Personally, I love reading random comments and have bumped into different coins and since i love holding DOT, came into Polkadot projects too and found out INFI, PINK, UDO etc. Can't seem to remember other gems as there are a lot of options out there.
Insurance coins are decent as well just like BMI, NEXUS, INFI. Still very early but it will explode again and early holders will rejoice. Deep diving into metaverse too, Sandbox, Mana and RIDE to be launched on Elrond's accelerator, the Maiar Launchpad.
BMI got a partnership with EGLD recently I wonder if the price will go down or up so i can prepare my funds. Got FWT today on Pancakeswap. My INFI is also down, hope the platform will be the reason for price upward movement. Urgh!
You can check PLUG from Plugnet - creation of synthetic assets to participate on DeFi protocols. BMI - Crypto insurance platform that protect our assets from hacks like INFI, UNN, HELMET. FWT - utility token from AuBit Freeway that bridges DeFi tech and TradFi that network's the world top investment products. VeChain - big cap but worth the hold as we know they are solving the carbon problem. Other payment solutions like UTK, CELO, FUSE etc
There are solutions on that. Educating ourselves to learn on risk coverage platforms. You'll get compensated when something's wrong just like BMI who already paid someone from the Popsicle user. There are other insurances like INFI, UNN, INSURE and would love to see them insuring each other if possible.
And there are risk coverage platforms that would cover stablecoins, smart contracts, centralised exchanges like INFI, BMI, NEXUS. Bridge Mutual team has paid one user from Popsicle Finance after providing coverage of 50K and get compensated after that! Insured Finance's platform is almost ready. I just want the defi space to be protected and away from hacks but it's inevitable!
I would invest that money to solid alts like FWT, bridging DeFi and CeFi. PLUG from Plugnet, creation of synthetic assets, BMI from Bridge Mutual that protects our assets like INFI, UNN, NEXUS! High caps like AXS, MATIC, DOT, LINK 🙂👍
I am buying whenever I can, selling whenever I can. MOstly going to make a fat bag of safety defi insurances coins. They are not requested right now because they are not very simple to use by the average crypto user but there will be a time when the main hype will be over the insurances protocols and guess who will be in the spotlight? I think BMI can have that potential alongside INFI and Cover maybe
For some to avoid hacking especially in crypto, there will be insurances on a mass scale level even though at the moment they are just developing everything to be ready for that mass adoption. My bet is on BMI but also INFI and COVER are good to watch
Well I've been looking a little at this industry that's emergin into crypto and there are many other protocols that can insure more than just smart-contracts. BMI, INFI, COVER to mention just a few. I was stuck at BMI because of the number of holders they have, which is more than any other protocol and around 12k now
Yup! It's an insurance project like INFI that provides coverage to stablecoins, smart contracts and even centralized exchange. BMI's product and coverage mining event will start on July 8th. INFI matic testnet will deploy soon. So many things to look for.
Yeah, seeing hacks every day makes people to be less confident on investing, so far INFI and BMI havent released their product yet but both provides coverage to stablecoins, smart contracts and centralized exchanges. Let me check ARMOR!
I relate with this before I told my family to invest in crypto but they refuse. They didn't know that they will change their lives. They always told me that the exchange will be a hack but I told them that there is nothing to worry about coz there's Insurance. Like INFI, HELMET, and NXS to protect their assets.
yeah, but NXM is focused only on smart contract coverage. projects like BMI and INFI can cover more. BMI, for example, can cover stablecoins and centralized exchanges in addition to smart contract coverage. i think they should launch their app in June.
no one likes to be rugged, that's out of the question. i think insurance has a bright future, people just need to realize the potential behind that. nothing happens over night and it will take some time. i am holding BMI but i can see that there are some other projects in the development right now like CVR and INFI.
