The Etherisc Protocol provides a permission-less, generic mechanism by which risk of any kind can be priced, serviced, and transferred by a group of independent service providers (Workers) without having to rely on centralized parties. Function of Etherisc protocol is to remove Trust Premium - something not possible in today’s insurance value chain.
Awards and Memberships
Etherisc Protocol is at once a business, technical, and governance infrastructure, pre-integrated to allow risk to be transferred between insureds and reinsurance capital providers. Etherisc Protocol provides generic smart contracts and UI/UX templates capable of transferring risk of any type.
Smart contracts are capable of:
Issuing policies - upon payment of premium
A multitude of insurance policies can be built using Etherisc Protocol to connect insureds with risk capital providers.
Etherisc Protocol is designed so that insureds cannot be locked-in to any single risk capital provider.
Stake distribution process, 2018
Registry of risk pools, 2018
First rented licenses, 2018
Crypto-Wallet Insurance, 2018
Registry of products v1, 2018
Foundation-led insurance carrier, 2018
Hurricane Insurance, 2018
Payment channel insurance, 2018
Decentralization of governance, 2019
Registry Explorer, 2019
Integration with Data Marketplace, 2019
Reward mechanism, 2019
Integration with Identity Providers, 2019
Attention. There is a risk that unverified members are not actually members of the team
Our thoughts on buying the tokens for flipping and investing for the long term are as follows:For flipping: CThe hard cap is on the high side for a dApp protocol. At $500 ether price, the project has a hard cap of 60,000 ether. Even though the project has been two years in the making and has a functioning dApp, we have a neutral view on its short-term performance.For long-term holding: BInsurance projects generally do not receive a high valuation. In addition, we believe DIP tokens do not have a lot of utility other than staking by developing teams because consumers can pay in other currencies.
Advantages.1. A project that has been fully developed for 16 years. Unlike companies that start development after ico, a lot of development has been completed.2. An environment that can be focused on development for two years by receiving pre-investment from the capital such as Bitfury, Kr1, and Coinfund.3. A career in many awards. Insurance ico is more solid than other projects in the field.A complementary point1. The focus is on the development and the promotion is not done properly. hype is not great.2. It is the structure that should actually generate sales. Salesforce seems to be important.
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