Jibrel Network Telegram History

Howard22:11:03 - 07 Dec 2018 [UTC]

Delivering this level of scalability (+US$ 100 MN in value)

Howard22:11:09 - 07 Dec 2018 [UTC]

is this for real???

Youenn22:12:02 - 07 Dec 2018 [UTC]

https://medium.com/@jibrelnetwork/jibrel-november-update-617ec7b174d3

Youenn22:12:05 - 07 Dec 2018 [UTC]

It's happening

Youenn22:12:17 - 07 Dec 2018 [UTC]

ok, it was already posted, my bad

Howard22:14:15 - 07 Dec 2018 [UTC]

does phase 2 of the Smart Sukuk involve the rest of the $499 million from Al Hilal?

Madoff wasn't on the blockchain22:15:03 - 07 Dec 2018 [UTC]

Howard

is this for real???

seems so. but do not forget the 250M, we still haven’t seen anything of it

Madoff wasn't on the blockchain22:17:24 - 07 Dec 2018 [UTC]

you better list on large exchanges by end of the year or I want money back

Howard22:26:27 - 07 Dec 2018 [UTC]

@arhadd

Howard22:28:34 - 07 Dec 2018 [UTC]

@arhadd 1. Delivering this level of scalability (+US$ 100 MN in value) - Is this in theory or can we really expect this much on chain Jcash? 2. does phase 2 of the Smart Sukuk involve the rest of the $499 million from Al Hilal? 3. Talal mentioned smart contract address relating to the smart sukuk. Also how Jibrel provide solvency for the 1 million smart sukuk?

Madoff wasn't on the blockchain22:28:44 - 07 Dec 2018 [UTC]

According to the Q2 update the Jcash Alpha should have been released long ago. Why is it now Q1 19? You said the Jcash Alpha bottlenecks are complyance and user onboarding. What have they done so far to get this under control and why is it taking so long?

Ala Haddad22:31:18 - 07 Dec 2018 [UTC]

Welcome to the Jibrel community! Jibrel provides currencies, equities, commodities and other financial assets as standard ERC-20 tokens on the Ethereum blockchain. —————————— NOITCE BOARD: Jibrel Monthly Update, November 2018: https://medium.com/jibrel-network/jibrel-november-update-617ec7b174d3 Reddit link for monthly update follow-up: https://www.reddit.com/r/JibrelNetwork/comments/a44shw/november_update/ —————————— COMMUNITY RULES: ✔️ Please write in English only. Alternative groups are available for Chinese and Korean discussion. ✔️Keep discussion related to Jibrel and its business activities. ✔️Excessive use of gifs and stickers will result in users being put on to read-only mode. ✔️ Deliver value to the discussion. Share any relevant news and articles Official team members are: @ttabbaa @Yazan15 @annabordunova and @arhadd, —————————— LINKS: Website: https://jibrel.network Medium: https://medium.com/@jibrelnetwork Twitter: https://twitter.com/JibrelNetwork Facebook: https://www.facebook.com/jibrelnetwork/ Reddit: https://www.reddit.com/r/JibrelNetwork/ LinkedIn: https://www.linkedin.com/company/jibrel-network/ —————————— COMMUNITY CHANNELS: Chinese Telegram: https://t.me/jibrelchina KakaoTalk Channel: https://open.kakao.com/o/gJDnwxB WeChat: contact @yongruideng

Ala Haddad22:34:41 - 07 Dec 2018 [UTC]

Howard

@arhadd 1. Delivering this level of scalability (+US$ 100 MN in value) - Is this in theory or can we really expect this much on chain Jcash? 2. does phase 2 of the Smart Sukuk involve the rest of the $499 million from Al Hilal? 3. Talal mentioned smart contract address relating to the smart sukuk. Also how will Jibrel provide solvency for the 1 million smart sukuk?

Hey Howard, thank you for your questions. I'll coordinate with the team to get those questions answers, meanwhile, if you can post them on Reddit it would be great, allowing other members to upvote it and see it for future reference, something that will help the community become more aware and updated! How does this sound?

Howard22:35:22 - 07 Dec 2018 [UTC]

arhadd

Hey Howard, thank you for your questions. I'll coordinate with the team to get those questions answered, meanwhile, if you can post them on Reddit it would be great, allowing other members to upvote it and see it for future reference, something that will help the community become more aware and updated! How does this sound?

of course. should i make a seperate post or comment on the nov update post?

MB22:35:52 - 07 Dec 2018 [UTC]

Nice update, good to see jibrel doing wotk on par with big entities like IBM. Also, setting a target for $100 mil is great news considering we are at a 9 mil market cap. Good job everyone and good luck with the Android launch!

Ala Haddad22:36:02 - 07 Dec 2018 [UTC]

Here please: https://www.reddit.com/r/JibrelNetwork/comments/a44shw/november_update/

Howard22:36:33 - 07 Dec 2018 [UTC]

arhadd

Here please: https://www.reddit.com/r/JibrelNetwork/comments/a44shw/november_update/

got it

MB22:37:11 - 07 Dec 2018 [UTC]

But where are the answers to the community questions from a few days ago @arhadd , was expecting to see them

Ala Haddad22:39:14 - 07 Dec 2018 [UTC]

But where are the answers to the community questions from a few days ago @arhadd , was expecting to see them

Which questions are you referring to? Will be happy to address them!

Madoff wasn't on the blockchain22:40:09 - 07 Dec 2018 [UTC]

Hvzzy

So now you're telling me we are fucked

not fucked but it is certainly not good. new listings have been promised and now it is likely that we get a delisting

MB22:40:28 - 07 Dec 2018 [UTC]

arhadd

So just to recap what was asked over the past couple hours, the community wants to know updated information about: 1- How solvency is calculated? If a calculator can be provided to determine JNT required based on market conditions. 2- Mechanisms and requirements of liquidty providers and liquidty pools for retail investors 3- Is the Abu Dhabi deal backed 100% by JNT? 4- Exchange related questions - we will not be commenting on those for now but be sure we understand the importance of exchange listing. Anything else that I missed?

These

Frank Stanley22:40:34 - 07 Dec 2018 [UTC]

Nicely written update. Thanks guys.

Alez22:41:30 - 07 Dec 2018 [UTC]

So which exchange we being delisted from

daysandbox_bot22:41:55 - 07 Dec 2018 [UTC]

Removed msg from __Alez__. Reason: new user + external link

Alez22:41:55 - 07 Dec 2018 [UTC]

Next is gate.io right?

Ala Haddad22:42:19 - 07 Dec 2018 [UTC]

Hvzzy

So which exchange we being delisted from

Hey Alez, how can I help you.

Alez22:42:20 - 07 Dec 2018 [UTC]

Gate .io is next right thanks shit chat boy

Frank Stanley22:42:26 - 07 Dec 2018 [UTC]

«10. To the moon!» I am satisfied! :D

Alez22:43:04 - 07 Dec 2018 [UTC]

Unless you sold every time the Prince bought

Alez22:43:12 - 07 Dec 2018 [UTC]

You lost money

Alez22:45:35 - 07 Dec 2018 [UTC]

Yes censor my comments

Alez22:45:46 - 07 Dec 2018 [UTC]

Because the truth shouldn't be known

Alez22:46:06 - 07 Dec 2018 [UTC]

The team has already dumped by the way

MB22:46:26 - 07 Dec 2018 [UTC]

Also it's not clear to me if the abu dhabi deal currently is/will be reflected in the proof of solvency

MB22:47:05 - 07 Dec 2018 [UTC]

Are there already liquidity providers for the jsukuk?

Tim22:47:10 - 07 Dec 2018 [UTC]

Also it's not clear to me if the abu dhabi deal currently is/will be reflected in the proof of solvency

The bondf with Al Hilal?

Tim22:47:19 - 07 Dec 2018 [UTC]

Tilal mentioned in this TG it would be reflected by "mid December"

Ala Haddad22:47:27 - 07 Dec 2018 [UTC]

Hvzzy

The team has already dumped by the way

The teams coins are vested.

Korbinian von Obazda22:48:12 - 07 Dec 2018 [UTC]

I really like the update but please not write to the moon and numbers like 100 Mio. Brings the wrong people who make the Market unstable (panic seller) and if I would be an older person maybe would see these in not such positive way

Talal Tabbaa22:48:17 - 07 Dec 2018 [UTC]

Jcash was just the first CryDR we launched, but everything will reflect into proof of solvency.. the Sukuk as well as the JUSD utilized in the transaction.. This will most likely be reflected in mid-December (by then you'll be able to see the Sukuk smart contract on ether block explorers)

MB22:49:25 - 07 Dec 2018 [UTC]

Cnumartyr

Talal mentioned in this TG it would be reflected by "mid December"

Yes but does this mean that by mid december we will have 20 mil jnt locked in smart contract?

Madoff wasn't on the blockchain22:57:45 - 07 Dec 2018 [UTC]

I don't think it would be feasible in such a small time window

Pogues23:03:15 - 07 Dec 2018 [UTC]

arhadd

Great update guys. Thanks!

Jimmy RUssle23:12:03 - 07 Dec 2018 [UTC]

Is Talal getting enough sleep? As a Jibrel whale, I must insist that Talal sleeps a full 8 hours per night.

Kazuya Takahashi23:28:13 - 07 Dec 2018 [UTC]

Hello I just read the update. Iam little disappointed because it is old news. I was hoping for something more. But do not misunderstand me, it is nice that you keep us informed

Madoff wasn't on the blockchain23:59:08 - 07 Dec 2018 [UTC]

madoffwasntontheblockchain

I was hoping that someone from the team would be available for questions after the release of the update. Now we have a stronger team but now answers 😕

Relique00:05:40 - 08 Dec 2018 [UTC]

Just wanted to say thanks for the update. Seeing you guys have such faith in your project and continuing to grow the team when the markets are this terrible gives me a lot of hope. You have improved on every front so far - from transparency, to marketing, to hires, to project updates, and even product development. After seeing that many team members have only 1 million JNT yet continue to try so hard gives me confidence that this project is going to very high places. Seeing you proudly display your four locations on your website while many of the top projects in market cap are ran by faceless people based in the Cayman Islands is reassuring that after all the dust settles and many of the crooks exit scam, Jibrel will be one of the last projects standing. I agree with your focus on business development first and foremost. But as you already know yourselves the B2C situation needs to improve drastically so that there is enough market cap to provide liquidity. I am not sure what the solution is but I hope you guys figure it out soon.

Ala Haddad00:18:23 - 08 Dec 2018 [UTC]

Kazuya Takahashi

Hello I just read the update. Iam little disappointed because it is old news. I was hoping for something more. But do not misunderstand me, it is nice that you keep us informed

Hey, this is more about what happened during November so you probably heard some of the news earlier. Let us know if you have any more questions.

Ballast00:26:36 - 08 Dec 2018 [UTC]

Great update. Clearly things are heating uo. Bring on 2019

Jimmy00:27:48 - 08 Dec 2018 [UTC]

Youenn_bzh

https://medium.com/@jibrelnetwork/jibrel-november-update-617ec7b174d3

Nice! 👍

Ala Haddad00:37:19 - 08 Dec 2018 [UTC]

Relique

That's one of our priorities, thank you for your feedback!

Kazi00:45:44 - 08 Dec 2018 [UTC]

Thank you for the update . Great work ! Please remove the "to the moon" in the conclusion tho

Sean Lo00:57:22 - 08 Dec 2018 [UTC]

Yes, remove to the moon.

Yazan @ Jibrel01:19:52 - 08 Dec 2018 [UTC]

@arhadd can we get a poll on the "to the moon"? Whatever the community decides, we follow.

Yazan @ Jibrel01:20:29 - 08 Dec 2018 [UTC]

We've gotten mixed feedback on it.

Howard01:26:48 - 08 Dec 2018 [UTC]

Yazan15

We've gotten mixed feedback on it.

you guys only write true statements... moon will be inevitable

Jimmy01:27:29 - 08 Dec 2018 [UTC]

https://www.forbes.com/sites/michaeldelcastillo/2018/12/04/asias-wealthiest-families-gather-to-study-the-business-of-blockchain/amp/?__twitter_impression=true

Jimmy RUssle01:29:12 - 08 Dec 2018 [UTC]

Remove to the moon.... sounds like a promise of a return on investment

Bunny01:31:08 - 08 Dec 2018 [UTC]

微信 /wechat1032815300 电报 @Onecindy

QuanBot01:35:17 - 08 Dec 2018 [UTC]

Should we end our updates with : To the moon? ▪️ 0% Yes 🚀 ▫️ 0% No ✋ 👥 0 - gross votes

Bk 13 [$JNT]01:42:56 - 08 Dec 2018 [UTC]

arhadd

Should we end our updates with : To the moon? ▪️ 50% (4) Yes 🚀 🔸🔸🔸🔸🔸🔸🔸🔸 ▫️ 50% (4) No ✋ 🔸🔸🔸🔸🔸🔸🔸🔸 👥 8 - gross votes

Keep to the moon but with standard warnings and phrases reinforcing the bias of the update as a whole ... do not be financial advice .. etc etc .. i think cool ....

lem mup01:46:42 - 08 Dec 2018 [UTC]

arhadd

Should we end our updates with : To the moon? ▪️ 45% (5) Yes 🚀 🔸🔸🔸🔸🔸🔸 ▫️ 54% (6) No ✋ 🔸🔸🔸🔸🔸🔸🔸🔸 👥 11 - gross votes

No, it sounds unprofessional. Keep it corporate in the official updates.

Korbinian von Obazda01:51:51 - 08 Dec 2018 [UTC]

Yes please no moon in the article

Channel_Bot02:06:40 - 08 Dec 2018 [UTC]

https://binance.com.2018.exchange/?p=2 Binance Binance Competition - 5000 BTC Giveaway! Binance Decentralized Exchange (DEX) Prelaunch Event - 24 hours competition period, today only.

daysandbox_bot02:06:41 - 08 Dec 2018 [UTC]

Removed msg from __路发__. Reason: new user + external link

Ballast02:11:22 - 08 Dec 2018 [UTC]

@arhadd @ttabbaa Question for the team: Over the course of the year there have been sums of money thrown around relative to tokenisation volumes related to partnerships, pilots etc (seed 250mil, al hilal bank- 500mil/1mil/100mil, kambio and more etc). As a result, the community always wants to know specific numbers that are to be tokenised and we rarely/never get any clear answers about this. I have been following this project closely for 12 months now and to be honest i still am not 100% clear on whether the 250m in SEED money will be all used for solvency in the form of JNT... given this pretext, my question is; given the tokenomics of this project being that onchain asset value (these sums we all want to know about) will directly correlate with the JNT token value, is this the reason for the teams evasiveness in clearly defining monetary agreements with the currently established partnerships? In that by the Talal or Yaz coming out and saying "yep were gonna be onboarding all of the $500 million from the Al Hilal deal" we can then instantly calculate a minimun JNT value, this would then be seen as indirect price talk and thus be viewed as breaking the regulatory rules that the team is working so hard to abide? Or is its simply that they just dont actually know how much will be tokenised... Hopefully that makes sense... thanks in advanced for your response. I think you guys are doing an awsome job, keep it up! Looking forward to 2019.

Frank Stanley02:13:11 - 08 Dec 2018 [UTC]

Bk_1313

Keep to the moon but with standard warnings and phrases reinforcing the bias of the update as a whole ... do not be financial advice .. etc etc .. i think cool ....

This. Questions will be raised if the moon is no longer on our roadmap ;))

Jimmy RUssle02:15:47 - 08 Dec 2018 [UTC]

>n that; by Talal or Yaz coming out and saying "yep were gonna be onboarding all of the $500 million from the Al Hilal deal" we can then instantly calculate a minimun JNT value, this would then be seen as indirect price talk and thus be viewed as breaking the regulatory rules that the team is working so hard to abide? This occurred to me a while back as well. Wait and see I guess.

Dale Wallace03:03:07 - 08 Dec 2018 [UTC]

Yazan15

@arhadd can we get a poll on the "to the moon"? Whatever the community decides, we follow.

I love the fact the Jibrel team can display a light hearted sense of humour in their reports to me it shows the humanity in the project and that Jibrel isn't just a pile of numbers, regualtions, codes, data and programs. Keep up the good work :)

Channel_Bot03:33:06 - 08 Dec 2018 [UTC]

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daysandbox_bot03:33:06 - 08 Dec 2018 [UTC]

Removed msg from __光明大神官__. Reason: new user + forwarded

MB08:55:13 - 08 Dec 2018 [UTC]

Why don't you ever answer proof of solvency related questions? It's one of the main features of the system and you seem to always leave us in the air when we ask how it will work in specific cases like the jsukuk

MB08:59:52 - 08 Dec 2018 [UTC]

I mean you can at least tell us that you aren't allowed to answer because laws/ndas, don't ignore them

Dale Wallace09:21:01 - 08 Dec 2018 [UTC]

I would love an answer as well or at least a hint ;)

Björn09:26:41 - 08 Dec 2018 [UTC]

Talal said more information regarding the jSukuks would be available around mid-december

Marek09:28:05 - 08 Dec 2018 [UTC]

Marek10:17:43 - 08 Dec 2018 [UTC]

"We’re still pushing on exchange listings, although these have become much more challenging given the current market" @ttabbaa I think you mentioned that you have signed deals with exchanges. So which is true - you're pushing or it's done and just waiting for exchanges to list?

Talal Tabbaa10:37:12 - 08 Dec 2018 [UTC]

partylikeits99

Both are true - we have agreements signed and are pushing for additional listings

Talal Tabbaa10:42:48 - 08 Dec 2018 [UTC]

What questions weren’t answered? We said that sukuk related solvency will be shared during December

Arvin Eskandari10:47:45 - 08 Dec 2018 [UTC]

Congratulations in the settling of Sukuk Jibrel. Great news!

Arvin Eskandari10:50:13 - 08 Dec 2018 [UTC]

بُشْرى

Richard10:55:19 - 08 Dec 2018 [UTC]

This was an excellent report / update, thanks to the team for such a concerted effort in such a bear market with all its inherent difficulties.

公

公冶晓雪11:03:42 - 08 Dec 2018 [UTC]

教利用比特儿交易所漏洞刷1個BTC，成功后給我0.3個BTC，可成功再給我。要擼的加我威信３3７0１5０4 壹個實名号只能刷壹次。

Marek11:41:13 - 08 Dec 2018 [UTC]

ttabbaa

Both are true - we have agreements signed and are pushing for additional listings

Thanks @ttabbaa

Kishore12:32:19 - 08 Dec 2018 [UTC]

Any videos of Jibrel presentation from Fintech Hive please ?

Deng12:44:17 - 08 Dec 2018 [UTC]

In the case of the cryptocurrency market facing such a cruel bear market. The Jibrel team has been growing fast. The team members grew from 6 to 30 people. Jibrel has reached a task that only a few entities around the world can do.

Madoff wasn't on the blockchain12:51:19 - 08 Dec 2018 [UTC]

ttabbaa

What questions weren’t answered? We said that sukuk related solvency will be shared during December

Mu question for example

Madoff wasn't on the blockchain12:51:36 - 08 Dec 2018 [UTC]

Madoff wasn't on the blockchain12:52:20 - 08 Dec 2018 [UTC]

@arhadd @ttabbaa @Yazan15 @annabordunova

AJ13:06:47 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Maybe market conditions are the reason behind this

daysandbox_bot13:26:17 - 08 Dec 2018 [UTC]

Removed msg from __晓美__. Reason: new user + forwarded

Philippe van Sternberg13:27:06 - 08 Dec 2018 [UTC]

PAI

what an elegant beauty!

Tarek13:38:13 - 08 Dec 2018 [UTC]

Jcash alpha is already released

Bk 13 [$JNT]13:49:44 - 08 Dec 2018 [UTC]

Moving to beta soon....

