[PRE-ANN] INCHAIN. Ethereum based insurance platform - page 23.

Sergey_Inchain

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Quote from: jeewaka on August 17, 2016, 02:20:40 PM

Thanks for the slides, I just want to understand if this is insurance platform for the exchanges and such or also for individual crypto currency investors.

At first, Inchain created for individual crypto users: insured and investors. Insured can insure their risk of losing their crypto assets that placed in the exchanges or wallets. Investors can invest in insurance bonds to get coupon income in exchange for accepting insurance risks.

Also, we research the cases when platforms (exchanges and wallets) can insure their assets. Anyway, we plan to cooperate with most of the exchanges and the wallets to make insurance and investment more profitable for common cryptocurrency users.

jeewaka

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Quote from: Sergey_Inchain on August 17, 2016, 02:13:14 PM

Quote from: Inchain.io on August 17, 2016, 01:38:25 PM

Slides
https://drive.google.com/open?id=0B2p42p0_z54DcGR2MDFOdEhscW8

Guys, welcome to discuss it!

Thanks for the slides, I just want to understand if this is insurance platform for the exchanges and such or also for individual crypto currency investors.

Sergey_Inchain

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Quote from: Inchain.io on August 17, 2016, 01:38:25 PM

Slides
https://drive.google.com/open?id=0B2p42p0_z54DcGR2MDFOdEhscW8

Guys, you are welcome to discuss it!

Inchain.io

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Quote from: Cryptorials on August 12, 2016, 04:09:25 AM

Looks interesting, worth keeping an eye on.

Thanks a lot,
We are posting slides and graphics very soon!

Slides
https://drive.google.com/open?id=0B2p42p0_z54DcGR2MDFOdEhscW8

Cryptorials

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Cryptorials.io

Looks interesting, worth keeping an eye on.

Sergey_Inchain

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Quote from: cryptospreader on August 11, 2016, 09:38:02 PM

If you're looking for a demonstrating video for Inchain, show me some insights on how you want to create it. I may assist in making one for you.

Thank you. We will keep your offer in mind Wink

Sergey_Inchain

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Quote from: jeewaka on August 11, 2016, 09:33:12 PM

Thanks for clarifying it.
One of the most excited projects here i am looking forward to, also because of the team behind has one of the best crypto products, Wirex (E-coin)

Thank you

Sergey_Inchain

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Quote from: jeewaka on August 11, 2016, 09:38:58 PM

Pardon my ignorance, so for example, if Bitfinex was using Inchain, and after that hack, wouldn't the Inchain bonds be devalued drastically for the investors, assuming Inchain is a token we buy into in the ICO.

I hope I understood your question correctly.

Inchain emits bonds that are linked to the exact insurance policy. So if there are the insurance policy and bonds linked to it, for both Bitfinex and Coinbase and if Bitfinex hacked then only Bitfinex linked bonds may be devalued. Because Coinbase is OK.

Inchain tokens are like DAO tokens. These tokens do not participate directly in insurances and bonds. Inchain tokens allow token holders to participate in the management of Inchian insurance fund investment policy and get extra income from it.

jeewaka

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Quote from: Sergey_Inchain on August 11, 2016, 05:49:48 AM

Hi there,

This is the vision of Inchain platform:

Inchain insurance covers the world's biggest cryptocurrency exchanges and wallets. Inchain's logo placed on the main page of the cryptocurrency service confirms the high level of credibility from the customers and profitably distinguishes it from its competitors. Inchain insurance of risks of losses cryptoassets gives users confidence in their security. The mandatory component of investment portfolios in cryptoeconomy are Inchain insurance bonds, providing an attractive passive income with reasonable risk. Inchain management is in the hands of InchainDAO.

Pardon my ignorance, so for example, if Bitfinex was using Inchain, and after that hack, wouldn't the Inchain bonds be devalued drastically for the investors, assuming Inchain is a token we buy into in the ICO.

cryptospreader

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askNFTY Team Account

If you're looking for a demonstrating video for Inchain, show me some insights on how you want to create it. I may assist in making one for you.

jeewaka

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Quote from: Sergey_Inchain on August 11, 2016, 01:31:00 AM

Quote from: jeewaka on August 10, 2016, 10:42:25 PM

Quote from: Sergey_Inchain on August 10, 2016, 01:16:33 PM

Quote from: siameze on August 10, 2016, 12:58:23 PM

how much will the ico ask be?

This value is still in calculation. But we understand, that all of the investments must be splitted for 2 parts:
1) development and related activities.
2) insurance fund.

Second "insurance fund" part will be splitted for another 2 parts:
1) Cold storage part, needed for guarantee insurance payments and bonds related coupon.
2) Investment part managed by DAO and used for investments. Any extra income will stay at the fund or distributed to the token holders depending on their votes.

