Customized Insurance Solution by InsureDao

Debabrata Samal
1 min readAug 22, 2021

Insurance is part of every aspects of our life, be it life insurance, health insurance, vehicle or other such insurance. This basically gives user some sense of security on the uncertain aspects of life. So if you extend the same analogy to crypto, the need of insurance can never be more emphasized. With regular news of exploits by hacker to various crypto projects, there is a heightened sense of insecurity in each and every crypto investor. What if..? “What if the project I invested is hacked ?” — this statement often comes to every crypto investor. InsureDao tries to address this pain point by providing insurance solution of various crypto assets. It handles everything from creating and selling insurance to managing surplus funds.

It offers:

— buyers the ability to secure their investment on the click of a button

— underwriters to bet on trustworthy projects

— gives the power of defi projects to provide insurance on their project thereby bringing more trust on themselves

They aim to provide Custom Risk Index in future which will help create insurance on other risky aspects of defi like success of raising capital, success of meeting the timelines, success of meeting the revenue goals etc.

You can find more information on them by visiting below links:

Website: https://insuredao.fi/

Twitter: https://twitter.com/insuredao

Medium: https://medium.com/insuredao

Telegram: https://t.me/joinchat/3UrkC9PvIgg1YTA1

About the author: A crypto enthusiast by nature and a IT professional. You can reach on telegram at @devsamal84.

Wallet address: 0x0aFe25275bcb54dC19fD93A0146B3c7f16F9367b

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