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Instar Token

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Instar Token is a Cryptocurrency​ which is building a new protocol for exchanging data. [1]​ Insight Networks is the company which created the token and contract. 

 

Features

Instar is a Blockchain​ based data exchange that allows individuals to manage and monetize the data they create in a liquid, real time data marketplace.[2]

 

The decentralized application is built on top of EOS, allowing for Asynchronous​ updates and rapid transactions. [4]

 

Token Sale

There is a total supply of 300,000,000 tokens, and $9.3 million worth of tokens were sold in the Pre-ICO round, constituting 5% of the total supply. [2]

 

Their fundraising goal is 22,000 ​Ethereum​ which is worth around $19,000,000. [2]

 

Users were required to have already completed Know your customer​ verifications, Network Contribution, and be approved with a registered Ethereum​ address in order to participate in the token sale. This verification period required up to 48 hours to confirm people's identities. [4]

 

See Also

List of cryptocurrencies

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Created: 2018-02-08T21:17:35.532Z
Last Modified: 2018-02-09T00:10:39.019Z