InsCoin (INSC)ICO InsCoin is a blockchain-based insurance company. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is InsCoin
The Knox project aims to establish a blockchain-based insurance solution that will resolve the issues of certification and insurance policy forgery. The project employs an ERC20 INSCOIN (INSC) token. Customer will use it to pay insurance premiums and receive polices in the form of smart contracts. Knox will also be issuing paper insurances that need to be activated in the INSCOIN platform.
The team have developed a Deflation Plan. According to the plan, INSCOINs collected per single policy will be blocked by a smart contract for one year.
DetailsPre-sales: Jun 23, 2018 - Jul 15, 2018Public sales: Jul 23, 2018 - Aug 30, 2018 Token supply: 270,000,000 Soft cap: 4,000ETH Hard cap: 11,208,000 USD(fiat) LegalRegistration country: Estonia | Token infoTicker: INSCType: Utility-token Token price in USD: 1 INSC = 0.089928 USD Accepted currencies: ETH Bonus program: Pre-ICO Time bonuses: Week 1: +30% of the INSC Week 2: +25% of the INSC Pre-ICO Bonuses on purchased tokens: Minimum 50 ETH: +15% of the INSC Minimum 30 ETH: +10% of the INSC ICO Time bonuses: 1-10 Days: +20% of the INSC 11-20 Days: +15% of the INSC 21-30 Days: +10% of the INSC ICO Bonuses on purchased tokens: Minimum 50 ETH: +15% of the INSC Minimum 30 ETH: +10% of the INSC Minimum 10 ETH: +5% of the INSC Token distribution: 54% - Token Sale 15% - Broker WholeSaler 10% - Team & Advisors 10% - Broker Network Partnership 9% - Reserve for the 3 companies 2% - Airdrop & Bounty program Funds allocation: 20% - Product Development 60% - Insurance company set-up 10% - Communication and marketing 10% - Reserve funds |
InsCoin Roadmap
Team Building
Establishment of the first collaborative network
Legal consulting
Invested 150.000
Invested 300.000 for certified insurance platform
Partnership with more than 300 insurance brokers ready to work with the companies
ICO planning and development of a marketing plan
Start of the PRE-ICO
Start of the ICO
InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of the companies and proper volumes compared to our income.
We will obtain authorizations from official authorities of the three nations to provide legal insurance service.
With it the customer will be able to access its policy via smart contract.
The smart contract will be more and more protagonist of the insurance industry