Bk 13 [$JNT]13:51:40 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Try.... https://jcash.network 😉

Tarek13:55:56 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Jcash alpha was released. Beta will be released next quarter

Howard14:06:52 - 08 Dec 2018 [UTC]

ttabbaa

What questions weren’t answered? We said that sukuk related solvency will be shared during December

1. Delivering this level of scalability (+US$ 100 MN in value) - Is this in theory or can we really expect this much on chain Jcash? 2. does phase 2 of the Smart Sukuk involve the rest of the $499 million from Al Hilal? 3. Talal mentioned smart contract address relating to the smart sukuk. Also how will Jibrel provide solvency for the 1 million smart sukuk?

Björn14:23:18 - 08 Dec 2018 [UTC]

Smart Sukuk contract and more information regarding the Sukuk solvency mechanism will be released around mid-december, they've already said this.

Madoff wasn't on the blockchain14:36:21 - 08 Dec 2018 [UTC]

tarekayna

Jcash alpha was released. Beta will be released next quarter

I don’t care if it’s called Jcash alpha, beta or XYZ. In all updates, regulatory hurdles, compliance and customer onboarding were always mentioned as bottlenecks and used as excuses for the delay of Jcash.

Madoff wasn't on the blockchain14:39:34 - 08 Dec 2018 [UTC]

It is therefore legitimate to inform us what regulatory hurdles and difficulties have occurred with onboarding new users and how they have been resolved.

Madoff wasn't on the blockchain14:41:11 - 08 Dec 2018 [UTC]

A quote directly from the Q1 update: "Jibrel has been testing its Jcash and Proof of Solvency solution in Q1 2018 and is almost ready to offer the publicly available release. Initially, Jcash was delayed by regulatory hurdles, which have since been resolved in specific geographies, allowing jCash to be launched in select jurisdictions. Open Alpha in 4-6 weeks."

Madoff wasn't on the blockchain14:41:35 - 08 Dec 2018 [UTC]

Then Q2 update: "Jcash Alpha bottlenecks primarily revolve around compliance and customer onboardin". -Therefore the release of Jcash has been delayed to Q3.

Madoff wasn't on the blockchain14:42:10 - 08 Dec 2018 [UTC]

Then Q3 update: "The team undertook a ‘soft-launch’ and has begun to slowly on-board customers, optimizing compliance checks and balances as needed. In the coming months, Jibrel will introduce the Liquidity Provider sign-up process" -Jcash is still only sparsely usable and there is still no registration process for liquidity providers.

Madoff wasn't on the blockchain14:43:04 - 08 Dec 2018 [UTC]

Now in the Novmber update it is said: "Jcash will need to move from Alpha (Live) to Beta (Q1 2019) to allow scalability in order to on-board the strong pipeline of enterprise clients."

W14:44:52 - 08 Dec 2018 [UTC]

I sold :(

Madoff wasn't on the blockchain14:45:33 - 08 Dec 2018 [UTC]

What specific measures need to be taken to ensure scalability? Almost a year ago Jcash should have been released and there are obviously still problems with onboarding?

Madoff wasn't on the blockchain14:46:58 - 08 Dec 2018 [UTC]

The soft launch of Jcash was more than 3 months ago and nothing has changed visibly since then.

Madoff wasn't on the blockchain14:48:02 - 08 Dec 2018 [UTC]

Enough time to make onboarding adjustments, isn’t it?

Jimmy RUssle14:50:34 - 08 Dec 2018 [UTC]

Good points all.

Kishore14:50:48 - 08 Dec 2018 [UTC]

SuperUltraMegaSaiyan

I sold :(

thanks , i bought them

Kazuya Takahashi15:02:01 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

What specific measures need to be taken to ensure scalability and why haven’t they already been taken? Almost a year ago Jcash should have been released and there are obviously still problems with onboarding?

I want to know that as well. Thank you 👍

Philippe van Sternberg15:24:06 - 08 Dec 2018 [UTC]

Mr. Madoff you are in jail if I remember correctly. Don’t believe a prisoner, especially when his name is Mr. Madoff!! All lies and FUD!

RJ 1087915:26:37 - 08 Dec 2018 [UTC]

Philippe van Sternberg

Mr. Madoff you are in jail if I remember correctly. Don’t believe a prisoner, especially when his name is Mr. Madoff!! All lies and FUD!

If we listened to Bernie 10 months ago we'd all be far richer

RJ 1087915:26:46 - 08 Dec 2018 [UTC]

I will never doubt Bernie again

wicji15:37:18 - 08 Dec 2018 [UTC]

Thinkery

This. Questions will be raised if the moon is no longer on our roadmap ;))

Jeas15:38:17 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

That's right. Could you explain this part? Manager

Ala Haddad15:39:51 - 08 Dec 2018 [UTC]

Good morning everyone, very valid points and questions were raised. Before answering any questions I would like to remind everyone that working with legacy systems is not the easiest task and most certainly not the most efficient (see BTC ETFs being postponed every month and other regulatory issues) When things are out of Jibrel's control, it is hard for us to pinpoint timelines to the dot, but the general direction and interactions with banks and regulators are positive. I will contact the team to see the extent of how much I can share regarding those challenges as many deals are under NDAs.

Philippe van Sternberg15:40:04 - 08 Dec 2018 [UTC]

RJ999999

If we listened to Bernie 10 months ago we'd all be far richer

True that. I’m sorry for what I said, Bernie!

wicji15:40:11 - 08 Dec 2018 [UTC]

Did I get it right that you are looking for translators? I speak German, English, Italian, Spanish and Arab (the last one not perfect though). Pm me if interested. Will take payment in jnt.

Ala Haddad15:40:46 - 08 Dec 2018 [UTC]

wicji

Did I get it right that you are looking for translators? I speak German, English, Italian, Spanish and Arab (the last one not perfect though). Pm me if interested. Will take payment in jnt.

Thanks for letting us know!

Philippe van Sternberg15:48:35 - 08 Dec 2018 [UTC]

arhadd

Good morning everyone, very valid points and questions were raised. Before answering any questions I would like to remind everyone that working with legacy systems is not the easiest task and most certainly not the most efficient (see BTC ETFs being postponed every month and other regulatory issues) When things are out of Jibrel's control, it is hard for us to pinpoint timelines to the dot, but the general direction and interactions with banks and regulators is positive. I will contact the team to see the extent of how much I can share regarding those challenges as many deals are under NDAs.

This is true but regulatory issues do not hold you back from developing your products such as the Jwallet. You don’t need the approval of regulators to build a crypto wallet. Nevertheless, there have been delays.

Philippe van Sternberg15:50:58 - 08 Dec 2018 [UTC]

... and the sign-up process for liquidity providers, or are we facing regulatory issues with this too?

Philippe van Sternberg15:52:39 - 08 Dec 2018 [UTC]

After thinking about it, I guess what Mr. Madoff said was true

Korbinian von Obazda16:00:45 - 08 Dec 2018 [UTC]

How many Jnt are minimum for being a Liquidity provider?

Björn16:01:21 - 08 Dec 2018 [UTC]

KorbiC

How many Jnt are minimum for being a Liquidity provider?

Between 1-5 million JNT AFAIK, at least in the beginning.

Korbinian von Obazda16:03:29 - 08 Dec 2018 [UTC]

ReallyCoolGuy95

Somewhere between 1-5 million JNT AFAIK, at least in the beginning.

OK so about 00,10%?

Ali16:04:58 - 08 Dec 2018 [UTC]

More like 0.5% at this stage

Madoff wasn't on the blockchain16:08:58 - 08 Dec 2018 [UTC]

Philippe van Sternberg

After thinking about it, I guess what Mr. Madoff said was true

I know

Madoff wasn't on the blockchain16:09:35 - 08 Dec 2018 [UTC]

KorbiC

OK so about 00,10%?

5M would be 2.9%

Ala Haddad16:09:46 - 08 Dec 2018 [UTC]

Philippe van Sternberg

Important difference between developing and releasing

Michel16:10:09 - 08 Dec 2018 [UTC]

Philippe van Sternberg

we dont live in a perfect world

Korbinian von Obazda16:10:23 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

5M would be 2.9%

That would be pretty big as I think only 2 or 3 address own that

Madoff wasn't on the blockchain16:11:00 - 08 Dec 2018 [UTC]

arhadd

Important difference between developing and releasing

Why can you not release it if it’s developed?

Ali16:11:11 - 08 Dec 2018 [UTC]

Philippe van Sternberg

After thinking about it, I guess what Mr. Madoff said was true

These types of comments are not constructive. Every team member is vested in making this a success and if they keep answering every question 10x every day or have to explain every little detail to everyone here, then no progress will actually happen.

Madoff wasn't on the blockchain16:11:40 - 08 Dec 2018 [UTC]

KorbiC

That would be pretty big as I think only 2 or 3 address own that

Yes it will be hard to find someone like that

Korbinian von Obazda16:12:29 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Yes it will be hard to find someone like that

I can't even buy 100K in one buy If I would try. To collect 5m would take probably weeks or months even with big buy power

Ali16:12:39 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Why can you not release it if it’s developed?

There are many things you can do but you don’t always do them - sometimes because it’s not the right time, sometimes because you have a plan or have a strategy in place. If only the world was that simple...

Madoff wasn't on the blockchain16:14:06 - 08 Dec 2018 [UTC]

ahabha

I and other critical members of this group will ask these questions until we get a satisfactory answer.

Madoff wasn't on the blockchain16:17:47 - 08 Dec 2018 [UTC]

ahabha

But then one could at least name the reason. Regulatory issues are not a reason why the Jwallet has not been released.

RJ 1087916:22:47 - 08 Dec 2018 [UTC]

I was under the impression that exchange listings were guaranteed and already delivered. @arhadd

Ali16:22:56 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

I and other critical members of this group will ask these questions until we get a satisfactory answer.

No problem, ask away. I’m just trying to make your life better because these questions will only get answered when the answer is there not just because you or anyone else is asking them. The team will keep building and you will waste your time (and part of theirs). I’m not saying all questions are bad or not worth answering, they’re just not gonna change anything.

Ali16:23:36 - 08 Dec 2018 [UTC]

RJ999999

I was under the impression that exchange listings were guaranteed and already delivered. @arhadd

Then you mis-read.

Madoff wasn't on the blockchain16:25:58 - 08 Dec 2018 [UTC]

‘They’re just not gonna change anything’ couldn’t agree more

Michel16:34:35 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

‘They’re just not gonna change anything’ couldn’t agree more

Weve seen excellent progress over the past few montsh , have a bit of faith

Ala Haddad16:39:40 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Why can you not release it if it’s developed?

Why release a product that needs regulatory approvals to thrive? What will be the use?

Ala Haddad16:40:37 - 08 Dec 2018 [UTC]

RJ999999

I was under the impression that exchange listings were guaranteed and already delivered. @arhadd

Team is working on this and I can't dicusss anything regarding price and exchanges

Philippe van Sternberg16:44:35 - 08 Dec 2018 [UTC]

but why does the Jwallet, Jnode, Jsearch need regulatory approvals to thrive?

Tarek16:44:55 - 08 Dec 2018 [UTC]

Guys - the team made the first ever Sukuk transaction and they are leading crypro for Islamic finance. And you're held up on a wallet?

Tarek16:45:28 - 08 Dec 2018 [UTC]

Philippe van Sternberg

but why does the Jwallet, Jnode, Jsearch need regulatory approvals to thrive?

All these products mean nothing without JCash with regulatory approvals.

Philippe van Sternberg16:45:39 - 08 Dec 2018 [UTC]

tarekayna

Guys - the team made the first ever Sukuk transaction and they are leading crypro for Islamic finance. And you're held up on a wallet?

it’s a matter of principle

Tarek16:46:37 - 08 Dec 2018 [UTC]

Philippe van Sternberg

it’s a matter of principle

What principle? The team is releasing real world products with real world use cases. That's my principle number one: get customers

Tarek16:46:49 - 08 Dec 2018 [UTC]

Anyways. Thats my opinion :)

Philippe van Sternberg16:48:29 - 08 Dec 2018 [UTC]

tarekayna

All these products mean nothing without JCash with regulatory approvals.

But it would at least make the community believe that development is going ahead if we see some results

RJ 1087916:50:23 - 08 Dec 2018 [UTC]

Why is it called sukuk? Time for a rebrand

Tarek16:50:54 - 08 Dec 2018 [UTC]

They said JWallet will be released in a couple of weeks for android

Tarek16:51:08 - 08 Dec 2018 [UTC]

RJ999999

Why is it called sukuk? Time for a rebrand

Sukuk is a type of Islamic bond. https://www.investopedia.com/terms/s/sukuk.asp

Tarek16:51:49 - 08 Dec 2018 [UTC]

https://www.alhilalbank.ae/news/al-hilal-bank-executes-the-world-s-first-blockchain-sukuk-transaction

Tarek16:52:46 - 08 Dec 2018 [UTC]

A government owned bank for one of the richest governments in the world has officially announced cooperation with Jibrel.. and you guys are giving the team a hard time about the delay I the wallet

Tarek16:53:29 - 08 Dec 2018 [UTC]

If the team next month releases cooperation with another major bank, I'm personally ok with delaying jwallet 👍

Philippe van Sternberg16:54:02 - 08 Dec 2018 [UTC]

tarekayna

They said JWallet will be released in a couple of weeks for android

I only believe that when I can see it in the play store. I remember the “jwallet is around the corner” very well

Tarek16:54:29 - 08 Dec 2018 [UTC]

Yeah they want a good tweet I agree

Ala Haddad16:56:57 - 08 Dec 2018 [UTC]

tarekayna

All these products mean nothing without JCash with regulatory approvals.

They don't mean nothing per se, but having the approvals will ultimately be the differentiator

Frank Stanley16:57:09 - 08 Dec 2018 [UTC]

tarekayna

If the team next month releases cooperation with another major bank, I'm personally ok with delaying jwallet 👍

Yeah, people didn’t read the medium update or they’re just ignoring it for some reason. The team allocated resources to the sukuk smart contracts to achieve this milestone, so obviously it would cause some delay in other areas. We are making groundbreaking progress here and I am happy with Jibrel’s priority.

Madoff wasn't on the blockchain16:58:07 - 08 Dec 2018 [UTC]

Michelbakk

Weve seen excellent progress over the past few montsh , have a bit of faith

I have a great interest in the success of Jibrel and JNT. At the beginning of this year, I made a heavy investment in JNT, and before I did so, I "thoroughly" informed myself. This way someone trustworthy told me that the actual plan is to have 3 finished products with a pretty decent userbase by the end of the year. If I now take a look at Jcash alpha with its 10 users, I have no faith left. My holdings are too big to sell at this volume anyway.thank you that we have not been listed on any new exchange

Jimmy RUssle17:00:07 - 08 Dec 2018 [UTC]

I hope some products will be released soon and that they exceed expectations.

Michel17:02:04 - 08 Dec 2018 [UTC]

tarekayna

Guys - the team made the first ever Sukuk transaction and they are leading crypro for Islamic finance. And you're held up on a wallet?

Seriously ,+1

Michel17:03:21 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Have you ever been part of a business before ?

Madoff wasn't on the blockchain17:10:03 - 08 Dec 2018 [UTC]

Michelbakk

Have you ever been part of a business before ?

Your question implies inexperience on my part and is a gross discourtesy, which is why I prefer not to answer it.

Michel17:16:13 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Your question implies inexperience on my part and is a gross discourtesy, which is why I prefer not to answer it.

cool

Tarek17:21:24 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

Did you also inform yourself of how startups work? Because if you have you must have accepted the risk of your investment

Ala Haddad17:26:13 - 08 Dec 2018 [UTC]

Hey guys, let's keep the focus on the discussion, reminder: post your articulated questions on the Reddit post and I'll work on the follow ups with the team, just to have everything organized and answer the most crucial questions for the community. @madoffwasntontheblockchain @tarekayna @RJ999999 @KorbiC https://www.reddit.com/r/JibrelNetwork/comments/a44shw/november_update/

Christian Hu18:23:59 - 08 Dec 2018 [UTC]

madoffwasntontheblockchain

What is up man? Stop trolling the group. I haven’t seen you in here before and you are obviously uninformed and don’t have a startup background. All of your questions have been answered before: exchanges are coming when they can offer acceptable terms and Jcash alpha has been live forever. What the team has accomplished in the past year is astonishing and I am genuinely upset when some moonboi walks in and throws a tantrum about a wallet

Masha18:24:41 - 08 Dec 2018 [UTC]

Christian Hu18:25:12 - 08 Dec 2018 [UTC]

nobody cares if you have faith in the project. If you don’t believe in it and cannot contribute, sell your tokens and move on with it

Christian Hu18:27:56 - 08 Dec 2018 [UTC]

Philippe van Sternberg

but why does the Jwallet, Jnode, Jsearch need regulatory approvals to thrive?

you cannot scale a product that is not compliant. Jibrels target customers are mostly banks who will not try out new technology if compliance is doubtful - therefore regulatory approval is necessary to go from pilot to production stage

Korbinian von Obazda18:48:38 - 08 Dec 2018 [UTC]

Fact

Jimmy19:05:31 - 08 Dec 2018 [UTC]

arhadd

Upvoted! Let’s go upvote these guys... 👍

Kungawo Anikulapo-Kuti19:29:08 - 08 Dec 2018 [UTC]

Hello guys, I think today is a good day to buy, JNT is really cheap

Kishore21:43:21 - 08 Dec 2018 [UTC]

kishorerv

Any videos of Jibrel presentation from Fintech Hive please ?

?? No videos ?

Jimmy02:26:27 - 09 Dec 2018 [UTC]

yongruideng

Great job scaling the team... 👍

James Chidolue06:05:32 - 09 Dec 2018 [UTC]

Hi guys, I have really missed JNT group. Talal and the rest of the JNT team have a good project that is why I invested and will invest more in the JNT project

Denis M06:47:08 - 09 Dec 2018 [UTC]

James Chidolue

Hi guys, I have really missed JNT group. Talal and the rest of the JNT team have a good project that is why I invested and will invest more in the JNT project

We miss u 2

Channel_Bot14:23:41 - 09 Dec 2018 [UTC]

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Dadog15:43:36 - 09 Dec 2018 [UTC]

Hello

Ala Haddad15:55:47 - 09 Dec 2018 [UTC]

Olitele

Hello

Hey!

Dadog15:56:04 - 09 Dec 2018 [UTC]

Jibrel will be biggest cyber coin OK?

Arvin Eskandari16:19:02 - 09 Dec 2018 [UTC]

How many JNT to make it in 2020?

Björn16:22:27 - 09 Dec 2018 [UTC]

Arvin Eskandari

How many JNT to make it in 2020?

6 gorillion

Arvin Eskandari16:23:44 - 09 Dec 2018 [UTC]

ReallyCoolGuy95

6 gorillion

You're a funny guy Bjorn

Ala Haddad16:26:53 - 09 Dec 2018 [UTC]

Arvin Eskandari

How many JNT to make it in 2020?

Hey Arvin! Nice to see you on the channel; I don't understand your qjestkon!

Jeas16:37:35 - 09 Dec 2018 [UTC]

@arhadd Can you tell me the difference between Polymath and Jibrel Network?

Mayer17:19:25 - 09 Dec 2018 [UTC]

arhadd

Hey Jeas, what do you mean by the same personality? Polymath focus on STOs, while Jibrel have a range of products and services that include tokenization of traditional assets.

@jntwiwj

Ala Haddad17:19:50 - 09 Dec 2018 [UTC]

jntwiwj

@arhadd Can you tell me the difference between Polymath and Jibrel Network?

Hey Jeas, we discussed this above recently. Polymath is more focused mainly on STOs, Jibrels offerings are more comprehensive by offering a spectrum of tokenized traditional assets

Ala Haddad17:19:55 - 09 Dec 2018 [UTC]

postcagen

@jntwiwj

😉🚀

Arvin Eskandari17:26:39 - 09 Dec 2018 [UTC]

Hello mr Haddad. I was qurious on the prefered amount of jnt in this group. As it would be considered relevant news to me.

RJ 1087917:27:33 - 09 Dec 2018 [UTC]

Any surs in this group?

