What is JASMY:
JasmyCoin is the native cryptocurrency of the Jasmy platform, a blockchain-based system aiming to democratize data ownership and usage in the Internet of Things (IoT) industry.
It operates on the Ethereum blockchain as an ERC-20 token.
It is the only currency within the Jasmy ecosystem, used for:
Data transactions: Buying and selling personal data from IoT devices.
Platform access: Purchasing products and services on the Jasmy platform.
Data security: Protecting user information.
Tokenomics:
Total supply: 50 billion JASMY
Circulating supply: 4.75 billion JASMY (as of May 2022)
Distribution:
48% - Ecosystem fund
27% - Investors
20% - Contributors & community
5% - Incentives program
No initial coin offering (ICO)
Key features:
Data democracy: Aims to give individuals control over their data generated by IoT devices.
Compliance: Fully compliant with Japanese regulations, making it a unique offering.
Security: Focuses on secure data storage and transactions.
Current status:
Price: $0.028 (as of February 21, 2024)
All-time high: $4.79 (February 16, 2021)
Volatility: High, like most cryptocurrencies.
Important considerations:
Jasmy is a relatively new project with an ambitious vision.
The crypto market is highly volatile, and JASMY's price is susceptible to fluctuations as such, there's no such thing as a 100% accurate prediction in the crytpo playground.
Before investing, thoroughly research the project, understand the risks involved, and never invest more than you can afford to lose.
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