INSCOIN (Token) “Deflation plan” structured

The “Deflation plan” will be structured like this:

15% of the supply (Broker WholeSaler reserves) will, at the end of the ICO, be temporarily blocked by a smart contract for 1 year.Starting from this basis we have foreseen a further controlled reduction of the working capital based on the sale of insurance policies.The collection of premiums in inscoin is articulated like this:

For premiums < $1’000’000 1% must be paid in INSC

For premiums < $100’000 3% must be paid in INSC

For premiums < $50’000 5% must be paid in INSC

For premiums < $10’000 10% must be paid in INSC

For premiums < $ 500 20% must be paid in INSC

The inscoin collected per single policy, as soon as received by the company,will be blocked by a smart contract for a period of one year. After this, they will subsequently be released at a quarterly rate of 25% of the total received and used to support the increase in turnover of the three companies and ensure a healthy token economy. The other blocked reserves do not fall within the "Deflation plan". To favor the investor, 10% (Team and Advisors) will be blocked for 1 year, 9% (guarantee fund of the 3 companies) will be blocked for 3 months, after which 10% of the fund will be released each month, 10% (Broker Network partnership, Insurance advisor and legal) will be placed on the market in installments of 8% each month. All the funds mentioned above will be blocked by smart contract.

more info : http://www.inscoin.co

Submitted August 08, 2018 at 11:15AM by mamun15
via reddit https://ift.tt/2vuIt9X

Advertisements