I just had a look at the whitepaper which is pretty simple by the way.
I noticed there was no description of how will the fund raised from ICO be used for.
Yes. You are right. The WP is light on the commercial detail. That was a marketing decision. To highlight the key points, but not overload with detail. They could have massively enlarged the cryptography section for instance, but chose not to.
There is an estimation of the future price of Jinbi Token in WP.
According to it, the price will grow substantially.
I am curious how will that happen?
Its simple think what would happens to gold? The price has been increasing gradually. What more blockchain is evolving faster and the currencies are endangered to have less value and if its possible that dollars will crash in some years gold, silver and other physical minerals will go high.