Every day we can see a a new journey started by a new coins, some are succes, some are a scams and some are a bad investments.
But there is also another category, category in which i would put Poplous, Veritaseum and our new coin InsureX.
As we all know Very coin has had a great impact on exchanges and right now it costs 164$from starting point of about 30-50$ a great succes if you ask me. People that invested in Veri on a ICO can say that they made a great deal, same as people that contributed to Pre-Sale of PPT ( Poplous ).
So you might ask why i am writing about those two coins? Well, i want to tell you that InsureX is the next to those two that will gain succes and will earn a lot of cash for you if you wont hesitate to invest even a little ammount of money.
For a single ETH you will get from 1,530 to 1,125 IXT, depends which stage you will get to. Is it a lot or not?
If you ask me, i would say that it is a lot.
But what is InsureX all about?
It is about marketplace created for the insurance sector and powered by blockchain technology where insurers, reinsurers, brokers and other market participants can connect and trade insurance products. Insurex is targeting mainly insurance institutions and companies who interact with them such brokers and other parties who provide specialist services.
The Insurance market itself is worth aproximately 4 trilion dollars USD or about 6 percent of global economic output. This is of course a data from the year of 2015 by suggesting volume of the gross premiums generated by the insurers on whole earth. You might ask yourself how much assets does insurance companies hold, right? Well, it is about 2 trilion USD as told by The Association of British Insurers. London is a capital of the global insurance market in Europe with a long history as a marketplace for all kinds of insurance. But the marketplace is not sufficent enough which is why insurance institutions are more often taking an eye on the blockchain technology to step into 21st century and provide more modern and streamlined alternative to theirs clients
As told from their website :
The InsureX marketplace is primarily for institutions such as insurers, reinsurers and brokers. Bringing these participants together directly results in an efficient, cost-effective and transparent marketplace.
InsureX is located near London which is as told before the capital of the insurance market and they are cooperating with some of the biggest insurers in the world and because of that they have a chance to create a new alternative to the old, innefficent system.
InsureX is planing to take commision from transactions that will be made on the market not to mention annual subsciption plan for members.
So, when will ICO start?
Crowdsale Structure
- Starts: 11th July
- Ends: 31st July
- Price: 1 ETH – 1,125 IXT
- Crowdsale pool: 100,000,000 IXT
- Reserve: 30,000,000 IXT
- Minimum goal: 1,634 ETH
- Maximum goal: 83,778 ETH
The total amount of token we are going to issue is 130,000,000. From that total amount 100,000,000 will be available in the crowdsale.
Name: IXT
The entire volume: 130 million
On ICO: 100 000 000
Reserve: 30 000 000
InsureX website and ICO
InsureX whitepapers
BitCoinTalk forum