INS - Building Grocery Shopping Decentralized
what is a NS or ins frankly it's a terrible name why because it makes me think of the IRS or some sort of governmental entity they should have thought of a better name guys it may come as a surprise to many but the online grocery market is projected to grow from 98 a billion in 2015 to a staggering two hundred ninety billion in 2020 however even with all that growth potential the market is severely hampered by issues related to retail monopolization and ineffective promotion i wouldn't necessarily agree with that guys because I use Emmas on prime and I get stuff very quickly it works fine and now with Publix and even target allowing me to get them to deliver stuff to me to my house what's the problem the AI NS ecosystem is a global decentralized marketplace that is designed to facilitate grocery shopping in a highly streamlined fashion it connects users directly with manufacturers and growers thereby monitor moderating the price of produce additionally i NS allows sellers to have a direct promotions since it eliminates the needs for vendors and supermarkets thereby allowing for additional savings for both buyers and sellers morvern participating sellers and manufacturers have a diverse range of options from which to choose when using I ns these include publishing a list of items for sale carrying out promotional campaigns to attract more customers launching loyalty programs and lastly receiving a feedback from custom consumers the ecosystem is currently under construction and it's being made in such a way that it will be a scaleable in order to accommodate a future growth also through the use of a decentralized leisure I NS will offer benefits such as long-term stability and sustainability okay so nothing new there so far in terms of an overview of ioan acid tackles the problems are related to supply chain inefficiencies by creating a transparent inclusive platform creates a direct communication channel between manufacturers and buyers and redefines the power structure and gives a consumer a bigger say in spending matters lastly it also allows a for savings up to 30% on all purchases if they can actually execute and they have the adoption and the participation of many different entities out there that are willing to use their blockchain key idea in terms of some of the key features to start off with I ns ecosystem makes use of a decentralized shopping a module that allows for quality go Street groceries to be distributed and sold at prices that are lower than those offered by supermarkets the buying process is extremely simple and as the platform comes with an intuitive UI that allows purchases to be made with a simple click of a button not only that I ns also provides its users with unlimited access to a plethora of suppliers thereby delivering a good choice selection as well as healthy market competition I suppose so but look at that one of the first things you can buy is Pepsi Frito Lays really good eat good eats can ice or just sugary nonsense as for the marketing side of things real-time promotional campaigns can be relayed to customers through the use of the system this results in better savings for buyers as well as increased customer satisfaction all internal transactions are facilitated through the use of specialized smart contracts plus the ecosystem makes use of a currency called the ins token Rin S token which is required in order to make grocery payments lastly there is also the incentive program which participates can utilize it provides users with I&S; tokens every time they make a purchase these coins can later be redeemed for either digital items or other shopping and discounts so how does AI NS works well it starts with the marketplace this is the visual hub where the listed projects or products can be viewed and added to an online shopping cart consumers these are the people that are looking to buy groceries and similar goods and then there's also the sellers these are the farmers and growers who would like to sell their fresh produce fulfillment operators these individuals run operation centers work behind the scenes facilitate deliveries etc this is a very complex problem solved guys with lots and lots of different moving parts my first question which is almost always with any of these types of coins is can they actually deliver on these promises and can they have the adoption required to make this get this to a tipping point and with it in which it actually really competes against the bigger players like your targets your publics your Amazons etc etc guys I mean this stuff is pretty pretty out there also in order to participate and become a member of the AI NS eco systems users are required to sign up for the platform yeah more sign ups the registration process involves the creation of both a customized profile as well as a digital wallet the wallet will be used to store native I NS tokens as well as to secure all of the data that is recorded on the decentralized ledger other key aspects of AI NS include execution affair and secure transactions in a timely manner deployment of smart contracts that are required to fulfill order payments fulfilment by all fulfilment of all orders by distributing work between work center workers and couriers in an organized fashion and creating of creation of marketing campaigns to garner additional track attraction within a shop and communities across the globe okay well about I&S; the AI NS ecosystem Limited is a BVI company that is responsible for the creation of open-source cryptographic technologies that allow for smoother operations within the AI NS program great that paragraph told me nothing the core people behind the project include Peter Oh Russia that's all you need to know both of whom are founders in marketing brings behind AI NS Peter has been in the retail and tech domain for more than ten years and he has previously worked with high-profile companies such as Goldman Sachs in IBM he also degree from Harvard Business School and teaches regularly at the Stockholm School of Economics for his part Dmitri describes himself as a venture capitalist and a private equity expert expert whose primary focus lies in retail markets and e-commerce he has previously been associated with companies like V T V capital private equity Rothschild and PwC he holds a graduate degree from the University of London as well as PhD in finance lastly Demetri Coleridge is a blockchain and smart content expert who serves as the core dev back-end dev for the company he is widely regarded as one of the top cryptographic crypto cryptographers in the world and has over 2,000 citations to his name not bad Dmitri is also the designer of technology such as Eragon - and heck we hashed not bad some clout there guys since the currency has only been on the market for over a month it can be difficult to assess its future potential however upon its launch a single I NS token was priced at four dollars and ninety three cents the currency touched its peak value at the 15th of January when the price of I NS scale up to an impressive eleven dollars in 96 cents since then the price has dipped substantially and currently stands at 2 dollars and 42 cents some final thoughts from this author with the blockchain being implemented in various spheres of our daily lives it will be exciting to see whether I&S; manages to live up to the hype it has generated across the globe do this wide array of features it certainly promises to reshape the online grocery market really if you'd like to start investing in this venture and this trading pairs are currently being offered on Finance Koo coin and elsewhere well guys as you can probably imagine this type of coin doesn't really make me explode in my pants right this isn't the type of coin that I get really really really excited about I mean in many cases a centralized system works exceptionally well I said Amazon Publix Target they deliver what I want them to deliver and you know fresh produce directly from the growers that's a great idea however it's gonna take a long time to get a lot of these people on board to the point of scale where it's actually going to be available in your region remember they're trying to look for a global audience so where will they start well seems like they're from Russia they might start out to start out there but for me in Atlanta specifically for me in Atlanta what is this gonna come out for me probably not for a long time so let me know your thoughts in the Bitcoin not pump or the comment section below and let me know if i ns is one of those tokens that has a great idea but will it execute will it actually survive you guys know oh wow name of this game is survive let me know let me know guys and & smash the like button for Amazon Prime even though they are kind of like Satan but they deliver my shit on time what can I say
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I still am in the shock of missing the ICO pack of INS ;(
Some mistakes are indeed painful !
nice post @adi142