Investment | HODL | Trade Opportunity InsurAce (INSUR) [MAKING CRYPTO SAFER] <Keep assets secure>
[VALUE] > price | Knowledge is power
[MAKING CRYPTO SAFER]
<Keep assets secure>
What is InsurAce (INSUR)?
InsurAce.io is a decentralized protocol that aims to offer reliable insurance services. The protocol provides decentralized finance (DeFi) assets with flexible and reliable coverage. The claimed benefits for users include low insurance premiums, high return on investment, cross-chain coverage, and wallet availability.
InsurAce.io is both a DeFi and an insurance protocol. Thus, it has two platforms: insurance and investment. They function in a synergetic manner to provide stable profit to the insured, the insurer, and the investor and offer what the platform calls zero-premium insurance. According to the developers, portfolio-based product design and a unique pricing model coupled with sustainable investment returns, allows users to achieve ultra-low premiums that are close to zero
Users have the option to remain anonymous, avoiding a KYC process.
The idea behind InsurAce is to provide an infrastructure-level DeFi insurance protocol. It was launched in October 2020. The project has received $1 million in backing from funds such as DeFiance Capital, ParaFi Capital, Huobi DeFi Labs, Hashed, Signum Capital, and LuneX Ventures. In February 2021, InsurAce raised another $3 million in a strategic round.
Who are the Founders of InsurAce (INSUR)?
Oliver Xie is the founder and CEO of InsurAce. Xie is a programmer and cryptocurrency enthusiast. He is the former CTO, head of digital assets, and founding member of the Asia Pacific Exchange (APEX).
InsurAce is headquartered in Singapore. Other key team members are the tech lead Sum Wei and product lead Leo FIA.
What Makes InsurAce (INSUR) Unique?
InsurAce’s core mission is to protect users with convenient product access and investment efficiency. According to the team, the main advantages of InsurAce are “0” premium, liquidity mining, and sustainable returns.
The protocol evaluates risks to make it easier to manage losses. InsurAce plans to develop a line of products that will cover a wide range of DeFi protocols. Insurers have access to a wide range of asset pools in addition to reducing coverage costs.
How Many InsurAce (INSUR) Coins are there in Circulation?
INSUR is InsurAce’s governance token. The initial token distribution event took place via the Liquidity Bootstrapping Pool (LBP) on Balancer. It started on March 15, 2021, and lasted 48 hours. INSUR is based on the Ethereum blockchain and has a total supply of 100 million tokens.
Token distribution is as follows: 45% was allocated to mining reserves, 20% to the seed and private sales, 18% to the DAO reserves, 15% to the team and advisors, and 2% have been transferred to the Balancer LBP.
INSUR has a circulating supply of 8,070,036 tokens as of April 2021.
How is the InsurAce (INSUR) Network Secured?
INSUR is an ERC-20 token that is secured by the Ethereum blockchain.
In addition, a decentralized autonomous organization (DAO) is responsible for the management and regulation of InsurAce. To become a DAO member, a user needs to own INSUR tokens.
There is also the advisory board, which includes InsurAce employees and independent experts. The board oversees the affairs of the DAO community and makes the necessary recommendations.
InsurAce (INSUR) Market Data
Market Cap: $26,446,934.46
Fully Diluted Market Cap: $58,912,452.22
Total Value Locked (TVL): $-
Trading Volume (last 24h): $4,034,546.61
Volume / Market Cap: 0.1526
Market Dominance: 0.00%
InsurAce (INSUR) Supply Data
Circulating Supply: 44,891,926 INSUR
Total Supply: 100,000,000 INSUR
Max Supply: 100,000,000 INSUR
InsurAce (INSUR) Trading Data
Trading Pair: INSUR_USDT
Exchange: GATE (technical analyses and pricing are based on)
Current Price: $2.2765
InsurAce (INSUR) Trading Charts
InsurAce (INSUR) Target Price/s & Strategy to Accumulate — Trade
Immediate Accumulation_ Current Price + [$0.597 — $0.536]
Grand Accumulation_ Current Price + [$0.524 — $0.400]
Should the price prove strong & quick departures from technical dips/demand zones backed up by strong fundamentals; accumulation by DCA (Dollar Cost Averaging) is to be considered — ceteris paribus.
Entry Strategy_ Confirmation based (to be executed only after observing how the price enters & exits the trade entry zone in terms of strength & speed; strong & quick departure is favorable)
Account Size_ $1,000,000
Risk per Trade_ 2%
Position Size_ $153,066.67
Enter [Long/Buy]_ $0.597 — $0.536
Exit [Short/Sell]_ $4.959 — $7.462
InsurAce (INSUR) Investors
Huobi DeFi Labs
Block Dream Fund
Maple Leaf Capital
Ark Stream Capital
BNB Smart Chain
Disclaimer | Refund Policy | Read Before You Make a Purchase
The content provided here is not investment advice and does not constitute an offer or solicitation to offer or recommendation of any investment product.
It is for general purposes only and does not take into account your individual needs, investment objectives, and specific financial circumstances.
Investment involves risk.
Past performance is not indicative of future performance.
Investment does not always generate positive returns or protection against market loss.
Although the content provided here has been taken from sources that are assumed to be accurate, no warranty or representation is made by Cryptovestor as to its correctness, completeness, timeliness, or accuracy.
Cryptovestor does not assume or undertake any duty to advise any person or investor and accepts no liability whatsoever for any direct, indirect, or consequential loss arising from or in connection with any use or reliance of this content or anything contained in it.
No part of the content provided here may be copied or duplicated in any form, by any means, or redistributed without the prior written consent of Cryptovestor. Cryptovestor shall have no liability for any misuse or unauthorized distribution of the content provided here.
You should do your own research and seek independent professional advice.
The digital services & products provided here, such as — but not limited to — Reports & PDF Reports are accessed & downloaded at your end and immediately become yours as you make a purchase, so Cryptovestor has a STRICT NO REFUND POLICY.
If you are not sure about making a purchase, do not buy the digital services & products provided here.