PolkaCover partners with Gourmet Galaxy

PolkaCover is delighted to form a strong alliance with Gourmet Galaxy, an innovative NFT — Defi project.

Gourmet Galaxy is the fusion of an advanced DeFi Yield Farming platform and NFT gaming dApp. This project aims to solve the problems that overshadow all Yield Farming platforms.

The NFT market is escalating at a rapid rate. However, the attraction of malicious activities, hacks, and losses can soon be expected in the near future. PolkaCover has assessed the risks that could befall the NFT market and are ready to insure in the future. Through this strategic partnership, PolkaCover is working together to secure gaming NFTs in GUM, preventing an impermanent loss.

“PolkaCover is elated to form this strategic partnership with Gourmet Galaxy. Gum is an extraordinary platform encircling DeFi as gameplay. We look forward to joining hands with them, gratifying the community by insuring gaming NFTs.”

— Kunal Sadani, CEO, PolkaCover

“We think DeFi is a very potential market and will continue to grow in the future. However, in parallel with this development, fraud and property theft problems will develop rapidly, so we think that helping users is very important by lowering the transactional and administrative costs of Insurance policies and coverages while providing high value with cost-effective insurance products for the crypto world. The cooperation between Gourmet Galaxy and PolkaCover will be an opportunity to develop the core features of the two parties in the future.”

— Nam Nguyen, COO, Gourmet Galaxy

About PolkaCover:

PolkaCover is the First DeFi insurance marketplace for the global crypto ecosystem. Our aim is 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

About Gourmet Galaxy

Gourmet Galaxy is an innovative Yield Farming platform, a combination of DeFi and NFTs in a gaming experience. Gourmet Galaxy is currently running on the Ethereum Blockchain and it will develop into a Galaxy with Multiple Chains in the future. By combining the unique features of NFTs, DeFi profit-making, and gaming experiences, Gourmet Galaxy is bringing new energy to the DeFi space.

GUM Pad is Gourmet Galaxy’s latest product, which allows cryptocurrency projects to raise funds by setting up a swap pool based on a fixed purchase rate for tokens.

With GUM Pad, decentralized projects will be able to raise and exchange capital cheaply and quickly. Users will be able to participate in a secure and compliant environment and to use assets that go way beyond the current ERC20 standard.

Website| Telegram




The First DeFi Insurance marketplace for the global crypto ecosystem

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Does Ukraine accept crypto donations?

Black Bear Finance Airdrop — 20,000 USD

Game of dollars: Next Generation Fundraising and Wealth Creation.

Interpreting Coinbases’s Q1 earnings report: how did the $440 million losses happen?

What is a Bitcoin node? 🤓

How do UniDex’s leverage pools work?

Where & How to buy BCH ABC (BitcoinCash ABC)

Ultimate Drip Starter Guide

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


The First DeFi Insurance marketplace for the global crypto ecosystem

More from Medium

Codename: “Timewave” Type: “Reinforcement”

The Rabbit Hole #10🕳

CRYPTO SYZYGY : AMA Session With Dreams Quest

Galactic Blue Index Report #46