Hi! How can I test in your current working product — Lexi Club? How much will it cost?
In which countries is the Lexi Club offer available now? In which countries can it be expected in the near future?
At the moment Lexi club is only in Russia, they are extending it to US market Q1 2018 and EU marked later. Dates varies on which milestones are achieved, so recommend you to ceck out their whitepaper, onepaper and/or businessmodel for more informaiton.
https://rega.life/index.html#Due to which circumstances do the owners of the insurance product Lexi Club pay 80% less for veterinary services?
"For a regular fee of ~5$ you get up to 80% compensation of your vet services costs in case your pet get sick or injured"
http://lexiclub.org/indexEN.html. They get up to 80% compensation, so if your vet bill is 100 dollars, you get up to 80 dollars in return.
Will Smart contracts for sharing risks between users be created automatically or will one need programming knowledge to make smart contracts?
Hello, this is from the whitepaper page 11
The Platform is creating individual smart contract (Member Smart contract) that will gather
all data about owner and pet, contributions and payment requests, and perform agent
functions, controls the fulfillment of terms and conditions of membership in Lexi Club. The
smart contract is implemented in the public part of the blockchain system, however all data
about the owner and pet are encrypted, according to our policy.
Pet owner makes a contribution in cryptocurrency or in fiat. If the owner doesn’t have ewallet,
the Platform helps to create it, exchange fiat to Ether and then transfer it to Member
smart contract.
What is the minimum amount of money that you need to collect in order to continue developing the service? Will you return the funds to investors if you do not reach the soft cup during the ICO?
Milestone 1 is 10 000 eth. check out their businessmodel for more info
https://rega.life/regabusinessmodel.pdf. I asked the same about return, and Leo said yes. So.. funds will be returned.
What dividends will the holders of tokens receive? Will they be able to participate in the management decisions of the company by voting?
I may be wrong here, if thats the case, one of the devs can correct me.. From the whitepaper page 6: "Proof-of-stake - incentivizes token holders for
expert work (voting)- 3% of member contribution
as an expert fee payment".
This is from the top of page 32. "Risk Sharing token (RST)
To build a community of experts that will help us to develop and adjust risk models for different crowdsurance products we are going to use the Risk Sharing Tokens (RST).Those tokens will be used as REGA expert license to manage the parameters of the REGA risk models and to process some difficult cases. Such work will bring additional income to the token holders in proportion of purchased number of tokens. For this purpose part of the platform and product fees will be allocated as expert’s fee. The expert fee can be distributed between token holders as cryptocurrency payments to holders account, or be utilized to increase Risk Sharing Token reserve, or to issue new tokens using BUY method and then distribute new issued tokens between token holders (subject to initial token holders voting)."
Hope It helped.
Hi, will the REGA Gadget insurance product only work on Apple smartphones? Do you plan to extend the offer to other manufacturers' smartphones?
Hey man, this is from the whitepaper page 13: "We are develop and testing prototype for Gadget protection named REGA App for
Android and iOs devices, which will cover devices used for less than three years and at competitive price."
