With our Token Sale live until Jan 26, 2018, those with Jibrel Network Token (JNT) already purchased and displayed will immediately notice JNT withdrawals are disabled until December 15th. This is done for transparency, security, and compliance. The reasons are outlined in this post.
The JNT Smart Contracts need to be open source and publicly audited before withdrawals are enabled
While we understand the Jibrel community is quite eager to get their hands on their tokens, the Smart Contracts were just open sourced and the ETH Dev community will need time to review the code. We understand the frustrations of our Pre-sale participants, however, we will always prioritize security / transparency.
Reasons behind the delay / open-sourcing contracts
1. Prove that JNT Smart Contracts are fair and transparent
2. Ensure that JNT Smart Contracts are bug-free
(See our related New Alchemy Audit results here)
Most will be frustrated with the long and drawn-out process, but we hope you appreciate and understand the importance of having transparency and compliance with the Jibrel Smart Contracts and Jibrel Network Token (JNT).
Please feel free to reach out to us on Telegram, Slack or Twitter if you have any questions or concerns.
Jibrel provides traditional financial assets such as currencies, commodities, debt instruments and securities, as standard ERC-20 tokens, on the Ethereum blockchain. Jibrel is a Jibrel AG initiative. Jibrel AG is registered in Zug, Switzerland, Qubist Labs Inc is a software development company based out of New York, US.
