Nsure Network

Building an insurance market to trade risks. Nsure is an open insurance platform for Open Finance (DeFi). The project is inspired by Lloyd’s London, a market place to trade insurance risks, where premiums are determined by a dynamic pricing model. Capital mining will be implemented to secure capital required to back the risks at any point of time. A 3-phase crowd voting mechanism is used to ensure every claim is handled professionally. Open market to trade risk Nsure tokens can be used to stake on the risks that Nsure token holders feel comfortable with. Insurance premiums are paid daily, and Nsure token holders benefit from the system and leverage provided. Capital mining By providing capital to the Nsure Network, Nsure tokens are minted and issued to the capital providers. Token holders can 1) stake on the projects and earn premiums; 2) hold to enjoy the benefit from the growth of the system; 3) sell in the market to realise profit. Dynamic Pricing & Capital Management Pricing is determined by real-time supply and demand. The capital model is used to ensure claims will be paid and that systematic risk is under control.