Juicebox PriceJBXInactive

What is Juicebox (JBX)?

Juicebox (JBX) is an ERC-20 token that powers a crowdfunding and treasury management platform built on Ethereum. The project describes itself as a way to "Build a community around a project, fund it, and program its spending. Light enough for a group of friends, powerful enough for a global network of anons. Powered by public smart contracts on Ethereum." JuiceboxDAO positions the platform as "The Platform for Crowdfunding on Ethereum," allowing thousands of projects to fund, operate, and scale their ideas and communities transparently. The protocol combines existing cryptographic techniques to eliminate complications and reduce user complexity, as outlined in the Juicebox Protocol whitepaper, revision 7, dated August 7, 2023. JBX operates as a governance and membership token within this ecosystem. Juicebox launched around July 2021 and was listed on CoinMarketCap on December 1, 2021. The token has a total supply of approximately 2.05 billion JBX according to CoinMarketCap, with self-reported circulating supply also at 2.05 billion JBX. Etherscan data shows a maximum total supply of 1,975,225,000.518186164139412523 JBX and a circulating supply of 1,806,003,016.00 JBX. The project has undergone a contract migration, with CoinMarketCap noting that the old contract has been migrated to a new one. The current token contract on Ethereum is 0x4554CC10898f92D45378b98D6D6c2dD54c687Fb2, verified under the contract name JBV3Token.

Key Specifications & Tokenomics

• Name: Juicebox
• Ticker / Symbol: JBX
• Blockchain / Platform: Ethereum (ERC-20 token)
• Token Contract Address (Ethereum): 0x4554CC10898f92D45378b98D6D6c2dD54c687Fb2
• Contract Name: JBV3Token
• Compiler Version: v0.8.17+commit.8df45f5f
• Optimization: Enabled with 10000000 runs
• Decimals: 18
• Total Supply (CoinMarketCap): 2.05B JBX
• Self-Reported Circulating Supply (CoinMarketCap): 2.05B JBX
• Max Total Supply (Etherscan): 1,975,225,000.518186164139412523 JBX
• Circulating Supply (Etherscan): 1,806,003,016.00 JBX
• Holders (Etherscan): 343
• Category: Ethereum Ecosystem, Crowdfunding, Treasury Management
• Official Website: https://juicebox.money/
• Whitepaper: https://juicebox.xyz/assets/whitepapers/juiceboxprotocol_revision7_20230807.pdf
• Block Explorer: https://etherscan.io/token/0x4554cc10898f92d45378b98d6d6c2dd54c687fb2
• Source Code: https://github.com/jbx-protocol
• CertiK Rating: 3.4
• Token Rep (Etherscan): Neutral

Juicebox documentation notes that although a fixed supply model would be straightforward to support, the project recommends against it, arguing that continuous issuance is better in almost every case.

Who created Juicebox?

Juicebox was launched around July 2021 by the pseudonymous developer Jango (jango.eth) and is stewarded by JuiceboxDAO. Governance of the protocol is carried out by JBX members, reflecting a community-driven structure. The project is associated with JuiceboxDAO, which describes itself as "The Platform for Crowdfunding on Ethereum." The Juicebox Protocol whitepaper, revision 7, dated August 7, 2023, is the key technical document. The project maintains an active presence through its official website, GitHub repository under the jbx-protocol organization, and social media channels including X (Twitter) at @juiceboxETH, Discord, and Telegram.

How does Juicebox work?

Juicebox operates as a crowdfunding and treasury management protocol on Ethereum, powered by public smart contracts. Projects using the platform can receive funding, and when they withdraw funds from their treasury, they pay a 2.5% membership fee and receive JBX at the current issuance rate. This mechanism creates a self-funded system where the tokenomics power an innovative pricing structure, as noted in a Medium article titled "What's Juicy about Juicebox?" The protocol is designed to be accessible enough for small groups while scalable for global networks of anonymous participants. The JBV3Token contract includes specific constructor parameters: _name (string), _symbol (string), _projectId (uint256), _v1TicketBooth (contract ITicketBooth address), _v2TokenStore (contract IJBTokenStore address), and _v1ProjectId (uint256). The contract includes an error type BAD_PROJECT and events including Approval and OwnershipTransferred. The protocol combines existing cryptographic techniques to reduce user complexity and eliminate complications, as described in the whitepaper. JBX members govern the protocol, giving token holders a role in decision-making processes. The platform supports customizable tokenomics parameters, including Total Issuance Rate, as covered in a tutorial series titled "Customizing your Juicebox project's tokenomics pt 1."

What makes Juicebox unique and valuable?

