NSURE (Nsure Network) Introduction

1. Brief Introduction
Nsure is an open insurance platform for Open Finance.

2. Detailed Introduction

Nsure is an open insurance platform for Open Finance. The project borrows the idea of Lloyd's London, a market place to trade insurance risks, where premiums are determined by a Dynamic Pricing Model. Capital mining will be implemented to secure capital required to back the risks at any point of time.

3. Token Allocation

  • Total Supply: 100,000,000 NSURE
  • Seed Round: 1%
  • Private Sale: 14%
  • Public Sale: 4%
  • Foundation Reserve: 10%
  • Marketing & Operations:10%
  • Team: 6%
  • Capital/Insurance Minning: 55%

4. Token Information and Release Schedule

  • Total Token Supply: 100,000,000 NSURE (Updated on 2020/12/08)
  • Circulating Supply: 6,130,275 NSURE (Updated on 2020/12/08)
  • Seed Round Price: $0.05
  • Private Round Price: $0.1
  • Public Round Price: $0.42

Token Lock-up plan and release plan

  • Seed Round: 1% (20% unlocked after TGE, followed by a 20% release every 3 months (>1 year total vesting period))
  • Private Sale: 14% (20% unlocked after TGE, followed by a 20% release every 3 months (>1 year total vesting period))
  • Public Sale: 4% (Unlocked)
  • Foundation Reserve: 10% (Foundation reserves are split in equal parts, 5% dedicated to nurture and build the Nsure Ecosystem, while 5% will be intended for participants of the NsureDAO to vote on)
  • Marketing & Operations:10% (20% release after TGE. Followed by 20% release every 6 months in 2 years)
  • Team: 6% (Locked for 6 months, further releasing 25% every 6 months (>2 year total vesting period))
  • Capital/Insurance Minning: 55%

5. Related links