JasmyCoin (JASMY)

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Historical price evolution of JasmyCoin

Daily historical data. Updated automatically.

JasmyCoin has its roots in April 2016, when a group of veteran Sony executives founded Jasmy Corporation in Tokyo. The founding team was led by Kunitake Ando, seventh president of Sony Corporation and responsible for emblematic products such as VAIO, Xperia and Sony Life Insurance, alongside Kazumasa Sato, former CEO of Sony Style.com Japan, Masanobu Yoshida as CTO until December 2021, and Hiroshi Harada, former financial auditor at KPMG. The project's fundamental thesis proposed that major technology companies such as Google, Apple, Meta and Amazon monetise without compensation the data generated by their users' IoT devices, whilst Jasmy would allow users to own their data and receive compensation for sharing it.

The project's technical development advanced in 2019 with the deployment of JASMY's ERC-20 smart contract on the Ethereum blockchain. However, the most significant milestone came on 1st October 2021, when the official launch of the JASMY token occurred on the Japanese exchange BITPoint Japan. This launch marked an important regulatory precedent, as JASMY became the first token to obtain complete regulatory compliance under Japan's Financial Services Agency (FSA), considered the world's strictest regulation for digital assets. This distinction earned it the nickname "the Bitcoin of Japan" within the community.

The days following the launch were spectacular in terms of price, reaching an all-time high of approximately 4.79 USD with a total supply of 50,000 million JASMY tokens. Nevertheless, the initial euphoria was ephemeral. In December 2021, JASMY's price experienced a collapse of more than 99% from its all-time high due to the massive unlocking and distribution of the token supply, reaching its all-time low of approximately 0.0027 USD in December 2022.

During 2022 and 2023, Jasmy Corporation focused on business and technological development, establishing strategic partnerships with companies such as Transcosmos, Panasonic and VAIO, Sony's former subsidiary specialising in laptops. In parallel, the company launched its decentralised identity platform. The year 2024 brought a renewal of interest in the project, with JASMY leading two major rallies that resulted in a 300% increase during the first half, reaching a market capitalisation of approximately 2,000 million USD in June. This resurgence was driven by renewed interest from Japanese venture capital and the adoption of Jasmy technology by a major Japanese IoT company. The project continued evolving with the launch in January 2026 of JasmyChain, a Layer 2 blockchain based on Arbitrum Orbit that converts JASMY into a gas token with real network utility.

JasmyCoin operates as the native token of a decentralised IoT platform that allows users to maintain control over the data generated by their connected devices. The system utilises the Ethereum blockchain combined with IPFS distributed storage to create an ecosystem where smartphones, wearables, vehicles and sensors can generate data that is stored in an encrypted and decentralised manner. The central component is the Personal Data Locker (PDL), which functions as a personal digital vault where each user stores their data securely, whilst only a verification hash is registered on the Ethereum blockchain to guarantee integrity without exposing the information.

Data monetisation occurs when companies wish to access information that is verified and consented to by users. In these cases, companies pay in JASMY tokens that are distributed directly to the data owner, who maintains complete control over who accesses their information, under what conditions and at what price. The ecosystem incorporates two additional security components: the Smart Guardian (SG), which protects physical IoT devices against unauthorised manipulation, and the Secure Knowledge Communicator (SKC), which manages and tracks all data exchanges within the platform.

JASMY functions as an ERC-20 token on Ethereum with a total supply of 50,000 million units, fulfilling multiple functions within the ecosystem: it serves as a means of payment in the data marketplace, rewards for information providers and gas for transactions on JasmyChain, a Layer 2 solution built on Arbitrum Orbit that seeks to reduce costs and improve the speed of transactions related to IoT data exchange.

Data verified against external sources. Some values may have changed since the last update.