JasmyCoin (JASMY) is an emerging cryptocurrency that has attracted the attention of many investors recently. With a vision to become the “Internet of Things” (IoT) for all, JasmyCoin is striving to build a secure and reliable digital ecosystem.
In this article, AZCoin will delve into the details of JasmyCoin, including its history, how it operates, its notable features, and its development prospects for the future.
What is JasmyCoin (JASMY)?
JasmyCoin (JASMY) is a blockchain-based cryptocurrency developed by Jasmy Corporation, a Japanese technology company. The goal of JasmyCoin is to create a decentralized data ecosystem where users have control and management of their personal data.
Price history of JasmyCoin
JasmyCoin (JASMY) was first launched in November 2021 through an ICO (Initial Coin Offering) at a price of $0.05 USD. After being listed on major cryptocurrency exchanges, the price of JASMY surged, reaching a peak of $4.99 USD on November 15, 2021.
However, following this peak, JASMY experienced a significant price decline, dropping to around $0.10 USD by the end of 2021. Throughout 2022, the price of JASMY continued to fluctuate, with a low of $0.03 USD in June and a high of $0.33 USD in March.
Currently, JASMY is trading at approximately $0.05 USD, with a total market capitalization of around $50 million USD. Despite the considerable price volatility, JasmyCoin continues to attract the interest of many investors due to the project’s potential and long-term vision.
How JASMY works
The JASMY platform builds and maintains the necessary infrastructure for data owners to securely store, access, exchange, and utilize their data. This platform leverages advanced blockchain technology in the IoT space. The core modules are capable of communicating securely and efficiently with IoT devices. The system provides a range of applications that allow users to manage and use their data according to their needs.
Jasmy’s decentralized blockchain technology ensures that the data collection process from IoT devices is democratic and efficient. Data is stored in data cabinets and protected by advanced security systems. Jasmy classifies data based on quality and quantity, from small personal data on devices to high-value platinum data.
Outstanding features of JasmyCoin
JasmyCoin (JASMY) is considered a potential cryptocurrency due to its unique features. One of the standout features of JASMY is its high security. Users’ data is encrypted, and only the users themselves can access that information. This ensures user privacy and alleviates concerns about personal information being exposed.
Additionally, JasmyCoin offers a delegation feature, allowing users to delegate transactions and manage their assets to other members within the community. This makes transactions and asset management easier and more convenient compared to other projects like Filecoin hay Notcoin.
Overview of JASMY token
JASMY token specifications
- Token name: Jasmy Coin.
- Ticker: JASMY.
- Blockchain: Ethereum (ETH).
- Decimals: 18.
- Standard: ERC-20 standard.
- Contract: 0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC.
- Token type: Utility.
- Total supply: Total supply 50.000.000.000 JASMY.
- Circulating supply: Updating
JASMY token allocation
Jasmy has a total supply of 50 billion coins, distributed as follows:
- 48% of Jasmy coins are allocated to the platform’s ecosystem.
- 27% of JASMY is allocated to funds and investors, including institutions.
- 20% is allocated to collaborators and the community.
- The remaining 5% of JASMY is used to incentivize outstanding members within the platform.
Where to buy JASMY tokens?
Currently, users can purchase JasmyCoin (JASMY) on various top best crypto exchanges such as Binance, Coinbase, Gate.io, Huobi, Kucoin, and others. To buy JASMY, you’ll need a cryptocurrency wallet and ETH (Ethereum) to facilitate the transaction.
Once purchased successfully, you can store your JASMY in a cryptocurrency wallet for safekeeping or transfer it to other exchanges if you wish to trade or make transfers.
JASMY token storage wallet
To store JASMY, you can use multi-platform cryptocurrency wallets like Trust Wallet, MyEtherWallet, MetaMask and others. Additionally, you can utilize the proprietary storage wallets provided by the listed exchanges.
JasmyCoin (JASMY) development potential
With its high-security features and delegation capability, JasmyCoin (JASMY) is attracting attention from many users and investors within the cryptocurrency community. This indicates trust and potential for future development of JASMY.
Moreover, integration into blockchain technology platforms enhances transactional ease and safety. If the Jasmy community continues to grow and attract more users, JASMY is poised to become one of the successful tokens in the cryptocurrency market in the future.
Should you invest in JasmyCoin (JASMY)?
As mentioned earlier, JasmyCoin (JASMY) is currently seen as a promising new token on the market. However, investing in any type of token carries risks, and careful consideration is advised before making a decision.
If you believe in the features and development potential of JASMY, you may consider allocating a small portion of your assets to this token. Additionally, it’s important to note that the cryptocurrency market is highly volatile and can lead to losses for investors who are not cautious. Ensure that you thoroughly understand the project and JASMY’s privacy policy before making any investment decisions.
The end
I hope this article has provided you with useful information about JasmyCoin and helped you gain a better understanding of this cryptocurrency. Remember that investing in JASMY carries risks, so careful consideration is advised before making a decision. Thank you for reading AZcoin’s article and I wish you success!
I am Louis Dang, living in Ottawa, Canada. I am currently working as a trader for AZCoin company, with 7 years of experience in the cryptocurrency market, I hope to bring you useful information and knowledge about virtual currency investment.
