Kasko2go application: safe drivers receive low-cost insurance in new safe driving community
Behind kasko2go project there are military grade AI technologies, years of telematics, robust and experienced team of professionals. Usage-based Insurance product tailors industry to client needs via unprecedented blockchain-based transparency. The first blockchain-based auto insurance app kasko2go will start accepting payments in cryptocurrency beginning from April, 30.
Kasko2go application is an innovative insurance solution on demand. The mission of the application is to create the safe drivers community, and promote the idea of safe driving driving culture in society. Belonging to Usage-based Insurance family, kasko2go app provides an individual approach to every customer, better risk management, improved fraud analysis, and overall safety of the driver.
The technology in the kasko2go app leans on the experience and technologies from Israeli counter terrorist service. Based on Israeli military grade AI the quintessential tech brings together disciplines such as Link Analysis, Open Source Intelligence, Visual Intelligence, Signal and Image Processing, Photogrammetry, Text Analytics and etc. By now this is the world's most accurate technology that can eliminate fraud, enhance the entire driving culture, and make insurance sphere smart.
Client Acquisition Costs (CAC) are an enormous expense for the insurance companies. Classical insurance entities pay up to $500 in order to pitch new customers. By using blockchain and token-based mechanics kasko2go aims to acquire one million of new customers in the next three years.
The kasko2go tokens serve as a tool for the encouragement of new clients, retaining the existing ones as well as the effective reduction of CAC by ten times. According to kasko2go financial plan the CAC budget is comprised by 100 million tokens for encouragement program, EUR 5.7 million intended for traditional marketing expenses within CAC. The budget is targeted at acquisition of 400 million customers, which would cost EUR 200 million in traditional insurance CAC.
Kasko2go team has elaborated mathematical model implying limited quantity of tokens in blockchain turnover. The demand for currency grows due to tokens turnover within encouragement program. Thus, token becomes attractive asset on the stage of demo version usage of the app. Growing demand for tokens will gradually shorten the engagement program meanwhile the number of users will reach the point of 1 million.
Kasko2go token (K2G) will be the fuel of the kasko2go ecosystem used by customers and kasko2go third-party business partners worldwide. The price of K2G token is EUR 0.10 for the presale moment. After pre-sale k2G price will depend on market conditions. The tokens can be exchanged for USD, EUR, BTC and ETH.
Utility-token K2G, which provides its holder with the immediate access to the fast-processing system, is under the jurisdiction of Switzerland and Lichtenstein.