Overview
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Technical details
1. Buy premium with IZA token and insure cryptocurrency in exchange
2. Claim lost crypto and get back in native crypto which they lost
3. New ICO insurance (details yet to be announced)
4. Giving assurance in crypto market that crypto investment is safe forever
What is INZURA
ABSTRACT
INZURA is the world's first ever insurance token that is built with best in class protocol implemented to protect the crypto asset. INZURA is the world's first crypto insurance where you can claim your loss of cryptocurrencies with INZURA token. With best protocol tested and finalized with crypto insurance, INZURA made it possible with the best in class protection for your cryptocurrencies. With successful protocol and strategy of INZURA, there is potential benefits to welcome new users without fear of losing their valuable hard earned money. INZURA is built on Ethereum smart contract which is one of the best platforms for smart contract available in the market. INZURA is an ERC20 token that runs on Ethereum blockchain. INZURA not only protects your cryptocurrency, but also gives protection to ongoing ICOs and so there will be no fear of scamming and losing your valuable money.
PROBLEM AND SOLUTION TO CRYPTO MARKET
"HACK" and "SCAM" are the most known words in the crypto space. Crypto market have gone through lots and lots of hacks and scams over the past years. There are few hacks that have shook the crypto market down to its very core. Roughly over 100s of million dollar worth of cryptocurrencies were lost in 2018.
Scamming and hacking most often happen in this crypto space and there is certain restriction to prevent scam and hacking, but there is no solution to stolen or lost cryptocurrencies. INZURA is here for the solution to these problems in crypto space.
Inzura offers premium with the IZA token. Once the Inzura platform is live, users can able to purchase the premiums with the IZA token they hold. The scalability of the premium value can be set by the Inzura users. Users should submit the required details and documents before purchasing the premium. Once the premium is purchased and confirmed, the asset worth is calculated with the live price of IZA token with the FAP protocol. Each and every claim submitted is calculated with FAP price at the time of claiming.
MOTIVATION OF INZURA
The main motive of Inzura is to protect the user's crypto asset and to increase the new users to the crypto market. The goal of Inzura is to raise the market capitalization to trillions that can be achieved just when a minimum 10% of the world's population starts using cryptocurrency. How does new users come into the crypto market, it is when they have no fear of losing the crypto asset and when institutional money gets into crypto market. Inzura gives hope of asset coverage and builds the trust that their money will not be lost forever.
The below example shows the position of crypto market in current situation. When the market cap is low, big pumps and dumps takes place and the volatility of the price will be very high. If the market cap reaches to a certain high, the volatility risk will lower and will be stable. Inzura will work towards the goal of reaching highest market cap than other markets such as stocks and commodity.
DetailsIEO (Tokpie Launchpad): Jul 08, 2019 - Jul 21, 2019Pre-sale token supply: 10,800,000 IZA Token supply: 61,200,000 IZA Total tokens for sale: 72,000,000 IZA Soft cap: 729,000 USD Hard cap: 13,606,200 USD LegalBlockchain Platform: EthereumCountry limitations: USA, China, South Korea Registration country: India Registration year: 2018 Office address: Coimbatore 641006, Tamil Nadu, India | Token infoTicker: IZAType: Utility-token Token standard: ERC20 Token price in USD: 1 IZA = 0.0675 USD Accepted currencies: ETH Bonus program: Pre-sale = 20% Round 1 = 10% Round 2 = 5% Round 3 = NIL Token distribution: ICO sale - 60% Partners - 10% Treasury - 5% Founder/team - 10% Legal/Marketing - 5% Airdrop/Bounty - 10% |
INZURA Roadmap
The initial phase of INZURA started in the mid Q3 of 2017
The team setup and community formation process were undertaken
The protocol buildup process is done and every possible protocol is tested with cryptocurrency
Concept is built and finalized with blueprint
The protocol finalized and tested and minor and major errors were rectified
Token function and mechanism is structured to its perfection
Token generated in the testnet and tested for token mechanism and rectified the errors
Company registration and domain registration completed
Token Generation in Mainnet
As part of marketing, Promotional Airdrop is conducted on website launch day
Initial Coin Offering date and time is announced and the tokens are distributed to the users
Contract will be signed for listing before ICO ends and will be listed after ICO ends
Complete INZURA platform will be available for users to purchase premium