Home Ico Review Jimatcoin Ico Review : Jimat Coin Opening Sale

Jimatcoin Ico Review : Jimat Coin Opening Sale

-

Disclaimer

The Information Provided On This Website Does Not Constitute Investment Advice, Financial Advice, Trading Advice, Or Any Other Sort Of Advice And You Should Not Treat Any Of The Website’s Content As Such. Coinworldstory Does Not Recommend That Any Cryptocurrency Should Be Bought, Sold, Or Held By You. Do Conduct Your Own Due Diligence And Consult Your Financial Advisor Before Making Any Investment Decisions.Coinworldstory Will Strive To Ensure Accuracy Of Information Listed On This Website Although It Will Not Hold Any Responsibility For Any Missing Or Wrong Information.

- Advertisement -Ledger Nano X - The secure hardware wallet

About Jimatcoin 

Jimatcoin Store will be an ecommerce platform that enables users to buy and sell products using cryptocurrencies. It will perform all the functions and contain all the features of any other ecommerce site or mcommerce app along with a huge amount of additional things added in including a minimum of 100 different Cryptocurrencies available to spend. Jimatcoin will be launched via a Crowdsale on March 29th 2018 at 6PM UK Time (GMT +1 / BST) and represents a unique opportunity for the future of all Cryptocurrency users.

Jimatcoin, built on the ETH network, has been developed with the explicit intention of funding for the building of Jimat Store. The holders of Jimat Coins will be able to spend them on the Jimat Store at their market value at that time (along with over 100 other Cryptocurrencies and credit / debit cards).

Jimatcoin mission is to create truly powerful and legal commerce place for cryptocurrencies so as to incentivise Cryptocurrency ecommerce and mcommerce. This will ultimately accelerate mainstream Cryptocurrency adoption by offering the latest and most up to date features, functions and technology available on any ecommerce platform.

Overview

Cryptocurrency has become a very big thing over the last year or so but it is really only just getting started. There are many places online where you can find information about Cryptocurrency but a few clearly standout. While there is not enough paper in the world to cover every detail about Cryptocurrency from start to finish there is one simple and very clear explanation which is more than worth sharing here and gives a clear picture of the state of the Cryptocurrency industry as a whole. So right now we are living in the biggest gold rush of human history, the biggest wealth transfer in human history is happening right now, right before our eyes” and “we are in a golden era, the ICO era, the Blockchain era”. Words of pure wisdom

 Basic Information

PeriodDateBonus RateJImat Coin Issued
1st Batch29 March – 12 April 201850%37,500 coins per 1 ETH
2nd Batch12 April – 19 April 201850%37,500 coins per 1 ETH
3rd Batch19 April – 26 April 201845%36,250 coins per 1 ETH
4th Batch26 April – 3 May 201840%35,000 coins per 1 ETH
5th Batch3 May – 10 May 201835%33,750 coins per 1 ETH
6th Batch10 May – 17 May 201830%32,500 coins per 1 ETH
7th Batch17 May – 24 May 201820%30,000 coins per 1 ETH
8th Batch24 May – 31 May 201810%27,500 coins per 1 ETH

 

Summary

Jimatcoin is a Cryptocurrency or “alt coin”. It’s pronounced “Jim – mat”.

Jimatcoin Store will be an ecommerce platform that enables users to buy and sell products using cryptocurrencies. It will perform all the functions and contain all the features of any other ecommerce site or mcommerce app along with a huge amount of additional things added in including a minimum of 100 different Cryptocurrencies available to spend.

Jimatcoin, built on the ETH network, has been developed with the explicit intention of funding for the building of Jimat Store. The holders of Jimat Coins will be able to spend them on the Jimatcoin Store at their market value at that time (along with over 100 other Cryptocurrencies and credit / debit cards).

Jimatcoin mission is to create truly powerful and legal commerce place for cryptocurrencies so as to incentivise Cryptocurrency ecommerce and mcommerce. This will ultimately accelerate mainstream Cryptocurrency adoption by offering the latest and most up to date features, functions and technology available on any ecommerce platform.

Jimat Coin will be launched via a Crowdsale on March 29th 2018 at 6PM UK Time (GMT +1 / BST) and represents a unique opportunity for the future of all Cryptocurrency users.

The Cryptocurrency market is vast and constantly growing but still has not reached the mainstream user base which it not only deserves but needs if it is to become the true future of currency that so many of us want and know it can be.

Cryptocurrency is a real life representation of new technology and new thinking and Jimat Coin represents another vast leap forward. Cryptocurrencies are a significantly disruptive technology which many are trying to fight against. Not only are we here to fight back, we are here to push forward.

