Re: [pre-ANN-ICO] Blockchain Insurance Platform >> Legacymarket <<

Legacymarket is an online Blockchain based price comparison platform for insurances. Instant quotes are calculated upon facial recognition with the option for the customer to then accept, forming a smart contract between insurance provider of choice and customer.

The problem:

The current insurance industry - Paper systems, lack of transparency, fraud, bad advice, expensive premiums, lengthy beneficiary payouts.

The solution:

>>Legacymarket<< - Smart contracts, Blockchain technology, deep learning AI system, facial recognition ID, elimination of brokers, cost-
effective, faster payouts.

What kind of Token utility would be preferred by people? Suggestions are welcome and the best ones will be added to our Bounty program.

What all Token Utilities have you planned to offer? Knowing a few of them may help in thinking about other utilities. The concept sounds good for sure and has a definite use case around Blockchain.

Hello Cryptoconsult,

Currently in mind to use the tokens within the platform to discount insurances.

Could you contribute any additional utilities you would like to see?

Shouldn't product discount should be the primary reason behind moving to the Blockchain? I mean why do you need to have a token for that. Without any middlemen the insurance should come at discounted price by default. Better if you could elaborate on this utility.

One of the utilities could be around tokens acting as a Key to access the platform and get customers. For Example- X number of tokens gives platform access for Y months or Z customers, whichever happens first. X, Y, and Z will vary per type of businesses/individuals taking part in ICO. Like Hospitals, Doctors, Insurance companies etc......