Who owns the most Jasmy crypto? High concentration among top 10 holders as price of Japan’s bitcoin plumbs new depths

Who owns the most Jasmy crypto? High concentration among top 10 holders as price of Japan’s bitcoin plumbs new depths

JasmyCoin (JASMY) has been on a bear run for over a year now, falling by more than 99% since peaking for the last time in May 2021. As of 11 November, the coin was valued at $0.0041.

Despite a downfall in JASMY price action, the token has been seeing a surge in active addresses. Let’s have a closer look at who owns the most JASMY crypto.

What is JASMY?

Jasmy is a Japanese internet of things (IoT) company that aims to make data sharing safer, and more decentralised and democratised. It specialises in the safe buying and selling of personal data. It was founded in April 2016 by Kunitake Ando and Kazumasa Sato, two former Sony executives, and Hiroshi Harada, a former employee at KPMG.

Harada, who serves as the platform’s CFO, told Binance in an interview in September 2022:

“Jasmy’s mission is to create a mechanism/platform which allows all users to take ownership of their own data in a secure and private manner. Instead of letting a handful of big tech corporations take control of such sensitive data, Jasmy aims to help enable a world where everyone can feel safe and secure about the use of their own data.”

The platform allows users to:

  • Store and control their data in a safe and secure environment
  • Safely and securely manage and control their devices
  • Provide safe and secure use of their data under clear rules

Jasmy’s Personal Data Locker (PDL) provides users with full ownership over their personal data while its Secure Knowledge Communicator (SKC) is responsible for the achievement of data democracy.

The platform promises to provide its customers with an IoT platform that will help them manage their IoT data securely and efficiently; IoT devices and services that will help customers with the development and maintenance of their IoT platforms and thorough data analysis which will be used for the further improvement of the platform.

Jasmy’s native token, JasmyCoin (JASMY), is used by companies that wish to purchase the users’ data stored on the platform. The token can also be used by users as investment, for governance and metaverse utility. JASMY was built on the Ethereum (ETH) ecosystem and is an ERC-20 token.

JASMY was launched at the end of October 2021 and has been dubbed  as “Japan’s bitcoin”.

JASMY supply explained

According to data provided by CoinMarketCap, JASMY has a maximum and total supply of 50 billion coins. This makes the coin a deflationary asset, similar to bitcoin (BTC), due to the limit on how many coins can be mined.

As of 11 November 2022, the token had a circulating supply surpassing 4.7 billion and a market capitalisation of $19.4m.

JASMY was Japan’s first ever legally approved cryptocurrency as the country had imposed a strict regulation for this market. It was listed on the Japanese crypto exchange BITpoint on 27 October 2021.

The cryptocurrency was met with a lot of enthusiasm upon its launch, skyrocketing by more than 230% in four days from $1.3024 on 12 February 2021 to $4.2929 – an all-time high following its listing on the crypto exchange Gate.io.

After the fast surge, the token lost over 58% of its value falling to $1.7851 by 22 February 2021, but managed to regain 67% of its value soon after, reaching $2.9628 on 2 March 2021.

JASMY grew past the $2 barrier once again on 9 March 2021 as the platform announced it had joined GitHub, thus providing a space where its users could discuss upcoming projects, news and bugs.

JASMY to USD chart, February 2021 – November 2022

JASMY to USD chart, February 2021 – November 2022

Source: CoinMarketCap

By 5 May 2021, however, the coin lost around 50% of its value, falling to $1.0965 before seeing a mini-surge on the following day and rising to $2.1586. The bullish price action did not last long. The coin entered a bear run, falling by 95% in the following weeks and reaching $0.05456 on 20 June 2021.

Since then, the coin was unable to reach previous highs, falling by an additional 92.4% to $0.004122 as of 11 November 2022.

Who owns the most JASMY crypto?

In the past two months, JASMY lost over 57% of its value, falling from $0.009717 on 10 September 2022 to $0.004122 on 11 November 2022. Despite the continued bear trend, token concertation among the top 10 JASMY holders remained high.

Data published on Sanbase showed that the number of active JASMY token addresses spiked to 673 on 30 October from 224 the day before. The number of active JASMY holders spiked once again on 9 November to 719 from a low of 273 on 7 November 2022.

So, who has the most JASMY tokens? Data provided by etherscan.io showed that there are 36,169 JASMY holders in total. The 10 biggest JASMY holders, as of 11 November, collectively owned 51.33% of the total token supply in circulation, meanwhile the top 100 owned 85.44%.

The website noted that the top account holding the most JASMY tokens was the world’s biggest cryptocurrency exchange Binance (BNB). Binance owned 23.43% of the total supply, which amounted to 11.7 billion JASMY coins worth around $48,500, as of 11 November. It’s likely that the exchange is holding the tokens on behalf of its users.

