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#Blockchain, #Internet All projects

Instoken: Powering the Global Services Marketplace

A singular ecosystem of Services Marketplace that allows customers to browse, review, compare and evaluate credible providers

stage Ended crowdsale

3.2 Rating

by 1 users


    KPLs

    • Employees10

    Team

    6
    man Ben Ng

    Founder & CEO

    Ben is the brainchild and chief architect behind Instance. He possesses a wealth of experience from a diverse background of industries making him well versed and versatile in the needs of many businesses.

    A serial entrepreneur by profession, Ben has financed numerous start-ups as well as consumer product manufacturers. He brings with him over 10 years of hands-on experience in establishing, operating and executing new businesses.

    Ben is a visionary that was once the Vice President of a publicly traded Chinese telecommunications contractor. He successfully brought the company to New York for quotation of its shares in the form of American Depository Receipts (ADRs), an industry first for a Singapore based Chinese company at that time.

    man Nour Helmi

    CTO

    Nour possess a wealth of experience in cross platform native and hybrid development. He has successfully created his own version of MVVM on iOS, with reactive functional programming, a maintainable and extendable architecture.

    A former Lecturer from Yarmouk Private University (YPU), he was the principal analyst and architect in many leading MNCs, including YuuZoo Corporation and GoBike. Nour holds a Bachelor’s Degree in Software Engineering and Computer Science from YPU of Syria.

    man Wilson Sia

    Head of Product Development

    In 2000, he joined Tree Data Resources as the Director of IT Services and spearheaded its transition from a general IT System Integrator to a Total Event Monitoring and Management (TEMM) service provider.

    Prior to joining Instance, he was the Project Director and CIO at Mossad Solutions Pte Ltd, a Singapore based Information’s Technology Company tasked with the setup and maintenance of IT infrastructure for numerous MNCs and SMEs such as GE Medical, GE Plastics, Putzermeister Asia- Pacific, Fagioli Asia and JM Ocean Avenue.

    His role at Mossad includes the development and execution of IT strategies and plans, managing project development and budgets, overseeing technical support services and crisis management.

    man Fred Lim

    CFO

    Fred brings with him 30 years of experience in Finance and Accounting, as well as extensive management and leadership experience at all levels.

    He previously held the position as CFO for Yuuzoo Corporation Ltd, a SGX listed entity engaged in 3rd generation social eCommerce platforms and payment solutions. Fred was formerly Executive Director and CFO of China Fanwo Public Security.

    man Jon Tallis

    Head of Marketing

    Jon has over 20 years of extensive experience in the software & IT industry. He has spearheaded major projects in hospitality, manufacturing, finance and HR. A true product evangelist, Jon has worked with many teams in the UK to bring their products to market.

    He has a great passion for software and technology. His maintains a “Work hard, play harder” mind-set, and is one who will always celebrate a good job done. Jon holds a BA (Hons) Degree in Accounting and Business, and is our Head of Marketing.


    Advisors

    4
    man Joyce Goh

    Data Scientist

    Joyce has more than a decade of experience from the Banking and Financial industry. She is highly trained in examining and evaluating financial data and conducting market research. An expert in Consumer Behaviour, Joyce is a CFA holder and graduate from Singapore's Nanyang Technological University, specialising in Actuarial Sciences.

    man Tan Song Kwang

    Corporate Governance Officer

    Mr. Tan serves as Vice President of ICH Capital Pte Ltd. He served as Vice President of Financial Advisory at ICH Capital Pte Ltd. from 2002 to 2005. He has extensive corporate banking experience in the Asia Pacific region with special focus on China, working in various international banks including Citibank, BOC, ABOC and OCBC. His area of specialisation include real estate, trade and special project financing, debt and corporate restructuring, financial modelling and valuation, corporate finance transactions and was involved extensively in helping companies to raise funds from the capital markets. He served as Assistant Vice President of Real Estate Financing of Keppel Tat Lee Bank and OCBC from 2001 to 2002. He has been Director, Financial Advisory (Singapore and China) of Stratus Capital Pte Ltd since 2005. He has been an Independent Non-Executive Director of Creative China Holdings Limited since November 13, 2015. He served as an Independent Director of Oriental Group Ltd. (Oriental Food Holdings) from February 23, 2004 to December 27, 2016. He served as an Independent and Non Executive Director of China Paper Holdings Limited from May 15, 2012 to January 2014. He served as Non-Executive Director at Oriental Group Ltd. from February 23, 2004 to April 1, 2005 and served as its Non-Executive Independent Director since April 1, 2005. Mr. Tan obtained his Bachelor of Arts (Economics) from the National University of Singapore in 1991.

