January 19-th held an Ask Me Anything session at ICOSpeaks telegram chat. From the Nsur side there was:
Before we go to the first set of questions, could you please do a short self-intro?
👨💻 Rosemary Peters | COO of NSUR Inc | @NSURcoin
My name is Rosemary Peters and I am the COO of NSUR.
I specialize in strategy and project management. I have a BSc in Engineering and an MBA from London Business School.
I have spent my career leading and operationalizing strategy projects for technology and consumer companies, including Samsung. During my time in Samsung, I became an expert in online retail and marketplaces, where I helped develop the company’s global strategy to grow online sales across consumer electronics and appliances by $6B+.
Let’s get started!
Q: Can you explain a little about NSUR?
A: At the highest level, NSUR is about 3 things.
1. Consumer Protection
2. Real-world Usage
3. Community Rewards
Let’s start with consumer protection.
NSUR is the only crypto designed to address an area in crypto that doesn’t get very much love — protection and safety!
We care about protecting consumers with our proprietary consumer protection protocol (www.nsurcoin.com/protection-program); it is the only non-stable crypto available that protects consumers’ purchases from loss of value.
For example, if you buy NSUR Coin covered by our protection program, we will give you peace of mind for two years that if the value of your token is less than what you paid for it at the end of the plan period, we will give you back the lost value!
At the core, this is what makes us special – we care about our customers.
For example, if you buy NSUR Coin covered by our protection program, we will give you peace of mind for two years that if the value of your token is less than what you paid for it at the end of the plan period, we will give you back the lost value!
At the core, this is what makes us special – we care about our customers.
NSUR is designed to be immediately utilized – we have built out a merchant network in the health and wellness space that allows users to speak with a doctor, fill a prescription, get a lab COVID test sent to your house, purchase supplements and much more.
This merchant network (www.nsurcoin.com/shop) is growing fast and many merchants (both online and offline) have applied to be part of the network.
Lastly, NSUR is all about community building and rewarding users.
Every interaction you have with the token will reward you with more tokens, product discounts or services you cannot get anywhere else (www.nsurcoin.com/reward).
Every interaction you have with the token will reward you with more tokens, product discounts or services you cannot get anywhere else (www.nsurcoin.com/reward).
Q: Your project name seems to be very interesting. Does it have any story behind it? Can you share us with the inspire on for approaching to this name?
A: The name is a play on “insure” to evoke a sense of protection and “ensure” to evoke a sense of confidence and trustworthiness.
The crypto market can be a very volatile space. We have gained and lost fortunes (MTGOX in early days) and we see a need for a shelter from the storm of crypto. This is what NSUR – both the ecosystem and the token – is designed to be.
Q: Can you give full info about your Roadmap and is there any progress so far.
A: We just recently completed our first protected sales event, have a vetted insurance network behind us, have built out the first phase of our merchant network, and will be embarking on the Protected Project LaunchPad in the next quarter.
With this launchpad, we will allow other projects access to our Proprietary Protection Protocol and the insurance backing.
This launchpad is what will make NSUR truly special.
NFTs, Tokens, Smart Contracts will all be able to have access to our protected ecosystem, and we can protect consumers at the same time.
Moreover, members of our community will be able to learn about these projects from the time they are first created
It gives community members an opportunity to get in on the groundfloor of some truly exciting projects with awesome potential to reshape the world we live in.
For context on what community members can expect, we have already been approached by the largest gaming outlet in the US, a 3K location gym chain, financial institutions, major music industry producers, and sports stars to launch their projects on this platform.
Q: Is the NSUR platform safe to use? Have you conducted smart contract security audits? Is your platform subject to any kind of audit?
A: Very fair and good question.
The NSUR platform is very secure.
We have many defenses in place to counter issues, such as DDOS attacks. And we have seen these defenses work.
Regarding NSUR’s protected sales events, we ensure safety — that is the name of what we are aiming to achieve with these world-first events.
When customers buy NSUR during our protected sales events, every dollar we collect during these events is used to purchase an insurance policy and fund an insurance company that protects users purchases for a period of 2 years from LOSS OF VALUE.
This is unlike any crypto out there today, and it ensures that in order for NSUR to be successful, our holders will be successful.
Regarding NSUR Coin’s Smart Contract, it has been audited by CertiK, the leading smart contract auditor in the industry. CertiK utilizes the best-in-class AI technology to secure and monitor blockchain protocols and smart contracts.
We commissioned the assessment to discover issues and vulnerabilities in the source code of the NSUR Coin project as well as any contract dependencies that were not part of an officially recognized library.
CertiK initially issued 14 findings in its audit of NSUR Coin, all of which have since been addressed or acknowledged by NSUR. Half of the findings from CertiK were simply of an informational nature.
We are in the process of having an addendum report published on Certik’s site to show the changes that are currently in the published code base. This should be on their website in the next few weeks, but the work behind it is already
You can also find the report and additional comments from NSUR on www.nsurcoin.com/certiK.
Q: Could you please introduce #NSUR and your team to our community?
A: It would be my pleasure
Beyond me as COO, we have many other team members.
