We are delighted to announce our integration with Cover Protocol, a risk coverage protocol that allows users to set the price of insurance covers while remaining completely fungible.
As a part of this integration, we will be featuring their smart contract and platform covers on our marketplace. When a smart contract system is compromised due to a hack, exploit, economic manipulation attack, or de-pegging of a specific stablecoin, the insurance protocol covers the claim amount based on the type of coverage purchased. This, in turn, protects the user from incurring a huge loss.
We are building an insurance marketplace offering…
We are proud to welcome Nsure Network to our growing list of strategic partners.
Nsure Network is a crypto-insurance platform for Open Finance.
The project borrows the idea of Lloyd’s London, a marketplace to trade insurance risks, where a Dynamic Pricing Model determines premiums given to customers.
PolkaCover platform is a new-gen insurance marketplace that leads with the vision of providing insurance to millions of underserved customers by disrupting the gaps associated with traditional insurance.
As a Pioneering Insurance marketplace, we work to provide user-centric and futuristic insurance covers for customers. …
It’s my pleasure to update you on some recent developments with PolkaCover.
At PolkaCover, we work with the aim of providing user-centric and futuristic insurance covers for customers through our marketplace. Our marketplace is currently being developed by a team of highly skilled blockchain and tech experts. We are in the phase of integrating with multiple insurance protocols for the marketplace.
The team and I appreciate the patience we have received from the community.
I can assure you that it’s not unnoticed.
Very soon we will be ready to launch our marketplace and bring a new era of…
Gap Covers were introduced in the early 1980s to help insure assets that experience depreciation. It was initially used by those who purchased a car and found themselves owing more than the car was worth due to depreciation.
With PolkaCover, this concept is now being applied for crypto assets.
The product is a lifesaver in moments where it protects the user when they make an insurance claim and receive a claim amount less than the cost or value of the commodity the user bought. …
Over the years, insurance companies and brokerages seem to be stuck in a time capsule with technological advancements. This, in turn, causes several recurring inefficiencies within the customer journey and delays with errors while processing claims.
Decentralized insurance came into existence to facilitate a customer’s journey within the system. By incorporating blockchain technology, DeIn now replicates traditional insurance products on a decentralized infrastructure.
Despite being a new concept in the insurance sphere, DeIn carries a large number of benefits to its users.
Highlighted below are some of the important benefits:
PolkaCover is ecstatic to announce the strategic partnership with PolkaInsure, another pioneering insurance protocol for the Polkadot Ecosystem.
The insurtech market has a lot of untapped potentials especially in the field of crypto-assets and crypto-insurance, yet it is often neglected due to the lack of security and protection available to the users investing within the same. With this in mind, PolkaCover redefines the insurance industry by being an innovative cryptocurrency-friendly insurance purchase and policy issuance marketplace in the crypto ecosystem as a whole. Additionally, PolkaCover understands the importance of collaborating with other marketplaces to redefine the future of insurtech.
PolkaCover is ecstatic to announce the strategic partnership with TribeOne, the world’s first truly AI-powered decentralized financial platform backed with RAROC (Risk-Adjusted Returns On Crypto) technology.
TribeOne is a user-centric NFT, lending, borrowing, saving and credit risk platform. With the aim of providing an impeccable experience to the users through innovative products, TribeOne will break barriers in the traditional financial ecosystem and revolutionize the DeFi sphere.
Through this partnership, PolkaCover will provide TribeOne with ingenious crypto insurance products offered within the DeFi Space.
The covers provided by PolkaCover are:
It’s time to HODL. YOUR. $CVR.
PolkaCover is proud to announce our second “$CVR Strongholder Campaign.”
You can now earn 100 reward tokens for hodling 5000 $CVR in your wallet. The rewarding token will be revealed soon, so watch out for more surprises!
The Strongholder campaign is what every $CVR holder needs to take part in. With this opportunity, you can hodl our token and receive tokens from other leading projects in the crypto space.
Our CEO, Kunal Sadani, is one of the strategic advisors on this new platform. He wanted to reward the CoverRangers for their loyalty towards our…
NFTs, also known as Non-Fungible Tokens, are becoming increasingly popular in the crypto space. Certified as a unique digital asset stored on the Blockchain, NFTs can resemble real-world objects like art, music, in-game items, gifs, videos, or even tweets. Each asset has a digital signature that makes it impossible for NFTs to be exchanged, hence non-fungible.
Not only are they just unique; NFTs are stored on a Blockchain, giving them indisputable authenticity. Since NFTs store previous history and ownership data, they are fully verifiable and can be traced back to their original authors.
The possibility of forging documents and information…
In case you missed out, here is a recap of the PolkaCover X Uno Re AMA.
AMA answered by Kunal Sadani, CEO, PolkaCover
Hey All! I am Kunal Sadani, CEO of PolkaCover. Super stoked to be a part of this AMA.
Congratulations team Uno Re, for your massive success!
So about me! … I have been based in the Middle East for over 15 years. My previous experiences are mostly around developing, building, and managing large-scale B2C…