What is InsureX (IXT)

Uses blockchain technology to streamline the process between buyers and sellers of insurance products – Provides a platform to manage the downstream processes related to programs, policies, premiums and claims – Charges a commission on transactions being executed on the marketplace and an annual subscription for memberships – The IXT Token works as a mean to reward or get rewarded for participation in the marketplace. Each activity on the platform has an associated cost specified in IXT

InsureX The world’s first Blockchain-based an alternative insurance marketplace, that aims to solve inefficiencies in today’s insurance industry. The company has partnered with some of the largest insurers in the world to bring the solution to market. InsureX was launched by a London-based company.

Details

Public sales: Jul 11, 2017 – Jul 13, 2017
Token supply: 100,000,000 IXT
Soft cap: 1,634 ETH
Hard cap: 83,778 ETH
Raised: 7,104,000 USD

Legal

Blockchain Platform: Ethereum