Hello! Today we will talk about the ICO project InsCoin. In this article I will talk about the essence of the project, the problems that it solves and the details of the ICO.
About the project
I think each of you knows what insurance represents. Many probably insured their car, apartment, health of a loved one and so on. People do this in order to get outrage of damage from various insurance companies in a difficult situation in which they are caught. But not everything is as smooth as it seems at first glance. Because among insurance companies as in other industries there are scammers. And they come up with various excuses not to compensate for the damage to the person who insured something in their company. Let's give a few examples for you:
1. A person who insured something in any company is very difficult to obtain compensation for damage. The insurance company is unprofitable to pay compensation to each person, so they take various measures, just not to pay.
2. Almost in every insurance contract, you can see that in small print some words are written. And it is in this font that insurance companies prescribe proposals that say that you can not get compensation. Some people simply do not notice this font and remain with nothing.
3. Huge price of insurance. This is all done in order to make the insurance company more profit.
In general, there are a lot of examples. I just painted you about the most famous ones. And these are all serious problems with ease can solve ICO project InsCoin.
InsCoin will be the first insurance company to accept crypto currency as payment. The campaign uses blockchain technology. And this primarily speaks of security, reliability and transparency. With the help of blockchain technology InsCoin will eliminate various types of fraud. InsCoin will offer its customers insurance policies in the usual way, that is, paper and in electronic form as a smart contract. The policy of insurance in electronic form will certainly have a great advantage, such as transparent. This is when information about your own insurance will be available online. In addition, all of its data the client of the company InsCoin can keep safe and control who has access to them.
How it all works you can see clearly on the picture:
ICO Information
Token symbol - INSC
Standard - ERC20
Total number of tokens - 500'000'000 INSC
The price of the token is ETH = 5'000 INSC
Accepted currency is ETH
The minimum amount collected is 4,000 ETH
The maximum amount collected is 39,444 ETH
Team
The InsCoin project team is quite large and experienced. You can get acquainted with each of them on the official website or in the document.
Conclusion
The InsCoin project is certainly very promising. You can look at the ratings of the project, they are quite high and it says a lot. I liked the project myself. I will watch with great interest their development and my friends also recommend you to look at it.
Contacts
Website: https://inscoin.co
Whitepaper: https://inscoin.co/#whitepaper
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/
My Bitcointalk Username - Andruha1993
My Bitcointalk profile - https://bitcointalk.org/index.php?action=profile;u=1393268
My ETH adress - 0x4Cf2D2086D1C5BA2aCA459D63bb363b55284e36a