I don't think cringy FUD pumps the price it just makes people dismiss the token as a meme. Either way the price is being manipulated by bots so whatever people are trying to do here is pointless.
Convince me
its like 4 people from a telegram of thousands doing it.Who are also poor and are scared it moons before they can add more money to it.You realise any 1 person here could start 10 jibrel threads a day and type this crap if they were motivated enough?Do you also believe these 4 idiots will have any effect on a project that will likely tokenize billions, and its marketcap doesnt rely on speculation like every other coin?use your head.
nice just tokenized 4 people
> I see the need in the market for well-audited crypto-fiats (Look at Tether mcap and their auditor gave up on them)
>- The model is such that if this does take off, JNT value is going to skyrocket like no moon mission previously
oh wow it's gonna moon because it's auditited. It tethered to the price of fiat you dumb fuck. Look at the cmc, it's flat to USD while depreciating against btc.
When it hits kucoin literally everyone who bought in at the ICO will dump their bags. Whatles are already dumping.
DO NOT PUT YOUR SAVINGS IN THIS ARAB SHITCOIN
Plently of other pojects do the same thing better (polymath, REX, etc.) Jibrel is vaporware
1) The project will fill two potentially very lucrative gaps in the market. The first is providing a multi-currency Tether alternative backed 1:1 by real currency held by a registered bank in Switzerland and regularly audited by PwC. That is a slam-dunk Tether killer. The second is the ability to tokenize other asset classes.
2) The token economics run on a belt and braces system, whereby the tokenized assets are not only securely held off-chain but are secured on-chain as well. The fact that the DAO (or initially the Jibrel Network acting manually) will have to buy up and hold JNT equal to the value of the off-chain tokenized assets means that the market cap of JNT will be at least equal to the total value of assets tokenized (plus speculative value). If a billion dollars are tokenized to create a billion jUSD, then the market cap of JNT will necessarily rise by a billion dollars. At the moment it would only take the tokenization of 200 million in assets to lift the JNT value by 150%+. In the long term there is the potential for tens or even hundreds of billions of assets to be brought on board. Every single one will be reflected in the market cap of JNT.
3) The team knows what they need to do to make the possibility of tokenization appealing to the institutions who will potentially be involved. By focusing from the start on writing government regulations into smart contract code, they are ensuring that multinational businesses will be able to have confidence in being able to legally tokenize assets of all kind.
4) Great advisers with global reach and, more importantly, an amazing initial partnership with the ruling family of a wealthy small country. The importance of the link-up with the Al-Maktoum family can't be overstated for the early stage promise of this project. The link is sufficiently tight that Jibrel will have an office within the SEED Foundation and it is strongly suggested that a jCash pilot will be rolled out fairly shortly
I'm going to buy 100 JNT just to tokenize my dick into your arse
the telegram idiots for anyone unaware
best looking dudes in crypto. makes roger ver look like a bum
Don't pay attention to those JIBRonies. I think you are a true JNTlemen :)
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