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

[Crypto_maniac7]

John McAfee said on Twitter that InsurePal is one of the most creative ideas he has seen in the social media token arena, and we agree that this ICO (Jan. 16 2018) which is offered not from a start-up but experienced team of insurance, PE and IT veterans, surely stands out due its filed social proof patent and disruptive potential.

[Chevy_REP]

Birth certificate of IPL token

Hardcap wil be reaced for sure. 

[Master mind]

My ETH now hardly wait.

[Crypto_maniac7]

https://www.dnevnik.si/kartica/1042797125 

[geoneojapan]

What is that?  It's not in my language

[Avirunes]

if eth price rises, is there a chance crowdsale is already over?

I don't think so. Every project aims to sell his tokens offered for sale irrespective of the price. So even if eth prices go up or go down crowdsale token share(% of token supply offered to crowd) would be the same.

[linhmax]

I understand that ETH price will be locked to the pice on 01-16. May I know the time also. Because ETH will be flactuating through out the day. So what price will be locked

[CryptoCADCAM]

people you can still participate in the crowdsale on the 16th of January. » https://medium.com/insurepal-blog/full-step-by-step-guide-for-contributing-on-insurepal-whitelist-pre-sale-and-crowdsale-6d6e880c80b0

Indeed we will. Get all the IPL tokens that you can folks.

[masstahcoiner]

INSUREPAL ICO | 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.

^▄▄
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.

^▄▄
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.

^▄▄
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.

^▄▄
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.



^{▄▄▄▄▄▄▄▄}
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).



^{▄▄▄▄▄▄▄▄}
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.

^{▄▄▄▄▄▄▄▄}
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.



^{▄▄▄▄▄▄▄▄}
CROWDSALE INFORMATION






EXPLORE OUR PROJECT WWW.INSUREPAL.IO
ENGAGE IN TELEGRAM COMMUNITY
DOWNLOAD OUR WHITEPAPER OR LIGHTEPAPER
STAY IN TOUCH BY SUBSCRIBING TO INSUREPAL NEWSLETTER

[GhostKiller55]

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



^{▄▄▄▄▄▄▄▄▄▄▄▄▄}
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.

^▄▄
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.

^▄▄
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.

^▄▄
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.

^▄▄
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.





^{▄▄▄▄▄▄▄▄▄▄▄▄▄}
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.



^{▄▄▄▄▄▄▄▄}
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).



^{▄▄▄▄▄▄▄▄}
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.

^{▄▄▄▄▄▄▄▄}
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.



^{▄▄▄▄▄▄▄▄}
CROWDSALE INFORMATION






EXPLORE OUR PROJECT WWW.INSUREPAL.IO
ENGAGE IN TELEGRAM COMMUNITY
DOWNLOAD OUR WHITEPAPER OR LIGHTEPAPER
STAY IN TOUCH BY SUBSCRIBING TO INSUREPAL NEWSLETTER

Got the whole site here don't ned to visit insurepal.io 

[hrbt]

This is important for security.   Read slowly



[FULL] STEP-BY-STEP GUIDE FOR CONTRIBUTING ON INSUREPAL WHITELIST PRE-SALE AND CROWDSALE
We prepared a detailed guide with pictures, that will help you to prepare and execute your contribution to our whitelist pre-sale/crowdsale.

WARNING: PLEASE FOLLOW THE STEPS AND INSTRUCTIONS CAREFULLY IN ORDER THAT YOU WILL BE ABLE TO SAFELY PARTICIPATE IN THE IPL TOKEN WHITELIST SALE AND CROWDSALE. Missing a simple step might result in you not being able to participate or in the worst-case scenario even in you losing your investment.

Major steps for your safe investment:
Open a private Ethereum Wallet
Acquire Ethereum
Transact Ethereum to your private Ethereum Wallet
Register and pass the KYC process
Contribute
If you already have fulfilled any of these steps (when investing in cryptocurrencies before), you of course just do remaining steps to closeup the investment.

Disclaimer: All instructions and steps are based on best practices on security and ease of use. There are several other approaches and solutions, that are not appropriate for users without advanced knowledge on the blockchain technology and software.

Whitelist pre-sale and Crowdsale features and warnings
ONLY Ethereum (ETH) cryptocurrency will be accepted in contributions.

In order to acquire IPL Tokens on Whitelist pre-sale or Crowdsale, you will be able to contribute Ethereum Cryptocurrency only. Sending other cryptocurrencies (Bitcoin — BTC, Litecoin — LTC etc.) at the process of contributing will result in a permanent loss due to technical limitations of the process.

WARNING: Use PRIVATE Ethereum wallets for contributing, NOT Online Exchange accounts.