    man Roy Ling

    ICO Advisor

    Professor Roy Ling was appointed as an ICO Advisor on June 2018. Prof. Ling has over 20 years of investment banking experience, and is currently a Managing Director at RL Capital Management. Concurrently, he also serves as an Independent Board Director at several listed companies and non-profit organizations across Asia, as an Adjunct Professor in Finance at the EDHEC Business School, and as an ICO Advisor.

    Prior to RL Capital, Prof. Ling held senior investment banking positions with JPMorgan, Lehman Brothers, Goldman Sachs and Salomon Smith Barney. Prof. Ling was a former Board Director of the CFA Society of Japan. He was honored as the Real Estate Executive of the Year by Singapore Business Review in 2016, and as one of 20 Rising Stars in Real Estate by Institutional Investor in 2008.

    Prof. Ling graduated from INSEAD with a Global EMBA and from the National University of Singapore with a Bachelors degree in Business Administration.

    man CC Loo

    Legal Advisor

    Mr. Loo was called by the Lincoln’s Inn, London, as a Barrister-at-Law in 1980, and admitted as an Advocate and Solicitor of the Supreme Court of Singapore in 1981. He has been in legal practice for more than 37 years. He founded Loo & Partners in 1985 and is currently its Managing Partner.

    Mr Loo specialises in Banking (including Syndication and Club Financing, Aircraft, Vessel and other Structured Financing, and Regulatory Compliance), Corporate Finance (including local and foreign Initial Public Offerings, Reverse Takeovers and Mergers & Acquisitions) and FinTech (including advising on the legal implications relating to blockchain technology, crypto-currencies and Initial Coin Offerings).

    In an interview granted to a regional legal publication in 2017 where Mr. Loo was asked to comment on how the legal industry should view the Fourth Industrial Revolution and FinTech, Mr. Loo responded that “Legal Practitioners who refuse to participate in the Fourth Industrial Revolution and turn a blind eye to FinTech shall do so at their own peril!”




    Crowdsale details

    Distribution of tokens
    • Crowdsale (40%)
    • Founders & Management (20%)
    • Partners & Advisors (20%)
    • Treasury (15%)
    • Community Development (5%)
    Budget allocation
    • Post ICO Marketing and PR Activities (30%)
    • App Marketing and Advertising (30%)
    • App Development and Technology Enhancements (20%)
    • R and D (5%)
    • Crypto Exchange Listing (5%)
    • Contingency and Working Capital (10%)
    Details Indicators
    Token Symbol Insta
    Full Token Name Insta token
    Pre-crowdsale Start October 1st, 00:00 GMT+03:00
    Pre-crowdsale End October 31st, 00:00 GMT+03:00
    Crowdsale Start November 1st, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or November 15th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, $20000000
    Domain owner Individual

    Cost of the token

    1 token for 0.05 $

    Price without discounts

    Accepted currency

    • Bitcoin
    • Ethereum


    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    1
    Denys Serhiichuk August 19, 2018
    Rating of project
    3.2

    Advantages

    Besides Whitepaper in English, there is also a Chinese version of it. It means that investors from China play a key role for the project. Team members are active and public people. They take part in different conferences related to blockchain where promote the platform. The list of events is available on the website. In addition, there are partners to the project.

    Risks and disadvantages

    15% of tokens from the pool are reserved for the treasury fund. It could be better if that index was less, so token price could be easily influenced on the market.

    Comments

    Global services marketplace sounds as a promising idea. However, the whole vision is not fully clear without the working prototype.


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