Up to this point Cryptocurrency usage has been mainly speculators and the tech-savvy, buying and selling for profits. Jimat Store is set to become the first full Cryptocurrency market for new products and will enter common usage due to its groundbreaking ease-of-use for the ordinary user. Jimatcoin has a single-minded yet multi skilled team behind it with the clear goal to open up the Cryptocurrency ecommerce and mcommerce market.

This white paper gives you the information you need about Jimat Coin and offers purchasers the opportunity to become an early adopter of this huge step forward for all Cryptocurrencies and their users, a step forward, a step out from the shadows and a step which will not be able to be ignored by those who try to fight against Cryptocurrencies and their place in the future.

Overview

E-commerce sales worldwide in 2015 were over USD 1.3 trillion and are projected to increase to over USD 4 trillion by 2020.

E-commerce share of retail sales is projected to increase from almost 7% in 2015 to about 15% by 2020.

This is in part due to the projected increase in the number of people using ecommerce and mcommerce from just over 1.4 billion in 2015 to over 2 billion by 2020.

These projections do not include any Cryptocurrencies which could easily give some additional increase to the projected numbers of people using ecommerce and mcommerce and so to the sales.

Why should Cryptocurrencies be left out? Why should Cryptocurrencies fall behind? Why should Cryptocurrency users not have a place for them to spend their Cryptocurrencies?

Allowing companies to accept payments using Cryptocurrencies brings many benefits to companies. These new currency options will bring new revenue streams and new opportunities to do business in ecommerce and mcommerce because they will give access to new customers who are looking for a market to spend their Cryptocurrencies in.

The first adopters will get a lot of publicity in the press, particularly online press, not to mention the Cryptocurrency forums and communities for taking the steps to bring Cryptocurrencies into the mainstream.

Jimatcoin will fund Jimat Store and Jimat Coin will be spendable in the same way cash would be on Jimatcoin along with a minimum of 100 other Cryptocurrencies and normal payment options such as credit / debit card and online transfer payments from launch day with more Cryptocurrencies to follow .

To put it another way, Jimatcoin Store is designed for ecommerce for Cryptocurrency users around the world so as to remove the restrictions and open up the market to anyone who wants to be a part of it or anyone who just wants to show their support for the future and growth of Cryptocurrencies.

There is and always will be those who stand against Cryptocurrencies and they will be the ones who stand against Jimat Coin and Jimat Store. We hope as you are reading this you will decide to join and stand with us to move Cryptocurrencies forward and into the mainstream because, let’s be honest, the time is right for it to happen.

About Cryptos

Cryptocurrency

Cryptocurrency has become a very big thing over the last year or so but it is really only just getting started. There are many places online where you can find information about Cryptocurrency but a few clearly standout.

While there is not enough paper in the world to cover every detail about Cryptocurrency from start to finish there is one simple and very clear explanation which is more than worth sharing here and gives a clear picture of the state of the Cryptocurrency industry as a whole.

This comes from Ian Balina from one his YouTube videos, you can (and really you should, really, go look after you finish reading this) see more from him his YouTube channel https://www.youtube.com/user/Diaryofamademan.

The way he explains it is as follows (cut down a little to save your reading but including all the main points and in no way twisting his words at all).

“So right now we are living in the biggest gold rush of human history, the biggest wealth transfer in human history is happening right now, right before our eyes” and “we are in a golden era, the ICO era, the Blockchain era”. Words of pure wisdom.

He goes on to talk about how the days of Cryptocurrencies (today, right now) are a lot like the early days of the internet, days where anyone could start an internet company and make millions, days where the investors of those companies made millions or billions. He then points out that to invest in those early internet days you had to invest millions of dollars into a single company and wait for a very long time to get any returns or to take your money out in any way.

His comparison between the early internet investors and Cryptocurrency investors gets very interesting from here. He (correctly) points out that anyone can invest in Cryptocurrencies and millions of dollars are not needed to do so and that taking your money back out is far easier and faster because Cryptocurrency buyers are not locked in by any contracts like internet company investors were (and still are in many cases).

His points are more than valid in every way. Any normal person can buy Cryptocurrency and are not locked in for any set time because they can sell them on whenever they choose to.

His next point is that those people who got into internet companies early made millions and now they are in very strong positions while disrupting the way the world worked, the way we look up information and the way we did many other things in our normal life was changed by the internet.

Simply put, Cryptocurrency is the next big thing and those who get in early will do very well.

At the start of 2017 Bitcoin was the top Cryptocurrency with as market cap of around USD 12 billion but by the end of 2017 the Bitcoin market cap had shot up to over USD 40 billion.

The market is growing in the number of coins available and this is not going to stop now that companies are starting to understand and accept the Blockchain and the technologies related to it, which are coming and will be here to stay.

To repeat the Ian Balina quote “we are in a golden era, the ICO era, the Blockchain era”.

Blockchain is the backbone of Cryptocurrencies, without the Blockchain it would all fall apart, without question the Blockchain makes Cryptocurrency possible.

