CoverCompared collaborates with OpenWorld metaverse

2 min readApr 22, 2022


It is with great pleasure that we announce our collaboration with OpenWorld- a blockchain-enabled cross-platform, multi-chain & metaverse world.

OpenWorld envisions opening a new dimension for DeFi users to connect and play in an open metaverse with a circular economy based on real monetary flow. With the help of CoverCompared, the OpenWorld team aims to improve the overall security of their exciting platform.

CoverCompared x OpenWorld

Metaverse insurance is becoming more relevant with new metaverse projects being built and more users jumping on the bandwagon. Any metaverse project that aims to provide a secure environment for its users must acknowledge the necessity of insurance as any bug or flaw in their smart contracts can lead to users’ assets being stolen by hackers.

An ambitious platform that aims to build a more sustainable economic model in GameFi and DeFi models, OpenWorld addresses the need for insurance and takes action by joining hands with a leading DeFi insurance aggregator- CoverCompared.

We are happy to provide OpenWorld users with a special code- OPEN, that grants a 10% discount on all insurance policies listed on our marketplace. Users can access a variety of insurance policies by pioneering insurance providers, compare them, and almost instantly get coverage for their assets- be it crypto or NFTs, in the OpenWorld metaverse.

The first-ever DeFi platform to offer gasless insurance policies, we are more than delighted to help OpenWorld users stay protected against smart contract-related risks. Our insurance offerings include health, life, travel, and electronic insurance alongside DeFi insurance.

To further strengthen the relations of our communities and help our users have a better understanding of our platforms, we will also host an AMA event with the OpenWorld team in the future.

About CoverCompared

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

Twitter | Medium | Telegram | Github

About OpenWorld

Formerly known as CryptoWar, OpenWorld is a blockchain-enabled open metaverse with a circular economy based on real monetary flow. They focus on building a metaverse world with the combination of 3 aspects: Gaming, Social, and Finance, which is carefully designed to have a balanced and sound in-game circular economy that generates real monetary flows enabled by the $OPEN- the native token of the platform.

Telegram | Discord | Twitter | Medium




The First DeFi Insurance marketplace for the global crypto ecosystem