Aigang aims to disrupt the insurance industry by creating decentralized insurance contracts based on prediction markets and IoT sensors.
The current circulating supply is 17 million tokens. With the total supply at 29million, the remaining tokens are to be released next year.
This low supply puts the market cap at ~$50million at the current price, which means it has the potential to x10 in the coming weeks, as this project is clearly a top 100 coin.
The coin just got listed on its first major exchange Kucoin 24 hours ago, and its trading volume made it second highest on the exchange.
There are many more exchanges planned in the near future which will mean more price increases.
This is an excellent buy in price right now and it wont be at this price for much longer before it increases.
The roadmap is as follows:
Phase 1
MVP development v1.0 Ethereum blockchain smart contracts are written to control policy issuance, risk assessment and claim processing. A user interface exists for the insuree to manage all insured devices. Smart device-tracking software use cases are developed for issuing claims automatically. Blockchain environment: Ethereum Testnet Status: This work is completed and Proof-of-Concept Apps can be downloaded from iOS and Android App Stores.
Phase 2
PoC development v2.0 Ethereum blockchain smart contracts are updated to deliver prediction market functionality. The user interface allows stakeholders to operate the prediction market, access data, manage their portfolio of insurances underwritten. Back-end infrastructure is created for off-chain data collection and calculation. Early stage discussions with IoT device manufacturers and data suppliers. Blockchain environment: Ethereum Testnet Status: This is work in progress and early alpha can be accessed at
Phase 3 - 2018 Q1
Beta version. Release for Prediction Markets platform. Opening beta version of Insurance Prediction Markets platform. Blockchain environment: Ethereum Testnet.
Phase 4 - 2018 Q3
Release v1.0. Data providers integrations. API development. Stable and functioning Prediction market. Blockchain environment: Ethereum Mainnet.
Phase 5 - 2018 Q4
Release v2.0. Machine learning, real-time pricing algorithm, analytical platform, tokenised Insurance risk pools
Phase 6 - 2019 Q1
Release v3.0. Insurance Investments OTC trading platform, Insurance products development SDK.
Phase 7 - 2019 Q2
Release v4.0. Fully autonomous Insurance DAO.
CMC:
https://coinmarketcap.com/currencies/aigang/Website:
https://aigang.networkTrade:
https://www.kucoin.com/#/trade.pro/AIX-BTC
