What is Polkacover?
Polka stands for Polkadot and cover stands for insurance i.e., DeFi insurance marketplace for Crypto. Polkacover aiming to insure all crypto, NFT and DeFI asset by providing faster, easier and transparent insurance for users. This is first ever project of insurance market build on DeFi ecosystem with the help of Polkadot Blockchain. Polkacover was founded in 2019 and since then team working on providing best ever insurance services with blockchain technology. original aim behind introducing Polkacover is to provider crypto friendly insurance and policy purchase with marketplace.
Polkacover has built one-stop-shop where user can access crypto and insurance as per their requirement. Network willing to create bridge between user and different global insurance providers. however, in the product list project will support crypto protection, health, life, education, family, car and other insurance plans.
Moreover, project also working on cheaper insurance offering by introducing several tokenized incentives. Developer have great experience of working with multi-national insurance companies, as Crypto continue gained popularity at global level then this insurance and Crypto integration will benefit for both end. Current no blockchain project actively manages and provides policy and with polkadot many existing will be solved. As per roadmap project will provide option for third party insurance companies administration, insurance DAO and marketplace.
Polkacover Price Prediction
|Month & Year||CVR Price Prediction|
|Based on||Polkadot Blockchain|
|Exchange Platform||Bilaxy, Uniswap, 1inch Exchange, 0x Protocol|
CVR ICO Overview
|Date of ICO||NA|
|ICO Price||$0.08 USD|
|Partners||971 insurance, Israeli blockchain association, ferrum network, DuckDAO, Propeller, Ocean Ventures, ZBS Capital, Titans, The Whites Holding, DeltaHub Capital, Gains Associates.|
CVR Price Analysis
CVR is mainstream token of Polkacover ecosystem that has multiple uses started from buying policy, issuance from marketplace. Polkacover will provide discount on insurance for that CVR token based incentive program will be running that make platform stronger. CVR will be available on payment gateway and also gets integrated with crypto based customer. Cross border policy can be purchased via CVR token and to boost use of token 40% discount for payment via CVR. Polkacover Token has listed with price opening price $0.31 USD that is 287% gained from ICO price. CVR price almost tipped to $2 USD in value and after being added in top trading platform prices can go above $5 USD.
Will CVR hit $10 USD?
Expected before December 2021
Is Polkacover a Good Investment?
Unique concept that bringing two biggest industry together.
Polkacover is simply bringing insurance market closer to crypto market, as it will benefit both industries simultaneously. We know crypto is almost adopted by almost every industry and being under financial tag Insurance need to gets more advanced technology. Crypto with decentralized approach solved different problem and also solved mainstream issues such as low transaction speed and higher fees. now, Polkacover that allowing insurance companies to directly approach user with multiple crypto payment and discount will defiantly gain attention. So, Polkacover will definitely sees huge growth in insurance seeker and its market cap volume keeps surging. So, Polka innovated projects continue to impress with concept and return on investment.