INSCOIN (What is InsCoin for Knox)

What is InsCoin for Knox

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.

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The insurance policies issued by Knox Insurance will be both in traditional paper form and in the form of smart contracts, allowing the customer to monitor their policies in real time, in full transparency and safety. Thanks to the platform developed by knox insurance, the policies will evolve to become fully automated and eliminate any possibility of conflict of interest between the parties involved.

Insurance companies will be established in Lisbon, Dubai and the Bermuda Islands, to allow Knox insurance to operate in different legislations and allow a token economy on a global scale.

Why can the Blockchain change the Insurance Industry

● For Costumers
- The smart contract prevent the diffusion of fraudulent insurance policies because it is the same system that will issue them after receiving payment.
- The customer has total control of the insurance police written in the Blockchain, checkable by anyone at any time.
- The customer, through the WEB and Mobile platform, can acces all the company's services and verify his policies

● For insurance company
- With the smart contract, there will be no delays in collecting premiums, this will significantly improve the company's cash flow.
- Thanks to the Blockchain, a fraudulent policy can never be charged to the Company.
- Blockchain improves operational processes and ensures a totally unassailable security system.

● For Bokers
- Earning credibility in front of policy holders and beneficiaries
- Instant check of his admin report
- Immediate allocation of commissions.

HOW IT WORKS ON

BLOCKCHAIN

The certification of the authenticity of the policies will be carried out partly on the internal platform of Knox Insurance and partly on the Blockchain of Ethereum. At the end of the certification process, will be issued a smart contract  that combines the authenticity and coverage of the policy while respecting the privacy rights of the contracting parties.

Deflation Plan and Token Economy

15% of the supply (Broker WhoSaler reservers) will, at the end of the ICO, be temporarily blocked by a smart contract for 1 year. Starting from this basis we have foreseen a further controlled reduction of the working capital based on the sale of insurance policies.The collection of premiums in inscoin is articulated like this:

● For premiums < $ 1'000'000 1% must be paid in INSC.
● For premiums < $ 100'000 3% must be paid in INSC.
● For premiums < $ 50'000 5% be paid in INSC.
● For premiums < $ 10'000 10% must be paid in INSC.
● For premiums < $ 500 20% must be paid in INSC.

The inscoin collected per single policy, as soon as received by the company, will be blocked by a smart contract for a period of one year. After this, they will subsequently be released at a quarterly rate of 25% of the total received and used to support the increase in turnover of the three companies and ensure a healthy token economy.

Token Sale

Detail

Ticker: INSC

Type: ERC20

Supply: 500'000'000 INSC

Price: 1 ETH= 5'000 INSC

● Pre-Sale 1st Phase

June 23 - 30

Cap: 1'000 ETH

Bonus 30%

● Pre-Sale 2nd Phase

July 01 - 07

Cap: 1'500 ETH

Bonus: 27.5%

● Pre-Sale 3rd Phase

July 08 - 15

Cap: 5000 ETH

Bonus: 25%

● Token Sale

July 23 - August 30

Cap: 31'944 ETH

Bonus from 20% to 0%

Bonus

● Additional Bonus based on investment

● Broker

Tokens Alocation

● 54% - Token Sale

● 15% Broker

WholeSaler

● 10% - Team & Advisors

● 10% - Broker Network partnership

● 9% - Reserve for the 3 companies

● 2% - Aidrop & Bounty program

Use of funds

● 60% - Insurance Companies Set-up

● 20% - Platform Development

● 10% - Marketing

● 10% - Reserve Fund

Roadmap

We have already made significant investments and closed important collaborations with market players in the Pre-ICO phase.  Our in-depth knowledge of the insurance world has enabled us to draw up this roadmap as accurately as possible.

● March 2017
- Study project realization
Team Building establishment of the first collaboeative network

● May 2017
- Forecast Business plan
Legal consulting €150.000

● Jully 2017
- IT isurance licensed platform
Invested €300.000 for certified insurance flatform

● October 2017
- Insurance partnership
Partnership with more than 300 insurance brokers ready to work with the companies

● June - August 2018
- Token Sale
Start of the Token Sale

● September 2018
- Trade inscoin on the main exchanges
InsCoin will be listed on main exchanges to guarantee easy implementation to future customers of the companies and proper volumes compared to our income.

● Q3 2018
- Compliance to obtain insurance license
We will obtain autherizations fromofficial authorities of the theree nations to provide legal insurance service.

