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Topic: [ANN] [IPL] InsurePal | Distributed social proof insurance - page 80. (Read 12685 times)

hero member
Activity: 1274
Merit: 516
I juat finished reading the whitepaper and I must say I am pretty impressed by the bold move in using social proof, I think using trust in the system will have a lot of challenging situation, and covering all type of insurance is going to be another challenge, buy I see the potential of this project and the benefit of this project is very  big as we know insurance is very  important now, every one own at least one insurance now
sr. member
Activity: 434
Merit: 254
Seems like a very interesting project, I've read the whitepaper and I'm truly a fan of your vision, I've encountered a project similar to this in the past but it turned out to be a scam so when it comes to projects that deal with insurance I'm quite nervous to take risks, but with this one I'm quite convinced to take part of this project. Knowing that this project has been around for three years, that's quite a good sign that you mean business here. I also do like the fact that you have this social proof feature, that's very unique and very new to the insurance industry and if you think about it, this approach could really be beneficial to a lot of users. It's really nice that this project is based on trust, it's a huge part of our everyday lives, with this project you can help your friends and through your help they can gain benefits as well, which is a win-win situation and can also bring people closer together. It's also a huge plus that endorsers will only get charged in case the person will file a fault claim so if they ended up not filing a fault claim then you can get tokens that's worth $100 for free so as an endorser and that's a huge benefit. Anyway I just have something to ask, what if the endorser decided to withdraw his/her endorsement is that possible? And is there a maximum number of endorsers a person can get?.

Hi. If endorser decides to withdraw, benefits are lost, of course, and in addition there might be penalty, as in case of claim. Maximum number of endorsers are limited to five.

Oh okay so who will be given the penalty? The endorser? The person whom the endorser endorse or both? And how much will be the penalty if ever something like that occurs?. That's great that you have set maximum limits, 5 is quite a good number and enough to help someone save a huge amount of money on his insurance anyway I'm quite not good with math so I just want to ask how much percent can a person save if ever he'll have 5 endorsers?. I'm also curious about this  is there a maximum number of years a person can be an endorser for someone? And when will you go global with this project? I really think that this project can help people from all around the world save a lot of money on their insurance, I'm sure once this project will go global then it will be a total hit! A lot of people are having problems with their insurance nowadays and could really use the social proof feature to save some money.
member
Activity: 257
Merit: 10
On the platform who can insure is like people, insurance companies and companies for their goods ? Lets say I have a distribution company with tech stuff.. Can I insure my selled tech stuff or my storage and all that ?

Social proof insurance concept and platform can and will be used in many different kind of insurance packages. The point of guarantees is also that you can get lower premiums. InsurePal will first create a pilot in UK for car insurance.

Uh okay.. will it be an option that we arrange a custom insurance or will everything be pre-made packages and you will just choose one ?
member
Activity: 182
Merit: 10
I Will Wait For Your Next Project, Hope Can Be Amazing Project

InsurePal crowdsale is just the beginning. Chech our roadmap https://insurepal.io/roadmap, in 2018 we are launching a car insurance pilot in UK and then further.
member
Activity: 182
Merit: 10

Great to hear that! Smiley
Platform is built on Ethereum blockchain, yes. Trust among peers enables the social proof and self-regulation without the need of regulatory body (or middleman), yes. More on platform on our site https://insurepal.io/platform and of course in whitepaper https://insurepal.io/InsurePal_whitepaper.pdf.
newbie
Activity: 88
Merit: 0
I Will Wait For Your Next Project, Hope Can Be Amazing Project
member
Activity: 220
Merit: 10
member
Activity: 182
Merit: 10
On the platform who can insure is like people, insurance companies and companies for their goods ? Lets say I have a distribution company with tech stuff.. Can I insure my selled tech stuff or my storage and all that ?

Social proof insurance concept and platform can and will be used in many different kind of insurance packages. The point of guarantees is also that you can get lower premiums. InsurePal will first create a pilot in UK for car insurance.
member
Activity: 182
Merit: 10
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.

If you aply to whitelist you 100% get ico ?

If i understand right, if you apply for whitelist, you already invested. Correct me if i am wrong plesae

Wiht whitelist you have the opportunity to invest early, get bonus and get tokens for sure. In crowdsale, if you're late, when caps are reached and you don't invest the right time, you miss it.
member
Activity: 182
Merit: 10
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.

If you aply to whitelist you 100% get ico ?

Successful acceptance to the whitelist will guarantee you the ability to contribute a specific amount of ETH prior to the official IPL token sale start. - It is about you getting tokens for sure. In crowdsale, if you're late, caps might be reached and you miss it.
member
Activity: 257
Merit: 10
On the platform who can insure is like people, insurance companies and companies for their goods ? Lets say I have a distribution company with tech stuff.. Can I insure my selled tech stuff or my storage and all that ?
newbie
Activity: 14
Merit: 0
Following this ico. You have my support. I think this will be great project. Wink
newbie
Activity: 15
Merit: 0
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.

If you aply to whitelist you 100% get ico ?

If i understand right, if you apply for whitelist, you already invested. Correct me if i am wrong plesae
jr. member
Activity: 127
Merit: 1
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.

If you aply to whitelist you 100% get ico ?
member
Activity: 182
Merit: 10
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.


any bonuses in whitelist?  or how this will be in reality?

There's 10% bonus in whitelist. In crowdsale for those in first 96 hours or 50 ETH https://insurepal.io/crowdsale.
full member
Activity: 375
Merit: 183
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.


any bonuses in whitelist?  or how this will be in reality?
member
Activity: 182
Merit: 10
i just applied to whitelist!

so i have now priority for investment?



Great, todavenera!
With whitelist you have a guarantee you will get your tokens, so yes, whitelist is a priority before the crowdsale.
jr. member
Activity: 163
Merit: 1
i just applied to whitelist!

so i have now priority for investment?

sr. member
Activity: 644
Merit: 390
I just read cointelegraph and i see InsurePal in it Smiley

You guys have really awesome marketing coverage!  Good work

https://cointelegraph.com/press-releases/mattereum-and-insurepal-sign-letter-of-intent-to-collaborate-on-effective-mass-use-of-blockchain


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