Ƀ 0.0008332
Just now
(0.37%)
Nexus Mutual is a decentralized alternative to insurance. It has used blockchain technology to create a mutual (a risk-sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. It replaces the idea of a traditional insurance company because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment, and Governance.
Try our free Wrapped NXM (WNXM) portfolio tracker if you want to efficiently keep track of your WNXM and other coin/token investments.