![]() Instead, its 2022 schedule focused on gaining exchange listings and chasing fan tokens - typical signs of a firm better at marketing than technological development. Despite its outsized dreams, the Jasmy team has been unable to launch its Personal Data Locker (PDL), the cornerstone of its monetization efforts. Skeptical investors will immediately notice several issues. The ERC-20 token runs on the Ethereum blockchain, making it straightforward for any investor with an Ethereum-compatible wallet or application to buy. Meanwhile, investors can buy Jasm圜oin directly to profit from this potential economy. Having a centralized location for cleaned data will also increase its value. Jasmy aims to enlarge this pipeline by allowing users to add more data by connecting internet of things devices, making the data more valuable to buyers. Similar data licensing deals are already available to users on a far smaller scale. Users would upload their personal information to the Jasmy personal data locker (PDL) in exchange for JASMY tokens, while enterprises pay service fees in those same tokens to access this data. In theory, Jasmy promises to help end-users monetize their personal data eventually. Jasmy Coin was launched in 2021 by Jasmy Inc., a corporation run by former Sony (NYSE: SONY) executives and led by Chairman Ando Guowei, Sony’s former president and chief operating officer. And its development - if it exists - is far behind schedule.Īs Jasm圜oin continues to capture the imagination of crypto speculators, here’s what investors should know when considering Jasmy as a potential investment. The cryptocurrency only offers vague ideas of implementation. Nevertheless, Jasm圜oin comes with a significant amount of risk. “By using an effective reward system, we aim to create an environment that individuals feel they want to participate into data use voluntarily, and companies will be able to provide better products and services by making full use of the data. Tech firms already sell user information to advertisers Jasmy’s goal is to help users earn back some of these profits. Jasm圜oin was established to help users monetize their personal data, a fast-growing and increasingly lucrative field. ![]() Squint hard enough, and some promising concepts emerge. It’s a surprisingly popular asset among swing traders for its high volatility and positive messaging. Jasm圜oin ranks consistently in the top-25 cryptocurrencies by value traded and is one of the top-mentioned tokens on social media platforms. The Japanese-based token, however, punches far above its weight. The ERC-20 token has largely remained out of the headlines since its launch in October 2021. If you’re unfamiliar with Jasm圜oin ( JASMY-USD), you’re not alone.
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