Yes. Most likely what we will see is a slow tokenisation as the demand for Jbonds grow. Kind of like when the price steadily increased a few weekends ago.
Once it hits critical mass of adoption it should shoot up pretty quickly but let's be realistic and understand the short term is not going to be a crazy 50x spike in a week while 180m SEED funds are jobonded.
Nobody cares about short term since they don't even waste a single cent of their fund in marketing. Not like 99% of the shitcoins around here which burned through their whole marketing budget in weeks
>wouldn't creating the jBonds in the first place require buying JNT?
I don't know how the process exactly works. I doubt anyone does (with the exception of the team, hopefully). But think about it rationally. Why would they publicly announce that they're going to be pumping JNT with almost $200 million? So that the NEETs can get in on the gravy train? Not happening.
>presumably they won't offer to provide liquidity unless there was demand.
Expectations≠reality
We don't even have data about the expected demand of jBonds (aside from Talal saying that he expects it to be higher than jCash, but that may just be his extrapolation). It's better to curb our own expectations, rather than instantly assuming the best case scenario.
>Why would they publicly announce that they're going to be pumping JNT with almost $200 million? So that the NEETs can get in on the gravy train? Not happening.
They have announced nothing except that 250m will be used for tokenizing and mostly liquidity. There are still details about the partnership to come.
>aside from Talal saying that he expects it to be higher than jCash, but that may just be his extrapolation
Then we can abandon the whole project right now, if you don't give a fuck about the co-founder and inside man, talal.
75% of the funds from SEED will be used to tokenize jBonds. Per Talal and the AMA.
Seriously, do some research. They have already started tokenizing and will continue to do so. They aren't going to market buy 175m worth of JNT though, it will be a slow and steady process.
>if you don't give a fuck about the co-founder and inside man, talal.
When did I say that? Talal is by far my favorite person in crypto, but that doesn't mean I will take the breadcrumbs he throws at a face value and unironically meme myself into $1000 EOY delusion.
I've read every single article, as well as Talal's and Yazan's posts on telegram. If I'm wrong in my extrapolation, then by the time SEED is done tokenizing $180 million, the JNT token will be in low triple digits from the insane buy pressure alone.
Did you watch the videos from Talal and Yazan?
That's where the information is coming from. My understanding from it is around 200 million is going directly into JNT to form jBonds. However, it is going to likely go into it during the course of the year and trickle in.
I asked Talal and he confirmed to me that jBonds will cause JNT to be locked up.
Lovely.
I like JNT but the Telegram is full of shit, full of stupid people like Stefan and his friends.