Jasmy Coin is a utility token and is based on the ERC-20 protocol. Here are some facts about Jasmy Crypto:
- Jasmy is a blockchain platform focused on providing security and data sharing services in the IoT era.
- Jasmy as an organization develops decentralized IoT platforms using a decentralized storage network.
- The Jasmy platform is used to create and maintain the infrastructure necessary for data owners to store, access, and exchange data.
To achieve this, Jasmy follows four steps, the steps are:
- Metadata storage
- Creating an ID
- Immersive game worlds
- IoT devices and equipment
- Jasmy was developed as a data security token. In other words, the Jasmy platform allows users to protect their data in the data cabinet. It is designed for both individuals and businesses. If an individual or company wants to access the data, they must pay in Jasmy coins to access it.
- Key steps
- In the first step, with the help of the Internet of Things, users can securely store code, text, information, images, video, motion, and audio for metaverse uses. Once this is done, Jasmy provides an immutable, unique, and decentralized identity solution. It helps blockchain establish a digital identity.
- In the next step, the Jasmy protocol allows the creation and storage of characters, equipment, skins, and other metaverted game resources in the form of non-fungible tokens (NFTs). Jasmy’s blockchain also provides a platform for using IoT technologies, sensor modules, augmented reality (AR), and VR devices.
- Users are even allowed to exchange Jasmy coins for goods equivalent to the value of Jasmy coin on Jasmy’s collaborators.
Jasmy’s performance in 2022
- Last 1 month: -5.4%
- Last 3 months: -55.9%
- YTD: -95.7%
Table of Contents:
Is Jasmy Coin a good investment?
Jasmy is a blockchain platform focused on providing security and data sharing services in the IoT era. As an organization, Jasmy develops decentralized IoT platforms using a decentralized storage network. Here are the uses of Jasmy Coin:
- Jasmy Coin, the ERC-20 coin plays an important role in powering the platform. It is the native token of the Jasmy ecosystem and therefore is used as governance and game tokens on Jasmy games.
- Jasmy coin is used to purchase game resources in Jasmy games.
- Jasmy is also used for Staking and also for rewards on the Jasmy platform.
- cares about data security, Jasmy Coin is used to access the data available in Jasmy’s data lockers.
- coin is also used to vote on the Jasmy platform.
Since Jasmy
The Jasmy
Therefore, is Jasmy coin a good investment?
- While it certainly provides some value and security, demand for Jasmy tokens is unlikely to be large since consumers and businesses have other options. Therefore, Jasmy is completely dependent on excess liquidity to grow, in summary, a highly speculative cryptocurrency.
- This is demonstrated by this year’s performance. Unlike most Altcoins, Jasmy started falling much earlier in February and lost 95% of its value. It has fallen by a further 24% in the last two weeks due to the FTX scandal.
- It is possible that Jasmy will recover in the future, but this is only if the use cases expand and there is a sufficient base market for such a cryptocurrency.
In summary, Jasmy coin is not a good investment
Will Jasmy reach $1?
Jasmy will have to increase by 256x to reach $1. This translates to a market cap of $4.7 billion. Mathematically and in theory this is feasible. Many tokens have managed to achieve this However, there must be serious progress in Jasmy Coin use cases to justify these levels. At the moment, we can say that Jasmy is unlikely to reach these levels.
Jasmy Price Prediction 2023-2030
Jasmy Price Prediction 2022
By the end of 2022, Jasmy is expected to be $0.006.
Jasmy Price Prediction 2023
Jasmy’s price prediction for 2023 is $0.010 provided Jasmy’s price increases by 50% from now.
Jasmy Coin Price Prediction 2025
The year 2025 may not be as fruitful as 2021 was for Jasmy. Jasmy’s price is expected to remain below $0.028 even by the end of 2025. However, this price forecast is based on the current momentum. If the current prospects of the cryptocurrency market improve, Jasmy’s price could reach a higher price than expected. However, as of now, Jasmy’s 2025 price prediction is $0.027
Jasmy Price Prediction 2030
It is very difficult to predict the future of cryptocurrency since the market has been very vulnerable lately. However, few of the platforms have predicted that Jasmy’s price will remain below $0.50 in 2030 as well. It should be noted that the forecast was made in accordance with the current market condition. Therefore, once market conditions improve, future pricing forecasts for Jasmy will also improve.
The year 2030 could prove slightly fruitful for Jasmy compared to current market conditions. Jasmy is expected to be $0.136 in the year 2030.
How is Jasmy different and who are his competitors?
Jasmy is designed for IoT, the Internet of Things. Now, what is the Internet of Things? IoT or Internet of Things is the connection between devices through the Internet that allows the sharing and reception of data between these devices. The devices could be computers, cars, phones, etc.
As a blockchain, Jasmy deals with security and metaverted data exchange. With the expansion of the metaverse world, a significant problem within the metaverse and blockchain worlds is the lack of an effective and decentralized data storage system.
Jasmy comes into play in this field and thus differentiates itself from the rest of blockchains. With metaverse, applications built on the network can establish direct bridges for exchanging data between them. Jasmy offers a secure, user-oriented environment where data can be stored, saved, or exchanged.
To achieve this, Jasmy follows four steps, the steps are:
Metadata storage
Creating an ID
Immersive game worlds
IoT devices and equipment
Jasmy Price Prediction: Where Can I Buy Jasmy?
Jasmy is based on the Ethereum blockchain, so to buy Jasmy coins, you need to follow the steps below:
Step 1: To invest in CRO first you need to find an exchange that offers CRO Coin for Trade
Step 2: Create an account with Exchange
Step 3: Verify your identity
Step 4: Fund your wallet
Step 5: Make your purchase
The following exchanges offer Jasmy coins to trade. The exchanges are Binance, Coinbase, KuCoin, Cypto.com, etc.
