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Topic: [ANN] [IXT] InsureX - blockchain-secured marketplace for Insurance (Read 80957 times)

legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
Another update from Ingemar Svensson, co-Founder of IXT Global -  the IRX platform is coming along but with delays. He also said once they have a minimum viable platform running, they will restart commercial discussions with insurers.

In the latest update, he shared screenshots illustrating key use cases. https://www.ixt.global/2019/12/25/irx-presentation/
legendary
Activity: 1647
Merit: 1012
Practising Hebrew before visiting Israel
I still have IXT tokens and I never checked progress on the development of this token for past year and a half. But after reading the Telegram chat t.me/ixtglobal recently, the head of IXT Global is still trying to make this work. Read last statement:

Quote
We would like to announce a slight delay in our first IRX release due to a couple of unforeseen circumstances. We have made tremendous progress on a number of fronts, but we still have some UI functionality to complete.

The main challenge we’re up against is the shared teams with PayRue. Our recent announcement of our own crypto exchange as well as general business as usual work has pulled resources away at times.

In general, there is an intense activity in the IRX project so it will be fine.

We anticipate another 2-3 weeks to resolve the UI functionality and some of the IXT payment issues related to cross chain transactions required due to Quorum. In the meantime, we will keep you apprised of the progress.

Given the previous hiccups in general to deliver this, we hope that this won’t cause too much disappointment.

In parallel, we are also starting to explore commercial partnerships and ways to getting some customers interested in using IRX. For this, a demonstrable product is important, so we are keen to get a first version ready.
https://www.ixt.global/2019/09/30/progress-status-end-sep-2019/
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
Maybe even come to life, we'll see

No chance for now, maybe the next bull run, this will be alive.

Project like this that is not in a big exchange has no chance if the market is not yet fully bullish, you hold if you believe and if not, just forget you are holding something. I have a lot of tokens similar to the situation of IXT now, I just calm down as I understand it's not time yet.

IXT had its chance when it was still new. This was listed on some good exchanges and IXT itself had a good run including its volume. Now, there is slim to no chance this coin can recover.

hero member
Activity: 2912
Merit: 674
Maybe even come to life, we'll see

No chance for now, maybe the next bull run, this will be alive.

Project like this that is not in a big exchange has no chance if the market is not yet fully bullish, you hold if you believe and if not, just forget you are holding something. I have a lot of tokens similar to the situation of IXT now, I just calm down as I understand it's not time yet.
newbie
Activity: 8
Merit: 0
Maybe even come to life, we'll see
newbie
Activity: 135
Merit: 0
sr. member
Activity: 859
Merit: 251
InsureX is tackling a big problem that needs to be fixed and if successful, token value can appreciate substantially. The potential is great, but execution is key and it is unclear from what we see now. If the team is able to deliver, I believe the InsureX platform can scale dramatically which is great for the long-term value of IXT.

 I think this some bold plan. So you should keep an eye on the latest releases involving InsureX. I'm sure one of these days, we will enjoying the fruits of HODL.
legendary
Activity: 1610
Merit: 1004
Those are good efforts to increase the usability of IXT among different insurance platforms. It had been long time for my previous visit and now again. There have been lot of new things in the project which shows in future demand for IXT will grow. Insurance on blockchain to secure and bring transparency is big move for this industry which is very important. New website has more professional look, when this appears I have no idea but for me it is new.
full member
Activity: 532
Merit: 100
The insurance market is a concern of many. InsureX has put the insurance market on Blockchain. Great! But only accepting payment by ETH will cause the participant to lose the exchange fee. Do you plan to accept multiple types of payments?
hero member
Activity: 1050
Merit: 529
Student Coin
I remember last year IXT saw over $3.65 based on pure speculation and now it has been much more advanced in comparison to those times. You can call me dreamer but my expectations are easy 35x to 50x from this token in next bull run. That's why keep adding and holding worth even it may start in a year for that much profit.

I dont think so. they dont have liquidity for IXT token (they are not used and not will be used as I know). Because they want to accept payment for insuranse in fiat, not in IXT. So tokens useless now. Correct me if Im wrong?


You're absolutely right magisterr, in fact the token is absolutely useless, and it is likely now that some other company will issue at the appropriate moment a new "insurance token" and will take the initial advantage that had Insurex.

Moreover, I wish with all my heart that what Nrx says does not happen but rather I hope that there is a new sharp decline of the entire market that finally sweeps away all these token absolutely useless, born only to speculate and cheat stupid and unsuspecting users , riding on that magical moment of 2017.

If all this really happens we will all earn money, because the market will be cleaner!
Keep that patience alive, it might rise again but we should be prepared for major correction.
Like in the past, there's only less trading volume as this token is not listed in big exchanges but during the bull run, things changes significantly.
Let's say, we are cleaning the market in 2018 and 2019 would bring us a stable growth, I think I like it that way.
sr. member
Activity: 1022
Merit: 391
I remember last year IXT saw over $3.65 based on pure speculation and now it has been much more advanced in comparison to those times. You can call me dreamer but my expectations are easy 35x to 50x from this token in next bull run. That's why keep adding and holding worth even it may start in a year for that much profit.

