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Insureum (ISR)

ICO

Published: Jun 23, 2018

The Insureum Protocol uses blockchain to create a decentralized ecosystem that connects insurers, their policyholders, and third parties.

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Overview

Project industry	Insurance
Product type	Service
Whitepaper	Open

What is Insureum

Data platform or insurance companies with Insureum tokens will reward the end-users for collecting data necessary to create new insurance products. Users may spend Insureum tokens within the Insureum-enabled data platform, and they may also use Insureum tokens to pay insurance companies for their service or premiums.

Insureum will employ a digital token to manage incentives and payments for all nodes across the insurance industry value chain.

This token will be an integral part of the economy concerning data sharing, validation, rewards, and payment for product development on the Insureum protocol. Nodes and participants will be rewarded each time their data is used for analytics purposes or when revenue is generated by insurance product sales from the insurance companies.

Details

Public sales: May 30, 2018 - Jun 29, 2018
Token supply: 193050000
Raised: 20,000,000 USD

Legal

Blockchain Platform: Ethereum
Registration country: Singapore

Token info

Ticker: ISR
Type: Utility-token
Token price in USD: 1 ISR = 0.1 USD
Accepted currencies: ETH
Token distribution:
65% - INSUREUM Supporters
15% - Team & Advisory
15% - Reserve Fund
5% - Community & Strategic Partners
Funds allocation:
20% - Strategic Partners
15% - Marketing
15% - Tech Expense
15% - Reserve 1
15% - Reserve 2
10% - Operation
10% - BD