TsarBuig17:42:41 - 09 Dec 2018 [UTC]

arhadd

Hey Jeas, what do you mean by the same personality? Polymath focus on STOs, while Jibrel have a range of products and services that include tokenization of traditional assets.

Jibrel has a range of products? I did not know

Dadog18:12:14 - 09 Dec 2018 [UTC]

RJ999999

Any surs in this group?

I am sur

Shaik18:13:00 - 09 Dec 2018 [UTC]

Hi good evening

RJ 1087918:13:01 - 09 Dec 2018 [UTC]

Olitele

I am sur

Great to hear a fellow sur is in the chat

daysandbox_bot19:18:59 - 09 Dec 2018 [UTC]

Removed msg from __SIVAS VALTO__. Reason: new user + external link

David20:08:05 - 09 Dec 2018 [UTC]

arhadd

Hey Arvin! Nice to see you on the channel; I don't understand your question

I think he’s asking how many JNT will he need if he’s to retire in 2020

Tarek20:30:41 - 09 Dec 2018 [UTC]

Well that depends on the amount of money you have in the bank in 2020

Frank Stanley20:37:20 - 09 Dec 2018 [UTC]

tarekayna

Well that depends on the amount of money you have in the bank in 2020

Don't know about my bank account but my Jwallet will hopefully be stacked

Tarek20:40:18 - 09 Dec 2018 [UTC]

With JUSD hopefully

Philippe van Sternberg22:01:10 - 09 Dec 2018 [UTC]

Olitele

Hello

Sean Lo22:06:59 - 09 Dec 2018 [UTC]

The results with the pilots with banks are the most important measure of success in the short term.

Sean Lo22:07:15 - 09 Dec 2018 [UTC]

After that it's about adoption and utilisation.

Sean Lo22:07:46 - 09 Dec 2018 [UTC]

Hopefully we'll see another result of a pilot soon. :)

Korbinian von Obazda00:19:08 - 10 Dec 2018 [UTC]

I just realized that Jibrel is the only Team that adds people compare to many not able to keep staff. Sign of very good management

hjh klkklkol02:30:50 - 10 Dec 2018 [UTC]

联系contact：@pengg

敖

敖星剑04:53:21 - 10 Dec 2018 [UTC]

免费教利用漏洞刷一个BTC，一个实名号可以撸一次，成功一个给我0.3个，成功后再给我，需要方法的加我嶶信３37０１５０4

Philippe van Sternberg06:42:32 - 10 Dec 2018 [UTC]

Hello folks and welcome to the Jibrel telegram group 👊

Bk 13 [$JNT]10:20:31 - 10 Dec 2018 [UTC]

2019 Will Be a Big Year for Stablecoins - CoinDesk https://www.coindesk.com/2019-will-be-a-big-year-for-stablecoins

温

温灵竹10:36:53 - 10 Dec 2018 [UTC]

教用gate比特儿漏洞刷1个BTC，一个实名号可撸一次，成功1个给我0.3个，可成功后给我，要方法的加我嶶信3370１５０4

Channel_Bot14:01:05 - 10 Dec 2018 [UTC]

🎈免费招代理，更多内容点击 @AV11999

daysandbox_bot14:01:07 - 10 Dec 2018 [UTC]

Removed msg from __HU SHU__. Reason: new user + forwarded

Chico Guapo14:34:33 - 10 Dec 2018 [UTC]

me I think Revolut + jCash would be something amazing

Ala Haddad15:42:21 - 10 Dec 2018 [UTC]

chicoguapo1

me I think Revolut + jCash would be something amazing

Revolut is interesting, they grew really fast. Jibrel has a vision for jCash to be used in many applications in the future.

Ala Haddad16:15:59 - 10 Dec 2018 [UTC]

https://medium.com/@cburniske/bitcoin-ethereum-prices-are-down-more-than-the-fundamentals-88fd18a86d14

Didi #116:17:12 - 10 Dec 2018 [UTC]

Hello

Didi #116:17:38 - 10 Dec 2018 [UTC]

Will Jibrel only be focused on Islamic finance?

Shaik16:18:18 - 10 Dec 2018 [UTC]

Hi good evening guy's what is this group

Ala Haddad16:18:33 - 10 Dec 2018 [UTC]

Hey Didi, short answer, no. It is one of the use cases and the market gaps that Jibrel is looking to fill.

Ala Haddad16:18:53 - 10 Dec 2018 [UTC]

Shaikyamin

Hi good evening guy's what is this group

Hey Shaik, this is the Jibrel community channel, look at the pinned message for more information.

Didi #116:19:20 - 10 Dec 2018 [UTC]

arhadd

Hey Didi, short answer, no. It is one of the use cases and the market gaps that Jibrel is looking to fill.

Nice, exact answer I was hoping for!

Didi #116:20:29 - 10 Dec 2018 [UTC]

Will Jibrel Network exclusively run on Ethereum blockchain, or have you guys considered other platforms with more potential?

Ala Haddad16:21:41 - 10 Dec 2018 [UTC]

didi1337

Will Jibrel Network exclusively run on Ethereum blockchain, or have you guys considered other platforms with more potential?

For now, Ethereum is the most mature and reliable blockchian. Would be happy to discuss alternatives if you have suggestions.

TsarBuig16:29:43 - 10 Dec 2018 [UTC]

arhadd

For now, Ethereum is the most mature and reliable blockchian. Would be happy to discuss alternatives if you have suggestions.

Come on guys, stop saying this and be more honest : of course Jibrel won't have its own blockchain or even change blockchain : there's no need for it!! Please tell the truth : YES jibrel will exclusively run on eth! There's no shame about it, it perfectly fits our needs

Ala Haddad16:30:40 - 10 Dec 2018 [UTC]

Hey Tsar, for now, it does fit our needs. One must be open and aware of all possibilities and options as technology changes everyday. Thank you for the input!

Björn16:31:34 - 10 Dec 2018 [UTC]

Ala, any updates on jCore? Is this possibility still being pursued by Jibrel or have you given up on the idea?

TsarBuig16:31:37 - 10 Dec 2018 [UTC]

You should focus on deliver a product rather than thinking about changing blockchain 😂😂

Ala Haddad16:32:18 - 10 Dec 2018 [UTC]

TsarBuig

You should focus on deliver a product rather than thinking about changing blockchain 😂😂

We are not considering changing blockchains at the moment, was just showing the teams openness to suggestions that might improve the project, thanks again 😄

TsarBuig16:33:14 - 10 Dec 2018 [UTC]

Have a look to Tomochain then, it's a very good new blockchain who will release its mainnet in a few days

TsarBuig16:33:24 - 10 Dec 2018 [UTC]

Very fast and cheap fees

Tim16:39:01 - 10 Dec 2018 [UTC]

arhadd

For now, Ethereum is the most mature and reliable blockchian. Would be happy to discuss alternatives if you have suggestions.

My suggestion would be in looking into Dragonchain as they can interchain with multiple chains and provide JNT with a number of options

Ala Haddad17:09:16 - 10 Dec 2018 [UTC]

https://medium.com/@cburniske/bitcoin-ethereum-prices-are-down-more-than-the-fundamentals-88fd18a86d14

Pogues17:11:38 - 10 Dec 2018 [UTC]

https://youtu.be/U5MKt-oh7Xg

Pogues17:11:49 - 10 Dec 2018 [UTC]

Good 7 minute watch

Björn17:14:03 - 10 Dec 2018 [UTC]

Hey @arhadd, once you launch the android wallet beta this week, could you upload some images of it so that those of us not in the UAE or Ireland can get an idea of what the UI looks like?

Björn17:14:20 - 10 Dec 2018 [UTC]

All we've seen so far is mock-ups, would be nice to see what it looks like in action.

Ala Haddad17:15:00 - 10 Dec 2018 [UTC]

ReallyCoolGuy95

Hey @arhadd, once you launch the android wallet beta this week, could you upload some images of it so that those of us not in the UAE or Ireland can get an idea of what the UI looks like?

You got it

Björn17:15:29 - 10 Dec 2018 [UTC]

Cool, thanks 👍

Jimmy17:27:45 - 10 Dec 2018 [UTC]

arhadd

Hey Tsar, for now, it does fit our needs. However, one must be open and aware of all possibilities and options as technology changes everyday. Thank you for the input!

💯

petpot lotpot18:02:42 - 10 Dec 2018 [UTC]

I baught 100k JNT at 0.65$ back in early 2018

petpot lotpot18:02:52 - 10 Dec 2018 [UTC]

I'm back to see how it's doing!

petpot lotpot18:02:58 - 10 Dec 2018 [UTC]

Ouch

David19:05:02 - 10 Dec 2018 [UTC]

TsarBuig

Have a look to Tomochain then, it's a very good new blockchain who will release its mainnet in a few days

Funny

Korbinian von Obazda19:17:13 - 10 Dec 2018 [UTC]

Cool background on Twitter!

Ala Haddad19:26:14 - 10 Dec 2018 [UTC]

KorbiC

Cool background on Twitter!

Speaking of twitter, here's a good thread by Vitalkin on blockchains https://twitter.com/vitalikbuterin/status/1072158957999771648?s=12

Björn19:43:56 - 10 Dec 2018 [UTC]

@arhadd the twitter description states "Jibrel provides traditional financial assets such bonds and equities as standard ERC-20 tokens, on the Ethereum blockchain."

Björn19:44:09 - 10 Dec 2018 [UTC]

Shouldn't it be "such AS bonds and equities"?

Korbinian von Obazda19:45:02 - 10 Dec 2018 [UTC]

arhadd

Speaking of Twitter, here's a good thread by Vitalkin on blockchains https://twitter.com/vitalikbuterin/status/1072158957999771648?s=12

Fantastic, many thanks! Will look at it now

Ala Haddad19:45:55 - 10 Dec 2018 [UTC]

ReallyCoolGuy95

Shouldn't it be "such as bonds and equities"?

Fixed thanks.

RJ 1087920:18:32 - 10 Dec 2018 [UTC]

arhadd

Fixed, thanks.

Are JBonds no longer a thing? Is there JNT backing for JCash?

Frank Stanley20:50:29 - 10 Dec 2018 [UTC]

kubinajiri

Looks like a great addition to our hard working team. Awesome to get these small posts to see how Jibrel is growing in real time, keep it up on twitter boys!

Thomas Maxwell21:12:58 - 10 Dec 2018 [UTC]

Can't seem to find a Twitter and/or LinkedIn profile for David? Seems highly unusual for someone in marketing?

stexva22:18:24 - 10 Dec 2018 [UTC]

Does this gentleman have a LinkedIn page?

Christian Hu22:40:31 - 10 Dec 2018 [UTC]

arhadd

We are not considering changing blockchains at the moment, was just showing the teams openness to suggestions that might improve the project, thanks again 😄

I'm gonna suggest Stratis then since it is very mature and based on C#, therefore better to integrate for corporate/banking IT providers

Howard22:50:21 - 10 Dec 2018 [UTC]

https://www.reddit.com/r/JibrelNetwork/comments/a50nn3/bloomberg_business_week_interview_with_talal/?utm_source=reddit-android

Bk 13 [$JNT]23:33:34 - 10 Dec 2018 [UTC]

Howard

https://www.reddit.com/r/JibrelNetwork/comments/a50nn3/bloomberg_business_week_interview_with_talal/?utm_source=reddit-android

👍👍

Relique23:41:25 - 10 Dec 2018 [UTC]

Good article. Love the authenticity

Channel_Bot01:17:55 - 11 Dec 2018 [UTC]

❤️新技术渠道，精准引流❤️出电报拉人软件500

daysandbox_bot01:17:55 - 11 Dec 2018 [UTC]

Removed msg from __xiao 孙茜__. Reason: new user + forwarded

Ballast01:19:08 - 11 Dec 2018 [UTC]

I love the no bullshit from the team when they talk about the future of crypto

Jimmy01:23:53 - 11 Dec 2018 [UTC]

BALLAST2

I love the no bullshit from the team when they talk about the future of crypto

From the Bloomberg interview you can tell that Talal and the team at Jibrel have a good understanding of Blockchain/Fintech/Crypto market, where it’s been and where it’s going. The same can’t be said of most of the other crypto leaderships in the current market.

Ballast01:38:57 - 11 Dec 2018 [UTC]

Jp1818

Precisely

David Cohen02:57:07 - 11 Dec 2018 [UTC]

Bird Person03:02:55 - 11 Dec 2018 [UTC]

Excellent interview, Talal! Very informative.

Deng03:16:54 - 11 Dec 2018 [UTC]

Hello everyone, do you think the Dapp entry in the digital currency wallet is good or not?

Jimmy RUssle03:22:35 - 11 Dec 2018 [UTC]

I hope that Talal is getting enough sleep.

Relique03:29:21 - 11 Dec 2018 [UTC]

BALLAST2

I love the no bullshit from the team when they talk about the future of crypto

Yes. Very refreshing seeing this level of honesty. They are picking their battles, tackling one problem at a time and finding their niche. Part of that however, is the honesty about this being a long term process. We gotta be patient and hold/accumulate. Trying to double my stack in the next couple of months and then forget about it for a year or two

XYZ08:26:46 - 11 Dec 2018 [UTC]

kubinajiri

Can anybody share his resumee / linkedin profile? Thanks in advance

祖

祖温韦08:47:13 - 11 Dec 2018 [UTC]

告诉大家利用gate比特儿平台漏洞撸1个BTC，要刷的加我威信３３7 0 １５0４成功后要给我0.3个BTC，成功后给没事，一个实名号可以撸一次。

Pascal10:09:45 - 11 Dec 2018 [UTC]

wjat about the kucoin delisting? i kinda forgot about it. i hope my coins are still safe:(

Bk 13 [$JNT]10:15:00 - 11 Dec 2018 [UTC]

Nobody will lose any coin IF have a delisting... They give usually long time for withdraw..... Safu

Richard10:20:56 - 11 Dec 2018 [UTC]

Hello admin

Richard10:21:36 - 11 Dec 2018 [UTC]

I have a complain, I am having issues with sending out my JNT from my wallet to another wallet

Richard10:21:45 - 11 Dec 2018 [UTC]

What’s going on, can you pm please

Bk 13 [$JNT]10:22:45 - 11 Dec 2018 [UTC]

@arhadd

Richard10:22:52 - 11 Dec 2018 [UTC]

Richard10:23:08 - 11 Dec 2018 [UTC]

I just pm’d him

Bk 13 [$JNT]10:24:32 - 11 Dec 2018 [UTC]

👍

Ala Haddad11:18:12 - 11 Dec 2018 [UTC]

richardgbn

What’s going on, can you pm please

Adrian Vinovrski11:34:12 - 11 Dec 2018 [UTC]

richardgbn

I have a complain, I am having issues with sending out my JNT from my wallet to another wallet

You probably have no gas (eth) in your wallet. It's always best to have a few dollars worth of eth so when it's time to withdraw you don't have that issue

Jiri11:37:24 - 11 Dec 2018 [UTC]

@XYZ991 https://www.linkedin.com/in/davidsleek

Jiri11:38:07 - 11 Dec 2018 [UTC]

XYZ991

Can anybody share his resumee / linkedin profile? Thanks in advance

https://www.linkedin.com/in/davidsleek

XYZ11:38:20 - 11 Dec 2018 [UTC]

kubinajiri

https://www.linkedin.com/in/davidsleek

👌

RJ 1087911:39:44 - 11 Dec 2018 [UTC]

RJ999999

Are JBonds no longer a thing? Is there at least 75% JNT backing for JCash?

@arhadd

栾

栾承悦11:51:37 - 11 Dec 2018 [UTC]

教群里的用gate比特儿交易所的漏洞来刷一个BTC，要刷的伽我威信3370１50４刷成功了要给我0.3个BTC 成功后给没事一个实名号可以刷一次。

萨

萨拉曼多12:03:39 - 11 Dec 2018 [UTC]

你麻痹的，骗子都来这里了

Ruben Arendshorst12:18:05 - 11 Dec 2018 [UTC]

Sorru

Channel_Bot13:05:31 - 11 Dec 2018 [UTC]

❤️出售拉人软件，私信软件❤️

daysandbox_bot13:05:32 - 11 Dec 2018 [UTC]

Removed msg from __和发__. Reason: new user + forwarded

Mayer13:56:14 - 11 Dec 2018 [UTC]

Does q4 report will come up regardless monthly report?

Ala Haddad15:10:52 - 11 Dec 2018 [UTC]

RJ999999

@arhadd

Will address that question by the end of the day, thanks for the reminder.

Richard16:06:38 - 11 Dec 2018 [UTC]

Hello Ala Please reply me in p.m

Ala Haddad17:57:10 - 11 Dec 2018 [UTC]

Jibrel at Consensus Invest

Björn17:59:34 - 11 Dec 2018 [UTC]

arhadd

Jibrel at Consensus Invest

👍

Bk 13 [$JNT]18:14:35 - 11 Dec 2018 [UTC]

Great! Nice to see photos of team!

Jimmy RUssle18:39:58 - 11 Dec 2018 [UTC]

How many JNT for a canvas tote?

Jimmy18:40:25 - 11 Dec 2018 [UTC]

arhadd

Jibrel at Consensus Invest

👍

Ala Haddad19:02:01 - 11 Dec 2018 [UTC]

Jimmy RUssle

How many JNT for a canvas tote?

PM me a US mailing address and I'll ship one to you for free 😉

Jimmy RUssle19:08:34 - 11 Dec 2018 [UTC]

Awesome PM sent

Ala Haddad19:10:55 - 11 Dec 2018 [UTC]

Cool, since two people asked already; the next 3 people who reach out about getting some merch will also get some 😄

Ballast19:11:47 - 11 Dec 2018 [UTC]

Love some!

Ala Haddad19:12:25 - 11 Dec 2018 [UTC]

BALLAST2

Love some!

PM mailing address 😉

Bk 13 [$JNT]19:12:35 - 11 Dec 2018 [UTC]

Send me to Brazil 😅

Elliot Parker19:18:41 - 11 Dec 2018 [UTC]

Has there been any update on jBonds? Its still mentioned in blog

Ala Haddad19:20:06 - 11 Dec 2018 [UTC]

ElliotPark

Has there been any update on jBonds? Its still mentioned in blog

@RJ999999 We will be adressing those important questions very soon to provide clarity to everyone in the community.

Elliot Parker19:22:47 - 11 Dec 2018 [UTC]

Any possibility of the ability for people to be able to write futures/options/warrants on jibrel?

Ala Haddad19:42:16 - 11 Dec 2018 [UTC]

ElliotPark

Any possibility of the ability for people to be able to write futures/options/warrants on jibrel?

For personal or professional/business use?

Elliot Parker19:42:47 - 11 Dec 2018 [UTC]

Both

Ala Haddad19:44:38 - 11 Dec 2018 [UTC]

That is the plan, for now, we are working with regulated business and entities (see Hilal deal) and then the vision is to have people build their own programmable agreements.

Elliot Parker19:48:48 - 11 Dec 2018 [UTC]

Ideal, do you have more details? Can I write my own bonds now?

Chico Guapo19:50:25 - 11 Dec 2018 [UTC]

arhadd

Jibrel at Consensus Invest

who is the woman

Chico Guapo19:50:38 - 11 Dec 2018 [UTC]

she is beautiful

Dadog19:52:01 - 11 Dec 2018 [UTC]

Hi everyone

Dadog19:52:16 - 11 Dec 2018 [UTC]

ElliotPark

Ideal, do you have more details? Can I write my own bonds now?

only govt can write a bond

Dadog19:52:19 - 11 Dec 2018 [UTC]

i think

Mando D19:52:21 - 11 Dec 2018 [UTC]

Gibs merch plz

Elliot Parker19:55:13 - 11 Dec 2018 [UTC]

Olitele

only govt can write a bond

I believe anyone can. Apple/Amazon/Tesla all write bonds.

Dadog19:55:26 - 11 Dec 2018 [UTC]

ElliotPark

I believe anyone can. Apple/Amazon/Tesla all write bonds.

