18 Aug 2018

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Intro ICO Review - Ecosystem for real estate market players


INTRO is a platform where every contractor, investor, home buyer or agent can participate in developing real estate plans. INTRO was initially initiated by the Gosstroy IT Division, a large real estate company based in Russia. The main objective is to secure and protect the investments of investors and buyers and also to ensure transparency in the global off-plan market.



INTRO is a BI system or referred to as" Business Intelligence "for off-plan development participants - builders, investors, home buyers, banks and other agents. Currently, INTRO IT products provide access to advanced market analytics for industry professionals as well as for home buyers Personally, it is hoped that this will make it easier for prospective buyers to get a home according to their wishes more easily.

Registration under the object of construction and investor contracts will be stored on the blockchain system, which in turn receives data from official state sources. In the Blockchain system, this will become more transparent, because all transaction systems will be recorded without data manipulation, and also with the blockchain system personal data will not be displayed.

This allows effective market analysis without violating the owner's rights to the protection of personal data. INTRO system users will be able to find the most attractive off-plan properties in dozens of countries and invest in ongoing construction under a smart contract.


Blockchain ensures the reliability of information about development plans and transaction security while avoiding intermediation costs by real estate brokers, lawyers, or profiteers. With a smart contract, this allows users to save up to 30% on property investment. 


Problem

INTRO has briefly explained the problem they want to solve with their extraordinary product. Below are the issues they have identified in their whitepaper:

  1. There is no integrated list in construction property.
  2. Data on off-plan property offers in-state registration that is still not well structured.
  3. There is no list of apartments, land for parking lots and commercial property under construction.
  4. There is no good and correct control mechanism for the stages of off-plan construction.
  5. Off-plan investors do not have access to reports to see the development of investments that affect their interests.
  6. Developers often experience cash flow gaps during the construction cycle.

The problems of numbers 1, 2, 3 & 5 are significant problems for investors were with fewer resources because they will not realize or cannot invest in property that they also do not have access to or rather they may not want to take risks that are not necessary due to lack of accurate information.

This information asymmetry generally results in many property investors who only invest in properties close to their local areas, where they can have transparent income documents or properties that have high reputable developers.

The problem of information asymmetry is one of the issues that makes me interesting because if INTRO can remove this problem for their customers, they will have significant market benefits because more and more international investors will be willing to buy property through their services.

In point number 4, lay people refer to the problem where there is no easy way to manage the amount of investment given to the developer. This is a serious problem, why is that? This is because if the developer runs out of funds provided by investors before completing their construction either due to negligence or incompetence, investors will need to provide more funds that reduce the potential for returns or ignore the project altogether. Investors are aware of this risk, and this is why some property investment opportunities that are a potentially profitable area too high risk if the reputation of the developer is still questionable.


Solution Made by INTRO

Fortunately, INTRO has put their solution to the problem just below the problem listed in their white book. Below are the solutions to the problems they have identified in their whitepapers:

  1. Their system includes a dynamic database of off-plan properties.
  2. Automatic linguistic analysis is used for data tokenisation. Then the property ownership record is matched with the development plan with the use of AI technology. In this way, the system detects and corrects errors caused by human factors or changes in building design.
  3. This system analyzes floor plans under construction. Any off-plan property can be found on the plan and marked as "sold" when the developer submits property rights to the investor. This allows instant monitoring of properties sold and stock.
  4. A special module in INTRO examines the relationship between the investment volume and construction phase.
  5. INTRO users can access anonymized state records on development plans outside the plan. This helps investors and home buyers to find reliable developers and profitable properties.
  6. Modules for private property auctions allow developers to quickly sell properties and close cash flow gaps without damaging general sales plans.

If this solution is successfully implemented, they will largely overcome problems related to information asymmetry, poor construction developers & developers need to quickly sell the property.
My main concern is whether & how INTRO will enforce compliance when it comes to developers who violate regulations, or if investors don't pay what is owed to the developer. 

If the developer or government agency provides wrong information accidentally or voluntarily and investors suffer or vice versa, what are the consequences? And if there are legal disputes as a result, how will INTRO mediate this problem? If INTRO has an effective way to deal with such disputes, then I think they will be able to easily get construction developers and international investors who are worried about this potential problem.

