ABSTRACT
INZURA is the world's first ever insurance token that is
built with best in class protocol implemented to protect the crypto asset.
INZURA is the world's first crypto insurance where you can claim your
loss of cryptocurrencies with INZURA token. With best protocol
implemented, INZURA made it possible to give best in class protection
for your cryptocurrencies. With successful protocol and strategy of
INZURA, there is potential benefit to welcome new users without fear
of losing their valuable hard earned money. INZURA is built on
Ethereum smart contract which is one of the best platforms for smart
contract available in the market. INZURA is an ERC20 token that runs
on Ethereum blockchain. INZURA not only protects your
cryptocurrency, but also gives protection to ongoing ICOs and so there
will be no fear of scamming and losing your valuable money.
PROBLEM AND SOLUTION TO CRYPTO
MARKET
"HACK" and "SCAM" are the most known words in
the crypto space. Crypto market has gone through lots and lots of hacks
and scams over the past years. There are few hacks that have shook the
crypto market down to its very core. Roughly over 100s of mil0lion
dollar worth of cryptocurrencies were lost in 2018.
Scamming and hacking most often happen in this
crypto space and there is certain restriction to prevent scam and hacking,
but there is no solution to stolen or lost cryptocurrencies. INZURA is
here for the solution to these problems in crypto space.
MOTIVATION OF INZURA
The main motive of Inzura is to protect the user's crypto
asset and to increase the new users to the crypto market. The goal of
Inzura is to raise the market capitalization to trillions that can be
achieved just when a minimum 10% of the world's population starts
using cryptocurrency. How does new users come into the crypto market,
it is when they have no fear of losing the crypto asset and when
institutional money gets into crypto market. Inzura gives hope of asset
coverage and builds the trust that their money will not be lost forever.
The below example shows the position of crypto market
in current situation. When the market cap is low, big pumps and dumps
takes place and the volatility of the price will be very high. If the market
cap reaches to a certain high, the volatility risk will lower and will be
stable. Inzura will work towards the goal of reaching highest market cap
than other markets such as stocks and commodity
FIXED AUDITED PRICE
Fixed Audited Price (FAP) is the most important factor
that is to be considered in Inzura mechanism. Every 3-4 months, FAP
will be audited in order to maintain the number of users that will be
increasing. Since the total supply is very low and in order to stabilize
the IZA price from pump and dump by the users, Fixed Audited Price
(FAP) plays the major role in price stabilization. The premium claimant
is based on the FAP price that is fixed. FAP allows the claimant
leverage scalable and increases the asset value of their premium. Since
Inzura is for the crypto users, every actions and protocol implemented is
for the benefit of crypto users who use Inzura.
For example: Laura bought 10,000 IZA in ICO and plans to spend 5000
IZA for Inzura premium for asset protection and plans to trade the rest
5000 IZA in an exchange. In this case, Laura can sell 5000 IZA in an
exchange for $1. If there is high demand for premium purchase, users
may buy the token for $5. Since Fixed Audited Price (FAP) is fixed to
$1 and the claimant is leveraged up to 5 times, the maximum price IZA
can reach is $5 and there will be no use to purchase IZA token more than
$5 until and unless the Fixed Audited Price (FAP) is audited and
increased. Thus the value of the IZA token can be stabilized through
FAP protocol.
ROADMAP
- Q3 2017 Initial Phase
The initial phase of INZURA started in the mid Q3 of 2017
- Q3 2017 Team Setup
The team setup and community formation process were undertaken
- Q4 2017 Protocol
The protocol buildup process is done and every possible protocol is tested with cryptocurrency
- Q4 2017 Concept
Concept is built and finalized with blueprint
- Q4 2017 Testing
The protocol finalized and tested and minor and major errors were rectified
- Q1 2018 Token Mechanism
Token function and mechanism is structured to its perfection
- Q2 2018 Testnet
Token generated in the testnet and tested for token mechanism and rectified the errors
- Q3 2018 Registration
Company registration and domain registration completed
- Q4 2018 Token Generation
Token Generation in Mainnet
- Q4 2018 Promotional Airdrop Announcement
As part of marketing, Promotional Airdrop is conducted on website launch day
- Q1 2019 ICO Sale Announcement
Initial Coin Offering date and time is announced and the tokens are distributed to the users
- Q2 2019 Exchange Listing
Contract will be signed for listing before ICO ends and will be listed after ICO ends
- Q3 2019 Platform Live
Complete INZURA platform will be available for users to purchase premium
CHART
ICO sale 60.00%
Partners 10.00%
Treasury 5.00%
Founder 10.00%
Legal/marketing 5.00%
Airdrop/bounty 10.00%
IZA TOKEN OVERVIEW
NAME = INZURA
TICKER = IZA
MAX SUPPLY = 120,000,000
MINEABLE = NO
SOFT CAP = 1 Million USD
HARD CAP = 20 Million USD
PAYMENT METHOD = ETHEREUM [ETH]
TOTAL TOKEN FOR SALE = 72,000,000
ETH PEGGED = 200 USD
Token Sale
- PreSale
20%
Bonus
ETH = $200
IZA = $0.10
CAP = 10,800,000
1ETH = 2000 IZA +
20 % Bonus
- Round 1
10%
Bonus
ETH = $TBA
IZA = $0.15
CAP = 14,400,000
1ETH = ____IZA +
10 % Bonus
- Round 2
5%
Bonus
ETH =$TBA
IZA = $0.25
CAP = 21,600,000
1ETH = ____ IZA +
5 % Bonus
- Round 3
-%
+ Bonus
ETH = $TBA
IZA = $0.50
CAP = 25,200,000
1ETH = ____ IZA
Inzura is an ERC20 token which serves as an insurance token for your crypto asset. Inzura takes the crypto space to next level the way people see cryptocurrency. Inzura provides protection to your crypto asset by insuring your crypto asset like never before. Inzura is the world first token which serves as crypto insurance where you can cliam the lost/hacked/scammed cryptocurrency.
TEAM
- MUTHU SELVAN
FOUNDER AND CEO
- VIJAY MARAPPAN
LEAD DEVELOPER
- E.THIRUNAVUKKARASU
WEB DEVELOPER
- VIJAY KUMAR
WEB DESIGNER
- ARUN KUMAR
MARKETING HEAD
- MANAV KALRA
ADVISOR
- PAUL FRANCIS
ADVISOR
- RAGHAV SAWHNEY
ADVISOR
- MAYANK SINGH
ADVISOR
- HAMZA KHAN
ADVISOR
- JOYLIN TELAGEN
ADVISOR
REFERENCE
https://cointelegraph.com/news/the-mess-that-was-mt-gox-fouryears-on
https://economictimes.indiatimes.com/industry/banking/finance/ba
https://www.theguardian.com/technology/2018/jun/11/bitcoinprice-cryptocurrency-hacked-south-korea-coincheck
https://www.bankinfosecurity.com/bancor-cryptocurrencyexchange-loses-235-million-a-11188
https://www.businesstoday.in/current/economy-politics/bitcointheft-coinsecure-hack-bitcoins-exchange-india-19-
https://www.independent.co.uk/life-style/gadgets-andtech/news/bitcoin-price-hack-bithumb-cryptocurrency-exchangetheft-coinbase-a8408291.html
https://www.cnbc.com/2017/12/04/cyberattack-temporarily-hitsbitcoin-exchange-bitfinex.html
https://bitcoinexchangeguide.com/top-cryptocurrency-theft-hacks/
INFORMATION
https://www.inzura.world/
https://www.reddit.com/user/inzura_world
https://twitter.com/InzuraOfficial
https://t.me/inzuraofficialgroup
https://www.inzura.world/static/media/Inzura%20Whitepaper%20v1.2.2.fe2b638e.pdf
https://medium.com/@inzura.world
https://bitcointalk.org/index.php?topic=5106098.0
AUTHOR
https://bitcointalk.org/index.php?action=profile;u=2550286
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