INSCOIN
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introduction to inscoin for knox
The KNOX project will be the first insurance company to combine the real world with the digital with Blockchain technology, creating the most efficient and advanced structure in the industry, to find a solution to the problem of certification and forgery of insurance policies.
The smart contract avoids spreading counterfeit insurance policies because it is the same system that issues them after receiving the payment.
With the smart contract, the company is not delayed in collecting credits because the policy is only issued after the payment is received. This factor is intended to significantly improve the management of the company itself.
With the smart contract in the case of accidents, the real judge who decides whether or not to pay is no longer the company that could have opportunistic behavior, but the blockchain system that, totally uninterested in the human opinion, will decide whether this accident meets the stipulations in the policy. This benefit will be the most important because it increases the transparency of the company to customers.
About InsCoin for Knox Project
"InsCoin for Knox Project" aims to establish the first insurance company that will accept a Crypto (INSC) for the payment of insurance premiums, and the first that, with the help of the blockchain, will solve the problem of falsification of insurance policies.
The KNOX project will be the first insurance company that merges the real world with the digital one using Blockchain technology, creating the most efficient and advanced structure in the sector, to find a solution to the problem of certification and anti-forgery of insurance policies. It will be the first ever to emit insurance policies both in smart-contract and traditional paper form.
With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.
With the smart contract the company won't have delay in collecting credits, as the policy is issued only after receiving the payment. This factor aims to significantly improve the management of the company itself.
With the smart contract in the event of accidents the real judge who will decide whether or not to pay them is no longer the company, which could have an opportunistic behavior, but the blockchain system that, in a totally disinterested by the human opinion, will decide if this accident is compliant with the provisions in the policy.
This benefit will be the most important as it will increase the transparency of the company towards customers.
The goal of KNOX is to reach, by exploiting the blockchain, a decentralization of the whole insurance system. Decentralization means the transformation of traditional insurance policies from paper into smart contracts.
With the smart contract the spread of false insurance policies is avoided because it is the same system that issues them after receiving the payment.
With the smart contract the company won't have delay in collecting credits, as the policy is issued only after receiving the payment. This factor aims to significantly improve the management of the company itself.
With the smart contract in the event of accidents the real judge who will decide whether or not to pay them is no longer the company, which could have an opportunistic behavior, but the block-chain system will decide if this accident is compliant with the provisions in the policy. This benefit will be the most important as it will increase the transparency of the company towards customers.
INSCoin pre-sale is divided into 3 phases
Phase one: June 23-June 30 Hard Cap 1000ETH
Second phase 1 July - 7 July Hard Cap1500ETH
Third phase 8 July - 15 July Hard Cap 5000ETH
Token info
Token - INSC
Platform - Ethereum
Type - ERC20
PreICO price - 1 INSC = 0.0002 ETH
Price in ICO - 1 INSC = 0.0002 ETH
Investment info
Min. investment 0.1 ETH
Accepting - ETH
Distributed in ICO - 54 %
Soft cap -** 4,000 ETH**
Hard cap - 39,444 ETH
Tokens for sale - 270,000,000
Unallocated tokens will be burned after the end of the ICO.
The INSCOIN token is a fundamental part of our project. Through it the customer can pay insurance premiums and can access the maximum degree of authenticity of the policy, receiving it in the form of smart contract.
Inscoin's supply will be 500.000.000 and will be distributed like this:
54% Token Sale
15% Blocked reserve (Broker WholeSaler)
10% Team and Advisors
9% Reserves distributed to the 3 insurance Companies (blocked for 3 months and 10% monthly release)
10% Broker Network partnership, Legal and Insurance advisor
2% Airdrop and Bounty program
Roadmap
Team
USEFUL LINKS=> For More Details About The Project Check Below Links And Follow on Social Media.
Website=> https://www.inscoin.co/
Whitepaper=> https://inscoin.co/assets/content/whitepaper_en.pdf
Telegram=> https://t.me/inscoinico
Linkedin=> https://www.linkedin.com/company/inscoin-holding-ou/
Twitter=> https://twitter.com/inscoinforknox
Facebook=> https://www.facebook.com/Inscoin-for-Knox-1802470656458272/
Reddit=> https://www.reddit.com/r/InsCoin/
Youtube=> https://www.youtube.com/channel/UCeYb1urpmhALHv_0lm6ZI8w
Bitcointalk ANN=>https://bitcointalk.org/index.php?topic=4494867.0
author :
Forum Username : oli2tak
Forum Profile link : https://bitcointalk.org/index.php?action=profile;u=2103005
wallet address 0x113185977068cF841A70f619CB33F3deEF865A76