JasmyCoin
JASMY
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
JasmyCoin (JASMY) synthesizes a legitimate corporate background with significant legacy market headwinds. On the positive side, the project is led by fully public former Sony executives under Japanese corporate registration, compliant with Japanese regulatory frameworks, and backed by a verified smart contract audit from SlowMist with zero documented hacks or protocol exploits. Development activity remains active with the JasmyChain L2 rollout and enterprise certifications, while the token supply is almost fully unlocked (~97-99% circulating), eliminating major future unlock overhangs. However, the project is constrained by centralized governance lacking DAO oversight or on-chain voting, minimal public repository transparency, and weak value-accrual sinks. Furthermore, the token suffers from a ~99.9% drawdown from its 2021 all-time high, though no qualifying red-flag events (such as exploits, regulatory actions, or hostile delistings) were identified. No data gaps were present.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About JasmyCoin (JASMY)
JasmyCoin (JASMY) is an ERC-20 utility token deployed on the Ethereum blockchain, serving as the native asset for the Jasmy platform. Developed by Tokyo-based Jasmy Incorporated, which was founded in April 2016 by former Sony executives Kunitake Ando and Kazumasa Sato alongside Hiroshi Harada, the project focuses on Internet of Things (IoT) data sovereignty and personal data monetization. The platform aims to allow users to store, manage, and monetize their device-generated data while adhering to Japanese regulatory frameworks and enterprise standards such as ISO/IEC 27001 and PrivacyMark.
The project's infrastructure includes consumer applications such as Jasmy Base and DD Payment, alongside the JasmyChain Layer-2 mainnet rollout. JASMY has a fixed maximum supply of 50,000,000,000 tokens minted at genesis in December 2019, with no protocol-level inflation. Approximately 97% to 98.9% of the supply is in circulation, which minimizes future unlock overhangs. However, the tokenomics lack native burning, buyback mechanisms, or staking sinks to direct protocol value accrual.
Governance of the project is fully centralized under Jasmy Incorporated, with no decentralized autonomous organization (DAO) or on-chain voting mechanisms for token holders. While the core ERC-20 token contract was audited by SlowMist with no recorded smart contract exploits or protocol breaches, the asset has experienced severe market depreciation. Following its all-time high of $4.99 in February 2021, JASMY suffered an unrecovered drawdown of approximately 99.8% to 99.9%, driven by historical vesting dilution and broader market pressure, while large-scale commercial and enterprise adoption remains unrealized.