JasmyCoin is an ERC-20 crypto that allows token transfers as a way of exchanging value or paying for services by individuals and businesses. It strives to make an economic community where data is considered as a personal asset, and the value of this data is given back to the individual who owns it.
Jasmy Incorporated, is based in Tokyo, created JasmyCoin. The company is led by a team of experienced managers and former Sony executives.
JasmyCoin can be used by connecting a wallet that is compatible with Ethereum to the network. It provides two main services: Secure Knowledge Communicator (SKC) and Smart Guardian (SG). SKC is a central service for managing various data generated from daily life, allowing users to have control over their own information and choose whether or not to share it with companies. SG allows for secure registration and management of IoT devices in the original blockchain network, providing a secure environment for sending and receiving data and commands.
Price Overview of Jasmycoin
As per the CoinGecko, JasmyCoin crypto has a price of $0.00624524 with a market cap of $300.4 Million and a circulating supply of 48 Billion JASMY. The price surged by 4.10% in the past 24 hours and decreased by 1.90% in the past 7 days. The trading volume has risen by 7.80% in the past 24 hours to $32.6 Million, indicating more market activity.
The highest price ever for JASMY was $4.79 on Feb 16, 2021 (almost 3 years ago). The current price is -99.90% lower than that. The lowest price ever for JASMY was $0.00275026 on Dec 29, 2022 (12 months ago). The current price is 125.00% higher than that.
The fully diluted valuation (FDV) of JasmyCoin (JASMY) is $310.2 Million. This is the theoretical maximum market cap, assuming all 50 Billion JASMY tokens are in circulation today. However, it may take several years for the FDV to be reached, depending on how the JASMY tokens are distributed.
JASMY is performing worse than the global cryptocurrency market, which is up 0.30%, and worse than similar Ethereum Ecosystem cryptocurrencies, which are up 12.70%, in the past 7 days. The price has dropped by -2.00% in that period.
Conclusion
JasmyCoin is a cryptocurrency that enables token transfers as a way of exchanging value or paying for services by individuals and businesses. It was developed by Jasmy Incorporated, a company based in Tokyo, led by a team of experienced Managers and former Sony executives. It aims to build an economic community where data is treated as a personal asset, and the value of this data is returned to the individual who owns it. JASMY can be used by connecting an Ethereum-compatible wallet to the network. It provides two main services: Secure Knowledge Communicator (SKC) and Smart Guardian (SG).
Steefan George is a crypto and blockchain enthusiast, with a remarkable grasp on market and technology. Having a graduate degree in computer science and an MBA in BFSI, he is an excellent technology writer at The Coin Republic. He is passionate about getting a billion of the human population onto Web3. His principle is to write like “explaining to a 6-year old”, so that a layman can learn the potential of, and get benefitted from this revolutionary technology.
Source: https://www.thecoinrepublic.com/2023/12/21/jasmycoin-a-crypto-for-personal-data-ownership-value-exchange/