# Introduction

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$JNGL powers the Jungle Labz ecosystem, consisting of Supreme Kong and 3 other collections.\
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Our token is also used in multiple external ecosystems and as a currency for P2P payments. 
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## $JNGL has been developed and launched since September 2023.

<figure><img src="/files/ZD568QaW2kOkyYjpdZk2" alt=""><figcaption><p>$JNGL LOGO</p></figcaption></figure>

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$JNGL is a solution that alleviates the fatigue we have been feeling in existing markets. There is no ecosystem token that the people truly own, they are all owned by VCs. Many coins are diluted in value and don't have fair distribution amongst its participants leading to speculative sell pressure. The ethos behind $JNGL has been to build tech and place our holders before team interests while making impact.


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