Jibrel Network Rank 434
$0.019172
Jibrel Network Rank 434
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170,126,886 JNT

Jibrel Network
Jibrel Network
JNT

Jibrel Network Price
$0.02

Jibrel Network 24h Vol
$46,572

Jibrel Network Market Cap
$3,261,609

24h Vol
10 BTC
1 H
-16.96 %
24 H
-45.09 %
7 d
-47.41 %
Today Jibrel Network price in US dollars is currently 0.0192 USD, and if converted to Bitcoin is 0.00000430 BTC. A total of 732 coin's are currently circulating in the Market. Jibrel Network prices are currently experiencing a change of -45.09 %, check all cryptocurrency. Over the past 24 hours 0.000 M US dollars Jibrel Network has been traded on Crypto Exchanges. Get Jibrel Network's progress by adding it to your favourites and creating a free portfolio if you wish.
Full Name
Jibrel Network
Symbol
JNT
Algorithm
ETH Token
BTC Price
0.00000430 BTC
BTC Market
732 BTC
BTC 24h Vol
10 BTC
Total Coins Mined
170,126,886 JNT
1h
-16.96 %
24h
-45.09 %
7d
-47.41 %
Share Jibrel Network Price



Description

Description


Jibrel Network provides currencies, equities, commodities, and other financial assets and money instruments as standard ERC-20 tokens on the Ethereum blockchain.  In the medium to long-term, Jibrel will focus on tokenizing debt instruments and their derivatives- thereby streamlining large portions of retail investment and investment banking operations.

Jibrel is the first protocol to allow anyone to put traditional assets such as currencies, bonds, and other financial instruments on the blockchain in a form of Crypto Depository Receipts (CryDRs). Our CryDRs have smart regulation built in; real-world rules and regulations are translated into solidity code to ensure that while decentralized, tokenized financial assets always follow real-world rules and regulations.

ICO Details

ICO Details


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The Jibrel Network provides currencies, equities, commodities and other financial assets and instruments as standard ERC-20 tokens on the Ethereum blockchain. The Jibrel Network Token (JNT) is a virtual currency used to purchase / redeem CryDRs. CryptoDepository Receipts or CryDRs are tokens representing a traditional financial asset’s value, denominated in Jibrel Network Token - JNT (e.g. a USD CryDR holds 1 dollar worth of JNT). In addition, any value exchange associated with the securitized off-chain assets are transacted using Jibrel Network Token. CryDR transfers consume small amounts of JNT in the form of jGas. Given the extreme volatility of ETH and BTC, it would be difficult to hold liabilities in fiat currency (CryDRs) while holding volatile and uncorrelated crypto-assets. Using JNT, a closed system is established allowing for the system to self-balance. 

Jibrel Network Token (JNT) will be publicly traded on at least five exchanges as soon as February 1st, 2018. The minimum accepted investment is US$ 100 and the maximum investment limit is US$ 850,000. $3.2 Million has been raised in the Pre-sale.

Team:

  • Yazan Barghuthi: Co-Founder. 
  • Victor Mezrin: Technical Lead & Co-Founder. 
  • Talal Tabbaa: Business Development Lead & Co-Founder. 
  • Hamzeh Kolaghassi: Operations. 
  • Anna Bordunova: PR. 
  • Nick Marinin: Developer. 
  • Ivan Violentov: Developer. 
  • Rust Khusyainov: Illustrator.
  • Evgeny Erohin: Developer
  • Yuriy Homyakov: Developer 
  • Aleksey Selikhov: Developer 

Advisors:

  • Don Tapscott: Strategic Advisor - CEO of Tapscott Group
  • Ruslan Gavrilyuk: Crypto Finance Advisor - CEO and Founder of Taas Fund
  • Stephen Murphy: Fintech Advisor - CEO of Genesis Global Tech
  • Saul Hudson: Communications Advisor - GM at Thompson Reutors
  • Dr. Moe Levin: Public Sector Advisor - CEO of Keynote
  • Mohammad Al Sehli: MENA advisor - CEO and Founder of Arabian Chain
  • Eddy Zuaiter: Capital Markets Advisor -  Former COO of Soros Fund

Jibrel will be holding its ICO on the 27th of November, 2017. The ICO token supply represents 60% of the total token supply. The ICO funding cap is 30,000,000 USD and is expected to end on the 26th of January, 2018 or when the funding cap is reached.

Token Reserve Split (40%):

  • 15% Team;
  • 10% Advisors;
  • 10% Presale;
  • 5% Bounties
ICO Status Finished
Token Supply 200000000
Start Date 2017-11-27
End Date 2017-12-27
Fund Raised (BTC) 181,198,673 JNT sold.
Fund Raised (USD) N/A
Start Price (USD) 0.25
Security Audit Company New Alchemy
ICO Legal Form N/A
ICO Jurisdiction Switzerland
Legal Advisers N/A
Blog https://medium.com/@jibrelnetwork
White Paper https://jibrel.network/assets/white_paper/Jibrel%20Network%20-%20White%20Paper%20(2nd%20Draft).pdf

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