اقتصاد توکنی Jasmy (JASMY)

JasmyCoin (JASMY) is an ERC-20 token operating on the Ethereum blockchain, with a maximum supply of 50.00 billion tokens. The token economics of JasmyCoin, particularly its allocation and utility, have been subject to multiple revisions and disclosures, making a definitive, single allocation breakdown difficult to confirm.

Issuance Mechanism

JASMY operates with a fixed maximum token supply of 50.00 billion tokens.

• Current Status: As of August 22, 2024, only approximately 397.63 million JASMY (about 0.80% of the maximum supply) existed on the network.
• Historical Discrepancy: Earlier documents, including a May 2021 Medium post and a September 2020 whitepaper, cited a much smaller maximum supply of 50.00 million tokens, indicating a significant change in the project's token supply structure over time.

Allocation Mechanism

The allocation of the 50.00 billion JASMY tokens has been described differently across various project publications. The most recent and detailed allocation breakdown found in Medium posts from October 2021 and January 2022 is summarized below.

Note: A commercially reasonable search could not confirm which of the various allocation details disclosed by Jasmy is currently accurate.

Alternative Allocation Structures

Earlier allocation plans, based on the smaller 50.00 million maximum supply, included categories such as:

• Operating Company / Holding by Business Companies (30.00%): Intended for rewards to individual users allowing third parties to use their IoT data.
• Developer Plan / Developer Program (18.20% to 20.00%): Also intended for rewards to individual users for allowing third parties to use their IoT data.
• Business Financing (20.24% to 22.20%): Used to pay commissions and handling fees to relevant business financiers.
• Airdrop (10.44% to 12.76%): Used to ensure liquidity for investment institutions and foreign-funded enterprises, and to stimulate investor demand.
• Listing Expense / Listing Expenditures (8.36%): Used for business operating funds, legal and tax consulting fees, and exchange commission fees.
• Incentives (4.80% to 9.00%): Used as rewards for business contributions such as platform development and financial activities.

Usage and Incentive Mechanism

The core utility of JasmyCoin is intended to facilitate the Jasmy platform, which focuses on decentralized data storage and sharing.

Planned Utility (Not Currently Active)

The initial planned functions for JASMY included:

1. Payment for Service Fees: Paying fees when using the Jasmy platform.
2. Data Access Purchase: Paying to purchase access to data stored within Jasmy Personal Data Lockers (PDLs). This mechanism was intended to allow users to earn JASMY tokens when third parties paid to access their data, serving as a key incentive.
3. Medium of Exchange: Serving as a medium of exchange for products or services of equal value on the platform of Jasmy partners.

Current Utility (As of August 2024)

As of January 29, 2024, the project stated that the ecosystem was not yet operational. Consequently, the only current utility of JasmyCoin is for payment purposes or for investment and operation on an exchange.

A search conducted as of August 22, 2024, found no verifiable evidence that users or tokenholders can earn fees, additional tokens, or any form of compensation by interacting with the network or holding the token.

Locking Mechanism and Unlocking Time

The locking mechanism and unlocking schedule are based on the allocation model disclosed in the October 2021 and January 2022 Medium posts.

Locking Mechanism

• Ecosystem (48.00%): These tokens are designated as locked and are intended to be distributed as the business grows.
• Funds and Institutional Investors (27.00%): These tokens were locked with a gradual distribution schedule.
• Incentives (5.00%): These tokens were set to be unlocked after a period of two years from the achievement of specific conditions.

Unlocking Time

The primary unlocking period for the Funds and Institutional Investors allocation (13.50 billion JASMY, or 27.00% of the supply) was scheduled to be distributed gradually through 2022 to 2023.

The Contributors and Community allocation (10.00 billion JASMY, or 20.00% of the supply) was reported as fully unlocked as of the publication date of the relevant Medium posts (October 2021 and January 2022).

Information regarding any specific, upcoming token unlock events for JasmyCoin was not available.