What is JasmyCoin?
JasmyCoin is a Japanese blockchain project focused on data democratization and IoT. Founded by former Sony executives including Kunitake Ando (former president of Sony), Jasmy aims to give individuals control over their personal data.
The Jasmy platform creates a secure data exchange where users can choose to share their IoT device data with companies in exchange for JASMY tokens. This shifts data ownership from corporations back to individuals.
JASMY is the utility token used for data transactions on the Jasmy platform. Users earn JASMY by sharing data, and businesses pay JASMY to access valuable consumer data in a privacy-respecting manner.
JASMY Tokenomics
JASMY has a maximum supply of 50 billion tokens. The large supply keeps the per-token price low. Tokens are distributed through data exchange activities, partnerships, and ecosystem development.
JASMY Historical Price Performance
JASMY launched at $4.99 in February 2021 and experienced an extreme decline of over 99%, hitting $0.0027 in December 2022. The project has continued development with a focus on IoT data management in the Japanese market.
Frequently Asked Questions
JasmyCoin was founded by Kunitake Ando, former president of Sony Corporation, along with other former Sony executives. This corporate pedigree is unique in the crypto space.
Jasmy aims to democratize data ownership by allowing individuals to control, manage, and monetize their personal IoT device data instead of giving it away freely to large corporations.
Users earn JASMY by sharing IoT data through the Jasmy platform. Businesses pay JASMY to access this data. The token serves as the medium of exchange in the Jasmy data ecosystem.
Yes, JASMY is listed on the Japan Virtual and Crypto Asset Exchange Association (JVCEA) approved list, making it one of the few Japanese-compliant crypto tokens available for trading domestically.
Who founded JasmyCoin?
JasmyCoin was founded by Kunitake Ando, former president of Sony Corporation, along with other former Sony executives. This corporate pedigree is unique in the crypto space.
What problem does Jasmy solve?
Jasmy aims to democratize data ownership by allowing individuals to control, manage, and monetize their personal IoT device data instead of giving it away freely to large corporations.
How is JASMY used?
Users earn JASMY by sharing IoT data through the Jasmy platform. Businesses pay JASMY to access this data. The token serves as the medium of exchange in the Jasmy data ecosystem.
Is Jasmy regulated in Japan?
Yes, JASMY is listed on the Japan Virtual and Crypto Asset Exchange Association (JVCEA) approved list, making it one of the few Japanese-compliant crypto tokens available for trading domestically.
Risk Warning
Cryptocurrency prices are highly volatile and can change rapidly. The information on this site is provided for informational purposes only and does not constitute financial, investment, or trading advice.