Nsure Network

 Basics

• Based in:
• Started in / Announced on:
• It is deployed (3-2021): on Ethereum’s Kovan testnet.
• Mainnet release:
• Decentralized insurance

Audits & Exploits

• Bug bounty program can be found [insert here].
• From their FAQ (4-1-2021):

"The audit is currently being carried out by a 3rd party auditing firm."

Governance

DAO

• Says it is governed by Nsure stakers (4-1-2021):

"NsureDAO governs key parameters of Nsure.Network, such as type of product issuance, community claim assessment and profit pool rewards. Additional governing parameters can be proposed by the DAO vote."

Token

Utility

• From their FAQ (4-1-2021):

"Users who participates in the governance voting will be able to collect rewards from the protocol. Nsure will also be awarded to users who provide capital to the network. Part of the insurance premium is automatically into the profit pool when the insurance contract expires. Nsure holders can stake and vote in NsureDAO to distribute bonus issuance from the profit pool."

Technology

• Whitepaper can be found here (no date mentioned).
• Code can be viewed [insert here].
• Built on: Oasis Network (17-10-2020) and Ethereum (beta launch)

How it works

• From this insurance deep dive (3-2021):

"Nsure is a marketplace to trade risk. It relies on the staking of NSURE tokens to signal the riskiness of a protocol and uses it to price cover. Other than the staking component, the risk rating will contribute to the final cover price."

• From a blog (5-7-2021):

"Nsure Network is a decentralized insurance platform offering a marketplace to trade risk between individuals and entities wishing to outsource their risk exposure to those willing to underwrite them. It is modeled after the Lloyd’s of London marketplace, a global venue for trading risk. Nsure decentralizes and automates the process, allowing anyone to commit their capital and do their part in securing DeFi protocols. A dynamic pricing model determines premiums. Capital mining is implemented to ensure the capital required to back the risks at any point in time."

Roadmap

• Can be found [Insert link here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].
• Alex Peng; co-founder
• Alvaro Fernandez; Head of Strategy 

Funding

• From this insurance deep dive (3-2021):

"Nsure raised a $1.4 million seed fund from Mechanism Capital, Caballeros Capital, 3Commas, AU21, Signal Ventures, and Genblock back in September 2020."

Partners 

• Has joined forces with the Oasis Protocol Foundation (17-10-2020).
• Partnered with Polkacover (5-7-2021).

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

Also check out CoinTr.ee for more content.