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Topic: [ANN] Jibrel Network | Traditional financial assets on-chain - page 24. (Read 42777 times)

full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
Jibrel Network Token Pre-sale - Step 3/3

Please note, the minimum value for pre-sale participation is US$ 5,000.

The Munimum Value is pretty hight . Could you please make it lower ?

Hi Ben,

Unfortunately, the pre-sale has high minimums due to the KYC / AML requirements we have to undertake. So we are trying to limit number of applications.
During the main sale, you will get the chance to purchase JNT @ US$ 0.25 - which is not much higher than today (US$ 0.225).

We hope you participate on November 27th!
newbie
Activity: 28
Merit: 0
Jibrel Network Token Pre-sale - Step 3/3

Please note, the minimum value for pre-sale participation is US$ 5,000.

The Munimum Value is pretty hight . Could you please make it lower ?
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
We'll be looking for early jWallet testers soon! Stay posted for updates!
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
I do not see transparency in this project.  We can not observe how much money they have attracted at this point in time.  They hide it, why?

Hi GaPR,

We use dedicated wallet addresses for each contributor for several reasons:

1. Security - no single point of failire

2. Transparency - the funds that get contributed do not move until the JNT is delivered - i.e. every single contributor who sent ETH or BTC to their designated wallet address, still has it there. This allows them to monitor their funds until the JNT is delivered.

3. Seamless top-up / refund - with a separate address for each contributor, adding funds and increasing contribution is automatic. In addition, processing refund is seamless and we have already done that for some contributors.


We're sorry you think the pre-sale transparency is lacking, we hope you'll participate in the main sale on Nov. 27th, where the process will be a direct JNT faucet.
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
Hi.  Can you tell whose address this is [email protected]?  The message from him came to my mail.

Thanks for the interest GaPR!

This is our automated messaging email.

If you have questions or concerns, you can reach us at [email protected]

Thanks again for the interest!
full member
Activity: 208
Merit: 100
Jibrel - Traditional financial assets on-chain
@jibrelnetwork. I want to ask what is your team's forecast for the market until the end of 2017? It has taken a turn from the altcoins peaks of June, transferring that value to the all time high of bitcoin. When would you say or speculate the value to transfer back to altcoins?

I reckon your team also studies the market as a more positive market would be a better time to list Jibrel.

Thanks for reaching out. We suspect we'll see a bit of simmering down in the Altcoin market, as investors flock to BTC ahead of Segwit2x / fork.

But by mid-November, we should see Altcoin activity ramp-up again, especially around Devcon 3. Given that the market is heavily speculation driven, marketing, big news and events go a long way!

member
Activity: 112
Merit: 10
Verify is an Ethereum-powered Reputation protocol
Having visited the site to have a feel about what is going on and participate as well, I noticed that the details required on the site will defeat anonymity that surrounds the blockchain with information such as the following:

Full name, email address, phone number, country of residence, citizenship etc. In as much as I have looked forward to this project, I think information like this will surely discourage investors who prefer to stay anonymous.

We completely understand that this will put off people from participating, but this is necessary for a lawful pre-sale which has certain KYC restrictions. The ICO (Nov 27th) will be less restrictive and we hope you'll participate then!

Could I ask under jurisdiction of which country are you launching your project?

Company is registered in Switzerland
member
Activity: 112
Merit: 10
Verify is an Ethereum-powered Reputation protocol
just visit the website, like the features so far. It will provides currencies, equities, commodities and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain. Hopefully, JNT will get attention more investors as project is promising.

Frankly, this is probably the most under-hyped ICO going on atm. Solid team, solid product -- just check their slack!
hero member
Activity: 868
Merit: 504
just visit the website, like the features so far. It will provides currencies, equities, commodities and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain. Hopefully, JNT will get attention more investors as project is promising.
member
Activity: 359
Merit: 13
coinBusiness / Gapur Ozdoev
I do not see transparency in this project.  We can not observe how much money they have attracted at this point in time.  They hide it, why?
full member
Activity: 162
Merit: 100
What about blog campaign?
member
Activity: 359
Merit: 13
coinBusiness / Gapur Ozdoev
Hi.  Can you tell whose address this is [email protected]?  The message from him came to my mail.
hero member
Activity: 2744
Merit: 588
Having visited the site to have a feel about what is going on and participate as well, I noticed that the details required on the site will defeat anonymity that surrounds the blockchain with information such as the following:

Full name, email address, phone number, country of residence, citizenship etc. In as much as I have looked forward to this project, I think information like this will surely discourage investors who prefer to stay anonymous.

We completely understand that this will put off people from participating, but this is necessary for a lawful pre-sale which has certain KYC restrictions. The ICO (Nov 27th) will be less restrictive and we hope you'll participate then!

I clearly understood the point of pearlmen regarding the side of investors.
But with this approach of jibrel team, means that they want to do their business in legal way in every way possible.
So if the potential investors can see that side, then, their hesitations might replace with trust on this project.
And also, with this lawful pre-sale, translates the fact that your investment is safe and they will not run with your hard-earned money.
full member
Activity: 300
Merit: 100
Having visited the site to have a feel about what is going on and participate as well, I noticed that the details required on the site will defeat anonymity that surrounds the blockchain with information such as the following:

Full name, email address, phone number, country of residence, citizenship etc. In as much as I have looked forward to this project, I think information like this will surely discourage investors who prefer to stay anonymous.

We completely understand that this will put off people from participating, but this is necessary for a lawful pre-sale which has certain KYC restrictions. The ICO (Nov 27th) will be less restrictive and we hope you'll participate then!

Could I ask under jurisdiction of which country are you launching your project?
full member
Activity: 574
Merit: 100
reserving urdu translations
full member
Activity: 216
Merit: 100
The Operating System for DAOs
Is the blog bounty, Facebook bounty and signatures out yet?
member
Activity: 103
Merit: 10
These below are quoted from the WP. My question is, who are the 'Guarantors' within the Jibrel ecosystem? And what incentives an entity to become a 'Guarantor'?

The needs of all stakeholders could be successfully met by
bringing the stability of traditional financial instruments
to the blockchain. This can be accomplished by minting
tethered tokens with one­to­one backing of the underlying
traditional asset they represent. Using such a method,
tethered tokens can be used to denote a currency[5] or
even a commodity[6].

By developing a ‘guarantor’ that houses traditional assets
and issues tokens representing ownership of the
underlying assets, one can enable a wide­range of
currencies, commodities, money market instruments and
other financial tools, to be openly traded on­chain.

3.3 Tethered Tokens
Tethered tokens will be required to create traditional
asset­backed tokens. For every traditional asset held a
tethered token is minted. Upon the underlying asset
being sold, the token is destroyed. .

3.4 Guarantor
In order to ensure tethered tokens hold their respective
value, a guarantor is needed. The guarantor will hold
traditional assets and issue their respective tethered
tokens, as well as redeem and destroy tokens in return
for the release / transfer of ownership of the underlying
traditional asset.

legendary
Activity: 3010
Merit: 1460
@jibrelnetwork. I want to ask what is your team's forecast for the market until the end of 2017? It has taken a turn from the altcoins peaks of June, transferring that value to the all time high of bitcoin. When would you say or speculate the value to transfer back to altcoins?

I reckon your team also studies the market as a more positive market would be a better time to list Jibrel.
hero member
Activity: 728
Merit: 500
Bounty is not large, very so so, but I like your concept, thanks.
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