Sagittae

Sagittae

Created using Figma
Created using Figma
SAGITTAE. peer-to-peer financial protection platform based on blockchain technology which revolutionizes the insurance sector by eliminating the need for the expensive and bureaucratic insurance conglomerates and costly middleman structures. The platform enables the users to organize their own financial protection which are simple, affordable and accessible to everyone across the globe enabling businesses to offer services effectively.
Sale period
May 16, 2018
Jun 15, 2018
100% completed
Raised funds - no Data
Goal 1 200 000 USD
Cap 700 000 USD
past
  • 1 STAE
    =
    1.04 USD
Token Details
Ticker
STAE
Company Details
Registered Country
Netherlands

About Sagittae

The insurance industry has become an increasingly cost inefficient market sector. Large proportions of policyholders’ premiums are spent
on many other things than paying claims.

Sagittae introduces a new model of risk protection based on blockchain technology. It is a decentralized and revolutionizing alternative to traditional insurance, completely eliminating the need for expensive and bureaucratic insurance conglomerates and costly middleman (broker) structures.

We have decomposed the insurance value chain and created an entirely new system for risk sharing. In this system:

• affinity groups can organise their own financial protection through digital peer-to-peer contracts for risk sharing;
• service providers have the opportunity to do business with these groups; and
• real value, protection and stability is offered through the Mutual Custodian Fund.

Roadmap

  • May 16, 2018

  • Token Sale (round 1)
  • September 2018

  • Establishment of the Mutual Custodian Fund
  • January 2019

  • Release of IT Platform
  • February 2019

  • Token Sale (round 2)
  • Read More
  • March 2019

  • Launch of first 2 risk protection schemes as proof of concept
  • May 2019

  • Launch Global Marketing Campaign
  • June 2019

  • Listing of STAE-Token on exchanges
  • December 2019

  • Enrolment of 50th p2p risk protection scheme
  • January 2020

  • Token Sale (round 3)
  • December 2020

  • 1.5 million users and 4000 service providers worldwide

Activity

Members:
36
VERY LOW
Alexa
Rank:
5 151 848
VERY LOW
Delta:
-6 173 450
Videos:
3
VERY LOW
Subscribers:
7
VERY LOW
Views:
923
VERY LOW
Likes:
3
VERY LOW
Dislikes:
0
VERY HIGH

Team

Verified 100%

CEO
verified
COO
verified
Actuary
verified
Business Development Director Asia
verified
Legal & Compliance Officer
verified
Principal Blockchain Developer
verified

Advisors

Verified 100%

Legal Advisory Board
verified
Robert Volkert
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I'm the CEO of Sagittae P2P financial protection.
Ton Wennekendonk
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As COO I am involved in many different aspects of the start-up activities. It is very exciting to be part of this project and I am strongly convinced that we will change the insurance industry.
Randi Cigelnik
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am serving on the advisory board as a legal advisor. The concept of P2P protection through a Blockchain application opens up a global marketplace for risk sharing.
Jan Hooper,
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As team member of Sagittae, our actuarial knowledge and experience will be used to assist in the development of the platform's underwriting models and algorithms
Ching Wen Wong
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I am responsible for business development (Asia) pursuing opportunities for long-term growth from customers, markets and relationships. I believe that P2P financial protection with blockchain technology will be a sustainable business model, harnessing the power of communities to provide more customised solutions.
Javeria Ghuman
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
As a Sagittae team member I am responsible for legal and compliance. In the current environment where government regulation and compliance are of such importance Sagittae takes this very seriously.
Alexander Remie
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Responsible for Development of the (Blockchain) IT Platform

3.69

stable
5.0 1
ICO Profile Vision Activity Potential Product Team

Blocklancer Reviews

Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert

SAGITTAE


This is a peer-to-peer financial protection platform based on blockchain technology which revolutionizes the insurance sector by eliminating the need for the expensive and bureaucratic insurance conglomerates and costly middleman structures


PROS:



  • The platform use decomposes the insurance value  enabling the individuals to create their own groups for risk sharing enabling them to organize their own financial protection

  • The platform structure adopted is  a favorable and cost-effective  as it reduces the high expenses incurred by the insurance industries on labour force

  • The platform use doesn’t involve any shareholder hence the  involved groups share their  risks effectively

  • Transactions  on the platform are easily carried out through the use of STAE- tokens  which is exchangeable with fiat and other  cryptocurrencies promoting  a global  and unconditional access to the risk protection scheme

  • The P2P scheme  published on the platform is linked to a smart contract  on Ethereum blockchain  enabling the protection of  the scheme eliminating  fraud and third-party interference

  • The platform  has good team involved with relevant experience  and  skills as the founder Robert Volkert has  many years of experience in international insurance  industry hence promoting easy implementation of the project

  • The platform  white paper is elaborate  with the project details  clearly  shown  to enable the users  to effectively protect their assets via their own groups


CONS:



  • The platform token use doesn’t guarantee the holders of any rights  over the insurance company

  • The associated risks protection by the platform is not  highlighted in the white paper

  • The platform white paper is not available in other commonly used languages to enable its extensive use


SUGGESTIONS:



  • The platform STAE token should give the holders more rights over the company by  having a share of the dividends and profits generated

  • The  platform white paper should be made available in other languages to promote its usage across the globe

  • The associated risks protected under the platform should be highlighted in the white paper


NOTE:


The platform enables the users to organize their own financial protection which are simple, affordable and accessible to everyone across the globe enabling businesses to offer services effectively. This makes the project viable and I would invest in it.

Read More
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