What is JasmyCoin (JASMY) ?
While Bitcoin is on fire today, hitting over $60,000 USD and signaling a bullish market, there's more to explore beyond the hype. Have you ever heard about JasmyCoin, dubbed the Japanese Bitcoin?
This innovative token is shaking up the digital landscape by emphasizing data security and user control in the IoT sphere. JasmyCoin is not just another cryptocurrency; it's a gateway to a new era of data democracy, where users can securely manage their personal information. With its unique approach and solid backing, JasmyCoin is carving out its niche in the crypto world.
Let's venture into the heart of Japan's innovative crypto space and uncover the secrets of what is JasmyCoin.
Understanding JasmyCoin (JASMY)
JasmyCoin (JASMY) is an ERC-20 token that serves as the primary utility token within the Jasmy ecosystem, which integrates blockchain with Internet of Things (IoT) technology. Launched in October 2021 on the Japanese exchange BITPoint Japan, JasmyCoin plays a critical role in facilitating secure data transactions and incentivizing the equitable exchange of data between users and service providers. It operates on the Ethereum blockchain, leveraging the security and processing capabilities of the network.
JasmyCoin Tokenomics
JasmyCoin's tokenomics are designed to support its mission of giving users control over their data. It uses blockchain to manage IoT devices and data securely, allowing users to maintain privacy. This approach aims to make JasmyCoin key in the digital world, promoting data sovereignty and secure exchanges.
1. Overview
Token Symbol: JASMY
Blockchain: Ethereum (ERC-20)
Utility: Data trading, securing IoT devices, platform interaction, staking for rewards.
2. Allocation and Supply
Total Supply: 50,000,000,000 JASMY
Circulating Supply: Dynamic, influenced by platform activities and tokenomics.
Supply Allocation: Distributed among ecosystem development, community rewards, and incentives.
3. Utility and Rewards
In-Blockchain Use: Facilitates secure data exchange, IoT device management.
Staking: Rewards for network participation and data contribution.
Governance: Token holders can influence platform decisions and development directions.
4. Economic Model
Deflationary Mechanisms: Token burns for transaction fees and ecosystem development.
Reward Distribution: Incentives for data providers and network participants.
5. Market Performance*
Current Price: $0.01966
Market Cap: $969,191,947, ranking it #90
Circulating Supply: 49,299,999,677 JASMY
Max Supply: 50,000,000,000 JASMY
24h Volume: $728,297,599
All-time high: $4.99 (Feb 16, 2021)
All-time low: $0.002747 (Dec 29, 2022)
* JASMY Performance on Feb 28, 2024
What is Jasmy?
Jasmy leverages blockchain to revolutionize IoT device and data management, prioritizing user control over personal information. Through cutting-edge technologies like SKC, SG, and IPFS, it offers a secure, decentralized platform for data protection and transparent exchanges. This approach ensures user data privacy and empowers individuals in digital interactions, making Jasmy a key player in data democratization.
What is IoT?
IoT, or Internet of Things, refers to a network of physical objects ("things") embedded with sensors, software, and other technologies for the purpose of connecting and exchanging data with other devices and systems over the internet. This interconnectivity allows for more direct integration of the physical world into computer-based systems, resulting in improved efficiency, accuracy, and economic benefit.
How those devices manage your data
IoT devices manage your data by collecting information through their embedded sensors and software, which is then processed and stored either locally or in the cloud. This data can include personal preferences, usage patterns, and environmental conditions. Some systems, like Jasmy's, give users control over their data through secure platforms, allowing them to manage who has access to their information and how it's used, thereby ensuring privacy and security. For more specifics on how devices manage data, visiting their respective websites or technical documentation is recommended.
How Jasmy secure your data
Jasmy secures your data by employing blockchain's decentralized nature, ensuring data integrity and security. Their Personal Data Locker (PDL) allows individuals to control access to their data, offering a secure environment for storing and managing personal information. This approach ensures that data is not only protected from unauthorized access but also gives users the autonomy to decide who can access their information and under what conditions, promoting a user-centric data ecosystem. For more detailed information, visiting the Jasmy website would provide comprehensive insights.
Managing JasmyCoin with Klever Wallet
With a jasmy wallet on Klever, users can effortlessly send, receive, swap, and buy Jasmy using credit or debit cards, bank transfers, and online payment methods like Apple Pay and Google Pay. It opens the door to a vast array of decentralized applications, NFTs, and much more, enriching the Jasmy ecosystem experience. Meet Klever Wallet, your multi-chain solution for a decentralized world.
Download Klever Wallet now
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Jasmy ecosystem with ease.