When you say "Second "insurance fund" are you saying there will be 2 rounds of ICO's?

Of cource NO, i wrote:

Second "insurance fund" PART... Other worlds, i mean that all investments will be placed in 3 parts:
1) development
2) cold stored insurance fund
3) investment insurance fund

Thanks for clarifying it.
One of the most excited projects here i am looking forward to, also because of the team behind has one of the best crypto products, Wirex (E-coin)
I would love to see a very brief video of Inchain, as I have over 5 friends who are not into Crypto, but I have convinced otherwise to invest in, who I could show the video to.

Sergey_Inchain

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Hi there,

This is the vision of Inchain platform:

Inchain insurance covers the world's biggest cryptocurrency exchanges and wallets. Inchain's logo placed on the main page of the cryptocurrency service confirms the high level of credibility from the customers and profitably distinguishes it from its competitors. Inchain insurance of risks of losses cryptoassets gives users confidence in their security. The mandatory component of investment portfolios in cryptoeconomy are Inchain insurance bonds, providing an attractive passive income with reasonable risk. Inchain management is in the hands of InchainDAO.

Sergey_Inchain

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Quote from: jeewaka on August 10, 2016, 10:42:25 PM

Quote from: Sergey_Inchain on August 10, 2016, 01:16:33 PM

Quote from: siameze on August 10, 2016, 12:58:23 PM

how much will the ico ask be?

This value is still in calculation. But we understand, that all of the investments must be splitted for 2 parts:
1) development and related activities.
2) insurance fund.

Second "insurance fund" part will be splitted for another 2 parts:
1) Cold storage part, needed for guarantee insurance payments and bonds related coupon.
2) Investment part managed by DAO and used for investments. Any extra income will stay at the fund or distributed to the token holders depending on their votes.

When you say "Second "insurance fund" are you saying there will be 2 rounds of ICO's?

Of course NO, i wrote:

Second "insurance fund" PART... In other words, I mean that all investments will be placed in 3 parts:
1) development
2) cold stored insurance fund
3) investment insurance fund

jeewaka

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Quote from: Sergey_Inchain on August 10, 2016, 01:16:33 PM

Quote from: siameze on August 10, 2016, 12:58:23 PM

how much will the ico ask be?

This value is still in calculation. But we understand, that all of the investments must be splitted for 2 parts:
1) development and related activities.
2) insurance fund.

Second "insurance fund" part will be splitted for another 2 parts:
1) Cold storage part, needed for guarantee insurance payments and bonds related coupon.
2) Investment part managed by DAO and used for investments. Any extra income will stay at the fund or distributed to the token holders depending on their votes.

When you say "Second "insurance fund" are you saying there will be 2 rounds of ICO's?

nixoid

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Hi there.

This is Andrey Zamovskiy (founder of Ambisafe).
You can find my previous posts with links to Ambisafe here: https://bitcointalksearch.org/user/nixoid-244

I'd like to confirm that we have ongoing business relationship with Inchain and we are fully committed to bringing this project to life if ICO raises enough funds.

We are confident that we have enough expertise to solve any technical challenges.
Here are some crypto projects where our team memers have been involved in various roles:
0) http://holytransaction.com/ - world'd first multi-currency wallet
1) http://tether.to/ - world's first fiat on the blockchain
2) first ethereum-based currency that went live in 2015 (https://bitcointalksearch.org/topic/elephant-platform-announces-ethereum-based-cryptocurrency-elcoin-1309597)
3) a bunch of other ethereum-based tokens that will be announced soon: http://explorer.ambisafe.co/
4) http://www.bitfinex.com/ - world's largest crypto exchange

Cheers,
Andrey

Inchain.io

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Quote from: WINBC on August 10, 2016, 07:18:09 AM

watching. fan of wirex debit card.

Appreciate it!

Sergey_Inchain

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Quote from: siameze on August 10, 2016, 12:58:23 PM

how much will the ico ask be?

This value is still in calculation. But we understand, that all of the investments must be split in 2 parts:
1) development and related activities.
2) insurance fund.

Second "insurance fund" part will be split in another 2 parts:
1) Cold storage part, needed for guarantee insurance payments and bonds related coupon.
2) Investment part managed by DAO and used for investments. Any extra income will stay at the fund or distributed to the token holders depending on their votes.

siameze

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how much will the ico ask be?

Sergey_Inchain

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Quote from: DigitalCapone on August 10, 2016, 07:10:02 AM

Keeping an eye on this, good luck guys.

Thanks!

Sergey_Inchain

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Quote from: WINBC on August 10, 2016, 07:18:09 AM

watching. fan of wirex debit card.

I'm sure Dmitry glad to read your comment Wink

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