AMA Recap: CRYPTO MINERS X JASMY

CRYPTO MINERS
13 min readOct 28, 2021

Jasmy is an IoT platform company on a mission to provide the infrastructure
which allows anybody to use data safely and securely. In order to achieve
this, we are currently developing and providing the “Jasmy Platform”.

We hosted an AMA session with Jasmy on 25th October at 12:00 PM UTC.

Mr. Ramsy was the host from Crypto Miners and Miss Giselle was our guest, Moderator at Jasmy. She shared delightful knowledge and unique features of Jasmy.

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Segment 1️⃣: Introduction

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Ramsy:
Hello everyone 👋 and welcome to the Crypto Miners AMA session with Jasmy

Thank you all for joining us today!❣

To help us learn more about the featured project of this AMA session, we are lucky to be joined by Miss Giselle, Welcome to our community 🤝

Giselle:
Hello everyone! Thank you for having me

Ramsy:
Hello There , Gald to see you here
Thanks for bringing Us Jasmy ❤️

Giselle:
My pleasure. Oh and I'm Giselle, Jasmy Moderator. I will be the main speaker.☺️

Ramsy:
I'm pretty sure that our AMA participants are very much excited to learn more about Jasmy, so let's get started our introduction questions if you're ready

Giselle:
Yes ofcourse.

Ramsy:
Alright, here’s the first question

Q1) Can you give a brief explanation about 'Jasmy' .What popped up in your mind to create such a platform in this space?

Giselle:
Okay so,

Jasmy is an IoT platform company on a mission to provide the infrastructure which allows anybody to use data safely and securely. We are currently developing and providing the “Jasmy Platform” to achieve this.

The Jasmy Platform aims to regain data sovereignty for each individual so that everyone can use his or her data safely and securely.

To achieve this, we have combined Blockchain and IoT technology to provide the optimal platform solution for customers around the world, and across industries.

In other words, Jasmy aim to return the data to the individual owner. And the owner can control whether to disclose to other third party and gain profit for it.

We were founded with the theme of Data Democracy.

In the fourth industrial revolution, the number of IoT devices is expected to increase dramatically, but behind the convenience of life, there is always the worry of security. Security threats such as identity theft and hacking are global issues.

In addition, there are more and more times when we feel that our purchase information, location information, website and video browsing history are being used unfairly by platform companies.

Our idea of data democracy has three steps:

1) Store and control your own data in a safe and secure manner
2) Safely and securely manage and control your own devices.
3) Provide safe and secure use of one's own data under clear rules.

In order to build a "new information age based on consumers" in the 4th industrial revolution, we aim to realize the " Data democracy " where personal information can be managed at the user's will using our original ideas, IoT and blockchain technology.

Ramsy:
Thank you for sharing this valuable information About Jasmy,
Now let's move to our next question

Q2) So what are your main features that discern you from other projects and what key advantages do you have?

Giselle:
Thanks host, Good question.

Jasmy can not only help to securely lock personal data in data cabinets and share calls through artificial intelligence technology, also improve the quality of life of the entire society through effective use of individualized information and data, and promote the prosperity and development of society and economy, then make contribution.

Compared to big data, it is based on the concept of effectively utilizing individual information data, which is also called the "small data".

Jasmy thinks that it is not only necessary to explore the development of the "small data" model, but also to use this model to assist users in making better decisions when encountering difficulties in various daily life scenarios and Sexual solutions.

This data has extremely high social value, therefore, Jasmy also named this concept "Platinum Data".

Against the background of many industry leaders constantly exploring how to protect and share personal data.

We hope that we can share users personal data correctly and appropriately, and play a positive role in the development of new business, cross-industry cooperation, and the digital transformation of the industry.

Ramsy:
Impressive 👌👌

Q3) How has the experience and background of your team been effective in the success of your project so far?

Giselle:
Jasmy is mainly created by the members from ex-Sony 🙌🏼

☝️Representative director Kunitake Ando was the 7th president of Sony Corporation. He has launched VAIO, Xperia (smart phone), created Sony Life Insurance and laid the foundation for the expansion to the current scale.

Besides the activities to create eco-system for innovation for Japanese companies, he is also the Chairman of the University.

☝️Similarly, President & COO Kazumasa Sato has built a career centered on marketing at Sony.

After being deeply involved in the IT network business as a representative director of Sony Style, and has also been involved in the branding of the entire Sony Group.

☝️Executive Vice President CTO Masanobu Yoshida. He started his career at Sony as a developer and video camera engineer.

Later on, he was responsible for cell phone development and the PDA business, which was the predecessor of today’s smartphones.

PDA was loved by customers worldwide with the CLIE brand.

☝️This is CFO Hiroshi Harada.
He has built an 11-year career at KPMG as a CPA. In addition to accounting, finance, and tax, He is also versed of IPO and IR.

He is responsible for building the token ecosystem, marketing, and listings.

Ramsy:
Moving to our next one...

