- JumpTask offers a low-risk, low-effort way to start earning some spare cash.
- The platform requires no upfront investment.
- JumpTask already paid out $2.4 million in rewards to users.
In an age when attention has become a valuable commodity, multiple services have emerged that allow people to turn that attention into money. Intrigued by the concept, we at DailyCoin decided to look at one covering the Web3 side of things.
We came across JumpTask, a microtask platform that enables users to earn money while performing small tasks, playing games, and more, and decided to review it.
Unlike other Play-to-Earn platforms, JumpTask requires no upfront investment, significantly lowering the barrier to entry.
By converting digital activities into income-generating opportunities, JumpTask claims users can earn over $100 per month. But is that really possible?
What’s JumpTask About?
Launched not too long ago, JumpTask has rapidly gained traction in the online microtask market, gaining over 3.2 million registered users so far.
The platform allows users to earn simply by playing mobile games, making it an innovative blend of income generation and entertainment. The app also gives rewards for other tasks, such as installing popular apps like Uber, Revolut, Amazon, and more.
From what I saw through research and my own experience, JumpTask is legit and does actually achieve what it says it does. That is, it allows users to earn small amounts of money for completing simple tasks.
The platform offers 100+ tasks in almost all regions and adds new tasks daily. Since its launch a year ago, the platform paid out over $2.4 million to its users in total.
Is JumpTask for You?
JumpTask presents an exciting opportunity for individuals to earn while completing simple tasks. It’s also a great way to get back money from purchases on popular platforms such as Amazon or Uber.
The project is great for people with some spare time, especially those who often find themselves scrolling with little intent. All users need is internet access to start earning.
Earning $100+ monthly on JumpTask is certainly feasible, assuming new tasks continue to roll out. Considering that the average monthly salary in India translates to just $437, that can be worth a lot of money in some parts of the world.
JumpTask vs. Axie Infinity
Similarly to JumpTask, Web3 games such as Axie Infinity also promise gamers in developing countries a way to earn money. However, there are some notable differences between the two.
Unlike JumpTask, most Web3 games require users to invest money. This can present a serious financial commitment for those in developing countries. Moreover, the investment comes with substantial risk.
In 2022, when the crypto market went down, Axie Infinity tokens and NFTs also slumped. This had the effect of leaving some gamers in debt, many of them in developing countries. In the aftermath, some even suggested that Axie Infinity is akin to a pyramid scheme.
Unlike Axie Infinity, JumpTask allows users to begin earning without investing a penny. This alone makes the platform more accessible and eliminates the substantial financial risk for users.
What Can You Do on JumpTask?
JumpTask offers a range of simple tasks that anyone can complete. These tasks range from passive income to one-time offers, which include:
- Offerwalls: Offerwalls are microtasks that involve trying out new apps, watching videos, playing games, and more. These simple tasks are easy to complete and offer small monetary rewards.
- Internet Sharing: With Honeygain, users can earn money by sharing their unused internet bandwidth with verified businesses.
- Staking: JumpTask allows users to earn by holding their $JMPT in the staking pool, thus generating passive income.
- Surveys: Users can take surveys to help companies improve their services and get paid in the process.
- Gaming: Users can play the latest games and get paid $JMPT with each new milestone.
- The rewards for these tasks range from 0.05 to 5 $JMPT (10ct – $20) daily, which are available worldwide. In addition to these tasks, users can also earn money through the platform’s referral program.
JumpTask Review: Easy to Navigate, Lots of Tasks
As I navigated through the JumpTask platform, one of the first things that stood out was its intuitive and user-friendly interface. The well-designed UI ensures that picking out tasks is a breeze – just simply scroll through the various tasks available, each clearly described so you know exactly what you’re signing up for. The process is so streamlined that it takes just a few clicks to start a task, which I found very convenient.
Setting up the wallet was also a straightforward process. I could easily navigate through the steps, which were quite self-explanatory. This seamless setup experience meant that I could get started with tasks and earning without any significant hurdles.
In terms of the tasks themselves, most of what I encountered involved reaching certain levels in mobile games. This did require enabling tracking permissions for ads, which might be a concern for some users.
One thing worth mentioning is that many of these tasks are not supported on browsers and personal computers. To claim the offers on mobile games, users must use the JumpTask Android app. Still, that’s not a huge issue; it makes more sense to do these tasks on mobile devices anyway. However, JumpTask is currently not supported on iOS, meaning iPhone users must use their browser.
As no surveys were available, I downloaded the app on my old Android phone and started playing some games. I went with one offer for about $0.5, which required me to get to level 10 in a mobile game. This did require me to do some grinding, but it wasn’t that bad.
In my experience, it was obvious that JumpTask would not replace a full-time job. However, it’s certainly worth considering for someone willing to exchange some spare time for cash.
Curious about what the experience of other users was, I’ve looked into JumpTask’s reviews online. TrustPilot and Google Play were the most trustworthy choice for reviews.
JumpTask has a positive rating on Trustpilot, with a score of 4.7 out of 5. With a total of 1,459 reviews, it has a rating distribution of 84% 5-star, 10% 4-star, 2% 3-star, 1% 2-star, and 3% 1-star reviews.
Positive reviews highlight the platform’s ability to generate passive income effectively and as promised. They also point out multiple earnings options and ease of use.
