/biz/ - Business & Finance

WTF WAS THAT?

How much JNT to make it?

Is JNT still a good buy? Thinking about buying a stack since the price is way below ICO right now.

Jibrel NETWORK

I have it on good authority that Victor Mezrin has gone rogue. Talal hasn't responded yet because he's still trying to make sense of it himself. He first learned about these changes on the TG after the reddit post was mentioned there.
Victor has decided to steer this project in his own way and the rest of the team were previously unaware because they don't know how to read his code. This has all been in the works for the last few months now, and the changes have already been implemented in the code base.
There is some serious storming over the jibrel team right now. They have to decide now to either get rid of Victor and start from the beginning again, or submit to Victor's takeover. I'll keep you guys posted as the situation continues to play out.

>the state of jibrel if this is true

Hahahahahahahahahahahhaahhaha don’t trade JNT or else you’ll fuck their shit up

We highly discourage people from speculatively trading JNT for two core reasons:

>Jibrel Network Token economics are designed to provide specific services, by trading JNT, the economics no longer allow for the token to fulfill its objectives and the system has a high risk of becoming unbalanced—A good example of this is how BTC / ETH cannot be used to transfer value effectively, as the prices fluctuate heavily due to trading, and the network is over-congested, negating the key benefits (low-cost / high-speed transfers).
Blockchains, ledgers and token reliant systems are highly experimental at this stage, with constant changes to architecture, use-cases, etc. For this reason, they should not be taken as investment opportunities, financial vehicles or tools.

S

So the marketcap will reach ~360M after the tokenization; that means one jibbie will soon go for ~1.58$