Topic: [ANN] Jibrel Network | Traditional financial assets on-chain - page 22. (Read 42779 times)
November 23, 2017, 01:35:42 PM
Looks like a solid project that deserves more publicity. Good luck guys.
November 23, 2017, 01:35:18 PM
This looks like another interesting tokenziation platform. Looking at the whitepaper, how do we know the "guarantor" actually has the underlying (tethered) asset? Will there be 3rd party audits, like on Ankorus.org's platform (ANK)?
Thanks!
1. Our system doesn't require as much trust / centralization
A tethered token on our network can be redeemed for the underlying value in ETH, BTC or JNT using the Jibrel DAO.
So any tethered token is simple a guarantee to redeem for the underlying assets worth, not the asset itself.
For example: 1 jUSD token can be redeemed for 1 dollar worth of JNT.
2. Audits:
New Alchemy: Security audit of contracts
PwC: Financial audit of accounts
3. The guarantor in this case is the Jibrel DAO. Our job off-chain is to always ensure the Jibrel DAO is solvent (i.e. holds enough assets to meet liabilities (tethered tokens))
Hope that helps!
Thanks. Have you established yet how often PwC will audit the off-chain accounts? Will you do something like Ankorus with a reserve levels dashboard?
Currently, its scheduled for once a year, but might have to increase that to twice a year.
We will release an actual audit report periodically, full annual report and financial statements.
There is no point in reinventing the wheel here. Companies have been releasing transparency, financial, audit reports for decades. We will do the same, based on business best practices and international standards (e.g. IFRS).
November 23, 2017, 01:31:45 PM
How do I participate in the token sale?
You can participate by visiting the dedicated token sale website https://sale.jibrel.network.
And surprise... URL is down
You can participate by visiting the dedicated token sale website https://sale.jibrel.network.
And surprise... URL is down
The Token Sale website goes online tomorrow (when the white list opens).
Sorry for the inconvenience!
November 23, 2017, 11:31:46 AM
How do I participate in the token sale?
You can participate by visiting the dedicated token sale website https://sale.jibrel.network.
And surprise... URL is down
You can participate by visiting the dedicated token sale website https://sale.jibrel.network.
And surprise... URL is down
November 23, 2017, 10:25:59 AM
This looks like another interesting tokenziation platform. Looking at the whitepaper, how do we know the "guarantor" actually has the underlying (tethered) asset? Will there be 3rd party audits, like on Ankorus.org's platform (ANK)?
Thanks!
1. Our system doesn't require as much trust / centralization
A tethered token on our network can be redeemed for the underlying value in ETH, BTC or JNT using the Jibrel DAO.
So any tethered token is simple a guarantee to redeem for the underlying assets worth, not the asset itself.
For example: 1 jUSD token can be redeemed for 1 dollar worth of JNT.
2. Audits:
New Alchemy: Security audit of contracts
PwC: Financial audit of accounts
3. The guarantor in this case is the Jibrel DAO. Our job off-chain is to always ensure the Jibrel DAO is solvent (i.e. holds enough assets to meet liabilities (tethered tokens))
Hope that helps!
Thanks. Have you established yet how often PwC will audit the off-chain accounts? Will you do something like Ankorus with a reserve levels dashboard?
November 23, 2017, 10:11:12 AM
reserve russian or ukrainian translation thank
November 22, 2017, 01:43:37 PM
This looks like another interesting tokenziation platform. Looking at the whitepaper, how do we know the "guarantor" actually has the underlying (tethered) asset? Will there be 3rd party audits, like on Ankorus.org's platform (ANK)?
Thanks!
1. Our system doesn't require as much trust / centralization
A tethered token on our network can be redeemed for the underlying value in ETH, BTC or JNT using the Jibrel DAO.
So any tethered token is simple a guarantee to redeem for the underlying assets worth, not the asset itself.
For example: 1 jUSD token can be redeemed for 1 dollar worth of JNT.
2. Audits:
New Alchemy: Security audit of contracts
PwC: Financial audit of accounts
3. The guarantor in this case is the Jibrel DAO. Our job off-chain is to always ensure the Jibrel DAO is solvent (i.e. holds enough assets to meet liabilities (tethered tokens))
Hope that helps!
November 22, 2017, 04:02:59 AM
This looks like another interesting tokenziation platform. Looking at the whitepaper, how do we know the "guarantor" actually has the underlying (tethered) asset? Will there be 3rd party audits, like on Ankorus.org's platform (ANK)?
November 20, 2017, 09:21:20 PM
November 20, 2017, 08:04:12 AM
New Alchemy Security Audit: Findings
Jibrel Network engaged New Alchemy to conduct a full security audit of Jibrel Smart Contracts —Full results published here
We’re pleased to announce that we have recently completed our Security Audit. The audit was undertaken by the world renowned white hat hacker group, New Alchemy (the team that first identified the DAO Hack exploit).
We are especially pleased to report that no critical or major security flaws were identified, but numerous gas / code optimization areas were found. All security gaps, optimization areas and flaws, highlighted by New Alchemy, have subsequently been addressed by the Jibrel Network team.
https://medium.com/@jibrelnetwork/new-alchemy-security-audit-findings-302357ea49e5
Jibrel Network engaged New Alchemy to conduct a full security audit of Jibrel Smart Contracts —Full results published here
We’re pleased to announce that we have recently completed our Security Audit. The audit was undertaken by the world renowned white hat hacker group, New Alchemy (the team that first identified the DAO Hack exploit).
We are especially pleased to report that no critical or major security flaws were identified, but numerous gas / code optimization areas were found. All security gaps, optimization areas and flaws, highlighted by New Alchemy, have subsequently been addressed by the Jibrel Network team.
https://medium.com/@jibrelnetwork/new-alchemy-security-audit-findings-302357ea49e5
November 18, 2017, 12:15:20 AM
this is my favorite ico website ,i choose project from there ,Jibrel really gain my eye ,i will join.
Thanks!
If you liked that website... you might like this one...
https://jwallet.network
Note. Still in Alpha - use with caution!
November 16, 2017, 08:49:07 AM
this is my favorite ico website ,i choose project from there ,Jibrel really gain my eye ,i will join.
November 16, 2017, 08:43:47 AM
When would bounty campaign likely start? I'm waiting on this as this has so much prospects
November 15, 2017, 12:24:32 PM
ico price is 0.26 usd +
ICO Price will be fixed at US$ 0.25 throughout the sale.
November 13, 2017, 05:19:22 PM
I will follow closely
November 12, 2017, 02:15:40 PM
Waiting for bounty, is it gonna become available soon?
November 12, 2017, 02:07:24 AM
Jibrel Network mentioned they are going to launch their bounty campaign but they didn't mentioned any dates about the bounty and the ICO will start on Nov 27th. We have to wait official announcement from them.
November 11, 2017, 08:52:23 AM
Reserving Vietnamese translation if needed. Thank 
November 10, 2017, 11:07:10 AM
Jibrel Network is selected by ICO Drops! 
See https://icodrops.com/jibrel-network/
See https://icodrops.com/jibrel-network/ November 08, 2017, 10:47:35 AM
ico price is 0.26 usd +
ICO Price will be fixed at US$ 0.25 throughout the sale.
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