INSECT Crypto Coin Rank 4847
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INSECT price in US dollars is currently
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ICO Status
INSECT ICO Details
Fund Raised (BTC)
60,000 ETH
Fund Raised (USD)
41500000
Security Audit Company
N/A
Founded in 2017, INS Ecosystem (ins.world) is the first global decentralized platform directly connecting grocery and FMCG manufacturers and consumers. INS Ecosystem raised over $41.5M during the token sale to bring blockchain technology to one of the grocery industry, one of the most important sectors of global economy, projected to reach $8.5 trillion by 2020.
Team:
- Peter Fedchenkov: Founder.
- Dmitry Zhulin: Founder.
- Dmitry Khovratovich: Blockchain & Smart Contracts.
- Michael Schmidt: US Expansion.
- Paul Yakshankin: Technology.
- Fedor Lisitsyn: Manufacturer Relationships
- Maria Lapuk: PR.
INS Ecosystem will be holding its ICO on the 4th of December, 2017. The ICO token supply represents 60% of the total token supply, so there will be a total of 30,000,000 tokens available, for 0.003333 ETH each at the offering. The ICO funding target is 20,000 ETH, the funding cap is 60,000 ETH and is expected to end on the 25th of December, 2017 or when the funding cap is reached.
Token Reserve Split (40%):
- 05% Advisors, bounty, early supporters;
- 20% Reserve fund;
- 15% Team;