 | InsureX (IXT)ICO An alternative marketplace for insurance products 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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Technical details
“INSUREX” or IXT is the ERC20 Standard Token on Ethereum blockchain, fully compatible with all Ethereum wallets that have ERC20 Token and smart-contract support using the ERC20 Standard. Can be used as coins, certificates, IOUs, in game credits, currency for services etc. The ICO will go live on July 11, with IXT tokens initially sold at an ambitious rate of 1.125 IXT per ETH, increasing to 1.757 per ETH as the sale continues through until July 31.
What is InsureX
- Uses blockchain technology to streamline the process between buyers and sellers of insurance products - Provides a platform to manage the downstream processes related to programs, policies, premiums and claims - Charges a commission on transactions being executed on the marketplace and an annual subscription for memberships - The IXT Token works as a mean to reward or get rewarded for participation in the marketplace. Each activity on the platform has an associated cost specified in IXT
InsureX The world’s first Blockchain-based an alternative insurance marketplace, that aims to solve inefficiencies in today’s insurance industry. The company has partnered with some of the largest insurers in the world to bring the solution to market. InsureX was launched by a London-based company.
DetailsPublic sales: Jul 11, 2017 - Jul 13, 2017Token supply: 100,000,000 IXT Soft cap: 1,634 ETH Hard cap: 83,778 ETH Raised: 7,104,000 USD LegalBlockchain Platform: Ethereum | Token infoTicker: IXTToken price in USD: 1 IXT= 0.3 USD Token price in ETH: 1125 IXT = 1 ETH Token distribution: Total token supply: 130,000,000 IXT Token crowdsale supply: 100,000,000 IXT will be sold during the crowdsale, any remaining tokens will be burned. Reserve: 20,000,000 IXT InsureX Team: 10,000,000 IXT |
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