Phoebe Tonkin: BRIDGE

BRIDGE

Bridge is a decentralized insurance platform that will protect smart contracts, stable coins, centralized exchanges, and more. This is a platform built on the Polkadot network, which will provide users with the most transparent and efficient p2p coverage platform, which allows anyone to reliably insure smart contracts, stable coins, and more, according to their needs.

With Bridge a person or business can insure their digital assets to prevent unwanted things from happening, for example, as in the case of bZxFlash Attack, Maker Black Thursday, KuCoinExchange Attack, and many other cases in the crypto market that cause millions of dollars in losses. With Bridge we can avoid these things.

However, Bridge does not only provide insurance services, Bridge also provides DeFi services that allow people to maximize their profit by becoming a staker. Thus the stakers have the opportunity to get passive yields over time and share profits when people buy insurance.

Bridge Advantages

Bridge is a decentralized insurance service that not only allows users to insure coins, contracts, or exchanges but can also maximize their profit by becoming a staker, which allows them to get passive yields over time.

All these processes do not require KYC or complicated identification processes, because all funds will be secured in smart contracts and no one party can interfere with these funds, including the Bridge itself.

As is well known, Bridge is a decentralized platform that allows token holders to be able to participate in platform governance, so that the Bridge platform can remain safe, transparent, and fair.

Bridge Features

Decentralized: Bridge is a decentralized insurance platform that allows its users to insure each other.

Transparent: Bridge is a transparent insurance platform where claims assessment and investment of funds are on-chain and audit-able by the public.

Fair: Each claim submitted will be reviewed through a 3-phase voting process with rewards and punishments.

Disruptive: The insurance model introduced by Bridge will replace the traditional insurance model which is less transparent and outdated.

Efficient: Bridge operations are more efficient than traditional insurance platforms because they do not require branches or working agents.

Quick: Bridge usually processes a claim within a period of usually under 6 weeks, regardless of the size of the claim.

Conclusion

As we know, currently many unwanted events occur in the crypto market, for example, such as the KuCoin hack which caused millions of dollars in losses. We don't want something like this to happen again. And to prevent this we can use insurance services to protect us. Bridge is a decentralized insurance platform that allows crypto users to insure a smart contract, stable coins, centralized exchanges, and more. This is a platform built on the Polkadot network, which will provide users with the most transparent and efficient p2p coverage platform, and allows anyone to reliably insure their assets or maximize their profits by becoming a staker.

Token Metrics

Token Ticker: $BMI

Token Supply: 160,000,000

Initial M/Cap: $500,000

Sale Price: $0.125

Vesting: 25% per Month

Token Economics

8%: Sales

41%: Liquidity

16%: Operations

6%: Vault

17%: Team

4%: Community

9%: Protection

Provide Coverage

Choose coins, contracts or exchanges that you think are safe.

Stake your BMI in their pools to provide coverage to customers.

Earn passive yields over time and share profit when people buy insurance.

Purchase Coverage

Choose coins, contracts or exchanges that you want coverage for.

Get a quote and buy discretionary insurance instantly using our app.

Easily make a claim on our app in the event of a crash or an attack.

Problem

Smart contracts, stable coins and other crypto products are susceptible to hackers & failures, making it difficult for institutions to enter the market.

Solution

Bridge provides the most transparent and efficient p2p coverage platform, allowing anyone to reliably insure smart contracts, stable coins, and more.

Roadmap

Q4 2020

Private Sale Development

Q1 2021

Private Sale Development

Q2 2021

$100M Coverage Forecast Bridge DAO Governance

Q3 2021

Product Expansion Capital Pool Growth Coverage Growth

Q4 2021