The market and businesses should be excited about the opportunities that Blockchain and decentralization of currency (Cryptocurrencies) it brings with it are going to bring. There is no way the world can ignore them so the time has clearly come to embrace them and the public need a place or a way to use their cryptocurrencies in the real world.

A SIMPLE EXPLANATION OF CRYPTOCURRENCIES

The creator of the first Cryptocurrency, Bitcoin, is named Satoshi Nakamoto and he could very easily be considered as the father of Cryptocurrency. In his white paper he said the following things.

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution” .he refers to Bitcoin as “a system for electronic transactions without relying on trust.”

Bitcoin launched very early in 2009 and has grown from strength to strength ever since Satoshi Nakamoto’s vision of a cashless world, or at least a world where cash was less important, is a very hard concept to imagine. Money has been in the same form for so long, since the start of civilization in one way or another, so no one can really truly understand what the world would be like without it.

Secure Blockchain

There have been many cases of Bitcoin getting stolen by hackers BUT this is NOT because of the Blockchain.

The Blockchain is military grade security and encryption and has never been hacked, breached, broken or beaten in any way at all. The Blockchain sees these as normal transactions as the wallet (Cryptocurrency storage) is responsible for holding (hence the name) the Cryptocurrency and ensuring security and password access. These hacks are the fault of the wallet companies not the Blockchain. So, the Blockchain itself is totally secure. 

The First Problem

There is currently no place that can be compared to sites like Amazon for Cryptocurrency users to spend their coins and the smaller spending options are few and far between, scattered and scarce. While there are a few big companies do accept Cryptocurrency as payment the options are not truly widespread or mainstream yet. The companies that do accept Cryptocurrency as payment only cover a limited selection of products within limited geographical areas.

Companies such as Newegg (computer components), Zynga (online and mobile games), Humblebundle.com (discount games website, which we LOVE), State Republican Party (one of the major political parties in the United States), Subway (sandwiches) and even Microsoft do take Cryptocurrency as payment in some countries but that still leaves many things you cannot buy with your Cryptocurrency.

The Soultion Of First Problem

Simply put, the planning behind Jimat Coin and Jimat store is intended to maximize the features and functions in an ecommerce and mcommerce system so as to maximize the advantages for every business and every user. Jimat Store will make powerful business software and services available and put them in to the hands of every company in the world. These business tools have only been available to companies with huge technology budgets up to this point but can offer vast advantages to any and all businesses regardless of the size of the company and the budget. Providing systems which contain a wide range of features and functions to smaller companies will provide them with advantages and give smaller companies operating on restricted budgets the means to expand in to the modern technological business world with no upfront costs or over priced fees. By offering a wide range of features and functions at a practical selection of service levels, including a free basic service level, Jimat Store puts the tools businesses require in to their hands in a cost effective and flexible way.

The Second Problem

The speed of the transactions limitations of Cryptocurrencies are a problem. Bitcoin is limited to 7 transactions per second and Ethereum is limited to 15 transactions per second. Amazon peaked at 600 transactions per second during last year’s Amazon prime sale and Visa regularly hits 45,000 transactions per second. There is one Cryptocurrency that can reach about more transactions. Depending which information you believe that maximum speed ranges from ‘1000+ transactions per second’ (with no additional information as to how much ‘+’ really is at all). This other Cryptocurrency however (which we will not name, intentionally) comes with a wide selection of problems and things that Cryptocurrency users do not like in general. Firstly it is NOT a decentralized Cryptocurrency and most Cryptocurrency users like the fact that Cryptocurrencies are decentralized, it is the main attraction to Cryptocurrency for almost every user.

The soultion of second problem

Build A Blockchain And Full Cryptocurrency system 

It is clear that a fully decentralized Cryptocurrency with a very high transaction count per second and fast speed transactions is not yet available but needed. So we will make one. And give you a place to use it.

Let’s face it, decentralizing a Cryptocurrency is not really a complicated task at all, in this day and age to the point that there is no point at all in putting anything on that subject in here, apart from to say that the Cryptocurrency and every part of it and its Blockchain will be, in every way, decentralized.

Raise the number of transactions per second

Transactions per block = 1000

Block time = 100 seconds

1000 divided by 100 = 10 transactions per second

Transactions per block = 2000

Block time = 100 seconds

2000 divided by 100 = 20 transactions per second

This example clearly shows that the larger number of transactions in the same time (obviously) results in more transactions per second.

Token Discription

Jimat Coin is a fully functioning Cryptocurrency which will be spendable on the Jimat Store once it is completed. While over 100 other Cryptocurrencies will be able to be used on Jimat Store along with credit and debit cards from day one. The money raised from the Crowdsale of Jimat Coin will be used to build Jimat Store. Jimat Coin is an ERC20 Token built on the Ethereum ERC20 Token Standard. ERC20 defines a common list of rules for all Ethereum tokens to follow and Ethereum is the network behind the ERC20 Tokens Standard. Ethereum is one of the most popular and powerful cryptocurrencies and blockchain system currently available. It is based on the use of tokens which can be bought, sold or traded. We have decided to build Jimat Coin on this platform because of its reputation for stability and reliability amongst other things.

