The new company is a blockchain based car theft insurance company that is built on a decentralized network, and it runs with the power of cryptocurrency. The guarantee is that if your car is stolen, they will pay you 100% of the market value of the car for your troubles.
How Does Surrus Work?
They are a network that operates primarily as a car theft insurance company that has been built on the blockchain technology. The network has a search capability that is fully operational. The activities this car theft insurance company performs are all authorized by the proper authorities and completely legal.
You can follow Surrus ICO on several different websites, including social media websites like Facebook, Twitter, LinkedIn. Other sites that you can use to stay up to date with the company are Reddit, YouTube and Share.io. Also, the platform has received excellent reviews on a few different websites, on ICO Rated they got a 4.3 out of 5 stars and Track ICO gave the platform a rating of 5 out of 5.
The SurruS project itself is a fully decentralized platform, it’s also comprehensive, innovative and has been designed as a system that will offer solutions for anyone who is a car owner. The system is used to track, locate and insure cars in the case they are stolen. They are entirely built and operated on blockchain technology and guarantee that anyone who uses the platform will be able to protect themselves from car theft insurance through the use of an instant compensations plan that gives back 100% of thee car’s bluebook value through a verified smart contract.
About Surrus ICO
The Pre-Sale for the company is live right now. And the company has already raised a considerable amount of funds for the platform.
Surrus had a target goal of 110 ETH with a full goal in the end being 300 ETH. The massive financial goal is likely to be met, which will in turn make the ICO extremely successful considered against most others.
As for the details of the platform, 1 ETH = 5,000 SURR, the Hard Cap for the company is 80,000 ETH, and they accept both Bitcoin and Ether. Also, the first 300 ETH that is deposited into the company reserves, gets a 90% return after the first year alone, and all of this is guaranteed through the use of a secured contract.
Who is Behind Surrus?
The founder of the company is Vladimir Kosenko, a business entrepreneur, and business angel. He has 24 years of serial entrepreneurship, launching manufacturing facility; and he has already taken two plants in the process of failing and put them back on track with the process only taking roughly 19 months.
Surrus in Conclusion
The advantages of using the platform are to protect you from getting your car stolen at a total loss. The car theft insurance offered by SurruS is 3-5 times cheaper than that of the market standard. And there is now zero stress over losing the car, with 100% coverage of your cars total market worth if it is stolen. The guarantee of compensation is the main benefit of the company, and when you need to get funding – you get instantly paid out via smart contracts.