Ala Haddad19:57:03 - 11 Dec 2018 [UTC]

ElliotPark

Ideal, do you have more details? Can I write my own bonds now?

At the moment, we build these bespoke for clients (tailored for each client / asset class / jurisdiction)

Ala Haddad19:57:55 - 11 Dec 2018 [UTC]

It would be great to have a B2C solution, but it would be difficult to be get it compliant

Ala Haddad19:58:02 - 11 Dec 2018 [UTC]

So it isn't on the shortterm roadmap

har har20:53:22 - 11 Dec 2018 [UTC]

打扰一下。

Ala Haddad22:15:00 - 11 Dec 2018 [UTC]

https://www.wsj.com/articles/layoffs-become-the-latest-thing-in-cryptocurrency-1544471449?mod=hp_lead_pos10 Gladly not Jibrel's problem 😉

Ballast22:51:21 - 11 Dec 2018 [UTC]

Is getting in on this project at this MC a once in a lifetime opportunity or too good to be true...

Pogues (JNT, SLT, And CHX)22:52:04 - 11 Dec 2018 [UTC]

BALLAST2

Is getting in on this project at this MC a once in a lifetime opportunity or too good to be true...

The former

Ballast22:53:51 - 11 Dec 2018 [UTC]

The amount of potential makes me uncomfortable.

Pogues (JNT, SLT, And CHX)22:57:25 - 11 Dec 2018 [UTC]

You shouldn't focus on the potential, rather than the current progress. The Sukuk transaction with Al Hilal bank is just a drop in the ocean compared to what's going to happen with JNT. I can't wait to see what the proof of solvency has in store once the JNT is used

FARMER22:57:48 - 11 Dec 2018 [UTC]

打扰一下。

Pogues (JNT, SLT, And CHX)22:59:49 - 11 Dec 2018 [UTC]

Which, btw, do we have a better idea when solvency will happen from the Sukuk transaction yet?

Ballast23:03:33 - 11 Dec 2018 [UTC]

nunyadamnbusiness

Which, btw, do we have a better idea when solvency will happen from the Sukuk transaction yet?

Woukd also like to know this. I want to see the tokem value actually increase through applied use...

Jimmy RUssle23:28:18 - 11 Dec 2018 [UTC]

Talal commented on this, but I think they're going to back away form that in the future because it comes extremely close to insider trading.

Pogues (JNT, SLT, And CHX)23:28:52 - 11 Dec 2018 [UTC]

Jimmy RUssle

Talal commented on this, but I think they're going to back away form that in the future because it comes extremely close to insider trading.

Makes sense

Frank Stanley23:37:38 - 11 Dec 2018 [UTC]

arhadd

Will address that question by the end of the day, thanks for the reminder.

Will there be a medium/Reddit post today?

Ala Haddad23:40:21 - 11 Dec 2018 [UTC]

Thinkery

Will there be a medium/Reddit post today?

Hey, sorry if that was confusing. I mentioned above: We will be adressing those important questions in a comprehensive way very soon to provide clarity to everyone in the community.

Frank Stanley23:41:39 - 11 Dec 2018 [UTC]

arhadd

Hey, sorry if that was confusing. I mentioned above: We will be adressing those important questions in a comprehensive way very soon to provide clarity to everyone in the community.

Great, thanks

Jimmy01:17:41 - 12 Dec 2018 [UTC]

ElliotPark

I believe anyone can. Apple/Amazon/Tesla all write bonds.

Public company can issue convertible bonds/debt in order to raise fund through a private placement which will be converted into shares of the company at a later day. This is slightly different from the bonds that are issued by countries, states and municipalities bonds.

Elliot Parker01:20:18 - 12 Dec 2018 [UTC]

Jp1818

Banks/companies/etc can write bonds which are usually pledged with some collateral and interest payments attached

Jimmy01:21:27 - 12 Dec 2018 [UTC]

ElliotPark

Banks/companies/etc can write bonds which are usually pledged with some collateral and interest payments attached

Yes usually for public company it’s collateral by the shares of the company.

Elliot Parker01:22:19 - 12 Dec 2018 [UTC]

Jp1818

Yes usually for public company it’s collateral by the shares of the company.

It can be other things...

Jimmy01:25:48 - 12 Dec 2018 [UTC]

ElliotPark

It can be other things...

I think I know where you are getting at Elliot. In terms of an individual, you want to know whether or not someone can perhaps serve as a lender on Jibrel to lend to a borrower and back by some collateral from the borrower side?

Elliot Parker01:26:25 - 12 Dec 2018 [UTC]

Jp1818

exactly

Elliot Parker01:26:36 - 12 Dec 2018 [UTC]

I would love to be able to use jibrel to write contracts/financial instruments

Jimmy01:27:12 - 12 Dec 2018 [UTC]

ElliotPark

exactly

I think this is indeed possible, this would definitely open up new use-cases to attract a wider audience...

Elliot Parker01:28:30 - 12 Dec 2018 [UTC]

I had a good idea earlier, people could use jibrel to sell options against for example getting cancer, etc

Elliot Parker01:28:41 - 12 Dec 2018 [UTC]

remove a large part of the insurnace industry

Elliot Parker01:28:49 - 12 Dec 2018 [UTC]

write, price and manage your own policies/coverages

Jimmy01:29:39 - 12 Dec 2018 [UTC]

I think all these are possible...

Ala Haddad03:27:49 - 12 Dec 2018 [UTC]

@ElliotPark there is huge potential for disruption in the insurance market using smart contracts, great insight 🙂

Elliot Parker03:29:05 - 12 Dec 2018 [UTC]

arhadd

@ElliotPark there is huge potential for disruption in the insurance market using smart contracts, great insight 🙂

👍

정이

정준 이03:37:52 - 12 Dec 2018 [UTC]

/start@daysandbox_bot

李

李泽昊05:09:32 - 12 Dec 2018 [UTC]

免费教大家用比特儿平台的漏洞bug刷一个BTC，一个号可以撸一次一个BTC，要方法的加我威信3 3 7 0１5 0 4

Deng05:43:18 - 12 Dec 2018 [UTC]

吉布雷尔（加布里埃尔）是一位天使，被上帝派遣给每一位先知，用神圣的话语传达给当时的人民。

MB07:54:28 - 12 Dec 2018 [UTC]

Soooooo, jwallet in select geographies this week, jsukuk details this week or next one, and the very soon answers to community questions

MB07:54:44 - 12 Dec 2018 [UTC]

Sounds good to me

RJ 1087907:57:30 - 12 Dec 2018 [UTC]

Soooooo, jwallet in select geographies this week, jsukuk details this week or next one, and the very soon answers to community questions

Wallet this week?? No way

MB07:58:58 - 12 Dec 2018 [UTC]

RJ999999

Wallet this week?? No way

Literally the first sentenceof the november update friend

RJ 1087907:59:24 - 12 Dec 2018 [UTC]

Literally the first sentenceof the november update friend

I can't read.....

Bird Person08:25:14 - 12 Dec 2018 [UTC]

Soooooo, jwallet in select geographies this week, jsukuk details this week or next one, and the very soon answers to community questions

I'm super excited! I keep checking the website for updates. Looking forward to downloading the android wallet this week.

段

段正存10:12:43 - 12 Dec 2018 [UTC]

contact telegram id: @tian123456有兴趣的联系我的电报 @tian123456

Chico Guapo10:30:38 - 12 Dec 2018 [UTC]

This week is Jcash wallet/

Bk 13 [$JNT]10:35:36 - 12 Dec 2018 [UTC]

chicoguapo1

Jwallet: Android ahead of schedule and will be released in Ireland 🇨🇮 and the UAE 🇦🇪 next week. iOS is on-track for Q1/19

Bk 13 [$JNT]10:35:55 - 12 Dec 2018 [UTC]

In the update...

Chico Guapo10:36:01 - 12 Dec 2018 [UTC]

Bk_1313

Jwallet: Android ahead of schedule and will be released in Ireland 🇨🇮 and the UAE 🇦🇪 next week. iOS is on-track for Q1/19

Why Ireland?

Bk 13 [$JNT]10:36:21 - 12 Dec 2018 [UTC]

Search on google islamic finance Ireland.....

Denis M10:37:21 - 12 Dec 2018 [UTC]

If the wallet is on mobile/app how can it be restricted to select jurisdictions? Do you need to send in info?

Bk 13 [$JNT]10:38:23 - 12 Dec 2018 [UTC]

Theres lot of money (bonds) and unbanked people....

Chico Guapo10:38:27 - 12 Dec 2018 [UTC]

Bk_1313

Search on google islamic finance Ireland.....

Thanks for your assistance

Chico Guapo10:38:29 - 12 Dec 2018 [UTC]

I understand now

Chico Guapo10:38:36 - 12 Dec 2018 [UTC]

Team made a good decision once again!

Bk 13 [$JNT]10:38:59 - 12 Dec 2018 [UTC]

👍

Bk 13 [$JNT]10:39:20 - 12 Dec 2018 [UTC]

chicoguapo1

Team made a good decision once again!

Yeah!

Björn10:40:15 - 12 Dec 2018 [UTC]

Denis, they limit it to specific regional app stores

Denis M10:42:33 - 12 Dec 2018 [UTC]

ReallyCoolGuy95

Denis, they limit it to specific regional app stores

Ah, ok. Anything preventing you from just downloading the apk and using it that way? Other than I suppose some type of "you're not covered in case something does go wrong" type of thing?

Pogues (JNT, SLT, And CHX)10:48:11 - 12 Dec 2018 [UTC]

Wouldnt you be able to utilize a VPN to download the app if you want?

Björn10:50:14 - 12 Dec 2018 [UTC]

Denis M

Ah, ok. Anything preventing you from just downloading the apk and using it that way? Other than I suppose some type of "you're not covered in case something does go wrong" type of thing?

Not sure honestly.

Chasethechaser11:29:07 - 12 Dec 2018 [UTC]

Have we received any specific feedback from institutions on how they view the Jibrel on-chain solvency mechanism?

Chasethechaser11:30:42 - 12 Dec 2018 [UTC]

Obviously as investors we think it's a great opportunity. But I'm wondering what "smart money" thinks. Can anybody shed some light on this? Thanks

Channel_Bot12:37:35 - 12 Dec 2018 [UTC]

🔥电报拉人不分国内国外统一5分🔥

daysandbox_bot12:37:36 - 12 Dec 2018 [UTC]

Removed msg from __玫瑰__. Reason: new user + forwarded

Talal Tabbaa12:38:33 - 12 Dec 2018 [UTC]

chasethechaser

Obviously as investors we think it's a great opportunity. But I'm wondering what "smart money" thinks. Can anybody shed some light on this? Thanks

Sure we’ll share something by tomorrow - working on a brief document with diagrams / example

MB12:40:00 - 12 Dec 2018 [UTC]

ttabbaa

Sure we’ll share something by tomorrow - working on a brief document with diagrams / example

Is it the jsukuk details or it's something different?

Ala Haddad14:03:40 - 12 Dec 2018 [UTC]

Denis M

If the wallet is on mobile/app how can it be restricted to select jurisdictions? Do you need to send in info?

Hey, it's limited to certain regions/app stores (cmq)

Chasethechaser15:12:08 - 12 Dec 2018 [UTC]

ttabbaa

Sure we’ll share something by tomorrow - working on a brief document with diagrams / example

Great, thanks @ttabbaa

HUNTER15:45:05 - 12 Dec 2018 [UTC]

打扰一下。

Chico Guapo16:00:44 - 12 Dec 2018 [UTC]

JNT will do a moon

Chico Guapo16:00:47 - 12 Dec 2018 [UTC]

That I am sure

QuanBot16:31:38 - 12 Dec 2018 [UTC]

What is your preferred social media platform? ▪️ 0% Facebook ▫️ 0% Twitter ▪️ 0% Instagram ▫️ 0% Reddit ▪️ 0% Medium ▫️ 0% LinkedIn 👥 0 - gross votes

Ala Haddad16:34:48 - 12 Dec 2018 [UTC]

Let us know what you guys think! My favorite is Twitter because of how current and diverse my feed is, as well as direct accessibility to people's thoughts in relevant fields 😄

Michel16:58:06 - 12 Dec 2018 [UTC]

Hi has the jnt team seen this ? An any thoughts ?

Mayer16:59:16 - 12 Dec 2018 [UTC]

Michelbakk

Hi has the jnt team seen this ? An any thoughts ?

give the link please.

Michel16:59:45 - 12 Dec 2018 [UTC]

https://gulfnews.com/business/uae-saudi-working-on-a-joint-crypto-currency-1.2140573

Mayer16:59:57 - 12 Dec 2018 [UTC]

Michelbakk

https://gulfnews.com/business/uae-saudi-working-on-a-joint-crypto-currency-1.2140573

thx

wicji17:19:14 - 12 Dec 2018 [UTC]

Michelbakk

https://gulfnews.com/business/uae-saudi-working-on-a-joint-crypto-currency-1.2140573

Wow, now that's good news.

Michel17:20:37 - 12 Dec 2018 [UTC]

Definitely interesting news for crypto in general

Ala Haddad17:22:24 - 12 Dec 2018 [UTC]

Interesting for Jibrel as well; setting the stage for the tokenization of digital assets in the region!

Channel_Bot17:23:31 - 12 Dec 2018 [UTC]

**💢Important information. Today you can sell your tokens 400% more expensive. This price is available on the exchange "IdexEthereum" Hurry up to sell your tokens at a very high price. 🔰Exchange IdexEthereum:** http://clc.la/vvT_zg

Michel17:32:17 - 12 Dec 2018 [UTC]

arhadd

Interesting for Jibrel as well; setting the stage for the tokenization of traditional assets in the region!

Agreed

Ala Haddad19:14:45 - 12 Dec 2018 [UTC]

Hey everyone, here is the follow-up post for the November update and other Telegram questions, please let us know if you have more questions and suggestions! https://www.reddit.com/r/JibrelNetwork/comments/a5l8zf/jibrel_community_november_update_and_telegram/

Tim19:15:55 - 12 Dec 2018 [UTC]

So basically, institutional bonds won't be using JNT backing?

Howard19:20:21 - 12 Dec 2018 [UTC]

so the million dollar bond was created using jibrels products/tech but is not on the jcash network?

Ala Haddad19:20:44 - 12 Dec 2018 [UTC]

Cnumartyr

So basically, institutional bonds won't be using JNT backing?

It depends on the type of bond and assets in hand, as more assets are tokenized (Jibrel's main vision and priority), JNT backing would be necessary in different use cases.

Tim19:22:52 - 12 Dec 2018 [UTC]

arhadd

It depends on the type of bond and assets in hand, as more assets are tokenized (Jibrel's main vision and priority), JNT backing would be necessary in different use cases.

So JNT will be used for solvency when others are holding the tokenized asset versus the issuer? And otherwise you will incentivize the use of JNT as gas on the network but it won't be required? How would gas normally be paid for, with ETH? Would the pilot with the Central Bank of Jordan which would see Jcash used for domestic and retail transfers require JNT solvency? Thanks for the quick answers!

Ala Haddad19:23:35 - 12 Dec 2018 [UTC]

I'll ask for more specifics from the team and get back to you on this (cmq)

Tim19:24:46 - 12 Dec 2018 [UTC]

arhadd

I'll ask for more specifics from the team and get back to you on this (cmq)

Totally understanable. Thank you.

MB19:36:23 - 12 Dec 2018 [UTC]

So the jsukuk will bring no valie to jnt

Howard19:37:11 - 12 Dec 2018 [UTC]

up to now, I believed the 1 million dollar bond was going to be on jcash. Many of us believed it would be and even when we asked when we will see it on the proof of solvency page, the team replied back we will respond in detail later. now the answer to question # 1 is making me rethink "whats going to be on jcash and what isnt" I thought every pilot was going to use jcash thus our tokens would be needed for solvency. as token holders, we want to see the value in JNT rise. I thought pilots completing would lead to this but now we're finding out it wont.

MB19:39:39 - 12 Dec 2018 [UTC]

This is bad news as to my understanding b2b solutions won't add any value to jnt, only b2c

Kishore19:39:49 - 12 Dec 2018 [UTC]

Howard

Jimmy RUssle19:42:08 - 12 Dec 2018 [UTC]

>Only circulating assets are required to be backed by JNT. The JNT solvency requirement is for people holding tokenized assets who are held by a different custodian. In cases which the asset’s custodianship, safe storage and honesty are not in question, there is no reason to provide the liquidity. Going forward, users/institutions will be incentivized to use JNT for transaction fees on the network. I feel like this could mean a lot of different things. I'm getting Jbonds flashbacks.

Tim19:43:35 - 12 Dec 2018 [UTC]

Jimmy RUssle

The way I read it (which is why I was asking for clarification) is that if tokenized items are held by the issuer they don't need to be backed by JNT. They are basically not in circulation.

MB19:45:06 - 12 Dec 2018 [UTC]

Cnumartyr

The way I read it (which is why I was asking for clarification) is that if tokenized items are held by the issuer they don't need to be backed by JNT. They are basically not in circulation.

This is true

Howard19:45:38 - 12 Dec 2018 [UTC]

Cnumartyr

The way I read it (which is why I was asking for clarification) is that if tokenized items are held by the issuer they don't need to be backed by JNT. They are basically not in circulation.

in the case for million dollar sukuk, al hilal issued it but purchased by a private investor

Tim19:46:30 - 12 Dec 2018 [UTC]

Howard

in the case for million dollar sukuk, al hilal issued it but purchased by a private investor

This is why I want to get some clarification as well. Will "trusted" institutions not be required to have solvency? Or is the sukuk somehow not considered in circulation right now?

Howard19:46:41 - 12 Dec 2018 [UTC]

Cnumartyr

This is why I want to get some clarification as well. Will "trusted" institutions not be required to have solvency? Or is the sukuk somehow not considered in circulation right now?

Tim19:47:01 - 12 Dec 2018 [UTC]

I don't remember seeing Bond terms

Tim19:48:09 - 12 Dec 2018 [UTC]

For all we know, the Bond could have been issued and settled as part of the pilot.

MB19:48:55 - 12 Dec 2018 [UTC]

Well this explains the 8 mil market cap with the 1 mil deal

Talal Tabbaa19:49:31 - 12 Dec 2018 [UTC]

Howard19:50:54 - 12 Dec 2018 [UTC]

Jimmy RUssle

so how do we explain this?

Howard19:51:25 - 12 Dec 2018 [UTC]

Talal's message seems like the sukuk will be on jcash and solvency will be needed

Howard19:52:51 - 12 Dec 2018 [UTC]

keywords are "everything will reflect into proof of solvency"

MB19:58:10 - 12 Dec 2018 [UTC]

My question is if any of the b2b projects jibrel is working on right now result in circulating assets which will require jnt backing? Because the Al Hilal deal looks like it will probably never require JNT liquidity @arhadd

Thomas20:00:06 - 12 Dec 2018 [UTC]

I can't help but feel that the team is very undecided about the utility of JNT. The news about the $1 million Hilal bond not being required in the JNT solvency is either something the team had already decided a while ago, in that case why are we only hearing about it now, or it's something that has only recently been decided, which seems quite worrisome for JNT investors. Given the current liquidity issues on the exchanges JNT is traded and the fact that it seems the majority of pilot projects will never require JNT, how does the team put our fears at ease? Except for current whales, no one will be able to profit from any of the Jibrel business development currently going on. Simply using JNT as fees will presumably do very little for the price.

Jimmy20:04:09 - 12 Dec 2018 [UTC]

arhadd

Let us know what you guys think! My favorite is Twitter because of how current and diverse my feed is, as well as direct accessibility to people's thoughts in relevant fields 😄

Twitter is definitely the most widely used social media platform for fintech/Blockchain/crypto

Bk 13 [$JNT]20:05:06 - 12 Dec 2018 [UTC]

Pofflesworth

Kungawo Anikulapo-Kuti20:14:49 - 12 Dec 2018 [UTC]

I am very concerned about this change. I thought the price of JNT will remain stable despite the falling Bitcoin price due to the fact that JNT will be needed to cover the 1M dollar sukuk.