Juicebox distinguishes itself through its focus on transparent, programmable treasury management for communities and projects on Ethereum. The platform's core value proposition lies in its ability to let projects "program their spending" through public smart contracts, providing a level of transparency and automation that traditional crowdfunding platforms do not offer. The 2.5% membership fee mechanism creates a direct relationship between treasury withdrawals and JBX token issuance, aligning incentives between projects and token holders. The protocol is designed to be lightweight enough for small groups of friends while powerful enough for global networks of anonymous participants, making it versatile across different scales of operation. The self-funded mechanism powered by JBX tokenomics represents an innovative approach to community funding and governance. JuiceboxDAO's positioning as "The Platform for Crowdfunding on Ethereum" highlights its role in the broader Ethereum ecosystem. The protocol's use of public smart contracts ensures that all transactions and treasury operations are verifiable on-chain. JuiceboxDAO states that thousands of projects use Juicebox to fund, operate, and scale their ideas and communities transparently. The governance model, where JBX members govern the protocol, gives token holders direct influence over the platform's future direction.

What is Juicebox used for?

JBX serves multiple functions within the Juicebox ecosystem. Primarily, it acts as a governance token, with JBX members governing the protocol. When projects withdraw funds from their treasury, they pay a 2.5% membership fee and receive JBX at the current issuance rate, meaning the token is directly integrated into the platform's fundraising and treasury management mechanics. The token also serves as a membership token, granting holders a stake in the protocol's governance and decision-making processes. Projects use the Juicebox platform to fund, operate, and scale their ideas and communities transparently on Ethereum. The platform supports customizable tokenomics, allowing projects to configure parameters such as Total Issuance Rate to suit their specific needs. JBX trades on several markets tracked by CoinMarketCap. JBX is listed and tracked on CoinMarketCap, CoinGecko, Crypto.com Price Index and Binance price pages. The token contract is an ERC-20 token with 18 decimals, making it compatible with standard Ethereum wallets and decentralized applications.

How Is the Juicebox ecosystem developing?

The Juicebox ecosystem is centered around JuiceboxDAO, which operates as the primary project on the platform at https://juicebox.money/@juicebox. The platform supports thousands of projects that use Juicebox to fund, operate, and scale their ideas and communities transparently on Ethereum. JBX runs as a business investing in the development of the Juicebox protocol and the ecosystem around it; its finances and developments are accounted for entirely in the open, and it invests in growth-oriented open-source initiatives. Community channels include X (Twitter) at @juiceboxETH, Discord, Telegram, and the GitHub repository at github.com/jbx-protocol. Educational content supports ecosystem development, including a tutorial series on customizing Juicebox project tokenomics and a Medium article explaining the project's value proposition. The protocol has undergone a contract migration, with CoinMarketCap noting that the old contract has been migrated to a new one. The project's whitepaper, revision 7, was published on August 7, 2023. The ecosystem operates on Ethereum, leveraging the network's security and widespread adoption. The platform's governance model allows JBX members to participate in protocol decision-making, supporting ongoing development and adaptation.

How to mine Juicebox?

JBX is not a mineable cryptocurrency. It operates as an ERC-20 token on the Ethereum blockchain, which uses a proof-of-stake consensus mechanism following Ethereum's transition to proof-of-stake. There is no mining process for JBX tokens. Instead, JBX is issued through the Juicebox protocol's treasury management system. When projects withdraw funds from their treasury, they pay a 2.5% membership fee and receive JBX at the current issuance rate. This mechanism represents the primary way new JBX tokens enter circulation within the ecosystem. The token contract, JBV3Token, has a maximum total supply of 1,975,225,000.518186164139412523 JBX according to Etherscan data. JBX has no mining or staking mechanism. New JBX enters circulation through the protocol's issuance: when a project withdraws funds from its treasury, it pays a 2.5% membership fee and receives JBX at the current issuance rate. Holders participate through governance rather than by locking tokens for rewards. The absence of mining or staking mechanisms means that users cannot earn JBX through computational work or by locking tokens. Instead, JBX is acquired through participation in the Juicebox ecosystem, through trading on supported markets, or by receiving tokens as part of a project's treasury withdrawal process.

How to keep your Juicebox Coin safe?

Keeping JBX tokens safe requires following standard security practices for ERC-20 tokens on Ethereum. Since JBX is an ERC-20 token with 18 decimals, it can be stored in any Ethereum-compatible wallet that supports ERC-20 tokens. Users should ensure they are interacting with the correct token contract address: 0x4554CC10898f92D45378b98D6D6c2dD54c687Fb2. The contract is a verified exact match on Etherscan under the name JBV3Token, which provides transparency and allows users to verify the contract's authenticity. Etherscan notes that no contract security audit has been submitted for this contract. Users should be aware that CoinMarketCap has noted the old contract has been migrated to a new one, so it is important to confirm the correct contract address before conducting any transactions. For long-term storage, hardware wallets provide an additional layer of security by keeping private keys offline. Users should never share their private keys or seed phrases with anyone. When interacting with the Juicebox platform or any decentralized application, users should verify the URL and ensure they are on the official website at https://juicebox.money/. The token has 343 holders according to Etherscan, indicating a relatively concentrated holder base. As with any ERC-20 token, JBX is subject to price volatility and smart-contract risk; users should verify the contract address and do their own research before acquiring or holding JBX.