And what are you going to provide in this insurance ecosystem? For what is this ecosystem? Are you going to be like a broker or...? And why tokens is needed here?
Our insurance ecosystem provides... insurance!
Bamboo was developed by Archipelago, one of the biggest insurance groups in South-East Asia. Basically, the ecosystem and platform allow users to keep track of their health and get rewarded (with tokens) for improving it. These tokens can either be cashed out, providing a monetary reward, or by insurance upgrades, allowing users to save and get healthy at the same time.
I'd also like to invite you to check our website and whitepaper at https://tokensale.thebamboo.io/ for more in-depth information. Of course, any follow-up questions are welcome here, as well
If it's true I want to know why you chose CGCX to hold IEO? whereas CGCX is a new exchange and the volume is very low, so the chances of success are very very small
We have decided to partner only with Insured Exchanges. Because of this, we've selected CGCX.io to run the offering.
CGCX.io is also one of our early-stage investors, with a contribution of $1 million, as they believe in our vision and product. We are still exploring new and upcoming exchanges around the world that comply with our insurance policy, and that can onboard asset-backed tokens, so CGCX won't be the only platform where our IEO will launch.
You can see more details about all these at: https://www.reuters.com/brandfeatures/venture-capital/article?id=146254