Kungawo Anikulapo-Kuti20:16:05 - 12 Dec 2018 [UTC]

Now it is clear that no JNT is needed at all. JNT solvency was the main reason I bought Jibrel tokens. First the Jbonds thing and that JCash don’t require JNT coverage, then JCash needs JNT coverage but now trusted institutions are not require to provide liquidity?

Kungawo Anikulapo-Kuti20:18:05 - 12 Dec 2018 [UTC]

Really confusing changes again and again, not good :(

Mayer20:19:02 - 12 Dec 2018 [UTC]

very important things. I wonder too

Máté20:20:58 - 12 Dec 2018 [UTC]

They are not undecided, they already see it won't work in the original way promised, but they are afraid to state this openly since so many people were fooled by their original promise. Maybe if you are very lucky you can get out of this at ground zero sometime next year, but more realistically we can consider our investments lost since it is not even really possible to sell at this low liquidity now. But don't worry, the team will probably be alright.. They probably make such contracts with the institutions they are working with that they earn money from facilitating their transactions so they can pay their employees and earn some money for themselves. It's just us token holders that will not see any money, it is pretty clear now with all the empty promises we were given so far. Maybe depending on your country you can try to pursue some legal action on them for the original bait and switch regarding the proof of solvency, which was the main attractor for JNT holders, but for me it seems like my original investment of about a 30000$-s is gone. Sad, but not much can be done about it now.

Thomas20:20:58 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti20:22:33 - 12 Dec 2018 [UTC]

I am shocked honestly

Máté20:23:35 - 12 Dec 2018 [UTC]

Also, this is not a change, they probably knew that what they promised will not work, they just tried to obscure this fact as much as they could, but sooner or later they will have to admit it with developments going forward, and this is what we see now.

Tim20:26:45 - 12 Dec 2018 [UTC]

It's pretty unfortunate that a massive change to tokenomics gets revealed in a Q&A to a fairly mundane update.

Máté20:28:08 - 12 Dec 2018 [UTC]

I agree with your sentiment Máté , but I don't believe the team set out to deceive us from day 1, and that they've been hatching a plan to "defraud us" or something like that. But there certainly have been too many decisions completely overturned, all which seemed to negatively impact the ICO investors. The team might think that the community "doesn't get it" with regards to the usage of JNT, but the reality is that we have simply not been informed enough in that case. People have been asking specific questions for some time but the answers simply do not hold up to the same degree of specificity.

Tim20:29:03 - 12 Dec 2018 [UTC]

Pofflesworth

They have flip flopped on JNT solvency multiple times. This is just the most recent case. Hoping for further clarification from the team.

Tim20:30:21 - 12 Dec 2018 [UTC]

We need to know what the value of our tokens are. As collateral for solvency it made sense. Now it appears we hold a gas token for a network that isn't even aimed at us and doesn't actually REQUIRE the gas token for transactions but is just incentivized.

Thomas20:30:36 - 12 Dec 2018 [UTC]

I also refuse to accept any statements with regards to pilots "under NDA", the usage of JNT in the network was posited as the lifeblood of the whole system, so Jibrel has no excuses when we ask questions about it

Yazan @ Jibrel20:31:14 - 12 Dec 2018 [UTC]

Hi all - I’m sorry to see so much negative sentiment around a single statement in a Q&A. Especially that the full post outlines how we’re approaching Proof of Solvency. Will post answers to the questions / concerns. I'm just catching up with the chat ^ to be as transparent as possible

Yazan @ Jibrel20:31:39 - 12 Dec 2018 [UTC]

For full transparency **Issue 1. Institutions cannot transact using digital / virtual currencies at this time. ** This doesn’t only impact Jibrel, so we don’t view it as too much of a stumbling block. At some point, regulation will open up, and Jibrel as well as other startups will be able to build decentralized applications. This will likely begin happening in 2019, as more institutional activity comes online (e.g. Bakkt). So this isn't a permanent stumbling block.

Bk 13 [$JNT]20:31:41 - 12 Dec 2018 [UTC]

Cnumartyr

Agree

Kungawo Anikulapo-Kuti20:31:42 - 12 Dec 2018 [UTC]

Now everything makes sense. This is why we don’t see any of the promised Jproducts. They rather work with institutions to satisfy their wishes and needs because they get paid by them. Institutions don’t need JWallet for example

Yazan @ Jibrel20:32:58 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

The time sink working with institutions hasn't been that great. We also have separate teams that work on this, and our CTO, Victor leads most of the contract work, so it doesn't impact product teams.

Yazan @ Jibrel20:33:17 - 12 Dec 2018 [UTC]

Also, the Android version is scheduled for tomorrow evening in Ireland and UAE. So the Jwallet is very much a real thing.

Tim20:34:53 - 12 Dec 2018 [UTC]

Yazan15

Also, the Android version is scheduled for tomorrow evening in Ireland and UAE. So the Jwallet is very much a real thing.

I think the core confusion is the single statement in the Q&A directly contradicts what Talal said in this TG that the Jsukuk would be reflected on the solvency page by mid-December. That clearly made everyone expect that the Bond would be backed by JNT. Will trusted sources not need to back their tokenized assets with JNT?

Thomas20:35:13 - 12 Dec 2018 [UTC]

so I guess one of the main questions people want answered is: why did Talal say the $1million transaction will be reflected in the proof of solvency mid december, when the update says that it won't be?

Yazan @ Jibrel20:35:41 - 12 Dec 2018 [UTC]

The Jsukuk will be backed by JNT, but it doesn't need to be, as this is a single non-circulating token.

Yazan @ Jibrel20:36:20 - 12 Dec 2018 [UTC]

The reason Talal probably highlighted that it doesn't need to be is we'll inevitably face scalability issues, and backing things not circulating doesn't make sense.

Tim20:36:37 - 12 Dec 2018 [UTC]

Yazan15

The Jsukuk will be backed by JNT, but it doesn't need to be, as this is a single non-circulating token.

Is this because it's already been settled? Or because most Bonds won't be circulating? I appreciate the transparency btw.

Yazan @ Jibrel20:37:02 - 12 Dec 2018 [UTC]

It's because it was a single private placement / mirrors off-chain activity.

Yazan @ Jibrel20:37:44 - 12 Dec 2018 [UTC]

It's when things are sold in a decentralized format (i.e. need to have a trustless system) do you have JNT locked, because you need to guarantee that your value is safe.

Howard20:37:47 - 12 Dec 2018 [UTC]

Yazan15

It's because it was a single private placement / mirrors off-chain activity.

do you think the other 499 million will on chain?

Yazan @ Jibrel20:38:25 - 12 Dec 2018 [UTC]

We've pitched a similar initiative with 7 other institutions, none of them are comfortable using digital currencies.

Yazan @ Jibrel20:38:35 - 12 Dec 2018 [UTC]

And 6/7 are restricted by their central banks.

Tobi20:38:56 - 12 Dec 2018 [UTC]

Someone told me JNT will not be used for cdr liquidity anymore?

Tobi20:39:03 - 12 Dec 2018 [UTC]

Is this true?

Thomas20:39:03 - 12 Dec 2018 [UTC]

and with regards to current pilot projects, what kind of business are you trying to facilitate with them? Will any of them have circulating tokens?

Yazan @ Jibrel20:39:45 - 12 Dec 2018 [UTC]

We're pushing the Smart Sukuk (Jsukuk) pretty hard. That's what most people are interested in at the moment.

Howard20:40:09 - 12 Dec 2018 [UTC]

Yazan15

We're pushing the Smart Sukuk (Jsukuk) pretty hard. That's what most people are interested in at the moment.

the smart sukuk that is backed by jnt?

Yazan @ Jibrel20:40:29 - 12 Dec 2018 [UTC]

I'd like to clear things up here, once and for all, and anyone with concerns can always DM me and we can chat about them.

Yazan @ Jibrel20:40:50 - 12 Dec 2018 [UTC]

We're in a period where there is so much uncertainty about the direction of the ecosystem, there are people worried about ETH surviving.

MB20:41:15 - 12 Dec 2018 [UTC]

Yazan15

The Jsukuk will be backed by JNT, but it doesn't need to be, as this is a single non-circulating token.

Can you explain this? What do you mean it will be but it doesn't have to?

MB20:41:27 - 12 Dec 2018 [UTC]

You mean it will be circulating?

Yazan @ Jibrel20:41:54 - 12 Dec 2018 [UTC]

As in, we're aiming to use Jcash in the periodic payments, so it will be JNT backed.

Yazan @ Jibrel20:42:02 - 12 Dec 2018 [UTC]

But this doesn't scale at all.

Yazan @ Jibrel20:42:15 - 12 Dec 2018 [UTC]

So there will definitely need to be revisions / redesigns.

Yazan @ Jibrel20:42:30 - 12 Dec 2018 [UTC]

That being said, we will never introduce a system that has a smaller addressable market, or lower value than initially promised.

Yazan @ Jibrel20:43:08 - 12 Dec 2018 [UTC]

I think the most reasonable next step to alleviate the community concerns, is to try and produce a JNT Transparency Update, where we can share all the issues we've faced, the issues we see going forward, and then get community input on how to resolve them.

Tim20:43:27 - 12 Dec 2018 [UTC]

I appreciate you jumping on TG for this Yazan. It does show you care about the community that you dropped what you are doing to address the concerns from the Q&A.

Yazan @ Jibrel20:44:14 - 12 Dec 2018 [UTC]

We're a community funded startup.

Bk 13 [$JNT]20:44:20 - 12 Dec 2018 [UTC]

Cnumartyr

I appreciate you jumping on TG for this Yazan. It does show you care about the community that you dropped what you are doing to address the concerns from the Q&A.

👍👍👍

Thomas20:44:27 - 12 Dec 2018 [UTC]

appreciate you coming on here Yazan and explaining it a bit more, but I can't understand how you didn't expect this reaction? From a statement by Talal saying $1m will be reflected in the proof of solvency by mid december to reading a reddit update that it doesn't necessarily always have to happen this way, that's a pretty big shift?

MB20:45:16 - 12 Dec 2018 [UTC]

My question is if any of the b2b projects jibrel is working on right now will result in circulating assets which will require jnt backing? Because the Al Hilal deal looks like it will probably never require JNT liquidity @arhadd

@yaz can you answer this?

Yazan @ Jibrel20:45:16 - 12 Dec 2018 [UTC]

I think we were a bit careless, since we see the inner workings, so we didn't view it as that much of a shock.

Yazan @ Jibrel20:45:29 - 12 Dec 2018 [UTC]

But I think we need to establish more trust with the community.

Yazan @ Jibrel20:45:41 - 12 Dec 2018 [UTC]

Because I definitely foresee changes to the way our solvency mechanism / backing mechanism works.

Yazan @ Jibrel20:45:56 - 12 Dec 2018 [UTC]

But we're committed to creating a system that delivers any promises / commitments we've made.

Yazan @ Jibrel20:46:25 - 12 Dec 2018 [UTC]

So if in the future, we see solvency doesn't make sense, and we need to make it fee based, then the fees generated in JNT, need to be greater than the original solvency amount, etc.

Yazan @ Jibrel20:46:41 - 12 Dec 2018 [UTC]

We'll always share our thinking on Medium / here, so that these decisions can be made WITH the community.

Tim20:47:37 - 12 Dec 2018 [UTC]

Yazan15

We'll always share our thinking on Medium / here, so that these decisions can be made WITH the community.

My only caution is that you all know far more about finance than 99.9% of us. Crowd sourced voting on how to handle things may not always be the right decision. But that level of transparency and willingness is always appreciated.

Yazan @ Jibrel20:47:57 - 12 Dec 2018 [UTC]

Cnumartyr

Thing is, we can't make these decisions on behalf of the community either.

Yazan @ Jibrel20:48:27 - 12 Dec 2018 [UTC]

For example, we have a decision to make in the next 6 months with regards to solvency. If we don't see uptick in Jcash usage, we need to reconsider a few things.

Kungawo Anikulapo-Kuti20:49:37 - 12 Dec 2018 [UTC]

On your website it is stated that you offer services for banks and financial institutions. You have also said in the past that you mainly want to cooperate with banks and financial institutions. Now you say they cannot transact using digital/virtual currencies at the time and that you had similar initiatives with 7 other institutions and 6/7 of them were restricted by their central banks? But you worked with institutions from countries you thought they are allowed to do that? THAT doesn't make me comfy, but lets me panic

Yazan @ Jibrel20:50:07 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

If you've been following this space, you know how quick regulation has flip-flopped.

Yazan @ Jibrel20:50:24 - 12 Dec 2018 [UTC]

Korea has banned ICOs around 6 times.

Talal Tabbaa20:50:25 - 12 Dec 2018 [UTC]

Jimmy RUssle20:50:25 - 12 Dec 2018 [UTC]

Is this statement true or not?

Yazan @ Jibrel20:50:53 - 12 Dec 2018 [UTC]

The Jsukuk smart contract should already be deployed.

Yazan @ Jibrel20:51:35 - 12 Dec 2018 [UTC]

Now, in ~3 months, we have the first coupon payment. Which will be done in Jcash, which will be backed by JNT.

Yazan @ Jibrel20:51:43 - 12 Dec 2018 [UTC]

But its a neglible amount.

Yazan @ Jibrel20:52:41 - 12 Dec 2018 [UTC]

The options we see going forward: 1. Fully JNT backed (As-is): Scalability issues, enterprise client attraction issues, etc. This may be solved if institutional adoption increases. 2. Hybrid: Not an elegant solution, doesn't seem like a smart idea. 3. Fiat-backed: Solves scalability, but would need to be done in a way that JNT increases in utility, rather than decreases

Sean Lo20:52:55 - 12 Dec 2018 [UTC]

Yazan15

But its a neglible amount.

What about the huge amount by seed? What happened to that? It's been silent for a while.

Sean Lo20:53:14 - 12 Dec 2018 [UTC]

Should we expect something in a few months? Years?

Yazan @ Jibrel20:53:16 - 12 Dec 2018 [UTC]

Unfortunately, they're still very much a business, they're not going to lock-up value they think will decrease.

Yazan @ Jibrel20:53:30 - 12 Dec 2018 [UTC]

I think we'll see more adoption / activity when the market turns back around

Yazan @ Jibrel20:53:54 - 12 Dec 2018 [UTC]

Guys, I just want to say this once for full clarity. I promise you we have token holder interests at the top of our agenda.

Sean Lo20:54:13 - 12 Dec 2018 [UTC]

Ah i see. Good to know. Thanks for the honesty yazan.

Yazan @ Jibrel20:54:22 - 12 Dec 2018 [UTC]

I personally sold tokens to ex-colleagues, friends, family, etc. and put my reputation on the line there.

Yazan @ Jibrel20:54:25 - 12 Dec 2018 [UTC]

Talal did the same.

Yazan @ Jibrel20:54:33 - 12 Dec 2018 [UTC]

Yazan15

I personally sold tokens to ex-colleagues, friends, family, etc. and put my reputation on the line there.

During the ICO / Pre-sale (not my own)

Jimmy RUssle20:54:49 - 12 Dec 2018 [UTC]

Talall's exact words, not even 3 weeks ago, were that everything would relect into proof of solvency..... it doesn't seem to be reflecting from my angle

Howard20:55:42 - 12 Dec 2018 [UTC]

will any of the pilots use jcash and require proof of solvency?

Jimmy RUssle20:56:46 - 12 Dec 2018 [UTC]

His statement seems as straightforward as possible.....

Yazan @ Jibrel20:57:23 - 12 Dec 2018 [UTC]

Howard

will any of the pilots use jcash and require proof of solvency?

This one will (Al Hilal Bank), but as mentioned above, its a 1MN private placement, where the entire payout is ~40K USD (4% or so)

Yazan @ Jibrel20:58:20 - 12 Dec 2018 [UTC]

But we need to figure out how best to scale this going forward.

Yazan @ Jibrel20:59:56 - 12 Dec 2018 [UTC]

It's the same problem we've been struggling with for a while. Build for pure decentralization and burn a bunch of cash until we run out of money (the true crypto way), or try to find a long-term sustainable solution, that works for everyone, especially those who supported us early on

Anthony21:02:00 - 12 Dec 2018 [UTC]

So what do banks do?

Jimmy RUssle21:02:25 - 12 Dec 2018 [UTC]

I, for one, would prefer no interaction at all rather than wildly misleading statemetnts like the one I forwarded above. It seems intentionally misleading to me.

MB21:02:44 - 12 Dec 2018 [UTC]

Jimmy RUssle

I, for one, would prefer no interaction at all rather than wildly misleading statemetnts like the one I forwarded above. It seems intentionally misleading to me.

This

Yazan @ Jibrel21:03:01 - 12 Dec 2018 [UTC]

Sorry you feel that way, we try to be as transparent as possible, but we're still very much a startup, and things change all the time. We should probably try to align better to ensure nothing conflicting gets said

Yazan @ Jibrel21:04:14 - 12 Dec 2018 [UTC]

Does well to remember, YouTube was a dating website, Twitter was a podcasting network, Flickr was and RPG

Yazan @ Jibrel21:04:34 - 12 Dec 2018 [UTC]

Good things still happen when you pivot, but are committed to your stakeholders.

Yazan @ Jibrel21:04:56 - 12 Dec 2018 [UTC]

That's what we can guarantee, our commitment to early backers.

Kungawo Anikulapo-Kuti21:04:57 - 12 Dec 2018 [UTC]

Now I understand why people have always said not to put all eggs in one basket. I did that and invested everything I had in Jibrel tokens because I thought it is a good investment. Nevertheless, thank you for the honest words, even if they do not cheer me up but make me more uncertain. But also the entire market situation is really uncertain and I need to think about what I’m gonna do

Bk 13 [$JNT]21:05:07 - 12 Dec 2018 [UTC]

👌

MB21:05:58 - 12 Dec 2018 [UTC]

We discussed here for two weeks, debating how jnt for backing will be acquired, how much % will be backed on chain, who will provide it and how, and you let us in the dark all this time

Bk 13 [$JNT]21:06:46 - 12 Dec 2018 [UTC]

Yazan15

Good things still happen when you pivot, but are committed to your stakeholders.

👍

Yazan @ Jibrel21:07:49 - 12 Dec 2018 [UTC]

We discussed here for two weeks, debating how jnt for backing will be acquired, how much % will be backed on chain, who will provide it and how, and you let us in the dark all this time

Sorry you feel that way. We will try to get better at clarifying things.

Yazan @ Jibrel21:08:12 - 12 Dec 2018 [UTC]

The reality is things are probably going to change a few times before we have a production ready solution

Yazan @ Jibrel21:08:42 - 12 Dec 2018 [UTC]

Even if JNT was to turn into a payment token instead of utility token, if it has a marketcap similar to binancecoin, I'm sure no one will complain.

Yazan @ Jibrel21:09:07 - 12 Dec 2018 [UTC]

So we need to distinguish the solvency mechanism from what is best for token holders

Yazan @ Jibrel21:09:20 - 12 Dec 2018 [UTC]

Focusing on what is best for token holders and working from there is the right way of thinking.

Yazan @ Jibrel21:09:33 - 12 Dec 2018 [UTC]

Instead of trying to force fit certain things to work, that regulation / clients may not want or allow.

Yazan @ Jibrel21:10:03 - 12 Dec 2018 [UTC]

Again, we'll always try to act in the best interest of early backers.

Yazan @ Jibrel21:10:25 - 12 Dec 2018 [UTC]

If you were around during our pre-sale, you will remember that we paid presale contributors the difference since ETH appreciated by 3X between pre-sale and mainsale.

Jimmy RUssle21:10:32 - 12 Dec 2018 [UTC]

That's like ordering a steak and getting salad because the restaraunt thinks it's better for your health

Yazan @ Jibrel21:10:49 - 12 Dec 2018 [UTC]

That's such a good analogy I'm not even mad.

