PolkaCover partners with PolkaInsure

  • Hack Covers are created to safeguard user’s crypto assets by offering them insurance coverage that will help the users recover from the unexpected crisis with respect to underlying agreements.
  • Wallet Exchange Hack Cover will bear the loss according to the predefined cover amount if the central exchange gets hacked.
  • Smart Contract Cover will be offered to the users who have their smart contract insured. In the event of a catastrophic loss, a portion of the loss (a fixed claim according to the underlying agreement) suffered by the smart contract defect will be covered by the insurance provider.
  • With NFTs becoming more popular, it is vital to protect them from various hacks and fraudulent activities and thus NFT Covers come into the picture to prevent impermanent losses while safeguarding user’s creativity.
  • Kunal Sadani, CEO and founder, PolkaCover
  • Harry Callum, CEO, PolkaInsure:
  • To be one of the first pioneering protocols offering coverage for DeFi projects running on Polkadot Ecosystem.
  • To be a P2P marketplace that allows any user to request insurance and anyone to provide coverage.

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CoverCompared

CoverCompared

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The First DeFi Insurance marketplace for the global crypto ecosystem