The grocery market one of the important sector of the FMCG sector, poised to reach $8.5 trillion by 2020. Currently grocery market is dominated by retailers. They have major control over households worldwide, and have deep impact on what should be grown and how it should be sold. As a result the ineffectiveness is not factored in, so a disruption in this field is very much needed.
The online grocery segment is expected to grow from $98 billion in 2015 to $290 billion in 2020, according to IDG estimates. Thanks to online grocery providers such as Amazon Fresh, InstaCart we are in the right direction. With digital revolution and everything happening with a click, online grocery will see a major change in coming days. And this is where INS ecosystem places an important role with its first global decentralized ecosystem directly connecting grocery manufacturers and consumers. INS provides a platform where consumers can buy products directly from manufacturers, with more transparent prices, wide range of high quality products. This is a win-win situation both for consumers and manufacturers.
INS Ecosystems creates the INS tokens, platform and technology. The aim of the project is to enable direct trade between consumers and manufacturers, reduce the dominance of few manufacturers and create a level playing field which in turn will make products cheaper upto 30%.
To be a part of this INS, the consumer has to create an account on the INS platform such as user profile and a wallet. The decentralized database using smart contracts will preserve all the data. These INS token will be traded on crypto exchanges and consumers will be able to trade including FIAT money.
The INS platform allows manufacturers to participate no matter what how small the manufacturer is, so that he can publish and promote his products, run loyalty campaigns and get feedback from consumers. INS will engage independent fulfilment center operators to join the ecosystem to ignite fast geographical expansion.
INS Ecosystem consists of very dedicated team, which means they will meet their target and will deliver the product right in time. With proper marketing and community development, product will be developed. The INS platform brings crypto to the daily use products and so it belongs to few cryptos based ERC-20 tokens. This isn’t any pyramid scheme, where they run an incentive scheme.
The roadmap shows the launch will be towards the end of 2018. A functioning app which provides supports to the users, manufacturers and suppliers at the same time is a tough task. If all goes according to the plan then everything looks good.
INS Ecosystem limits the middlemen and retailers, by doing so cutting the cost of products. The groceries available will be cheaper than retail stores and more important the convenience through which users can shop online. Manufacturers can publish and promote their products directly to the users and much more easily on their agreed terms.
INS Ecosystem can be related to something physical state where in we can see the crypto move in our day to day life. This isn’t something which is another glorious version of blockchain based shopping cart. And if major manufacturers are on board and if they are manage to meet their targets within the set deadline then it will gain major traction since grocery is into FMCG sector.
INS Ecosystem focused on expansion across worldwide, this will be boon for manufacturers to distribute small orders quickly and effectively. As groceries are recurring consumption products, so INS provides a huge platform for manufacturers. This may be a first step towards disruption of the retail sector.
Blockchain applications in INS
INS with smart contract will facilitate the sale through decentralized structure and people participate in the ecosystem. With blockchain backed system, payment will be inexpensive and will work more efficiently. A tokenized ledger will be initiated and tokens will be sent and exchanged at different times. The blockchain drives the whole INS platform and this will reduce the time delays, added costs and human errors that plague transactions today, automate inventory control, and streamline fulfilment processes.
The INS EcoSystem ICO Looks to BeOne of The Most Interesting ICO's of The Year.
Manufacturers Are Showing Interest in the INS Eco System.
When the word gets out I bet that every manufacturer will be on board. It just makes sense that these companies would want their products offered through the INS Eco System.
INS Token
INS Ecosystem have already token-ERC-20 named “INS” are in the Etherum network. The token can be used in the ecosystem of the INS and Cryptocurrency market. To be able to get a token, participants must be registered in the ecosystem of the INS Ecosystem in advance. During registration so attendees will get the user profile and also the wallet that will awake the security of personal data belonging to the participants. During the ICO then the token can only be owned by those who registered, but in future we will sell tokens freely to all corners of the world, on condition that the country allow and don’t break the rules in the country. The use of the INS Ecosystem the token is as follows:
- Manufacturers = Rewards: loyalty, promotion, cross-marketing, feedback. Minimum balance hold
- Consumers = Payment for orders
- INS Ecosystem = Referral rewards to consumer.
INS is listed in many exchanges, you can check details about listing here: https://coinmarketcap.com/currencies/ins-ecosystem/
Benefits to join us INS Ecosystem
When joining the INS Ecosystem then it will get the following benefits:
The manufacturer of the goods will be directly connected to the consumer.
Addressing the problem of dominance of large retailers and traders in various countries.
Offers a range of smart contracts to members of the INS Ecosystem.
Awards in the form of token INS Ecosystem for loyalty members.
Benefits to consumers: Get the price of high quality food at prices cheaper than in stores, online shopping process more easy, unlimited access to select the manufacturer of the goods.
Benefits for manufacturers: control the full price of the product and a list of products that will be sold, marketing and promotions directly to consumers, the feedback from the customers faster and more detailed.
Team & Advisor
More detailed information you can find in these sources:
Official website : https://ins.world/
Bitcointalk Ann : https://bitcointalk.org/index.php?topic=2208591.0
Whitepaper : https://ins.world/INS-ICO-Whitepaper.pdf
Twitter: https : //twitter.com/ins_ecosystem
Facebook : https://www.facebook.com/ins.ecosystem/
Telegram : https://t.me/ins_ecosystem
Author : Ozie94
ETH Wallet : 0xDa2F65ea0ED1948576694e44b54637ebeCA22576
No comments:
Post a Comment