Initial Coin Offering (ICO) have been a blast this year. However, I just only invested to some few ICOs which I think will grow, have a good value and a good future.
INS Ecosystem, is most likely one them. Here are just a glimpse of why I will invest in INS.
Stable consumer demand globally
I want to start first within my country. The Philippines grew by 6.9% in the 3Q of 2017, one of the fastest in Asia. Household Final Consumption, composed of 91% of the 3Q Gross Domestic Poduct (GDP). Grocery items like food, beverages, alcoholic beverages and tobacco comprised of 42.44% of the Philippine GDP at current prices.
On conservative note, if INS capture 1% of the Philippine market for the year 2017, that’s already $934.59M ( 4,672,951M x 1% / $50) possible yearly revenue (using 4Q household estimates = to 3Q 2017). And to a whooping $1,222.77 in 2021. Please see my own estimates of INS possible revenue from 2017 to 2021 below.
Household consumption estimates / INS possible revenue
I also expect that Philippines, the rising tiger of Asia, growth story will continue within the 6.5% to 8% over the next five. The comprehensive tax reform program will even push the increase in consumer demand under the current administration term.
Globally though, according to World Economic Outlook, as of July 2017, the global economy is projected to grow 3.5 percent in 2017 and 3.6 percent in 2018. Using the same assumption, World Economic Outlook (WEO) is projecting that the global GDP at $99.96T in 2022 from $75.28 in 2016. Using the same estimates from the Philippines, global household consumption might be around $42.42T (99.96T x 42.44%). INS Ecosystem global potential is HUGE!
Changed has come
The biggest change in the world today is of course, Internet, the way we do things faster and better. First from the way we communicate today. We can trace it back from face to face, to telegram, to telephone, to mobile/cellphone, to cheaper social media.
Same with innovation of money. It started from barter, to exchange goods and services to other goods and services. In barter system, both parties have a mutual agreement/consent that the value received is equal to the value given ( which is quite subjective).
Then to using cowry shells like gold, silver, etc as a form of money through many centuries. Then the introduction of “paper money or fiat currency”. This is still the most commonly used medium of exchange globally.
And continue to advance thru online banking. And due to fast changing technology, the evolution of cryptocurrency emerge starting with bitcoin. Since bitcoin is still unregulated, the regulators should have to work faster than how fast technology works in order to regulate the evolution of the “future money”. I’m excited with this as well.
From the way we communicate, the continuing innovation of money to the way we do our shopping. INS is the first mover reinventing the way we shop, will capture the largest pie of the global consumers, since INS is the first to adopt it, will also gain competitive advantage through control of resources. Anyone that will be launching similar to INS would need the economic benefits and the ability to surpass what INS built or else will have created an inferior network with little incentives for others to use it.
Experienced team, expert advisors, reliable partners and huge supporters / backers
In investing, this are always in my list not just in investing in Philippine equities but more so in ICOs ( since mostly are unregulated by Securities and Exchange Commission (SEC), the investing public are not protected by scams, fraud).
The whole INS Ecosystem, is a package of experienced team, expert advisors, reliable partners and huge supporters / backers.
For more details, you can visit their website: https://ins.world/#founding_team or their blog here: https://blog.ins.world/
Other important information about INS Ecosystem:
Official website: https://ins.world/
Whitepaper: https://ins.world/INS-ICO-Whitepaper.pdf
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=2208591
Bounty link: https://bitcointalk.org/index.php?topic=2255023
Official channels at social media:
Facebook: https://www.facebook.com/ins.ecosystem/
Twitter: https://twitter.com/ins_ecosystem
Telegram: https://t.me/ins_ecosystem
Telegram bounty: https://t.me/joinchat/BxVKx0P0NsAeSZs1EPZ9Sg
Disclaimer: I only express my own opinions, views, insights and research. Risk is always part of any investment vehicle. So I advised that you should also do your part to understand it before investing and always managed the risk involve in order to maximize your returns.
Happy Investing!
Sources: INS Ecosystem, Philippine Statistics Authority, Inside Retail Philippines, International Monetary Fund, Bangko Sentral ng Pilipinas (BSP)
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