The Jinn project has been worked on diligently for months behind the scenes, and we are finally ready to share it with the world.
Jinn is the first modern ternary general purpose processor. The applications for this technology is virtually limitless, which you can read about in the prospectus.
We have been inundated with questions tied to this project, so we have also prepared a FAQ.
You will find both here
www.jinnlabs.com (prospectus on top, FAQ at the bottom)
We also welcome developers to contribute and have a deeper look here:
https://github.com/Come-from-Beyond/JiniriThe Jinn asset offering will be done via a Dutch Auction. (Asset ID: 3061160746493230502)
This means that the chunk of 100,000 assets will be sold at once against the ladder of bid orders. The moment when this happens will not be disclosed in advance (to ensure fairness), nor the price at what it is sold will be revealed. We will do it once we decide that the offered price satisfies our needs to cover the R&D to reach our first benchmark.
What this means for you as a potential investor in Jinn: put up buy orders at the price you are willing to buy at and if it matches our number, you’ll get the assets.
More info about Dutch Auction here:
http://en.wikipedia.org/wiki/Dutch_auctionFeel free to ask any additional questions that you may have in regards to the project or asset offering in this thread.
