Arumi Crypto: INS Ecosystem Will Be The First Decentralized Market In The World

INS ecosystem

The Wholesale Market is one of the largest consumer markets in the world, estimated to be worth $ 8.6 trillion USD by 2020. Nevertheless, this wholesale market has several disadvantages: misappropriation by retailers and less effective promotions.

First, the wholesale market is still dominated by retailers. The supply chain states that most profits are taken by retailers that will harm both sides, producers or producers and consumers globally.

Second, non-current and ineffective advertising or promotional costs. Promotion costs require 17% of total sales proceeds. Each year is said to be more than $ 50 billion USD in promotional costs that can not reach consumers effectively and efficiently.

Looking at these two issues and by utilizing Blockchain technology, INS intends to implement a decentralized ecosystem that is able to meet consumers and producers directly. With this pattern, on the consumer side will benefit to get the goods more efficiently up to 30% while on the side of their producers will be able to reduce advertising costs, promotion and distribution significantly.

In terms of supply chain or supply chain, INS also sees ineffectiveness in the realm of how far food distance must go from the field where they are harvested to the table where they are served. INS intends to address this problem by allowing each user of INS to access a nearby manufacturing or manufacturing company to transact goods, including linking directly to farmers.

Competitive advantage

The INS ecosystem will be the first decentralized market in the world where consumers can directly purchase products to producers, enjoy low-cost and transparent prices for quality goods and reduce advertising costs. Producers will compete directly to get the hearts of consumers.

In addition, INS is also able to provide incentives to its users as follows:

Incentives for Manufacturers:

Market products on the platform for easy viewing and ordering by consumers;
Give a fair price for each of their goods and be allowed to compete directly with other manufacturers;
Change the INS applications according to their wishes and needs to increase consumer interest in repurchase and perform cross marketing reward functionality.
Serve with all your heart and honesty to get a high ranking so as to attract more customers.
Can create attractive promotional schemes and loyalty tools and programs to keep customer loyalty and gain new customers.
Get feedback, feedback, and suggestions right from the customer.

Incentives for Consumers:

Can make daily reservations for all their needs, including goods for consumption at a cheaper price than retailers.
Orders can be directly delivered to the front of the house without running out of time if doing offline shopping.
Provide feedback, feedback, and suggestions directly to the manufacturer
Receive numerous awards from the program provided.

INS Token

Structure

After the ICO period ends, all contributors will get an ERC20 token that can be redeemed to the INS token on the Ethereum network. Each time an INS blockchain is launched by its own mechanism, the ERC20 tokens will still be accepted to redeem new tokens in ratios 1 to 1.

The INS Token is a core component of the INS ecosystem and is designed to facilitate all forms of operation within the platform. Thus, it is expected that the INS token will become an integral part of the ecosystem and become the economic substance of this ecosystem. This INS Token has properties like money, which can be shared, transferable and have the same value wherever they are.

Usefulness

The INS Token is planned to be used as the sole cryptocurrency for incentive programs and all payments in the INS platform. Going forward, they have plans to work on the INS Token accepted as a means of payment across partners who work with INS.

From the manufacturer side, the INS token will have the function to:

Give rewards to loyalty, promotional, cross-marketing and feedback programs.
Minimum balance to hold

In consumer terms, the INS token will have the function to:

Make a payment for each order.

In terms of its own platform, the INS will work:

As an incentive for the referral program for each INS consumer

Bulk Adoption

One of INS's first major targets to do is to introduce Consumers widely to this Decentralized Online Market technology. Of course there are still many people who still do not understand what is cryptocurrency and basic knowledge about blockchain technology.

INS Ecosystem will expand into each crypto community and will focus on each of its activities to communicate and inform about this technology that will inevitably require knowledge of the wholesale industry and blockchain in depth and specifics.

With the INS team experience, they are well aware of what consumers want. It says in their whitepaper that they will simplify and penetrate directly to consumers to make purchases, earn revenue and use the INS Token. Any complexity to open and organize a digital cryptocurrency purse will be as easy as possible within the INS platform, be it a website or a mobile app.

Sales

Sales begin on December 4, 2017 11: AM (GMT)

Payment method: BTC, ETH, LTC, DASH, USD (Bank Transfer)

Soft cap: 20,000 ETH

Hard cap: 60,000 ETH

Exchange Rate Token: 1ETH = 300 INS tokens

Total suply (Maximum): 50.000.000 INS

Minimum purchase: 0.1 ETH

Bonus Schemes Offered:

Total Contributions

Above 100 ETH 10-100 ETH Below 10 ETH
First day 25% 22.5% 20%
Day 2-7 20% 17.5% 15%
Week 2 10% 7.5% 5%
Week 3 0% 0% 0%

The exact number of tokens will depend on the total amount collected
There is no creation of new tokens, printing and miing after the ICO period ends
Token can be transferred when ICO is complete
When softcap is not reached, funds will be returned to participants
When it reaches hardcap, ICO will finish in place.

Roadmap

GEOGRAPHICAL EXPANSION PLAN

We plan to select cities for expansion based on population size, income level, and food market concentration ratio. The map below presents an initial list of cities, which may change as we progress with the project.

The previous experience of INS founders with Instamart serves as a powerful jump start. We plan to actively involve the owners of an independent fulfillment center to join the INS ecosystem, further accelerating the expansion and improving the decentralized nature of the ecosystem