Hello everyone .. in my post this time I want to introduce about INS project (The Grocery Industry, Reinvented). Let's just go ahead to start discussing it:
What is INS?
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 loyality campaigns,and get feedback from consumers. enables consumers to order those products and vote for new products and manufacturers.
How INS Work?
a. Directly connects grocery manufacturers and consumers
b. Overcomes retailers domination
c. Offers a variety of a smart contracts to facilitate operations
d. Uses the INS token for transactions
Benefits To Consumers:
a. High-quality groceries cheaper than in store
b. Groceries bought online easily and conveniently
c. Unlimitied access to supliers of choice
Benefits For Manufacturers:
a. Full controll of product pricing and listing
b. Marketing and promotion directly to consumers
c. Fast and detailed customers feedback
Problem:
up to 90% of the grocery market in many countries is controlled by a handfull of retailers who is keeping abusing their market power and increasing their influence over manufacturers and customers. Another inefficiency in the grocery market is that up to 24% of the manufacturer's costs is trade marketing expenses or simply speaking money send by manufacturers to wholesalers and retailers, not to consumers who should be the ultimate goal for manufacturers.
Solution:
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 INS platform will have well- designed user interfaces to run the ecosystem consumer website and apps, picker and courier apps, fulfillment and suplier web-interfaces
The main role of the INS is to development to open source technology required for running the decentralized ecosystem create a successful model to incentivize all participants
The INS token is the only means of exchange for handling feature- rich & cunsumers oriented marketing, bonus and discount campaigns within the INS ecosystem and also serve as one of the currencies for buying and selling product
This project will distrup the existing grocery retail industry and become a new standard driving accelerated adoption and massive usage of the INS token .
INS Token
After the ICO period, all contributors will receive an ERC20 exchangeable INS tokens on the Ethereum network. Whenever the INS blockchain is launched with its own token mechanism, the ERC20 token will be always accepted for exchange to a new token 1-to-1. 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.
INS Token Contract Address: 0x5b2e4a700dfbc560061e957edec8f6eeeb74a320
TOKEN SALE
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 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
ROADMAP
Our roadmap involves many different aspects, such as technology development, operational infrastructure installment, signing partnerships, and launching marketing initiatives. The preliminary roadmap is presented below. Dates and activities may be subject to change.
Core Team
ADVISORS
if you are interested in INS project and would like to know this project in more detail you can visit some links below as source Reference:
Website: https://ins.world/
Whitepaper: https://ins.world/INS-ICO-Whitepaper.pdf
Twitter: https://twitter.com/ins_ecosystem
Facebook: https://www.facebook.com/ins.ecosystem/
Ann : https://bitcointalk.org/index.php?topic=2208591.0
Username BTT: mancunar
Profile link: https://bitcointalk.org/index.php?action=profile;u=1003566
MEW: 0x5a66121A63787047634E0fE852B25b7A970D1267
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