I will focus on the C-suite team
Leading the team is Mark Peters, our CEO.
He is also my brother 🙂
Mark specializes in finance and has an MBA in investment finance from SCU Leavey School of Business. He has spent his career working for insurance and fintech companies.
Mark designed and developed NSUR’s Value Protection Program along with NSUR’s insurance and crypto legal advisors.
Over the last 15 years, Mark has raised over $250M in debt and equity investments for his companies. Mark has brought his company investors many positive outcomes, including taking Vocera Communications public in 2012, and has over $1.3B in acquisition exits over the last 4 years, yielding an average multiple return of 5x. Mark is also well versed in public company finance and building strategic partnerships.
Jorge Arteaga is our CTO.
Jorge is an engineer with eight years experience in systems engineering and development.
With backgrounds in cryptocurrency, website development, marketing systems and project management, he is leading the team developing NSUR’s website and utility platforms.
Jorge has spent the majority of the last few years setting up mining and node networks for cryptocurrency companies for the purpose of enabling blockchain throughput improvements.
Randy Case is our CMO
Randy assists the management team in all marketing aspects related to the token and coordinates with Company Advisors and outside consultants on business and company strategies.Randy assists the management team in all marketing aspects related to the token and coordinates with Company Advisors and outside consultants on business and company strategies.He has developed and brought to market several beneficial products that are sold around the country in hundreds of doctors and medical offices and pharmacies around the US. He has forged numerous relationships with suppliers, vendors and wholesale experts throughout the US. He is a relationship powerhouse.
Finally, Bridget Smith is our CFO.
She has a long career in the finance and tech space.She started at Zazzle in 2005 as their CFO, during which time she managed multiple acquisitions, including Fanmade and Boundless.
She also ran Zazzle’s international operations for a period (primarily opening and staffing Zazzle’s European headquarters in Cork, Ireland).
Prior to NSUR and Zazzle, she was a CPA at Ernst & Young, the Director of Finance for Apple’s U.S. operations for 13 years, VP of Finance at Intuit and co-founded an educational software company, Tenth Planet, which was later acquired.
whew — that was a lot. Thanks for staying with me
Q: How is NSUR making an Impact in the world in this current Covid-19 situation?
A: oh wow, this is a great question
At our core, NSUR Coin is driven by an overarching mission that is extremely relevant in the world of COVID-19.
We are opening up health and wellness to underserved communities, and we are trying to bring these products and services to people en masse and at a discount.
Health and wellness are now more important than ever, as is accessibility to products and services you need to maintain your health.
With NSUR, you can talk to a doctor, get a prescription shipped to your house, get discounts on your medications at 35k+ pharmacies across the USA, and more!Excitingly – we have just released an opportunity to US consumers – we are giving away over 100K COVID lab tests over the next 2 months.
Come to www.nsurcoin.com/register-COVID-special, sign up and get your promo code. The promo code will make the test no-cost, but just a heads up, there will still be shipping and handling. You can pay with NSUR for the shipping and handling.
Q: Can you please tell us about advisors?
A: yes, I would be happy to
We have a really strong team of advisors
Key ones I would name in the interest of time include Erik Bethel, Chad Barron, Keith Langlands, Andrew Rennick, but there are others!
Let me give a brief overview of these advisors
Erik is a powerhouse in the US of crypto knowledge and contacts.
Erik is currently a Distinguished Fellow at Chamber of Digital Commerce.
In 2018, he started a two-year term representing the US to the World Bank. At the World Bank, Bethel promoted a number of initiatives including spearheading the use of new technologies such as AI and blockchain and streamlining World Bank operations.
He has literally made cryptocurrencies for governments around the world.
Chad is founder and CEO of Bacchus Holdings Inc., an international real estate development and finance advisory company.
His firm has financed and developed real estate in over a dozen countries.
He has helped develop and act as an advisor/partner on include, a Port in David, Panama, a Viacom theme park in Foshan, China, an agricultural industrial park in Canada, a hospitality development in Mexico, as well as dozens of real estate development projects domestically.
He has helped develop and act as an advisor/partner on include, a Port in David, Panama, a Viacom theme park in Foshan, China, an agricultural industrial park in Canada, a hospitality development in Mexico, as well as dozens of real estate development projects domestically.
He has extensive relationships with private equity, debt funds, sovereign funds, multinational banks, and family offices, which he is helping bring to bear with NSUR.
Keith is Co-owner of Synergy Insurance, LLC and owner of Synergy Captive Strategies, LLC.
His proficiency is as a CPA, servicing high net worth clients while providing strategic advice regarding accumulating and protecting wealth, reducing insurance costs, improving cash flow, controlling risks and managing tax liability was the foundation for his transition to Captive Management.
He has been advising us on how to build out NSUR’s value protection program.
Finally, I will mention Andrew Rennick.
Andrew is an experienced attorney who guides captive insurance companies in corporate formation, insurance regulatory and day-to-day governance issues.
He too has been advising us on how to set up the value protection program and eventually the protected launchpad.
