Early Backers Token Distribution Update

2 min readJul 26, 2021


Dear CoverRangers,

We are thrilled to announce that we have successfully distributed 85% of our private sale tokens. Going forward, the dispersion of the early backers tokens (which was approximately about 4.5M) will reduce down to around 400K tokens a month and 200K (Approx) for the final three months. The reduction of token emission will, in turn, reduce the volatility of the token circulation.

We want to take this opportunity to thank our early backers who participated in the private sale round. Their support gave us enough momentum to begin building the first DeFi insurance marketplace for the global crypto ecosystem and soon gain recognition within the crypto space.

The team at PolkaCover works intending to provide user-centric and futuristic insurance covers for customers through our marketplace.

Soon, we will take the industry by storm!

We have an exciting quarter ahead! Within the next 45 days, we will launch our dApp and soon after will be on a centralized exchange (CEX).

Thank you for your constant support.

We hope for the same as we gear up for our marketplace launch

Onwards and upwards!

About PolkaCover:

PolkaCover 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 for the crypto world. 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.

Telegram | Twitter | Medium |LinkedIn | Website | Whitepaper | GitBook




The First DeFi Insurance marketplace for the global crypto ecosystem