One of the largest markets in the world - is the market of products. Often, people spend up to 50% of their income on consumer goods basket. In recent years there has been a tendency to increase the number of purchases, made through the Internet. According to forecasts, in the next few years, online retail market will grow by several times, reaching 290 billion. Dollars ! This segment is the target for the INS project. Here we present to you the INS project review or Airdrop News.
WHAT IS INS?
INS- a decentralized global ecosystem that simplifies the order fulfillment process and allows the manufacturer to participate in it on their own, namely to put their products on sale, conduct promotional campaigns; to carry out loyalty programs; get feedback from customers, and enables customers, rather than retailers, to choose the products they want; vote for new products and product placement from other manufacturers.
INS directly links of food producers and consumers with an easy and convenient application in which a consumer purchases a product. INS Ecosystem Limited Registered as a company BVI, it is an official person who creates the INS tokens, platforms and technologies. The company focused on the production of a cryptographic code, which will work with the INS ecosystem.
PROBLEMS AND SOLUTIONS
One of the largest consumer markets in the world, is the market of products. It is expected that by 2020 the turnover reached 8.5 billion dollars, and online stores with $ 98 billion in 2015 will reach 290 billion dollars in 2020.
Up to 90% of the grocery market are controlled by a few retailers who abuse influence: unreasonably inflate prices, inhibit small traders and provide poor-quality goods. Retailers have captured a very large share of income, and have a huge impact on producers and consumers.
Manufacturers spend a lot of money on marketing that would attract customers in the face of strong monopolistic competition. However, 30% of marketing expenditures are lost and can not find their customers.
That's why INS- the best solution to this problem.
INS provides direct interaction between the consumer and the producer, thus bypassing the wholesalers and retailers, to put it simply, manufacturers can sell their products directly to consumers. Additional costs will be significantly reduced through blockchain. Automation of inventory control, optimization of processes, all of which help to save a lot of time. Blockchain makes the supply chain more efficient and less costly. Ecosystem modules will be deployed in major cities around the world, with all the necessary infrastructure for its functioning.
INS MAIN GOALS
The development of open source technology needed to run the decentralized ecosystem, and creating a successful model, which will encourage the participants, as well as the establishment of a leading position in the consumer market.
What does the INS benefits.
For consumers :
- Unlimited choice of suppliers.
- High-quality products.
- The low price of the goods supplied on the platform.
- Encourage manufacturers in the form of discounts and other bonuses.
- Opportunity to express their opinion about the product.
- Free choice of brands and products.
- Access to independent local producers.
- Data protection using blockchain.
- Save time.
For manufacturers :
- Price controls and a listing.
- Participation in the fair competition.
- Ability to obtain from customers direct feedback.
- The opportunity to publish their products by making it available for purchase.
- Attracting customers due to discount programs.
- Reduced costs due to the absence of intermediaries.
- Ability to create a group of target consumers.
- Ability to create personalized marketing programs to promote their products.
Are common:
- Using INS token for all transactions.
- The presence of pure competition, enabling manufacturers to create better products at a lower price.
- Open Smart contracts.
INS ECOSYSTEM
The ecosystem is constructed in accordance with scalable and decentralized approach which provides stability and stability in the long term.
Token INS is the only medium of exchange in the ecosystem, its value lies in the fact that with its help you can get bonuses, discounts and promotions, and it also serves as one of the currencies with the purchase and sale of products. Upon reaching the target, the sale will last for a maximum of a further 7 days, and when the hardcap, sale ends soon. However, tokens INS does not give the owner the right to receive dividends in the distribution of income, as well as the right to vote. Users will be able to pay cryptocurrency goods safely and reliably. If the soft cap is reached, the collected funds will be returned to participants.
- The total number of tokens: 150,000,000.
- ICO start date: 27 November 2017
- Payment Accepted: ETH, BTC, LTC, DASH, USD
- Target: 150,000 ETH
- Softcap: 30,000 ETH
- Hardcap: 200,000 ETH
- Rate: 1 ETH = 300 INS
- Minimum Contribution: 0.1 ETH
ATTACHMENT
For all participants in the ecosystem convenient and easy to use website will be created, as well as application.
The application user can easily select products from local farmers to large multinationals, choose a product and make a reservation. Just as he has the opportunity to participate in the referral program and provide feedback to the manufacturer.
Offer products on the platform will be formed by manufacturers. Couriers employed by the courier company or acting as independent contractors will carry out the instructions received by the application.
The application will be published under open source on github. software development for customization, open source (SDK) documentation and tutorials to make the application setup process will be as easy as possible published.
The application process will give smoothness order fulfillment center and allow workers couriers and coordinate with each other, both producers and consumers. The finished application will be published in Google Play (Android).
Web interface for producers will work in a web browser without any installation requirements. The site will develop and edit the list of products set delivery options, and more.
HOW TO BECOME A MEMBER OF INS
To become a member of the ecosystem, the user must create an account on INS platform.
During the registration, the system will create a profile and budget. The purse will be stored all the data in a decentralized database. It should be noted that the user data will initially be handled centrally on INS platform, so that the user would have an opportunity to submit feedback.
Later, data will be decentralized to ensure confidentiality. All smart contracts are limited in their ability to read data outside blockchain. Order status report will automatically generate in the execution process. Each participant will have the private key to your account, it is securely encrypted and stored in the wallet. Statuses are reflected in the chain, the data available to other participants.
ROAD MAP
The Road Map includes INS technology development, operating infrastructure, installments, signing agreements and launching marketing initiatives.
The road map is presented below:
More detailed information about INS you can find in these sources:
Official website: https://ins.world/
Whitepaper : https://ins.world/INS-ICO-Whitepaper.pdf
Technical description: https://ins.world/INS-ICO-Whitepaper.pdf
Twitter: https://twitter.com/ins_ecosystem
Facebook: https://www.facebook.com/ins.ecosystem/
Telegram: https://t.me/ins_ecosystem
Bitcointalk Ann: https://bitcointalk.org/index.php?topic=2208591.0
Author :
Bitcointalk Name : naurah03
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=1523723
Eth Address: 0x3A55583F56D1ac35E1eD82A7cB6302B74E6FDA0b