Under the leadership of Prime Minister Narendra Modi, Indian economy is booming. It is one of the largest economies in the world while being the fastest at the same time. India Stock Coins is a project to integrate India’s exchanges and blockchain technology to provide real-time access to worldwide INS investors.
What Is India Stock Coin?
INSC’s core objective is to raise funds through investors and invest in Indian equities and stock markets. They are registered, licensed and authorized broker member of all 3 exchanges(BSE, NSE, and MCX) and have been operating for 10 years. They are 100% transparent and provide an option of 100% Live Buyback.
They claim to be already revenue generating with quarterly performance bonus and dividends. Blockchain Technology and Financial Technology will be merged to provide Real Time benefits to stakeholders. They have a team of qualified professionals from IIT and IIMs.
India Stocks Coin INSC Token ICO Details
INSC tokens are ERC20 complying coins supported on Ethereum network. A total of 1 billion coins will be created with a max supply of 100 million and an ICO supply of another 100 million. The price of 1000 INSC tokens will be 0.030 ETH. The start date of the ICO is 1st April 2018 and ends on 20th June 2018. There are no minimum or maximum contribution.
50% of the funds raised will be invested directly into specific for high growth stocks, 25% for derivatives to generate stable income, 15% will be put in community investments and 10% will be utilized in Cash holding in Exchange account for a quick opportunity.
India Stocks Coin Equities & Stock Investing Conclusion
India Stocks Coin seems to be a scam. They have listed the name of their promoter as Vaibhav Modi, who runs a company called Tattva Group LLC. However, when you look for the person on the internet, there is no trace of him. None of the other team member’s name is mentioned. Their business model is not explained, apart from raising funds to put in Indian stock market. The entire content of the website seems to be just an incoherent rambling that makes very few points and repeats the same things over and over again. The website is badly designed.
You can look at their website and make a decision for yourself. They can be found at indiastockscoin.com/ .