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>>Basically, the company wants to start a Cryptocurrency Exchange, where you can trade different cryptocurrencies like bitcoin, ethereum, and XRP. And, to do so, it will use the IJJ token to power the Exchange itself.
Unfortunately, I can't say if it'll increase the price, that wouldn't be appropriate of me to do so. However, there is positive sentiment at least in the short to mid-term. Additionally it provides funding to help start the exchange, per the ijjcoin website,
"Funding Objective:
Soft Cap set at $2 million USD.
Soft Cap is divided into 2 tranches:
$1,600,000 for infrastructure building with 32 million ERC-777 (includes Bounty Program)
$400,000 for Media and Consultant Services with 8,000,000 ERC-773 (no Bounty).
Soft Cap token issuance are intrinsic to the Buyback Campaign supported with the executed mandated provision."
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