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About Inmediate(DIT)

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What problem does Inmediate solve? (or: what human need does it satisfy?) and how exactly does it do so?

Many Insurers are exploring blockchain and smart contract supported products.

Yet an ecosystem is still missing. One that can bring these policies to the market in a convenient, consistent, and coordinated manner.

Inmediate fills that gap. We will provide the Insurance industry with that ecosystem where Smart Contract Insurance can be transacted at lightning speed, full clarity, and at much lower costs than ever imagined.

How is the idea monetized? How do the token holders profit?

The DIT Token is used to power the Inmediate network and works as a means to settle transaction fees, to reward or to get rewarded for participation in the marketplace. Access to the network and each activity on the network has an associated cost. Premiums and claims can be paid either in tokens, crypto or fiat currencies based on what has been provided for

in the insurance contract.

Insurers and Distributors will need to hold a minimum amount in tokens to be allowed to participate on the network. The number of tokens to be held will be reduced in bands as more insurers and distributors join and the value of the token increases.

When the number of insurers and distributors will increase, the number of products and transactions will increase, thus the value of the token will go up.

Team

Inmediate's team members.

Otbert de Jong

Otbert de Jong

Founder/CEO

Linkedin
Nelius Strydom

Nelius Strydom

Co-Founder

Linkedin
Tan Yi Sheng

Tan Yi Sheng

CCO

Linkedin
Kum Seng Wong

Kum Seng Wong

CFO

Linkedin

Roadmap


 
Q3 2018 Onboard 3 Major Insurance Partners 3 Proof of Concept Products (POC) ready Ecosystem design and specifications
Q4 2018 Token migration from Ethereum to Zilliqa blockchain 3 POC underwriting and pricing guidelines Prototype dApp on Zilliqa First Smart Contract Insurance Product
Q1 2019 Oracle network established with interface and settlement functions Eco-system integration and testing Marketing of initial products for public awareness Customer loyalty program Onboard more distributors

 

Q2 2019 Full Oracle configuration for prototype products Soft launch first prototype product 2nd and 3rd Prototype Smart Insurance product ready Complete distribution platform coding and connectivity White Paper on Insurance Oracles

Quick notes

Tokenomics

Token Info

Available tokens: 40% Price: 1 DIT = 0.04 USD Soft Cap: 4 000 000 USD Hard Cap: 16 000 000 USD Buy with: ETH Platform: Ethereum Location: Singapore Restricted: USA and mainland China are excluded

Other Info

MVP/Prototype: No Escrow: Yes Category: Financial Services

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What problem does Inmediate solve? (or: what human need does it satisfy?) and how exactly does it do so?

Many Insurers are exploring blockchain and smart contract supported products.

Yet an ecosystem is still missing. One that can bring these policies to the market in a convenient, consistent, and coordinated manner.

Inmediate fills that gap. We will provide the Insurance industry with that ecosystem where Smart Contract Insurance can be transacted at lightning speed, full clarity, and at much lower costs than ever imagined.

How is the idea monetized? How do the token holders profit?

The DIT Token is used to power the Inmediate network and works as a means to settle transaction fees, to reward or to get rewarded for participation in the marketplace. Access to the network and each activity on the network has an associated cost. Premiums and claims can be paid either in tokens, crypto or fiat currencies based on what has been provided for

in the insurance contract.

Insurers and Distributors will need to hold a minimum amount in tokens to be allowed to participate on the network. The number of tokens to be held will be reduced in bands as more insurers and distributors join and the value of the token increases.

When the number of insurers and distributors will increase, the number of products and transactions will increase, thus the value of the token will go up.

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