[ANN] [IPL] InsurePal | Distributed social proof insurance

[InsurePal]

INSUREPAL | WHITEPAPER | LIGHTPAPER | TELEGRAM DISCUSSION | FACEBOOK | TWITTER | LINKEDIN | GITHUB



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WHAT IS INSUREPAL

InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation.

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OUR VISION

InsurePal aims to become a first-of-a-kind blockchain-based decentralized insurance platform powered by social proof guarantee. It will serve as a replacement for insurances as we know and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain and transactions being carried out on the distributed ledger.

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SOCIAL PROOF

Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in a form of financial commitment. The endorser who financially guarantees for someone has to use its own due diligence when providing the guarantee to at the risk of losing their money. Through such endorsements, the network in whole becomes more risk aware.

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PATENT

This is the first time we have successfully reinvented the social proof for insurance industry. The innovative approach has been filed for patent protection in US and worldwide.

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BUILDING THE INTERNET OF INSURANCE

The future of blockchain is identity without authority. The crypto is expanding from digital trading to something that will become a parallel economy, constituting fundamental changes. The mass adaptation of digital currencies of is just around the corner, and the need for blockchain identity and transaction regulation will soon arise. For that, InsurePal is making important strategic partnerships already today to build the three basic pillars of future business that will help grow confidence among trustees and speed up their business operations on the blockchain.


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INSUREPAL PLATFORM

InsurePal sees the blockchain innovation as an opportunity to improve transparency and outcomes across the entire value chain. The platform will work as a dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.



B2C
InsurePal will provide a customer-centric experience, allowing the users to easily navigate through the process and obtain the most favorable insurance premium via their mobile device dAPP.

B2B
The InsurePal platform will act as a glob al provider of various insurance modules based on social proof mechanics. That way all interested third-parties will be able to use the platform as stand-alone providers by paying a predetermined fee.


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MARKET

We believe the insurance of tomorrow should explore the technological improvements and reestablish the relationship of trust by application of peer-to-peer and mutual markets. Insurance industry is a 7 trillion global market representing a huge opportunity for us to reach our expected target 1 % (70 billion).


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TEAM

Everyone needs an insurance, that will not change. But, we are dedicated to convert the incremental approaches of the past and invent new ways to make insurance simpler, better and fairer to you. Our team combines the best industry knowledge and technical background to deliver an amazing coverage, but it is our passion that guarantees your trust stays with us.

Explore our team and their Linkedin profiles here.

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MILESTONES

In last three years, InsurePal has walked a long road from a great idea to a most serious business. Since we are aware insurance is one of the most regulated industries, we want to ensure optimum conditions for achieving our goals in the set time. Our team is 100% passionate and absolutely committed to delivering our promise to you.


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EXCHANGES IPL token

Insurepal IPL token is available on Livecoin, Mercatox, HitBTC, CoinBe, Idex


EXPLORE OUR PROJECT WWW.INSUREPAL.IO

ENGAGE IN TELEGRAM COMMUNITY

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[InsurePal]

reserved

[Nggedebus]

So this is a block chain insurance, so how ill the holder of the coins will get their infestation for this coins?

[Renegade1979]

All insurance stuff must be made transparent and strictly controlled by the officials so nobody fakes his own death and then get himself money as some anonimous Guy Fawkes somewhere in the republic of Los Pendejos Archipelago and then he'd drink piña colada for the rest of his life knowing that his insurance couldn't be verified by anyone ))))

[jerry3k5jamiso1]

Hello dev. Your team does not have any bonus programs and bounty programs . You have signature programs, airdrop, twitter, facebook, ...

Bonus programs and bounty programs will make the community more aware of your coin.

[matjazsircelj]

new ICO looking promosing, seems you have designed this project well. maybe i am needed more next information about new your project.  any bounty?  are you going to launch it?

Thank you very much. I am InsurePal community manager and I'll be here to answer your questions. We do not have bounty at the moment, but we are discussing this option with the team. We are aware that community is important.

[matjazsircelj]

So this is a block chain insurance, so how ill the holder of the coins will get their infestation for this coins?

In InsurePal insurance model we are disrupting classical insurance and we will insure blockchain business transactions. Insurance of business transactions will done exclusively in IPL tokens. In InsurePal car, health, property etc. insurance due to current regulation reward will be firstly paid out in IPL tokens. Later IPL tokens will be gradually implemented in the whole system.

