Topic: [ANN][ICO] Instoken - Powering The Global Services Marketplace - page 2. (Read 441 times)
Instoken has the potential to power the global services marketplace. Consumers and service providers can benefit worldwide and this whitepaper outlines the current situation and prospects for Instance and Instoken.
Instoken will facilitate transactions on the Instance platform, and offer incentives to other eco-system stakeholders, Instance is planning blockchain solutions supported by Instoken. It provides standard and universal payment currencies, eliminating the need for currency exchange and expensive transaction costs in various countries.
Hey everyone, take a moment to read through our latest Medium article on how you can begin your business journey with us. https://medium.com/@Instoken/begin-your-business-journey-with-instance-app-55192d5372f3
Also, check out our trailer and tell us what you think:
https://vimeo.com/284857280
https://vimeo.com/284857280
Hello everyone, we have posted a new article on Medium! Find out about the rise of the service economy here https://medium.com/@Instoken/the-rise-of-the-service-economy-c28a04c50822
This one will became a breakthrough for the travel services, since previously this kind of project only offer several kind of services, but this one rather complete.It'll makes users easier to manage their vacation in a single place.
Hi everyone, we're back with yet ANOTHER article! To find out the top 3 things to consider when outsourcing work to freelancers, click on the link! https://medium.com/@Instoken/3-things-to-consider-before-outsourcing-work-to-freelancers-519d68f19cc5
what is the purpose of your project sir? and is there any other country working with your project? 
Hi! Instance aims to be the first borderless services marketplace, connecting customers and service providers from anywhere in the world. We are operating in Malaysia, Singapore and Taiwan.
If you are operating in these countries, does that mean you have a product already?
Yes. You can download the Instance App on IOS here https://itunes.apple.com/us/app/instance-app/id1262706964?mt=8&ign-mpt=uo%3D4
You could also check out our website http://instoken.io what is the purpose of your project sir? and is there any other country working with your project?
Hi! Instance aims to be the first borderless services marketplace, connecting customers and service providers from anywhere in the world. We are operating in Malaysia, Singapore and Taiwan.
If you are operating in these countries, does that mean you have a product already?
Hello all! We have posted our second article on Medium. Only freelance/gig workers would understand these struggles. Do you agree? 
https://medium.com/@Instoken/4-things-to-take-note-of-before-diving-into-freelancing-d73f2a12cd9c
https://medium.com/@Instoken/4-things-to-take-note-of-before-diving-into-freelancing-d73f2a12cd9c
Hello everyone! If you want to get a gist on what the Instoken project is all about, please click on the link to view our official Medium article. https://medium.com/@Instoken/instoken-an-introduction-99c8fa252b29
https://medium.com/@Instoken/instoken-an-introduction-99c8fa252b29
I am very interested in this project and the android cindicator app. The project is developing well and will be successful.
Nice logo, I like it, hope your project succeed as expected.
what is the purpose of your project sir? and is there any other country working with your project?
Hi! Instance aims to be the first borderless services marketplace, connecting customers and service providers from anywhere in the world. We are operating in Malaysia, Singapore and Taiwan.
what is the purpose of your project sir? and is there any other country working with your project?
Powering the global services marketplace
To facilitate transactions on the Instance platform, as well as offer incentives to other eco-system stakeholders, Instance is planning a blockchain solution powered by Instoken. It provides a standardised and universal payment currency, eliminating the need for currency exchange and costly transaction fees across different economies.
To quickly give you an idea, watch this trailer: https://vimeo.com/284857280
Building a comprehensive Eco-System
We believe that society lacks a comprehensive solution. A singular ecosystem of Services Marketplace that allows customers to browse, review, compare and evaluate credible providers, coupled with a platform that lets them visually connect in real-time, elevating the element of trust and comfort.
To facilitate transactions on the Instance platform, as well as offer incentives to other eco-system stakeholders, Instance is planning a blockchain solution powered by Instoken. It provides a standardised and universal payment currency, eliminating the need for currency exchange and costly transaction fees across different economies.
To quickly give you an idea, watch this trailer: https://vimeo.com/284857280
Building a comprehensive Eco-System
We believe that society lacks a comprehensive solution. A singular ecosystem of Services Marketplace that allows customers to browse, review, compare and evaluate credible providers, coupled with a platform that lets them visually connect in real-time, elevating the element of trust and comfort.
SOLUTION
Blockchain Enabling the Instance Ecosystem
The use of smart contracts on the blockchain enables functionality with Instance that other digital platforms cannot perform. Through the 3 pillars of the Instance App, participants in the Instance ecosystem will truly experience an effective global service marketplace. The Instance Ecosystem is made up of:
Instance Payment Protocol
Payment is at the core of everything as it facilitates transactions between consumers and service providers on the Instance marketplace. Smart contracts on the Instance marketplace are the engines to fuss-free payments. For each service engagement, both consumer and service provider are required to send Insta to activate the smart contract. Rules, such as refunds for cancellations, time period to cancel before no refunds are issued and potential impact on reputation will be decided by Instance’s artificial intelligence engine based on factors such as the consumer’s or service provider’s history and reputation. With these in place within the smart contract, both consumers and service providers will then be able transact freely and with a peace of mind.
