The entrepreneur Igor Perepelychnyy has combined his years of experience in the Financial industry and IT industry together to create Inserviss, an e-commerce startup for service exchange.
SetCoin
Igor explains in an interview given on techbullion that SetCoin is a service exchange token to facilitate payments between frequently used service providers, such as laundry, dentists, doctors, etc. and the customers.
With wife Elena Perepelychnyy and his kids, he has launched Inserviss that allows the customers to search for the services without wasting any time. The service providers can list their services and exchange value in the form of Setcoins.
Igor and his team have integrated the blockchain into their idea as it allows them to reduce their commissions to zero between customer and service providers.
The global spending on services is expected to grow during the next decade. It aims to offer a solution for tech convenience marketplace.
As Inserviss is a platform for a huge marketplace that must be able to handle high-frequency transactions, it employs a blockchain technology which is eleven times faster than VISA and several times faster than Bitcoin.
SetCoin Token Sale
Igor says that they have a goal of raising more than $100M as hard cap, i.e., USD and $10M as the soft cap, i.e., crypto equivalent.
How Will Investors Benefit?
Investors will benefit from investing in SetCoin as it will be the central solution for payments between services and customers using the Inserviss platform. Inserviss aims to benefit customers, service providers, Inserviss itself as well as investors. Setcoins will be the central medium of exchange and their value will tend to go up as the platform becomes more popular.
Where will Setcoin be traded?
Setcoins are available at the Waves exchange and in future, it will be listed on all the major crypto exchanges.
Igor explains in his interview about the difficulties he faced while preparing for ICO with just him and his wife as the team. Later on, they got advisors, tech team and partners to support them.
Future Expectations
They want Setcoin to become the gold standard for the frequently used services like dentists, laundry, haircare, petcare, doctors, etc. in the crypto world. They aim to bring the service market in the open so that every customer has a clear understanding of what he can get for each coin he spends without the need to waste time searching for each of them.
They also have plans to create SRF(Setcoin Reserve Fund) to increase liquidity and control volatility of the Setcoins.
Marketing Strategy
Currently, Inserviss team is working on the marketing materials for the investors. After the completion of ICO, they will prepare for the marketing campaigns for the customers as well as the service providers.
For queries and customer support, Inserviss uses various social media platforms but prefers to use their telegram community channel out of security concerns.
To Sum Up
SetCoin is a cryptocurrency that will be used on the Inserviss platform by the customers and the service providers. It caters to the frequently used service market in the crypto-world such as dentists, laundry, doctors, etc.
SetCoin ICO is expected to benefit the early investors as their investment will grow with the increasing size of the market. Setcoin will be traded on all the major cryptoexchanges.