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Etherisc is building a platform for decentralized insurance applications. With visionaries like you, we can create a platform full of opportunities across the industry’s value chain. Corporates, large and small, not-for-profit groups and insurtech startups can all come together to provide better products and services. We aim to use blockchain technology to help make the purchase and sale of insurance more efficient, enable lower operational costs, provide greater transparency into the industry and democratize access to reinsurance. Blockchain can provide the means to disintermediate the market with a peer-to-peer risk platform that helps insurance return to its roots as society’s safety net. We even
envisage new groups building their own bespoke insurance risk pools and services on the platform. And Etherisc will be a fully-compliant, fully licensed insurance platform for the emerging blockchain economy.
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
Verified 0%
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: C
The 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: B
Insurance 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 point
1. 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.
