Bitcoin Forum

Inzura is the world first token which serves as crypto insurance where you can cliam the lost/hacked/scammed cryptocurrency. Source (https://www.inzura.world/#/home)

So this is kind of insurance to cryptocurrency?

New INZURA Rating - https://icobench.com/ico/inzura

Stats mentioned at Benchy - ICO analyzer bot (https://icobench.com/ico-analyzer?ico=inzura) are amazing. A score of 4.5 by icobench (https://icobench.com/ico/inzura) and 5 by trackico (https://www.trackico.io/ico/inzura/#rating) is a great start. Good luck for the launch. Please post details of your bounty program.

This link to whitepaper is broken: https://inzura.world/static/media/Inzura%20White%20Paper%20v1.0.2.56d01731.pdf
On the website there is other link: https://inzura.world/static/media/Inzura%20Whitepaper%20v1.2.2.fe2b638e.pdf

I don't know how this project will perform after his launch but I am impressed with the idea. Rarely we see ICOs with innovative ideas. Hack and scam are an integral part of the crypto world and we are very much in need of security projects that can safeguard investors money.

Report say that almost $19 million worth of EOS and XRP have been hacked. The exchange say that they have recovered $14 million worth of cryptocurrencies back. Even though some cryptocurrencies have been recovered, the coins are lost when it is transferred from exchange to private wallet. Source (https://medium.com/@inzura.world/crypto-exchange-bithumb-hack-9ff41816c0d8)

INZURA brings solution to this problem. INZURA is an insurance platform where cryptocurrencies in exchange can be covered under insurance policy through premium provided in the platform. INZURA also provides claim benefit of 5 times the premium value. Source (https://medium.com/@inzura.world/crypto-exchange-bithumb-hack-9ff41816c0d8)

There are not many crypto insurance platforms till date. This is good as well as challenging for new launches like INZURA. To build such a big project you need a team of highly skilled people, do you have such team for this big project?

What cryptocurrencies can be claimed from your project?

Crypto world is full of scam and frauds. How you will tackle fraudulent claims?

When a hack in an exchange is confirmed, one should report and make a claim for their loss within 48 hours with necessary documents in the claimant section. Initial phase of investigation will be undertaken within 24 hours and further verification will be processed. Almost all exchange registered within INZURA ecosystem will be cross verified, and if any fraudulent activity is confirmed, the claim process will be rejected and the IZA token will be refunded to their wallet with penalty.

Source (https://www.inzura.world/#/inzura/faq)

whats hard and soft cap? Can you please share details of how much capital you have collected so far.

If my coins are assured with INZURA and my exchange got hacked, how much will I get in return? Same amount or you have some bonus as well.

With Inzura token, the claimant is leveraged to 5 times the Fixed Audited Price (FAP) value, making the investor's asset worth 5 times their purchase.  User's crypto worth is estimated at the time of claiming the premium.  Every successfully verified claim will be settled in the form of ETH or BTC in the value of USD to their registered wallet, in which the settlement mode may be changed on further discussion with the community members in view of beneficiary wellness consideration.

Source (https://www.inzura.world/static/media/Inzura%20Whitepaper%20v1.2.2.fe2b638e.pdf)

I just went through there whitepaper. Except for a few typos, overall it's very well written. It's short and you can easily understand the concept. I only explore an ICO after reading its whitepaper. Will share my more findings later.

you guys will have to look to the big names in how they do it
the big guy in this scene i think is: https://www.blockre.io
they are a already established VC backed crypto-insurance firm
will be hard to compete :/

Why so much focus on whitepaper? Anyone could write anything, or hire some professional who knows how to sell with words, I would recommend you focus on the team, it experiences not skills and past success.

INZURA will give 5x times of claim. Can you explain for investor understanding how claim leverage will be calculated and on which fundamentals it will be based on?

Inside the INZURA ecosystem, the IZA value is valued by FAP (Fixed Audited Price). FAP is initially fixed to $1 once the platform goes live. Since the FAP is fixed to $1 and the claim leverage is x5 the FAP, users can sell the token at the peak of $5 per token which is highest value it can reach since 5 times the FAP is $5. Buying the token more than $5 will be of no use since the claimant leverage will be 5 times the FAP value. This protocol of FAP will stabilize the value and protect users from pump and dump. This makes INZURA stabilize and sustainable.

Source (https://www.inzura.world/#/inzura/faq)

This is a long and pre-sale project journey, will the token sale take longer enough to complete this project. For me this will not make investors interested in a long time. everyone starts to be disappointed with the project that runs long enough and ends badly.

We are keeping things up according to roadmap. We have already listed in an exchange, but in order to convert ICO to IEO, we are holding the announcement.

To your knowledge, we have listed our token before starting the sale.  Since users wanted us to switch to IEO, we have not announced the listing and working for IEO.

Is insurance price known at the moment? For example, if I want to insure 1 Bitcoin for 1 year, how much should I pay you?

This thread is very quiet and your post didn't get a response from the development team until now even though you made that post yesterday. You should try to join the telegram group of this project to get clearer and get the right answers. Many projects are more active in their telegram group than the ANN thread they made.

yes this ANN is very quiet and maybe they prefer to be active in telegrams or in other media as a place to get all the information from their project, but not for here.

Hello.. sorry for late reply... We are busy with partnering and IEO work.  For your doubt, if you want to insure 1 Bitcoin and the value of that Bitcoin is $5000, then you need 1000 IZA token to buy insurance premium. To better understand, please check mvp.inzura.world