I welcome you my dear subscribers and readers. Today we will talk about a very technological and interesting project, INSCOIN , that is all set to provide a fast, simple, and secure way to verify products authenticity and other services.
Lately, a steadily increasing number of ICOs are being launched, and consequently, there is an increase in problems that plague these kinds of investments, such is the mistrust that potential investors have in the Crypto-Asset industry, because it’s somehow hard to differentiate between a legitimate and illegitimate ICO project. As a result, even high quality and legitimate startups or existing companies struggle to have a successful ICO.
This calls for many stages of verification and due diligence to ensure that an investment is sound, well-organized and have general quality assurance. As a Crypto-Assets writer and enthusiast, it’s a must to carry out research/due diligence in validating the legitimacy of an ICO project before writing on or recommending it. I have a number of questions I ask and things I look out for in an ICO project before I could give such a project a yes-yes. One of the things I look out for is “the Goals, the Team and the Partners” of the project. And in this particular ICO project I’m writing about, it’s a yes-yes. Trust me, this is a great project.
I personally have done a lot of digging on INSCOIN token and I am yet to find any major red flag that would make me give up on investing in their ICO. Knowing how much the core members of the team have sacrificed to build everything from the ground up gives me more hope about the company as a whole. INSCOIN reputation speaks for itself and is strongly supported by various facts and by real business model that works every day. By investing in the project you can be 100% sure of the reliability of your investment, as you invest into business with real assets and real people.
Introduction
The INSCOIN project intends to use, among the many available, the Ethereum blockchain, which currently presents the largest number of real used cases and economy of services and transactions currently in operation. Ethereum makes available, using its infrastructure and ERC20 technology, the creation of digital private coins of controlled issuance (token) with which it is possible to support an entrepreneurial project.
The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies.
With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.
With the smart contract the company won't have delay in collecting credits, as the policy is issued only after receiving the payment. This factor aims to significantly improve the management of the company itself.With the smart contract in the event of accidents the real judge who will decide whether or not to pay them is no longer the company, which could have an opportunistic behavior, but the block-chain system will decide if this accident is compliant with the provisions in the policy. This benefit will be the most important as it will increase the transparency of the company towards customers.
INSCOIN Platform.
In the meantime, when three insurance agencies begin, once a legitimate permit is gotten, with the assistance of assets raised, an inside trade stage will be made. This stage will have a principal part, in which customers can get to the buy of insurance items to be utilized by our structure.
HOW DOES IT WORK?
Knox Insurance, and somewhat - Blockchain Ethereum, some portion of Knox'sinsurance and mostly on an interior stage. Endless supply of the confirmation procedure, a keen contract will be issued that joins the validness and extent of the strategy while regarding the privilege to security of the contracting party.
With the assistance of a stage created by KNOX, the insurance arrangement will advance into a completely mechanized and anticipate conceivable clash between the gatherings included. Insurance agencies will be built up in Lisbon, Bermuda and Dubai and will work as indicated by the world scale. Suitable licenses will be gotten from the experts of three states, taking into account insurance. In late-fall 2018, an inner stage will be presented, enabling customers to get to their approaches through keen contracts. The task group has completed an exceptional activity in 2017. That is: in May, a marketable strategy for lawful interview was drawn up, in which 150,000 euros were contributed, and the organization was shaped with more than 300 insurance agents prepared to work with the organization.
Token information
INSC Platform -
Sort Ethereum - ERC20
PreICO Price - 1 INSC = 0.0002 ETH
Cost at ICO - 1 INSC = 0.0002 ETH
Pre-ICO starts - June 23, 2018
Last ICO - July 7, 2018.
Reward - Available
Data about venture
Least investment0.1 ETH
Get - ETH
Conveyed in ICO - 54%
Delicate cover - 4000 ETH
Hard cover - 39 444 ETH
Token marked down - 270 000
Tokens not conferred will be singed once ICO closes.
The INSCOIN Token is an essential piece of our undertaking. Along these lines, customers can pay insurance premiums and access the largest amount of strategy legitimacy, tolerating them as keen contracts.
The Inscoin expense will be 500,000,000 and will be appropriated as takes after:
Deals Token 54%
10% Team and guides
9% Reserve is assigned to 3 insurance agencies (hindered for 3 months and 10% month to month issues)
10% organization Network Brokers,
Legitimate Counsel and insurance agency 2% Airdrop and Bonus
Reward
Amid Token Sale (Pre-ICO and ICO) there will be Bonus in light of measure of venture.
For 10 - 29 ETH will be + 5% Bonus from INSC notwithstanding general rewards.
For 30 - 49 ETH will be + 10% Bonus from INSC notwithstanding general rewards.
For> 50 ETH will be + 15% INSC Bonus notwithstanding consistent rewards.
Roadmap
Meet the team
For more information pls visit the official site below:
Website : https://inscoin.co
Telegram : https://t.me/inscoinico
Twitter : https://twitter.com/InsCoinforKnox
Reddit : https://www.reddit.com/r/InsCoin/
Whitelist : https://my.inscoin.co/register
Whitepaper : https://inscoin.co/#whitepaper
Facebook : https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Author: thegracey
BTT Profile URL: https://bitcointalk.org/index.php?action=profile;u=2073243