JasmyCoin aims to redefine personal data management through blockchain, earning the moniker 'Japan's Bitcoin'. We explore its tokenomics and technical architecture.
JASMY Tokenomics Analysis
JASMY's total supply is 50 billion tokens, with over 49 billion in circulation. Unlike many cryptos, it avoided an ICO, reducing regulatory scrutiny. A significant 79.45% of tokens are held in large wallets, including exchange accounts.
Functions and Use Cases of JASMY
JASMY acts as a data transaction medium, platform access enabler, and incentive token within the Jasmy ecosystem, fostering a 'data democracy' where users manage and monetize their personal data.
Technical Implementation and Partnerships
JASMY tokens exist on Ethereum, while the platform uses Hyperledger Fabric for privacy and scalability. Partnerships with Panasonic and others highlight a focus on real-world IoT applications.
JasmyCoin offers a distinct approach to data management in Japan. Its success hinges on demonstrating the value of 'data democracy' to everyday users.