Please do NOT send Ethereum from Online Exchanges (Bitstamp, Kraken, Bittrex, Livecoin, Bitfinex etc.). Each of Ethereum addresses at Online exchanges are specially dedicated for only one cryptocurrency (e.g. Ethereum) and are unable to handle issued IPL Tokens. Sending Ethereum directly from Online Exchange account will most probably result in a permanent loss of your IPL Tokens or at least months of negotiating with Online Exchange’s Support.

Create and contribute from your own, private, ERC-20 compatible, Ethereum wallet. There are several ways to create your own wallet, we will describe some in later steps.

Phases are time limited
Contributions in Ethereum will only be accepted in certain time frames, that will be publicly announced on our webpage and social media. Please be sure not to miss your opportunity to contribute due to preparation process. Be aware that some steps can be time consuming, for example:

verification (if needed) on the Online Exchange (up to 2 weeks),
bank transfers (2–5 working days),
confirmation of your KYC personal data (depends on the amount of applications).
STEP 1: Open a private Ethereum wallet
There are several ways to open your private Ethereum wallet. What does it mean that it is “private”? It means, that you have the access to your private key, a string of numbers and letters, that must always stay secured — never share it with anyone. For security reasons, these private keys are often additionally encrypted with your own password.

General (most common) Ethereum wallet use-cases:

keystore file (UTC/JSON) + password, generated on MyEtherWallet.com web page and saved on several secured locations (recommended option),
full node, desktop software solutions — Mist, Parity. Wallet synchronization can take up to several days. (good choice for advanced users),
hardware wallets, such as Trezor and Ledger, that will keep your private keys secured (advanced use-case, recommended for increased security) and
metamask for usage in browsers (for advanced users only).
Creating private Ethereum wallet with MyEtherWallet.com
We will describe the most common use case: Opening a private Ethereum wallet with myetherwallet.com If you already have an ERC-20 compatible wallet, please go directly to Step №2 below. If you do not have it yet, please read the instructions below in every detail.

WARNING: When using myetherwallet.com in your browser, always check, if you are on a legit website. Never click on links on other webpages or in mails, that can lead you to malicious phishing websites, that are perfect copies of original site. Using these malicious sites you will reveal your wallet (keystore & password) to hackers, that will irreversibly take all your funds from your wallet! You must see a proper address and certificate:


IMPORTANT: myetherwallet.com site operates offline and will only propagate signed transactions to Ethereum blockchain. Be sure that a computer which you use to open this website through a browser, is properly secured with a firewall and an antivirus software.

To open/generate a wallet on MyEtherWallet, please visit https://www.myetherwallet.com/ and choose a strong password (e.g. not less than 15 characters long, consisted at least from one lowercase, one uppercase, one numeric sign). Choose the “Create New Wallet” button to confirm.

more is here with pictures

https://medium.com/insurepal-blog/full-step-by-step-guide-for-contributing-on-insurepal-whitelist-pre-sale-and-crowdsale-6d6e880c80b0

[masstahcoiner]

Insurepal Facebook reached 50k followers

https://www.facebook.com/InsurePal/

If we look all social network - Insurepal have a big community...and that before crowdsale

Awesome

[Hamphser]

if eth price rises, is there a chance crowdsale is already over?

I don't think so. Every project aims to sell his tokens offered for sale irrespective of the price. So even if eth prices go up or go down crowdsale token share(% of token supply offered to crowd) would be the same.

Most project I did encounter doesn't really rely on ETH price on reaching out their cap. As avirunes said they do aim for the tokens sold even the price of ETH surges up and hit up the cap most likely they wont really stop as long the coins not being sold completely as just being stated on their crowdsale.

[XIUYING_999]

https://youtu.be/NZbZ3CMHu60

great video explanation, rooting for insurepal 

[FoxSilver]

What IPL Tokens Used For?

The IPL tokens issued by Insurepal can be used to:

Insure blockchain business transactions– Fees and incentives for endorsers will be paid in IPL tokens.

Credit and social proof score– Social proof endorsers can make a guarantee with either a credit card or smart contract. When several endorsers guarantee the same person, their credit score will proportionally increase in value.

Award Insurance Premium Bonuses – By uploading a copy of their existing insurance policy, clients can receive rewards in tokens. This premium will grow more valuable with the number of endorsements a client receives.

Pay Incentives– Endorsers will also receive incentives for guaranteeing other users in IPL tokens (or fiat currency). Endorsers will then be able to sell their tokens or speculate and wait for a higher market value. They can of course also use these tokens to buy or renew insurance policies in the future or even to pay for services at shops that accept IPL.

Prove social identity– IPL token-holders will be able to identify themselves with the Insurepal community. Eventually, users will be able to sell their own social proof guarantee completely anonymously to receive both the guarantee and a proportionate share of their insurance premium.

