SALE BEGINS IN
The jibrel network aims to facilitate the digitization , listing and trading of traditional assets such as currencies, bonds and other financial instruments, on the blockchain. The jibrel decentral bank will allow platform users to deposit cash, money market instruments or create their own Crypto Depository Receipts (CryDRs) and benefit from onchain / offchain arbitrage.
Decentralized organizations and funds that are overexposed in digital currencies can hedge their positions and protect their funding with stable assets. Furthermore, jibrel will provide developers with a complete platform to build tools and applications for transacting, investing and hedging, through leveraging traditional asset backed tokens.
In addition, jibrel will enable instant, near zero fee, global payments and remittances in the form of fiat to fiat transactions that can be undertaken through peer to peer, business to business or consumer to merchant channels.
Start: 27th November 2017
End: 26th January 2018
Whitepaper: Read whitepaper
Role of Token: Jibrel Network Token (JNT) is a virtual currency used to purchase / redeem CryDRs. In addition, any value exchange associated with the securitized off-chain assets are transacted using Jibrel Network Token. Finally, CryDR transfers consume small amounts of JNT in the form of jGas.
Product Status: ICO
ICO Category: Finance ICO
Team Leads: Yazan Barghuthi – Project Lead & cofounder, Victor Mezrin – Technical Lead & cofounder, Talal Tabbaa – BizDev Lead & cofounder, Nick Marinin – Developer (UX/UI)
Token Symbol: JNT
Where to Buy token: Jibrel Network Website
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