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Topic: [ANN] [ICO CLOSED] Inchain - insurance for the crypto economy - page 52. (Read 109157 times)

sr. member
Activity: 434
Merit: 250
Bountie- Do You Have Game?
wao, ico INCHAIN ​​already begun. I was delighted to see his web ico, very profesianal. congratulations on the opening of this ICO. Grin
yes i'm already sign up in http://ico.inchain.io/lk/index  Grin
member
Activity: 87
Merit: 10
wao, ico INCHAIN ​​already begun. I was delighted to see his web ico, very profesianal. congratulations on the opening of this ICO. Grin

Thanks!
hero member
Activity: 882
Merit: 500
wao, ico INCHAIN ​​already begun. I was delighted to see his web ico, very profesianal. congratulations on the opening of this ICO. Grin
hero member
Activity: 672
Merit: 501
I waiting link  registration ICO  inchain still open?

Hm, look the spam folder
or just go here: http://ico.inchain.io and register

oh my GOD,, where I click to registration ico ,, http://ico.inchain.io I not see??

Sorry my net is very sloww,,,
hero member
Activity: 672
Merit: 501
I waiting link  registration ICO  inchain still open?

Hm, look the spam folder
or just go here: http://ico.inchain.io and register

oh my GOD,, where I click to registration ico ,, http://ico.inchain.io I not see??
full member
Activity: 140
Merit: 100
Full stack ICO tools & services
I waiting link  registration ICO  inchain still open?

Hm, look the spam folder
or just go here: http://ico.inchain.io and register
hero member
Activity: 672
Merit: 501
I waiting link  registration ICO  inchain still open?
full member
Activity: 140
Merit: 100
Full stack ICO tools & services
Good luck guys. I was waiting for this ico to start for a long time Tongue

thank you)
hero member
Activity: 574
Merit: 500
Good luck guys. I was waiting for this ico to start for a long time Tongue
full member
Activity: 140
Merit: 100
Full stack ICO tools & services
member
Activity: 72
Merit: 10
i'm looking that. Waiting news.
full member
Activity: 140
Merit: 100
Full stack ICO tools & services
I must put my bitcointalk profile in settings ??

Nope, but if you participate in bounty it will be easiest for us to find you and give to you your bounty
full member
Activity: 336
Merit: 101
icowidgets.com
There are two options for using Augur as a platform for InChain insurance services development.
1. Global Augur project
2. Adopted 'private' and simplified Augur platform. Augur is an open source project, its smart contracts are available publicly.
Both options have advantages and disadvantages. But in the second case the InChain financial model can be absolutely identical to the one from technical task. It will be fully adjustable and configurable that is not possible with the global Augur project.

nixoid, what's your opinion? Will it be difficult to adopt the Augur smart contracts to your needs? How much could it cost?
member
Activity: 87
Merit: 10
I have received the mail for the Ico from http://ico.inchain.io

The ICO "wallet" page is very nice, looking great Smiley

Cheers mate, appreciate it
member
Activity: 87
Merit: 10
ICO have started! Good luck to developers team! Wish you thousands of Bitcoins  Cheesy

Many thanks!
legendary
Activity: 2590
Merit: 1089
I have received the mail for the Ico from http://ico.inchain.io

The ICO "wallet" page is very nice, looking great Smiley
member
Activity: 116
Merit: 10
ICO have started! Good luck to developers team! Wish you thousands of Bitcoins  Cheesy
member
Activity: 87
Merit: 10
member
Activity: 87
Merit: 10
Would you purchase the insurance policy as a trader for yourself?  
Also interesting point about Coinbase, what would they do if they got hacked and they do not have enough funds to recover all their accountholders?

I think the market really needs some insurance products.
Yes, I would purchase the insurance policy but under the certain conditions. Some time before I thought 3% is not expensive but now I think I would pay 2% max, 1% would be even better. I would also like to have an insurance against more events than just hacks. Exchange/wallet can lose some part of its assets not because of the hacks only. For example, earthquakes, fires, another catastrophes, hostile authorities actions, seizures, exchanges/wallets workers criminal activities, etc. I would absolutely purchase an insurance against my personal exchange account freeze or block. There may be scenarios when the exchanges clients funds will be closed/frozen selectively by the administration without any reason. This way the exchange can continue its operation for a long time taking away the users funds. And it won't be your insurance event in the current business model.

Regarding Coinbase, I am not its representative. I can only guess. As they say,
As you said everything depends on statistics which is pretty much unavailable because of the industry's very young age. Probably after Year 1 there will be more clarity on the market and we definitely have plans to add more events where our platform can be of some help.
full member
Activity: 336
Merit: 101
icowidgets.com
The InChain financial model can be implemented using Augur too (upon certain conditions and limitations of course). The essence of InChain financial model is in the following processes:

1. Trading with risks of the two event types. The event types are:
- Exchange X will be hacked
- Insurance fund ROI will be within the certain limits

2. Insurance fund management.

The first process can be implemented using Augur without any additions.
The second one can exist independently and will require the Voting System and the Insurance Fund. The voting system development is not complicated much and doesn't require 0.75M investments. The Insurance Fund can be managed both manually without any platforms (but still in trustless and decentralized manner) or with some platform, for example Iconomi. The assets fund is required in both implementations (with or without Augur).

Of course, developing own product has its advantages too. All existing options should be considered and explored with attention.
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