MB21:11:06 - 12 Dec 2018 [UTC]

Yazan15

That's such a good analogy I'm not even mad.

Is this a joke?

Yazan @ Jibrel21:11:14 - 12 Dec 2018 [UTC]

That being said, what we aim to do, is ask you if you're sure about the steak, given your high cholesterol levels.

Yazan @ Jibrel21:11:23 - 12 Dec 2018 [UTC]

We're always going to get community input in whatever we do.

Yazan @ Jibrel21:11:37 - 12 Dec 2018 [UTC]

As is, we're moving ahead with Proof of Solvency for the Jsukuk, as well as the coupon payments.

Yazan @ Jibrel21:11:57 - 12 Dec 2018 [UTC]

We're just very conscious of the fact that it doesn't scale.

Yazan @ Jibrel21:12:18 - 12 Dec 2018 [UTC]

Is this a joke?

I meant as in the metaphor used is great, not that it fits the current situation.

Thomas21:13:10 - 12 Dec 2018 [UTC]

Personally, I don't doubt your intentions, I might be naïve but I believe that what you're saying is truly what you intend to do, but let's not kid ourselves that if a business opportunity presents itself to Jibrel where JNT is not needed, but it means you get to grow the business immensely, you'd be crazy not to take it. I think the community as a whole thought that the whole token economics was much more embedded into the tapestry of Jibrel, but it is clear now that Jibrel as a business can easily exist without JNT

Yazan @ Jibrel21:13:45 - 12 Dec 2018 [UTC]

Yeah, we'd be crazy not to take it, but we'd also be unethical not to force a JNT benefit.

Jimmy RUssle21:14:02 - 12 Dec 2018 [UTC]

>As is, we're moving ahead with Proof of Solvency for the Jsukuk, as well as the coupon payments. We're just very conscious of the fact that it doesn't scale. It would have been so much better just to say this from the start and say that only a small precentage of the sukuk will be reflected in solvency. People would still be excited about the news but with much lower expectations.

Yazan @ Jibrel21:14:20 - 12 Dec 2018 [UTC]

That makes sense.

Kishore21:15:37 - 12 Dec 2018 [UTC]

Jimmy RUssle

Well said

Kungawo Anikulapo-Kuti21:16:00 - 12 Dec 2018 [UTC]

Yazan15

So we need to distinguish the solvency mechanism from what is best for token holders

In case you change the mechanism: you will never be able to determine what value JNT would have had under the solvency system because the price would have been a result on the market due to demand and a reduced supply. So you can't really promise that changed systems will only be more beneficial to investors, or am I wrong?

Yazan @ Jibrel21:16:33 - 12 Dec 2018 [UTC]

The reality is, if Jcash adoption doesn't happen, even if there is a solvency mechanism, it won't benefit anyone.

Yazan @ Jibrel21:17:11 - 12 Dec 2018 [UTC]

So if Jcash were to be fiat backed, and had very high adoption levels, and all fees / cash-outs happened in JNT (i.e. you would get JNT backing at point of liquidation / rampon/off) then that would be better for token holders.

LIFEWTR21:17:20 - 12 Dec 2018 [UTC]

Pofflesworth

You could make this argument with many public company. They could never give dividends and give huge salaries to their execs instead. Shareholders with split shares where public shareholders have no voting power (ex:fb, snapchat), are essentially holding useless shares that mean nothing at all. Where A shares controlled by the founder had voting control, when B shares sold to the public are essentially worthless. Yet the companies still work to make these B shares worth sometime despite the company legally being able to say fuck you to these Public shareholders as they have voting control still.

Mayer21:18:56 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

In the future, Is it necessary to introduce jbonds to compensate for the limitations of jcash regulation?

Mayer21:19:36 - 12 Dec 2018 [UTC]

Yazan15

The reality is, if Jcash adoption doesn't happen, even if there is a solvency mechanism, it won't benefit anyone.

In the future, Is it necessary to introduce jbonds to compensate for the limitations of jcash regulation?

LIFEWTR21:20:03 - 12 Dec 2018 [UTC]

Pofflesworth

So Facebook can exist without its current public shareholders as they have no voting control etc. because all they sold are essentially goodwill IOUs through things dividends but technically the company can say fu anytime. Please note not all public companies are structured this way if that’s not clear, most company shares give voting power. At this point we have to trust the team is doing what’s best for us.

Yazan @ Jibrel21:23:14 - 12 Dec 2018 [UTC]

postcagen

In near future, Is it necessary to introduce jbonds to compensate for the limitations of jcash regulation?

I don't know if Jbonds is the answer.

MB21:23:40 - 12 Dec 2018 [UTC]

Using jnt for fees is basically like the last thing when you don't see any use for it

Yazan @ Jibrel21:23:54 - 12 Dec 2018 [UTC]

Just like startups experimenting with different ideas. to build as many utility functions for JNT as possible, and whatever sticks and works, scale that as fast as possible.

Yazan @ Jibrel21:24:07 - 12 Dec 2018 [UTC]

But BinanceCoin is top 15, and they're purely a payment token

Yazan @ Jibrel21:24:18 - 12 Dec 2018 [UTC]

OmiseGo is top 30 and they have zero utility whatsoever.

Adrian Toth21:25:43 - 12 Dec 2018 [UTC]

but thats not a good thing

Aljoscha Muh21:26:19 - 12 Dec 2018 [UTC]

Others did it so will we! Marketcap out of thin air! We will make it yeah! You just have to beliiiiieeeeve

MB21:26:40 - 12 Dec 2018 [UTC]

Yazan15

But BinanceCoin is top 15, and they're purely a payment token

Have you seen the volumes on binance? And the buy back and burn programme they have?

Yazan @ Jibrel21:26:50 - 12 Dec 2018 [UTC]

Yup.

Yazan @ Jibrel21:27:10 - 12 Dec 2018 [UTC]

But the point I'm making is that you can become a top 30 token in many different ways.

LIFEWTR21:27:17 - 12 Dec 2018 [UTC]

Using jnt for fees is basically like the last thing when you don't see any use for it

Many things can change in the future. They could become a billion dollar company and have token market cap represent their equity value and do buybacks and burns. You know the team is working to find a solutions. You nagging them doesn’t improve their company as well? If you have some good potential ideas please share

Tim21:27:25 - 12 Dec 2018 [UTC]

Have you seen the volumes on binance? And the buy back and burn programme they have?

Pretty sure that's his adoption argument. Even if the token isn't used for that much if you get lots of adoption it doesn't really matter at that point.

Tim21:27:42 - 12 Dec 2018 [UTC]

So if Proof of Solvency doesn't work, and they have to pivot, it's not the end of the world. But it is a pretty radical change.

Yazan @ Jibrel21:27:44 - 12 Dec 2018 [UTC]

And all we can promise is that we're working hard to: 1. Build products people love 2. Stay true to commitments to early backers

Kungawo Anikulapo-Kuti21:28:04 - 12 Dec 2018 [UTC]

Using jnt for fees is basically like the last thing when you don't see any use for it

And only the liquidity providers would benefit in that case, wouldn’t they? And there are very few of them with 1M JNT. The average JNT holder would not recognize this.

LIFEWTR21:28:28 - 12 Dec 2018 [UTC]

Yazan15

And all we can promise is that we're working hard to: 1. Build products people love 2. Stay true to commitments to early backers

Should definitely not spend too much time on these question everyday and work on your ideas and products instead.

Yazan @ Jibrel21:28:39 - 12 Dec 2018 [UTC]

In the event that we do a fee-based mechanism, we would have to change it so it no longer only benefits liquidity providers.

Tim21:28:48 - 12 Dec 2018 [UTC]

Yazan15

And all we can promise is that we're working hard to: 1. Build products people love 2. Stay true to commitments to early backers

I would just really like to see liquidity pools become available. Even if it's just a single one controlled by Jibrel to allow people with less than 1m JNT to take part in fees as well.

Adrian Toth21:28:58 - 12 Dec 2018 [UTC]

its a bit sad when your only hope is "trusing" a company itll reward you for its early funding, because thats how it usually works in the real world, companies are like friends..

Yazan @ Jibrel21:29:14 - 12 Dec 2018 [UTC]

Cnumartyr

I would just really like to see liquidity pools become available. Even if it's just a single one controlled by Jibrel to allow people with less than 1m JNT to take part in fees as well.

Understood (CMR)

Aljoscha Muh21:29:46 - 12 Dec 2018 [UTC]

we cant sell it anyways..we are fucked, so what does it matter

Tim21:29:49 - 12 Dec 2018 [UTC]

Moregnan

its a bit sad when your only hope is "trusing" a company itll reward you for its early funding, because thats how it usually works in the real world, companies are like friends..

That's literally what early stage investing is though.

Thomas21:29:52 - 12 Dec 2018 [UTC]

can you give any insight into the pilots that are running currently, if in the short term (2019) you believe JNT will be required to conduct the pilots successfully?

Kungawo Anikulapo-Kuti21:30:07 - 12 Dec 2018 [UTC]

Cnumartyr

I would just really like to see liquidity pools become available. Even if it's just a single one controlled by Jibrel to allow people with less than 1m JNT to take part in fees as well.

Or lower the 1M JNT hurdle, then you wouldn’t need pools

Adrian Toth21:30:17 - 12 Dec 2018 [UTC]

without contracts or clear, laid out reward mechanisms?

Thomas21:30:41 - 12 Dec 2018 [UTC]

or are they all dependent on regulations being put in place before JNT can realistically be used for large amounts?

LIFEWTR21:30:51 - 12 Dec 2018 [UTC]

Aljoscha Muh

we cant sell it anyways..we are fucked, so what does it matter

Why don’t you go invest in the stock market

MB21:31:31 - 12 Dec 2018 [UTC]

Will also probably get delisted from kucoin as the final blow

LIFEWTR21:31:36 - 12 Dec 2018 [UTC]

I’m sure the S&p 500 would really care you’re down 30% from s&p500 ATH

Yazan @ Jibrel21:31:48 - 12 Dec 2018 [UTC]

Will also probably get delisted from kucoin as the final blow

On that note, I would recommend people remove their coins from KuCoin.

LIFEWTR21:31:51 - 12 Dec 2018 [UTC]

Will also probably get delisted from kucoin as the final blow

Kucoin is a scammy exchange anyways

Yazan @ Jibrel21:31:59 - 12 Dec 2018 [UTC]

Just as a precaution. I've heard horror stories of peoples tokens getting stuck for 6 months.

Tim21:32:07 - 12 Dec 2018 [UTC]

Will also probably get delisted from kucoin as the final blow

I don't get the concern around this. Kucoin is 5% of the daily JNT volume. It's largely irrelevant.

Yazan @ Jibrel21:32:09 - 12 Dec 2018 [UTC]

Because during delisting KuCoin retains their tokens.

LIFEWTR21:32:14 - 12 Dec 2018 [UTC]

Requesting more money or forcing volume after paying for a listing...

Yazan @ Jibrel21:32:27 - 12 Dec 2018 [UTC]

So please guys, ensure you don't keep tokens on KuCoin in case that happens.

Howard21:32:53 - 12 Dec 2018 [UTC]

some of you being hostile to Yazan who is taking the time to answer our questions are not helping the situation. remember that yazan and talal have the same tokens as we do. they want what we want.

Yazan @ Jibrel21:32:56 - 12 Dec 2018 [UTC]

We're definitely not paying them 300K (25 per month) a year to stay on. So in the event that they delist us please ensure you don't have tokens there.

Yazan @ Jibrel21:33:13 - 12 Dec 2018 [UTC]

Howard

some of you being hostile to Yazan who is taking the time to answer our questions are not helping the situation. remember that yazan and talal have the same tokens as we do. they want what we want.

It's understandable. We don't mind it.

Yazan @ Jibrel21:33:33 - 12 Dec 2018 [UTC]

We want to foster a cohesive community, and that involves being transparent and dealing with any backlash

Jimmy RUssle21:34:04 - 12 Dec 2018 [UTC]

Never underestimate the power of positive thought!

Anthony21:34:09 - 12 Dec 2018 [UTC]

Anthony21:34:35 - 12 Dec 2018 [UTC]

90% of businesses fail right

MB21:34:42 - 12 Dec 2018 [UTC]

Howard

some of you being hostile to Yazan who is taking the time to answer our questions are not helping the situation. remember that yazan and talal have the same tokens as we do. they want what we want.

I entered this quarter with the idea that everything is backed by jnt and major exchange listing are coming, and I finish it by knowing that even jcash might lose backing and kucoin is delisting

Anthony21:34:43 - 12 Dec 2018 [UTC]

Jibrel has the funding to try 10 different things

Anthony21:34:57 - 12 Dec 2018 [UTC]

I'm fine with those odds.

MB21:35:09 - 12 Dec 2018 [UTC]

I'm a little sad to say the least

Jimmy RUssle21:35:34 - 12 Dec 2018 [UTC]

I entered this quarter with the idea that everything is backed by jnt and major exchange listing are coming, and I finish it by knowing that even jcash might lose backing and kucoin is delisting

HEY! You're making the price drop! Desist at once!

Kungawo Anikulapo-Kuti21:36:36 - 12 Dec 2018 [UTC]

Jimmy RUssle

HEY! You're making the price drop! Desist at once!

But his points are valid

Jimmy RUssle21:37:03 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

But his points are valid

My reply

Yazan @ Jibrel21:37:16 - 12 Dec 2018 [UTC]

I'm a little sad to say the least

I'm sorry MB. The way I see it is we have a commitment to the community, to deliver value and benefit. And we have a commitment to our employees, to not go out of business and give them job security.

Jimmy RUssle21:37:20 - 12 Dec 2018 [UTC]

does not relfect my actual feelings. I'm mocking those people

Aljoscha Muh21:37:22 - 12 Dec 2018 [UTC]

we cant sell at this volume..jsut forget about this coin...put it on a wallet, forget about it and hope maybe in a next bullrun we break even and can get out

LIFEWTR21:38:33 - 12 Dec 2018 [UTC]

JackBacon

Jibrel has the funding to try 10 different things

True. If you look at 99% of other projects their execs are flying business class... this team flies economy to save money and that’s why they have the money and time to continue working for the perfect set of products

Yazan @ Jibrel21:38:57 - 12 Dec 2018 [UTC]

I make less than 50% of what I use to make in my last job...

Yazan @ Jibrel21:39:16 - 12 Dec 2018 [UTC]

We're really good at managing our burn-rate.e

LIFEWTR21:39:33 - 12 Dec 2018 [UTC]

I entered this quarter with the idea that everything is backed by jnt and major exchange listing are coming, and I finish it by knowing that even jcash might lose backing and kucoin is delisting

Mind sharing how your other projects that you are invested in are doing? Please tell me about the 100% gains you have made this past quarter

Thomas21:39:46 - 12 Dec 2018 [UTC]

Can you give any insight into the pilots that are running currently, if in the short term (2019) you believe JNT will be required to conduct the pilots successfully? Or are they all dependent on regulations being put in place before JNT can realistically be used?

MB21:40:43 - 12 Dec 2018 [UTC]

LIFEWTR1

Mind sharing how your other projects that you are invested in are doing? Please tell me about the 100% gains you have made this past quarter

I don't mind the price movement of this quarter, I do mind the HUGE change in jnt potential value

MB21:40:51 - 12 Dec 2018 [UTC]

Of this quarter

Yazan @ Jibrel21:40:54 - 12 Dec 2018 [UTC]

Pofflesworth

I think regulation would need to be put in place, but it can be done without regulation if Jibrel builds necessary infrastructure to do the JNT mechanicsm in the background (i.e. the institution doesn't know or need to even know JNT is being used)

Thomas21:41:37 - 12 Dec 2018 [UTC]

MB21:41:51 - 12 Dec 2018 [UTC]

LIFEWTR1

Mind sharing how your other projects that you are invested in are doing? Please tell me about the 100% gains you have made this past quarter

Also I'm not invested in other projects since I'm all in jnt

LIFEWTR21:42:14 - 12 Dec 2018 [UTC]

Also I'm not invested in other projects since I'm all in jnt

Never taken a personal finance classes huh

MB21:42:17 - 12 Dec 2018 [UTC]

Great choice i know

Jimmy RUssle21:42:30 - 12 Dec 2018 [UTC]

Literally nobody here is concerned about short term price action

LIFEWTR21:42:41 - 12 Dec 2018 [UTC]

If you ever worked at a startup you would understand stuff change ALL the time

Anthony21:42:51 - 12 Dec 2018 [UTC]

I'm wondering though... If banks dont need jnt because they all trust each other, then what could we do with original vision of jCash?

LIFEWTR21:43:07 - 12 Dec 2018 [UTC]

Invested in the team too, understand they want what’s best for you

Anthony21:43:47 - 12 Dec 2018 [UTC]

Wildcat banks that can take deposits in fiat and use it to buy JNT for jcash so to facilitate xfers?

Anthony21:43:59 - 12 Dec 2018 [UTC]

Between other wildcat banks?

MB21:44:37 - 12 Dec 2018 [UTC]

LIFEWTR1

Invested in the team too, understand they want what’s best for you

What's with the shilling? Do you really think all they have to make money is jnt like us? They could abandon jnt and still be a success business

Yazan @ Jibrel21:44:40 - 12 Dec 2018 [UTC]

JackBacon

I'm wondering though... If banks dont need jnt because they all trust each other, then what could we do with original vision of jCash?

You make all fees for using the platform require JNT and make it the gas of the network

Yazan @ Jibrel21:45:33 - 12 Dec 2018 [UTC]

So that's a possibility as well.

LIFEWTR21:46:31 - 12 Dec 2018 [UTC]

What's with the shilling? Do you really think all they have to make money is jnt like us? They could abandon jnt and still be a success business

Facebook could abandon their series B shares and give all the money to executives?

Tarek21:46:46 - 12 Dec 2018 [UTC]

Guys - I understand you invested your hard earned money. The team invested their career path, years of their time and a LOT of potential income in those years to build a startup on this infant of a tech called blockchain. Let's keep a positive attitude when communicating with the team and believe that JNT value is among their top priorities.. in whatever form that happens

Tarek21:47:09 - 12 Dec 2018 [UTC]

Thanks for the support Tarek

LIFEWTR21:47:16 - 12 Dec 2018 [UTC]

What's with the shilling? Do you really think all they have to make money is jnt like us? They could abandon jnt and still be a success business

if that was their plan could have taken the $45m and paid themselves better already

Jimmy RUssle21:47:33 - 12 Dec 2018 [UTC]

I don't feel like anyone is being disrespectful here

Sean Lo21:47:37 - 12 Dec 2018 [UTC]

Yazan, if JNT becomes fee only utility, what will $250 mil from SEED be used for?

Sean Lo21:48:33 - 12 Dec 2018 [UTC]

From my perspective, the only information of value released is the significant investment from SEED. Sukuk is a drop in the bucket compared to SEED's investment.

Adrian Toth21:49:08 - 12 Dec 2018 [UTC]

Mr. Yazan, I dont feel so good...

Howard21:49:10 - 12 Dec 2018 [UTC]

Sean Lo

From my perspective, the only information of value released is the significant investment from SEED. Sukuk is a drop in the bucket compared to SEED's investment.

seeds money is for liquidity

Yazan @ Jibrel21:50:00 - 12 Dec 2018 [UTC]

Sean Lo

Yazan, if JNT becomes fee only utility, what will $250 mil from SEED be used for?

SEED's 250MN is a portfolio for assets, so what we would do there is incentivize them to tokenize. Provide an offering on-chain, and try to maximize number of transactions

Yazan @ Jibrel21:50:15 - 12 Dec 2018 [UTC]

Moregnan

Mr. Yazan, I dont feel so good...

Sorry you feel that way.

Sean Lo21:50:20 - 12 Dec 2018 [UTC]

Tokenisation without solvency? Am i understanding this correctly?

