great video explanation, rooting for insurepal
Topic: [ANN] [IPL] InsurePal | Distributed social proof insurance - page 49. (Read 12662 times)
if eth price rises, is there a chance crowdsale is already over?
I don't think so. Every project aims to sell his tokens offered for sale irrespective of the price. So even if eth prices go up or go down crowdsale token share(% of token supply offered to crowd) would be the same.
Insurepal Facebook reached 50k followers
https://www.facebook.com/InsurePal/
If we look all social network - Insurepal have a big community...and that before crowdsale
Awesome
https://www.facebook.com/InsurePal/
If we look all social network - Insurepal have a big community...and that before crowdsale
Awesome
This is important for security. Read slowly
[FULL] STEP-BY-STEP GUIDE FOR CONTRIBUTING ON INSUREPAL WHITELIST PRE-SALE AND CROWDSALE
We prepared a detailed guide with pictures, that will help you to prepare and execute your contribution to our whitelist pre-sale/crowdsale.
WARNING: PLEASE FOLLOW THE STEPS AND INSTRUCTIONS CAREFULLY IN ORDER THAT YOU WILL BE ABLE TO SAFELY PARTICIPATE IN THE IPL TOKEN WHITELIST SALE AND CROWDSALE. Missing a simple step might result in you not being able to participate or in the worst-case scenario even in you losing your investment.
Major steps for your safe investment:
Open a private Ethereum Wallet
Acquire Ethereum
Transact Ethereum to your private Ethereum Wallet
Register and pass the KYC process
Contribute
If you already have fulfilled any of these steps (when investing in cryptocurrencies before), you of course just do remaining steps to closeup the investment.
Disclaimer: All instructions and steps are based on best practices on security and ease of use. There are several other approaches and solutions, that are not appropriate for users without advanced knowledge on the blockchain technology and software.
Whitelist pre-sale and Crowdsale features and warnings
ONLY Ethereum (ETH) cryptocurrency will be accepted in contributions.
In order to acquire IPL Tokens on Whitelist pre-sale or Crowdsale, you will be able to contribute Ethereum Cryptocurrency only. Sending other cryptocurrencies (Bitcoin — BTC, Litecoin — LTC etc.) at the process of contributing will result in a permanent loss due to technical limitations of the process.
WARNING: Use PRIVATE Ethereum wallets for contributing, NOT Online Exchange accounts.
Please do NOT send Ethereum from Online Exchanges (Bitstamp, Kraken, Bittrex, Livecoin, Bitfinex etc.). Each of Ethereum addresses at Online exchanges are specially dedicated for only one cryptocurrency (e.g. Ethereum) and are unable to handle issued IPL Tokens. Sending Ethereum directly from Online Exchange account will most probably result in a permanent loss of your IPL Tokens or at least months of negotiating with Online Exchange’s Support.
Create and contribute from your own, private, ERC-20 compatible, Ethereum wallet. There are several ways to create your own wallet, we will describe some in later steps.
Phases are time limited
Contributions in Ethereum will only be accepted in certain time frames, that will be publicly announced on our webpage and social media. Please be sure not to miss your opportunity to contribute due to preparation process. Be aware that some steps can be time consuming, for example:
verification (if needed) on the Online Exchange (up to 2 weeks),
bank transfers (2–5 working days),
confirmation of your KYC personal data (depends on the amount of applications).
STEP 1: Open a private Ethereum wallet
There are several ways to open your private Ethereum wallet. What does it mean that it is “private”? It means, that you have the access to your private key, a string of numbers and letters, that must always stay secured — never share it with anyone. For security reasons, these private keys are often additionally encrypted with your own password.
General (most common) Ethereum wallet use-cases:
keystore file (UTC/JSON) + password, generated on MyEtherWallet.com web page and saved on several secured locations (recommended option),
full node, desktop software solutions — Mist, Parity. Wallet synchronization can take up to several days. (good choice for advanced users),
hardware wallets, such as Trezor and Ledger, that will keep your private keys secured (advanced use-case, recommended for increased security) and
metamask for usage in browsers (for advanced users only).
Creating private Ethereum wallet with MyEtherWallet.com
We will describe the most common use case: Opening a private Ethereum wallet with myetherwallet.com If you already have an ERC-20 compatible wallet, please go directly to Step №2 below. If you do not have it yet, please read the instructions below in every detail.
WARNING: When using myetherwallet.com in your browser, always check, if you are on a legit website. Never click on links on other webpages or in mails, that can lead you to malicious phishing websites, that are perfect copies of original site. Using these malicious sites you will reveal your wallet (keystore & password) to hackers, that will irreversibly take all your funds from your wallet! You must see a proper address and certificate:
IMPORTANT: myetherwallet.com site operates offline and will only propagate signed transactions to Ethereum blockchain. Be sure that a computer which you use to open this website through a browser, is properly secured with a firewall and an antivirus software.
To open/generate a wallet on MyEtherWallet, please visit https://www.myetherwallet.com/ and choose a strong password (e.g. not less than 15 characters long, consisted at least from one lowercase, one uppercase, one numeric sign). Choose the “Create New Wallet” button to confirm.
more is here with pictures
https://medium.com/insurepal-blog/full-step-by-step-guide-for-contributing-on-insurepal-whitelist-pre-sale-and-crowdsale-6d6e880c80b0
[FULL] STEP-BY-STEP GUIDE FOR CONTRIBUTING ON INSUREPAL WHITELIST PRE-SALE AND CROWDSALE
We prepared a detailed guide with pictures, that will help you to prepare and execute your contribution to our whitelist pre-sale/crowdsale.
WARNING: PLEASE FOLLOW THE STEPS AND INSTRUCTIONS CAREFULLY IN ORDER THAT YOU WILL BE ABLE TO SAFELY PARTICIPATE IN THE IPL TOKEN WHITELIST SALE AND CROWDSALE. Missing a simple step might result in you not being able to participate or in the worst-case scenario even in you losing your investment.
Major steps for your safe investment:
Open a private Ethereum Wallet
Acquire Ethereum
Transact Ethereum to your private Ethereum Wallet
Register and pass the KYC process
Contribute
If you already have fulfilled any of these steps (when investing in cryptocurrencies before), you of course just do remaining steps to closeup the investment.
Disclaimer: All instructions and steps are based on best practices on security and ease of use. There are several other approaches and solutions, that are not appropriate for users without advanced knowledge on the blockchain technology and software.
Whitelist pre-sale and Crowdsale features and warnings
ONLY Ethereum (ETH) cryptocurrency will be accepted in contributions.
In order to acquire IPL Tokens on Whitelist pre-sale or Crowdsale, you will be able to contribute Ethereum Cryptocurrency only. Sending other cryptocurrencies (Bitcoin — BTC, Litecoin — LTC etc.) at the process of contributing will result in a permanent loss due to technical limitations of the process.
WARNING: Use PRIVATE Ethereum wallets for contributing, NOT Online Exchange accounts.
Please do NOT send Ethereum from Online Exchanges (Bitstamp, Kraken, Bittrex, Livecoin, Bitfinex etc.). Each of Ethereum addresses at Online exchanges are specially dedicated for only one cryptocurrency (e.g. Ethereum) and are unable to handle issued IPL Tokens. Sending Ethereum directly from Online Exchange account will most probably result in a permanent loss of your IPL Tokens or at least months of negotiating with Online Exchange’s Support.
Create and contribute from your own, private, ERC-20 compatible, Ethereum wallet. There are several ways to create your own wallet, we will describe some in later steps.
Phases are time limited
Contributions in Ethereum will only be accepted in certain time frames, that will be publicly announced on our webpage and social media. Please be sure not to miss your opportunity to contribute due to preparation process. Be aware that some steps can be time consuming, for example:
verification (if needed) on the Online Exchange (up to 2 weeks),
bank transfers (2–5 working days),
confirmation of your KYC personal data (depends on the amount of applications).