The second on etherscan’s top holders of JASMY list was crypto exchange Mexc.com. It owned 5.86% of the total supply, amounting to 2.9 billion tokens. Mexc.com could own JASMY tokens on behalf of its users.

The third biggest JASMY account was Jasmy Deployer which held 4.8% of the tokens’ total supply amounting  to 2.4 billion coins. The fourth and fifth biggest JASMY holders were two anonymous wallets holding 4.12% (1.34 billion coins) and 2.7% (1.29 billion coins) of the tokens’ total supply respectively.

Analyst views on Jasmy’s tokenomics

Knowing who owns the most JASMY tokens can be of use to many retail investors and traders, Anndy Lian, chief digital advisor at the Mongolian Productivity Organisation and author of ‘NFT: From Zero to Hero’, told Capital.com:

“The concentration of tokens on exchanges on leading exchanges such as Binance is a confidence booster for many retail investors.

“JASMY has gained interest from some of the biggest names in Japan’s technology industry. Pansonic and VAIO have also partnered with JASMY. During the COVID-19 pandemic, the largest call centre in Japan, Transcosmos, used JASMY to secure its data. The big names using JASMY’s technology are a really attractive selling point for retail investors.”

Lian added that for JASMY to truly grow, the firm would need to showcase its technology and focus on revenue.

“After all, they are the first legally compliant Japanese crypto coin listed on the Japanese cryptocurrency exchange. Japanese law strictly governs cryptocurrency transactions subject to Financial Services Agency inspections. Being accountable by Japanese law, they need to walk away from fluff and hype and concentrate on real business first.”

Please note that analysts’ predictions and opinions can be wrong. The information about the biggest cryptocurrency whales and ownership concentration shouldn’t be used as a substitute for your own research. Always conduct your own due diligence before trading. And never invest or trade money you cannot afford to lose.

 

Source: https://capital.com/jasmy-token-who-owns-most-jasmycoin-crypto

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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Rakuten Japan: Gaimin.io与韩国电子竞技产业协会达成合作意向

Rakuten Japan: Gaimin.io与韩国电子竞技产业协会达成合作意向
[2019年11月20日,韩国/首尔] Gaimin.io与韩国电子竞技产业协会就合作促进电子竞技游戏市场达成合作协议。

本月17日,Gaimin首席产品官Calvin Adamus专程从瑞典飞往韩国,与韩国电子竞技产业协会主席Park Bong-kyu首次在韩国首尔会面,探讨Gaimin.io的平台在韩国游戏市场的发展,并于20日在2019 WBS Ma rvels大会上终于达成合作协定。

2019年,韩国游戏市场达到$ 12.3B USD,预计到2020年将增长至$ 12.6B USD。韩国是第一个成功实现在线游戏商业化的国家。它将游戏平台的主流从单机游戏机和PC变为在线。在这一转折点之前,游戏机游戏市场由日本和美国领导,而个人电脑游戏行业则以美国和台湾为主。根据韩国创意内容总署提供的统计数据显示,自2008年以来,游戏行业的平均销售额增长了14.9%。在全球范围内,电子竞技市场预计在2020年将达到$ 1.5B USD。

自2019年起,Gaimin.io开始正式聚焦亚洲市场,并与韩国的Borabit和中国的Nazadax成功进行了两次IEO,取得了热烈的反响。韩中两国都是游戏和电子竞技行业的领导者,也是Gaimin最注重的市场。在IEO期间,总共售出了6,000,000个代币,根据反馈,抢购者中许多是游戏玩家。

“这是我第一次来韩国,也是我第一次见到如此多的区块链爱好者和专家。我很高兴成为韩国区块链社区的一员,他们给了我关于游戏和区块链如何融合的新观点。Park Bong-kyu主席与我分享了许多关于韩国市场的最新动态,这是我受益匪浅。我们一拍即合,决定一起合作,将区块链和游戏,亚洲与欧洲连接到一起。 相信这对于Gaimin.io的社区也是一个重大利好消息。” Calvin分享对Blockcast.cc的记者分享到。

Park Bong-kyu主席同样对合作发表了评论:“我一直在积极韩国倡导区块链和电子竞技。我了解游戏玩家之间的知识共享很重要,如果Gaimin.io可以成为共享游戏知识和资源的平台,成为一站式游戏资产平台,一定会得到市场的认可。我希望与Gaimin一起探索未来更多的可能性,将亚洲和欧洲的电子竞技游戏玩家连接并聚集到一起。”

Park Bong-kyu主席还是世界最大区块链会议之一的世界区块链峰会(WBS) MARVELS的组织者。他一直在努力尝试连接各个国家的区块链和游戏从业者,促进整体行业发展。

