GIIS - Global ICO Insurance System

[GIIS]

AMA Session with GIIS expert

We are proud to announce that our expert Mr Tony is joining an AMA session with Crypto Talkz. The event is scheduled for 12 PM UTC on September 22.

Here is the plan for the meeting:

Part 1 : Introduction
Part 2 : Twitter Questions ($50 - 5 winners)

You can ask your questions here (https://twitter.com/CryptoTalkzInfo/status/1438591120997421189?s19).

Part 3 : Free Asking ($50- 5 Winners)

One needs to follow certain rules to win the prizes.

Join GIIS Telegram Group
 (https://t.me/giisinitiative)Join Crypto Talkz Telegram Group (https://t.me/Crypto_Talkzs) & Channel
 (https://t.me/CryptoTalkzNews)Follow GIIS on Twitter
 (https://twitter.com/GiisInitiative)Follow Crypto Talkz on Twitter
 (https://twitter.com/CryptoTalkzInfo?s=09)Join us for the exciting AMA session!

[GIIS]

PHASE 2: Spacoin

Compensations for Spacoin tokens were transferred to all registered holders in full amount, the compensation for every token was fixed at 0.075 €/tk.

We thank all the participants for the feedback!

[GIIS]

PHASE 1: Superbloom

GIIS Insurance Compliance Department reluctantly rejected the Superbloom ICO project application for compensation programme. The project was not found trustworthy and it seemed to GIIS team that it never tried to work on the problems it claimed to solve.

To our great regret, we found this project lacking social impact and commercial potential and had to refuse from including it into our programme.

[GIIS]

PHASE 1: DateCoin

The DateCoin token passed the selection stage and the decision was made to include this coin to the GIIS programme participants list. Participants of DateCoin ICO will have an opportunity to pass through KYC procedure within two weeks from the launch of Phase 1.

GIIS Insurance reserves the right to email participants information on the launch and content of the compensation programme. The exact volume of compensation of your tokens can be found in the Client’s Area.

The expected compensation volume per token is 0.066 €/tk.

[GIIS]

PHASE 1: CryptoBank

The CryptoBank token passed the selection stage and the decision was made to include this coin to the GIIS programme participants list. Participants of CryptoBank ICO will have an opportunity to pass through KYC procedure within two months from the launch of Phase 1.

GIIS Insurance reserves the right to email participants information on the launch and content of the compensation programme. The exact volume of compensation of your tokens can be found in the Client’s Area.

The expected compensation volume per one token is 0.05 €/tk.

[GIIS]

Update for tokenholders

Dear ladies and gentlemen!

Our project was launched about a year ago. It has grown noticeably, and the number of ICO projects that have joined the program is rapidly increasing exponentially.

As of today, thousands of users of various ICOs have already been compensated for the value of their tokens within GIIS. The trust and interest in our project cannot fail to please, but, accordingly, the volume of work is also growing.

As a result, our team does not have time to process your requests as quickly as before. We are working to solve this problem and assure you that all incoming applications will be processed as soon as possible, and all token holders who have applied to us will certainly be included in the insurance program.

Thank you for your understanding.

https://giis.lh-crypto.com/

[GIIS]

Important information for Sharpay tokenholders

Dear Sharpay ICO participants!

We are glad to announce that the Global ICO Insurance System added Sharpay to its compensation programme. Sharpay has successfully passed Phase 1 of our programme, and now we start reimbursing tokenholders’ losses.

This programme works as follows: take the token price that tokenholders bought it for and its current exchange rate. And we pay the difference to all the happy tokenholders who register for the programme.

You can find all the instructions how to accomplish it here:

https://www.lh-crypto.com/download/GIIS_Sharpay_Token_Holders_(En).pdf

[GIIS]

GIIS & Crypto Talkz AMA Answers. Part 1

Late September, GIIS held an AMA with Crypto Talkz, and we are excited to share the answers given during the session! This is your opportunity to learn more about our project — read the Q&A and, if you still have questions — ask them in the comments!

Q. Could you describe GIIS and give us an introduction to the project?

Well, GIIS stands for Global ICO Insurance System. Basically, as the name suggests, it works as an insurance for ICO projects that were not as successful as the investors (the token holders) hoped for. Initially, we had an insurance system implemented for our ICO even before it took place and the investors seemed to be very happy with it, so we thought why not do the same for other projects? And that’s exactly why we decided to widen the system out to include other projects, so that other token holders can enjoy the benefits of an insurance should the project they invested in turn out to be ‘not-so-successful’. Essentially, the holders of participating projects get compensation in case the price of the token decreases after the ICO, thus the insurance compensates the difference in the prices.