Q: Please explain in detail about your merchant network?
A: The NSUR Merchant Network is the name we have given to our vetted retail partners.
We have launched our platform with >10 retailers inside of this network, and we are in the process of expanding.
You can find the application here: https://www.nsurcoin.com/BecomeMerchant.
As a customer, you are able to buy goods and services through the NSUR Merchant Network.
All you need to do is visit our website to see all of the retailers accepting NSUR Coin, and then you will be redirected to their website to shop.
You can then use your NSUR Coin to pay at checkout. For the first phase of this development, a list of merchants are available on https://www.nsurcoin.com/shop.Our marketplace of merchants is pivotal to showing users that crypto can be used in the real world. Therefore we have worked with our partners to make checkout on websites as easy as possible for NSUR users.
We believe in the coin driving real world value and this is extremely important to provide users access to products and services everyone at some point in their lives needs.
As more people adopt crypto as a form of payment, this marketplace will grow significantly.
Q:1) Telegram Group
2) YouTube channel
3) Tiktok Channel
4.) Website
5) twitter
For NSUR project? From where we can learn Something? Please share with us link.?
A: I would recommend you all go to our website and check us out at www.nsurcoin.com and sign up for an account. We will share email / newsletters directly with the community and we will share news there and on our social media accounts below.
https://instagram.com/nsurcoin
https://facebook.com/NSURcoin
https://twitter.com/NsuRcoin
https://youtube.com/channel/UCJ4LX49U5Jr3ASQfUzHsgiQ
https://t.me/NSURco
https://www.linkedin.com/company/nsur-inc/
Q: Many projects have problems with UI / UX and this one turns off new users. How do you plan to improve the interaction with new users and with users outside the crypto space?
A: It is important for us to have a good user experience
We are actively reviewing how people are using our site now and we are working on improvements with the dev team
We also have a core group of beta testers from the community
If you are interested in testing new features before they go live, please email info@nsurco.com
For example, we are currently working on phase two of our shopping page (www.nsurcoin.com/shop) which includes search functionality and the ability to rate …
Q: IS This Your project only for elite investors, how about others with small funds, is it open to everyone?
A: The project is open to everyone — we will be holding another protected NSUR Coin sales event in a few months. We have seen purchases for as small as $10 (which can still be a lot depending on where you are from, I know) and we encourage anyone who is interested to buy the protected token
You can buy just regular NSUR Coin from Pancake Swap and Bitmart if you want to hold it right now!!
https://www.bitmart.com/en?r=NSUR
Q: any presale and publicsale?
A: Please visit Bitmart! https://www.bitmart.com/en?r=NSUR
Q: What is your top 3 things for priorities in, could you share some plans for the upcoming year?
A: Protection, utility and rewards!
Protection — we will have multiple protected sales events on www.nsurcoin.com in 2022
Protection — we will have multiple protected sales events on www.nsurcoin.com in 2022
Utility — we will onboard more merchants in more countries www.nsurcoin.com/shop
Rewards — we will have more reward schemes on our website and in our social channels all the time
NSUR Group Chat
https://t.me/+Zmu0y8ov8MA2YmVl
Q: Do you have Whitepaper if yes, please share it with us?
A: You can find it at https://www.nsurcoin.com/WhitePaper
Q: Is your platform suitable for Crypto beginners? Or does it only appeal to professional users?
A: We have tried to design our platform so it is suitable for crypto users of all experience levels
We have an active help document section on our blog for people who need extra support
https://blog.nsurcoin.com/education/
Q: Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?
A: Yes, revenue is a very important aspect for all projects! We completely agree.
We have a robust revenue model in different aspects of the coin, but at the core it comes down to community building and working with our community members and partnerships to generate profit for the organization.
Every time you interact with a partner of ours, we have an opportunity to generate revenue which is used to fund operations
Talk to a doctor, get a prescription shipped to your house. Shop at our merchants and buy your home and auto insurance with our partners. All will generate revenue for the token.
With this revenue, we will fund operations and perform open-market buy & burn of supply.
We will also be participating in the success of other projects when we launch the Protected Launchpad
This all makes us special, but we have big opportunities with the partnerships we have already formed.
Q: Where I can get the latest updates or more information about the project?
A: The best thing to do is register for an account so you can receive our emails and to visit our blog
Register:
www.nsurcoin.com/register
https://blog.nsurcoin.com/
Blog
Q: Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
A: Good Q
The first and only deflationary, high-utility token that is protected against loss of purchase value
Here is an overview on our website: https://www.nsurcoin.com/tokenomics
At launch, there will be 200 B NSUR Coin in circulation, split across 4 major pools. Over time, supply will decrease as transactions occur, due to the fact that NSUR Coin is a deflationary token
Additionally, Nearly every NSUR transaction will include a 10% tax, split in 4 parts: burn, rewards, protection and liquidity
ICOSpeaks hosted an AMA Session with the Nsur Team. That’s all for today.
Thanks to all users who participated.
Thanks, Nsur for being with us
Thanks, all and see you soon😉
Cheers 🥂
Take a look at our other ama sessions here
