The INS Token is a utility token, it used as a payment tool in the project infrastructure. Token demand is likely to exceed supply as product manufacturers unlike consumers will be required to buy tokens on their INS balance to form reserves for the payment of rewards. INS is listed in many exchanges, you can check details about listing here: https://coinmarketcap.com/currencies/ins-ecosystem/ . INS Token is in the list of default tokens for MyEtherWallet without need to add it manually. The ecosystem of INS is a four-sided trading platform where each participant can interact only with two other participants.
The INS platform will provide an infrastructure for the interaction of suppliers, buyers, operators and employees of distribution centers and courier services. Buyers will search for products from manufacturers, order and pay for them on the website or via the INS application. They can also participate in promotions, provide feedback and make estimates.Also, there are operators of distribution centers in the INS ecosystem – these are owners or those who rent premises where employees of distribution centers accept goods from suppliers, collect them according to customers’ orders and transfer them to a courier service. INS Foundation will seek independent operators of distribution centers which will either hire their workers at distribution centers or provide a platform for independent participants.
INS Ecosystem has continued to attract plenty of attention from interesting new brands.Ugly Drinks provides a range of unsweetened, naturally flavored sparkling water. Available in the UK and soon to launch in the U.S, Ugly Drinks is a reaction to over-consumption of sugary and sweetened beverages.Fastest growing UK fruit snacking brand Ape makes a tasty coconut-based range of snacks that are vegan, gluten free, and have no added sugar. They are currently stocked in 8,000 stores including major supermarket chains.Captain Kombucha produces an award-winning range of naturally fermented healthy drinks, now a market leader in both the UK and Germany. Handmade in Portugal, the premium organic drinks have 100% bio ingredients.
Quality oats brand MOMA has brought its tasty range of instant and on-the-go porridge, Bircher muesli and other breakfast goodies to INS Ecosystem. Moma is the UK’s fastest growing porridge brand and the number one Bircher muesli brand.Last but not least is Vivid, the UK’s number 1 matcha green tea drink brand. Every Vivid carton is made with organic matcha green tea from Kagoshima in Japan, and contains natural caffeine and L-theanine.
INS token sale successfully finished on December 25, 2017, reached its 60,000 ETH hard cap and raised US$ 41.5 million (based on average ETH price on Bittrex on December 25, 2017). Over 20,000 participants took part in the token sale and it was ranked as one of the largest token sales of December 2017. A total of 28.8 million INS tokens allocated to contributors. The unsold 1.2 million INS tokens will be airdropped to the token sale participants according to the schedule.
Instead of the planned 200,000 INS monthly airdrops for the token sale participants on April 30, May 31 and June 30, INS will do a single distribution of all the remaining airdrop tokens (600,000 INS) on July 2, 2018. This distribution will take into account ALL INS TOKEN HOLDERS, INCLUDING THOSE who didn’t buy during the token sale and PURCHASED TOKENS LATER.
To get the INS token airdrop, hold your INS tokens on your personal wallet or purchase more on exchanges and send them to your personal wallet!
Please mind that WALLETS ON EXCHANGES (Binance, OKEx, etc) are NOT ELIGIBLE for the airdrop. ONLY PERSONAL WALLETS are ELIGIBLE for the airdrop. DO NOT KEEP your INS tokens on an exchange if you want to get the INS token airdrop.
New INS Token Airdrop Rules Summary:
- The INS token airdrop is free and you don’t need to pay anyone to receive it. Hold your INS tokens or buy and keep them in your personal wallet to maximise your stake!
- All INS token holders (excluding team and advisors) are eligible for the INS token airdrop, INCLUDING those who didn’t participate in the token sale in December 2017
- The total number of the INS token airdrop for Apr-Jun 2018 is 600,000 INS
- The Airdrop will be distributed on July 2, 2018
- All eligible INS token holders’ addresses will be given “stakes” based on the balance of INS tokens that will be scanned on a daily basis at a random time
The airdrop stakes will be calculated based on token balances during the 3 months — from April 1, 2018 to June 30, 2018.
The exact number of INS tokens that an airdrop participant will receive is calculated as follows:
- (Stake of a participant) / (Total sum of stakes of all participants) x 600,000 INS
- Each stake will be calculated based on the average daily balances during 3 months since April 1.
- INS token balance on June 30, 2018 should be more than zero. Wallets with a zero balance of INS Tokens on June 30, 2018 will not be eligible for the airdrop.
Example of daily balance calculation
- April 01, 2018: Balance = 1,000 INS
- April 15, 2018: Purchased 500 INS → Balance = 1,500 INS
- April 20, 2018: Sold 1,500 INS → Balance = 0 INS
- May 10, 2018: Purchased 1,200 INS → Balance = 1,200 INS
- June 30, 2018: Balance = 1,200 INS
Update price for INS : https://coincheckup.com/coins/ins-ecosystem/markets
Market & Returns
- INS token price
- $1.00295 (-5.35%)
- 0.0016577659 ETH
- 0.00013102 BTC
For more information please visit links :
Website : https://ins.world/
Telegram : https://t.me/ins_ecosystem
Facebook : https://www.facebook.com/ins.ecosystem/
Twitter : https://twitter.com/ins_ecosystem
author : https://bitcointalk.org/index.php?action=profile;u=1153822