I am heavily invested in InsureX and this is not financial advice.
http://en.prnasia.com/story/186348-0.shtml
Gen Re delivers reinsurance solutions to the Life/Health and Property/Casualty insurance industries. With $13 billion in capital and approx. $5.6 billion in premiums, it is one of the leading reinsurers in the world with a global network of offices in key reinsurance markets.
IXledger and Gen Re have announced a partnership and this partnership will allow to create blockchain solutions for insurances! This is great news and IXT is already booming after the news. The currency is still cheap and the market cap is barely 27 millions (https://coinmarketcap.com/assets/insurex/) which means it has HUGE opportunities still to grow!
I believe it can reach 10$ by the end of the year.
Currently it is trading on HitBTC and EtherDELTA
so then why did it drop in price today by 45% or so?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @papirobbi! You have received a personal award!
1 Year on Steemit
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - Round of 16 - Day 4
Participate in the SteemitBoard World Cup Contest!
Collect World Cup badges and win free SBD
Support the Gold Sponsors of the contest: @good-karma and @lukestokes
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @papirobbi! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit