>PAL network (PAL) >Cryptocurrency insurance with hella room for expansion into future crypto based insurance products >Already uses Oracle technology to protect against loss of cryptocurrency value (PAL Token Shield) >PALLAS Testnet up and running, Mainnet not yet launched
Why isn’t biz talking about this? Hot asian women on the team, meme-able, future of token seems legit. 25 people total on the team. Created by an already-operating insurance platform.
Just listed on bittrex days ago, initial pump is already dead. Ripe for accumulation. Very active on social networks. The CEO wants to make money and already has an established business.
The activity on their social networks, especially this month, are worth taking a look at too. The links to all of their social media accounts are found as clickable icons at the bottom of the pal.network site.
This looks like the easiest money we could make. And none of you are talking about it. It’s cheap, actually solid built by a company that is already profitable. We could meme the fuck out of this. If biztards were to ever come together for a cause, why the fuck is it not this?
You faggots are killing crypto. I can’t believe you degenerates.
Nathan Walker
where to buy this shitcoin?
Brandon Morris
If you read the post, I told you “it just listed on bittrex days ago. Initial pump faded out, and accumulating would be a wise move right now while stable in 190-200 sat range. Price could dipdownto 170ish, but if there was ever a coin Jow Forums could get behind from the beginning, this is it.
Asher Nguyen
This is easily the next 10x considering the micro cap, Fenbushi backing and I have heard binance possibly
hedging your bets is for pussies. if you're thinking of insuring your coins from a price drop, rethink your investment strategy.
Logan Foster
I might do my own research and accumulate between 3K USD and 150k USD depending on how much I like what I see and thus pump your bags, OP. But only if you provide a basic explanation for how the tokenomics of PAL gives the token value if the service is widely adopted, as well as a short summary of why people would use the service in the first place.
For example if it's a simple "you pay your service fee in pal XD"(and then pal redumps them on the market immediately) then I'm out.
Mason Thomas
I am OP, but I’m writing from work on my cell phone.
I found 2 separate plans for how they currently help to protect you. First is Cryptoprotect. This is hack insurance. Then you have Token Sheild which protects against any drop in value.
How Cryptoprotect works (from my best understanding, do your own research at link provided) 1) You contribute PAL to a massive pool. 2) If a) there is an exchange hack, and b) the value of your protected asset drops by 50% or more within 7 days, you will receive 3x your PAL tokens left within the pool. 3) Every 30 days, you receive 30% of your tokens back from the pool until your 90 day protection period is up. The remaining 10% stays for admin fee. pal.network/p2p-cryptoprotect
How Token Shield works (more info in link provided) 1) Buy a spot on a protected asset for 1000 pal. Buy up to 5 spots (5000 PAL max) 2) Round begins and lasts 24 hours. 3) If your asset gains value, you receive 20% of your contribution back, 10% is kept for admin fees. 70% is used as payout pool. 4)If your asset loses value, you get your money in PAL back, and you get a share of the pool mentioned in 3) for each of the maximum 5 spots you bought. medium.com/pal-network/pal-token-shield-how-it-works-309acb9de926 pal.network/token-shield
anyone else freaked out her face is always the very same smile? after all the shilling a few months back i see a murder clown whenever i look at her
John Adams
It appears, according to their road map (previous pic related), that they will be doing flight delay insurance next. A particular feature of their business plan (pic related info graphic business plan) that I’ve noticed is that they are taking suggestions for different insurance policies, and there is voting for which of the suggested policies that they will work on next. This is also reflected on their main site as there is room for suggestions and a voting link. This shows me that, in the future, the types of cryptocurrency based insurances will increase and extend beyond protection of other crypto assets. This will end the crypto for crypto’s sake circle jerk and provide a real world use. Especially if they can gain partners and investors from both the fiat and crypto spheres (they are a real world insurance company as well).
The last things that I see on roadmap for 2018 are web wallet releases and mainnet launch. After that, their basic business model will be completely put together, and I am speculating that they will begin advertisement of their services, though I have no evidence of that at the moment. The activity on their social medias shows me that advertising is a very likely scenario.
As far as why use the service? As it stands, protection against hacks for 90 days is relatively cheap considering you get 90% of your money back and the payout is 3x. And hacks have been shown to happen in the past. The Token shield seems like a way to play to me while hedging your investments. What will give it real value is after the flight delay insurance is released showing that crypto can be used in real world for normie things. Expansion through policy suggestion is likely to lead to some very interesting usecases. Especially since policies will be purchased with PAL, thus giving PAL inherent value.
Yeah. I bought in yesterday to be honest. I’m confident that the value of this coin will go upward with time. At least maybe a pump before mainnet launch. I laid out all the research that you bizraelis need to decide for yourselves if this will be good or not. I think this is one of those rare times where you can get in early, and people will be shilling the shit out of it in 3 months while you’re sitting comfy.
>meme-able >asian women >built as extension to a real world insurance company >cares about community by providing frequent updates >potential for expansion >testnet working,basic services running >mainnet launch supposed to be last quarter 2018 (I would guess pushed to first quarter 2019) >flight delay insurance soon
Nicholas Smith
Thanks. That's pretty interesting. Will do further research.
Ayden Morales
I could see this coin 10x, but likely I’d say it’s worth a 2x or 3x short term.
Jaxon Powell
Hey, post back when you’ve decided what you’ll do and why. I’ll try to keep the thread alive for the day. If it dies, I’ll open a new one with same original pic.
