We all heard about shared economy: people sharing cars, home, bikes, even wi-fi. But why can’t we share our risks and protect each other without insurance companies. We have to pay lots of money because only insurance companies have algorithms for risk assessment, technology and resources.
Join us in a venture in what is to bring a complete change to the insurance as we know today!
SOCIAL PROOF PATENT
We’ve successfully reinvented the social proof methodology for insurance industry. The approach has been filed for patent protection in the US and worldwide.
SCALABILITY
Insurance is a $7 trillion global market. By becoming an early adopter of blockchain technology, CoInsure can gain an important advantage.
INDUSTRY KNOW-HOW
CoInsure team combines best of both worlds – industry professionals with years of experience and dedicated blockchain experts with a track-record of successful crypto projects.
CoInsure (CIB) TOKEN
CIB token will be the fuel of CoInsure platform, used by clients and 3rd-parties worldwide. The platform will use different means to incentivize participants and make the tokens available to a broad audience.
SELF-REGULATION
Our business model allows self-regulation without the need of a central institution. As the risk-prone individuals will be automatically excluded, CoInsure can offer significant cost reductions.
SOCIAL IMPACT
CoInsure motivates groups for a change to better. We’re creating a complete switch in paradigm and growing a global community that shares a common value of reciprocity.
Insurance of tomorrow
CoInsure aims to become a first-of-a-kind blockchain-based decentralized insurance platform powered by social proof guarantee. CoInsure is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. It will serve as a replacement for insurances as we know and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain and transactions being carried out on the distributed ledger.
The science of social proof
Social proof is a natural, in-built mechanism within all of us, representing people`s moral compass. In other words, people reference the behavior of others to guide their own behavior. InsurePal embeds social proof in a form of financial commitment. The endorser who financially guarantees for someone has to use its own due diligence when providing the guarantee to at the risk of losing their money. Through such endorsements and guarantees, the network in whole becomes more risk aware, consequently inducing a change of people’s behavior.
Worldwide patent
This is the first time we have successfully reinvented the social proof for insurance industry. The innovative approach has been filed for patent protection in US and worldwide. Insurance play a vital role in society and its proper function is imperative. To prevent unfair competition, it is at large subjected to tight regulation and unified standards. For that, we make it our imperative that CoInsure abides with all the regulatory requirements. This way our policyholders can always rely they are safe and covered.
CoInsure is a next generation of peer-to-peer insurance based on social proof endorsements, fully harnessing the power of blockchain innovation. The platform will serve as a replacement for insurances as we know today and offer a completely new type of coverage for areas of life and business that began to emerge with the evolution of blockchain, starting with the insurance of blockchain business transactions. The innovative approach has been filed for patent protection in US and worldwide. Social proof is an in-built mechanism within all of us, representing people`s moral compass. InsurePal embeds social proof in form of financial commitment.
The platform will work as an dAPP for B2C customers and as a service for B2B partners that will resell social proof insurance by using CoInsure solution.
10 March
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
This offer is based on information provided solely by the offeror and other publicly available information. The token sale or exchange event is entirely unrelated to ICOholder and ICOholder has no involvement in it (including any technical support or promotion). Token sales listed from persons that ICOholder has no relationship with are shown only to help customers keep track of the activity taking place within the overall token sector. This information is not intended to amount to advice on which you should rely. You must obtain professional or specialist advice or carry out your own due diligence before taking, or refraining from, any action on the basis of the content on our site. Any terms and conditions entered into by contributors in respect of the acquisition of Tokens are between them and the issuer of the Token and ICOholder is not the seller of such Tokens. ICOholder has no legal responsibility for any representations made by third parties in respect of any Token sale and any claim for breach of contract must also be made directly against the Token issuing entity listed herein.
If you have any concerns about the nature, propriety or legality of this token sale or the persons involved in it please contact [email protected] with detailed information about your concerns.