JasmyCoin (JASMY)

O que é JasmyCoin?

JasmyCoin (JASMY) is a blockchain project focused on data ownership and Internet of Things integration. Launched in 2021, the project was co-founded by Kunitake Ando and Kazumasa Sato. It aims to create an environment where data can be exchanged securely and efficiently between devices and users. The token operates on an existing blockchain network, which handles transaction validation. Its primary goal is to empower individuals by giving them sovereignty over their personal data, particularly in the context of IoT devices. The project's focus allows users to control who can access their information, creating a more user-centric data economy. JasmyCoin is categorized within the IoT and data sectors.

Como funciona JasmyCoin?

JasmyCoin operates as a token on a separate, established blockchain platform, adhering to its technical standards. This means it does not have its own independent consensus mechanism for validating transactions and creating new blocks. Instead, it relies entirely on the security and proven validation processes of its host network.

The security of all JasmyCoin transactions is maintained by the distributed network participants of the underlying blockchain. These participants, often called validators or miners, are responsible for processing and verifying blocks of transactions. They work to ensure the integrity of the public ledger on which all JASMY token movements are permanently recorded.

When a user initiates a transfer of JASMY, the transaction is broadcast to the host blockchain's network for processing. Validators then include this transaction in a new block after confirming its legitimacy against the network's rules. Once the block is successfully added to the chain, the transfer of JASMY is considered final and irreversible.

Casos de uso de JasmyCoin

JasmyCoin tokenômica

The tokenomics of JasmyCoin are defined by a fixed maximum supply of 50 billion JASMY tokens. This finite supply means that no additional tokens can be created beyond this established limit, making the asset deflationary by design. The total supply is predetermined, ensuring a clear and unchangeable cap on the number of tokens that will ever exist. As of current data, the circulating supply is approximately 49.44 billion tokens, which represents a significant portion of the total maximum supply. This high circulation relative to the maximum supply indicates that most of the tokens intended for the ecosystem have already been released into the market.

Histórico de preços e marcos do JasmyCoin

JasmyCoin (JASMY) first entered the market in 2021, introducing its concept of data sovereignty for the Internet of Things. The token's price history includes a recorded all-time high of $4.99, which was reached on February 16, 2021. Conversely, its all-time low was recorded at $0.002747 on December 29, 2022. These historical price points illustrate the range of values the token has experienced since its launch. The price of JASMY is influenced by a variety of factors, including overall market trends and trading volume. Based on market capitalization, JasmyCoin holds a rank of 122 among digital assets, indicating its position within the broader market.