i-chain is an Insurance platform and ecosystem, which will transform the world insurance industry. The platform which the will automate insurance business, which will run over blockchain to ensure transparency, which will be provided for free. I-chain will ease barriers for new players to tap the insurance market; it will allow insurance companies to significantly cut their costs and get access to new customers; it will allow consumers to get tailored insurance products at lower prices. Insurance companies will be able to develop and sell their own insurance products on the platform, saving a big chunk of operational costs by using the built-in functionality. Micro-businesses will be able to provide tailored services, such as a call center in a specific language or expertise in certain areas, and many more. Individuals will be able to provide small services as insurance brokers or emergency commissioners, and many others. Global and Independent software developers will be able to offer their applications and services to insurance companies on the platform's internal marketplace, similar to the AppStore.
i-chain ICO began on May 17, 2018. The ICO token supply represents 35% of the total token supply, so there is a total of 1,750,000 ICHN tokens available, for 0.1 ETH each. The ICO funding target is 100,000 ETH, the funding cap is 500,000 ETH and is expected to end on May 16, 2019 or when the funding cap is reached.
Token Reserve Split (65%): To be announced.
i-chain ICO features a bounty campaign.