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Jasmy Launches Open-Source Layer-2 Mainnet with JANCTION Partnership: What You Need to Know

Jasmy Launches Open-Source Layer-2 Mainnet with JANCTION Partnership: What You Need to Know

If you're keeping tabs on the crypto world, especially in the realm of blockchain innovations, you've probably caught wind of Jasmy's latest move. Recently, BSCNews dropped a tweet highlighting some exciting developments from Jasmy Global about their Layer-2 plans. Let's dive into what this all means in simple terms—think of it as your quick guide to why this could be a game-changer for data ownership and device monetization.

Jasmy is stepping up its game by launching an open-source Layer-2 mainnet. For those new to the jargon, a Layer-2 (or L2) is basically a secondary blockchain built on top of a main one—like Ethereum—to make things faster, cheaper, and more scalable without clogging up the primary network. Jasmy's version is centered around their proprietary Decentralized Identity (DID) technology called Proof of Device and Linkage (PDL). This tech verifies who owns what—data, devices, and assets—turning everyday gadgets like your PC or GPU into verifiable digital assets that can actually earn you money.

According to Hiroshi Harada, CEO of Jasmy Labs, the goal is to decentralize data and device ownership. Imagine your computer not just sitting idle but contributing to a network and getting rewarded for it. "The foundation is PDL, a DID. Data, devices, and assets of verified individuals. GPU and PC resources are straightforward ways to monetize your assets," Harada explained. This isn't just talk; it's about creating a system where users truly control and profit from their own stuff.

At the heart of this rollout is Jasmy's partnership with JANCTION, which they're calling one of their most crucial ecosystem allies. JANCTION is a Decentralized Physical Infrastructure Network (DePIN) focused on sharing GPU and AI resources. It lets people and businesses pool their computing power for things like AI model training or data processing, all in a decentralized way. No more relying on big, centralized data centers—small and medium enterprises can tap into this shared pool affordably.

Here's how JANCTION fits in: It runs on an EVM-compatible Layer-2 chain (EVM stands for Ethereum Virtual Machine, meaning it's compatible with Ethereum's smart contracts). Participants contribute their devices' power and get rewarded in JANCTION's native token, JCT. Key perks include decentralized GPU sharing, traceable data for transparency, privacy via DID, and an marketplace for AI computing needs. Jasmy's JASMY token acts as the gas for transactions here, so if you're withdrawing resources or deploying apps, you'll need some JASMY.

Speaking of JCT, it's the fuel for JANCTION's ecosystem. With a total supply of 50 billion tokens and about 11.5 billion circulating at launch, it's designed for staking (locking up tokens to support the network), payments for AI tasks, governance votes, and rewards for contributors. Plus, JCT holders get periodic airdrops of JASMY tokens bought from the market, creating a nice incentive loop between the two projects.

But JANCTION isn't stopping at just computing. They've also rolled out JANCTION LINK, a handy browser tool that bundles your social media and web links into one page. It tracks engagement through points based on video views, helping creators gauge interest and streamline their online presence. No apps needed—just integrate your YouTube, X, Instagram, or e-commerce links. Harada sees this as fostering a cycle where one person's creation sparks another's, all tied back to Jasmy's verified data framework.

Looking ahead, Jasmy already has five minimum viable products (MVPs) up and running on this infrastructure, with JANCTION leading the pack. They're eyeing more decentralized apps (Dapps), possibly dipping into DeFi (decentralized finance), stablecoins, and even ETF-linked products. Harada summed it up: "Jasmy aims to be the Bitcoin of its ecosystem. JANCTION aims to be the GPU-backed asset platform."

This announcement has sparked some buzz in the community, with replies on the tweet ranging from supportive cheers to strategic insights. One user noted it as a "major evolution" that could redefine Jasmy's ecosystem, while others are hyped for the mainnet action.

In the ever-evolving crypto landscape, Jasmy's push toward authenticated, revenue-generating devices could bridge the gap between everyday tech and blockchain utility. If you're into meme tokens or broader blockchain tech, keeping an eye on Jasmy and JANCTION might pay off—literally. For more details, check out the full scoop on BSC News, or follow Jasmy Global and JANCTION on X.

Stay tuned for updates, and remember, in crypto, knowledge is your best asset.

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