Nexus Mutual is a decentralised alternative to insurance
It's first product will be Smart Contract Cover which allows businesses and individuals to be covered against potential bugs in smart contract code. You can be covered for events like The DAO hack or Parity multi-sig wallet issues receiving a fixed pay-out if something goes wrong.
Fellow members will decide on claims. Claim payments will be enforced by token driven economic incentives rather than placing trust in an insurance company.
Alert feature will be unlocked when there are over 500 followers, and the followers will be able to receive key updates of significant events occurred such as price drop, volume climb etc.
Nexus Mutual is a decentralised alternative to insurance
It's first product will be Smart Contract Cover which allows businesses and individuals to be covered against potential bugs in smart contract code. You can be covered for events like The DAO hack or Parity multi-sig wallet issues receiving a fixed pay-out if something goes wrong.
Fellow members will decide on claims. Claim payments will be enforced by token driven economic incentives rather than placing trust in an insurance company.