INSCOIN: Giving The Desired Change

July 30, 2018

INTRODUCTION

KNOX Company is the first insurance company to bring about a collaboration of the real world with the recent innovations of the digital world, It seek to resolve the issue of certificate forgery, cyber theft, which is still the major area of concern in the insurance industry with the aid of the blockchain technology.

HOW DOES INSCOIN WORK?
This new project is under development and used for the ICO Knox Project. And the whole project was developed to help improve customer relationships with total and full transparency. There is a lot going on with the new company, and there is quite a lot of information on the company website. Not only that, but the information on the website is broken down into several different sections, all of which are easy to navigate through and give you everything you need to learn about incoins.

INSCOIN TECHNOLOGY
InsCoin will issue insurance in both forms using smart contract and via traditional pen and paper method. more so, Knox insurance company policy will be developed to be fully automated and exclude the possibility of conflict of interest between the parties involved. INSCOIN will start to manage cyber risk with a three Lines of Defense model which are; Generally, IT and the CISO, make up the first line of defense, implementing and executing the information security strategy. All for the sake of tracking most of them and equally curbing this malicious act through the use of these above mentioned security software with full encryption.

It is obvious that knox Company operates in this platform by; Creating an individual profiles for brokers with their personal wallets, introducing a Possibility for brokers to create a primary profile for their clients, alongside an identification code well encrypt with their corresponding wallet, Download all necessary policy functions for evaluation and quotes etc.

INITIAL COIN OFFERING UPDATES

Pre-ICO starts: June 23, 2018 Pre-ICO ends: July 7, 2018
Soft Cap: 4’000 ETH
Hard Cap: 39’444 ETH

Symbol: INSC
Tokens for sale: 270’000’000 ISNC
Total Supply: 500’000’000 INSC
Exchange rate: 1 ETH = 5’000 INSC
Pre-sale Price: 1 INSC = 0.0002 ETH
Accepted currency: ETH
Bonuses: Up to 30%

TOKEN DISTRIBUTION

A percentage of the token will be distributed to all categories of persons who contributed to the development or success of the platform, below is a diagram illustrating the means of token distribution;