INS - Developing Open Source Technology
Hello everyone, in this new post I would like to introduce about the INS project, and for more details let's just go to the following discussion:
About INS
INS is a decentralized ecosystem that facilitates the order fulfillment process and allows manufacturers to join it, publish their products for sale, carry out promotion and loyalty campaigns, and get feedback from consumers, enables consumers to order those products and vote for new products and manufacturers. The INS ecosystem has been validated by consumer interest and has received strong support from manufacturers.
At the INS Platform, every manufacturer controls product pricing and listing. The Platform aggregates all orders and sends requests to manufacturers who deliver products to smart distribution centers. Professional pickers at distribution centers collect orders and pass them to couriers. Couriers deliver orders to customers.
The main role of the INS is to develop the open source technology required for running the decentralized ecosystem and create a successful model to incentivize all participants.
The INS token is the only means of exchange for handling feature-rich & consumer-oriented marketing, bonus and discount campaigns within the INS ecosystem, and also serve as one of the currencies for buying and selling products.
This project will disrupt the existing grocery retail industry and become a new standard driving accelerated adoption and massive usage of the INS token.
Escrow
All payments received for INS tokens in connection with the INS token sale will be held in escrow in a multi-signature wallet. Keys will stay with the INS team and NSP, global legal provider. Established in 2006, Nektorov, Saveliev & Partners (NSP) focuses on providing legal solutions to corporate clients under Russian and foreign law, their areas of expertise include but are not limited to : digital economy , wealth management, banking and investments.
ICO duration
ICO campaign will end:
on December 25 11:00 AM (GMT)
or immediately upon reaching the hard cap (60,000 ETH).
The INS token is a core component of the INS ecosystem and is designed to facilitate all kinds of operations that make the token an integral part of the ecosystem and the driver for its economy. The INS token is fractionally divisible, transferable and fungible.The token balances and transfers will be tracked by INS. In the case of any force majeure, such as large token theft, contract compromise, or a disrupting change of Ethereum protocol, INS may opt to freeze token transfers and issue a new token contract with balances replacing that of the original token registry by certain date. In the case of an Ethereum fork, INS will properly announce which branch it will support.
INS Token Contract Address: 0x5b2e4a700dfbc560061e957edec8f6eeeb74a320
TOKEN SALE
SUMMARY
Start date: 11:00 AM (GMT) on DECEMBER 4, 2017
Payment methods: BTC, ETH, LTC, DASH, USD (bank transfer)
Soft cap: 20,000 ETH
Hard cap: 60,000 ETH
Token exchange rate: 1 ETH = 300 INS tokens
Total token supply (max): 50,000,000
Min purchase: 0.1 ETH
INS team’s tokens are locked for 2 years with four 6-month vesting periods
- Advisors’ and early supporters’ tokens are locked for 6 months
- The Reserve Fund’s tokens distribution will start in 2019 and last for up to 2 years with the primary goal to incentivize new customers to join and accelerate adoption of the INS ecosystem by broad audiences.
Associated Exchanges with INS
Milestones
To find out more. You can connect more with INS on the link below:
WEBSITE: https://ins.world/
WHITEPAPER: https://ins.world/INS-ICO-Whitepaper.pdf
FACEBOOK : https://www.facebook.com/ins.ecosystem/
TWITTER: https://twitter.com/ins_ecosystem
TELEGRAM: https://t.me/ins_ecosystem
BitCointalk username: Aray80
Profile link: https://bitcointalk.org/index.php?action=profile;u=1324910
ETH Address: 0x61379f78587FaF5cd5e8006007Dd97AF8b6b966F
Coins mentioned in post: