Jasmy, a Tokyo-based internet-of-things (IoT) company headed by former Sony executives, launched its native token, JasmyCoin (JASMY), on 10 January 2021 at MXC, a crypto exchange in Singapore.
The coin reached its all-time high of $4.2928 on 12 February 2022. But by 25 March the token had fallen by 99.04% to $0.04104.
What’s in store for the JasmyCoin token price prediction in 2022, 2023, 2025 and 2030? Here we take a look at the coin’s price analysis and what factors are shaping its outlook.
What is JasmyCoin?
Jasmy is an IoT company that specialises in the selling and buying of data. The company developed the Jasmy Platform, which connects service providers with data users.
According to the project’s whitepaper, Jasmy’s central goal is to “realise a Data Democracy by building a decentralised, democratic world where data is protected as inherently owned by each individual”.
Through Jasmy’s data locker, users have full ownership over their data. Service providers have the opportunity to promote their business by utilising the user-owned data. This business model, according to the company, is expected to reduce information security costs.
Jasmy was established on 5 April 2016 in Tokyo, Japan, by Kazumasa Sato, former CEO of Sony Style.com.
The company aims to solve three main challenges in the digital age:
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Challenges faced by users, who often send their personal data through IoT devices to companies in return for services. Users may feel uncomfortable with providing companies with their personal data amid rising privacy issues. Jasmy makes sure users can manage their personal data themselves in the same way they choose to manage their finances.
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Challenges faced by companies that collect personal information from users but do not provide much security. This could lead to information being leaked. Companies are required to spend a lot of money on system…
