Crypto market have gone through lots and lots of hacks and scam over the past years. There are few hacks that have shook the crypto market down to its very core. Even the top most exchange that handled 70% of the world’s bitcoin exchanges have faced most unexpected hack. Yet the hack did not stop there, about 120,000 BTC which was worth $72 million was stolen in August 2016. The hack continued all over the world from small volume exchanges to huge volume exchanges. South Korea have faced $30 million worth of hack in cryptocurrency in 2018. Exchange in India was hacked and over 440 BTC was hacked back in early 2018.
Users will not get back their lost cryptocurrency. To give solutions to all these problems, INZURA is developed and tested with the best in class protocol for insurance specially designed with cryptocurrency in mind. Inzura is the next revolutionary project in the crypto space. Inzura is an insurance token that allows users to claim their loss of cryptocurrency.
Inzura is the world’s first insurance token which serves as crypto-insurance where users can claim the lost cryptocurrency in exchange. Inzura brought the solution to post hack attack affected users to claim the loss and get the settlement in native crypto. Bringing a fully working insurance model will create trust in crypto space.
Insurance is a billion dollar market capitalization field where Inzura brings a major impact in crypto market cap and brings more standard to crypto space. Inzura made it possible after 1 year of hard work and tested on private testnet.
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.
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This is an interesting concept; any project that improves security around cryptocurrency is going to be welcome. The team looks nice and solid, it would be interesting to know more about how they will detect scammers though. I will keep an eye on this project
Thank you for rating us. Our premium will protect the user's crypto in exchange so that when they face loss of crypto in exchange through hack attack, they can claim the loss and get back their crypto in native coin.
Blockchain Developer , Android Developer, Consultant , Advisor of Marketing , Business Development and Investor. Rated on Jun 7, 2019
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Team: Team is good but too young. But Young energy. They need on the board good member who has past background in digital and global media to prove that this is good project.
Vision: Basically the concept of project is great. Everything is explained.
Product: Currently it is Demo not a real product but seems they are bring an innovative product to the market.
Crypto has become more familiar in recent years.
However, as investment destination of asset management still, we can not deposit with confidence.
The point that the crypto is inferior to other financial products is that the guarantee aspect to the user is weak.
This project understands that very well.
ICO should be used for the development of people and the industry.
This project is exactly one of them.
Even though exchanges build more and more security, can they give 100% assurance that user will not lose their crypto in that exchange?
What is the solution to users that have lost crypto in exchange so far. Need some external source like INZURA to cover the loss so that they can have their crypto back.
This product is very important for building an increase in trust in the crypto world. the current insurance market for crypto is small and largely only available to big consumers and enterprises.
The product doesn't clarify well enough how it will be able to detect scammers which could put the entire insurance organization at risk
Sir please note that our main motive is to give back the crypto to users who have faced loss in exchange by hack attack and got scammed from ICOs. We give back their crypto through our insurance protocol by introducing premium in our platform.
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The initial phase of INZURA started in the mid Q3 of 2017. The team setup and community formation process were undertaken
2
Q4 2017
The protocol buildup process is done and every possible protocol is tested with cryptocurrency
Concept is built and finalized with blueprint
The protocol finalized and tested and minor and major errors were rectified
3
Q1 2018
Token function and mechanism is structured to its perfection
4
Q2 2018
Token generated in the testnet and tested for token mechanism and rectified the errors
5
Q3 2018
Company registration and domain registration completed
6
Q4 2018
Token Generation in Mainnet
As part of marketing, Promotional Airdrop is conducted on website launch day
Initial Coin Offering date and time is announced and the tokens are distributed to the users
7
Q1 2019
After ICO ends, the exchange listing process will be undertaken
8
Q2 2019
Complete INZURA platform will be available for users to purchase premium
