Thread by @2xnmore

#Jasmy, a potential powerhouse often ignored by the masses, remains undiscovered.

I am bullish on $JASMY and the unique nature of it's blockchain Hybrid technology?

Everything you need to know, if you weren't aware of it. 🧵

#Jasmycoin #JASMYUSDT @JasmyMGT

The scope of this thread will include but not be limited to:

1. Introduction of $Jasmy and it's goals
2. Benefits and limitations
3. Tokenomics in brief
4. Conclusion and recommendation.

Let's dive in.

1️⃣ $Jasmy is an IoT company that aims to revolutionize data security and privacy through the use of decentralized blockchain technology.

By creating a "data democracy" where users can control and access their own information.

#Jasmy aims to combat centralization and empower individuals to make the most of their personal data as a unique asset.

large corporations control our access to the internet. And these organizations collect our data and then sell it through centralized systems.

They store people’s data, including behavior and history, free of charge.

This data is collected by these networks’ centralized systems and is either managed, studied or used for different reasons.

This personal data may be exposed to cyberattacks, system glitches or poor human management.

JasmyCoin is the brainchild of $Jasmy Corporation, led by former Sony executives including President Kunitake Andō.

2️⃣ $JASMY is Japan's first legally compliant cryptocurrency, traded on a Japanese exchange.

The Japanese government regulates crypto transactions, ensuring their safety and subject to inspections by the Financial Services Agency.

This makes $JASMY one of the safest crypto investments.

JASMY underwent a thorough evaluation and analysis, being officially listed and treated as stocks or securities.

The company operates in compliance with Japanese market regulations and is subject to periodic inspections.

Any violations that put investors at risk will result in accountability by Japanese law, which can revoke the exchange license.

This level of scrutiny makes $JASMY a confident investment.

However, the token's initial popularity exploded but its long-term growth may not be sustainable. Caution is advised.

On a positive note, $JASMY aims to end media giants' control over private data in the expanding IoT market.

It offers users the unique opportunity to manage their data outside centralized networks, addressing privacy and security concerns.

3️⃣ #JasmyCoin Tokenomics:

• 48% allocated to an ecosystem fund
• 27% to investors
• 20% to contributors and community
• 5% to an incentives program Max supply: 50 billion Circulating supply.

I am sure there are more detailed threads about tokenomics out there.

4️⃣ #Jasmy claims that the use of their platform can lower information security expenses, enhance service quality, and access user information not within the company.

The use of personal data for financial gain is a significant current issue.

Following controversies such as Cambridge Analytica's exploitation of Facebook data.

#Jasmy's blockchain platform aims to restore and secure personal data sovereignty by combining IoT and blockchain technology.

Unlike centralized systems that collect, analyze, and profit from data, #Jasmy's decentralized blockchain safeguards user data.

Jasmy, marketed as Japan's Bitcoin, is a blockchain-IoT hybrid platform aimed at democratizing data. It offers a secure plateform to access data.

Regardless of your view on #JasmyCoin's prospects, always thoroughly research before investing.

That's all folks if you made it this far, please leave a comment.

So we can interact, I would love to hear from you.

$Jasmy Community.

If you found this useful kindly ;

1. Follow me @2xnmore for educational threads;
2. Like +RT and share;
3. Also read thread 🧵 below before investing in the highly volatile crypto market.

#Jasmycoin #JASMYUSDT @JasmyMGT $JASMY

https://twitter.com/2xnmore/status/1617938416444018691?t=vOjNtV-8C0UMKZba8rz2Mw&s=19

My super drooper list of Influencers is in no apparent order.

@cyrilXBT
@RvCrypto
@reptilepres
@ViktorDefi
@CryptoGirlNova
@crypthoem
@ViktorDefi
@defiinvestor
@defi_mochi
@wauwda
@BraverCrypto
@cardano_whale
@IamZeroIka
@MercyDeGreat
@Only1temmy
@thelearningpill
@NFT_Djinn

🫡