funded
FiDa - Decentralized Risk Transfer Protocol
Current Project Status
In Progress
Amount
Received
Received
₳68,000
Amount
Requested
Requested
₳100,000
Percentage
Received
Received
68.00%
Solution
Introduce a new un-correlated asset to the cardano blockchain. These cards represent insurance contracts that facilitate risk diversification, trading, and democratize insurance investing.
Problem
The Insurance Industry currently:
- has high operational costs
- is capital inefficient
- cannot find liquidity for demand
DeFi on Blockchain:
- too speculative
- highly correlated with tech financial sector
Impact Alignment
Feasibility
Value for money