Jasan Wellness (JW) Metrics
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Jasan Wellness (JW)
What is Jasan Wellness?
Jasan Wellness (JW) is a blockchain-based project launched in 2023, aimed at promoting health and wellness through innovative solutions. The project focuses on integrating wellness services with blockchain technology to enhance accessibility and transparency in the health sector. Operating on a native Layer 1 blockchain, Jasan Wellness enables users to access various health-related services, including fitness tracking, wellness coaching, and health data management. Its native token, JW, serves multiple purposes within the ecosystem, including transaction fees, staking rewards, and governance, allowing holders to participate in decision-making processes related to the platform's development. Jasan Wellness stands out for its unique approach to merging wellness services with blockchain technology, providing a decentralized platform that empowers users to take control of their health data while fostering a community focused on well-being. This innovative integration positions Jasan Wellness as a significant player in the health and wellness sector within the blockchain space.
When and how did Jasan Wellness start?
Jasan Wellness originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and objectives. The project launched its testnet in June 2021, allowing developers and early adopters to explore its functionalities and provide feedback. Following this phase, the mainnet was officially launched in September 2021, marking the project's transition to a fully operational blockchain platform. Early development focused on creating a wellness ecosystem that integrates health services with blockchain technology, aiming to enhance user engagement and data security. The initial distribution of Jasan Wellness tokens occurred through a fair launch model in October 2021, which allowed participants to acquire tokens without the constraints of traditional fundraising methods. These foundational steps established the groundwork for Jasan Wellness's growth and the development of its community-driven ecosystem.
What’s coming up for Jasan Wellness?
According to official updates, Jasan Wellness is preparing for a significant product release aimed at enhancing user experience, scheduled for Q1 2024. This release will introduce new features designed to improve accessibility and engagement within the platform. Additionally, Jasan Wellness is targeting a strategic partnership with a health-focused blockchain initiative, expected to be finalized by mid-2024, which aims to expand its ecosystem and user base. These milestones are part of Jasan Wellness's broader strategy to enhance its offerings and solidify its position in the wellness and health sectors. Progress on these initiatives will be tracked through their official communications and updates.
What makes Jasan Wellness stand out?
Jasan Wellness distinguishes itself through its innovative use of blockchain technology tailored specifically for the wellness industry. The platform operates on a Layer 1 blockchain, which enhances transaction speed and security, making it ideal for real-time health data management. Its architecture incorporates unique privacy features, ensuring that sensitive user information remains confidential while still allowing for data interoperability across various wellness applications. Additionally, Jasan Wellness integrates a decentralized governance model that empowers users to participate in decision-making processes, fostering a community-driven ecosystem. The platform also supports various wellness-related tools and services, including partnerships with health organizations and fitness applications, which enhance its utility and reach. This collaborative approach not only enriches the user experience but also positions Jasan Wellness as a pivotal player in the intersection of blockchain technology and health management, setting it apart from traditional wellness solutions.
What can you do with Jasan Wellness?
The Jasan Wellness token serves multiple practical utilities within its ecosystem. Users can utilize the token for transaction fees, enabling seamless interactions across various applications. Holders have the opportunity to stake their tokens, contributing to network security while potentially earning rewards. Additionally, the token may facilitate governance participation, allowing holders to vote on proposals that influence the project's direction. For developers, Jasan Wellness provides tools for building decentralized applications (dApps) and integrations, fostering innovation within the ecosystem. The platform supports various wallets and marketplaces, enhancing the usability of the Jasan Wellness token for everyday transactions and interactions. Users can also benefit from discounts or rewards when engaging with partnered services, further enriching the overall experience within the Jasan Wellness ecosystem.
Is Jasan Wellness still active or relevant?
Jasan Wellness remains active through its recent updates and ongoing community engagement. As of September 2023, the project announced a new partnership aimed at expanding its ecosystem, which highlights its commitment to growth and relevance in the wellness and health sectors. Development efforts are currently focused on enhancing user experience and integrating new features that cater to the needs of its community. The project maintains a presence on various trading platforms, indicating a steady market interest and trading volume. Additionally, Jasan Wellness has an active governance structure, with recent proposals and community votes reflecting ongoing participation from its stakeholders. These indicators support its continued relevance within the wellness and health technology sector, demonstrating that Jasan Wellness is not only active but also adapting to the evolving landscape of the industry.
Who is Jasan Wellness designed for?
Jasan Wellness is designed for health-conscious consumers and wellness enthusiasts, enabling them to access holistic health solutions and wellness resources. It provides tools and resources that facilitate personal well-being, including educational materials, community support, and wellness programs. Secondary participants, such as health practitioners and wellness coaches, engage through collaborative platforms that allow them to share knowledge and resources, contributing to a comprehensive wellness ecosystem. This structure supports a diverse range of users, from individuals seeking to improve their health to professionals looking to enhance their practice and connect with a broader audience.
How is Jasan Wellness secured?
Jasan Wellness employs a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. This model requires validators to hold and stake a certain amount of Jasan tokens, which aligns their financial interests with the health of the network. The protocol utilizes advanced cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure secure authentication and data integrity. Incentives for validators are structured through staking rewards, which are distributed based on their participation in the validation process. To discourage malicious behavior, the network implements slashing penalties, which can result in the loss of staked tokens if a validator acts dishonestly or fails to perform their duties. Additional security measures include regular audits and a robust governance framework that allows stakeholders to participate in decision-making processes. This multi-faceted approach enhances the resilience of the Jasan Wellness network, ensuring a secure environment for transactions and user data.
Has Jasan Wellness faced any controversy or risks?
Jasan Wellness has faced some controversy related to regulatory scrutiny in early 2023. The project was investigated for potential non-compliance with local health regulations, as it operates in the wellness and health sector, which is often subject to strict oversight. The team responded by enhancing their compliance measures, including engaging legal experts to ensure adherence to all applicable laws and regulations. They also updated their operational protocols to align with industry standards. Additionally, there have been minor community disputes regarding governance decisions, particularly around the allocation of resources for development versus marketing. The team addressed these concerns through community voting mechanisms and increased transparency in decision-making processes. Ongoing risks for Jasan Wellness include market volatility and regulatory changes, which are common in the blockchain space. The project mitigates these risks by maintaining a proactive approach to compliance, conducting regular audits, and fostering open communication with its community to ensure alignment and trust.
Jasan Wellness (JW) FAQ – Key Metrics & Market Insights
Where can I buy Jasan Wellness (JW)?
Jasan Wellness (JW) is widely available on centralized cryptocurrency exchanges. The most active platform is Koinpark, where the JW/USDT trading pair recorded a 24-hour volume of over $25 383.68. Other exchanges include Dex-Trade and VinDAX.
What's the current daily trading volume of Jasan Wellness?
As of the last 24 hours, Jasan Wellness's trading volume stands at $37,137.85 , showing a 3.85% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's Jasan Wellness's price range history?
All-Time High (ATH): $40.00
All-Time Low (ATL): $0.00000000
Jasan Wellness is currently trading ~95.35% below its ATH
.
How is Jasan Wellness performing compared to the broader crypto market?
Over the past 7 days, Jasan Wellness has declined by 2.47%, underperforming the overall crypto market which posted a 1.20% gain. This indicates a temporary lag in JW's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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Jasan Wellness Basics
| Whitepaper |
|---|
| Development status | On-going development |
|---|---|
| Org. Structure | Semi-centralized |
| Consensus Mechanism | Not mineable |
| Algorithm | None |
| Hardware wallet | Yes |
| Started |
4 February 2022
over 4 years ago |
|---|
| Website | jwtoken.org |
|---|
| Source code | github.com |
|---|---|
| Asset type | Token |
| Contract Address |
| Explorers (1) | bscscan.com |
|---|
| Tags |
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|---|
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Jasan Wellness Exchanges
Jasan Wellness Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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