PaymentsJournal
SUBSCRIBE
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
  • Analysts Coverage
  • Truth In Data
  • Podcasts
  • Videos
  • Industry Opinions
  • News
  • Resources
No Result
View All Result
PaymentsJournal
No Result
View All Result

INS Ecosystem Announces INS Tokens Listed on Binance, the Leading Crypto Exchange

PaymentsJournal by PaymentsJournal
January 15, 2018
in Press Releases
0
INS logo

INS logo

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
INS now tradeable on the world’s largest cryptocurrency exchange by trading volume

New York, New York, January 15, 2018 — INS Ecosystem, the decentralized grocery marketplace, today announced that its token (INS) has been listed on Binance, the largest cryptocurrency exchange in the world by trading volume. Available for trading immediately, the INS listing is supported by BTC and ETH pairings. The announcement follows INS Ecosystem’s $41.5 million USD token sale in December 2017.

Aiming to disrupt the $8.5 trillion USD global grocery market, INS Ecosystem was founded by Peter Fedchenkov and Dmitry Zhulin and is set to pilot in 2018. The platform connects manufacturers directly with consumers with an aim to allow manufacturers to market and sell their products directly to consumers, and in turn, save consumers up to 30%. With INS Ecosystem, manufacturers can reward customers across the marketplace with INS tokens, creating direct and personalized loyalty programs that drive customer lifetime value.

INS Ecosystem Co-founder, Peter Fedchenkov said, “The support of a global community is paramount as INS Ecosystem works towards transforming the grocery sector and driving change. Encouraged by the fifth largest Telegram community of any blockchain project and over 20,000 participants in our token sale last month, our pursuit of widespread adoption took a major step forward today with the listing of INS on the industry’s largest exchange.”

Launched in July of 2017, Binance offers users a secure and highly liquid marketplace for cryptocurrency trading in major coins such as BTC, ETH, LTC, and BNB. With a certified matching engine capable of processing 1,400,000 orders per second, Binance is one of the fastest exchange in the market today.

Binance Business Development Director, Yingqi Ouyang said, “Since its inception, Binance has strived to offer our users the chance to take part in the most exciting projects in the space. INS Ecosystem’s compelling long-term vision, and the relentless passion of its growing community, make it a perfect example of a token that Binancians will want to get a hold of.”

The INS Ecosystem token sale finished on December 25, 2017 after the 60,000 ETH ($41.5 million USD at the time of close) hardcap was reached. The INS Ecosystem token serves as a method to power direct manufacturer to consumer loyalty programs and can also be used as a means of payment.

“A vote of confidence in our project, today’s listing on Binance is a key factor in driving the growth, development, and adoption of our platform. With an ambitious roadmap and an equally ambitious end-goal, we are excited and eager to continue on our journey to transform and enhance the consumer-brand relationship across the globe,” concluded Fedchenkov.

For more information visit https://ins.world/

Tags: CryptocurrenciesINS Ecosystem
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

    Analyst Coverage, Payments Data, and News Delivered Daily

    Sign up for the PaymentsJournal Newsletter to get exclusive insight and data from Mercator Advisory Group analysts and industry professionals.

    Must Reads

    cross-border payments

    Cross-Border Payments: Fighting
    E-Commerce Fraud Using Data

    March 20, 2023
    fraud, ChatGPT-4

    How to Fight Fraud While Still Enabling a Great Online Customer Experience

    March 17, 2023
    RTP

    Financial Institutions Without an RTP Strategy Risk Being Left Behind

    March 16, 2023
    visa chargeback

    New Visa Chargeback Guidelines Will Be a Game Changer

    March 15, 2023
    liquidity management

    Liquidity Management Takes on Increasing Importance in Uncertain Economic Times

    March 14, 2023
    payments

    Key Challenges from Growing Payment Methods and Volume

    March 13, 2023
    Data Governance is a Journey, financial data

    How FIs Can Power Their Operations with a Modern Data Architecture

    March 10, 2023
    ISO 20022

    How Banks Can Realize Business Benefits and Reduce Payments Fraud With ISO 20022

    March 9, 2023

    Linkedin-in Twitter

    Advertise With Us | About Us | Terms of Use | Privacy Policy | Subscribe
    ©2023 PaymentsJournal.com

    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    Menu
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Videos
    • Industry Opinions
    • Recent News
    • Resources
    Menu
    • Industry Opinions
    • Recent News
    • Resources
    • Analysts Coverage
    • Truth In Data
    • Podcasts
    • Industry Opinions
    • Faster Payments
    • News
    • Jobs
    • Events
    No Result
    View All Result

      Register to download the Autorek complimentary report: Payments Industry Outlook 2023: