BLACK INSURANCE - Opening the Centralized Insurance Market Historically for Crowdfunding

Hello everyone, in this new post I would like to introduce the Black Insurance project, and for more details, let's just go to the following discussion:

Black is Going to Disrupt the Insurance Industry
Black Insurance, a digital insurance company on blockchain, is opening historically centralized insurance market for crowdfunding.

Crowdfunded capital gives all investors first-of-a-kind investment opportunities to invest in stable insurance portfolios with long-term financial profits that so far have been shared among insurance companies and re-insurers. The Blockchain integration and tokenized process allows us distribute securities completely new way.

Watch this video...!

Black Insurance will use two types of tokens
Black Platform Token (BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform (utility token). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.

Black Syndicate Tokens (BST) (issued when the platform is ready). BST is an investment in insurance capital, and a specific BST is created for each syndicate (security token), The profitability of the insurance portfolio for a specific syndicate will pass-through to the holders of it’s BST.

ICO structure
Pre-Sale Starts	1. October 2018
Pre-Sale Period	30
Pre-Sale Cap	$2,000,000.00
Pre-Sale Terms	First week 25% bonus and after first week 20% bonus
Token Sale Starts	1. November 2018
Token Sale Period	30 days
Hard Cap	$5,000,000.00
Token Symbol	BLCK
Total Number of Tokens	80,000,000
Tokens Sold in This Sale	25,000,000
Exchange Rate	1BLCK = 0.2 USD
Minimum Purchase	$100.00
Accepted Cryptos	BTC, LTC, ETH
Adjustability	All undistributed tokens of 80M will be destroyed by smart contract
Listing	BLCK token will be listed on crypto exchanges no later than January 10, 2019
Token Holder Benefits	BLCK token serves as the only payment method to pay insurance premiums and services fees on Black platform
Token Trade Limitation	Only Team and Advisors have vesting and sales lock-in periods

Token Distribution

ROADMAP

To find out more. You can connect more with Black Insurance at the link below:

WEBSITE
WHITEPAPER
FACEBOOK
TWITTER
TELEGRAM

Bitcointalk username: Aray80