Instance Reputation Protocol
Decision making is mainly driven by the reputation of the two transacting parties. Consumers are often concerned about the trustworthiness and the quality of work of service providers. At the same time, service providers are typically concerned about consumers’ tendency to cancel on appointments. If a service provider receives too many customers that cancel at the last minute, the service provider’s revenue will be severely impacted. The Instance Reputation Protocol, a mechanism to be developed to address the above issues aims to ensure that both consumers and service providers can be taken care of.
Instance Arbitration Protocol
In digital marketplaces, dispute resolution is always a painful, time-consuming process for both consumers and service providers. Through the Instance Dispute Protocol, a dispute resolution mechanism to be developed, marketplace participants can expect a fuss-free dispute resolution process. When a dispute occurs, the Instance Dispute Protocol will be activated and all Insta previously transferred to the smart contract will be locked until the dispute is resolved.
The use of smart contracts on the blockchain enables functionality with Instance that other digital platforms cannot perform. Through the 3 pillars of the Instance App, participants in the Instance ecosystem will truly experience an effective global service marketplace. The Instance Ecosystem is made up of:
Instance Payment Protocol
Payment is at the core of everything as it facilitates transactions between consumers and service providers on the Instance marketplace. Smart contracts on the Instance marketplace are the engines to fuss-free payments. For each service engagement, both consumer and service provider are required to send Insta to activate the smart contract. Rules, such as refunds for cancellations, time period to cancel before no refunds are issued and potential impact on reputation will be decided by Instance’s artificial intelligence engine based on factors such as the consumer’s or service provider’s history and reputation. With these in place within the smart contract, both consumers and service providers will then be able transact freely and with a peace of mind.
Instance Reputation Protocol
Decision making is mainly driven by the reputation of the two transacting parties. Consumers are often concerned about the trustworthiness and the quality of work of service providers. At the same time, service providers are typically concerned about consumers’ tendency to cancel on appointments. If a service provider receives too many customers that cancel at the last minute, the service provider’s revenue will be severely impacted. The Instance Reputation Protocol, a mechanism to be developed to address the above issues aims to ensure that both consumers and service providers can be taken care of.
Instance Arbitration Protocol
In digital marketplaces, dispute resolution is always a painful, time-consuming process for both consumers and service providers. Through the Instance Dispute Protocol, a dispute resolution mechanism to be developed, marketplace participants can expect a fuss-free dispute resolution process. When a dispute occurs, the Instance Dispute Protocol will be activated and all Insta previously transferred to the smart contract will be locked until the dispute is resolved.
Instance App
A face-to-face conversation environment
Instant help with no need for the merry-go-round of emails or chats
Elimination of miscommunication & uncertainty
Video calling to increase comfort level
Attachment of documents & photos for clearer presentations
Recording of call & video history
Blockchains of smart transactions to safeguard payment between parties
Comprehensive rating system
Instant help with no need for the merry-go-round of emails or chats
Elimination of miscommunication & uncertainty
Video calling to increase comfort level
Attachment of documents & photos for clearer presentations
Recording of call & video history
Blockchains of smart transactions to safeguard payment between parties
Comprehensive rating system
TOKEN SALE PHASES
Angel Round- 1st June 2018 to 31st August 2018 (On-going)
Allocation: US$3million
Tokens offered: 60 million INSTA
Bonus Tokens: 30%
Accepted Currency: ETH
Minimum Contribution 10 ETH
Bonus Lockup: 6 months
Early Backers Round- 1 September 2018 to 30 September 2018
Allocation: US$5million
Tokens offered: 100 million INSTA
Bonus Tokens: 20%
Accepted Currency: ETH
Minimum Contribution 5 ETH
Bonus Lockup: 6 months
Pre-ICO Round- 1 October 2018 to 31 October 2018
Allocation: US$7million
Tokens offered: 140 million INSTA
Bonus Tokens: 10%
Accepted Currency: ETH
Minimum Contribution 3 ETH
Bonus Lockup: 6 months
ICO Main Sale Round- 1 November 2018 to 15 November 2018
Allocation: US$5million
Tokens offered: 100 million INSTA
Bonus Tokens: NIL
Accepted Currency: ETH
Minimum Contribution 1 ETH
Bonus Lockup: NIL
Angel Round- 1st June 2018 to 31st August 2018 (On-going)
Allocation: US$3million
Tokens offered: 60 million INSTA
Bonus Tokens: 30%
Accepted Currency: ETH
Minimum Contribution 10 ETH
Bonus Lockup: 6 months
Early Backers Round- 1 September 2018 to 30 September 2018
Allocation: US$5million
Tokens offered: 100 million INSTA
Bonus Tokens: 20%
Accepted Currency: ETH
Minimum Contribution 5 ETH
Bonus Lockup: 6 months
Pre-ICO Round- 1 October 2018 to 31 October 2018
Allocation: US$7million
Tokens offered: 140 million INSTA
Bonus Tokens: 10%
Accepted Currency: ETH
Minimum Contribution 3 ETH
Bonus Lockup: 6 months
ICO Main Sale Round- 1 November 2018 to 15 November 2018
Allocation: US$5million
Tokens offered: 100 million INSTA
Bonus Tokens: NIL
Accepted Currency: ETH
Minimum Contribution 1 ETH
Bonus Lockup: NIL
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