자스미 (JASMY) 토크노믹스

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

Issuance Mechanism

JASMY operates with a fixed maximum token supply of 50.00 billion tokens. The token is an ERC-20 standard token on Ethereum.

Allocation Mechanism

The token allocation details for JASMY have varied across different project documents (whitepaper and Medium posts). The most recent and detailed allocation breakdown from Medium posts (October 2021 and January 2022) suggests the following distribution based on the 50.00 billion maximum supply:

Note: Earlier documents, such as the September 2020 whitepaper and a May 2021 Medium post, cited a maximum supply of 50.00 million JASMY, significantly lower than the current 50.00 billion figure.

Usage and Incentive Mechanism

The core utility of JasmyCoin is currently limited, as the full ecosystem is not yet operational.

Planned Utility (Not Currently Active)

The initial planned functions for JASMY were centered around the Jasmy platform, which focuses on data democratization and the Internet of Things (IoT):

• Service Fees: Paying service fees when utilizing the JASMY platform.
• Data Access: Purchasing access to data stored within Jasmy Personal Data Lockers (PDLs). This mechanism was intended to allow individual users to earn JASMY tokens when third parties paid to access their data.
• Medium of Exchange: Serving as a medium of exchange for products or services of equal value offered by JASMY partners.

Current Utility (As of August 2024)

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

Incentives and Compensation

A search conducted as of August 22, 2024, found no verifiable evidence that users or tokenholders currently earn fees, additional tokens, or any form of compensation (such as dividends, interest, or liquidity rewards) by interacting with the network or holding the token.

The project did announce the development of JASMY staking in October 2021, specifically planning for BEP-20 JASMY on BNB Smart Chain, but details on its operational status or mechanism are not available.

Locking Mechanism and Unlocking Schedule

The token allocation includes several locked categories with defined or conditional unlocking schedules.

Key Unlocking Events

Detailed Breakdown of Locking and Unlocking

1. Contributors and Community (20.00% / 10 Billion JASMY): This allocation was fully unlocked at token genesis on October 1, 2021.
2. Ecosystem (48.00% / 24 Billion JASMY): This large allocation was also listed as a cliff unlock on October 1, 2021. However, documentation states that this category was originally "locked and will be distributed as the business grows."
3. Funds and Institutional Investors (27.00% / 13.5 Billion JASMY): This allocation was subject to a linear daily unlock schedule, starting on October 1, 2021, and concluding on September 30, 2023. The daily unlock amount was approximately 18.49 million JASMY.
4. Incentives (5.00% / 2.5 Billion JASMY): This allocation was scheduled for a cliff unlock on October 1, 2023. This unlock was conditional, set to occur two years after token genesis upon the achievement of specific, undisclosed milestones.

The data indicates that the majority of the token supply was scheduled to be unlocked by the end of September 2023, with the final major conditional unlock occurring on October 1, 2023. As of August 22, 2024, approximately 99% of the total supply is reported to be distributed and held by investors on exchanges.