Topic: 💥🚀[ANN] INSOLAR - Distributed Business Networks - page 194. (Read 60954 times)

We plan to choose cities for expansion based on the population size, income level and grocery market concentration ratio. The preliminary list of target cities includes New York, Los Angeles, London, Paris, Hong Kong, Seoul, Singapore and Tokyo. We plan to actively engage independent fulfillment center owners to join the ecosystem accelerate expansion and enhance its decentralized nature.
Thanks for your support!

Thanks for the answer! I really like your project. When do you estimate to start your project in Russia? I am curious to try it!

The blockchain is an ideal fit for this model since it allows one to record the flow of goods and sync the parties together.
Blockchain enables us to trim costs. It shortens the supply chain and creates a decentralised environment with more options and lower prices than traditional retail.
Yes, White Paper.
We’re excited to soon share more news on our platform and greatly look forward to launching our working prototype in the coming weeks.

The manufacturers that have already expressed their interest will (extremely likely) , during the initial stages of our project, use their immense marketing/advertising channels to support the development and adoption of our system.
We will not have to promote it alone,as a standalone platform without partners. It can be represented as a new and convenient way to buy the products that consumers already like and perhaps new ones that manufacturers will gladly present on our platform.
- You have to take into account B2B sales as well, when thinking of our customers. Very often companies (represented by office managers for example) need regular deliveries to provide catering to their office spaces. That is a very good case which in our opinion can demonstrate the efficieny of our platform too, not just regular shopping experience.
Unsold tokens will be burnt only after ICO.
You can deposit now to become an erly bird and get bonus.

I just think that this whole system could work without blockchain technology. What is the document you are referring to? White Paper?

Also, where can I try the prototype of your system?

INS is implementing a decentralized ecosystem enabling consumers to save up
to ​30% ​on ​everyday ​shopping ​buying ​directly ​from ​grocery ​manufacturers.
The first milestone is the implementation of the decentralized INS platform. We always
welcome feedback from the community regarding the specifics and plan to continually improve
the ​platform ​to ​make ​it ​fully ​secure ​and ​transparent.
The main part of the decentralized platform will be implemented as a set of smart contracts
carrying ​out ​the ​behaviors ​described ​in ​the ​INS ​platform ​section ​of ​this ​document.

In which ways the company will gain money?Will you burn tokens in future during the every transaction?Project looks like very perspective.So can I contribue before ICO start or what r u talking above?

Hello! You both will gain the bonus! INSP tokens are created not only in means of gaining bonus for one concrete person but also in means of sharing and providing this bonus to friends!

What happens if a friend sends me some of his insp tokens? Will he lose than some Bonus or will we Profit Both?

Could you please explain, why you need decentralized scheme here, how it is implemented and what are benefits of it in your project? Thanks

We appreciate your support!

Next big thing in blockchain. I really looking forward for this project.

Could you please clarify what exactly you mean?

And for how long have you been operating??

We're at R&D stage but as we’re also keen to create new best practices for the wider crypto community, we have proactively decided to launch INS platform prototype to share with our community, our supporters, and our partners in advance of our token sale. We’re going to make this launch ahead of schedule and earlier than promised.

Is there a working product?

Hello! We recommend to make a deposit before the launch in order not to be late on the first date of token sale.

is there an advantage to moving ETH into the tokensale.ins wallet now or can wait until closer to the ICO date?

- About 15-20% of the INS systems turnover will be spent in tokens on marketing by the manufacturers. Accordingly, about 15-20% of payments will also be generated in tokens, as they will be directly received from the manufacturer as a result of marketing
- Also, 10% of whole manufacturer's sales in tokens , the manufacturer keeps it on platform for future marketing and other situations.
- With the turnover increase in INS system will grow the turnover of INS tokens
- Number of tokens is limited (50 million max) so you can understand the outome

WHY INS ECOSYSTEM NEEDS OWN TOKEN
INS ECOSYSTEM IS DESIGNED AS A HIGH-LOAD PLATFORM
The INS Platform is designed as a very high-load system. The market potential for INS Ecosystem consists of billions of users, each of them making dozens of orders per year. The main focus is on performance, in which we seek smart contracts support, predictability, stability, and ease of use. We plan to use the most proven and scalable open source technologies and constantly monitor alternative technical implementations.
As the existing blockchain platforms such as Ethereum have inherent limitation in transaction bandwidth (currently limiting to a dozen tx/sec), and prospective platforms and frameworks are only in the development stage, we also consider designing and developing our own INS blockchain platform in the future, where nodes are selected from a semi-trusted set of supporters. Given the trust in the nodes, we will implement one of much faster consensus algorithms from the BFT family (HoneyBadgerBFT/Zyzzyva/others), enabling up to thousands transactions per second. A smart contract virtual machine will run on top of the consensus algorithm. The state of the INS blockchain will be regularly anchored to the most popular smart contract ledgers (at least ETH) so that proofs of state and proofs of transaction (within INS) can be verified by Ethereum smart contracts (like it is currently done in BTCRelay or will be done in the future in Plasma). Common optimization techniques such as state sharding and payment channels will be also implemented.
After the ICO period, all contributors will receive an ERC20 exchangeable INS tokens on the Ethereum network. Whenever the INS blockchain is launched with its own token mechanism, the EIP20 token will be always accepted for exchange to a new token 1-to-1. 
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.

TOKEN SERVES AS A STANDALONE UNIT TO ACCESS SERVICES ON THE PLATFORM
The INS token built to provide bespoke logic for producers to form a loyal base of customers. It’s used to facilitate marketing, bonuses, discounts that could not be efficiently handled in fiat/ETH/BTC. The INS token gets utility value from the services it gain you access to - direct-to-consumer marketing. Over time, the token utility value increases as manufacturers who want to market their goods can get more services (additional types of marketing campaigns) using the token.

TOKEN HELPS TO GROW A COMMUNITY AND PRESERVE THE VALUE INSIDE
INS Ecosystem will be expanding beyond the crypto community and focusing its activity on the broad audiences. Manufacturers will be able to reap value that they would not receive otherwise . As the INS token is adopted by more consumers and suppliers, the network effect of the INS ecosystem will grow, building the value of the ecosystem for the benefit of ecosystem participants. INS is going to add value to the INS community (expansion to new cities, adding new types of services), and while INS Ecosystem has own token, that value benefits the INS community. If no own token, the value may freely leave the community.