Polkacover announce its partnership with Phantasma Chain

CoverCompared
2 min readJan 18, 2021

Team Polkacover would like to happily announce to the community that we have formed a very strategic partnership with Phantasma Chain. Through this partnership we will be creating innovative new products built around the NFTs marketplace.

What is Phantasma Chain?

Phantasma chain is a fast, scalable and secure blockchain solution that allows developers to build DAPPS (decentralized applications) and facilitate interoperability with the other block chains. It functions while maintaining a decentralized governance system. Phantasma strives to be the market leader in blockchain gaming by launching high quality games with tokenized in-game assets (NFTs) to give control back to the players.

With its advanced multi layered Non-Fungible Token (NFT) technology and integrated gaming hub Pavilion, including Steam connection. Phantasma aims to minimize the threshold for onboarding new gaming studios — paving the way for the future of blockchain enabled gaming and true ownership of game assets through its NFT marketplace ( Ghostmarket.io).

The growing NFT market has yet to attract malicious activities and losses, however the team at Phantasma and Polkacover have assessed the risks that could befall in the future and hence are working together to create protection products around NFTs security against impermanent loss.

These products are currently under development phase and will be a part of the roll out planned in the coming quarters of 2021

About Polkacover:

Polkacover is a global Defi-Insurance marketplace that provides will several insurance products geared in providing safeguards for Crypto, DeFi & NFT asset users from over 120 countries. Individuals can use the upcoming Polkacover marketplace to search, compare & buy multiple insurance products backed by traditional insurers or through our community governed P2P insurance platform.

Polkacover is being built on the polkadot ecosystem, Polkacover aims to be the missing link that will connect the mass crypto market users with a unique marketplace to provide them insurance coverage on their crypto, DeFi & NFT Assets.

Need More Info on Polkacover?

Website

https://www.polkacover.com

Telegram Community

https://t.me/joinchat/R6PwmlJogkYccCBUAFIE1w

Twitter

https://twitter.com/polkacover

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CoverCompared

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