Jibrel Network ICO details
Start Date: 2017-11-27
End date: 2018-1-1
- Category: Banking, Cryptocurrency, Investment
- Token: JNT
- Platform: Ethereum
- Type: ERC20
- Initial price: 0.25 USD
- Bonus: Pre-sale 1 JNT = 0.20 USD
- Accepting: BTC ETH
- Site: Jibrel Network site
- Twitter: https://twitter.com/JibrelNetwork
- Facebook: https://www.facebook.com/jibrelnetwork
- Github: https://github.com/jibrelnetwork/
- Reddit: https://www.reddit.com/r/JibrelNetwork/
- Bitcointalk: https://bitcointalk.org/index.php?topic=2057487.0
- Medium: https://medium.com/@jibrelnetwork
- Telegram: https://t.me/jibrelnetwork
The Jibrel Network aims to allow anyone to tokenize traditional real-world assets.
Investors can tokenize cash and money market instruments and sell them on-chain, benefiting from on-chain / off-chain arbitrage.
Jibrel facilitates institutional grade liquidity to flow into the crypto economy in the form of cash and money market backed tokens, allowing decentralized autonomous organizations and funds to diversify their crypto-holdings into more stable assets.
The Jibrel Network is a Jibrel Foundation initiative.
The Jibrel Foundation is based in Zug, Switzerland.
Why Jibrel Network?
The disconnect between the traditional economy and the cryptoeconomy imposes numerous risks. Liquidity risks arising from the bottlenecks faced by exchanges in converting between digital and traditional assets. Fraud risks arising from a lack of oversight and governance, and systemic risks arising from project funding stored in cryptocurrencies locked in smart contracts. With volatile markets heavily influenced by speculation and consumer behavior, it is imperative that on-chain entities have stable assets to store funds.
By bridging the traditional economy and the emerging cryptoeconomy, Jibrel provides more value and lower risk.
What is the Jibrel Platform?
The Jibrel platform is a on-chain / off-chain platform that allows users to tokenize traditional assets. Investors can use the platform to configure their assets, with regards to AML / KYC and compliance restrictions, and sell them on-chain for a profit.
Decentralized organizations and funds can used asset-backed tokens to hedge into more stable traditional financial instruments.