introduction What is InsureDAO

Yui bnb
1 min readAug 25, 2021

InsureDAO is a peer to pool insurance market protocol on Ethereum. The operation and management of the protocol are controlled by the DAO, and anyone with access to Ethereum can create, purchase, and underwrite any insurance without KYC.

Our mission is to stabilize the entire crypto ecosystem

While there are many protocols offering attractive APY or returns by staking on Ethereum, there have been any painful hacks and bugs when looking back at the history of Ethereum.

Especially, InsureDAO covers indirect losses caused by external contracts.
(e.g. if you stake to yearn.finance and the funds are re-deployed to curve.fi; you will be covered if funds are hacked/stolen/or lost on curve.fi)

In case an accident happens and damages are incurred, you can cover your losses if you are insured with InsureDAO.

Our Investors

The round includes several top-leading crypto investors, such as NGC Ventures, LD Capital, OSAZ, Exnetwork Capital, Arkstream Capital, CC, Cryp2Gem Ventures, Faculty Capital, Genblock Capital, Hello Capital, and Honey DAO.

Moreover, the round also includes prominent angel investors, such as Hironao Kunimitsu (Gumi founder / General Partner of Gumi Cryptos Capital), Richard Ma (CEO of QuantStamp), Simon Schwerin, and Joeri Van Geelen.

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