Buy Etherisc DIP (DIP)
What is Etherisc DIP?
Etherisc DIP is a utility token that empowers the Etherisc Ecosystem, which is a decentralised insurance platform. It allows users to access the platform, stake tokens to provide collateral for risk pools, and earn money by monetising their skills and services.
How does Etherisc DIP work?
Etherisc DIP operates on the Ethereum blockchain, leveraging its decentralised nature for building insurance applications. It utilizes smart contracts written in Solidity for parametric insurance products, with a focus on automated claims processing and transparent insurance policies. The platform uses a Proof of Stake (PoS) consensus mechanism and supports the creation and management of decentralised insurance applications.
What are the potential use cases for Etherisc DIP?
Etherisc DIP can be used for decentralised insurance applications, parametric insurance products, risk pools, and governance within the ecosystem. Real-world applications include flight delay insurance, train delay insurance, agricultural insurance, carbon credit protection, and USDC-depeg protection. It can potentially impact industries such as insurance, agriculture, transportation, and environmental protection, with notable partnerships with organisations like the World Food Programme and Lemonade Insurance.
What is the history of Etherisc DIP?
Etherisc DIP was founded by Christoph Mussenbrock, Stephan Karpischek, and Renat Khasanshyn in 2016, after discussions on blockchain-based insurance. Their initial whitepaper was released in late 2016. Notable milestones include a token sale in mid-2018, the release of the Generic Insurance Framework (GIF) in 2019, and partnerships for inclusive insurance and crypto asset protection. The platform has evolved to focus on broader decentralised insurance applications, gaining recognition in the crypto market with listings on various exchanges.
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Frequently Asked Questions (FAQs)
What is the current price of Etherisc DIP (DIP)?
The Etherisc DIP price is $0.01970276 AUD, representing a +18.69% from the day prior.
Where is the best place to buy Etherisc DIP (DIP) in Australia?
The best place to buy Etherisc DIP (DIP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Etherisc DIP (DIP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Etherisc DIP (DIP)?
The trading volume of Etherisc DIP (DIP) is $55.4K AUD in the last 24hrs, representing a +18.69% from the day prior.
How can I buy Etherisc DIP (DIP)?
Etherisc DIP (DIP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Etherisc DIP (DIP)?
The current market cap of Etherisc DIP (DIP) is $7.6M AUD.
Can I convert Etherisc DIP (DIP) to cash?
Yes - With Coinstash you can convert your Etherisc DIP (DIP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Etherisc DIP (DIP) are there?
The current circulating supply of Etherisc DIP (DIP) is 383.4M.
Is Coinstash a safe place to buy Etherisc DIP (DIP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Etherisc DIP (DIP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.