Q. What are your main features that distinguish you from other projects and what competitive advantages do you have?

To be fair, it is hard to talk about competitive advantages, when there are no similar projects. I mean, insurance is a common thing nowadays, but not for crypto projects. Moreover, most insurances for crypto projects are typically implemented by the owners of this particular project, they do not extend to other projects. So, this I guess can be seen as an advantage. But all-in-all, the GIIS initiative does what many crypto enthusiasts dreamt of, but could never get from the ICO developers.

Q. So, How has the experience and background of your team been effective in the success of your project so far?

Speaking of experience, it is important to understand that we are not a new company, in fact this is not our first project either. LH-Crypto originated as a new-generation broker, one of the first ones globally to include the classical instruments as well as crypto currencies in one place, from one account etc. And all of that came through with our own insurance system, like I mentioned, the investors were happy about it.

So, we have not only taken the successful experience that we personally had, but also any issues or shortcoming that we faced – we improved upon those, so now, its even better under the GIIS.
We not only are looking to get the compensation issued to the participants of those ICOs, but also to integrate, promote and further help develop the projects, therefore making the corresponding tokens more usable, available and accepted wider. In fact, there is a whole approach about making an eco-system for the projects so they get a breath of fresh air.

Q. Are you working on any partnerships or marketing initiatives to help build awareness for your platform?

Yes, of course, we are. In fact, it is not possible otherwise to spread awareness of a project like this, I mean the crypto community is generally built on partnerships and strategic cooperation. We have a number of crypto agencies that help us promote the GIIS initiative directly, but also, we strongly rely on the word in the communities – people share, invite others etc.

Of course, we also reach out to some of the projects that we find interesting and promising and many of the owners are happy about it too. Well, it’s a win-win for everyone involved anyway. Also, as part of the awareness aim, we have a Bounty programme< but I guess we'd mention it a little later anyway!

Q. And lastly, What are the future development plans for GIIS?

Well, we are obviously looking to expand more and more, to include more projects, either by communicating with the owners, or by talking directly to the token holders of such projects. But, in short, we are going to include more ICOs under ‘our shield’, to make some more holders satisfied.
In fact, most of our plans are listed on the website and anyone can follow them to see how each of the tasks proceeds within the general roadmap https://giis.lh-crypto.com

[GIIS]

GIIS & Crypto Talkz AMA Answers. Part 2

We continue sharing the answers from the AMA session with Crypto Talkz that took place late September!

Q. What other ways to enjoy and earn GIIS?

Brilliant question!
So, there is actually a path within the token-holder perspective. Those who are willing to get an instant compensation can do so, but also, there is a second approach where we lock the initial tokens and let them prosper for a year. Obviously, if within this timeframe the price hasn't covered and surpasses the value lost - the insurance kicks in. But if the value is greater, then the owner not only gets the full benefit of a safe investment, but also gets to earn on top of that.
So, that's just within the insurance system itself. But also, we have a Bounty programme, just like I promised that we'd touch on it. Basically, anyone, who's, perhaps, not a holder of any of the applicable tokens, can still gain via the programme.
Here's a doc (from the website itself) to help better understand the possibilities and the criteria: https://www.lh-crypto.com/download/GIIS_Bounty_Explained_EN.pdf
If one is impatient - they have a chance to 'cash out' and move on. But if one is a crypto enthusiast and aims to capitalize on the initial investment - we have it covered too!

Q. What are your expectations about GiisInitiative both future and present? Are you satisfied at present for your project progress and success? What types of motives should be expected from your investors and users?
To be honest, all we are currently looking at is to cover more projects, reach out wider and get more onboard. It is pretty simple, yet takes most of the time and effort, as there is a whole process of onboarding the project, including the technicalities, not to mention negotiations with the token holders and the owners of the projects.
In terms of satisfaction - it is going rather steadily, of course one can wish for it to be quicker, but I guess that’s anyone project’s magical dream! =)
What we were probably not expecting, but rather hoped for, is for the project owners and the holders to be more upfront in terms of reaching out to us - it would greatly help us save some time!)

Q. Could you tell us how to purchase GIIS' token? When will you have pre-sale, private sale  and public sale events? And how to have a slot in these events?
Right, that’s where some of the confusion comes in, I guess. Let’s clarify!
So, under the GIIS, we are not selling some new tokens, we are not running a whole new ICO with the pre-ICO and other related events. It is more of a system, a protocol if you must, that helps the 'less fortunate' projects to continue developing, whilst protecting the token holders from the downfall of token value. That is the partnering projects tokens' value, not 'our own tokens’! Hope it makes sense and clarifies things a little!

