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Author Topic: [ANN] Jibrel Network | Traditional financial assets on-chain [Nov. 27]  (Read 16868 times)
Colorblind
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December 01, 2017, 06:31:51 AM

Have you realized that your logo is the guy on his knees with the willy out?   Grin

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December 01, 2017, 06:45:41 AM

Hello from Egypt,
what is the expected price after the ICO. we need to calculated estimated ROI


Hi -

We build the network, we let you speculate on price.


But on a high-level (this isn't an exact science, run your own numbers to calculate an RoI, this is meant to show how to calculate it):

  • Our first application of jCash is hedging tokens. The current crypto-economy is ~300bn.
  • We can safely assume, that since we're at ATHs regularly, that people are looking to hedge.
  • Assuming 10% are looking to hedge, that is a US$30BN market.
  • The only real provider today is Tether
  • People are unhappy with tether
  • Assuming we capture 20% of hedging market share, we're looking at 6bn dollars
  • Hedging tokens are bought and held (i.e. average lock-up periods are in excess of 1 month)
  • That assumes 500mn locked up at any given point in time
  • ~160mn tokens in circulation at a price of US$ 0.25 per token - JNT can control US$ 40mn
  • JNT would need to appreciate by 12X to meet demand


Hope that helps!


Thank you for the post, which is very useful.

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December 01, 2017, 07:12:14 AM

Hello! I got a question regarding the coin algorithm. Is it going to be PoS? In regards to mining, when will the mining details of this token gets released? I would like to start early since this looks like a very good project.

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December 01, 2017, 07:57:42 AM

Hi guys, I have a little request or a suggestion: Could you make an introductory video about the project that explains it and how it works.
I thing that would make it easier to understand and also tell others about it.
Its much more appealing and comprehensive.

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December 01, 2017, 08:48:03 AM

Have you realized that your logo is the guy on his knees with the willy out?   Grin

https://bitcointalk.org/useravatars/avatar_854798.png

Initially it's like "J" and "i" joined.
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December 01, 2017, 08:55:58 AM

Have you realized that your logo is the guy on his knees with the willy out?   Grin



Initially it's like "J" and "i" joined.

Yeah, I figured but it's still hilarious. Can't unsee it now  Grin
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December 02, 2017, 12:29:18 AM

Have you realized that your logo is the guy on his knees with the willy out?   Grin



Initially it's like "J" and "i" joined.

Yeah, I figured but it's still hilarious. Can't unsee it now  Grin

The old logo  Grin. It was meant to be a node and two peers. We also went through the phase of "can never unsee", hence the change:


 



Smiley
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December 02, 2017, 12:31:22 AM

Hello! I got a question regarding the coin algorithm. Is it going to be PoS? In regards to mining, when will the mining details of this token gets released? I would like to start early since this looks like a very good project.



We're built on ETH. So there is no mining process. The token gets released on December 10th for participants, but freely movable post ICO close (Jan 26th). It will be listed on several major exchanges, and will primarily be used by the Jibrel DAO to balance tethered assets.

Our Roadmap is here
jibrelnetwork
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December 02, 2017, 12:32:24 AM

Hi guys, I have a little request or a suggestion: Could you make an introductory video about the project that explains it and how it works.
I thing that would make it easier to understand and also tell others about it.
Its much more appealing and comprehensive.


We have an outdated explanatory video here. But we'll be releasing a new one soon!
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December 03, 2017, 03:09:06 PM

What happens if we are not able to sell all of the 200 million tokens?  do you plan on distributing them to earlier participants on pro-rata basis or do you intend to burn them?

I am surprised that our ICO is not sold out in days...I think it has to do with i) crowded ICO market place, ii) not having a video or placemat that explains Jibrel in layman terms and iii) hype...there is literally no hype about this project and that is NOT a good thing for ICO...it's not too late...we should at least start talking about Jibrel now so that we can get 100% in ICO...

Having team put out videos explaining how Jibrel is going to revolutionise asset tokenization should be bombarded in all social media platforms!?

Thoughts?

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December 03, 2017, 06:26:19 PM

do you have bounty program?

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December 04, 2017, 04:06:40 AM

What is the address of JNT token? Looks like it doesn't exist, at least etherscan.io cannot find it.
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December 04, 2017, 09:41:33 AM

OK Great,

* what is the exchange the coin will be listed in important to know.
* i can't understand the Jcash what will be used to and whey there are 2 coins cash and jnt
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December 04, 2017, 12:42:49 PM

Learn about CryptoDepository Receipts (CryDRs) - Tethered tokens with smart regulation - ensuring all transfers are always fully KYC / AML compliant. https://twitter.com/JibrelNetwork/status/937625076421349376

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December 04, 2017, 12:56:04 PM

What's ICO schedule?
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December 04, 2017, 01:07:05 PM

Hello, How do I sell my Jibrel Network Token after completing my purchase, can I refund my purchase ? sorry if misunderstanding.

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December 04, 2017, 03:57:58 PM

Hello, How do I sell my Jibrel Network Token after completing my purchase, can I refund my purchase ? sorry if misunderstanding.


Hi Kendari,

You can withdraw JNT towards end of Dec and will be able to sell the tokens once listed (1 Feb).
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December 04, 2017, 04:00:49 PM

OK Great,

* what is the exchange the coin will be listed in important to know.
* i can't understand the Jcash what will be used to and whey there are 2 coins cash and jnt


1. HitBTC, LiveCoin, Coss, Palmex and others have been confirmed, we are working on the major exchanges like Bittrex, Binance, etc.

2. jCash is our crypto-fiat service.

There is a strong need for crypto-fiat. If you want to use smart contracts in fintech solution, you need crypto-fiat since people pay their loans, mortgages, bills etc. in USD, GBP, EUR, KRW, INR, etc. Not in BTC / ETH.

JNT is used as the gold standard to create jCash (i.e. they are pegged to JNT - so a jUSD token is a Dollars worth of JNT, a jEUR token is a Euros worth of JNT, etc.)


Hope that helps!

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December 04, 2017, 04:01:12 PM

What's ICO schedule?


  • Running until Jan 26th
  • Tokens listed Feb 1st at the latest
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December 04, 2017, 06:53:04 PM

Hello, How do I sell my Jibrel Network Token after completing my purchase, can I refund my purchase ? sorry if misunderstanding.


Hi Kendari,

You can withdraw JNT towards end of Dec and will be able to sell the tokens once listed (1 Feb).

Hello,
okay thank before, and Do I need to recomplete an application to increase my purchase? because I am still confused about this...

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BitCloud  BTDX
A new type of decentralized currency
.
........Most  Profitable  Masternode Coin........
▬▬▬    Wallet  Details  Exchanges  Masternode    ▬▬▬
.
.
ANN  Blockexplorer  MN Calculator  ▬▬▬▬▬▬
▬▬▬▬▬▬▬▬▬▬▬▬    Twitter  Github  Slack
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