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/biz/ - Business & Finance


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25606298 No.25606298 [Reply] [Original]

Why LinkInsure?

Website: https://linkinsure.finance
Telegram: @linkinsure

The transparency of blockchain requires all DeFi projects to become open source in order to gain the trust in communities. Due to running on public blockchains where any one can make transactions to any DeFi applications, DeFi smart contracts have been targeted by lots of white-hat hackers, who have been stealing millions of USD stored in the smart contracts by exploiting technical and economical vulnerables in the smart contracts.

Developing a DeFi app without any vulnerable is very hard, even impossible as every thing is transparent in public blockchains. Insurance for DeFi has been one of the hottest trends in crypto to cover for loss of funds in those DeFi projects.

Several insurance protocols have been implemented and run on Ethereum. Examples are Cover Protocol, Nexus Mutual, Nsure.Network.

However, most of those protocols run on Ethereum while an insurance protocol using Chainlink decentralized oracle network is still missing.

Chainlink is a very fast evolving ecosystem where many DeFi projects have been implemented and deployed to speed-up the transformation from centralized finance to decentralized finance. An insurance protocol like LinkInsurance becomes a must to cover losses of users in cases of attacks.

>> No.25606374

Why Chainlink?

An insurance protocol is missing in the Chainlink Ecosystem.

Huge potentials that Chainlink bring to the LinkInsure protocol as all DeFi projects in Chainlink Ecosystem can be inter-connected with each other.

>> No.25606534

LinkInsure Roadmap

Phase 1 — Q3 2020: Market Research and Positioning

Research on Insurance Protocols and the need in DeFi
Research on DeFi ecosystem
Team Forming and Project Branstorming
Phase 2 — Q4 2020: Market Research and Positioning

LinkInsure Protocol Design
Tokenomics Design


Phase 3 — Q1 2021: Market Research and Positioning

LinkInsure contract development
Smart contract and web development
Token Sale
Deflationary Farming
Onboarding DeFi projects onto LinkInsure
Partnership, Marketing, and Branding
Listing on main exchanges
Phase 4 — Q2 2021: Market Research and Positioning

LinkInsure protocol Live to protect DeFi projects
Onboarding DeFi projects onto LinkInsure
We will be offering coverage for DeFi projects on Ethereum, Binance SmatChain and on other public blockchains.

>> No.25606749

This is a scam right?
Not even on coingecko or coinmarketcap.
And anonymous team for insurance?
Fuck off.

>> No.25606821

>>25606749
I think listing after pre sale

>> No.25606826

Once you defeat all the other pajeet shitcoins this is the final boss

>> No.25606896
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25606896

This is the most blatant looking scam I've ever seen.
Anyone who wastes their money on this is an idiot and deserves to lose it.

>> No.25607369

legit, after listing will be 10x-50x
easy.
low supply, only 40 ETH pre-sale

>> No.25607443

Why would jannies let this stay up? SAD!

>> No.25607654

>>25607443
Jannies are non-existant on this board unless its nudity. They only show up when posts get reported.
They certainly don't ban obvious scams.

>> No.25607696

interesting project

>> No.25608175

>>25606534
>Market Research and Positioning
kek... gonna have to pass right there

>> No.25608924

will be to the moon !

>> No.25609079

>>25606298
its so obviously a scam if you lose your money you fucking deserve it. go back to pooing on the roads pajeet

>> No.25609100

>>25606374
>An insurance protocol is missing in the Chainlink Ecosystem.
No its not
>Roadmap is only market research and positioning
fuck jannies for not stopping this scam shitposting

>> No.25609161

another jeet scam
don't fall for this rug pull scheme