As an ERC20 Token Jimat Coin will follow the market value automatically and is fully decentralized.

Investment

This Crowdsale offers you the opportunity to be a part of moving Cryptocurrencies forward and into the mainstream. It offers all purchasers the opportunity to be one of the first in the door and be a part of pushing Cryptocurrencies forward, for the good of not only all Cryptocurrencies but all their users too. We feel it is time for Cryptocurrencies to take a step forward, a step out from the shadows and a step which will not be able to be ignored by those who try to fight against Cryptocurrencies and their place in the future. The first adopters will get a lot of publicity in the press, particularly online press, not to mention the Cryptocurrency forums and communities for taking the steps to bring Cryptocurrencies into the mainstream.

Team

Luke-CEO

Luke has a long history of building and leading successful projects in several countries.He previously worked as Creative Concepts Director of Seven Level Systems for almost ten years where his role was to take job briefs and find the missing components to ensure the final results reached the full potential. Additionally he was responsible for creating the job briefs for games and other projects from both external clients and for the company’s own projects.

Siti-CMO

Siti has a long history of both leading sales teams and selling personally across a wide range of products in an equally wide range of different business areas. She previously worked in sales within the highly competitive industry Bunkering (the selling of oil, fuel and food supplies to ships entering ports) before joining of Seven Level Systems as the head of sales and marketing where she ran all the sales and marketing tasks along with the extra role of business development single handed for almost ten years.

Hassan-CTO

Hassan holds both a ‘Master of Science in Computer and Information Engineering’ and a ‘Bachelor of Engineering (Second Class Upper) in Electrical and Computer Engineering’ from the International Islamic University, Malaysia. Hassan has a highly successful history of over 15 years of project management, software engineering and deployment, in several countries, serving both the private and public sectors.

Kamil-Head Of APIS

Having worked directly with Luke on a one to one basis for the most part of his internship Kamil has more than shown not only his ability to learn but his passion for learning, his need to succeed and his commitment to any task he has been given. He has covered a wide range of projects which started with the game he did as his final project at university using GML which he had never seen until he started and after 3 months working on the game he was given a 4.0, the top grade available.

Chris-Head Of Shipping

Chris has a varied history of shipping and delivery for a wide range of products for both local and national users with a selection of products. He shipped and delivered products ranging from washing machines and parts, car parts, furniture and household items, clothing and sportswear and many other things over the last almost twenty years.

Also Read – Binance Review – Best Altcoin Trading Platform

This article is writing on 04 April,2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- 918077121282

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website.So Please take care of your investments. and be in the safety site and avoid much losing online.

- Advertisement -
Loading...

LIVE EXCHANGE DATA

#NameVolume (24H)CoinsTrading PairsAlexa RankBitcoin PriceOfficial Website
Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 4100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

- Advertisment -

PRESS RELEASE

MinedBlock Take Centre Stage as their Initial Exchange Offering (IEO) Goes...

In the congested and somewhat complex arena of blockchain technology lays a singularly unique company, built around the fundamental foundations from which crypto is...
#NamePriceChanges 24H Volume 24H

Top Gainer

NamePriceChanges 24H
(PBT)
PRIMALBASE
$8,551.2671.50%
(UQC)
UQUID COIN
$0.115247.96%
(IMGC)
IMAGECASH
$0.184744.31%
(HC)
HYPERCASH
$2.65040.73%
(AIT)
AICHAIN
$0.0030137.50%

Top Losser

NamePriceChanges 24H
(DAT)
DATUM
$0.00117-44.83%
(CBIX)
CUBIEX
$0.0118-40.59%
(PAT)
PATRON
$0.00163-21.84%
(PTT)
PROTON TOKEN
$0.00315-19.20%
(ZPT)
ZEEPIN
$0.00476-18.76%

Latest Crypto News

What Kind Of Punishment Will The Bitfinex, Which Is About To Go To Court

On July 22, Us Local Time, The Office Of The Attorney General Of New York Issued A Certificate To Usdt Issuer Tether And Its...

A Brazilian City Fortaleza Will Accept Bitcoin For Public Transport

On July 25, It Was Reported That Users Of The Public Transport System In The Brazilian City, Fortaleza, Capital Of The State Of Ceará,...

Coinbase Earn Users Can Now Earn $ 14 In Dai For Learning About Maker Cdp

Although Coinbase Introduced The Idea Of ​​"Earning Dai While They Learn" On June 10, At That Time, Coinbase Earn Only Offered Three Basic Lessons...