English name of Token: Cloud-Insurance Chain
Ticker of Token: CIC
Chinese name of Token: 云保链
Country of Incorporation: Singapore
Investors:OKex Blockchain Capital,Ce Yuan Ventures,JIC Capital,JLAB,Coincode Capital,Dou Wang。
Industry&Facts & figures: N/A
Description of the project:The CIChain is the first risk insurance platform to insure the world of blockchain. With wallet insurance and sending-coin lost insurance provided, CIChain is committed to creating effective and truly suitable insurance platforms and solutions for the blockchain world to enable all risky activities on the blockchain can be insured. The CIChain is an open-source blockchain application platform based on Ethereum’s smart contracts. Developers can customize rich innovative insurance products, and each user on the platform may spend CIC to implement the entire risk hedging process, from insuring, underwriting to claims settlement. The CIChain Platform realizes automate claims settlement by smart contracts, and the disintermediation greatly reduce trust and operating costs.
Total available supply:3,000,000,000CIC
Tokens in circulation: 1,350,000,000CIC(2018/01/30)
Pre-sale start date: 2018/1/24
Pre-sale amount: 0.86Billion（$9.00Million）
Public sale start date: N/A
Public sale amount: N/A
Public sale price: N/A
Token distribution: 45% for Sale,25% for Service Assurance Fund ,15% for Founding and Developing Teams, 5% for Ecosystem Development
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.