As a leading multi-chain risk protection protocol against various risks, we've always focused on providing the best products tha
05 Jan 2023, 09:23
🛡As a leading multi-chain risk protection protocol against various risks, we've always focused on providing the best products that suit your needs.
Here are some thoughts on current crypto insurance development that we feel are important to take notice:
🧵👇
1. Although the insurance track is still in a very early stage/without a mature business model🌱, we have seen more and more projects focus on this direction and start building in 2022.
2. ⚠️Several very serious security incidents occurred this year, affecting a large number of crypto users and resulting in a decline in confidence in the industry.
However, this raised awareness of the importance of security insurance in the crypto world💚
Same news in other sources
105 Jan 2023, 09:24
3. 🏦We have also seen that traditional insurance companies are paying close attention to the crypto industry and want to participate.
InsurAce is still a crypto product, after all, so it still needs to follow the operating mode of the crypto community.
4. Our token holders can participate in the governance. For example, the execution of a certain compensation will be decided by our governance community after the research of the expert team. They will also have a stronger willingness to make beneficial choices for InsurAce💚
We have also seen that traditional insurance companies are paying close attention to the crypto industry and want to participat
3. 🏦We have also seen that traditional insurance companies are paying close attention to the crypto industry and want to participate.
InsurAce is still a crypto product, after all, so it still needs to follow the operating mode of the crypto community.
4. Our token holders can participate in the governance. For example, the execution of a certain compensation will be decided by our governance community after the research of the expert team. They will also have a stronger willingness to make beneficial choices for InsurAce💚