Nexus Mutual uses the power of Ethereum so people can share risk together without the need for an insurance company. Nexus Mutual is a decentralised alternative to insurance. They’ve 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.
NameWNXM
Max Supply695,350.8701464
Issue Time2020-07-18 00:00:00
Circulating Supply695,350.8701464
Issue Price--