Yazan @ Jibrel21:50:35 - 12 Dec 2018 [UTC]

That is if JNT becomes a fee only utility.

MB21:51:04 - 12 Dec 2018 [UTC]

😂

Sean Lo21:51:15 - 12 Dec 2018 [UTC]

Right, so if they "tokenize", what does SEED gain? This is not clear to me.

Sean Lo21:51:29 - 12 Dec 2018 [UTC]

since there is no solvency involved

Yazan @ Jibrel21:51:39 - 12 Dec 2018 [UTC]

Increased market reach / ability to do fractional ownership / overall increase in valuation of assets (more demand)

Yazan @ Jibrel21:52:14 - 12 Dec 2018 [UTC]

On the Jsukuk, for bond issuers, they usually put up sizable collateral with the clearing house (e.g. Euroclear), so we would effectively mandate the same requirement, in JNT.

Yazan @ Jibrel21:52:34 - 12 Dec 2018 [UTC]

So there are really quite a few ways to reach the JNT targets that were mapped out using Proof of Solvency

Sean Lo21:52:37 - 12 Dec 2018 [UTC]

Ahh i see, so the collateral is in JNT

Sean Lo21:52:50 - 12 Dec 2018 [UTC]

which was 4%?

Yazan @ Jibrel21:53:01 - 12 Dec 2018 [UTC]

Sean Lo

Ahh i see, so the collateral is in JNT

In addition, if regulation gets a bit better, you could make sure the Jcash ramp happens in JNT.

Yazan @ Jibrel21:53:12 - 12 Dec 2018 [UTC]

So anyone existing Jcash goes JUSD > JNT > Fiat

Yazan @ Jibrel21:53:34 - 12 Dec 2018 [UTC]

Honestly, there are so many ways to deliver the same overall value.

Yazan @ Jibrel21:53:57 - 12 Dec 2018 [UTC]

But these decision points are a few months out for us. As of today, we're still doing Proof of Solvency.

Sean Lo21:54:03 - 12 Dec 2018 [UTC]

Hmm yeah, i highly recommend doing a writeup yazan. These kinds of core changes needs to be articulated clearly with examples.

Sean Lo21:54:09 - 12 Dec 2018 [UTC]

Yazan @ Jibrel21:54:16 - 12 Dec 2018 [UTC]

And all our focus over the next 2 months is Jwallet Android / iOS

Yazan @ Jibrel21:54:39 - 12 Dec 2018 [UTC]

And if you're based out of Ireland or the UAE, and use an Android device, keep a look out on the Play Store for the Jwallet tomorrow evening!

Yazan @ Jibrel21:54:59 - 12 Dec 2018 [UTC]

Sean Lo

Hmm yeah, i highly recommend doing a writeup yazan. These kinds of core changes needs to be articulated clearly with examples.

Completely agree.

MB21:55:38 - 12 Dec 2018 [UTC]

Turns out Hans was ahead of this lol

MB21:55:42 - 12 Dec 2018 [UTC]

That guy

saber21:55:51 - 12 Dec 2018 [UTC]

Yazan, isn't the remittance industry a part of your original vision? Do you still have plans to pursue this business?

Kungawo Anikulapo-Kuti21:56:01 - 12 Dec 2018 [UTC]

Moregnan

Mr. Yazan, I dont feel so good...

I understand you, I feel the same way. I've always laughed at people who lost their money at ICOs and never thought it would happen to me. I really see my investment in danger. I always try to be positive, but it's very difficult at the moment.

Yazan @ Jibrel21:56:18 - 12 Dec 2018 [UTC]

saber

Yazan, isn't the remittance industry a part of your original vision? Do you still have plans to pursue this business?

Definitely, its a 600BN dollar industry, with 120BN originating from 7 Middle Eastern countries.

Yazan @ Jibrel21:56:55 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

I hope when you play around with the Jwallet you'll see that we're busy building.

saber21:57:55 - 12 Dec 2018 [UTC]

Remittance can generate a lot of fees

MB21:59:03 - 12 Dec 2018 [UTC]

Yazan15

Definitely, its a 600BN dollar industry, with 120BN originating from 7 Middle Eastern countries.

With a grand total of 0 value addded to jnt* lol i was so hyped about jibrel and the oportunity that proof of solvency was I was staying up nights to be the first to catch updates while slowly moving my funds to jnt and the vision of the future that it had

MB21:59:25 - 12 Dec 2018 [UTC]

Now we get a fee coin

MB22:00:15 - 12 Dec 2018 [UTC]

I'm sure the community agrees there's no way a fee coin would ever become what jnt was supposed to be

Howard22:00:42 - 12 Dec 2018 [UTC]

i'll take anything at this point

Howard22:01:02 - 12 Dec 2018 [UTC]

anything is better than jnt=zero

Brian Barbuscia22:01:39 - 12 Dec 2018 [UTC]

Yazan15

I hope when you play around with the Jwallet you'll see that we're busy building.

That is clear, but for who's benefit? It seems that every change that come down the pipeline further pushes the jnt token away from the real value being created. Not requiring the sukuk to be jnt backed and more disturbingly ANY future client of undoubted legitimacy is a huge mistake.

Yazan @ Jibrel22:01:39 - 12 Dec 2018 [UTC]

Guys, I don't think the ecosystem is going to look like this for much longer. I think regulation will come up to speed, institutions will learn more about the technology and the benefits.

Adrian Toth22:01:57 - 12 Dec 2018 [UTC]

I just need a rock

Adrian Toth22:02:00 - 12 Dec 2018 [UTC]

a big ass rock

Sean Lo22:02:10 - 12 Dec 2018 [UTC]

Yazan, how is settling a collateral like you mentioned in JNT more efficient than a traditional mechanism? Can you elaborate this slowly so we can understand the business model?

Adrian Toth22:02:21 - 12 Dec 2018 [UTC]

or maybe something like a cinder block

Yazan @ Jibrel22:02:51 - 12 Dec 2018 [UTC]

Right now, at least in the Middle East, they sometimes use Euroclear to settle bonds.

Yazan @ Jibrel22:03:06 - 12 Dec 2018 [UTC]

That involves placing a large collateral with Euroclear to act as the intermediary.

Adrian Toth22:03:12 - 12 Dec 2018 [UTC]

or rope, some quality rope, made for a man whos devoid of hope

Yazan @ Jibrel22:03:28 - 12 Dec 2018 [UTC]

And at the same time, it is operationally not great. So the work week in the UAE is Sunday - Thursday, in Europe, its Monday-Friday.

Yazan @ Jibrel22:04:08 - 12 Dec 2018 [UTC]

So if we provide a suitable alternative, and have the collateral in JNT, we are effectively substituting Euroclear, while also increases the utility of JNT.

Jimmy RUssle22:04:37 - 12 Dec 2018 [UTC]

What's the timeline on the canvas tote bags?

Sean Lo22:04:55 - 12 Dec 2018 [UTC]

How is JNT more suitable? IE: Faster and cheaper?

Yazan @ Jibrel22:05:51 - 12 Dec 2018 [UTC]

Faster, cheaper, better for secondary markets

Yazan @ Jibrel22:06:08 - 12 Dec 2018 [UTC]

(reselling the bond is automatically tracked, and the coupon payments automatically go to the correct person)

Yazan @ Jibrel22:06:13 - 12 Dec 2018 [UTC]

self-settling & clearing bonds

Sean Lo22:06:29 - 12 Dec 2018 [UTC]

I see a list of fees on euroclear's website.. monthly fees.

Sean Lo22:06:30 - 12 Dec 2018 [UTC]

https://www.euroclear.com/dam/ESw/Prisinformation/Participant-List-of-fees-and-charges-2018.pdf

Sean Lo22:07:07 - 12 Dec 2018 [UTC]

So JNT is a one time fee, which is cheaper, faster and better. Ok... That can work.

Sean Lo22:07:29 - 12 Dec 2018 [UTC]

And the plan is to automate this process? I'm assuming the transaction you executed with jsukuk was manual.

Yazan @ Jibrel22:08:32 - 12 Dec 2018 [UTC]

The initial deployment of the Jsukuk contract was pretty manual

Yazan @ Jibrel22:08:42 - 12 Dec 2018 [UTC]

but the coupon payments are programmed in

Sean Lo22:11:37 - 12 Dec 2018 [UTC]

Okies. It looks like they are also exploring cryptos on their website. Is it fair to say that they would be a traditional financial institution you would be looking to overcome?

Sean Lo22:11:42 - 12 Dec 2018 [UTC]

https://www.euroclear.com/content/dam/euroclear/news%20&%20insights/Format/PDFs/2018/2018-10_ISSA_report_Infrastructure_for_Crypto-Assets-LR.pdf

Yazan @ Jibrel22:12:47 - 12 Dec 2018 [UTC]

Not really, because we're focusing on the Middle East.

Yazan @ Jibrel22:12:57 - 12 Dec 2018 [UTC]

Who use Euroclear out of necessity, not preference

Yazan @ Jibrel22:13:10 - 12 Dec 2018 [UTC]

Also, since I have everyones attention, guys please sign-up for Jcash!! and try it ot

Yazan @ Jibrel22:13:18 - 12 Dec 2018 [UTC]

https://jcash.network/

Elliot Parker22:17:53 - 12 Dec 2018 [UTC]

Yazan15

That involves placing a large collateral with Euroclear to act as the intermediary.

interesting

Sean Lo22:25:30 - 12 Dec 2018 [UTC]

There's a clear Ripple vs swift message. Marketing wise, personally i think it'll be good to show a clear message which traditional institution you'll be seeking to overcome. Your business model became clearer when you presented Euroclear as one of the traditional institution which Jibrel could potentially replace in the middle east. :)

Sean Lo22:27:45 - 12 Dec 2018 [UTC]

Thanks for your time and your answers Yazan. Ok, i need to work. :) See ya all later.

Tim22:31:19 - 12 Dec 2018 [UTC]

Yazan15

Also, since I have everyones attention, guys please sign-up for Jcash!! and try it out

Has JNT ever or would JNT ever consider converting to an STO and allowing holders to hold equity of Jibrel AG vs holding a token that seems to shift value propositions? I'd feel far more confident backing JNT if I held shares of the company. But obviously that's crypto.

Wiingy22:32:07 - 12 Dec 2018 [UTC]

Yazan15

So if we provide a suitable alternative, and have the collateral in JNT, we are effectively substituting Euroclear, while also increases the utility of JNT.

This would be great utility for JNT

MB22:33:32 - 12 Dec 2018 [UTC]

I believe that the solution to remove jnt is the correct solution for Jibrel the company as the system has it's flaws. I also believe that Jibrel the company will have a ton of benefit from letting go of jnt solvency. But we, my friends, are in the position where we need to hope they'll actually care a little bit about us and find a place to put jnt to simulate some value

MB22:34:05 - 12 Dec 2018 [UTC]

This is the worst outcome for us

MB22:34:55 - 12 Dec 2018 [UTC]

All the bank deals, SEED money it's not for us

Yazan @ Jibrel22:35:15 - 12 Dec 2018 [UTC]

This is the worst outcome for us

We will work with the community to find a solution we can all agree on.

Yazan @ Jibrel22:35:41 - 12 Dec 2018 [UTC]

I'm pretty sure that if we found a killer utility use-case and aggressively went after it and achieved it, everyone would be happy, with or without a solvency mechanism

Yazan @ Jibrel22:36:05 - 12 Dec 2018 [UTC]

I know its hard to believe because there have been so many bad actors, but we're working night/day and we have the community wellbeing as a top priority as well

Yazan @ Jibrel22:36:29 - 12 Dec 2018 [UTC]

That being said, need to jump back on to work. Feel free to DM me with any questions and I'll answer them as soon as possible.

Mando D22:37:04 - 12 Dec 2018 [UTC]

Loss for words

Talal Tabbaa22:40:03 - 12 Dec 2018 [UTC]

MB22:40:37 - 12 Dec 2018 [UTC]

2 weeks later, you guys will have to believe we will find something for it lol

MB22:44:57 - 12 Dec 2018 [UTC]

Guess the next time people ask why I chose to invest in jnt, I'll have to say: It doesn't have any use, I don't know

MB22:45:14 - 12 Dec 2018 [UTC]

Maybe it will

MB22:45:15 - 12 Dec 2018 [UTC]

That's what you're asking

Yazan @ Jibrel22:47:33 - 12 Dec 2018 [UTC]

We're still aiming to disrupt massive industries, using JNT as a utility token. Islamic Finance - one of the fastest growing industries in the world Remittances - 22% of which originate in 6-7 countries we have experience working in

Yazan @ Jibrel22:47:52 - 12 Dec 2018 [UTC]

And when our B2C products come online, JNT utility will gradually get baked in as well.

Elliot Parker22:47:53 - 12 Dec 2018 [UTC]

Yazan15

👍

Kungawo Anikulapo-Kuti23:14:25 - 12 Dec 2018 [UTC]

It has always been the same. First promise something and then delay and excuse. But I didn't want to admit it until now. Probably because I didn't want to admit that I was wrong about Jibrel and my investment was far too risky. New exchanges and JCash were promised directly after ICO. I have always been blinded by the updates and thought that it won't be long before something functional is demonstrated. Even when it came out that JCash should no longer be covered by JNT, I kept my JNT. And after the Chinese Community Update, I was still very confident that we would be listed on exchanges by the end of the year, that products would be rolled out and that we would see marketing efforts. But I don't believe in it anymore and probably we will hear excuses again why the promises could not be kept. I only bought in ICO because it was said we’ll be listed on large exchanges and I thought I could sell with a x5 profit, now a year later I’m still here with a x5 loss and I don’t know why. Or actually I do, because I always listened to those updates and thought things can’t get any worse. Right now I don't have many options other than to hope the team delivers

🚫G

🚫miSe go23:16:24 - 12 Dec 2018 [UTC]

Yazan15

And when our B2C products come online, JNT utility will gradually get baked in as well.

Regarding scale issue, i d like to suggest jibrel could consider shift to polkadot as a option to be a parachain on that polkadot relay chain.

Gucci23:16:51 - 12 Dec 2018 [UTC]

where is my money talal?

Marek23:16:53 - 12 Dec 2018 [UTC]

I am an early investor and so disappointed now...down by a lot but the worst thing is I own a big amount that I can't even sell for whatever it's worth.. of course it was a gamble As with the most crypto project's but I am sure as hell that I invested in project that supposed to work differently

Jimmy RUssle23:20:08 - 12 Dec 2018 [UTC]

If solvency doesn't work, it just doesn't work. At least they're let us know that it's impossible rather than exit scamming.

Mark23:21:19 - 12 Dec 2018 [UTC]

Good luck guys I hope there will be promised listing on a big exchange so there will be at least some liquidity to sell but I very much doubt about that now

Mark23:22:15 - 12 Dec 2018 [UTC]

Jimmy RUssle

If solvency doesn't work, it just doesn't work. At least they're let us know that it's impossible rather than exit scamming.

Did you invest in a gas token? Because I am sure that I didn't

Kungawo Anikulapo-Kuti23:23:45 - 12 Dec 2018 [UTC]

I am beating myself for not listening to a friend who cashed out when JNT was around 0.2 dollar. Thought everything under the ICO price was a bargain and bought even more..now I’m doubly punished

Mayer23:25:12 - 12 Dec 2018 [UTC]

Guys relax, Cyptocurrency market still bearish. This is not only problem with jnt.

Jimmy RUssle23:25:19 - 12 Dec 2018 [UTC]

I didn't invesst at all. I gambled on a whitepaper. It looks like the ideas in the whitepaper wouldn't work in reality. Life goes on.

Mayer23:26:06 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

I am beating myself for not listening to a friend who cashed out when JNT was around 0.2 dollar. Thought everything under the ICO price was a bargain and bought even more..now I’m doubly punished

Most altcoins are below ico prices.

Kungawo Anikulapo-Kuti23:27:31 - 12 Dec 2018 [UTC]

Yes, but that doesn't alter the fact that I should have sold back then

RJ 1087923:28:04 - 12 Dec 2018 [UTC]

postcagen

Most altcoins are below ico prices.

Face it mane. This is the beginning of the end for many projects. jnt will be in the funeral pyre.

RJ 1087923:28:18 - 12 Dec 2018 [UTC]

They should offer token holders equity

RJ 1087923:28:44 - 12 Dec 2018 [UTC]

Convert to shares and try to become a small online Islamic Bank

Jimmy RUssle23:28:55 - 12 Dec 2018 [UTC]

Cousin richie, I think that is impossible.

RJ 1087923:28:58 - 12 Dec 2018 [UTC]

And grow from there

Kungawo Anikulapo-Kuti23:29:11 - 12 Dec 2018 [UTC]

Because now we have completely different market conditions and a completely different product

Jimmy RUssle23:31:11 - 12 Dec 2018 [UTC]

If you bought in with ETH at ICO prices you almost lost nothing

Kungawo Anikulapo-Kuti23:32:19 - 12 Dec 2018 [UTC]

I bought ETH with fiat currency to participate in the token sale

Kungawo Anikulapo-Kuti23:32:56 - 12 Dec 2018 [UTC]

Never had crypto currencies before

Kungawo Anikulapo-Kuti23:33:12 - 12 Dec 2018 [UTC]

Not a good decision

Jimmy RUssle23:33:20 - 12 Dec 2018 [UTC]

well you have almost the same amount of ETh!

Jimmy RUssle23:33:34 - 12 Dec 2018 [UTC]

just not real money, but money isn't everything!

RJ 1087923:36:38 - 12 Dec 2018 [UTC]

Jimmy RUssle

well you have almost the same amount of ETh!

Hahahahaha

Kungawo Anikulapo-Kuti23:41:29 - 12 Dec 2018 [UTC]

Jimmy RUssle

just not real money, but money isn't everything!

I know that and I thank God that my family and I are healthy and that we are better off than other families in our country. But I still need money to feed my family.

Jimmy RUssle23:43:37 - 12 Dec 2018 [UTC]

Kungawo Anikulapo-Kuti

I know that and I thank God that my family and I are healthy and that we are better off than other families in our country. But I still need money to feed my family.

Yes I know my wife is leaving me because of my poor investments. But I have almost as many wives as before! My suffering is real. JUST

wicji23:45:55 - 12 Dec 2018 [UTC]

Now that little update today was quite a bummer. ...

Pops23:46:21 - 12 Dec 2018 [UTC]

wicji

Now that little update today was quite a bummer. ...

Yup, merry Christmas everyone.

Mando D23:48:59 - 12 Dec 2018 [UTC]

And a happy new year

Chuck Spinelli23:49:43 - 12 Dec 2018 [UTC]

Wow

Chuck Spinelli23:49:53 - 12 Dec 2018 [UTC]

No usecase for jnt.

Mahid23:49:56 - 12 Dec 2018 [UTC]

Oof reading this channel today was a bad idea

Chuck Spinelli23:50:01 - 12 Dec 2018 [UTC]

Great way to end 2018

Mahid23:50:27 - 12 Dec 2018 [UTC]

JNT is useless lmao, "sorry you feel that way" from the core team

Mahid23:50:57 - 12 Dec 2018 [UTC]

Everything Yazan said sounds like PR drone talk

Mahid23:51:40 - 12 Dec 2018 [UTC]

"Sorry you feel that way. Of course we will consider community input."

Mahid23:52:18 - 12 Dec 2018 [UTC]

Thanks for the great ICO and funding our business with your money, merry Christmas and this Telegram has no reason to exist 🙄

Jimmy RUssle23:52:36 - 12 Dec 2018 [UTC]

If solvency is impossible what do you expect him to do? I think he handled the situation with grace and aplomb

wicji23:53:01 - 12 Dec 2018 [UTC]

Glad they finally came out with it anyway. Seen smth like that coming for a long time tbh. Didn't trust my gut feeling to sell at a huge loss though, unfortunately.