Q. It is important to anticipate, calculate and hedge risks whenever possible. do we carefully review projects to avoid scamming ICOs? What characteristics must a project have to be accepted by GIIS?
Sure, it is very important to hedge the possible risks. Especially, for us, as the insurance underwriter, so we do not have financial losses if the project is merely a scam. That’s why we actually created a separate factoring department (just like banks have) to choose, examine and carefully select the projects to work with. We obviously don’t take some 'no-name' ICOs that no one ever heard of, not because they are not so interesting, but because the amount of work required is the same as with the other project, but would help less holders and smaller stakes are at question. So, to sum it up - sure, we do have specialists that make sure the projects in question are real and not some crypto scams.

Q. Your service compensates the market value of various coins that have lost market value. What procedures do I need to take to get a coin reimbursed? Is it simple to have a coin refunded?
So, it’s actually quite simple, subject to the project being accepted in the first place.

So, as the owner of the project can reach us and discuss this partnership, we also allow the holders to get in touch and pretty much vote for it. This is done since many projects actually get abandoned by the creators, so they don’t respond at all. Nevertheless, if the holders of the same token reach out to us on a large scale - we can try to assist them and see what we can do. If that is the case - our main page actually has al l the info for the token holders to apply! It’s followed by a quick questionnaire, but it helps us understand the project in question as well as filter some of the possible scammers too!

https://giis.lh-crypto.com/

[GIIS]

GIIS & Crypto Talkz AMA Answers. Part 3

This is the final part of the answers given during the AMA with Crypto Talkz that took place late September!

Q.How did you come with the GIIS project? Why do you think the crypto field needs you?

Good question! So, like I mentioned, during our own ICO a few years back we calculated that we can roll out insurance in case the price doesn’t appreciate as much as we and the holders want to. And we have seen a major support for this idea.

Eventually, this gave us an idea to extend the model to other projects, not just our own one. In terms of whether the crypto community needs it - we shall see. Since we get quite a lot of attention and incoming enquiries - looks like we certainly are needed by at least some) Moreover, insurance systems exist for decades in the real world...why not have them in crypto then?!

Q. Many people think that your project is fake. What is your opinion about it? And how safe is your project?

Well, funny thing, many people think that crypto currencies are fake altogether. So are the fiat currencies - merely shiny papers with different pictures, not supported or backed up by any assets. But hey, we are all here for a reason, right?)

Also, not quite sure is meant by 'many people’, as you mentioned and 'fake’. If you are referring to us having some other motives - then no. We do not ask for the full transfer of the tokens to us, in fact, in most cases, if one can prove they own it - we do not require a transfer at all. So, I hope it resolves some of the doubts those 'many' people have!

Q.Do you have tutorial videos so we can get to know your project more clearly or do you have a YouTube channel or something? Can you share it with us?

Absolutely! We not only have all sorts of social media for LH-Crypto (the mothering company), but also for GIIS itself. If you go to https://giis.lh-crypto.com/
you can find all social media links at the bottom - feel free to check!

Q. IS your platform suitable for Crypto beginners? Or does it only appeal to professional users?

It is surely suitable for any crypto user. We do not divide by experience, portfolio volume etc. That’s actually one of the reasons we make various guides, video-explanations, and many FAQs to help the 'newbies' of the crypto world to join us in one way or another. We try not to overcomplicate things with technicalities, since the pros would find them anyway, whilst the less experienced users can get scared. In the end, cryptocurrencies are just an alternative field of finance and investment. So, sure, anyone can join!

Q. GIIS takes existing tokens from less successful projects and makes them work better by creating a complete ecosystem for them. But how does GIIS really manage to promote projects or tokens that allegedly did not reach good figures?

To answer this and some other related questions. It’s a rather lengthy process to describe. But in short, many of the 'less fortunate' tokens are simply lacking the liquidity and the usability. We try to integrate them within our system and amongst our partners. To give you an example, of what it will look like - we are building a personal "Crypto Shop", here: www.lh-crypto.com/tokens-exchange/

So, imagine having tons of possibilities for various tokens - just like having various fiat currencies in your wallet and seeing how you can exchange them to buy different things - coffee, t-shirts etc. That’s a glimpse of what the plan is and what we are developing. It’s just a draft, at the moment, but hopefully gives the idea!

It's time for Wrapping Up, any last words you would like to say to the community?