The reviews on the Google Play store are mixed, with a 3.5-star rating on over one thousand reviews. Users complained about mobile games spamming them with ads and having to pay BNB gas fees to withdraw their earnings.
How Does JumpTask $JMPT Token Work?
JumpTask operates with its native cryptocurrency, JumpTokens ($JMPT), currently worth $2.01. This currency serves to reward users, and it also fuels the entire JumpTask ecosystem.
The token has a built-in demand mechanism, with JumpTask partners purchasing JumpTokens to reward micro freelancers for task completions. This mechanism keeps the value of the JumpTask token stable. However, users can also withdraw their earnings and convert them to a different token at any time.
To collect the earnings, users need to set up a digital wallet, which is straightforward. After creating an account on JumpTask, users need to connect their crypto wallet to the platform. Any wallet that supports the Binance Smart Chain or CELO will work, including MetaMask, Trust Wallet, or Binance.
Once the wallet is connected to JumpTask, users can receive JumpTokens ($JMPT) every time they complete a task. To collect the earnings, users will need BNB tokens to cover the gas fees. After that, it’s as simple as swapping their $JMPT and converting them to fiat currency on a crypto exchange.
Instead of cashing out, users can also stake their tokens for a yield. JumpTask advertises an APR of 12%, 16%, and 20% on its token based on various criteria. However, it is important to note that the token’s price fluctuates, which means that returns will vary.
JumpTask’s team is a diverse and dynamic group of professionals that have been instrumental in driving the company’s growth. The team brings together extensive expertise from various sectors and are united by their commitment to for pushing boundaries in the space.
The team is led by the company’s visionary co-founders, who are seasoned veterans in the tech industry. They bring to the table an impressive track record in revenue stream growth for mobile apps, leading industry analytics initiatives, and more.
Gintare Rimolaityte – VP of Partnerships
As a co-founder and VP of partnerships at JumpTask, Gintare Rimolaityte has been instrumental in the firm’s growth and success. Rimolaityte is a seasoned business developer passionate about tech, traveling, and innovation.
Prior to JumpTask, she worked in prominent startups based in Lithuania—industries ranging from 3D model and AR to web scraping solutions.
Justas Vasiliauskas – CTO
Justas Vasiliauskas, an experienced web developer skilled in PHP, Symfony, Node, Python, Kubernetes, and microservice architecture, is the Co-Founder and CTO of JumpTask. His technical expertise and leadership have been instrumental in shaping the technological direction of JumpTask.
Apart from the co-founders, JumpTask prides itself on a well-rounded team that contributes to the different aspects of the company’s operations. It comprises dedicated designers, insightful analysts, and creative copywriters. The team’s combined expertise ensures that JumpTask can deliver and develop quickly.
JumpTask Project Roadmap
JumpTask has been developing consistently, and the upcoming years promise further platform evolution. This overview outlines the company’s accomplishments in 2022 and provides insight into its planned objectives for 2023 and beyond.
The year 2022 marked significant growth for JumpTask, with its user base increasing to over 1.89 million by the year’s end. The company also launched JumpToken ($JMPT), signaling a move towards a more blockchain-integrated business model.
JumpTask introduced the Fluid Staking system, giving users a new way to potentially earn passive income. JumpTask became available on Decentralized Exchanges (DEX), enhancing the accessibility and liquidity of $JMPT.
The first quarter of 2023 saw JumpTask extend its reach to Centralized Exchanges (CEX), increasing trading options for its token holders. A referral system also launched, giving users a lifetime 10% bonus for all tasks their friends complete.
The company has also announced plans to upgrade its $JMPT staking system. Alongside this, JumpTask has scheduled token-burning events, a practice that can affect the value of the remaining $JMPT tokens.
JumpTask’s roadmap for the second quarter of 2023 includes introducing new payout options and the launch of ‘Cashback Tasks.’ Additionally, the company plans to introduce passive income tasks.
The third quarter of 2023 is slated to launch ‘Social Tasks,’ a new initiative to reward users for social media activities. The company also plans to implement an Achievement system, which could encourage user engagement. New earning methods are also on the horizon, and token-burning events are scheduled for this period. Token-burning events are also planned for this quarter.
The final quarter of 2023 will witness the launch of Phase 2 of the Task Marketplace, focusing on self-service. This feature aims to give users more control over their engagement with tasks on the platform.
2024 and Beyond
JumpTask’s 2024 plan includes decentralizing its task marketplace, a move likely to further incorporate blockchain technology into its operations. The team also aims to implement task record tracking on the blockchain for increased transparency and trust.
The company also plans to introduce Peer-to-Peer (P2P) tasks, potentially allowing for more direct user-to-business interactions.
This roadmap indicates JumpTask’s ongoing commitment to evolve and adapt to technological advancements in response to user needs.
Final Verdict: Low-Risk Way to Earn Crypto
In conclusion, JumpTask is a low-risk, accessible opportunity for users to earn extra cash. It is not a replacement for full-time work or a scheme promising instant wealth. Rather, it offers a platform where users can trade some spare time for financial rewards.
JumpTask’s evolution in a Web3 ecosystem and the integration of blockchain tech highlights the project’s potential. As microtask and blockchain industries continue to grow with each other, JumpTask is well-positioned to benefit from it.
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