JASMY Description
Overview
JasmyCoin (JASMY) is the native utility token of Jasmy Inc., a Tokyo-based company operating an IoT and personal-data-sovereignty platform built on Ethereum (ERC-20).
The platform combines blockchain, edge computing, and IPFS-based decentralized storage so individuals can store, manage, and selectively share or monetize their own data, including data generated by IoT devices. The JASMY contract was deployed on Ethereum mainnet on 2019-12-26.
Value Proposition
JasmyCoin differentiates itself by focusing on individual data ownership rather than a generic DeFi or Layer-1 use case, giving users control over their own IoT-generated data. Users manage and share this data through Jasmy Inc.'s data locker system.
As of 2026-09-01, the JASMY Ethereum contract had 100,606 holders, indicating broad distribution despite the project's narrow data-sovereignty niche. Jasmy Inc. has also incubated Janction, a Layer-2 network extending the ecosystem into decentralized GPU/AI compute.
Token Basics
JASMY is a utility token used to pay for and access services within Jasmy Inc.'s data locker system, where individuals store and selectively share their personal and IoT-generated data.
Tokenomics
JASMY has a fixed maximum supply of 50,000,000,000 tokens, with circulating supply of 49,444,999,677 JASMY as of 2026-08-31.
- Fully diluted valuation: approximately $256.7 million
- Market capitalization: approximately $253.7 million
- No active minting mechanism; supply is fixed, making net token emission non-inflationary
Launch & Funding
JasmyCoin did not conduct a traditional ICO; its Token Generation Event concluded on 2021-02-04, while the underlying ERC-20 contract had already been deployed earlier, on 2019-12-26.
Public trading began on the Japanese exchange BITPoint Japan around the 2021 launch, and Binance opened JASMY/BTC, JASMY/BNB, JASMY/BUSD, and JASMY/USDT spot pairs on 2021-11-22.
Blockchain & Consensus
JasmyCoin (JASMY) is deployed as an ERC-20 token on Ethereum, which secures the network through proof-of-stake consensus.
Jasmy Inc. does not operate its own base-layer blockchain or validator set for JASMY itself; the token relies entirely on Ethereum's infrastructure. Separately, Jasmy Inc. has incubated Janction, an EVM-compatible Layer-2 network built using Arbitrum technology.
Team
Jasmy Inc. was founded in Tokyo in April 2016 by a team including former Sony Corporation executives.
- Kunitake Ando — Representative Director/Chairman; former President & COO of Sony Corporation (2000–2005)
- Kazumasa Sato — President & COO of Jasmy; former CEO of Sony Style.com Japan
- Masanobu Yoshida — former Deputy President & CTO of Jasmy (retired December 2021)
- Hiroshi Harada — CFO of Jasmy
Issuing Organization
Jasmy Inc. (Jasmy Corporation), established in Tokyo, Japan in April 2016, develops and maintains the JasmyCoin ecosystem.
The company's stated focus is IoT and personal-data-sovereignty infrastructure combining blockchain, edge computing, and decentralized storage, with an official website at jasmy.co.jp. Jasmy Inc. has also incubated Janction, a separate Layer-2 network for decentralized GPU/AI compute, extending its original data-sovereignty mission into DePIN.
Governance
JasmyCoin's governance is relatively centralized, with major product and protocol decisions made by Jasmy Inc.'s executive leadership rather than through binding on-chain token-holder voting.
JASMY holders can participate in community governance channels, but this role is characterized as informal, off-chain community signaling rather than formal governance.
Roadmap
Jasmy Inc.'s current fundamental roadmap centers on Janction, its incubated Layer-2, EVM-compatible network built using Arbitrum technology for decentralized GPU/AI compute.
Janction is following a roadmap of quarterly milestones running from April 2025 through March 2026, including a "GPU Pool" feature that lets users rent idle high-performance GPUs, such as NVIDIA H100- and A100-class hardware, for AI and 3D workloads.
Security
JasmyCoin's smart contract has been audited by SlowMist, a blockchain security firm.
- Contract verified on-chain and flagged as non-spam, with a security score of 65
- Top 10 holders control 51% of supply, and DEX liquidity relative to market cap is rated high risk versus peers
Frequently Asked Questions
What is JasmyCoin (JASMY)?
JasmyCoin (JASMY) is an Ethereum-based (ERC-20) utility token issued by Jasmy Inc., a Tokyo company operating an IoT and personal-data-sovereignty platform. It combines blockchain, edge computing, and IPFS-based decentralized storage so individuals can store, manage, and share or monetize their own IoT-generated data, with JASMY used to pay for these services.
What blockchain does JASMY run on?
JASMY is deployed as an ERC-20 token on Ethereum mainnet, with its smart contract deployed on 2019-12-26. It relies on Ethereum's proof-of-stake consensus for security and settlement. Jasmy Inc. does not operate a separate base-layer blockchain for JASMY itself, though it has incubated a Layer-2 network called Janction.
What is JASMY used for?
JASMY functions as a utility token within Jasmy Inc.'s data locker system, where it is used to pay for and access personal data storage and sharing services. Holders can also take part in informal community governance channels, though the project has no formal on-chain voting or DAO structure.
What is the maximum supply of JASMY?
JASMY has a fixed maximum supply of 50,000,000,000 tokens, with circulating supply of 49,444,999,677 as of 2026-08-31. There is no active minting mechanism beyond this fixed cap, so net token emission is non-inflationary. Fully diluted valuation was approximately $256.7 million at that time.
Who founded Jasmy Inc.?
Jasmy Inc. was founded in Tokyo in April 2016 by a team that includes former Sony Corporation executives. Kunitake Ando, former President and COO of Sony, serves as Chairman, while Kazumasa Sato, formerly of Sony Style.com Japan, serves as President and COO; Hiroshi Harada is CFO.
Has JasmyCoin been audited?
Yes, JasmyCoin's smart contract has been audited by SlowMist, a blockchain security firm. Its Ethereum contract is independently verified and flagged as non-spam, with a security score of 65. Jasmy Inc., the corporate entity behind the token, is also reported to hold ISO/IEC 27001 information-security certification for its operations.
Why is JASMY being delisted from Upbit and Bithumb?
South Korea's Upbit and Bithumb announced they will delist JASMY, alongside STORJ and ThunderCore, effective September 14, 2026, following investment-caution designations placed on the tokens in late July 2026. Withdrawals of delisted assets remain available until October 14, 2026, giving holders a window to move funds.
What is Janction and how does it relate to JASMY?
Janction is a Layer-2, EVM-compatible network incubated by Jasmy Inc., built using Arbitrum technology and focused on decentralized GPU/AI compute. It includes a GPU Pool letting users rent high-performance GPUs for AI and 3D workloads, extending Jasmy's data-sovereignty mission into decentralized physical infrastructure through 2026.
