Distributed social proof insurance

InsurePal is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. The platform will serve as a replacement for insurances as we know today and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain, starting with the insurance of blockchain business transactions. The innovative approach has been filed for patent protection in US and worldwide. Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in form of financial commitment. The endorser who financially guarantees for someone has to use its own diligence when providing the guarantee to at the risk of losing their money. Through such endorsements, the network in whole becomes more risk aware. The platform will work as an dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using InsurePal solution.

About InsurePal
Short Brief about InsurePal ICO Startup with a score of 6.7, and this report was written on 22 June, 2018.
Take note that the information you see right now may change.

ICO Startup was alive at 22 June, 2018
Ico Start date was on 16 January, 2018, and the first post on bitcoin forum we see is on 19 May, 2017 with Subject Re: [ANN] [ICO] [IPL] InsurePal | Distributed social proof insurance.
Subject started by masstahcoiner who now has 925 and the status Sr. Member on BT website.

Startup END DATE was 16 January, 2018

ICO Startup has chosen Ethereum token staging and collected raise $18,000,000.

Company has 10 experts, some of them:

Thomas B. Manson.

Adam Parker

Gavin Conway (Chief Growth Officer).
Senior Blockchain Consluntant
Blockchain Business Consultant
Communications & Content Creator
Community Manager
Communications & PR Consultant
Blockchain & Business Development Expert
Insurance & Operations Expert
Marketing Specialist
Senior Insurance Expert
Blockchain Business Consultant
Blockchain Expert & Crowdsale Project Manager
Digital Marketing Consultant
Communications & Marketing Specialist
Co-founder & InsurePal CEO
Chief Insurance Officer
Chief Marketing Officer (CMO)
Chief Growth Officer
Chief Operation Officer (COO)
Chief Financial Officer
Chief Compliance Officer
General Legal Counsel
Chief Financial Officer UK
2015 Social proof and first round of funding
Insurance industry is full of irregularities. Founders identify the science of social proof as a solution and invest close to $500.000 to develop the social proof model and web app demo. Calibrated mathematical algorithms confirm the model brings from 30% and up to 70% cost reduction.
2016 US & worldwide patent
Social proof insurance patent protection is filed in US and worldwide. Founders pitch the idea in Silicon Valley but refuse several million offer to be able to develop InsurePal on their own terms. The methodology, viability assessment and a legal review of the project are developed. Blockchain is identified as the missing piece. Several meetings with crypto think-tanks occur. InsurePal core team is assembled.
2017 Core team & ICO preparation
InsurePal enters in partnership with Netis Group and expands the team with several blockchain and IT experts. The architectural design of the InsurePal platform and its functionalities begins. Parallelly, the extensive preparations for ICO go about.
16 January
IPL token crowdsale
2018 Platform launch & extended blockchain features integration
The development of InsurePal platform core begins. First social proof modules are ready to be used. PR & Marketing campaign launches. We obtain MGA insurance license for UK market and start with UK pilot project. Platform is further developed and new social proof modules are integrated, ready to be used by third-parties. Extensive legal and regulatory preparations to obtain the EU passport license begin.
2019 and on Global expansion & B2B partnerships growth
Additional functionalities are implemented. Partnerships with interested third-parties are further promoted. Implementation of claims community handling model begins. All InsurePal activities are promoted on a global scale. InsurePal platform to become a “to-go” global social proof insurance.
token info
Token Name IPL
Token Platform Ethereum
Token Total Supply 300,000,000 IPL
Token Amount For Sale 201,000,000
Token Role Utility
Ico Token Price 0.1000 USD
Ico Token Supply 67%
investment info
Fundraising Goal 18,000,000 USD
Fundraising Value $18,000,000
Accept Currencies ETH
Soft Cap 5,000,000 USD
Hard Cap 18,000,000 USD
Restricted Areas Canada, China, Korea, Singapore, USA
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width - 270 px
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