INSUR
InsurAce
$0.00000000AUD
Market Cap
2.2M AUD
24H Trade Vol.
173.3K AUD
Total Supply
69.9M
All
1W
1M
1Y
Basic chart
Advanced chart
Price Changes
24H:
0.00%
7D:
+0.00%
Instant
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Purchase Amount
AUD
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Buy InsurAce (INSUR)

What is InsurAce?

InsurAce is a decentralised insurance platform designed to offer coverage for various risks inherent in the cryptocurrency market. This includes protection against theft, hacking, disruptions in smart contracts, and other unforeseen incidents. The platform aims to provide bespoke insurance solutions tailored to the specific risks associated with managing cryptocurrency assets.

How does InsurAce work?

InsurAce operates on a decentralised model, leveraging blockchain technology and smart contracts. This approach allows it to automate insurance processes, enhance transparency, and reduce the likelihood of fraud. Smart contracts within the platform facilitate automated claims processing and payouts, based on predefined terms, without the need for intermediary oversight.

What are the potential use cases for InsurAce?

  1. DeFi Insurance: Provides coverage against losses from DeFi-related incidents, including hacking and compromised smart contracts.
  2. Cryptocurrency Protection: Offers protection for cryptocurrency investments against unique risks such as exchange vulnerabilities and wallet breaches.
  3. Partnership with DeFi Protocols: Works with various DeFi applications to offer hedging options and insurance services.
  4. Cross-Platform Collaborations: Engages with multiple blockchain environments to extend its insurance offerings.

What is the history of InsurAce?

While specific historical details of InsurAce are not provided here, it can be conjectured that InsurAce was founded by individuals with expertise in blockchain and insurance. The platform was developed to address growing demands for risk mitigation in the crypto and DeFi sectors. Since its inception, InsurAce has likely expanded its reach by forming partnerships with numerous DeFi protocols and blockchain platforms, continuously updating its technology to enhance service coverage and market presence.

Coin Contract Addresses

0x544c42fbb96b39b21df61cf322b5edc285ee7429
0x3192ccddf1cdce4ff055ebc80f3f0231b86a7e30
0x8a0e8b4b0903929f47c3ea30973940d4a9702067
0x544c42fbb96b39b21df61cf322b5edc285ee7429

Frequently Asked Questions (FAQs)