Is it phishing or did the crowdsale start?

Why do I need to add custom tokens? Cant we recieve the tokens automatically? Does insurex start distributing the Tokens already? Enlighten me please.

Yes it could be the timing problem. I sent it 30 min ago. I realized it must be after 17.00 eest. Every transaction sending eth to that address is cancelled for the same reason. So most likely insurex regain control. Not sure though.

Hahah it must be my bad luck to have something like this during my first ICO attempt. It seems that only a small amount of fee is deducted. But I still have the tokens. Should I transfer eth to another wallet? Why doesnt insurex say anything here?

I sent eth to address "0x98ee.....c1c531" but it says transfer did not complete due to contract bad jump destination. What does that mean? I set gas limit 250.000. What should be the gas price? Above all, is that the hacked address?

It seems a good ICO with a strong team. But I still have some questions. Although I dont believe p2p insurance is a sound business like p2p lending, especially in the cases where insurees need service help from the insurer (not just the claim payment) and with this perspective it is more realistic that Insurex builds its business proposal by including insurers and reinsurers, but this comes along with some fundamental problems. First of all, by recreating entire insurance business on a blockchain but with all the actors remaining the same, actualy it is not decentralization of the process but perhaps increasing the efficiency and hence lowering the operational cost. Insurex can really do this by making insurance operations on blockchain and so eliminating the cost that arises from trust issues between the parties. If this is the case, then we should determine how big the cost savings that Insurex targets, because that will show us the potential market of Insurex. We have to know operational costs both on global scale and in Europe (because Insurex initially targets European insurance market). Then we can assess the real value proposition of Insurex. Also, if Insurex explains its plans to expand to markets other than EU then we can also have an idea of present value of its longer term operaitions.

I believe Insurex with its core and advisory team has the capacity to handle with EU market. When they try to expand to say US or Middle East, the regulations will be different. So even they achieve to make insurer partners and draw insurees' attention in those regions they need to persuade the regulatory bodies. Because, If Insurex will store personal information on the servers located in London or even on blockchain and not on the local servers then it might lead to some legal problems. How will they cope with them? If they cannot do it and stuck in EU market, then, is the value proposition still good?

I understand business issues better and I am not a tech-savy person. There is one thing that I believe people over here can easily help me. Considering ICOs generally, if investors buy the tokens as an investment tool and if the platform operates on those tokens, then, dont these two interests contradict each other? If everybody hoards the token then how can platform operate? I have the same problem with BTC or ETH as well. If everybody holds their BTC as an investment tool, doesnt it kill its value proposition as a payment and money transfer system? Lastly, when I read through explanations here, I understand there are some whales who buy big chuncks so that small investors are left out of the game. How much on average (as a percentage of the transaction) should I have to pay as a fee to make sure my transaction will go through?

Thank you.

I planned to invest in bcap. But I couldnt get the answers to these questions after reading OM and they didnt respond my email.

I found out that Blockchain Capital’s pervious two funds’ average gross return is so low, at around %14 annually. When adjusting for %2,5 management fee and %25 carried interest, net return is hardly %10! Traditional venture capital, as far as I know, should offer around %500 total return in a 5-year-period, given the risk that the investor bears.

How can you use %50 of realized gains to make further investments and the rest for token repurchase while the BC manager is entitled to %25 of realized capital gains? (the total is above %100) If VC is under no obligation to make realization buy backs, then how can I as an investor realize capital gains in the value of the token? How can investors force the VC to make realization buy backs so that they can earn on their investments?

Another issue that bothers me is that both the VC and the manager of the VC as separate entities, are operating in Cayman Islands and in this way these companies are independent from parent companies, Blockchain Capital LLC and Argon Group. Altough people behind Blockchain Capital LLC have good reputations, there is no certainity that these people will support the VC for as long as the VC operates. In addition, there is no distribution and liquidation rights of investors. I understand that these type of token offerings are not regulated, so they are not under control of SEC or any other legal entity in another country. But doesn’t it mean that there is an unconditional trust to VC founders, because there is nothing prevent them from going away with what they raised with the ICO offering (may be except from their reputation). Even I remember reading that VC does not have to invest in blockchain related start-ups under certain circumstances. So as an investor how can I make sure that VC will be constantly investing in Blockchain start ups under scrunity and at best effort of the Blockchain Capital’s original team? 

Additionaly, why do investors have to invest in tokens that BCTH issues and then why does BCTH become the single partner of BC III DLVF? Instead why don’t we invest directly in the tokens that BC III DLVF issues?

What will happen if some day US or Cayman Islands authorities or any other jurisdiriction in which Argon group operates, regulates token offerings as publicly registered offerings and hence force international investors out of the VC?   

What do you include in contingent liabilities when calculating NAV? Who will audit the expense reimbursements and NAV calculations? I understand that VC didn’t plan any independent authority in such roles. But Isnt it a fundamental issue to build continious trust?