Topic: [ANN] Jibrel Network | Traditional financial assets on-chain - page 24. (Read 42779 times)

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!

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 ?

We'll be looking for early jWallet testers soon! Stay posted for updates!

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.

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!

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!

Company is registered in Switzerland

Frankly, this is probably the most under-hyped ICO going on atm. Solid team, solid product -- just check their slack!

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.

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?

What about blog campaign?

Hi.  Can you tell whose address this is [email protected]?  The message from him came to my mail.

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.

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

reserving urdu translations

Is the blog bounty, Facebook bounty and signatures out yet?

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.

@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.

Bounty is not large, very so so, but I like your concept, thanks.