WBS MARVELS具有超前瞻性,不断吸引着像Calvin这样的国际从业者参加并与亚洲行业领袖进行分享和交流。在会上的“ 2030年区块链革命”讨论环节,由政府间区块链顾问Anndy Lian主持,小组成员还包括ECRO Chain Holdings的CEO Vazgen Yeghiazar, 香港区块链协会的Jay Laing, 前亚马逊成员Jonathan Kommer),Hdac的Nicholas Jacquet和Fight to Fame的Saul Tarazona。国际嘉宾阵容分享了他们对区块链及其用途的未来的看法。在本小组会议中,游戏做为区块链的主要落地场景之一也被反复提到。

更多关于Gaimin的信息,请参考Gaimin.io

  • 媒体联系:Blockcast.cc
    联系人:Jenny Zheng
    联系电话:+65 9883 2707
    邮件:contact@blockcast.cc
    网站:www.blockcast.cc

Source: https://plaza.rakuten.co.jp/1news/diary/201911240000/

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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LINFINITY Expands Its Footprint in Japan to Create An Intelligent Supply Chain System for Smart Factories

LINFINITY Expands Its Footprint in Japan to Create An Intelligent Supply Chain System for Smart Factories

Since its inception, Japan, as the third largest economy in the world, has always been very inclusive regarding the promotion and development of blockchain technology. With the application scenarios for blockchain technology increasing, blockchain technology in Japan is gradually becoming of greater practical use. The application model of “blockchain plus” is constantly being piloted in various fields as a result, including for supply chain management, source tracking, and payments and remittances.

Smart factories are the latest and greatest technologies to emerge from the myriad developments in information technology in modern factories. In the current Industry 4.0 era, the individualized needs of customers are becoming more and more extensive. This adaptation to the ever-growing needs of consumers requires the logistical management within the manufacturing enterprise to create a more intelligent and flexible system. In order to comply with this new round of developments in information technology – such as the Internet of Things (IoT), big data, and Artificial Intelligence (AI) – the building of “smart factories” and the use of “smart logistics” is an inevitable trend to embrace when promoting the development of productivity.

(LINFINITY CEO Anndy Lian introduces intelligent supply chain solution)

Mr. Anndy Lian, CEO of LINFINITY, pointed out that blockchain technology and Artificial Intelligence (AI) technology are also a new field of challenges for LINFINITY in the construction of “smart factory”-based supply chains. As an integral part of smart factories, an intelligent supply chain system needs to be interfaced with other intelligent systems to form an integrated solution to traditional supply-chain issues.

Driving reform with new ideas, technologies and skills remains the key engine for further growth in productivity. LINFINITY’s blockchain-based anti-counterfeiting and traceability supply chain system is equipped with innovative IoT technology, which has unique advantages in both cyber-security and traditional security management thanks to its inherent traceability. It supports flexible and configurable supply chain management strategies, enables users to achieve real-time on-demand production, and achieves optimal planning of the various links within the supply chain, all of which help to contribute to the advancement towards maximum efficiency within the extended supply chain system of a growing enterprise.

In its recent announcement, Japan’s Internet finance giant SBI has always been very active in investing in blockchain technology, with investments in various key companies: Orb, R3, Ripple, Kraken, Coinplug, Veem, Wirex, and Bitflyer. This diversification of investments covers multiple fields of blockchain application, including exchanges, remittances, bank blockchain alliances, blockchain solutions, and so on. At the same time, the traditional financial sector is also beginning to accelerate its use of blockchain technology. Mizuho Bank, a subsidiary of the Mizuho Financial Group of Japan, has been working together with the Japanese contingency of IBM to jointly develop a blockchain trading and finance platform. Based on blockchain solutions, Mizuho aims to increase the efficiency of both supply chain and trade-related processes.

(Herbriller Essence)

With its successful practice for Japanese haircare brand – Herbriller, LINFINITY is adopting a number of strategic and vision-based approaches and practices to help traditional industry in this historical transformation and will provide a full range of technical supports with its blockchain-based anti-counterfeiting and traceability solutions to the current shortcomings experienced within traditional supply-chain methods of logistics and procurement.

 

About LINFINITY:

As a credible distributed business platform underlying Blockchain, Internet of Things and Big Data technology, employing a guideline of “Internet of everything and sharing with mutual trust”, LINFINITY is a platform with reliable data, transparent information, efficient cooperation and interconnected network to cope with the practical business pain points and development demand of corporate users.

For more information about LINFINITY and their future activities, please visit www.linfinity.io or contact pr@linfinity.io.

Facebook: https://www.facebook.com/linfinity.io/

Twitter: https://mobile.twitter.com/LinfinityToken

LinkedIn: https://www.linkedin.com/company/linfinity/

Media: https://medium.com/@linfinityio

Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author “Blockchain Revolution 2030”.

Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.

An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.

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