4).Whats the total supply of the Jasmy token ? Could you share a detailed tokenomics of mainnet token's supply distribution

Giselle:
For sure! Here is our token economy model that combines business models.

The features of JasmyCoin are:
1) Investors purchasing for capital gains in the market, and
2) Companies using for business demand.

The main use of JasmyCoin is that company can pay individuals JasmyCoin as reward for acquiring personal data, especially the personal data generated from IoT devices.

With the increasement of partner companies as well as the users of their services, the scale of our platform will continue to expand, hence, the volume and the value of personal data owned by each individual will continue to expand as well.

For the companies who are using Jasmy’s services, this token ecosystem will not affect their finance reports.

Jasmy generates revenue from providing its platform as a service to companies. Companies have the advantage of being able to develop their businesses regardless of token price movements.

On the other hand, JasmyCoin makes the accumulated personal data available in case they want to use the data stored in personal data locker generated from their services. JasmyCoin is the only valid currency for the value of personal data on our platform. As for our Total supply in short is : 50 Billion Jasmy

Ramsy:
Here’s our last question

Q5) So how long did it take to develop this project? What plans do you have for the future? And what can we expect from Jasmy ? If possible could you please share road map with us.

Giselle:
Oh Yes sure!

Our project is currently in the platform penetration period. We are in close collaboration with Japan’s biggest customer service call centers, well-known consumer electronics brands and local governments.

Our current service plan is to serve 50 corporate customers over the next two years, with 1.5 million individual users joining the Jasmy platform and 1,000 participating companies in five years. It has reached and is expected to have more than 100 million individual users.

As for major milestones for Jasmy this year:

The first is the commercialization of our platform services. At present, most of the demonstration tests have been completed by the companies that will use our platform, and we would like to obtain as many orders as possible. We are also preparing for a global strategy, not only in Japan.

The second is to increase the volume of tokens in circulation. We would like to expand our community worldwide, and develop media and marketing strategies to increase our fan base.

Ramsy:
Wow, Huge things are coming 👏

Giselle:
Hahah yes!

Also, As announced in this month, we also have successfully installed Jasmy Personal Data Locker in TISI WIT of Witz & Co. and have partnered with several others:

Here some of the info below:

Ramsy:
Thanks for that well detailed introduction about Jasmy🤝
And That's wraps up the first part of our AMA session✅

Let’s now proceed to the Twitter Questions section,

I hope you’re ready for that! Giselle

Giselle:
😁💪🏼 Bring it on hahah

Ramsy:
Dropping our first Twitter question...

Q1) In terms of Security, What work has been or planned from the following?
1- Have You gone to through any Audits yet?
2- Have You Partnered with 3rd party Security Companies?
3- Do You plan to bring big Bounty Program for the community?

Giselle:

1. Yes , Recently, JASMY Coin has undergone a security audit by SlowMist Technology (hereinafter referred to as SlowMist) and passed the vulnerability and security assessment of all evaluation programs.

You can read more on https://jasmy-global.medium.com/jasmy-and-slowmist-technology-enter-into-a-strategic-security-partnership-2bdc93a22284

2. Refer to answers above.

3. We do have an upcoming campaign for which we will update once confirmed. Keep updated by joining our telegram

Ramsy:
Q2) What does the Jasmy-MGT name stand for? There are interesting stories behind every successful project, and of course you have to work hard ever day. Can you share one of these interesting stories with us?

Giselle:
Oh It’s actually It’s Just JASMY.

J=JAPAN
A=ANDO
S=SATO
MY=MASANOBU YOSHIDA

It is a simple one that combines Japan and the names of the three founders. The MGT is stands for management.

JASMY’s startup team comes from Sony, so the team itself is en embodiment of the Sony culture, based on which JASMY is able to make breakthroughs and innovations.

President Sato believes that diversity is the key to innovation and breakthroughs.

Although most of today’s experts believe that connecting IoT and blockchain is a huge risk, JASMY goes the opposite way and accomplishes innovation and breakthroughs through this creative viewpoint that differs from the mainstream view.

You can read more on our recent interview: https://jasmy-global.medium.com/promoting-social-change-with-the-song-spirit-and-iot-technology-ep-1-ab5b7585765a

Ramsy:
Q3)I am very interested in the name of your project so I want to invest but currently your project has no information about the token that makes me wonder. Would you give me an overview of the current total supply and where can we buy your tokens?

Giselle:
Thanks Host😊.

Okay, As for the circulation supply on Coinmarketcap, we will be re-applying for once we have confirmed the calculations and checked the system. We will process this as soon as possible to ensure that the information is accurate.

⚠️ JASMY Tokens are listed on Coinbase | Coinbase Pro | ZB | Gate .io | Bittrex | CEX .io | MXC | Hoo | JUBI | CoinEx
Trading Pair: JASMY/USD, JASMY/USDT, JASMY/ETH

EtherScan: https://etherscan.io/token/0x7420B4b9a0110cdC71fB720908340C03F9Bc03EC#balances

Ramsy:
Q4) Does Jasmy have any Github page or any sharing place so that people can look up your code?

Giselle:
Thanks for the question.

You can take a look at https://github.com/JasmyCoin/JasmyCoin

Ramsy:
Q5) “STAKING” is one of the STRATEGIES to ATTRACT USERS and ACHIEVE MASS ADOPTION Does your GREAT PROJECT have plan about Staking?

Giselle:
We are pleased to announce that we are developing a staking service for JasmyCoin as the first step of our business service.

We are preparing to implement a mechanism that will allow JasmyCoin to increase in value as it accumulates data within the Jasmy IoT Platform, but we believe that there must be a sufficient number of holders and sufficient circulation to make it viable for business purposes.

You can read more on: https://jasmy.io/eng/news/2021/10/20211001.html

Ramsy:
Thanks Your Valuable Answers,❣
And that's enough for our twitter question segment:)

Giselle:
Thank you!☺️

Ramsy:
Now Moving on to our last segment - Live Q&A,

Giselle shall we go?

Giselle:
Hahaha can we breath first? 😂. Yes yes let's go!

Ramsy:
Let's go 🏍💨

Live QnA:

(In this segment group was opened for 60 seconds and miners sent hundreds of questions. Miss Giselle choose some best to answer)

1) What plans do you have for new user and non crypto investor to attract towards your platform? what challenges do you see?

Giselle:

Hello! Thank you for asking.

This is rather our specialty. We have already signed a number of collaboration agreements with listed companies in the non-cryptocurrency market in Japan, and we plan to expand our business through capital and business alliances with many more companies.

Also, since we have been developing without any equity from institutional investors, we would like to expand our data services around the world with the help of leading global funds.

2)The SKC or "Secure Knowledge Communicator" and the SG or "Smart Guardian" are the two core services of Jasmy IoT platform. Can you differentiate the two elements? How do each of them works and process within Jasmy and how can users partake on these?

Giselle:

Thanks for the question.

To enable the personal data lockers that Jasmy platform users have, we have two Core technologies that we call SKC (Secure Knowledge Communicator) and SG (Smart Guardian).

With these technologies, users can manage their data while keeping their data safe and secure. Both of these patents have been submitted.

Get more information about SKC and SG in our English home page:
https://jasmy.co.jp/en.html

3) Many people want to learn about your project but they have problem with English, so do you plan to spread awareness about your project in different countries where English is not good? Do you have a Marketing strategy aimed at developing many different communities such as Vietnam, Indonesia, Korea, Iran, ... about your project so that they can easily communicate and understand Project.

Giselle:

Thank you for asking.

We totally understand this. And the answer is Yes we do. In short please , reach to our telegram group for more update.

Also, I would like to add.

Jasmy Corporation is pleased to announce the launch of the JASMY Grant Program,
a reward program for corporate and individual contributors to the expansion of the JasmyCoin (JASMY) ecosystem.
The expansion of the JASMY ecosystem is an integral part of building the Jasmy IoT platform.
The program is open to anyone who is interested in supporting the JASMY vision.

Examples of activities to be covered

①Contributing to the creation and expansion of ecosystems on public chains
(development of smart contracts, measures to increase liquidity, creation of new use cases, etc.)

②Creation and dissemination of articles introducing or explaining products developed by Jasmy and the JASMY crypto-assets.

③Creation and management of communities related to JASMY. etc.

4) Have you being audited? Have not heard you talk about that security of funds is what every investor craves for and plans to escape incase of insecurity if funds ,scams and rug pulls ?

Giselle:

Hello, yes we do.

JasmyCoin has been audited by SlowMist Technology* (SlowMist) and has passed all vulnerability assessments. We will use the audit report to collaborate with SlowMist and continue to pursue business with major overseas exchanges.

They were founded in 2018 and provides comprehensive security solutions with a focus on auditing crypto asset exchanges and smart contracts. The company has been active in a wide range of areas, such as quickly tracking down the culprit in the Poly Network theft.

5) •Where can I buy your tokens ?

•Also all the links to all your social media platforms if possible?

•Is it available on any exchange?

🕹A-Increasing Token price
🕹B- make Token Valuable
🕹C-Building Community Trust

From 3 aspects above,. I want to ask,. Which one the most important for you??
If all above are important for you,. Which one that Will you do first??

Giselle:

1 & 2 are answered above.

3. Tricky question but well my personal answer is B, C and A😂

*This segment ends here*

Ramsy:
Thankyou so much For your valuable answers and information about Jasmy,
It Was a Fantastic Ama With You❤️

Giselle:
Thank you guys!

Ramsy:
Is there anything else you would like to share or you want us to know?

Giselle:
Yes, dont forget to reach us in our Telegram group for more info.

Take care guys!🔥

Ramsy:
Once Again Thank you so much for spending time with our community & wish all the very best for "Jasmy"

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CRYPTO MINERS
CRYPTO MINERS

Written by CRYPTO MINERS

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