Jasmy ($JASMY), the brainchild of Jasmy Incorporated, a Tokyo-based pioneer in Internet of Things (IoT) solutions, has recently revealed its highly-anticipated roadmap for 2024. 

As a cryptocurrency project firmly grounded on the Ethereum blockchain, Jasmy is dedicated to creating a secure and decentralized platform for data exchange and ownership. 

By combining blockchain technology with IPFS (InterPlanetary File System), Jasmy aims to give users complete control over their personal information.

“Jasmy aims for a future where devices and individuals are connected and can securely and conveniently exchange data with each other. Most data comes from IoT devices. The main goal is to make data secure and valuable by linking this data to individuals” - Hiroshi Harada, CFO at Jasmy

Without further ado, let’s take a look at the roadmap…

Jasmy’s 2024 Roadmap

Data Valuation

IoT Device Collaboration:

• During Q1, Jasmy will establish strategic alliances with leading IoT device companies.
• Jasmy will develop new functionalities in collaboration with these companies from Q1-Q3.
• Transitioning into Q3-Q4, 2024, Jasmy will showcase the tangible benefits of IoT data utilization.

AI Customization:

• During Q1-Q2, new AI features will be incorporated into the Personal Data Locker, enhancing its adaptability to user preferences.
• In Q2-Q3, Jasmy will enhance the functionality of its Blockchain PC by integrating AI.

$JASMY Tokenomics

Jasmy Wallet Implementation:

• The points system will be issued on Jasmy L1 in Q1 and will be integrated into the JASMY ecosystem. Using QR transfers between KYC users, it will be operated in collaboration with Stablecoin. The points system will operate first while stablecoin receives its license.
• Progressing into Q2, Jasmy will expand collaboration within its exchange ecosystem, facilitating seamless token exchanges.
• Jasmy will enable token exchange within the Wallet throughout Q2-Q3.
• Activation of features within the Wallet utilizing tokens from Q2-Q3.

Lockup:

• Jasmy will introduce an exchange-linked lock-up feature in Q1, enhancing stability within the ecosystem.
• About 100,000,000 JASMY tokens will be locked up in Q2/April.

Carbon Credit Exchange

Development of Jasmy Carbon Credit Exchange (Temporary):

• Jasmy will establish basic exchange functions in Q1.
• In Q2, the protocol will implement a credit offset mechanism through token burns.

Regulation:

• Jasmy will apply for the voluntary market of the same standards during Q3-Q4.
• The team looks to obtain J credit certification by Q4.

Launch:

• Jasmy will launch the Testnet and facilitate limited trading activities in Q4.

Product Collaboration:

• The protocol will collaborate on credit linkage through Blockchain PCs during Q3-Q4.

“In 2024, we want to focus specifically on data integration with devices. As a step in this direction, we decided to collaborate with a global company that has a large amount of data and is exploring the possibilities of utilizing it. We will enhance our platform for device-specific data and its utilization” - Hiroshi Harada, CFO at Jasmy

What is Jasmy?

JASMY, the native cryptocurrency of the Jasmy ecosystem, serves as the backbone for all activities within the platform. 

Founded in April 2016 by former Sony executives, including Kunitake Ando, Kazumasa Sato, Masanobu Yoshida, and Hiroshi Harada, Jasmy aims to establish a world where users retain ownership of their data without compromising on privacy and security.

The project has been dedicated to constructing a decentralized and democratic environment over the past few years, aiming to empower individuals to control their data securely.

Jasmy operates as an ERC-20-based token, initially developed and launched on the Ethereum blockchain. Through Jasmy, users can benefit from Ethereum's processing power, advanced functionality for dApps, and robust security infrastructure.

How Does Jasmy Work?

With Internet of Things (IoT) devices on the rise in the era dubbed "the century of data," extensive data exchange has become possible. 

However, this landscape also brings heightened risks of data leakage and misuse. Recognizing these challenges, Jasmy has proactively designed its platform to prioritize data security.

Jasmy provides a secure IoT platform, facilitating information exchange among users while ensuring optimal data security. In addition to providing centralized management solutions, the platform also provides essential equipment like communication modules and wearables.