Gold-backed Jinbi Token Main Sale Extended to September 30 2018
Jinbi Token (https://jinbitoken.io/), a UK and Belarus-based gold-backed blockchain business, will be extending its public main sale until Sunday September 30 2018. The project has attracted a large amount of interest from institutional investors since the main sale began on Thursday June 28 2018. Jinbi has currently raised $12Million over the duration of four weeks since going live.
Over the coming months, Jinbi is offering a 15% bonus on tokens up to the end of August, and a 10% bonus in the month of September. The bonus means that extra tokens will be added on top of the deposit amount. These bonuses will be distributed accordingly to the participants of the main sale.
Jinbi completed a week-long pre-sale beginning Monday June 18 2018, which successfully reached a soft cap of $8Million. Once the ICO fundraising is complete, Jinbi tokens will be available for purchase on several cryptocurrency exchanges. These will be made available to the public following a collective decision from the Jinbi management team.
The Jinbi Token merges traditional gold investment with blockchain technology, which allows the token holder to experience the best of both worlds. Jinbi has developed this concept further by being one of the first tokens in the industry to be partnered with a gold mining company. Using blockchain technology allows Jinbi to hold its primary assets and secure transactions anonymously, safely, traceably and transparently.
The Jinbi token provides both the precious metals investor market and crypto currency enthusiast with an advanced value preservation solution, as well as an innovative and accountable structure using a smart contract on the Ethereum blockchain. Jinbi expect to generate substantial capital appreciation whilst maintaining an attractive risk profile for investors.
Additionally, Jinbi Token holders are eligible to receive quarterly precious metals and crypto currency investment reports. To receive the investment reports, one must have invested a minimum of 0.1 ether during the main ICO. Jinbi Tokens, which are delivered via a smart contract, are the documentation invested physical gold holdings.
To participate in the ICO, participants are required to provide their full name and address and may be asked to submit scanned copies of proof of identity. This is managed as part of Jinbi Token’s Know Your Customer (KYC) process. An encrypted format (using 128-bit AES encryption algorithm) is always used at all stages of the data management lifecycle. Elliptic curve asymmetric cryptography is used for authentication.
Andre Rafnsson, Co-Founder of Jinbi Token (https://t.me/JinbiTokenOfficial) said, “We are thrilled and delighted to have raised over $12Million to date and surpassing our soft cap target. As Jinbi is still causing excitement within the gold industry, we have decided to extend our ICO to the end of September 2018. We want to make Jinbi accessible to as many people as possible.”