Topic: 💥🚀[ANN] INSOLAR - Distributed Business Networks - page 210. (Read 60954 times)

INS received strong interest from some of the largest grocery manufacturers in the world. Select companies who have signed memoranda of understanding with INS include:

UNILEVER, a Dutch-British transnational consumer goods company with $54 billion in annual sales in 2015 co-headquartered in London, UK. Its products include food, beverages, cleaning agents and personal care products. It is the world's largest consumer goods company. Unilever is one of the oldest multinational companies; its products are available in around 190 countries.

MARS, an American global manufacturer of confectionery, pet food, and other food products with $33 billion in annual sales in 2015, and is ranked as the 6th largest privately held company in the United States by Forbes.

FRIESLANDCAMPINA, a Dutch dairy cooperative whose main brands include Friesche Vlag, Chocomel, Fristi, Dutch Lady, Appelsientje, Milner, Campina, Landliebe, Optimel, Mona and "Mix'it". It is one of the top 5 dairy companies in the world with annual revenue of €11 billion in 2016. FrieslandCampina has branch offices in 33 countries, employs a total of 22,000 people, and sells products in more than 100 countries.

VALIO, a Finnish manufacturer of dairy products and one of the largest companies in Finland with more than €2 billion turnover. Valio's products include cheese, powdered ingredients, butter, yogurt and milk. It is Finland's largest milk processor, producing 85% of the country's milk. Valio's product range currently consists of about 1,000 products. Valio is Finland’s biggest food exporter and sells products to nearly 60 countries.

RECKITT BENCKISER, a British multinational consumer goods company with $12 billion in annual sales in 2015 headquartered in Slough, UK. It is a producer of health, hygiene and home products.  Its brands include Dettol, Strepsils, Veet, Airborne, Air Wick, Calgon, Clearasil, Cillit Bang, Durex, Lysol, Mycil and Vanish. Listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

How solid are your partnerships with the manufacturers?

There is 20% reserve fund.

How much tokens will be reserved??

Yes, INSP​ ​provides​ ​an​ ​additional​ ​5%​ ​bonus​ ​to​ ​purchase​ ​INS​ ​tokens​ ​during the​ ​Token​ ​Sale. And you can send them to any ethereum accounts in order to provide them the bonus also (friends or partners for example).
Please, wait for more details, we'll publish the detailed instructions on how to use these tokens in the official channel.

It states that I can send INSP tokens to my friends and family and they can also get 5% discount. Is this true.? That is the only purpose of INSP tokens? You could have given 5% discount to everyone rather than this.

Participants of the INS Ecosystem will benefit from lower prices, fast and hassle-free delivery. Also, they will receive bonuses through rewards and loyalty programs.

You can only use INSP promo token to receive bonus when buying INS tokens during ICO.
Or you can share them with friends if they are planning to buy INS tokens.

Lowest investment is 0.1 ETH.

Everything is perfect but how come the investors in your ICO will get benefited by buying the INS tokens in the ICO. They only make profits when the price of INS increases right or there any other different forms making money for the investors.

Our escrow services are provided by NSP (http://www.nsplaw.com/en/) Funds. All funds are kept in escrow in ETH and USD.

We will offer rewards and loyalty programs, too, for both consumers and manufacturers. The participants of these programs will receive INS tokens.

We use Etherium (EIP 20) because it is improved standard.
After ​the ​ICO ​period, ​all ​contributors ​will ​receive ​an ​EIP20 ​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.
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.

Hello.
All grocery and common household items sold within INS Ecosystem can be purchased only with INS token. However, it depends on you what currency do you use to buy INS tokens.
Consumers choose products to buy, specify delivery details, and pay in fiat, BTC, ETH or INS tokens. Depending on the payment method, consumers will be eligible to different prices and rewards.

Payment ​method                    Prices                                                                        Access ​to ​rewards
Fiat ​currencies                       general ​prices ​+ ​2-3% ​card ​fees                                  Limited
BTC, ​ETH                              general ​prices ​+ ​transaction ​fees
                                           ​(e.g. ​Ethereum ​gas price)                                             Limited
INS ​tokens                            general ​prices ​+ ​almost ​0% ​transaction ​fees                  Full

Consumer can order products using the official INS website, the official app or a derivation of the ​official ​app ​released ​by ​a ​specific ​manufacturer.

As far as we are aware, there no similar projects aiming at decentralization of the grocery market.
INS is the first global decentralized ecosystem that will enable consumers to buy groceries directly from manufacturers conveniently and at lower prices.

INS will facilitate the direct interaction between consumers and manufacturers. Bypassing retailers and wholesalers means a more personalized and transparent grocery shopping experience at lower prices. Consumers will be able to decide which brands they want and goods they need.

INS will enable manufacturers to create bespoke marketing programs to promote their goods directly to the consumers. These programs run on smart contracts and powered by the INS token as a means of reward. It is similar to miles-based reward programs of many airlines, but more advanced, cheaper to run and personalized thanks to smart contracts behind them.

A more detailed description of the project is available on our website, in the whitepaper www.ins.world

What are other players on this market?

Will there be any discounts to pay an order in other cryptocurrencies or tokens ?

What currency will be used to store the funds raised? And where exactly?

What for is an escrow for this type of project?

What is the difference of your project from many others already existing?