Reinventing the grocery industry, INS ecosystem.
Updated
Online grocery shopping is growing fast and the market is ready for disruption.
Personally I like going to the store to pick up my groceries, however, online grocery is hypeable and I've purchased some INS for a very reasonable price.
Fundamental
The goal of INS is to connect manufacturers and consumers, in a decentrailzed way.
Sounds very exciting. Though, I have no idea if they will be able to steal a piece of the market and put this project into a succesful reality.
But INS got hypefactor, its on the right exchanges & its very new.
41.5M raised in token sale. In fact, it raised its hard cap limit. Token sale ended on December 25.
Today we are sitting at 128M marketcap.
Considering that the limit was reached, and that INS got added to exchanges when we had blood in the streets, I believe I got a good price :)
The founders of INS also founded Instasmart.
With 200+ employees & over 100,000 orders delivered!
Shortly put, this could be a sleeping giant, but I am keeping my expecations at reasonable levels.
If you want to read more on INS, I recommend this article from Retail Week:
"Retail Week Live: INS founder Peter Fedchenkov – What will grocery look like without the grocers?"
Technical
Very new chart, hard to make any TA from it.
Put up a fib tool, and setting target to about 3-4x from here :)
I bought a couple days ago at 4.7 USD and notified Koinworld.
Personally I like going to the store to pick up my groceries, however, online grocery is hypeable and I've purchased some INS for a very reasonable price.
Fundamental
The goal of INS is to connect manufacturers and consumers, in a decentrailzed way.
Sounds very exciting. Though, I have no idea if they will be able to steal a piece of the market and put this project into a succesful reality.
But INS got hypefactor, its on the right exchanges & its very new.
41.5M raised in token sale. In fact, it raised its hard cap limit. Token sale ended on December 25.
Today we are sitting at 128M marketcap.
Considering that the limit was reached, and that INS got added to exchanges when we had blood in the streets, I believe I got a good price :)
The founders of INS also founded Instasmart.
With 200+ employees & over 100,000 orders delivered!
Shortly put, this could be a sleeping giant, but I am keeping my expecations at reasonable levels.
If you want to read more on INS, I recommend this article from Retail Week:
"Retail Week Live: INS founder Peter Fedchenkov – What will grocery look like without the grocers?"
Technical
Very new chart, hard to make any TA from it.
Put up a fib tool, and setting target to about 3-4x from here :)
I bought a couple days ago at 4.7 USD and notified Koinworld.
Note
INS performed badly, got dragged down in the crash like everything else.I will make a new idea on this one when I got a little bit more chart to go on :)
Holding on to it for now.
Note
INS went terribly, and I've sold out at 2.35 USD today. Down exactly 50%.This is why money/risk management is so important!
Selling out the majority of my coins today, as I see signs for a sideways market until summer or so. Hodling on to Ripple, Bitcoin, Peerplays & Unikoin :)
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