panjilaras: ICO Review Asure (ASR)

ABOUT ASURE.NETWORK

Asure provides a scalable blockchain network for decentralized social security built around openness, privacy, and fairness, and brings together individuals, companies and governments in a digital world.It’s finally happening. Join our TGE in August 2019. Become an early investor by registering for our TGE.

ASURE BLOCKCHAIN

The Asure Blockchain will be a performant and secure proof-of-stake based blockchain that enables high transaction throughput at a low cost, which would be necessary for implementing blockchain based social security systems within countries.

The Asure Blockchain is built on top of Substrate – a blockchain framework developed by the Web3 Foundation / Parity Technologies. Substrate provides a great abstraction of common blockchain functionalities and allows us to reuse common features, innovate faster, and develop new modules that solve problems within the domain of social security systems.

TGE – TOKEN GENERATION EVENT

The ASURE TGE will happen in two rounds. The ﬁrst round will take place in mid 2019. The second round will happen later in 2019. Tokens will be ERC20 / ERC223 compatible and limited in supply

ASR TOKEN

The token will be used for On-Chain Governance and by Network Validators as well as Service Providers to participate as stakers in the proof-of-stake consensus mechanisms of the Asure network.

https://www.asure.network/staking-rewards-calculator

REGISTRATION

Become an early investor by registering for our TGE. Due to KYC and AML regulations, only registered users will be allowed to participate in our TGE.

https://www.asure.network/kyc

Info Detail

The token pre-sale will start in August 2019.

Classification: Utility Token

Type: ERC20 / ERC233 Token

Total Token Supply: 100,000,000*

Accepted currencies: ETH

Exchange Rate: 1 ASR = $ 1 (ETH equivalent)

Minimum Contribution: $ 100 (ETH equivalent)

Hard Cap: $ 40,000,000

pre-sale

Pre-Sale: August 1, 2019 – August 15, 2019

Pre-Sale Cap: $ 5.000.000 – 10.000.000 ASR

Pre-Sale Terms: First week 50% bonus ($ 0.50) – After first week 25% bonus ($ 0.75)

Main-Sale

The token Main-Sale will start in December 2019.

Main-Sale: December 1, 2019 – December 31, 2019

Main-Sale Cap: $ 35.000.000 – 35.000.000 ASR

Main-Sale Terms: First week 15% bonus ($ 0.85) – After first week 0% bonus ($ 1.00)

ALLOCATION

TOKEN

The majority of ASR tokens will be available in a public presale starting in August 2019 with a total hard cap of $40 Mio.

45% Token Sale: 45.000.000 ASR

35% Foundation: 35.000.000 ASR

8% Team: 8.000.000 ASR

5% Bounties: 5.000.000 ASR

5% Family & Friends: 5.000.000 ASR

2% Advisors: 2.000.000 ASR

FUNDS

We envision that ETH derived from the sale of Asure utility tokens (“ASR”) will be allocated in the following manner.

Platform R&D: 40%

Tax: 25%

Marketing & Operations: 20%

Legal: 10%

Office Expenses: 5%

ASURE NETWORK ROADMAP

2014- RESEARCH

May 2014 – Blockchain Research

First research projects in cooperation with University of Applied Sciences and Arts of Dortmund to investigate the possibilities of blockchain for insurance industry and the development of first prototypes.

Aug. 2015 – Artificial Intelligence Research

First research projects about Artificial Intelligence, Machine Learning, Big Data, and Predictive Analytics.

Nov. 2016 – AI Kiev Labs

Paul Mizel and his team started the development of a prototype for an AI-driven insurance advisor and full-automated chat assistant. He has also built up an office in Kiev and coordinated the efforts as a product manager to further accelerate the development.

Apr. 2017 – Smart Contract Research

First research projects on the Ethereum blockchain platform and proof-of-concepts about smart contracts.

2018: MILESTONE 1: ASURE & MINIMUM VIABLE PRODUCT

Paul Mizel, Fabian Raetz, and Gamal Schmuck founded a new company to face new challenges and work on ideas that make the world a better place. With their expertise in the insurance industry, they felt the need for a new type of insurance based on the principles of DAO. Since then they are working on their vision which became Asure.

Jun. 2018 – Prototype I

Developed prototype of the German pension system. The prototype can be found here.

Dec. 2018 – Prototype II

Developed prototype of a decentralized pension system. The results can be found here

2019: MILESTONE 2: RESEARCH AND ASURE NETWORK DEVELOPMENT

Jan. 2019 – Research decentraliced pension

We propose the development of a decentralized, globally available pension system using the redistribution scheme and to use a public blockchain infrastructure to operate it. The research is summarized in our DEPOT paper

Apr. 2019 – Develop Asure Network and testnet

Develop first reference implementation of the Asure Network using the blockchain framework Substrate and provide a public testnet. The network is reviewable by the community. The Asure Network testnet explorer can already be foundhere.

Aug. 2019 – TGE PreSale

Please find all details regarding our public TGE PreSale in ourTGE paper.

Dec. 2019 – TGE MainSale

Please find all details regarding our public TGE MainSale in our TGE paper.

2020: MILESTONE 3: LAUNCH NETWORK AND GROW COMMUNITY

Asure Network 1.0 will operate as an independent chain at the very beginning, supporting Nominated Proof-of-Stake (NPoS), WASM based SmartContracts, and a token bridge to bridge the ASR ERC20 Token on Ethereum to the native protocol token of Asure Network.

Asure Network 1.0 is released and has a Mainnet. Community members start to experiment and implement first use-cases and products on the platform. The Asure ecosystem is scaled in development and extended by the relevant tools: AsureScan, AsureWallet, AsureBot, AsureId, AsureClaims

2023+: MILESTONE 4: GLOBALISATION

Asure Network 2.0 will connect with Polkadot and transform into a para-chain and multi-chain, which will increase the scalability and security of the Asure Network even further. Also, it allows the interaction with other para-chains that host functionalities like decentralized exchanges and more.

Due to the open and expandable design, the platform and the best products prevail through self-regulation and are widely used by individuals in the mainstream as well as by companies, authorities, and governments worldwide. Asure will become the industry leader in the decentralized autonomous insurance platform.

TEAM ASURE

The Asure team is a group of insurance and technology experts with decades of experience in business and information technology areas. The following people are working either full- or part-time for the Asure.Network.

Paul Mizel (GER): Founder & CEO

Fabian Raetz (GER): Founder & CTO

Gamal Schmuck (GER): Founder & CFO

Andrey Kuchaev (GER): Community Manager

Kersten Lorenz (GER): Blockchain Developer

Ramazan Kunas (GER): Blockchain Developer

Suzannah Weiss (US): PR Manager

Igor Gutjahr (GER): Business Operations

Eugen Falkenstein (GER): Team Manager

Wetscheslaw Lipp (GER): Blockchain Developer

Alexander Grünke (GER): Marketing

Patrick Möller (GER): Marketing