$JIM (JIM)

What is $JIM?

$JIM is an ERC-20 meme coin that was first released for sale in May 2023. The JIM project, whose icon is a cigarette-smoking frog, quickly gained steam and had over 100,000 followers by the end of the first month.

Advertisements

Project and community members are informally referred to as Jimmies.

RoastHimJim

$JIM is perhaps best known for being marketed on Twitter and Telegram Messenger by a generative AI chatbot called RoastHimJim. The bot’s primary purpose is to interact with potential buyers and generate witty responses to community member and celebrity posts.

RoastHimJim is known for being sarcastic and for surprising active community members with bonus coins delivered to their Ethereum wallets through airdrops.

According to the project’s official website, each of the bot’s posts (which are referred to as roasts) burns 69 $JIM.

Background Story

The project is rumored to have originated from the developers’ desire to create a community platform that brings people together to have a good time. The developers, who were already familiar with bots that control Twitter accounts through APIs, created a fictional character named Jim to provide a backstory for their new bot. Jim is a frog who likes to smoke.

According to the project’s website, Jim worked in a boring office job as a data entry clerk and felt his life lacked purpose. One night, he discovered his true passion and escaped from monotony by going online and finding his voice on Twitter.

Jim’s outlet and source of fulfillment from his new online persona comes from roasting people. He is continually learning how to embrace a more expressive style of communication that allows him to make critical, humorous, and thought-provoking observations about others.

JIM Tokenomics

The maximum supply of JIM tokens is set at 420 billion. The breakdown of the so-called “$JIM-omics” is as follows:

  • 38% – Liquidity/CEX listing
  • 35% – Presale
  • 10% – Operational costs
  • 5% – Jim’s ex-bosses (advisors)
  • 5% – Roast-to-burn mechanism
  • 5% – Team (locked)
  • 2% – Airdrop

How to Buy $JIM

In order to purchase JIM tokens, cryptocurrency traders and investors need to take the following steps:

Create a wallet: Set up a wallet like Metamask. When choosing a wallet, look for Ethereum-based wallets that can either be installed as a browser extension or downloaded from Apple’s App Store or Google’s Play Store.

Get ETH:  JIM is an Ethereum-based project, so traders and investors need Ether (ETH) before they can buy $JIM. Once their wallet has been set up, the trader or investor can use a cryptocurrency exchange to deposit funds, place an order for Ether, withdraw the ETH, and store it in the wallet.

Create a Uniswap Account: Uniswap is a decentralized exchange (DEX) that facilitates the trading of Ethereum-based tokens. It’s been reported that the centralized exchange AscenDEX will also support $JIM trading in the near future.

Swap ETH for $JIM: Exchange the ETH for JIM tokens on Uniswap. Select the desired token pair (ETH-$JIM), enter the amount of ETH to swap, and confirm the transaction so JIM tokens can be transferred to the wallet.

It is important to note that $JIM investments are high risk because the token is new, and the cryptocurrency market tends to be extremely volatile.

The Future of $JIM and the JIM Project

In the future, the project’s development team plans to launch multiple personalities of the RoastHimJim bot to provide unique responses that cater to different niche markets.

Below is the project’s roadmap according to the official website:

Phase 1 Phase 2 Phase 3
Launch RoastHimJim Bot $JIM Airdrops Add to Jim Bot Family
Launch Social Accounts Launch a 420 Club Roast-2-Earn
Pre-Sale with Whitelist Roast-2-Burn Tier 1 CEX Listing
Token Official Launch Jim-4-Hire Extend Cross-Platform Reach
CEX Listing Jim Scamwatch Educational Video Content on YouTube, TikTok, etc.
On-Board Advisors Resident + Roastee of the Week Online + In Real Life (IRL) Competitions
Advertisements

Related Terms

Margaret Rouse
Technology Expert

Margaret is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.