I'd like to thank everyone who could join us today and the organizers for letting us share the project and increase the awareness.

Join our social media platforms, check our web-site and let's make the crypto community a better and safer place together!

[GIIS]

MAC 2021: Leading affiliate marketing show

Today and tomorrow the GIIS team attends one of the industry-leading events in CIS countries.

And we’re sharing the photos with you!

2 days and 10 000 m² for productive networking! This is going to be interesting!

https://giis.lh-crypto.com/

[GIIS]

GIIS at iFX EXPO in Cyprus

This week is sure to be a busy one for the team! We are participating in a number of large events, one of which is iFX EXPO.

The team of GIIS representatives is here to find new partnerships, since iFX EXPO International is the flagship show trusted by thousands of retail and institutional brokers, technology and liquidity providers, payment service providers, banks, affiliates and IBs, regulators and compliance as well as crypto and blockchain brands!

If you want to learn more about GIIS or you’re also attending the event, don’t hesitate to approach us with your questions! For even more information about us, see the website at https://giis.lh-crypto.com

[GIIS]

GIIS Client Story: Munya Stanford (South Africa)

And here is the new video in our series of GIIS private clients' success stories with the story of Munya Stanford from South Africa. Learn the independent opinion about GIIS.

https://www.youtube.com/watch?v=J98WG2r6A38

[GIIS]

MAC — largest international conference in Moscow!

The second day of the conference was a success for the GIIS team. New partners, lots of networking and business negotiations.

The Moscow Affiliate Conference did not disappoint us, it really is the largest international affiliate conference in Eastern Europe!

It proves to be truly useful for everyone who has attended it. The amount of talented teams, interesting conversations and panels is astounding!

It was especially pleasant to be there in person after two years of pandemic-related limitations!

[GIIS]

GIIS is looking for new ICO projects

GIIS is inviting founders of ICO projects to take their share in a mutually beneficial partnership.

LH-Crypto, a founder and a partner of Global ICO Insurance System, developed a new way to use tokens that people would otherwise leave unused. Now they offer an opportunity to exchange tokens (yours, ours or any others, the collection will grow with time) for goods and services. One can find the whole list of tokens available for exchange and the exchange items and services on this page at LH-Crypto.

https://www.lh-crypto.com/tokens-exchange/

Feel free to contact us! Our contact e-mail is: desk@giis.lh-crypto.com

[GIIS]

PHASE 0: Covalent

Covalent, or COVA tokens empower people to exchange and sell data by creating a whole new system for it. They use a decentralized computing network to establish constant data encryption.

Also, the COVA infrastructure keeps the data safe from fraudsters and other improper use. For example, they offer cards for payment with a number that can only be used once or pictures that can only be seen on the same day.

GIIS received a request for considering Covalent token for the reimbursement programme.

GIIS accepted the request, it will take us around 5-7 business days to come to a conclusion on it.

 https://giis.lh-crypto.com

[GIIS]

GIIS At iFX EXPO International 2021, Cyprus

iFX EXPO International 2021 in Limassol, Cyprus, was like a fresh breeze in the world of crypto expos, with lots of companies attending. Can't imagine better place were East better meets West, digital meets real, forex meets crypo and so on. Watch the episode to learn from our colleague's direct speech.

https://www.youtube.com/watch?v=ilSd7s4Q7vw

[GIIS]

PHASE 1: Envion

The Envion token successfully passed the selection stage and we decided to involve it to our programme. Everyone who took part in Envion ICO are entitled with two months starting from the present moment to go through the KYC procedures.

GIIS Insurance Team sees itself in the right to send tokenholders e-mails about the launch and the contents of the programme. One can check the full amount of the compensation in their Client Area.

The presumed compensation volume per token is 0.39 €/tk.

[GIIS]

PHASE 0: QLC Chain

QLC Chain project has a goal: help people save the Wi-Fi that otherwise would be lost forever and not used. Individuals and businesses can share their spare Wi-Fi and get QLC Chain tokens in return.

GIIS was asked to review this project and, if everything goes right, to take it into the Insurance Programme.

GIIS needs from five to seven days to finish this task, and then we will publish the results.

[GIIS]

More news about SharPay, a GIIS participant

More and more spreads the word!

Here in GIIS, we are glad when our programme sparks interest in more people around the globe. For instance, btcinfor.com gave a thorough analysis of one of our programme participants – SharPay project.

We remind you that SharPay token was included into GIIS Programme back on September 20th, and dozens of people have already received their reimbursement according to the programme rules.

https://giis.lh-crypto.com/news/1682.html