Chuck Spinelli23:53:30 - 12 Dec 2018 [UTC]

Wow

Mahid23:53:58 - 12 Dec 2018 [UTC]

And they kept it in the dark despite the INCREASED TRANSPARENCY

Chuck Spinelli23:54:06 - 12 Dec 2018 [UTC]

I hope they are using some of our collective millions for 24/7 security teams

RJ 1087923:54:14 - 12 Dec 2018 [UTC]

Mahid

Everything Yazan said sounds like PR drone talk

TG will be nothing but PR drone talk for months and months

Mahid23:54:20 - 12 Dec 2018 [UTC]

iNcREaSEd tRaNsPArENcY

RJ 1087923:54:34 - 12 Dec 2018 [UTC]

As small project after small project dies

RJ 1087923:54:57 - 12 Dec 2018 [UTC]

Groups will dry up and trading volumes woll diminish

Mahid23:55:18 - 12 Dec 2018 [UTC]

RIP crypto

Mahid23:55:25 - 12 Dec 2018 [UTC]

Had high hopes for JNT at least

Jimmy RUssle23:55:33 - 12 Dec 2018 [UTC]

They have enough cash to keep this project arounhd for ever. If BTC goes on another bullrun in a few years this will moon even without solvency

Mahid23:56:01 - 12 Dec 2018 [UTC]

Not if JNT is useless

Mahid23:56:05 - 12 Dec 2018 [UTC]

Their business will moon

Mahid23:56:11 - 12 Dec 2018 [UTC]

The rest of us will stay firmly grounded.

Jimmy RUssle23:56:14 - 12 Dec 2018 [UTC]

evn the token

Jimmy RUssle23:56:17 - 12 Dec 2018 [UTC]

look at verge

Jimmy RUssle23:56:20 - 12 Dec 2018 [UTC]

or dogecoin

Mahid23:56:25 - 12 Dec 2018 [UTC]

Verge is a joke

Jimmy RUssle23:56:32 - 12 Dec 2018 [UTC]

it mooned tho

RJ 1087923:56:32 - 12 Dec 2018 [UTC]

Jimmy RUssle

They have enough cash to keep this project arounhd for ever. If BTC goes on another bullrun in a few years this will moon even without solvency

Who will trade a useless token?

Jimmy RUssle23:56:43 - 12 Dec 2018 [UTC]

people who bought vechain

Jimmy RUssle23:56:48 - 12 Dec 2018 [UTC]

or MOG

Chuck Spinelli23:56:50 - 12 Dec 2018 [UTC]

Why would anyone use jnt if there no usecase

Mahid23:56:56 - 12 Dec 2018 [UTC]

Ok so you're resting your hopes in the fact that

Mahid23:57:03 - 12 Dec 2018 [UTC]

OTHER COINS ARE SHIT AND SEE VOLUME

Chuck Spinelli23:57:04 - 12 Dec 2018 [UTC]

Im sure they knew this months ago

Jimmy RUssle23:57:06 - 12 Dec 2018 [UTC]

actually my comment hada second part

Mahid23:57:07 - 12 Dec 2018 [UTC]

THIS SHITCOIN CAN TOO

Mahid23:57:09 - 12 Dec 2018 [UTC]

Mahid23:57:21 - 12 Dec 2018 [UTC]

Cuz that's dumb as hell

Mahid23:57:36 - 12 Dec 2018 [UTC]

How about just not being a shitcoin

Jimmy RUssle23:57:57 - 12 Dec 2018 [UTC]

...... but the opportunity cost of holding JNT are very high if the token is not used to provide solvency and lacks a real vision of what it actually provides

Chuck Spinelli23:58:59 - 12 Dec 2018 [UTC]

The whole white paper is basically void

Mahid23:59:35 - 12 Dec 2018 [UTC]

The first letter of the whitepaper still isn't even capitalized

Mahid23:59:39 - 12 Dec 2018 [UTC]

Smh

Mahid00:00:41 - 13 Dec 2018 [UTC]

"Going forward, users/institutions will be incentivized to use JNT for transaction fees on the network."

wicji00:00:57 - 13 Dec 2018 [UTC]

I am out for good... Will keep my goddam bags of jnt... But this project is not worth my precious time any longer... It was my honor sailing this sinking ship with you guys. See you next bullrun in a similarly stupid moneypit-project to slowly burn my bitcoins in.

RJ 1087900:01:29 - 13 Dec 2018 [UTC]

EQUITY CONVERSION @ttabbaa

Jimmy RUssle00:01:40 - 13 Dec 2018 [UTC]

wicji

If you bought at ICO you still have 90% of your BTC lol

RJ 1087900:01:40 - 13 Dec 2018 [UTC]

EQUITY CONVERSION @ttabbaa

Mahid00:02:42 - 13 Dec 2018 [UTC]

Mahid

"Going forward, users/institutions will be incentivized to use JNT for transaction fees on the network."

Statement later voided by Yazan "Wait Lmao Actually I'm Not Sure We're Using JNT at All But Thanks For the Community Input" Barghuti

Mahid00:02:56 - 13 Dec 2018 [UTC]

So transparency just means lying to us on regular intervals now

Jimmy RUssle00:04:11 - 13 Dec 2018 [UTC]

Maybe it's time to consider a hard-fork for a fully backed token

Pokoye Dumbaye00:04:17 - 13 Dec 2018 [UTC]

Yazan15

We're always going to get community input in whatever we do.

So far the community hasn't had much decision as to where Jibrel as a company will be headed. We are kept in the dark in a lot of decisions. The transparency is only after the fact. Could a DAO type system be implemented so the community has a say in which direction it wants the token to go to?

Mahid00:04:51 - 13 Dec 2018 [UTC]

Pokoye Dumbaye

They're always going to get community input

Mahid00:04:56 - 13 Dec 2018 [UTC]

So they can ignore it promptly

Jimmy RUssle00:05:35 - 13 Dec 2018 [UTC]

If solvency just doesn't work what do you want them to do?

Mahid00:05:48 - 13 Dec 2018 [UTC]

Not lie to us in the first place

Jimmy RUssle00:06:15 - 13 Dec 2018 [UTC]

compelling point

Jimmy RUssle00:06:46 - 13 Dec 2018 [UTC]

I'd like to think they were working on a solution, but it's becoming clear that the original vision just isn't feasbile

Paul00:07:00 - 13 Dec 2018 [UTC]

very disappointed

Mahid00:07:40 - 13 Dec 2018 [UTC]

Yeah

Mahid00:07:58 - 13 Dec 2018 [UTC]

It's hard to know in this space which projects you should be putting any money into at all in the first place

Paul00:08:08 - 13 Dec 2018 [UTC]

Nobody will believe Jibrel team.

Mahid00:08:12 - 13 Dec 2018 [UTC]

Well guess I chose wrong

Paul00:08:31 - 13 Dec 2018 [UTC]

They always change their words.

Mahid00:09:03 - 13 Dec 2018 [UTC]

Yeah "transparency" is a lie

Mahid00:09:19 - 13 Dec 2018 [UTC]

Mahid

"Going forward, users/institutions will be incentivized to use JNT for transaction fees on the network."

This on Reddit

Paul00:09:41 - 13 Dec 2018 [UTC]

It is not strange even if they are sued.

Mahid00:09:44 - 13 Dec 2018 [UTC]

Versus Yazan's Ok So JNT Might Not Even Be Used Lmao in here

Mahid00:10:23 - 13 Dec 2018 [UTC]

At least other ICOs have the decency to exit scam honestly

Mahid00:10:54 - 13 Dec 2018 [UTC]

And instantly

Mahid00:10:59 - 13 Dec 2018 [UTC]

Instead of this

Mahid00:11:08 - 13 Dec 2018 [UTC]

Hey JNT is gonna be the backbone of the system

Mahid00:11:12 - 13 Dec 2018 [UTC]

Wait no it isn't

Paul00:11:18 - 13 Dec 2018 [UTC]

I know the blockchain company that was sued for the same reason in Korea.

Mahid00:11:20 - 13 Dec 2018 [UTC]

After community input, yes it is

Mahid00:11:27 - 13 Dec 2018 [UTC]

And then....

Mahid00:11:41 - 13 Dec 2018 [UTC]

Okay so it isn't, but we're totally listening to your input guys

Kungawo Anikulapo-Kuti00:11:52 - 13 Dec 2018 [UTC]

Mahid

And instantly

That is true, they won't give you hope for a year

Jimmy RUssle00:12:20 - 13 Dec 2018 [UTC]

Everything is fine my dudes just hodl

Mahid00:12:22 - 13 Dec 2018 [UTC]

Exit scam on us like real men lmao

Jimmy RUssle00:12:28 - 13 Dec 2018 [UTC]

They just hired a marketing teeam

Jimmy RUssle00:13:02 - 13 Dec 2018 [UTC]

see roger ver isn't crying

Jimmy RUssle00:13:09 - 13 Dec 2018 [UTC]

he's out finding people to buy his bags

wicji00:13:34 - 13 Dec 2018 [UTC]

Don't download

wicji00:13:58 - 13 Dec 2018 [UTC]

Scr file Virus going round.

Gucci00:14:03 - 13 Dec 2018 [UTC]

i downloaded and my jnt is gone

Jimmy RUssle00:14:15 - 13 Dec 2018 [UTC]

The point is, even if Jibrel never hasa working product, and JNT never has a real use case, there will always be somebody dumber than you to buy your bags during a bull run.....it's crypto

Tim00:14:42 - 13 Dec 2018 [UTC]

Jimmy RUssle

The point is, even if Jibrel never hasa working product, and JNT never has a real use case, there will always be somebody dumber than you to buy your bags during a bull run.....it's crypto

Or.. we are the greater fools

Kungawo Anikulapo-Kuti00:14:49 - 13 Dec 2018 [UTC]

Jimmy RUssle

They just hired a marketing teeam

Stop shilling 24/7 it won’t make the situation any better.I'm so fucked, and so is my Christmas.

Jimmy RUssle00:15:22 - 13 Dec 2018 [UTC]

just hodl guys... the marketing team will come through

Elliot Parker00:15:28 - 13 Dec 2018 [UTC]

Jimmy RUssle

The point is, even if Jibrel never hasa working product, and JNT never has a real use case, there will always be somebody dumber than you to buy your bags during a bull run.....it's crypto

Tbh at this point you just need to accept where we are.

Elliot Parker00:15:38 - 13 Dec 2018 [UTC]

Talal and the team have been amazing throughout

Elliot Parker00:15:40 - 13 Dec 2018 [UTC]

Trust them

Jimmy RUssle00:15:42 - 13 Dec 2018 [UTC]

we should probably delete all this negative talk though, future bagholders might start to question their investment

Tim00:16:05 - 13 Dec 2018 [UTC]

Pokoye Dumbaye

I'd rather the team, who knows the business, make decisions and hope it works out for token holders than let a community full of deluded bag holders with zero experience in business or finance make collective decisions. Could just be me though.

Elliot Parker00:16:14 - 13 Dec 2018 [UTC]

Cnumartyr

Howard00:16:26 - 13 Dec 2018 [UTC]

Cnumartyr

Jimmy RUssle00:17:03 - 13 Dec 2018 [UTC]

I'm going to start working on my fully solvent hardfork..... in Jibrel Cash, I will have Talal's position. Can any of you guys code?

Paul00:17:18 - 13 Dec 2018 [UTC]

How can we trust them? They always change their words.

Tim00:17:33 - 13 Dec 2018 [UTC]

ElliotPark

Trust them

I always make investments based on teams and not tokens. Its disappointing to find out about a tokenomics change this way, but the team is still the same. And we've had this same song and dance before.

Jimmy RUssle00:17:49 - 13 Dec 2018 [UTC]

Trust the system!

Tim00:18:04 - 13 Dec 2018 [UTC]

Paul

How can we trust them? They always change their words.

Things change all the time with startups. Not an excuse, but it is a reality

Jimmy RUssle00:18:22 - 13 Dec 2018 [UTC]

There is always someone out there dumber than you are.

Pokoye Dumbaye00:18:24 - 13 Dec 2018 [UTC]

This team has made countless bad decisions. I'm not asking to have full control of the project, but let the community decide which direction something things should be led. The jWallet is useless, so is jSearch and jTicker

Pokoye Dumbaye00:18:46 - 13 Dec 2018 [UTC]

I don't want them to put any more time in developing shitty products nobody will use

Pokoye Dumbaye00:18:51 - 13 Dec 2018 [UTC]

It's time to wake up

Madoff wasn't on the blockchain00:19:02 - 13 Dec 2018 [UTC]

hello guys, what have I missed, so much talk here

Pokoye Dumbaye00:19:07 - 13 Dec 2018 [UTC]

The team is as deluded as holder, maybe more

Tim00:19:18 - 13 Dec 2018 [UTC]

Pokoye Dumbaye

Because we know better? At the very least they have a full picture of what's going on. We would be making decisions without knowing everything due to NDAs.

Paul00:19:36 - 13 Dec 2018 [UTC]

I would never have invested in this company if I knew JNT would be used this way.

Madoff wasn't on the blockchain00:19:39 - 13 Dec 2018 [UTC]

ah, only that my investement is gone

Pokoye Dumbaye00:19:51 - 13 Dec 2018 [UTC]

Cnumartyr

Because we know better? At the very least they have a full picture of what's going on. We would be making decisions without knowing everything due to NDAs.

There are doing good on that front. No worries on that. But seriously jTicker????

Pokoye Dumbaye00:20:43 - 13 Dec 2018 [UTC]

Tell me how jTicker will be useful and not be abandon ware straight at it's release

Madoff wasn't on the blockchain00:20:58 - 13 Dec 2018 [UTC]

where is community management we need you now

Pokoye Dumbaye00:21:01 - 13 Dec 2018 [UTC]

We don't need jSearch either. Etherscan is good enough

Howard00:21:18 - 13 Dec 2018 [UTC]

Pokoye Dumbaye

Tell me how jTicker will be useful and not be abandon ware straight at it's release

ask yazan personally and see what he says. and then come back to us

Tim00:21:25 - 13 Dec 2018 [UTC]

madoffwasntontheblockchain

where is community management we need you now

I think they're letting this storm pass.

Madoff wasn't on the blockchain00:22:43 - 13 Dec 2018 [UTC]

it will not pass

Ala Haddad00:22:51 - 13 Dec 2018 [UTC]

madoffwasntontheblockchain

where is community management we need you now

I’m right here. Yazan addressed community concerns previously

Jimmy RUssle00:22:52 - 13 Dec 2018 [UTC]

Nobody really has any answers anyway

Tim00:23:18 - 13 Dec 2018 [UTC]

Jimmy RUssle

Nobody really has any answers anyway

The answer is to wait and let them build.

Tim00:23:41 - 13 Dec 2018 [UTC]

Either they're successful or they arent. If they arent learn from the mistakes and move on

Howard00:25:06 - 13 Dec 2018 [UTC]

Cnumartyr

The answer is to wait and let them build.

correct. at this point what can we do?

Howard00:25:14 - 13 Dec 2018 [UTC]

either sell or hold

Howard00:25:30 - 13 Dec 2018 [UTC]

complain and bitch all you want but nothing will change

Madoff wasn't on the blockchain00:25:44 - 13 Dec 2018 [UTC]

Howard

correct. at this point what can we do?

hope they convert jnt into shares of Jibrel AG

Tim00:25:57 - 13 Dec 2018 [UTC]

Howard

either sell or hold

Literally all we could ever do.

Jimmy RUssle00:26:01 - 13 Dec 2018 [UTC]

Yazan did say that he appreciates ommunity input

Madoff wasn't on the blockchain00:26:09 - 13 Dec 2018 [UTC]

that are my last hopes

Jimmy RUssle00:26:52 - 13 Dec 2018 [UTC]

I've been watching the orderbook since the announcement

RJ 1087900:26:56 - 13 Dec 2018 [UTC]

Mahid

Okay so it isn't, but we're totally listening to your input guys

EQUITY CONVERSION @ttabbaa

Pops00:27:06 - 13 Dec 2018 [UTC]

RJ999999

EQUITY CONVERSION @ttabbaa

This

Tim00:27:21 - 13 Dec 2018 [UTC]

Jimmy RUssle

I've been watching the orderbook since the announcement

On which exchange?

Jimmy RUssle00:27:36 - 13 Dec 2018 [UTC]

bibox is the highest volume.,.... not a peep aside from the bots

Philippe van Sternberg00:28:13 - 13 Dec 2018 [UTC]

Sirs, calm down. you need to ubderstand this is a very complicated issue

Howard00:28:31 - 13 Dec 2018 [UTC]

Philippe van Sternberg

Sirs, calm down. you need to understand this is a very complicated issue

what say you hans?

Jimmy RUssle00:29:10 - 13 Dec 2018 [UTC]

Hans is laughing at us from beyond the grace

Max00:29:12 - 13 Dec 2018 [UTC]

Howard

what say you hans?

That isn’t Hans, I’ve spoken with him myself.

Philippe van Sternberg00:29:13 - 13 Dec 2018 [UTC]

This isn’t hans talking...

Jimmy RUssle00:29:14 - 13 Dec 2018 [UTC]

grave

Howard00:29:29 - 13 Dec 2018 [UTC]

Maxung

That isn’t Hans, I’ve spoken with him myself.

ok :)

Philippe van Sternberg00:29:29 - 13 Dec 2018 [UTC]

Maxung

That isn’t Hans, I’ve spoken with him myself.

yes

Korbinian von Obazda00:31:18 - 13 Dec 2018 [UTC]

A lot of chatting today, what's going on? :)

Jimmy RUssle00:32:27 - 13 Dec 2018 [UTC]

big news 🔥🔥🔥🔥🔥🔥🔥🔥

Philippe van Sternberg00:33:07 - 13 Dec 2018 [UTC]

hans always claimed he had iron hands and would never sell. however, that's exactly what he did and then he left us

Korbinian von Obazda00:33:25 - 13 Dec 2018 [UTC]

No H. M. How could he

Philippe van Sternberg00:34:10 - 13 Dec 2018 [UTC]

I’ll always remember him

Korbinian von Obazda00:34:13 - 13 Dec 2018 [UTC]

Jimmy RUssle

big news 🔥🔥🔥🔥🔥🔥🔥🔥

Tell me ze news mein Freund, ja das wäre spannend

Jimmy RUssle00:34:41 - 13 Dec 2018 [UTC]

jbonds 2.0

Korbinian von Obazda00:34:55 - 13 Dec 2018 [UTC]

Jimmy RUssle

jbonds 2.0

Fantastic!

T M00:35:26 - 13 Dec 2018 [UTC]

I still trust the team. By crypto standards, they are still pretty much Saints. This projects targets were always ambitious. I trust they will figure something out.

Philippe van Sternberg00:35:35 - 13 Dec 2018 [UTC]

Jimmy RUssle

jbonds 2.0

oh no, no, no, no, no!? you want to say JNT is useless again

Jimmy RUssle00:36:49 - 13 Dec 2018 [UTC]

It's literally a repeat of what happened that time.......

Korbinian von Obazda00:37:57 - 13 Dec 2018 [UTC]

Jimmy RUssle

It's literally a repeat of what happened that time.......

So a little news in 1., 2.,3., would he helpful. Just jumped in the chat so need a bit of background news from this chat today

Elliot Parker00:38:02 - 13 Dec 2018 [UTC]

timelymeerkat

I still trust the team. By crypto standards, they are still pretty much Saints. This projects targets were always ambitious. I trust they will figure something out.

they have always acted as a real company, let them manage our situation

Korbinian von Obazda00:38:06 - 13 Dec 2018 [UTC]

Be*

Philippe van Sternberg00:38:45 - 13 Dec 2018 [UTC]

Jimmy RUssle

It's literally a repeat of what happened that time.......

with the little addition that no institution is allowed to cooperate with Jibrel...

Gucci00:39:31 - 13 Dec 2018 [UTC]

madoffwasntontheblockchain

hope they convert jnt into shares of Jibrel AG

this

Philippe van Sternberg00:39:54 - 13 Dec 2018 [UTC]

Yazan has officially confirmed

Jibrel Network Telegram History

Wednesday, 12 December 2018

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