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Topic: [ANN] [IXT] InsureX - blockchain-secured marketplace for Insurance - page 55. (Read 80995 times)

newbie
Activity: 5
Merit: 0
Are you planning anything for fair distribution of IXT? Otherwise few whales will pay thousands even tens of thousands of transaction fee and get all IXT for themselves, we all have seen how BAT ICO went? If we just put Gas price cap that will increase chance of getting part in crowd sale for small investors like us.

Hi rkp13,

We are introducing various mechanisms to ensure a fair distribution and will work with our execution partners to make sure the community can take part in our crowdsale on fair terms.

We are very excited and happy to have received such as great response from the community, which is important to us as a b/c based company.

For specific questions, please reach out to me on Slack: https://join.slack.com/insurex-community/shared_invite/MTk0NzI3Mzc3MTIzLTE0OTY5MzQ4MTctZGFkYTkyZWQzMQ

Regards,
Ingemar Svensson
Founder, InsureX

Thanks for letting us know.
full member
Activity: 342
Merit: 100
Is it wise to put a price in ETH for a crowdsale that start in one month ?
I mean the price of ETH is on the rise.
newbie
Activity: 1
Merit: 0
Are you planning anything for fair distribution of IXT? Otherwise few whales will pay thousands even tens of thousands of transaction fee and get all IXT for themselves, we all have seen how BAT ICO went? If we just put Gas price cap that will increase chance of getting part in crowd sale for small investors like us.

Hi rkp13,

We are introducing various mechanisms to ensure a fair distribution and will work with our execution partners to make sure the community can take part in our crowdsale on fair terms.

We are very excited and happy to have received such as great response from the community, which is important to us as a b/c based company.

For specific questions, please reach out to me on Slack: https://join.slack.com/insurex-community/shared_invite/MTk0NzI3Mzc3MTIzLTE0OTY5MzQ4MTctZGFkYTkyZWQzMQ

Regards,
Ingemar Svensson
Founder, InsureX

Good to know.
newbie
Activity: 48
Merit: 0
Are you planning anything for fair distribution of IXT? Otherwise few whales will pay thousands even tens of thousands of transaction fee and get all IXT for themselves, we all have seen how BAT ICO went? If we just put Gas price cap that will increase chance of getting part in crowd sale for small investors like us.

Hi rkp13,

We are introducing various mechanisms to ensure a fair distribution and will work with our execution partners to make sure the community can take part in our crowdsale on fair terms.

We are very excited and happy to have received such as great response from the community, which is important to us as a b/c based company.

For specific questions, please reach out to me on Slack: https://join.slack.com/insurex-community/shared_invite/MTk0NzI3Mzc3MTIzLTE0OTY5MzQ4MTctZGFkYTkyZWQzMQ

Regards,
Ingemar Svensson
Founder, InsureX
full member
Activity: 172
Merit: 100
Are you planning anything for fair distribution of IXT? Otherwise few whales will pay thousands even tens of thousands of transaction fee and get all IXT for themselves, we all have seen how BAT ICO went? If we just put Gas price cap that will increase chance of getting part in crowd sale for small investors like us.
full member
Activity: 143
Merit: 100
Investor

That could mean that your token/coin could go from a fairly regulation free universe in crypto to being highly attacked and regulated by the federal government.  I love how devs and projects try to find ways for the common consumer to touch crypto and Bitcoin, combining popular and needed markets, like insurance with a blockchain model, but some are going to be hard to break.

There isn't a federal government in the UK

UK law is more business friendly and less cut-throat than in the US

Insurance will always be a regulated market...but storing info on the blockchain etc and using that is an issue of how information is stored, computed and retrieved...its not specific to insurance itself

sr. member
Activity: 247
Merit: 250

As we know, the price of the ETH is growing higher and higher, the ICO will start nearly a month later and the token rate is given at 1 ETH = 1,125 IXT, what if the ETH pumps significantly?