Adjust claims – Insurepal’s tokens will also be used to process claims, and where necessary, make adjustments. The community will decide, in other words, on the basis of smart contracts held on the chain, what the settlement will be. Insurance companies no longer have to be involved.

[themathiasmiller]

What IPL Tokens Used For?

The IPL tokens issued by Insurepal can be used to:

Insure blockchain business transactions– Fees and incentives for endorsers will be paid in IPL tokens.

Credit and social proof score– Social proof endorsers can make a guarantee with either a credit card or smart contract. When several endorsers guarantee the same person, their credit score will proportionally increase in value.

Award Insurance Premium Bonuses – By uploading a copy of their existing insurance policy, clients can receive rewards in tokens. This premium will grow more valuable with the number of endorsements a client receives.

Pay Incentives– Endorsers will also receive incentives for guaranteeing other users in IPL tokens (or fiat currency). Endorsers will then be able to sell their tokens or speculate and wait for a higher market value. They can of course also use these tokens to buy or renew insurance policies in the future or even to pay for services at shops that accept IPL.

Prove social identity– IPL token-holders will be able to identify themselves with the Insurepal community. Eventually, users will be able to sell their own social proof guarantee completely anonymously to receive both the guarantee and a proportionate share of their insurance premium.

Adjust claims – Insurepal’s tokens will also be used to process claims, and where necessary, make adjustments. The community will decide, in other words, on the basis of smart contracts held on the chain, what the settlement will be. Insurance companies no longer have to be involved.

Nicely done mate, this is a really great summary on the advantages of using insurepal and what makes insurepal unique compared to other insurance cryptocurrency. I never really thought that users are able to sell their own social proof guarantee anonymously, but how though? What's the process behind this? And why is this beneficial to anyone? Don't get me wrong but I didn't understand that statement clearly, can anybody on here explain in detail regarding selling your own social proof guarantee to receive both the guarantee and proportionate share of insurance premium?. I'm not really familiar on how the insurance industry works so I'm quite noob regarding that, it will be great if someone can explain the prove social identity feature in detail, that will really help me grasp the idea entirely and will also help me in understanding the process of selling your own social proof guarantee anonymously.

[todavenera]

I just subscribe to mailing list at www.insurepal.io

Stay in touch

Enter your email address and join growing community of 12.655 subscribers who receive news and updates about InsurePal.

[xiao2017]

Don't miss amazing crowdsale 

[newinbtc]

Why to support InsurePal ?

• SOCIAL PROOF PATENT

We’ve successfully reinvented the social proof methodology for insurance industry. The approach has been filed for patent protection in the US and worldwide.

• SCALABILITY

Insurance is a $7 trillion global market. By becoming an early adopter of blockchain technology, InsurePal can gain an important advantage.

• INDUSTRY KNOW-HOW

InsurePal team combines best of both worlds – industry professionals with years of experience and dedicated blockchain experts with a track-record of successful crypto projects.

• INSUREPAL (IPL) TOKEN

IPL token will be the fuel of InsurePal platform, used by clients and 3rd-parties worldwide. The platform will use different means to incentivize participants and make the tokens available to a broad audience.

• SELF-REGULATION

Our business model allows self-regulation without the need of a central institution. As the risk-prone individuals will be automatically excluded, InsurePal can offer significant cost reductions.

• SOCIAL IMPACT

InsurePal motivates groups for a change to better. We’re creating a complete switch in paradigm and growing a global community that shares a common value of reciprocity.

[GT-RR]

Why to support InsurePal ?

• SOCIAL PROOF PATENT

We’ve successfully reinvented the social proof methodology for insurance industry. The approach has been filed for patent protection in the US and worldwide.

• SCALABILITY

Insurance is a $7 trillion global market. By becoming an early adopter of blockchain technology, InsurePal can gain an important advantage.

• INDUSTRY KNOW-HOW

InsurePal team combines best of both worlds – industry professionals with years of experience and dedicated blockchain experts with a track-record of successful crypto projects.

• INSUREPAL (IPL) TOKEN

IPL token will be the fuel of InsurePal platform, used by clients and 3rd-parties worldwide. The platform will use different means to incentivize participants and make the tokens available to a broad audience.

• SELF-REGULATION

Our business model allows self-regulation without the need of a central institution. As the risk-prone individuals will be automatically excluded, InsurePal can offer significant cost reductions.

• SOCIAL IMPACT

InsurePal motivates groups for a change to better. We’re creating a complete switch in paradigm and growing a global community that shares a common value of reciprocity.

Yeah InsurePal is going to bring something compeletely new to insurance industry. I am sure many will follow and/or use their platform. Can't wait for the PILOT to come out and social proof to start operating and functioning. Will be a win for the company and a win for the users/insurers.