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Jibrel Network ICO tokenize traditional real-world assets

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, benefit 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.

Public Blockchain: Jibrel Network will use a public blockchain for the near future (Ethereum) until full cross-chain communication is feasible. Many startups use a public and secure blockchain for early versions.

Cryptocurrency Exchanges: Jibrel Network allows users to exchange cryptocurrencies for fiat currencies or asset-backed funds. Whatever you’re trading, you can easily convert it between crypto and fiat on the Jibrel Network platform.
Tethered Tokens: All asset-backed tokens on the Jibrel Network will be genuinely backed by real assets. For every traditional asset held, a tethered token will be minted. If that asset is sold, the tethered token is destroyed.

Guarantor: Guarantors are needed to ensure tethered tokens retain their value.
Application Layer, Libraries, and Templates: Once a tethered token is established, developers can create applications that leverage those tethered tokens. Applications could include payment processors, wallets, and trading platforms.

Fees and Charges: Here’s what the Jibrel whitepaper has to say about the platform’s fees and charges: “Transferring ownership of both digital and traditional assets have associated fees and charges that will need to be accounted.”

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Jibrel Network ICO tokenize traditional real-world assets


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