Black Platform Token (BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform (utility token).
ARKETPLACE FOR INSURANCE BROKERS AND INVESTORS ON BLOCKCHAIN.
Our platform connects brokers directly with investors, enabling brokers to launch their own virtual insurance companies and products, and creating a new investment asset for investors.
WHITELIST FOR PRE-SALE
Register now, and get a 25% bonus throughout the pre-sale and ICO.
BROKER SIGNUP
Apply here to launch your insurance products amongst the first ones
Black is here to make a difference
Black will use the blockchain to transfer risk directly from clients
(insureds) to financial backers (Black Syndicate Token holders):
(insureds) to financial backers (Black Syndicate Token holders):
minimizing all inefficiencies
storing all data securely in blockchains
transparent business operations using smart contracts
faster innovation by platform members
Black will fix the insurance industry fundamentally. Black is an insurance platform like Lloyds of London on blockchain without the expense, delays and bureaucracy that we witness today.
Insurance business will be generated by local MGAs / Brokers / Agents whose responsibility is designing insurance products for a market, pricing and selling the product and organizing claims handling. Delegating business to local agents makes the Black business model scalable while bringing business decisions closer to end customers.
Black Insurance will use two types of tokens:
Black Platform Token (BLCK). BLCK powers the infrastructure, providing access to the platform and for conducting voting on system updates to the platform (utility token). All platform users will use BLCK for managing insurance on the Black platform, and demand for BLCK will increase as more insurance business is conducted on the platform.
Black Syndicate Tokens (BST) (issued when the platform is ready). BST is an investment in insurance capital, and a specific BST is created for each syndicate (security token), The profitability of the insurance portfolio for a specific syndicate will pass-through to the holders of it’s BST.
Our Roadmap
Oct — Nov, 2017
Idea and team compiled
Idea and team compiled
Nov, 2017
Product concept in place
Product concept in place
Dec, 2017
Seed Funding
Seed Funding
May, 2018
MVP Launched
MVP Launched
Summer, 2018
ICO public sale
ICO public sale
December, 2018
Platform launched
Platform launched
Summer, 2019
EU license
EU license
Hard cap $45 million
Use of funds & Token distribution
If $2 mln+ raised
If $10 mln+ raised
ICO structure
Pre-Sale Starts
7/31/2018
Pre-Sale Period
30
Pre-Sale Cap
$15,000,000.00
Pre-Sale Terms
First week 25% bonus and after first week 20% bonus
Token Sale Starts
8/31/2018
Token Sale Period
30 days
Soft Cap
$2,000,000.00
Hard Cap
$45,000,000.00
Token Symbol
BLCK
Total Number of Tokens
471,082,090
Exchange Rate
1BLCK = 0.2 USD
Minimum Purchase
$100.00
Accepted Cryptos
BTC, LTC, ETH
Adjustability
Undistributed tokens will be destroyed by token contract.
Listing
BLCK tokens will be listed on crypto exchanges
Token Holder Benefits
BLCK can be used to pay for services on Black platform. Black will guarantee that until 1st of January 2021 service fees paid with BLCK will be at least 20% cheaper than service fees paid in any other currency.
Token Trade Limitation
Only Team and Advisors have vesting and sales lock-in periods
Token distribution
Bonuses
Pre-Sales
First week bonus
25%
After first week bonus
20%
Main Sales
Day 1
15%
Week 1
11%
Week 2
7,50%
Week 3
3%
Week 4
0%
Bounties
Referral
Reciver
5%
Sender
10%
Our team and advisors
RISTO ROSSAR
Risto is the founder of Black and his role is to develop the idea further including mentoring of all team members as well as finding cooperation partners for Black through his extensive network in insurance space.
Risto Rossar
Founder
BUNDEEP RANGAR
Bundeep is an entrepreneur with more than 21 years’ experience in financial services, technology and media. He has invested in, advised or incubated a number of companies in the UK, Canada and India. He holds founding CEO roles in PremFina, IXL Holdings, and SME lending.
Bundeep Rangar
Founder
CHRIS WILLIAMS
Chris together with team of developers is building our product. He has worked as a Senior Solution Architect at insurance companies, AIG and MetLife. While working at IBM as a Blockchain Consultant, he has built private blockchain solutions for insurance companies.
Chris Williams
CTO and Blockchain Solution Architect
MART PARVE
Mart makes sure that all operations run smoothly, so the entire team can most effectively contribute to Black’s success. A life-long technology aficionado, he has managerial background in insurance technology and information security, and holds an MSc in Economics from the Catholic University of Leuven.
Mart Parve
Chief Operating Officer
LIINA LAAS-BILLSON
Liina will make sure that the vision and growth of the Black Foundation is on track. Founding Member of the Board and General Manager of the Estonian Cryptocurrency Association and also worked with many blockchain FinTech startups on marketing and sales strategies, her mission is to revolutionise insurance through blockchain tech.
Liina Laas-Billson
Business Development Officer
MARTIN MÄGI
Martin is our hands-on product guy. Previously he has co-founded 2 startups and built more than 15 software products. He likes to design user interfaces and also write code.
Martin Mägi
Product Design
PEEP PAUM
Peep believes that the blockchain technology will eventually change the ways and logics how businesses operates today. He has been lucky enough to participate in various technology projects for almost ten years. Peep was one of the original co-founders startup called Indoor.Ninja and ICO campaign platform called CrowdCoinage.
Peep Paum
Product Manager
TRIINU MURUMÄE
Triinu is a skilled marketing manager with a good eye for growth. She takes care of all our marketing activities. She has more than 10 years experience in insurance technology as a business developer and being responsible for insurance startup marketing she has very good know-how how to succeed.
Triinu Murumäe
Marketing Manager
Advisors
BUU TRUONG
Buu is an experienced non-life actuary and a Fellow of the Institute and Faculty of Actuaries (IFoA). He is Managing Director of Insight Risk Consulting which is a firm which he founded 5 years ago. Buu and his team are advising Black on actuarial models and risks.
Buu Truong
Actuarial and Risk advice
TAAVI KOTKA
Awarded as Europe’s best CIO by ICT Spring and being the leader of Estonian government digitalization Taavi advises us on strategy as well as uses his extensive network to leverage Black business. Taavi is also selected as Entrepreneur of the Year in Estonia 2011 (by Ernst&Young).
Taavi Kotka
Former Estonian Government CIO
ANDO KIVILAID
Ando has worked whole life in insurance and IT business and is very big blockchain and cryptocurrency enthusiast. Ando is advising us on product development and strategy.
Ando Kivilaid
Insurance geek and investor
ALEX NORTA
Alexander Norta is one of the leading experts in the field of smart-contract technology. He has a wide range of expertise in fields such as business-process collaboration, workflow management, e-business transactions, service-oriented computing, software architectures, software engineering, ontologies, social web, multi-agent systems, and so on. Norta has written several high-profile whitepapers and advised successful blockchain-tech startups like Qtum, Cashaa, Cedex and NEO.
Alex Norta
Scientific advisor
KRISTIAN GARANCIS
Kristian has over 20 years of experience in Non-Life Reinsurance and Insurance as well as Captive Insurance. He is also very familiar with Maltese legal and insurance structure being also the resident of Malta himself. Kristian advises us on insurance and re-insurance related topics as well as helps with licensing our insurance company in Malta. He has also many connections with brokers who are interested to use Black capacity when we go live.
For more info:
website: http://www.black.insure/
facebook: https://www.facebook.com/blackinsure
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