What are the issue price and issue volume of JASMY coin

Fundamental Analysis of JASMY Coin: A Comprehensive Overview

Introduction

JASMY Coin (JASMY) emerged in the crypto landscape as a native token powering the JASMY Platform, a decentralized data exchange protocol that aims to empower individuals and businesses to monetize their data ownership and access valuable data insights. The platform encapsulates a suite of data management and utilization tools, fostering a thriving ecosystem for data exchange and unlocking the potential of data as a catalyst for economic growth.

Initial Coin Offering (ICO)

JASMY Coin conducted its Initial Coin Offering (ICO) in October 2020, offering 100 billion JASMY tokens for purchase. The ICO, spearheaded by the coin's parent company Jasmy Corporation, garnered significant investor interest and raised approximately 16 billion yen (USD 150 million) in funding.

Issue Price

The issue price of JASMY Coin during its ICO was set at 0.008 yen (JPY) per token. This price represented an initial valuation of USD 0.007 per JASMY token, based on the prevailing exchange rates at the time of the offering.

Issue Volume

During the ICO, a total of 100 billion JASMY tokens were issued, comprising the genesis block supply of the coin. This ample supply allowed for broad distribution and participation in the project's ecosystem.

Post-ICO Distribution and Performance

Following the ICO, JASMY Coin embarked on a journey of growth and market adoption. Its initial listing on cryptocurrency exchanges in November 2020 marked the start of its trading history. Since then, JASMY Coin has experienced fluctuations in price, influenced by market conditions and developments within its ecosystem.

JASMY's Utility and Value Proposition

Beyond its role as the native token of the JASMY Platform, JASMY Coin holds significant utility and value within the ecosystem:

• Data Ownership: JASMY empowers individuals to assert ownership over their personal data, granting them control and decision-making autonomy regarding its usage.
• Data Monetization: The JASMY Platform provides a marketplace where users can monetize their data, earning rewards for sharing and allowing businesses to access valuable data insights.
• Data Governance: JASMY Coin holders can actively participate in the governance of the JASMY Platform, voting on proposals that shape the protocol's future direction.

Current Market Value

As of March 8, 2023, JASMY Coin holds a market capitalization of approximately USD 385 million, ranking among the top 300 cryptocurrencies by this metric. Its current price hovers around USD 0.028, demonstrating a significant increase from its issue price during the ICO.

Market Analysis and Future Prospects

JASMY Coin's price trajectory has been influenced by various factors, including technological advancements, ecosystem adoption, regulatory changes, and overall market sentiment. Moving forward, the project's success hinges on its ability to continually innovate, expand its ecosystem, and gain wider recognition in the data economy.

Conclusion

JASMY Coin's journey since its ICO in 2020 has been marked by challenges and triumphs. The project's focus on data ownership, monetization, and governance has resonated with a growing community of users. As the data economy continues to gain traction, JASMY Coin is well-positioned to capture a meaningful share of this burgeoning market, unlocking new possibilities for data-driven growth and unlocking the true potential of data as a valuable asset.