Hello , this year we saw events , that puts under question the safety of the crypto projects.
In the moment it is clear that no matter how big а project could be and how prospective it looks , we can never be sure what the future will bring , even in the short term.
A lot of investors lost their money in LUNA , FTX , and in the current crash for SOL . You could say that SOL could get back up, but can you tell how many people sold at huge loss , because of fear and uncertanty ??
The best inststruments to avoid this uncontroled risk are two :
1. Regulations
2. Insurance
We will take a closer look at the second one.
In the next articles I will give my take on top 3 insurance projects with huge potential .
And I mean really huge .
Today we will start with 1 of 3 :
1 . INSURACE Protocol (INSUR) - * it is up 30% in the last days so be careful , and chech the chart before buying
site: https://www.insurace.io/
InsurAce.io started as initiative to establish a decentralized protocol that safeguards blockchain users' activities through cover protection. Inspired by early pioneers of DeFi platforms and their product designs, InsurAce.io came up with a portfolio-based approach that maximizes value for its end-users. While existing protocols build their foundations based on capital adequacy and consolidation, InsurAce.io advocates the practice of freeing up limitations through crypto security to help users realize better capital utilization.
Metrics :
⦁ Circulating Supply 44 891 926 INSUR
⦁ Total Supply 100 000 000 INSUR
⦁ Max Supply 100 000 000 INSUR
⦁ Market Cap $3,708,854.70
⦁ Current Price: $0.08264
The InsurAce Protocol is a leading decentralized multi-chain protocol that provides reliable, robust and secure risk protection services to DeFi users, allowing them to protect their investment funds against various risks.
With InsurAce.io, users can rely on:
⦁ Unbeatable Competitive Pricing
⦁ Cross-Chain Coverage
⦁ Multi-Chain Accessibility
⦁ Sustainable Returns
So far :
⦁ 142Protocols Protected
⦁ $11.5M Total Claims Paid
⦁ $346.9MTotal Value Covered
⦁ 20Public Chains Covered
The current use cases for $INSUR tokens are as follows:
⦁ Representation of voting rights in community governance such as claim assessment, proposal voting, etc.
⦁ Mining incentives for capital provisions to the mining pool and investment products.
⦁ Eligibility to earn fees generated by InsurAce.io through governance participation.
⦁ Community and ecosystem incentives.
I do believe INSUR deserves a closer look , and it could be a great investment for the next bull run
--- Non of the above is not and could not be considered any type of advice ! ---