Setcoin, Will Connect Service Provider And Customer

in setcoin •  7 years ago 

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About SETCOIN(Service Exchange Token)


Inserviss Platform is a global service marketplace that connects service providers and customers online. Inserviss Platform is a mobile marketplace that connect service provider and customer. For customers it enables to order those services and booking the time when they want to make it. All payments between them making by revolutionary blockchain technology with own verified cryptocurrency Setcoin.

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Off-Chain transactions are instant and with zero commissions.

Blockchain Setcoin Payments


Zero Commissions
By eliminating third party intermediaries and overhead costs for exchanging assets, blockchains have potential to grately reduce transaction fees.

Security
Due to decentralization network, blockchain does not have a central point of failure and is better able to withstand malicious attacks.

Global & Faster
Blockchain transactions can reduce transaction times to minutes and are processed 24/7 globaly without countries boundaries

Transparency & Immutability
Changes are publicly viewable by all parties creating transparency. All transactions are immutable they cannot be altered, delete or fraud.

Empowered Customers & Service Providers
Customers and Service Providers are in control of all their information and transactions.

In core of Setcoin Blockchain will be Red Belly Blockchain Consensus (RBBC) that is faster 11.5x of Visa, 94,000x of Bitcoin. Red Belly Blockchain can process more than 660,000 transactions per second. In comparison, VISA’s network has a peak capacity of around 56,000 transactions per second, and the Bitcoin network is limited to around seven transactions per second.

Imserviss Role Include

  • Service Exchange Token (Setcoin) creation and the token launch to fund development and expansion
  • Development of smart contracts to run the order payment and booking process
  • Creation of an effective incentive model for all parties to join the Inserviss ecosystem
  • Elaboration of the ecosystem’s regulatory aspects
  • Establishment of a decentralized, fair and secure model for order payments & execution
  • Release of the service providers and customer mobile apps
  • Development of an active marketing campaigns to ignite initial traction

Service Provider Roles Include

  • Publish profile
  • Making services ordered by consumers in booking time
  • Promote the Inserviss ecosystem by bringing traffic via promotions of derived apps
  • The Inserviss marketplace platform will benefit from as many high-quality service providers joining the marketplace platform as possible.

Consumers


The more active consumers are in the network, the more turnover and the greater the profits will be for service providers. Channels for increasing the consumer base include marketing and promotion of the Inserviss apps to broader audiences and promotion of the online service booking in general. Customer retention in the network can be increased by ongoing improvement to the core product.

Consumer Role Include

  • Search services listed by service providers, make booking and pay for them after receiving
  • Participate in feedback requests
  • Receive promotion, loyalty, referral and feedback rewards

Value Creation And Value Capture


Providers Get Value

  • Getting started easily
  • Saving on advertising
  • Be able to use Inserviss CRM to manage orders
  • Track summary gross/net revenue & profit
  • Generate new orders and get more net profit
  • Instant receiving payments from customers
  • Ability to focus on main work and increasing quality of services

Marketplace Get Value<

  • Growth demand for Setcoin cryptocurrency
  • Reducing cost of service providers and customers acquisition
  • Growing eco-system as more third-parties partners starting to accept Setcoins as a payments
  • Increasing quantity services that one customer acquire at several service providers in different industries and niches
  • Increasing monthly budget that customers spend in platform

Customers Get Value

  • Reducing time for service providers search
  • Finding cheaper more individual service
  • Finding services at peak times (events, holidays, weekends)
  • Booking & Buying in one click
  • Notifications for booked services
  • Have one marketplace for all high repeatable monthly services
  • All services promotions, loyalty campaigns in one place
  • Convenient payments with Setcoins as digital asset

Network Effect Strategy


Inserviss platform will use 5C Strategy to develop strong network effect and increase exponential grow of platform members. 5C strategy contains:

  • Connection
  • Curation
  • Communication
  • Collaboration
  • Community

Virality Strategy & Getting Critical Mass


Critical mass is a happy state where
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Distribution Strategy


Inserviss main distributions channels will be social networks. The leading social networks are usually available in multiple languages and enable users to connect with friends or people across geographical, political or economic borders. The most popular social networks usually display a high number of user accounts or strong user engagement.

Geographical Expansion Plan


For Global Growth Inserviss marketplace will use Minimal Valuable Localization (MVL) Strategy. MVL will allow Inserviss

  • Grow user base with minimal cost and time
  • Test which markets should be targeted for a full launch
  • Improve and optimize marketplace for global markets

Setcoins Sale


Payment methods : BTC, ETH, USD, EUR
Total token supply: 1 Billion
Setcoin Pre-ICO: 50 Millions
Setcoin ICO: 300 Millions
ICO Soft-Cap: $ 20 Millions
ICO Hard-Cap: $ 100 Millions
Setcoins hold for team: 200 Millions
Setcoins hold for partners: 100 Millions
Setcoins hold for 5 Years Growth: 350 Millions
Pre - ICO launched
Setcoin available on Waves DEX
ICO start date: February 1 , 2018
1 SET = 0.00002 BTC

Setcoin Distribution


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Budged Distribution


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Inserviss will create Setcoin Reserve Fund (“SRF”) up to 20% of funding's come from ICO to use it for increase liquidity and decrease drop down volatility on early trading stages until Setcoins get more usable and traditional Institutional Investors (Endowment Funds, Commercial Banks, Mutual Funds, Hedge Funds, Pension Funds and Life Insurance Companies) take Setcoins in their investment portfolio and Setcoins become stable investment asset.

Team


Management Team
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Igor Perepelychnyy
Founder & Chief Execution Officer
Serial entrepreneur.
7 years in IT industry experience as a developer and top management
5 years in finance industry experience as a trader, analytic, fund manager of stocks (NYSE, NASDAQ, EURONEXT), commodities (CBOT, CME), debt and currencies (FOREX) markets, etc.
Have experience to develop successfull ecommerce startup from scratch with 12 500% growth in one year.
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Elena Perepelychnaya
Founder & Chief Creative Officer
7 years experience in marketing and product design development
Creating creative out-of-the box thinking strategies, leading and mentoring creative teams through concept and execution of breakthrough marketing, advertising, branded content.
Make significant contribution in good quality marketing at ecommerce company that achieve rapid growth. Specialised in marketing strategy, planning, video, social media, digital and advertising end to end.

Tech Team

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CTO Blockchain/Architect
With over 16 years of technical leadership experience representing the likes of Nokia, Motorola, IBM Labs to name a few.
Aravinda is now leading the development of back end and block chain technologies in Setcoins.
His industry experience includes Linux systems and application programming spanning multiple platforms, network security product development, architectural design, solution frameworks.
Built world-class engineering teams and software products deployed across the globe.
Recently he became a Blockchain enthusiast and want to be part of this technology disruption.
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Stepan Rudenko
Senior Android Engineer
Software Developer with more than 10 years of experience developing and designing applications for diverse industries. Direct experience with medical software developing, providing big business solutions (for banks) and creating Android applications.
Able to work within tight deadlines. Quick to accommodate to any environment and come up with fresh solutions. Fast grasp of new technologies. Initiative. Proficient in diagnosing and resolving problems.
Experience as team leader and technical consultant.
Certified ScrumMaster.

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Advisors


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Partner


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Author : ririsw

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