INS: THE REVOLUTIONARY APPROACH IN GROCERY PURCHASE USING THE BLOCKCHAIN LEDGER
The world today is experiencing a radical departure from the ineffective and inept ways businesses and transactions are carried out due to innovative and frontline inventions and technological advancement and this is coming to the grocery business- that line of business that deals directly with the daily to regular needs of the ever teeming populace- is not left out.
INS therefore, seeks to enter the world via revolutionizing and transforming the grocery market using the nascent and ever evolving blockchain technology to eliminate bottlenecks and undue market power exercised by the retailers and wholesalers in this sector of the economy. INS no doubt is one of the trailblazers bringing a welcome change to the ‘monopoly’ and power play exhibited by the middlemen/chain in the flow of goods from the manufacturers to the consumers
How does INS intend to bring this change? INS will be bringing frontline and notable transformations in the way goods and services are delivered and cutting the time of delivery of purchase. INS also will be playing a major role in cutting down losses from pick up to delivery, down time and even wastages. It is estimated that a third of the food produced today is wasted and there are people all over the world who are in dire need of what other people throw away.
INS is an innovative and wonderful concept that is birthed by minds that are professionals and trailblazers in their various fields of endeavour ranging from the banking industry to the retail businesses, who will be bringing their vast experience to the INS platform to create a system that is enterprising, involving and fulfilling. Because INS is dedicated to its goals and objectives, a non-binding memorandum of understanding was entered into with world renowned grocery manufacturers like UNILEVER, MARS, RECKITT-BENCKISER, FRIESLAND and UNILEVER FOOD SOLUTIONS, in order to help create and sustain this platform, cutting off the excesses and overbearing tendencies of today’s retailers and wholesalers and servicing the consumers directly at a very low and affordable price.
It is therefore with great enthusiasm and thrust that the INS platform will be penetrating the grocery market via decentralizing the market structure turning it into an online system through the application of the blockchain technology via smart contracts execution on the ledger.
The INS ecosystem will become a reality when necessary architecture and installations are in place with the hiring and retaining of professional manpower that possess the right skills cut out for the various tasks. Because this will involve funds, the INS ecosystem will be raising the needed funds by token sales to the public whether individuals, groups or companies to achieve the set target to enable takeoff according to the calendar of events.
Accordingly, the INS ICO will see 150,000,000 tokens up for purchase on the 5th of December, 2017 at 11:00am GMT at the rate of 1ETH equivalent to 300INS tokens of which the minimum purchase will be 0.1ETH. Payment gateways will be via Bitcoin, Ethereum, Litecoin, DASH coin or by bank transfer (USD). Bonuses will be rewarded to those who purchase inside of the first two weeks of the ICO depending on the day and amount purchased. Upon the expiration of the ICO window, if the soft cap is not attained, funds will be returned to contributors, however, if the hard cap is attained the project will move on quickly to the next phase and kick start a series of processes to actualize the objectives of the INS ecosystem. Upon the successful completion of the ICO, all contributors will receive an EIP 20 exchangeable INS token on the ETHEREUM network.
Below is a summary of the events lined up with the token:
It is important to emphasize that the advisors to the INS team and advisors are robust and reputable companies like IBM, Goldman Sacchs, General Electric, PriceWaterCoopers and a lot more who will not dare back a programme of questionable integrity and risk putting their reputation on the line. It is imperative, upon this background that potential investors seize this golden opportunity and ride on the wave of success to achieve their dreams at the same time contribute positively to the decentralization of the grocery industry. As the ICO date approaches, it is important that adequate preparations are made to purchase the INS tokens
There is a clear roadmap spelt out and there is a calendar of events to this roadmap after the sale
For more information please contact:
www.ins.world
https://twitter.com/ins_ecosystem
https://t.me/ins_ecosystem
https://ins.world/INS-ICO-Whitepaper.pdf
Authored by:
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