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.
Ropsten Alpha: The Jibrel Network Limited Alpha goes live on Ropsten
jWallet Release: The official CryDR wallet is released under an open-source license for community use
Jibrel Network Token (JNT) Pre-sale: Jibrel Network Token offered at a discounted price
jCash Launch / Public Sale: Jibrel Network launches an additional five fiat currencies at the jCash launch
Jibrel Network Token offered publically
CryDR Explorer: A dedicated CryDR block explorer is released to facilitate closer / more detailed tracking of CryDRs on the network
Institutional Grade Banking Platform: An institutional-grade solution for banking and other financial institutions to directly tokenize and transact with their own off-chain assets
Jibrel DAO / Full Decentralization: Jibrel DAO is launched and the network begins full decentralization (Project Pinocchio)