CRYPTO INSURANCE
ABOUT
INZURA is the world’s first ever insurance token that is built with best in class protocol implemented to protect the crypto asset. INZURA is the world’s first crypto insurance where you can claim your loss of cryptocurrencies with INZURA token. With best protocol implemented, INZURA made it possible to give best in class protection for your cryptocurrencies. With successful protocol and strategy of INZURA, there is potential benefit to welcome new users without fear of losing their valuable hard earned money. INZURA is built on Ethereum smart contract which is one of the best platforms for smart contract available in the market. INZURA is an ERC20 token that runs on Ethereum blockchain. INZURA not only protects your cryptocurrency, but also gives protection to ongoing ICOs and so there will be no fear of scamming and losing your valuable money.
PROBLEM AND SOLUTION TO CRYPTO MARKET
“HACK” and “SCAM” are the most known words in the crypto space. Crypto market has gone through lots and lots of hacks and scams over the past years. There are few hacks that have shook the crypto market down to its very core. Roughly over 100s of mil0lion dollar worth of cryptocurrencies were lost in 2018. Scamming and hacking most often happen in this crypto space and there is certain restriction to prevent scam and hacking, but there is no solution to stolen or lost cryptocurrencies. INZURA is here for the solution to these problems in crypto space.
USE CASE
The Inzura token is used to claim lost/hacked cryptocurrency, where members can claim up to 5 times the value of their Inzura token (calculation with FAP) with their purchased premium, hence making the Inzura token worth 5 times more at the time of claimant.
For instance: Steve purchased a premium for 1000 IZA token with a premium set for certain period of time. In the meantime, his asset in the registered exchange with Inzura platform is hacked and permanently lost and it is officially press released by the exchange regarding the hack, in which the premium covers the exchange that is hacked. In this case, if the lost crypto worth is $5000, Steve can submit the claim worth of $5000 with premium purchased of 1000 IZA token. The price of the IZA token is calculated with FAP. The Fixed Audited Price (FAP) of IZA will be $1 and the claim leverage will be 5 times the Fixed Audited Price value at the time of claimant.
FIXED AUDITED PRICE
Fixed Audited Price (FAP) is the most important factor that is to be considered in Inzura mechanism. Every 3-4 months, FAP will be audited in order to maintain the number of users that will be increasing. Since the total supply is very low and in order to stabilize the IZA price from pump and dump by the users, Fixed Audited Price (FAP) plays the major role in price stabilization. The premium claimant is based on the FAP price that is fixed. FAP allows the claimant leverage scalable and increases the asset value of their premium. Since Inzura is for the crypto users, every actions and protocol implemented is for the benefit of crypto users who use Inzura.
For example: Laura bought 10,000 IZA in ICO and plans to spend 5000 IZA for Inzura premium for asset protection and plans to trade the rest 5000 IZA in an exchange. In this case, Laura can sell 5000 IZA in an exchange for $1. If there is high demand for premium purchase, users may buy the token for $5. Since Fixed Audited Price (FAP) is fixed to $1 and the claimant is leveraged up to 5 times, the maximum price IZA can reach is $5 and there will be no use to purchase IZA token more than $5 until and unless the Fixed Audited Price (FAP) is audited and increased. Thus the value of the IZA token can be stabilized through FAP protocol.
TOKEN
Inzura is an ERC20 token which serves as an insurance token for your crypto asset. Inzura takes the crypto space to next level the way people see cryptocurrency. Inzura provides protection to your crypto asset by insuring your crypto asset like never before. Inzura is the world first token which serves as crypto insurance where you can cliam the lost/hacked/scammed cryptocurrency.
IZA TOKEN OVERVIEW
NAME= INZURA
TICKER= IZA
MAX SUPPLY= 120,000,000
MINEABLE= NO
SOFT CAP= 1 Million USD
HARD CAP= 20 Million USD
PAYMENT METHOD= ETHEREUM [ETH]
TOTAL TOKEN FOR SALE= 72,000,000
ETH PEGGED= 200 USD
TOKEN DISTRIBUTION
TIMELINE
Q3 2017 Initial Phase
The initial phase of INZURA started in the mid Q3 of 2017
Q3 2017 Team Setup
The team setup and community formation process were undertaken
Q4 2017 Protocol
The protocol buildup process is done and every possible protocol is tested with cryptocurrency
Q4 2017 Concept
Concept is built and finalized with blueprint
Q4 2017 Testing
The protocol finalized and tested and minor and major errors were rectified
Q1 2018 Token Mechanism
Token function and mechanism is structured to its perfection
Q2 2018 Testnet
Token generated in the testnet and tested for token mechanism and rectified the errors
Q3 2018 Registration
Company registration and domain registration completed
Q4 2018 Token Generation
Token Generation in Mainnet
Q4 2018 Promotional Airdrop Announcement
As part of marketing, Promotional Airdrop is conducted on website launch day
Q1 2019 ICO Sale Announcement
Initial Coin Offering date and time is announced and the tokens are distributed to the users
Q2 2019 Exchange Listing
Contract will be signed for listing before ICO ends and will be listed after ICO ends
Q3 2019 Platform Live
Complete INZURA platform will be available for users to purchase premium
FOR MORE INFORMATION CLICK LINK BELLOW:
- Website: https://www.inzura.world/
- Whitepaper: https://www.inzura.world/static/media/Inzura%20Whitepaper%20v1.2.2.fe2b638e.pdf
- ANN Thread: https://bitcointalk.org/index.php?topic=5106098.0
- Telegram: https://t.me/inzuraofficialgroup
- Twitter: https://twitter.com/InzuraOfficial
Author: Yuni comel
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1350925
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