Insurance for your crypto: expand your options with decentralized and centralized options | Crypto

Insurance for your crypto: expand your options with decentralized and centralized options

– The cryptocurrency sector is predicted to reach a global market size of $4.94 billion by 2030.
– Less than 1% of all crypto investments are currently insured.
– The need for insurance solutions within the crypto industry is becoming more important than ever before.
– Superscript is taking a centralized approach to bridge the divide between traditional insurance providers and crypto companies.
– Decentrazlied insurance protocol InsurAce.io works by allocating staked capital in its protocol as insurance capacity.
– DeFi users are then able to buy this capacity to cover their investments and staked assets in various protocols.
– Decentralized insurance protocol Nimble applies traditional insurance concepts to decentralized finance.
– The platform is built on the Algorand blockchain and works to insure DeFi projects powered by Algorand.
– Discretionary mutual Nexus Mutual allows members to decide how risks should be priced, along with how claim payments should be made.

Insurance for your crypto: expand your options with decentralized and centralized options

Leave a Reply

%d bloggers like this: