JASMY token deployers deposited a total of 770 million JASMY into Gate.io, equivalent to approximately US$3.43 million.

Originally, this project was a bit unreasonable. I remember that it was when the concept of industrial metaverse and digital twins were very popular. This project was the settlement token of the IoT device data platform. However, we ask ourselves and answer two questions:

① Question 1: How complete is the data?

Everyone knows about data islands. IoT is a small closed loop in different industries and different scenarios. For example, BMW’s twin factory data cannot be shared with others. Similarly, the data of other projects are also the same. The data itself is an island. This Projects are almost difficult to set up;

② What are the deterministic application scenarios?

If there is data, it must be used somewhere. It can be used to reduce costs and increase efficiency. This is the most basic requirement. However, this project does not have data application scenarios, so we still have to be vigilant.