JasmyCoin, known as 'Japan's Bitcoin,' aims to change the way personal data is managed and monetized, providing unique solutions amidst the dominance of major tech companies.
JASMY Tokenomics
Understanding the supply and distribution mechanics is critical for any cryptocurrency project. JASMY has a total supply of 50 billion tokens, with approximately 49.45 billion currently in circulation. The smart contract was deployed in December 2019 and underwent security verification. Initially, 30% of the tokens were allocated to business companies, 20% for business financing, 18% to developer programs, 14% for listing, 13% for AirDrop, and 5% for incentives. Unlike many other projects, Jasmy did not hold an ICO, helping it remain compliant with strict Japanese regulations.
Functions and Use Cases
The JASMY token performs three key roles: serving as a medium for data transactions, providing access to 'Personal Data Lockers,' and rewarding ecosystem participants. Users can monetize their data by directly interacting with buyers, bypassing traditional data aggregators. Participation in the ecosystem is compensated with tokens, encouraging active engagement in information management.
Technical Architecture and Partnerships
JASMY tokens exist on the Ethereum blockchain as ERC-20 tokens, while the main Jasmy platform operates on Hyperledger Fabric. This creates a unique blend of privacy and accessibility suitable for both corporate Japanese partners and global users. Jasmy has partnered with companies such as Panasonic, VAIO, and Transcosmos, demonstrating its potential for real-world IoT integration.
Jasmy has introduced a uniquely Japanese perspective to the data sovereignty conversation, combining corporate partnerships, regulatory adherence, and blockchain innovation. 2025 is crucial for achieving tangible adoption and demonstrating the value of its 'data democracy' concept to users.
