As companies and individual indicate interest in the insurance industry the data get bigger every day and is cumbersome to manage. Many have lost lots of file that where not traceable due to large some of data which also resulted to companies and individual who insured their properties not able to recover their properties back due to lack of proof of claim.
Delay in processing of claim ,When companies or individual who insure their properties or asset wants to claim back their asset, there are lot of delay processing their document that leads to several phones calls . These breach in communication is a barrier and cause lack of interest in the insurance companies.
Archaic way of acquiring insurance nowadays is a big challenge; there is a lot happening on auto side to acquisition of insurance policies online. Lot of forgery insurance policies is going on in the internet which has also lead to many losing their funds their hard earn money.
These challenges have been given urgent attention and solutions also have been provided by the INSCOIN FOR KNOX
What Is Inscoin? How Does It Work?
The new project is currently in development and used for the Knox Project ICO. And the entire project is developed to help improve customer relationships with total and full transparency. There is a lot going on with the new company, and there is quite a bit of information on the company website. Not only that, but the information on the website is broken up into several different sections, all which are easy to navigate through and provide you with everything you need to learn about the coin.
The project has several different areas as said before. The first of which is the summary of the Insacoin project. And not only that, but the White Paper is also available too and full of information that is required to teach you about the project and everything going on in it.
And with the road map at hand, you can easily stay up to date on study projects, realizations for the company, such as the vision and even forecast new business plans. There are plenty of other general documents that are available as well.
InsCoin Patform
At the same time as the start of the three insurance companies, once the legal licenses have been obtained, with the help of the funds raised, an internal exchange platform will be created. This platform will have a fundamental role, through it the customer can access the purchase of insurance products o ered by our structure.
The main functions of this platform will be: Creation of customized profiles for Brokers, with their personal inscoin wallet.
The internal platform is fundamental to the project because through it we can manage all the innovations of our project e ciently.
Token Sale
Ticker: INSC
Type: ERC20
Total Supply: 500’000’000 INSC
Tokens for sale: 270’000’000 ISNC
Exchange rate: 1 ETH = 5’000 INSC
Soft Cap: 4’000 ETH
Hard Cap: 39’444 ETH
Unallocated tokens will be burned after the end of the ICO.
Pre-ICO starts: June 23, 2018
Pre-ICO ends: July 7, 2018
Pre-sale Price : 1 INSC = 0.0002 ETH
ICO Price: 1 INSC = 0.0002 ETH
Accepting: ETH
Soft cap: 4000 ETH
Hard cap: 39444 ETH
Bonuses: Up to 30%
ICO starts: July 23, 2018
ICO ends: August 23, 2018
Token sales = 54%
WholeSaler Broker = 15%
Team and Advisors = 10%
Network Partnership Brokers = 10%
Reserves for 3 companies = 9%
Airdrop and Bounty Program = 2%
Fund Usage:
Setting Insurance Company = 60%
Platform Development = 20%
Marketing = 10%
Reserve fund = 10%
Roadmap
March 2017
Study Project realizationTeam building Establishment of the first collaborative network
May 2017
Forecast Business plan
Legal consulting
Invested €150’000
July 2017
IT insurance licensed platform
Invested €300’000 for certified insurance platform
October 2017
Insurance partnerships
Partnership with more than 300 insurance brokers ready to work with the companies.
June - Agustus 2018
Token Sale
Starts of the token sale.
September 2018
Trade INSCOIN in main exchange
Inscoin will be listing on main exchange
to guarentee easy implementation to future customers of the companies and proper volume compared to our income.
Q3 2018
Compliance to obtain insurance license
We will authorization from authorities of the three nation to provide legal insurance service.
Q4 2018
Introduction of internal platform
With it the customer will be able to access its policy via smart contract.
Q4 2018
Smart contract in the insurance business
The smart contract will be more and more protagonist of the insurance industry.
For more information about InsCoin visit the link below:
Website: https://inscoin.co/
Whitepaper: https://inscoin.co/#whitepaper
Ann Thread: https://bitcointalk.org/index.php?topic=4422850
Facebook: https://www.facebook.com/Inscoin-for-Knox-1802470656458272
Twitter: https://twitter.com/INSCOINforknox
Telegram: https://t.me/inscoinico
Author: sosisbakar12
BTT: https://bitcointalk.org/index.php?action=profile;u=1865067
