The KNOX is the project of INSCOIN platform which is providing insurance company based services in the online digital ecosystem of the cryptocurrency industry. This platform is a decentralized as well as disinter-mediate based new generation service which is creating trustless as well as permission-less network where participant can consider valid a transaction. This platform is using blockchain technology by giving impotency certification of insurance document which can never be falsified. This platform has implemented smart contract technology to serve their customers, insurance companies and broker. This platform is a tokenize cryptocurrency platform who has created INSC token to sale in the initial coin offering program of the platform. We can know more about the INSC token from their whitepaper. The white paper link of this platform is https://inscoin.co/documents/Whitepaper-EN.pdf. We can purchase INSC token from their website. The website link of this platform is https://inscoin.co.
Development history timeline:
The INSCOIN is the insurance policy based platform powered by the blockchain technology. They planned this platform in the KNOX project of insurance company. They are the first platform in the online digital ecosystem of the cryptocurrency who implemented blockchain technology in the insurance policy platform. This platform is merging the real world with the digital one using digital world by using blockchain technology. The INSCOIN platform has developed many things and they will develop many more things to make this platform more effective and more beneficial for the user of this platform. The development history timeline of this platform is given below:
In the year 2017:
March: This platform has started study to realize the project and started to build team. They started establishment of the first collaborative network during this time.
May: They started forecast business plan at this time of development. During this time they invested € 150, 0000 and started legal consulting.
July: This platform was became the IT insurance licensed platform and invested € 300, 000 for certified insurance platform.
October: They started insurance partnership. At this time, they started partnership with more than 300 insurance brokers whose are ready to work with the companies.
December: This platform was started ICO planning and started to development of a marketing plan.
In the year 2018:
June to August: they started token sale during this time. At this time they will hold pre-ICO and ICO event for token sale.
September: They will start trade INSCOIN on the main exchanges during this time of development. They will guarantee easy implementation to future customers of the companies as well as they will start proper volumes compared to their income.
Third quarter: This platform will start compliance to obtain insurance license. This platform will be obtaining authorizations from official authorities of the three nations to provide legal insurance service.
Fourth quarter: They will start introduction of internal platform where customer will be able to access its policy via smart contract. They will implement smart contract in the insurance business. The smart contract will be more & more protagonist of the insurance industry.
Token detail:
The INSCOIN platform is a tokenize cryptocurrency based insurance company platform in the online digital ecosystem of the cryptocurrency industry. This platform has already created INSCOIN token with their smart contract technology of blockchain. This platform is creating first insurance company which will accept INSC crypto for the payment of insurance premiums. The token name is INSCOIN and token ticker is INSC. This coin was created on Ehtereum blockchain platform. The type of the INSC token is ERC20. The total supply of the token is 500, 000, 000 INSC tokens. This platform will use 54% to the total token for sale which is approximately 270, 000, 000 INSC tokens. This platform’s token sale accepted currencies are ETH and BTC. The website link of this platform is https://inscoin.co.
The token allocation of INSCOIN platform is given below:
The fund allocation:
After the ICO of this platform they will get fund to develop this platform. This platform will use all raised fund for different uses. This platform will use 60% of the total raised fund for insurance company’s set-up. This platform will allocate 20% of the total raised fund for platform development. The marketing program of this platform will be allocated by 10% of the total raised fund. They will allocate 10% of the total raised fund for reserve funds.
We should join this platform for taking part of the insurance policy of this platform. You can be a beneficial investor by purchasing INSC token.
You can know more detail about the INSCOIN platform by visiting below links:
• Company Website: https://inscoin.co/
• Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=4422850
• Whitepaper Link: https://inscoin.co/#whitepaper
• Telegram Group: https://t.me/InsCoinICO_announcements
• Youtube Channel Link: https://www.youtube.com/channel/UCeYb1urpmhALHv_0lm6ZI8w
• Linkedin Profile Link: https://www.linkedin.com/company/inscoin-holding-ou/
• Reddit Profile Link: https://www.reddit.com/r/InsCoin/
• Steemit Blog Link: https://steemit.com/@inscoin
• Author
• BitcoinTalk User Name: kola7088
• BitcoinTalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1296229