The inspiration for building the death benefit crowdfunding token project sparked after reading the history of pre-modern life insurance (in the 1700s) and how Nobel and touching it was to see people caring for each other’s families in the community at time of need, And would have a collection box that would be handed to the family who just lost a loved one to help in burial expenses. No middle man no underwriter fees no premiums paid it was pure community coming together helping a family in need. Fast forwarding 300 years and it seems like in some areas we lost our ways and greed set in, Life insurance became big business and we are just the fuel that drives it all. Big overhead huge paychecks and wasteful spending of corporations, My vision is to bring back the sense of community at least in the day of ones need and make anyone part of our community and not exclude anyone base on economical status, health or age or race. We are bringing back the 1700s to the modern days thanks to blockchain technology. Just imagine a world community coming together in the worst time in family life to help and to know that this same community would do the same for your family at the days of need. Being a self-made, successful businessman for 40 years looking at corporations wasting other peoples money and shaking my head on how inefficient some companies are. In order for the LFI project to be a success, I utilized my skills in business keeping the cost down and spend where it counts that’s the only way to ensure the success and longevity of LFI token. We are going to keep our fixed costs low by hiring small businesses and freelancers around the world who would get a defined task from our core small development team. This is an important project and its success can open up doors to disrupt other parts of the insurance industry mainly medical and high cost of drugs. I wouldn’t claim that I figured it out yet and my hope with the success of one many of the community member would help to figure out how to beat and fix that broken system.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
Up to 45% of a merchant’s budget is spent on commissions charged by a number of brokers, including banks, payment systems, advertising.
