We are deeply concerned by Binance’s recent implementation of the “vote delisting” mechanism, particularly the decision to include JasmyCoin (JASMY) in the delisting vote. We believe this decision fails to fully take into account JasmyCoin’s strong market performance and the unwavering support of its dedicated community.
Since listing on Binance, we have successfully launched the Personal Data Locker, enabling users to securely store and manage personal data on the blockchain. Additionally, we introduced Jasmy Secure PC, which enhances security performance while upgrading the Drive Recorder, Ghost Drive, and Remote Handling functions. These innovative products highlight our commitment to protecting user data privacy and security. Furthermore, we have formed strategic partnerships with leading projects such as Chainlink, Sony, Panasonic, ioTex, and others. At the same time, we are actively developing our own Layer 2 ecosystem.
As of March 2025, JasmyCoin’s price has reached its highest point since 2022, hitting $0.052, reflecting a 1000% increase from its lowest point last year. Additionally, JasmyCoin’s trading volume has surged to $300 million in the past month, with total trading volume exceeding $1 billion over the last three months – demonstrating its robust market liquidity.
The number of JasmyCoin holders has also grown substantially, increasing from 76,300 a month ago to nearly 80,000 today. There are now over 90,000 holders on the ETH network and nearly 13,000 on the BNB Chain. These figures clearly illustrate the growing demand and popularity of JasmyCoin in the market.
While we understand Binance’s intention behind introducing the “vote listing” and “vote delisting” mechanisms to encourage greater community participation, we believe these processes should place more emphasis on a project’s actual market performance and the strength of its community support, rather than relying solely on the voting outcome. JasmyCoin’s impressive market achievements and active community engagement have not been adequately reflected in this decision.
The JasmyCoin community is expanding rapidly, with holders surpassing 100,000. Our community members are highly engaged in the development of the project and are confident in its long-term success. In response, we will initiate an on-chain community vote, giving JASMY holders a voice in this process, and we strongly advocate for JasmyCoin to be promptly removed the Monitoring Tag. We also urge Binance to reconsider its assessment of JasmyCoin.
Onchain Voting via: https://snapshot.box/#/s:jasmycommunity.eth/proposal/0xdad649fad04e2c1bd376414840fe936a587d44b64761ae28d9f1685ed3a81f5e
As a leading global cryptocurrency exchange, we believe Binance should listen to and respect the community’s voice, ensuring that decisions align with the best interests of its users.
Sincerely,
The Jasmy Official Team