PLUG from plugnet - takes DeFi participation to a whole new level via blended finance — giving the customers of centralised asset custodians safe access to DeFi products. BMI from Bridge Mutual - risk coverage platform that will protect us from hacks and exploits. Got any competitors like INFI, UNN, ARMOR but would love to see them insuring each other to make DeFi safer and safer. FWT from Aubit Freeway platform - FWT provides access to preferential gains on the highest potential AuBitised products.
you are not the only one. that's why I started researching insurance projects, those can be interesting in the future. depends on what you like but BMI and NXM look legit and I keep seeing people talk about INFI and CVR as well.
i took a peak. into both of them. CVR's webpage reminds me of the BMI one. lol. I think that you can only purchase insurance there, can't provide it. they have similar partners. INFI looks like a pure copy-cat to me. and there is not a single word about KYC for both those platforms. thank you very much but I am gonna pass on that.
You might consider REALM, open-source project to create personalised metaverses. Its IDO is not launch yet since you like new thing. Or check BMI or other insurance token like INFI, HELMET to protect our assets from rugpulls or PLUG , it has something to do with the creation of synthetic assets. Just check ICO drops or Polkastarter if you really want new projects.
What about ellio trades? I figured out FWT and BMI on him and i've been scalping and i like the idea on it till their each platform is launched though FWT has this freeway lite platform. BMI is an insurance token like INFI, HELMET, UNN, NEXUS to protect our assets from hacks. I figured out SUPER on him as well that listed on binance but didnt catch the dip.
I can still smell bullrun season this year so i decided to scalp my BMI that is listed on Bitfinex and FYZ on Bibox, you know i can save fees when using exchange. Still holding PLUG in my trust wallet till product is out and convinced with using synthetic assets. Trying to accumulate more FYZNFT to try my luck meeting posty. BMI product in June. Insurance tokens deserves to be on top just like INFI which public testnet in June. Nexus runs smooth. What else? VET and IRIS are great projects too.
I think plugnet has its unique approach, participating the DeFi protocols in a synthetic form. BMI is under insurance token like INFI, HELMET protecting us from hacks. FYZ from fyooz platform where you can tokenize everything. Stars like lil yachty and post malone dropping nfts to their loyal fans. Crypto has different type of approach, try SLP and SANDBOX too.
Only coins that do things are valuable just like insurance coins, BMI, INFI, HELMET and other coins that has real utility like FWT, PLUG, ICX, SOL. Those popular meme coins today will be worthless next year.
I see INFI testnet will happen in June while BMI's V1 product will happen in June too. So many projects partnering INFI, BMI for risk coverage protection, for instance, plugnet partnership, that synthetic assets creation to power the DeFi and ofc, we all need security so im in for all insurances.
That's my to go project as well. I've looked at NXM INFI CVR and BMI so far and it seems that the most loved is the last one. The KYC-less feature of the policies that BMI offers probably appealed to the most people that did the research and are looking to use it long term.
I'm with you with BMI, their whitepaper has been released, bug bounty should be in 2-3 weeks and i think this is the start of BMI and their product. INFI is also an insurance project, and their public testnet in June. I don't know who will launch first but wishing them everything.
When he tweeted about being negative on BTC, I know market will crash so i sold my BMI at $1.4, FWT at 55 sats, INFI at $0.28 and today i bought back BMI at $0.9 and FWT at 44 sats, INFI at 0.17 Wish me luck 😊 Choose real coins. We may have a good trade this week. I see green already.
Sad to say, meme tokens are dominating and defi hacks are rampant not knowing some projects can insure them like providing coverage to stablecoins, centralized exchange, even smart contracts for instance, BMI, NEXUS, INFI, CVR !! But everyone is enjoying the ride on it though where money currently flow.
Familiar of nexus mutual? The first crypto insurance but BMI offers more products than nexus. Providing coverage to stablecoins, centralized exchange and even smart contracts just like what INFI offers. INFI and BMI platform not launch yet. I think there are more like HELMET, UNN, CVR .
BMI, an insurance project like INFI , HELMET, UNN that provides coverage to stablecoins, cex, smart contracts and maybe more in the future but what makes look sexier is when we will see the product running, i never tried buying insurance yet.
Lots of the platform is prone to hack. That's why we need insurance right now in crypto. I saw INFI is a good one they will cover it instantly once rug pull and even exchange hack. You don't need to wait for days or even months.