Good question, I think they will re-define the rate before ICO starts. It is more fair if the price moves significantly.
hero member
Activity: 703
Merit: 500

As we know, the price of the ETH is growing higher and higher, the ICO will start nearly a month later and the token rate is given at 1 ETH = 1,125 IXT, what if the ETH pumps significantly?
legendary
Activity: 2954
Merit: 1159
I love the concept and the project, but sometimes you have to be careful.  The great thing about crypto is the decentralized arena that it lives in, basically only dealing with federal regs at the FIAT exchange points.  I am not sure what regulations that insurance deals with fully, but I think we all know that insurance is a highly controlled and regulated market and business system.

Yes, insurance for sure is a highly regulated market.

The brilliant news for this tech is they are based in London - the global leader for insurance, so things like regulation etc will be very easy to keep on top of



That could mean that your token/coin could go from a fairly regulation free universe in crypto to being highly attacked and regulated by the federal government.  I love how devs and projects try to find ways for the common consumer to touch crypto and Bitcoin, combining popular and needed markets, like insurance with a blockchain model, but some are going to be hard to break.
newbie
Activity: 48
Merit: 0
Following this thread, can I get link for the bounty thread?
I've also waiting for this one, but it still not present in the first post. Perhaps he dev is still preparing it.

Hi bezzler, apologies the bounty link is not very prominent. Here is the link: https://bitcointalksearch.org/topic/bounty-ixt-insurex-blockchain-secured-marketplace-for-insurance-bounty-program-1965684
full member
Activity: 518
Merit: 134
I hope this project going well and the market rate is rise up cause I already joined for signature and twitter campaign.
newbie
Activity: 5
Merit: 0
Following this thread, can I get link for the bounty thread?
I've also waiting for this one, but it still not present in the first post. Perhaps he dev is still preparing it.

They have released their bounty thread. This is their bounty campaign link: https://bitcointalksearch.org/topic/bounty-ixt-insurex-blockchain-secured-marketplace-for-insurance-bounty-program-1965684
sr. member
Activity: 658
Merit: 250
Following this thread, can I get link for the bounty thread?
I've also waiting for this one, but it still not present in the first post. Perhaps he dev is still preparing it.
hero member
Activity: 886
Merit: 500
Following this thread, can I get link for the bounty thread?
sr. member
Activity: 574
Merit: 250
A very good project, will help many insurance companies to grow better in the modern era as now
I have a feeling that this kind of coin will have the opportunity to thrive in the future, since lots of peoples need insurance (many kind of insurance).
member
Activity: 126
Merit: 10
Do you have any clients or will investors have to hope that you meet your roadmap goals of 10 clients later in the future?

Hi, yes we have confirmed clients who will be announced officially soon and a line up of companies who are interested to join so we are on track to get 10 to trial our platform. We expect to quickly scale up beyond that once the platform is fully live.

Regards,
InsureX - is
10 Clients off the starting blocks, very promising
newbie
Activity: 48
Merit: 0
Do you have any clients or will investors have to hope that you meet your roadmap goals of 10 clients later in the future?

Hi, yes we have confirmed clients who will be announced officially soon and a line up of companies who are interested to join so we are on track to get 10 to trial our platform. We expect to quickly scale up beyond that once the platform is fully live.

Regards,
InsureX - is
full member
Activity: 476
Merit: 101
this project looking good, for now just watch and bookmark for first
sr. member
Activity: 343
Merit: 250
Do you have any clients or will investors have to hope that you meet your roadmap goals of 10 clients later in the future?
member
Activity: 126
Merit: 10
I love the concept and the project, but sometimes you have to be careful.  The great thing about crypto is the decentralized arena that it lives in, basically only dealing with federal regs at the FIAT exchange points.  I am not sure what regulations that insurance deals with fully, but I think we all know that insurance is a highly controlled and regulated market and business system.

Yes, insurance for sure is a highly regulated market.

The brilliant news for this tech is they are based in London - the global leader for insurance, so things like regulation etc will be very easy to keep on top of


Regulation is one of the biggest barriers in any crypto startup thats for sure
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