● Q4 2018
- Introduction of internal platform
With it the customer will be able to access its policy via smart contract.

● Q4 2018
- Smart contract in the insurance busines
The smart contract will be more protagonist of the insurance industry.

For more information please visit:
(ANNTHREAD)(WEBSITE)(TELEGRAM)(STEEMIT)(FACEBOOK)(TWITTER)(LINKEDIN)

Author: Xarius
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2225613

HUMAN COIN (is set to herald a new era for charity)

HUMAN COIN

is set to herald a new era for charity

Humancoin is a revolutionary platform bringing about the synergy of philanthropy industry, retail e-commerce and cryptocurrency markets, which together have a combined value of $3.5 trillion.

Why is Humancoin a breakthrough blockchain project

Humancoin unites philanthropists and recipients of funds on a single P2P platform in the most convenient and transparent way possible.

The blockchain platform fuelled by the “mined” Humancoin token will breathe new life into the charity industry, proving an engine of growth.

While at the same time becoming a premier global loyalty program for an increasing number of partners in e-commerce.

● Why own Humancoin

- The Humancoin tokens can be easily convertible into any points, miles, bonuses, coupons. Token owners will be incentivized to hold them to take advantage of attractive benefits and this provides a long-term, stable demand for tokens

- As the number of partners and the scope of cooperation within the Humancoin Network grows, so does the popularity of the token

- The Proof of Charity “mining” concept allows the project to scale hundreds and thousands of times

● Unique features of Humancoin

- This is the first ever blockchain project that has the potential to become a global e-commerce loyalty program aggregator

- Association with philanthropy gives its tokens a unique advantage in developing loyalty programs with partners creating a strong emotional resonance

- Instead of competing with existing programs, the Humancoin token is effortlessly integrated into already existing systems — all it requires is setting a conversion rate

● Problem: lack of trust

- Doubts over whether the contribution will reach the recipient in full and on time, and a lack of trust in charities

- High operational costs of the transactions, the complexity of cross-border payments, as well as dealing with regulatory agencies

- Inability to discern any additional benefits for making a donation

Huge competition in e-commerce with the most pressing challenge being to retain existing customers.

● Solution: Humancoin is the currency of kindness

- Blockchain solves the trust issue by providing transparency, traceability and security

- Donors can quickly make donations worldwide, monitor their expenditure online, receive benefits from the platform's partners

- The symbiosis of e-commerce and cryptocurrencies will facilitate an increase in the number of donors

Among the project's partners will be large online stores, service businesses, gaming and entertainment industries, airlines, cryptoexchanges, international corporations, regardless of whether they operate with cryptocurrencies or not.

How it works

The platform provides the opportunity to fully track donations online, as well as voting and ranking for projects and philanthropists along with other features.
There is also the option to receive a receipt for each donation to use for tax deduction purposes depending on the donor's tax jurisdiction.

The future expansion of the project will be financed by the 5%-fee raised from the funds collected for charity projects, which is 4 times lower than the market average.

The funds raised at the Token Sale will be spent on the development 
of the project in 2019.

There will be additional token emissions (mining), 100% tied to the actual volume of charitable donations (Proof of Charity).

 Roadmap

● 2017 — Q1 2018

- development of the project idea

- establishment of the core team and the pool of early backers

- сonsultations with the charity community and experts on loyalty rewards

- final shaping of the team

● Q2 2018

- start social media and PR campaign

- preparations for the Token Sale

● Q3 2018

- Token Sale

- development of the platform and expansion of the team

- preliminary negotiations with the program partners

- MVP

- conclusion of agreements with anchor charitable foundations

● Q4 2018

- completion of the Token Sale and listing on cryptoexchanges

- launch of the charity platform in beta

- conclusion of agreements with
e-commerce partners

- completion of the establishment of the legal structure

● Q1-Q2 2019

- the platform enters operation

- collection of funds for charities and distribution of tokens to benefactors further development of the platform

● Q3-Q4 2019

- full functionality of the platform

- extension of the list of
e-commerce partners

- extension of the list of  charitable foundations

For more information please visit:
(WEBSITE)(WHITEPAPER)(ANN)(TWITTER)(FACEBOOK)(TELEGRAM)(REDDIT)

Author: Xarius
Bitcointalk Url: https://bitcointalk.org/index.php?action=profile;u=2225613