Jibrel Nework investment started its initiative back in early Q2 of 2017, it’s one of those rare opportunities out there in blockchain-frenzied ecosystem trying to address major bottlenecks limiting the viability of tokenized assets in the traditional financial world.
From the project’s viewpoint, time delays and fees caused by wiggling between different exchanges and payment processors, opportunities to diversify digital coins into physical and traditional holdings, the exposure to security and fraud risks and the design-use of most digital assets beyond architectural purposes are still some of the outstanding problems causing a huge deterrents to mainstream financial and economic prospect even as against the impressive progresses cryptocurrencies have made so far within their short time of existence.
The proposed solution to the problems envisaged is to leverage existing infrastructures and build a connecting protocol through which the different worlds of investments – the crypto and that of the traditional can seamlessly benefit an encompassing group by exploiting their independent advantages.
The token has a market seat on about 6 exchanges with trading pairs including BTC, ETH, and USDT. Out of the 10 markets where JNT is being traded, USDT has more trading volume on one of the exchanges. Some of the services are becoming prominent in cryptocurrency space and are adopting typical characteristics of the top 10 exchanges by trading volumes.
Therefore, it shouldn’t be so hard for investors or traders to find this coin on their listed exchanges. To buy Jibrel Network’s token, however, you must have exclusively the aforementioned cryptocurrencies, that is, BTC, ETH or USDT. If you’ve been a consistent trader, it shouldn’t be difficult to trade in other assets for any of these three.
JNT is an ERC20 compliant token and therefore can be stored off the exchange using myetherwallet or metamask, more so, they have also released their alpha jwallet, a web wallet which can also be used to store their token.