The crypto world is buzzing with the latest from Jasmy, as highlighted in a recent tweet from BSCNews. The post announces key developments around Jasmy's own Layer-2 (L2) network, signaling a big step forward in decentralizing data and device ownership. If you're into blockchain tech or meme tokens with real utility, this is worth paying attention to—let's break it down.
What Jasmy Announced
Jasmy Global has officially confirmed the launch of its L2 mainnet, which will be deployed as open-source infrastructure. This means anyone can access and build on it, promoting a more decentralized ecosystem. At the heart of this network is Jasmy's proprietary decentralized identity (DID) technology called Proof of Device and Linkage (PDL). Think of DID as a secure way to verify who owns what—whether it's data, devices like GPUs or PCs, or other assets. This verification turns everyday hardware into revenue-generating digital assets.
According to Hiroshi Harada, CEO of Jasmy Labs, the goal is to empower users by monetizing their verified devices. For example, your GPU could contribute to distributed computing tasks and earn you rewards. The network runs on Ethereum as a Layer-2 solution, using JASMY as the gas token for transactions. This setup ensures compliance and transparency, making it appealing for developers to create decentralized applications (Dapps).
The Janction Partnership: A Game-Changer
One of the standout elements in the announcement is Jasmy's partnership with Janction, positioned as a core ecosystem collaborator. Janction is a Decentralized Physical Infrastructure Network (DePIN) that focuses on sharing GPU and AI resources. It allows individuals and businesses to pool their computing power for AI tasks, like model training, without relying on big centralized data centers.
This collaboration brings Jasmy's DID tech into real-world use. Devices verified through PDL can securely contribute to Janction's network, ensuring everything is traceable and private. Small and medium enterprises (SMEs) benefit by accessing affordable GPU power, while contributors earn rewards in Janction's native token, JCT.
Inside Janction's Features
- Decentralized GPU Sharing: Users lend their GPUs or CPUs to the network for AI workloads.
- Traceable Data: Every input is verifiable, adding a layer of trust to AI operations.
- Privacy via DID: Protects user and device info, aligning with Jasmy's focus on data sovereignty.
- Marketplace for Compute: An open platform where supply meets demand for processing power.
Janction's EVM-compatible L2 chain integrates seamlessly with Jasmy, using JASMY for fees in certain interactions.
The JCT Token Explained
Janction's JCT token is central to this ecosystem, with a total supply of 50 billion and an initial circulation of about 11.5 billion. It's used for:
- Staking: To provide or access resources.
- Payments: For AI services and tasks.
- Governance: Voting on network decisions.
- Rewards: Earned by contributors.
Plus, JCT holders get periodic airdrops of JASMY tokens bought from the market, creating a symbiotic relationship between the two projects.
Janction Link: Beyond Computing
Janction isn't stopping at hardware— they've launched Janction Link, a browser tool that aggregates social media and web links into one page. It tracks engagement through points based on video views, helping creators analyze audience interaction. This ties back to Jasmy's vision by enabling verified content and data flows within the DID framework.
Looking Forward
Jasmy already has five MVPs running on its infrastructure, with Janction leading the pack. Future plans include DeFi tools, stablecoin integrations, and even ETF-linked products, all built on authenticated devices. As Harada puts it, Jasmy aims to be the "Bitcoin of its ecosystem," while Janction handles GPU-backed assets.
This development could spark interest in tokens like JASMY, especially if you're tracking meme-inspired or utility-driven cryptos. For more details, check out the full story on BSC News, Jasmy's X profile, or Janction's tokenomics post.
Stay tuned to Meme Insider for more updates on emerging blockchain tech and how it intersects with the meme token space. What do you think—will this boost JASMY's adoption?