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What is JasmyCoin?
Jasmy combines the Internet of Things (IoT) with blockchain technology to empower consumers through private data management.
The platform provides an innovative infrastructure to enable both companies and consumers to use data in a safe and secure way.
IoT is a network of digital devices connected via the internet that share data on a wireless system without requiring manual input or human intervention. The Jasmy platform aims to reclaim data sovereignty for each individual user, meaning they control their personal data and how it is leveraged by corporations.
In order to do this, Jasmy integrates blockchain with IoT technologies to create a platform solution for customers all over the globe and across various different industries and markets.
Jasmy provides all the equipment to get set up, including IoT devices and environments, to give developers a full suite of services to enhance their products.
With the built-in Personal Data Locker, users have full sovereignty of their data and its use. Data created and used by service providers is securely stored in the PDL. Royalties are then earned by providing the platform for users.
The JasmyCoin token
Jasmy is also known as JSMY and is the ERC-20 token utilized across the Jasmy Network.
Primarily, JSMY is used to pay for personal data from Internet of Things devices.
You can also use the token to pay for data from IoT devices on the network. It’s unique because this is the only token on the web.
JSMY tokenomics
The token is distributed like so:
- 8% - Ecosystem fund
- 27% - Investors
- 20% - Community
- 5% - Incentives program
JASMY’s market stats:
- Current market cap: $282.55M
- Circulating supply: 49.3B JASMY
- Max supply: 50B JASMY
- Twitter: 101,851 followers
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Katya V.
Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.