Get ready for InsurePal Crowdsale

VouchForMe
VouchForMe blog
Published in
3 min readJan 12, 2018

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Here are some last-minute tips for you to get ready for the crowdsale and make sure your investment stays safe. Beware of phishing attacks: double check websites, watch out for spelling errors and false user identities, pretending to be InsurePal admins. If the offer is too good to be true, it usually is.

Crowdsale start time: 16 January at approx. 13:00 UTC
Official crowdsale website link: https://insurepal.io/crowdsale
Official live-stream link: It will be published on official InsurePal Facebook page
Accepted currencies: Ethereum only
Minimum/maximum Contribution Amount: Not limited*
Crowdsale Hard Cap: $18 million dollar
Bonus: 10% bonus for those that will contribute in the first 96 hours and for those that will contribute more than 50 ETH.

When does the crowdsale start?

InsurePal crowdsale is set to begin on January 16 at approximately 13:00 UTC. To make sure you are on time, check this interactive time zone map: https://www.timeanddate.com/time/map/. Please, also note the start estimation is not necessarily 100% accurate, as we begin on a block.

All who wish to participate are advised to whitelist as soon as possible as KYC process takes time and spots are getting extremely limited.

The crowdsale will go live once a specific block is reached. We will calculate and publish the block a few hours prior on the day of the crowdsale.

When the crowdsale is LIVE, we will make an official announcement and publish the public wallet address here: https://insurepal.io/crowdsale. We will also livestream the event on our Facebook page.

Who can contribute in the crowdsale?

Only those who have successfully passed KYC process will be able to contribute in the crowdsale. Our team is working around the clock to make sure all your requests are handled in due time. However, the demand is increasingly higher. For that, we will be able to provide KYC verification only to those users who will submit the application form by Sunday, 14 January. To those who will sing up later, we cannot guarantee to be processed until the crowdsale begins, but we will certainly do our best.

To whitelist, sign up here: https://insurepal.io/whitelist

Reminder: If your KYC was already approved for the presale, you do not have to do it again. But, it is important and necessary to whitelist your wallet from which you’ll contribute during the crowdsale. The unique addresses that were given to you during the presale are no longer valid in the crowdsale.

Is there a minimum/maximum for the crowdsale participation?

No, there is no minimum for the crowdsale contribution, but the amount must be transferable. For each transaction from your wallet, you will need some “gas”, which is the fuel for the Ethereum network, that validates and confirms your transaction. Gas is paid in Ethereum (ETH). In practice, you will need an additional small amount of ETH to send ETH from your wallet. Check https://ethgasstation.info/ for the current status of Ethereum network and sufficient Gas price.

Is there any bonus available in the crowdsale?

Yes, there is a 10% bonus for those that will contribute in the first 96 hours and for those that will contribute more than 50 ETH.

Last-minute reminders for our InsurePal community:

  • Double-check the wallet address. Before sending your ETH, please check the wallet address on our subpage and DOUBLE check it by following our live stream.
  • Do not send ETH before the crowdsale start time. We will disclose the wallet address publicly on January 16. However, you have to wait for the crowdsale to actually begin, before sending in your ETH.
  • Beware of scamming pages. Some shady websites have already tried to scam you. Double check all webpage addresses and watch for spelling mistakes. It is best you save the https://insurepal.io in the taskbar. NEVER click on any links or open any emails that look suspicious.
  • Do your diligence and know before you invest. We urge you to visit our website and read InsurePal whitepaper in which we laid out the company`s risk and opportunities. Be aware that ICOs are extremely risky and highly speculative investments. Never invest money that you can’t afford to lose. Make sure you read and understand the Terms & Conditions.

Stay tuned!

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VouchForMe
VouchForMe blog

Vouchforme is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of Blockchain innovation.