JOYS and JOY Tokens: Deconstructing Multiple Identities
In the world of cryptocurrencies, similarities in token names or codes often lead to confusion. Digital assets identified as "JOYS" or "JOY" are a prime example, corresponding to several different blockchain projects. This article aims to clarify these major projects, provide their core information, and highlight associated risks.
1. Joys Digital (JOYS)
Joys Digital is a project launched in 2017, with the vision of building an open global blockchain platform as a legitimate channel for cryptocurrency goods and services payments, aiming to support almost all cryptocurrencies and tokens as means of payment.
- Official Website: joys.digital
- Whitepaper: Public information mentions the existence of a Joys whitepaper, usually found on its official website.
- Team: Specific team member information is not detailed in public records.
- Market Status: As of August 28, 2026, Joys Digital (JOYS) has a 24-hour trading volume of approximately $4.53, indicating that its trading market is almost depleted and lacks effective transactions. Its maximum supply is 10 billion JOYS, with conflicting circulating supply figures across different data sources (Coinbase shows 0, CoinCarp shows 10 billion). The Fully Diluted Valuation (FDV) is approximately $1.2 million. Given its extremely low trading activity, the token no longer has an active trading market.
2. Joystream (JOY)
Joystream is a decentralized video platform and blockchain network dedicated to supporting a decentralized video application ecosystem. It allows multiple applications to run on a shared content layer and is powered by its native JOY token for governance and incentives. Users can upload videos, set up subscriptions, sell videos as NFTs, and even create tokens for their channels through its application, Atlas.
- Official Website: joystream.org
- Whitepaper: As a blockchain project, Joystream typically publishes a whitepaper. Specific links can be found on its official website or in relevant developer documentation.
- Team: Joystream is an open-source blockchain network, with its development driven by the community and contributors.
- Technical Information: The project's token operates on the Base blockchain, with the smart contract address
0x8761155c814c807cd3ccd15b256d69d3c10f198c. - Historical Price: As of March 31, 2026, its price was approximately $0.0000063. Please note that this is historical data, and the latest situation may have changed.
3. JoySwap (JOYS)
JoySwap is a token project deployed on the Ethereum blockchain.
- Official Website: No independent official website is explicitly mentioned in public records.
- Whitepaper: No public whitepaper information was retrieved.
- Team: No team-related information was retrieved.
- Market Data: As of the time of writing, JoySwap (JOYS) has a real-time price of approximately $0.009106, a market capitalization of $2.54 million, and a total and circulating supply of 279.21 million JOYS. The token has 333 holders.
4. Drawshop Kingdom Reverse (JOY)
The JOY token plays a core role in the game Drawshop Kingdom Reverse, primarily used for governance. Players can obtain voting rights (Staked JOY, or sJOY) by staking JOY in the governance pool, participate in voting on game proposals, and share the revenue generated by the protocol.
- Official Website/Whitepaper: Its whitepaper can be found at
drawshop.world, detailing the game's world view and token mechanics. - Team: Specific team members are not mentioned in public records.
- Mechanism: Staking JOY yields sJOY, with the amount of sJOY related to the staking duration. Protocol revenue is used to repurchase JOY and distribute it to stakers.
5. Other Similarly Named or Similar Projects
Additionally, there are other projects with similar names, but with less information or questionable nature:
- JOY COIN: As of August 28, 2026, its market capitalization is approximately $5.4K, with a total supply of 999.94 million. There are reports that JD.com once registered "JCOIN" and "JOYCOIN" as stablecoin names, but this is not the same entity as the cryptocurrency project JOY COIN.
- The Joy (Joycoin): An Ethereum-based utility token designed for a beauty and health market platform. Its ICO launched on January 20, 2019, with a token price of $0.015.
- Mojoy/Joy Coin (myjoy.market): This platform claims to offer "free $50" and high monthly income, showing its JOY Coin price as high as $103.986 (as of May 26, 2026). Such projects are usually accompanied by high risks, exhibiting typical characteristics of a Ponzi scheme/pyramid scheme. Investors should remain highly vigilant and avoid participation.
Given the existence of multiple identically or similarly named projects in the market, investors must carefully verify project names, token codes, smart contract addresses, official websites, and other information before undertaking any operations to ensure correct identification and a full understanding of the project's fundamentals and potential risks.
