Jinbi Token, the gold-backed blockchain business from the UK has gone live with the public main sale. It will run for 28 days until July 26, 2018. The Belarus-based token offers a mix of blockchain technology and traditional gold investment allowing the holder of the token to derive the benefit of both the investment options.
Jinbi Tokens to be available after ICO fundraising
Jinbe is one of the first tokens that have developed such a platform in partnership with a gold mining company. Adding blockchain technology to the traditional investment platform allows the company to hold on to its primary assets and simultaneously allow safe, secure, traceable, transparent transactions. Prior to the launch of main public sale, the company recently completed a pre-sale of a week raising more than $8million. The fund will be used to add more power to the platform. As per the report, the company is planning to offer the remainder of the tokens to public investors as a part of the main sale.
The company has said that after the ICO fundraising is complete it will make the Jinbi Tokens available for purchase on the popular crypto exchanges. Both the investors of the precious metal and those interested in cryptocurrency investment will benefit from the solution of advanced value preservation. The platform uses an accountable and innovative structure based on the blockchain smart contract.
The Co-Founder of Jinbi Token, Andre Rafnsson said, “We are excited to be launching our main sale and have been overwhelmed by the level of support from our pre-sale. We are offering a range of bonus tokens across each week. In week one, we will offer a 15% bonus, week two a 10% bonus and week three a 5% bonus.”
Jinbi listed on Pillar whitelist exchange
Jinbi Token during its token pre-sale signed a partnership deal with Pillar Project, the data protection rights foundation. With this partnership, Jinbi Tokens became one of the few authorized crypto assets to get enlisted on the Pillar whitelist exchange. As per the deal, Jinbi will be the first owner of unique and exclusive wallet of Pillar. Moreover, Jinbi will be the first platform to offer additional transparency and security to its token holders.