General Information


Token
ITR
PreICO Price
1 ITR = 0.28 USD
Price
1 ITR = 0.4 USD
Accepting
BTC. ETH, LTC, Various, Fiat
Minimum investment
12 USD
Soft cap
3,000,000 USD
Hard cap
15,000,000 USD
Whitelist/KYC
KYC
Restricted areas
Vietnam





    Investor


    Kirill Badikov
    Founder


    Denis Vechkanov
    CEO



    Oleg Obolensky
    CTO



    Andrey Machinsky
    Front-end Developer


    Denis Smoliar
    Leader of Development Team


    Diana Imamgaiazova
    Head of Communications

    Advisor


    Jason Hung
    ICO advisor

    Amarpreet Singh
    Blockchain & ICO Advisor

    Vladimir Nikitin
    Legal advisor


    Phillip Nunn
    ICO Advisor




    Roadmap














    8 Aug 2018

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    InsCoin for Knox Project (INSC) - Aims To Establish The First Insurance Company That Will Accept A Crypto






    The right design will make it easier for us and others, this can be likened to as well as designing when we are sick and when we will finance the education of our sons and daughters later. With the right design will provide the best solution in the future.

    With insurance, we can design what we need now and in the future that will bring benefits to ourselves. For example, insurance can make us have planning and expectations that are not blurred in the future, many companies offer insurance products that we can choose according to what we want.

    The job of an insurance company is to collect incoming funds that will be managed and will be returned to when in an emergency condition or according to the plan that we take, in a company with many plan insurance that can be taken and some of them have differences from these companies. Good business management requires funds that have been invested so that funds are more productive to manage.

    Investment activities by insurance companies in addition to supporting national development can also reduce insurance costs, where with this profit or profits obtained through investment funds, the presentation of profit elements calculated in determining the premium can be reduced.

    One Insurance Company is now starting to participate in payment methods through Crypto, KNOX Project will be the first insurance company to combine the real world with the digital world using Blockchain technology, creating the most efficient and sophisticated structure in the sector, to find solutions to certification problems and anti-counterfeiting insurance policies.

    Thanks to the platform developed by Knox's insurance, the policy will develop to be fully automated and eliminate the possibility of conflicts of interest between the parties involved.

    The insurance company is planned to be established in Lisbon, Dubai and the Bermuda Islands, to enable Knox's insurance to operate in a variety of laws and allow token economies on a global scale, for more details you can see it directly on their official website https: // inscoin. co.

    With a smart contract, the company will not have a delay in collecting credit, because the policy is issued only after receiving payment. This factor aims to significantly improve company management.

    With smart contracts in the event of an accident, real judges who will decide whether to pay them are no longer a company, which can have opportunistic behavior, but the blockchain system, which is not at all interested in human opinion, will decide whether the Accident is in accordance with the policies.

    This benefit will be the most important because it will increase the transparency of the company to customers.


    The Traditional Insurance Industry and the Main Issues as a Challenge to be Solved


    The insurance industry began in the 14th century in Italy. Since then, this sector has evolved from the beginning to use verbal methods to become a written policy and has now become a smart contract. This sector has gained tremendous growth, this is because insurance can now cover almost everything that is needed. In addition, the Industry continues to experience higher productivity year by year.

    Although the growth and development of the insurance industry are fast, however, fraud has become one of the main challenges that many players have struggled to overcome, this is a very serious problem. An FBI study stipulates that every year, insurance companies lose about $ 40 billion through fraud. This fee is transferred to insurance customers where every American family is forced to pay an additional $ 500 in insurance premiums. But now insurance companies have also been forced to invest in cybersecurity to reduce attacks like this.


    How can Blockchain change the Insurance Industry?

    Here are some benefits of using Blockchain technology in this Insurance Industry:


    To clients

    • Smart contracts prevent the spread of insurance policies to run in a fraudulent manner because that is the same system that will be issued after payment is received.
    • Clients have complete control over their insurance policies (transparent).
    • Customers can access all services through the WEB and the cellular platforms that have been provided and can check their policies.

    For Insurance Companies

    • With a smart contract, there will be no delay in collecting premiums, which is achieved to increase the company's cash.
    • Thanks to Blockchain, fraud policies will never be passed on to the company.
    • Blockchain improves business processes and ensures a truly immovable security system.

    For Brokers

    • Gain credibility for policyholders and beneficiaries.
    • Direct control over administrative reports.

    General Information

    Token
    INSC
    Platform
    Ethereum
    Standart
    ERC20
    Quantity

    Price
    500,000,000 INSC

    1 INSC = 0.0002 ETH
    Payment
    ETH
    Softcap

    Hardcap
    4,000 ETH

    39,444 ETH
    PreICO

    ENDED
    Start
    23 June 2018
    Completion
    08 July 2018
    ICO
    Start

    Completion
    23 July 2018

    30 Agus 2018





      Team



      Agostino Raffaele 
      Luongo
      Co-founder, CEO


      Giuseppe Luongo

      Founder



      Francesco Piras

      ICO Consultant


      Anna Maria Calcagni
      CFO and COO at 
      INSCOIN Holding OU






      Giuseppe Stabile
      CHRO and CBDO at 
      INSCOIN Holding OU, 
      Insurance Broker, CEO 
      at GS BROKER