STEP 1: Open a private Ethereum wallet
There are several ways to open your private Ethereum wallet. What does it mean that it is “private”? It means, that you have the access to your private key, a string of numbers and letters, that must always stay secured — never share it with anyone. For security reasons, these private keys are often additionally encrypted with your own password.
General (most common) Ethereum wallet use-cases:
keystore file (UTC/JSON) + password, generated on MyEtherWallet.com web page and saved on several secured locations (recommended option),
full node, desktop software solutions — Mist, Parity. Wallet synchronization can take up to several days. (good choice for advanced users),
hardware wallets, such as Trezor and Ledger, that will keep your private keys secured (advanced use-case, recommended for increased security) and
metamask for usage in browsers (for advanced users only).
Creating private Ethereum wallet with MyEtherWallet.com
We will describe the most common use case: Opening a private Ethereum wallet with myetherwallet.com If you already have an ERC-20 compatible wallet, please go directly to Step №2 below. If you do not have it yet, please read the instructions below in every detail.
WARNING: When using myetherwallet.com in your browser, always check, if you are on a legit website. Never click on links on other webpages or in mails, that can lead you to malicious phishing websites, that are perfect copies of original site. Using these malicious sites you will reveal your wallet (keystore & password) to hackers, that will irreversibly take all your funds from your wallet! You must see a proper address and certificate:
IMPORTANT: myetherwallet.com site operates offline and will only propagate signed transactions to Ethereum blockchain. Be sure that a computer which you use to open this website through a browser, is properly secured with a firewall and an antivirus software.
To open/generate a wallet on MyEtherWallet, please visit https://www.myetherwallet.com/ and choose a strong password (e.g. not less than 15 characters long, consisted at least from one lowercase, one uppercase, one numeric sign). Choose the “Create New Wallet” button to confirm.
more is here with pictures
https://medium.com/insurepal-blog/full-step-by-step-guide-for-contributing-on-insurepal-whitelist-pre-sale-and-crowdsale-6d6e880c80b0
people you can still participate in the crowdsale on the 16th of January. » https://medium.com/insurepal-blog/full-step-by-step-guide-for-contributing-on-insurepal-whitelist-pre-sale-and-crowdsale-6d6e880c80b0
Indeed we will. Get all the IPL tokens that you can folks.
Indeed we will. Get all the IPL tokens that you can folks.
I understand that ETH price will be locked to the pice on 01-16. May I know the time also. Because ETH will be flactuating through out the day. So what price will be locked
if eth price rises, is there a chance crowdsale is already over?
I don't think so. Every project aims to sell his tokens offered for sale irrespective of the price. So even if eth prices go up or go down crowdsale token share(% of token supply offered to crowd) would be the same.
What is that? It's not in my language
My ETH now hardly wait.
Birth certificate of IPL token 
Hardcap wil be reaced for sure.
Quote
John McAfee said on Twitter that InsurePal is one of the most creative ideas he has seen in the social media token arena, and we agree that this ICO (Jan. 16 2018) which is offered not from a start-up but experienced team of insurance, PE and IT veterans, surely stands out due its filed social proof patent and disruptive potential.
ETHready ?
Birth certificate of IPL token
if eth price rises, is there a chance crowdsale is already over?
InsurePal – https://www.insurepal.io/
What – P2P insurance platform
When – Crowdsale starts January 16th
Target – $18M (raised $12M during pre-sale)
Investment – 👍Above average
Team
InsurePal founders are Matt Peterman and Tom Volk. Matt Peterman has more than 15 years of experience in insurance business and venture capitals. Currently he is the executive and business developer at Salviol Ltd. Tom Volk is the founder of Adacta Group. Aside from the two co-founders, the project also lists 8 managers and a group of 9 advisors. The latter serve as the primary source of blockchain experience for the project.
