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.
SummaryShort Brief about Jibrel Network ICO PROJECT with a mark of 9.5, and this conclusion was written on 22 June, 2018.
Take note that the metrics you see right now may change.
ICO PROJECT was in process at 22 June, 2018
Ico Start date was on 27 November, 2017, and the first post on bitcoin forum we see is on 31 July, 2017 with Subject [ANN] Jibrel Network | Traditional financial assets on-chain.
Subject started by jibrelnetwork who now has 165 and the status Full Member on BT website.
Startup END DATE was 1 January, 2018
ICO PROJECT has chosen Ethereum token staging and collected raise $50,000,000.
Company has 6 consultants, some of them:
Don Tapscott ( Strategy Advisor ) who was seen in Startup Sweetbridge (Advisor), Metronome, ICON (Advisor).
Moe Levin as Public Sector Advisor who took part in these projects: Experty (Founder of Blockchain Forum), tZERO, Napoleon X (Advisor), Paytomat (CEO Keynote), Etherparty (Advisor)
Mohammad Al Sehli (MENA Advisor).
|ICO Token Price||0.2500 USD|
|ICO Token Supply||60%|