only for Season 1 holders?The allocation is for both season 1 and historical participants.
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What are the special rewards for top leaderboard participants?Details about special rewards for top leaderboard participants will be made public soon.
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Can you combine XP from multiple wallets?No, you cannot merge multiple wallets XP to impact the leaderboard. XP is tied to the wallets unique stake key. It's recommended to use one wallet for climbing seasonal leaderboards.
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Where can I connect my wallet to see how much XP I have to claim?The ability to connect your wallet on the JPG Foundation official site is now available! Head over and check out your rewards for Season 1!
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Is there a limit to the amount of XP I can earn?There is no limit to the amount of XP you can earn on JPG Store. The more transactions you engage in, the more XP you accumulate and the higher your climb on the leaderboards.
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What is the total token supply for $JPG?You can find all token information on the JPG Foundations website.
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Will XP earned after Season 1 ends contribute to all-time XP?Yes, XP earned after Season 1 will immediately count toward Season 2 and all-time statistics.
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Will I be eligible for Season 2 XP if I missed Season 1?Yes! If you do the Zealy tasks and you make sure you have set up a Cardano wallet (make sure to use the ones listed here in our help guide ) you will receive XP after the current season ends. Currently the Season 2 end date hasn't been announced but all activity on JPG and Zealy quests are currently earning XP