INS

INS

INS

A scalable blockchain-based platform that enables consumers to buy groceries directly from manufacturers at lower prices, with convenience. The INS ecosystem has been validated by consumer interest and has received strong support from manufacturers.

Information

ICO Time:
04.12.2017 - 25.12.2017
Ended
Platform:
Ethereum
Restrictions:
Website:
https://ins.world/
Social networks:

Team

Peter Fedchenkov
- Co-Founder & CEO
Dmitry Zhulin
- Co-Founder & Strategy
Dmitry Khovratovich
- Blockchain & Smart Contracts
Maria Lapuk
- PR
Michael Schmidt
- US Expansion
Paul Yakshankin
- Technology
Fedor Lisitsyn
- Manufacturer Relationships

Advisors

Prabhakar Reddy
- Growth Advisor
Moe Levin
 
Ilya Perekopsky
- ICO
Eyal Hertzog
- Product Advisor
Michael Terpin
 
David Wachsman
- PR Advisor
Rawi Abdelal
- Academic Advisor
Sebastian Stupurac
- Community Advisor

Description

INS is a decentralized ecosystem that facilitates the order fulfillment process and allows manufacturers to join it, publish their products for sale, carry out promotion and loyalty campaigns, and get feedback from consumers, enables consumers to order those products and vote for new products and manufacturers. The INS ecosystem has been validated by consumer interest and has received strong support from manufacturers.

At the INS Platform, every manufacturer controls product pricing and listing. The Platform aggregates all orders and sends requests to manufacturers who deliver products to smart distribution centers. Professional pickers at distribution centers collect orders and pass them to couriers. Couriers deliver orders to customers.

The main role of the INS is to develop the open source technology required for running the decentralized ecosystem and create a successful model to incentivize all participants.

The INS token is the only means of exchange for handling feature-rich & consumer-oriented marketing, bonus and discount campaigns within the INS ecosystem, and also serve as one of the currencies for buying and selling products.

This project will disrupt the existing grocery retail industry and become a new standard driving accelerated adoption and massive usage of the INS token.

Escrow

All payments received for INS tokens in connection with the INS token sale will be held in escrow in a multi-signature wallet. Keys will stay with the INS team and NSP, global legal provider. Established in 2006, Nektorov, Saveliev & Partners (NSP) focuses on providing legal solutions to corporate clients under Russian and foreign law, their areas of expertise include but are not limited to : digital economy , wealth management, banking and investments. 

ICO duration

ICO campaign will end:

  • on December 25 11:00 AM (GMT)
  • or immediately upon reaching the hard cap (60,000 ETH).

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