Black Insurance Digital insurance in blockchain

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BLCK.gif

What is Black Insurance?

Black is a digital insurance company in blockchain.
Our platform connects direct insurance brokers with capital allowing them to launch their own virtual insurance companies. Thus Black will improve the insurance industry fundamentally. Black is an insurance platform like Lloyds of London in blockchain at no cost, delay and bureaucracy we are witnessing today.

The insurance business will be generated by a local MGA / Broker / Agent responsible for designing insurance products for the market, setting prices and selling products and managing claims handling. Delegating a business to a local agent creates a measurable Black business model while bringing business decisions closer to the end customer.

Black is here to make a difference
Black will use the blockchain to transfer risk directly from clients
(insureds) to financial backers (Black Syndicate Token Holders):

1. Minimization of all inefficiencies
2. Save all data securely in blocks
3. Transparent business activities using smart contracts
4. Faster innovation by platform members

About Tokens and Sales

The Black Foundation will issue two types of tokens:
Black Platform Token (BLCK utility token) and Black Token Syndicate (BSTs security token). BLCK may be purchased and owned by any User account on the Public Ethereum network, while BST can only be purchased and owned by verified "Accredited Investors". BLCK will be used to pay for the Platform Services, they will not benefit, and the total amount of BLCK will only shrink as it is burned by the Black Foundation. BST is an investment made by Syndicates that will generate profits,
and the number and type of BST will grow and shrink based on different ones
types of syndicates that exist at any given time.

➢ Token Name: Black Platform Token
➢ Token symbol: BLCK
➢ Maximum supply assuming that all tokens are sold at maximum discount: 471.082.089
➢ Soft Cap: US $ 2,000,000
➢ Hard Cap: US $ 45,000,000
➢ Sales Token Start: 8/31/2018
➢ Sales Token Period: 30 days

Hard stamp $ 45 million
use of funds & Token Distribution


We will run a global insurance company by delegating underwriting decisions to local teams that have access to our capital and technology. It will be like Lloyds of London on blockchain without the huge fees, regulations, slowness and bureaucracies we see in insurance today.


Total Bounty Budget will be allocated along all bounties as follows:
Facebook – 15%
Twitter – 20%
Bitcointalk signature – 20%
Telegram – 10%
Reddit – 15%
Articles and blog posts – 20%


General Terms:
1 | The bounty campaigns begin at the moment of creating a thread on Bitcointalk.
2 | 1% is awarded to the bounty, the amount of rewards will depend on the token sales results.
3 | The Bounty Manager can make small changes to the Bounty campaign if necessary.
4 | By using a multi-account, the use of someone else to do work and spamming or any kind of unethical behavior when you participate in one of the campaigns is not allowed and you will be disqualified from all fees.
ICO structure
Pre-sale Start ____________ 7/31/2018
Pre-Sale Period___________30
Pre-sale Ships _____________ $ 15,000,000.00
Pre-sale Conditions___________First week 25% bonus and after first week 20% bonus
Token sales start _________ 8/31/2018
Token Sales Period_________30 days
Soft Hat _________________ $ 2,000,000.00
Hard pet $ 45,000,000.00
Token Symbol____________BLCK
Total Token Number ____ 471.082.090
Exchange Rate____________1BLCK = 0.2 USD
Minimum Purchase ________ $ 100.00
Accepted Cryptos__________BTC, LTC, ETH
Adjustability______________Undistributed tokens will be destroyed by token contract.
Listing___________________BLCK tokens will be listed on crypto exchanges.
Token Holder Advantage______BLCK can be used for services on Black platform. Black will ensure that service fees payable to BLCK until January 1, 2021 will be at least 20% cheaper than service fees paid in any other currency.
Token Trade Restriction _____ Only team and advisors have holdings and sales closing periods


Our Road Map

ICO Structure


Bonus


Team

Screenshot_63.jpg

Counselor


For more information and join social media INSURANCE BLACK today please follow some of the following sources:


Bitcointalk Username: deniyoga

My Etherwallet: 0x7D272F921C250d92ed01FD8eDb5fB315C41770bC

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