Jinbi Token (https://jinbitoken.io/), a UK and Belarus-based gold-backed blockchain business, is continuing to gain influence in the precious metals industry. The Jinbi Token merges traditional gold investment with blockchain technology, which allows the token holder to experience the best of both worlds.
Gold is usually compared to stocks, not only fixed incomes such as bonds. The history of gold has presented a lot of opportunities in recent years for those looking to invest into the industry. According to OnlyGold, gold increased in value by approximately 200% from 2006 to 2013/2014 (https://bit.ly/2Kd2Z38).
The Jinbi token plays an important role in a balanced portfolio for those investing into gold and the precious metals industry. According to Casey Research, gold should be a fixed asset in one’s portfolio since this isn’t classed as a liability of any government or corporation internationally (https://bit.ly/2uZvXPm). If an individual is following a modern portfolio theory buying stocks and bonds, retaining a small percentage of that portfolio in gold for a long timeframe could prove valuable in the future.
Jinbi 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. Once Jinbi has reached their first production target, dividends will be paid to the participants. The token holder will have the option of dividends paid in physical gold or Jinbi tokens.
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, at the end of September 2018, 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.
Andre Rafnsson, Co-Founder of Jinbi Token (https://t.me/JinbiTokenOfficial ) said, “Jinbi has received strong interest from high net-worth investors wishing to balance their portfolio in the precious metals industry with Jinbi tokens. We are keen to allow more individuals the chance to own Jinbi tokens for their own personal portfolios. We understand the nature and high demand for gold and are motivated by the community to make Jinbi accessible to everyone.”
Photo Credits: Jinbi