[matjazsircelj]

All insurance stuff must be made transparent and strictly controlled by the officials so nobody fakes his own death and then get himself money as some anonimous Guy Fawkes somewhere in the republic of Los Pendejos Archipelago and then he'd drink piña colada for the rest of his life knowing that his insurance couldn't be verified by anyone ))))

InsurePal has a self-regulating social proof insurance. In the case that you described, things won't be that easy. If Guy Fawkes want's to have InsurePal life insurance, he'll have to find an endorser, that will vouch for him with money. Since this is a life insurance policy, the amount will be high. So, If Guy has a history of fraudulent behavior, it will be hard for him to find such an endorser. Also, if Guy fakes his own death and flees to drink piña colada, the endorser loses his money and pays the penalty. If Guy is a trustworthy person, he won't commit fraud and run to republic of Los Pendejos Archipelago to drink piña colada.

[matjazsircelj]

Hello dev. Your team does not have any bonus programs and bounty programs . You have signature programs, airdrop, twitter, facebook, ...

Bonus programs and bounty programs will make the community more aware of your coin.

Thanks, Jerry. We do not have bounty at this time, but we are discussion it with a team. We agree it is crucial to build awareness about the InsurePal project.

[aiderwar]

which country is your main market at the beginning of the project? how long is the processing cycle of a cross regional insurance claim?

[matjazsircelj]

which country is your main market at the beginning of the project? how long is the processing cycle of a cross regional insurance claim?

The main idea of InsurePal is to build a platform where any insurance company can develop it's own social proof insurance (B2B). To prove that InsurePal's concept works, we decided also to do a pilot project in UK with social proof car insurance, because it is one one of the most difficult markets considering car insurance.
More about it you can find in our whitepaper https://insurepal.io/InsurePal_whitepaper.pdf, on page https://insurepal.io/. Please check also our roadmap on the site.

[Crypto Tanya]

All insurance stuff must be made transparent and strictly controlled by the officials so nobody fakes his own death and then get himself money as some anonimous Guy Fawkes somewhere in the republic of Los Pendejos Archipelago and then he'd drink piña colada for the rest of his life knowing that his insurance couldn't be verified by anyone ))))

We also used to believe that we need central banks and governments to strictly control currencies. And we know how that worked out

[vogueadagio]

How many threads does this coin need?

[Mirzanas]

Any bonus programs?

[matjazsircelj]

How many threads does this coin need?

What do you mean by many threads? This is the only InsurePal thread here. If you're referring to other social channels, of course, we're everywhere where it matters . Join our Telegram group https://t.me/InsurePal or Twitter https://twitter.com/InsurePal_io. Website https://insurepal.io/ with Whitepaper is also a must

[matjazsircelj]

Any bonus programs?

Hi, Mirzanas. We have a whitelist we can put you on. You can join our Telegram group chat https://t.me/InsurePal and we can pm there, if you want?
And if you're asking about the crowdsale bonus, there will be 10% for the first 96 hours contributers and over 50 ETH. More on our web https://insurepal.io/crowdsale.

[TonyGaruda88]

Hallo Dev, I want to know how you demonstrate InsurePal for more people to know about this project? There may be additional promotions. I think the project you built is very good to follow.

[matjazsircelj]

Hallo Dev, I want to know how you demonstrate InsurePal for more people to know about this project? There may be additional promotions. I think the project you built is very good to follow.

Hi, Tony, thanks. What do you have in mind? We are building awareness about InsurePal through social media, PR, advertising, at conferences... Please check our website https://insurepal.io/ for all the info and links, join Telegram group chat https://t.me/InsurePal, Twitter https://twitter.com/InsurePal_io and more.

[Crypto Tanya]

Hallo Dev, I want to know how you demonstrate InsurePal for more people to know about this project? There may be additional promotions. I think the project you built is very good to follow.

Hi Tony, yes the project is good, thank you! I am Tanya, the media relations person for  InsurePal. We are also building awareness about InsurePal through various publication, here are a few of them:
https://bitcoinist.com/presenting-insurepal-the-distributed-blockchain-based-social-proof-insurance-platform/
http://www.newsbtc.com/2017/12/04/presenting-insurepal-distributed-social-proof-insurance/
https://www.coinspeaker.com/2017/12/06/insurance-make-big-jump-crypto-world-insurepal-ico-starts-january-16
https://cointelegraph.com/press-releases/insurance-about-to-make-a-big-jump-into-crypto-world-insurepal-ico-starts-on-january-16

Join our Telegram: https://t.me/InsurePal

[matjazsircelj]

Hi, all!
Check out the blog post from our co-founder & CEO Matt Peterman on the idea behind InsurePal, social proof phenomena and scaling blockchain solutions for the benefits of crypto and current economy. What are you thoughts, comments?