What IsJinbi Token (JNB)?

Jinbi (meaning gold coin) is a clear, transparent, and auditable peer-to-peer platform built on the blockchain. Jinbi aims to offer a blockchain-based smart contract service to deliver safe and stable instruments for physical gold funds and storage.

According to its whitepaper, the cryptocurrency market has adopted some of gold’s advantages with the creation of cryptocurrencies. Blockchain technology holds its primary advantages in securing transactions anonymously and transparently. Jinbi seeks to develop the concept further with a decentralized blockchain technology platform. Jinbi aims that in the ‘Year of The Dragon’ 2024, users can exchange every Jinbi token for a 1oz fine gold coin.

Some of the remarkable features of the Jinbi are as follows:

• Profitable: Jinbi offers an opportunity for all holders to directly participate in the vast upside of gold mining at a source incorporating secure blockchain technology. Jinbi token holders seek to benefit and share in the profitability from the production of gold at the source.

• Liquidity: From March 31, 2025, all token holders get the option to exchange tokens for gold.

• The platform offers coins like the South African Krugerrand, Canadian Maple Leaf, United Kingdom Britannia, Austrian Philharmoniker, or Jinbi Golden Dragon.

• All other funds are put back into Jinbi to continue further gold production.

• Utilizing smart contracts and linking Jinbi to gold makes it exchangeable and a secure and trusted source of value. Jinbi tokens (JNB) are the native cryptocurrency of the platform. An ERC20 token, JNB merges a traditional gold fund holding with blockchain technology, allowing token holders to enjoy the benefits of both gold and cryptocurrencies in a secure environment. Working on the Ethereum platform, Jinbi tokens create biannual liquidity events via gold dividends following production milestones whereby each token holder gets a dividend payable in physical gold or the native tokens of the platform. In addition, a coin holder benefits from participating in the appreciation of the underlying token, Jinbi, backed by an audited smart contract and increasing gold floor price. Other characteristics include being fully tradeable, transferable, and listed on various cryptocurrency exchanges. In addition, JNB is used to purchase monthly in-depth market commentary and analysis on all crypto and gold developments. The tokens are held in the Ethereum wallet, Pillar. All other ERC 20 wallets support the Jinbi token. The Jinbi token seeks to provide the precious metals traders market and cryptocurrency enthusiasts with an advanced value preservation solution. The token provides the users with an innovative and accountable structure using a blockchain smart contract and seeks to generate substantial capital appreciation while maintaining an attractive risk profile.

History of Jinbi Token (JNB)

The Jinbi Token (JNB) was founded, and the whitepaper v1 was initiated in September of 2017. The team includes CEO and co-founder - Joseph Crawley, co-founder - Andre Rafnsson, operations manager - Stuart Hay, advisors, and other team members. A total of 12,500,000 tokens were issued.