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InsurAce Stock

InsurAce

INSUR

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InsurAce Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
MEXCINSUR/USDT0.0131.8312.9955,348.570cex115/23/2025, 1:24 PM
Gate.ioINSUR/USDT00014,964.150cex14/10/2025, 11:10 AM
HTXINSUR/USDT0.0100896.480cex14/8/2025, 6:35 AM
Gate.ioINSUR/ETH00000cex14/8/2025, 6:32 AM
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InsurAce FAQ

What is InsurAce.io (INSUR)?

InsurAce.io is a decentralized protocol designed to offer dependable insurance services. This protocol provides decentralized finance (DeFi) assets with flexible and reliable coverage options. The claimed advantages for users include low insurance premiums, high return on investment, cross-chain coverage, and wallet availability. InsurAce.io functions as both a DeFi and an insurance protocol. It comprises two platforms: insurance and investment, which work synergistically to deliver stable profits to the insured, the insurer, and the investor. The platform offers what it describes as zero-premium insurance. According to the developers, the combination of portfolio-based product design and a unique pricing model with sustainable investment returns enables users to achieve ultra-low premiums, nearing zero. Users have the choice to remain anonymous, thereby bypassing the KYC process. The concept behind InsurAce is to provide an infrastructure-level DeFi insurance protocol. It was launched in October 2020. The project has secured $1 million in backing from funds such as DeFiance Capital, ParaFi Capital, Huobi DeFi Labs, Hashed, Signum Capital, and LuneX Ventures. In February 2021, InsurAce raised an additional $3 million in a strategic round.

Who Founded InsurAce?

Oliver Xie serves as the founder and CEO of InsurAce. As a seasoned programmer and cryptocurrency enthusiast, Xie previously held the position of CTO, was the head of digital assets, and was a founding member of the Asia Pacific Exchange (APEX). Headquartered in Singapore, InsurAce's leadership team also includes Tech Lead Sum Wei and Product Lead Leo FIA. For more detailed information and updates, please refer to Eulerpool.

Distinctive Features of InsurAce (INSUR)

InsurAce's primary mission is to safeguard users by providing accessible product options and enhancing investment efficiency. According to the team, the key advantages of InsurAce include “zero” premium, liquidity mining, and sustainable returns. The protocol assesses risks to facilitate the management of losses. InsurAce intends to create a portfolio of products designed to cover an extensive range of DeFi protocols. Insurers benefit from access to a diverse array of asset pools while also minimizing coverage costs.

What is the Circulating Supply of InsurAce (INSUR) Coins?

INSUR is the governance token of InsurAce. The initial distribution of this token was conducted through the Liquidity Bootstrapping Pool (LBP) on Balancer, commencing on March 15, 2021, and spanning 48 hours. INSUR is built on the Ethereum blockchain and has a total supply of 100 million tokens. The distribution of tokens is structured as follows: 45% is allocated to mining reserves, 20% is designated for seed and private sales, 18% is reserved for the DAO, 15% is allocated to the team and advisors, and 2% has been transferred to the Balancer LBP. As of April 2021, INSUR has a circulating supply of 8,070,036 tokens. For further insights and data, visit Eulerpool.

How is the InsurAce Network Secured?

INSUR is an ERC-20 token secured by the Ethereum blockchain. Furthermore, the management and regulation of InsurAce are governed by a decentralized autonomous organization (DAO). To become a member of the DAO, users must hold INSUR tokens. Additionally, there is an advisory board comprising InsurAce employees and independent experts. This board supervises the affairs of the DAO community and provides necessary recommendations.

Where Can You Purchase InsurAce (INSUR)?

INSUR is available for trading on the following exchanges: * Huobi Global * Uniswap (V2) * Gate.io * MXC.COM * Bilaxy Consult our comprehensive guide on purchasing Bitcoin and other cryptocurrencies.

Investors interested in InsurAce are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.