INS, The Grocery Market - Information About Fintech and More

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Kamis, 07 Desember 2017

INS, The Grocery Market

The grocery market, one of the largest consumer markets in the world, is forecast to reach $8.5 trillion by 2020. It is reaching a digital tipping point, with much of its growth to come from online. Online grocery, being the target segment for INS, is expected to grow from $98 billion in 2015 ​to ​$290 ​billion ​in ​2020, ​according ​to ​IDG ​estimates.

The INS token is not a digital currency, security, commodity, or any other kind of financial instrument and has not been registered under the Securities Act of 1933, the securities laws of any state of the United States of America or the securities laws of any other country,​ ​including​ ​the​ ​securities​ ​laws​ ​of​ ​any​ ​jurisdiction​ ​in​ ​which​ ​a​ ​potential​ ​token​ ​holder​ ​is​ ​a​ ​resident.

The INS tokens are not being offered or distributed to, as well as cannot be resold or otherwise alienated by their holders to,citizens of, natural and legal persons, having their habitual residence, location or their seat of incorporation in the country or territory where transactions with digital tokens are prohibited or in any manner restricted by applicable laws or regulations. If such restricted person purchases the INS tokens, such restricted person has done so on an unlawful, unauthorized and fraudulent basis and inthisregard shall​ ​bear​ ​negative​ ​consequences.

INS neither offers or distributes the INS tokens nor carries on a business (activity) in any regulated activity in Singapore,in People’s Republic of China or in other countries and territories where transactions in respect of, or with use of, digital tokens fall under the restrictive​ ​regulations​ ​or​ ​require​ ​from​ ​INS​ ​to​ ​be​ ​registered​ ​or​ ​licensed​ ​with​ ​any​ ​applicable​ ​governmental​ ​authorities.

Despite the tremendous growth, the grocery market has two large interrelated problems ​- ​abuse ​by ​grocery ​retailers ​and ​ineffective ​trade ​promotions.

The grocery market dominated by retailers
. Retail chains capture a very high share of grocery revenue and have a huge influence over manufacturers, causing deep impact on consumers worldwide. Retailers dictate what food is grown and how it is processed, packaged, priced and promoted. As an example, in the UK, four retailers serve as a slim conduit for 7,000 manufactures to sell their products to 25 million households , which demonstrates how the 1 existence of retailer abuse in the grocery industry has not only been allowed to develop but also thrived.

Ineffective, costly and outdated trade promotions practice. ​Trade promotion spending represent 17% of manufacturer’s sales . Each year, over $50 billion on trade promotions never reaches the consumer. Unfairness in today’s promotion-laden atmosphere go hand in hand with the rising costs of promotions and the inefficiencies they produce.95%of manufacturers admit that​ ​trade​ ​promotions​ ​inefficiency​ ​is​ ​an​ ​extremely​ ​important​ ​issue.


How INS Work ?



Product Search
The decentralized file storage network (we explore different options from IPFS to Storj) is used to maintain up-to-date databases of products listed by manufacturers. Consumers can apply sorting and filters to choose what they want to buy. Manufacturers may distribute proprietary apps derived from the reference implementation, in which they can choose specific sorting methods ​and ​filters ​for ​products.

68% of consumers that shopped online say they are very likely to switch grocers for a better
online shopping experience (quick, easy, convenient, enjoyable) . Browsing tens of thousands of products online can be very daunting for consumers, so we will make it as easy as possible for them to find the products that they love. For instance, we will provide catalogue filters for item ​attributes ​such ​as ​Local, ​Gluten-Free, ​Organic ​and ​On ​Sale. 


We will use the 1-to-1 personalization right from the homepage where consumers should feel that the experience has been tailored specifically to them. Consumers will see their previous orders, have access to their most frequently purchased items, and be shown products and specials that are relevant based on their shopping history. The 1-to-1 personalization will extend to search results, the products displayed at the top of each department, product recommendations ​in ​the ​cart, ​and ​daily/weekly ​offers.

Token Sale
Start ​date: 11:00 ​AM ​(GMT) ​on DECEMBER ​4, ​2017
Payment ​methods: ​BTC, ​ETH, ​LTC, ​DASH, ​USD ​(bank ​transfer)
Soft ​cap: 20,000 ​ETH
Hard ​cap: ​60,000 ​ETH
Token ​exchange ​rate: ​1 ​ETH ​= ​300 ​INS ​tokens
Total ​token ​supply ​(max): 50,000,000
Min ​purchase: 0.1 ​ETH

Bonuses : 


  • The ​exact ​number ​of ​tokens ​generated ​depends ​on ​the ​amount ​of ​funds ​contributed
  • No ​token ​creation, ​minting ​or ​mining ​after ​the ​end ​of ​the ​ICO ​period
  • Tokens ​will ​be ​transferable ​once ​the ​ICO ​is ​completed
  • If ​the ​soft ​cap ​is ​not ​reached, ​funds ​will ​be ​returned ​to ​the ​participants
  • Upon ​reaching ​the ​hard ​cap, ​the ​ICO ​will ​end ​immediately
TEAM


Details Information :

Website : https://ins.world/





Profile Bitcointalk : https://bitcointalk.org/index.php?action=profile;u=1011815

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