What about ICO dates? Which kind of value InChain asset will represent?
We plan our ICO next month.
A key feature of the platform is that the Insurance fund is managed in line with the principles of distributed autonomous organizations (DAOs). To manage the insurance fund efficiently and earn healthy returns for Inchain token holders, as well as to pay out bond coupons, a certain part of the fund is invested in various assets and ventures in accordance with strategies approved by token holders.
All Inchain token holders are eligible to propose and to vote for investment strategies. The return of investments is to be allocated depending on votes as follows:
• dividends to token holders;
• reinvest in the Investment fund;
• additional liquidity reserves placed in cold storages to pay out bond coupons and insurance compensations.
In addition, token holders may propose their own investment strategies and ask token holders to vote for those. If enough token holders support the proposals, the investments will be reallocated accordingly.
Everyone who purchases Inchain tokens during the ICO receives them to his personal account. Straight after the ICO completion, all Inchain tokens will be transferred to token holders’ wallets. There are two ways to access the tokens: Inchain web wallets or MIST Ethereum wallets. Rest assure, we will post detailed instructions for everybody.
At the same time, we will be launching the Inchain blockchain explorer and list the tokens at external cryptocurrency exchanges for public trades. Our open APIs designed for Inchain token interactions will be available as well.
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