      Andrea Mancini
      CMO at INSCOIN Holding OU




      Roadmap












      13 Jul 2018

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      Blockshipping GSCP ICO Review





      Blockshipping stands in Danish country precisely in Copenhagen, Denmark. Blockshipping develops a cutting-edge platform, this platform is called the Joint Global Joint (GSCP) that will enable potential savings for the global container industry efficiently by achieving a margin of USD 5.7 billion per year. This makes smarter handling of intermodal cargo containers. Blockshipping was founded in 2017 by Danish Peter Ludvigsen, where he has had experience since 40 years ago, the experience of key positions in international container shipments.

      The concept of a block-based GSCP platform is the world's first freight container registry with the first global platform that allows all players in the shipping industry to carry out various deals related to container handling. ICO GSCP has been open since last May, now ico will end on 31 August, immediately follow to become one of the shareholders of this blockshipping company.

      With a company that wants to revamp this new concept, the industry's blockers have shown great interest in supporting the GSCP platform. It's been funded by private angels and Danish Maritime Fund, and platform development has begun. But to further accelerate development and reduce time to market, they have decided to make sales through ICO which has been open since May 14, 2018, ago.

      Here are the problems that are affecting the shipping industry:

      Lack of Co-ordination of Each Other:
      The absence of a real-time registry for shipping containers has resulted in a large number of containers being moved around unnecessarily. This leads to additional operational cost suppression and will certainly waste business resources.

      Excessive Carrier Supply Limits:
      The global shipping industry has faced ongoing pressure on a regular basis. With the GSCP platform, it is expected to reduce the costs they incur, due to excess supply of vessel capacity.

      The existence of large carbon traces:
      The shipping industry generates around 3% of the world's greenhouse gas emissions. With this, there is an escalating effort by the European Union (EU) to limit CO2 emissions, which could increase the cost of capital across the shipping industry. This will have an enormous impact if GSCP can co-exist with them.

      Underutilized Shipping Container:
      The great inefficiency of the shipping industry is the empty or half-empty container transport because there is little transparency in the tracking process, or not at all. This will refer to the reduction in the process to generate potential income.

      The GSCP ICO offers a unique set of token features including a Revenue Sharing Model as well as a Market Maker Fund that allows ICO contributors to sell their coins back to the platform at a floor price until Blockshipping has met certainly fixed milestones.

      The GSCP token model involves the issuance of two tokens:
      • The internal utility token, Container Platform Token – or CPT
      • The external Revenue Share Token, Container Crypto Coin – or CCC.

      Increasing quality

      The GSCP ICO is not only the first Nordic shipping-related ICO. It is also the first ICO to be based on a new Danish framework called The ICO 2.0 Framework. The framework is expected to be published in May 2018 at the opening of the GSCP public token sale.

      The purpose of The ICO 2.0 Framework is to increase the quality standards for ICOs making sure that future Danish ICOs
      • are 100% compliant with Danish law,
      • aim at the highest standards in terms of security and quality of coding,
      • promote openness, transparency, and honesty, and
      • follow a strict code of conduct when it comes to communications and relationship building with the ICO stakeholder groups.

      Accept All Contribution

      No! A dedicated website will be launched to handle the public token sale and KYC registration process. To give a fair chance for everyone to purchase tokens, allow payment in both ETH, BTC, USD, and EUR and to avoid the gigantic transfer fees sometimes seen during pure Ethereum executed ICOs – we will not be using one central wallet to accept contributions. 

      Instead based on the chosen mean of payment we will create an individual and dedicated transfer option for each buyer and allow a certain time for the buyer to execute the transfer. If the buyer does not perform the payment in this time frame, then the CCC will be released back into the sales pool.

      General Information

      Token
      CCC
      Platform
      Ethereum
      Standart
      ERC20
      Quantity
      50,000,000 CCC
      Price

      Payment
      1 CCC = 0.62 USD

      ETH,BTC,FIAT
      Hardcap
      40,000,000 CCC
      PreICO

      ENDED
      Start
      1 Mar 2018
      Completion
      20 Mar 2018
      ICO
      Start

      Completion
      14 May 2018

      31 Agus 2018





        Team



        Peter Ludvigsen
        CEO & Founder


        Christian Gyntelberg
        COO


        Jesper Vedelsby
        CTO


        David Green
        Business Development 
        Director



        Tanja Lind Melskens
        Attorney, LL.M, Senior 
        Manager.



        Henrik Kure
        Partner, Attorney


        Advisor



        Simon Cocking
        Advisor


        Ian Scarffe
        Advisor


        Jesper Præstensgaard






        Roadmap