Idea & Token Functions
Although the effects of blockchain on the financial field have been noted repeatedly, and the potential is on the way to realization through various projects, the field of insurance by contrast has been somewhat less explored. This is precisely the direction of InsurePal’s work. Not only does the project promise to bring changes into traditional insurance business, but also to support the insurance in new fields emerging with the growing popularity of cryptocurrencies and blockchain. It’s easy to see the potential of creating a more transparent system that also loses the need for expensive middlemen.
The platform’s ERC-20 token, titled IPL, is a utility-token used for identification and tokenization of insurance assets, as well as digitizing associated records on a distributed ledger. The token supports a number of functions, including:
Insurance of blockchain business transactions;
Premium insurance discounts;
Social proof identity;
Claims adjustment.
Summary
In general the community seems to have a great interest in InsurePal. This is evident based on the project’s very successful presale. We expect InsurePal will be able to raise the rest of the required funds during crowdsale with relative ease. InsurePal have also patented the application of social proof to insurance, although one has to remember that this model has not yet fully demonstrated itself in action. We do like the fact that potentially more affordable insurance and the implementation of modern technologies may attract clients who until now have not been likely to insure.
We are keeping an eye on the project and awaiting further developments!
What – P2P insurance platform
When – Crowdsale starts January 16th
Target – $18M (raised $12M during pre-sale)
Investment – 👍Above average
Team
InsurePal founders are Matt Peterman and Tom Volk. Matt Peterman has more than 15 years of experience in insurance business and venture capitals. Currently he is the executive and business developer at Salviol Ltd. Tom Volk is the founder of Adacta Group. Aside from the two co-founders, the project also lists 8 managers and a group of 9 advisors. The latter serve as the primary source of blockchain experience for the project.
Idea & Token Functions
Although the effects of blockchain on the financial field have been noted repeatedly, and the potential is on the way to realization through various projects, the field of insurance by contrast has been somewhat less explored. This is precisely the direction of InsurePal’s work. Not only does the project promise to bring changes into traditional insurance business, but also to support the insurance in new fields emerging with the growing popularity of cryptocurrencies and blockchain. It’s easy to see the potential of creating a more transparent system that also loses the need for expensive middlemen.
The platform’s ERC-20 token, titled IPL, is a utility-token used for identification and tokenization of insurance assets, as well as digitizing associated records on a distributed ledger. The token supports a number of functions, including:
Insurance of blockchain business transactions;
Premium insurance discounts;
Social proof identity;
Claims adjustment.
Summary
In general the community seems to have a great interest in InsurePal. This is evident based on the project’s very successful presale. We expect InsurePal will be able to raise the rest of the required funds during crowdsale with relative ease. InsurePal have also patented the application of social proof to insurance, although one has to remember that this model has not yet fully demonstrated itself in action. We do like the fact that potentially more affordable insurance and the implementation of modern technologies may attract clients who until now have not been likely to insure.
We are keeping an eye on the project and awaiting further developments!
Insurance and IT veterans to use ICO, blockchain, smart contracts and social proofing methodology to disrupt $7 trillion insurance market http://www.opalesque.tv/hedge-fund-videos/insurepal/1
"What has been your happiest moment so far working on Insurepal?
Good question. Actually, most of them are related to the community response. We reached more than 895 million people with our online and media presence. I am just honoured and happy that the customers understand and approve the social proof insurance business model."
Great community is added value to insurepal! Happy to be one of the members
Interview with CEO
https://www.chipin.com/insurepal-ceo-matt-peterman-interview/
Good question. Actually, most of them are related to the community response. We reached more than 895 million people with our online and media presence. I am just honoured and happy that the customers understand and approve the social proof insurance business model."
Great community is added value to insurepal! Happy to be one of the members
Interview with CEO
https://www.chipin.com/insurepal-ceo-matt-peterman-interview/
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