Cryptocurrencies: 2615 / Markets: 20878 Market Cap: 24h Vol:

Description

Description


Insure Network is a decentralized Insurance platform powered by blockchain technology, connecting billions of citizens of Earth.

The INR token is an Ethereum-based (ERC20) cryptocurrency. It will be the medium of exchange value within the platform.

Full Name Insure Network (INR)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://www.insurenetwork.io
Twitter @Insure_Network
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
ICO Details

ICO Details


Insure Network is a decentralized Insurance platform powered by blockchain technology, connecting billions of citizens of Earth.

The INR token is an Ethereum-based (ERC20) cryptocurrency. It will be the medium of exchange value within the platform.

Team:

  • Jee Ju: Founder & CEO. 
  • Paul Ambrose: Co-Founder, CFO. 
  • James Yoon: Co-Founder, COO. 
  • Konmin Lee: Co-Founder, CIO. 

Insure Network ICO will begin on June 1, 2019. The ICO token supply represents 49.9% of the total token supply, so there is a total of 499,000,000 INR tokens available, for 0.10 USD each. The ICO funding cap is 47,900,000 USD and is expected to end on June 30, 2019, or when the funding cap is reached.

Token Reserve Split (50.1%):

  • 25% Emergency Reserve for Collaterals;
  • 12.5% Founders and Team;
  • 6.5% Advisory Board, Legal Support;
  • 6.1% Community & Partners.

Insure Network ICO features the following bonus structure.

Bonus Structure:

  • PRIVATE STAGE
    Fundraising goal: 1.000.000USD
    Bonus applied at Private investment stage: 100% Token price: $0.1/INR
    Number of INR offered at PRIVATE Stage:
    [1.000.000USD/(0.1USD/INR)]x(200%/100%) = 20.000.000INR 50% INRs offered to private stage investors are prone to vesting period.

  • PUBLIC STAGE
    Fundraising goal: 47.900.000USD
    Bonus applied at Public investment stage: 0% Token price: $0.1/INR
    Number of INR offered at PUBLIC Stage:
    [47.900.000USD/(0.1USD/INR)] = 479.000.000INR
    All INRs offered to public stage investors are not prone to vesting period.

ICO Status Upcoming
Token Supply 1000000000
Start Date 2019-06-01
End Date 2019-06-30
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) 0.10
Security Audit Company N/A
ICO Legal Form Corporation
ICO Jurisdiction Republic of Korea
Legal Advisers N/A
Blog https://medium.com/@insurenetwork
White Paper https://www.dropbox.com/s/uk79mgsuw33oayr/Insure%20Network%20Whitepaper%20version0.4.pdf?dl=0
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer