WNXM

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

RankNo.9676

Market Cap$0.00

Fully Diluted Market Cap$0.00

Market Share%

Trading Vol/Market Cap (24H)204.31%

Circulation Supply664,717.92399494

Max Supply0

Total Supply664,717.92399494

Circulation Rate%

Issue Date2020-07-18 00:00:00

The price at which the asset was first issued--

All-Time High134.14417963,2021-05-12

Lowest Price7.823164130047671,2022-12-30

Public BlockchainETH

IntroductionNexus 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.

Sector

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• White Paper
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etfindex:mc_etfindex_sourceDisclaimer: Data provided by cmc and should not be considered as investment advice.