اقتصاد توکنی Jasmy (JASMY)

JasmyCoin (JASMY) is an ERC-20 utility token built on the Ethereum blockchain, designed to power the Jasmy IoT platform. The project aims to democratize data by combining blockchain and Internet of Things (IoT) technology, allowing users to maintain control over their personal information through "Personal Data Lockers" (PDLs).

Issuance Mechanism

JasmyCoin has a fixed maximum supply of 50,000,000,000 (50 billion) tokens. While early documentation from 2020 and 2021 occasionally cited a maximum supply of 50 million, the project has since standardized on the 50 billion figure.

As of early 2024, the project reported that approximately 99% of the supply has been distributed. The token operates as a standard ERC-20 token on Ethereum, meaning it relies on Ethereum's infrastructure for transaction processing and security rather than having its own independent validator set. However, the project is developing "Jasmy Chain," a Layer-2 rollup using the Optimism OP Stack, which may influence future issuance or distribution dynamics.

Allocation Mechanism

The allocation of JASMY has been described differently across various project communications (Medium posts and whitepapers). The most recent and widely cited breakdown includes the following categories:

Earlier versions of the allocation plan also mentioned specific buckets such as:

• Operating Company (30%): Intended for rewards to individual users.
• Business Financing (approx. 20-22%): Used to pay commissions and handling fees to business financiers.
• Airdrops (approx. 10-12%): Used to ensure liquidity for institutional and foreign investors.
• Listing Expenses (approx. 8%): Allocated for business operation funds, legal fees, and exchange commissions.

Usage and Incentive Mechanism

The Jasmy ecosystem is designed to create a marketplace for data where JASMY serves as the primary medium of exchange.

Primary Utilities

• Service Fees: Paying for the use of the Jasmy platform.
• Data Access: Merchants and third parties must pay JASMY to purchase access to data stored within a user's Personal Data Locker.
• Medium of Exchange: Used to purchase products or services within the platform of Jasmy partners.
• Data Rewards: Users earn JASMY as an incentive for selectively sharing their IoT data with specific merchants.

Current Status

Despite these planned functions, as of early 2024, the project team stated that the full ecosystem is not yet operational. Currently, the primary utility of JasmyCoin is for payment purposes, investment, and operation on cryptocurrency exchanges.

Locking Mechanism and Unlocking Time

JasmyCoin utilized a gradual release schedule to manage the circulating supply and ensure long-term alignment with the project's growth.

• Funds and Institutional Investors: This 27% allocation was locked and distributed gradually throughout 2022 and 2023.
• Ecosystem Allocation: The 48% allocated to the ecosystem was designed to be locked and distributed as the business grows.
• Incentives: This 5% allocation was scheduled to be unlocked two years after specific conditions were achieved.
• Contributors and Community: This 20% allocation was reported as fully unlocked by early 2022.

Unlock Data Analysis

Historical metrics indicate that the final major unlock events concluded in late 2023. On October 1, 2023, a significant unlock of 2.5 billion tokens (5% of the total allocation) occurred, bringing the percentage of completed unlocks to 100%. Prior to this, the project saw daily linear unlocks of approximately 18.49 million tokens throughout September 2023.

Future Roadmap and Evolution

The 2025 roadmap introduces a "Three-tier token economy" consisting of:

1. Community Currency
2. Point Economy
3. Crypto Asset Economy

Future incentives are planned for node operators and validators as the project transitions toward its Layer-2 "JANCTION" mainnet, which is expected to support JASMY-based DEX activities and expanded network participation.