I dont think so. they dont have liquidity for IXT token (they are not used and not will be used as I know). Because they want to accept payment for insuranse in fiat, not in IXT. So tokens useless now. Correct me if Im wrong?


You're absolutely right magisterr, in fact the token is absolutely useless, and it is likely now that some other company will issue at the appropriate moment a new "insurance token" and will take the initial advantage that had Insurex.

Moreover, I wish with all my heart that what Nrx says does not happen but rather I hope that there is a new sharp decline of the entire market that finally sweeps away all these token absolutely useless, born only to speculate and cheat stupid and unsuspecting users , riding on that magical moment of 2017.

If all this really happens we will all earn money, because the market will be cleaner!
hero member
Activity: 2828
Merit: 673
Play Bitcoin PVP Prediction Game
Recent release of update was few days ago which I just read after watching comments here. I wasn't following the development since I bought but last update talk about of SIM which represents selfinsurancemarket second level of development told by IXT group. I think there has been some serious changes and should go through all previous updates to understand what's happening in fact with this token and project.
We do not know if that changes could help to boost the price again, imagine the ATH was over $3 and now the price is only $0.07, it will be
hard for IXT to rise and break that ATH, unless another crazy bull run will come. The volume is gone, I think some investors have sold their tokens during
ATH and transferred to another project.
legendary
Activity: 1526
Merit: 1003
Recent release of update was few days ago which I just read after watching comments here. I wasn't following the development since I bought but last update talk about of SIM which represents selfinsurancemarket second level of development told by IXT group. I think there has been some serious changes and should go through all previous updates to understand what's happening in fact with this token and project.
sr. member
Activity: 1372
Merit: 259
I remember last year IXT saw over $3.65 based on pure speculation and now it has been much more advanced in comparison to those times. You can call me dreamer but my expectations are easy 35x to 50x from this token in next bull run. That's why keep adding and holding worth even it may start in a year for that much profit.

I dont think so. they dont have liquidity for IXT token (they are not used and not will be used as I know). Because they want to accept payment for insuranse in fiat, not in IXT. So tokens useless now. Correct me if Im wrong?
hero member
Activity: 1106
Merit: 504
In first week of this month there was some article with diagrams to explain and show the impact blockchain on multi billions dollars insurance industry. Volume has been decreased dramatically but seamless trading is still going on easy by easy. I do agree next time probably in new year we will be witnessing historic increase in every potential project's tokens.
hero member
Activity: 2912
Merit: 674
I remember last year IXT saw over $3.65 based on pure speculation and now it has been much more advanced in comparison to those times. You can call me dreamer but my expectations are easy 35x to 50x from this token in next bull run. That's why keep adding and holding worth even it may start in a year for that much profit.
During the bull run, we will surely see a crazy price as well, that is the time where IXT will break its all time high because bitcoin and ETH
will do the same with their ATH. I believe it will come, when, I don't know but I have a feeling that the bull is just around the cornet, I hope before the Christmas they will come to us so we can have a good celebration.
NrX
sr. member
Activity: 770
Merit: 254
I remember last year IXT saw over $3.65 based on pure speculation and now it has been much more advanced in comparison to those times. You can call me dreamer but my expectations are easy 35x to 50x from this token in next bull run. That's why keep adding and holding worth even it may start in a year for that much profit.
hero member
Activity: 1106
Merit: 504
If someone from team is looking at this thread then should consider my suggestion. In my opinion development is a set of multiple tasks where technical part, partnerships, marketing and listing on various trading platforms are all parts of that. On technical side advancement is visible while efforts in binding partnerships are also good but work on listing on more exchanges need your attention.
hero member
Activity: 2772
Merit: 645
No dream is too big and no dreamer is too small
Ixt withdrawn charged into hitbtc is rediculous. Its taking iXledger (IXT)   
51 (IXT) to withdrawing from hitbtc!! If you guys(Team)talk with Hitbtc support I think they would reduce the amount of charge.

HiTBTC dislikes people withdrawing their tokens from the platform. What they do love is Ethereum Classic or Litecoin. Check out the withdrawal fees for these coins - very cheap.
The cheapest I know is XRP, you just need to pay less than 1 XRP in every withdrawal transaction.
Usually when I withdraw from hitbtc, I trade it to XRP first then withdraw then convert this XRP to btc in my local exchange.
sr. member
Activity: 924
Merit: 260
Ixt withdrawn charged into hitbtc is rediculous. Its taking iXledger (IXT)   
51 (IXT) to withdrawing from hitbtc!! If you guys(Team)talk with Hitbtc support I think they would reduce the amount of charge.

HiTBTC dislikes people withdrawing their tokens from the platform. What they do love is Ethereum Classic or Litecoin. Check out the withdrawal fees for these coins - very cheap.
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