Topic: 💥🚀[ANN] INSOLAR - Distributed Business Networks - page 273. (Read 60954 times)

And what is the practical use of your ecosystem?

INS Ecosystem is designed to solve multiple problems and make e-commerce easier, better, more efficient and less expensive for both manufacturers and consumers by :
- Eliminating the retailer’s power abuse factor by completely bypassing wholesalers and retailers, which will result in lower prices for the consumers and lower expenses for manufacturers;
- Reducing supply chain and logistics inefficiencies, allowing more local manufacturers to be more accessible to the consumers;
- Reducing waste in various areas of the supply chain;
- Replacing conventional trade promotions by more personalized , direct and efficient marketing, designed by the manufacturer for their consumers.
Please feel free to study our whitepaper and presentation at https://ins.world/ where we describe in more detail all the challenges of the modern grocery market and offer our vision on how to solve them for the benefit of everyone.

Join INS Ecosystem's Bounty Campaign. Total 500,000 INS tokens equivalent to $500,000 are reserved for the Bounty Campaign. Learn more here - https://bitcointalksearch.org/topic/500k-bountyico-ins-ecosystem-connecting-consumers-and-grocery-manufactur-2255023

What actual problems does your company solve?

That's awesome! This project is huge, I especially like the coverage of the asian region!

We plan to choose cities for expansion based on the population size, income level and grocery market concentration ratio. The preliminary list includes New York, Toronto, Los Angeles, London, Paris, Moscow, Hong Kong, Seoul, Singapore and Tokyo.
In 2018-2019, we expect to lease and operate fulfillment centers to accelerate adoption by manufacturers and consumers.
During this period and beyond, we plan to actively engage independent fulfillment center owners to join the INS ecosystem, further accelerating expansion and enhancing the decentralized nature of the ecosystem.

Ok, sounds ok, how are you going to roll out the infrastructure? Where to start and so on

Classic venture capital firms are very rarely invest in non-profit or nearly non-profit organisations.
The funds collected will be spent on developing the software needed to operate the INS Platform, rolling out the infrastructure and driving adoption of the INS ecosystem by manufacturers and consumers.

Maybe you mentioned it before, but still...why you decided to ico your project, why not just to make it with investors' money?

We are currently exploring and analyzing different options from IPFS to Storj

The whitepaper mentiones a distributade storage (database). Did you already pick one of the existing blockchains that offer that or are you building your own?

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 relationships with the manufacturers?

It's over already. So please, wait for ICO. It will start 27/11/2017 11:00 AM GMT

But I guess there wont be a pre-sale before that, right?

ICO campaign will start on November 27 11:00 AM (GMT) and end on December 25 11:00 AM (GMT). So it will last 28 days.

How many days does ICO last?

Yes.
"INS received strong interest from some of the largest grocery manufacturers in the world.

Companies who have signed memoranda of understanding with INS include:
* UNILEVER
* MARS
* FRIESLANDCAMPINA
* VALIO
* RECKITT BENCKISER"

Is reckitt benckiser your partner?

INS token is an Ethereum-based EIP-20 token. Token holders can easily store and manage their INS tokens using existing Ethereum clients, including the official Ethereum wallet, Mist, or MyEtherWallet.

DO NOT send funds from the accounts on exchanges! You don’t have access to your private keys for accounts on exchanges, so you won’t have access to INS tokens!