Learn about protecting your crypto with Oliver Xie, Founder and Project Lead at InsurAce - Ep. 34

In this episode, Bobby Ong, co-founder of CoinGecko is joined by Oliver Xie, founder and Project Lead of InsurAce. Bobby interviewed Oliver on the background of InsurAce, their products, their advantages compared to Nexus Mutual, as well as InsurAce’s upcoming plans for 2021.

[00:01:20] Intro
[00:02:56] What is InsurAce?
[00:06:58] InsurAce’s product launched on Ethereum
[00:08:15] Competitive advantage against Nexus Mutual
[00:11:47] Portfolio-based coverage
[00:19:00] What is InsurAce’s Investment Portal?
[00:24:26] Plans for multi-chain insurance service
[00:30:01] Claim process in case of hacking event
[00:36:55] Upcoming plans for InsurAce

Quotes from the episode:

“What we can provide is a portfolio-based coverage. So that means that you can cover a basket of different assets or DeFi protocols in one shot.” [00:09:28]

“It's just like sometimes when you're taking a flight, right. So you can either choose to take a flight insurance or you do not. But most of the time, I think everybody would just by default, they would just choose to buy the flight insurance. So in this way, I think it's similar.” [00:22:17]

“There is a saying that goes like, you will always need to work for the best but prepare for the worst.” [00:36:15]

Watch the Podcast on YouTube

Links

InsurAce - https://www.insurace.io/
CoinGecko - https://www.coingecko.com/
InsurAce on CoinGecko - https://www.coingecko.com/en/coins/insurace

Social Media

InsurAce:
https://twitter.com/insur_ace
https://t.me/insurace_protocol

CoinGecko:
https://twitter.com/coingecko
https://t.me/coingecko