Info Tech: INS Ecosystem-Decentralized Consumer Ecosystem Supported by Blockchain

WHAT IS INS?

INS is the decentralized consumer ecosystem powered by blockchain.

BLOCKCHAIN APPLICATIONS IN INS

● Smart contracts
● Payments
● Supply chain management

How INS Works ?

Directly connects grocery manufacturers and consumers
Overcomes retailer domination
Offers a variety of smart contracts to facilitate operations
Uses the INS token as means of consumer loyalty program rewards

BENEFITS TO CONSUMERS

High-quality groceries cheaper than in stores.
Groceries bought online easily and conveniently.
Unlimited access to suppliers of choice.

BENEFITS TO MANUFACTURERS

Full control of product pricing and listing.
Marketing and promotion directly to consumers.
Fast and detailed customer feedback.

STRUCTURE

The INS token is a core component of the INS ecosystem and is designed to facilitate all kinds of operations that make the token an integral part of the ecosystem and the driver for its economy.

The INS token is fractionally divisible, transferable and fungible.The token balances and transfers will be tracked by INS. In the case of any force majeure, such as large token theft, contract compromise, or a disrupting change of Ethereum protocol, INS may opt to freeze token transfers and issue a new token contract with balances replacing that of the original token registry by certain date. In the case of an Ethereum fork, INS will properly announce which branch it will support.

USAGE

The INS token is planned to be the only means of exchange for handling all types of rewards and one of the means of payment within the INS ecosystem. We plan that INS tokens will be accepted as a payment method in partner services.

INS TOKEN USAGE

1.Manufacturers
● Rewards: loyalty, promotion, cross-marketing, feedback.
● Minimum balance hold.

2.Consumers
● Payment for orders.

3.INS
● Referral rewards to consumers.

SUMMARY

Start date: 11:00 AM (GMT) on DECEMBER 4, 2017
Payment methods: BTC, ETH, LTC, DASH, USD (bank transfer)
Soft cap: 20,000 ETH
Hard cap: 60,000 ETH
Token exchange rate: 1 ETH = 300 INS tokens
Total token supply (max): 50,000,000
Min purchase: 0.1 ETH

BONUSES

● The exact number of tokens generated depends on the amount of funds contributed
● No token creation, minting or mining after the end of the ICO period
● Tokens will be transferable once the ICO is completed
● If the soft cap is not reached, funds will be returned to the participants
● Upon reaching the hard cap, the ICO will end immediately

The token distribution is proportional to the number of INS tokens generated:

● INS team’s tokens are locked for 2 years with four 6-month vesting periods.
● Advisors’ and early supporters’ tokens are locked for 6 months.
● The Reserve Fund’s tokens distribution will start in 2019 and last for up to 2 years with the primary goal to incentivize new customers to join and accelerate adoption of the INS ecosystem by broad audiences.

Token Allocation

ROADMAP

INS creates the leading decentralized consumer market used by broad audiences by maintaining a thriving ecosystem of consumers willing to buy everyday products at lower prices and suppliers looking to sell directly and surpass intermediaries.

The INS team develops an open source technology required for running the decentralized INS ecosystem and creates a model to incentivize all participants.

Team