InsurChain Weekly Report (Nov 12th – Nov 18th)

Business & Cooperation

1. InsurBox data update
Data for this week: Weekly Active User: 38.7 thousand, Daily Active User: 26 thousand.

InsurChain is a decentralized insurance blockchain platform, committed to building a peer-to-peer insurance market and ensuring the normal operation of this insurance market through a series of rules and mechanisms, and striving to become the world’s largest decentralized insurance blockchain ecosystem.

2. Starfire Insurance

Starfire Insurance is a P2P insurance designed to solve medical problems. It has mining and P2P insurance functions. Users can participate in the program and get covered. When a claim occurs, we will introduce a verification committee to verify the claim.

Right now, we have more than 2.4 thousand users signed up for Starfire insurance with a fund pool over 50 million INSUR. The reward pool exceeded 280k INSUR as well.

You can sign up for Starfire by donating 10k INSUR, and the plan will be initiated when a 10 thousandth user sign up.

Techs
We have conducted researches on the economic models on blockchain last week.

Community Partners Project

The weekly review of group leaders has been completed and rewards been delivered. InsurChain Community Partners Project is always an important part of our mission. And the recruit is still ongoing.

How to become a partner: Add InsurChain assistant and send a message “Group leader participation”.

Besides, the campaign for standard node is also ongoing. You can add assistant to know more.

Market

Last week, the trading volumes of INSUR reached 2.762 billion and 395 million daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 135, 65 and 195 million respectively.

Community

Community data update:
Telegram: members (17038)
Twitter: subscribers (4868)
Weibo: subscribers (1585)
Wechat assistant: friends (3311)

InsurChain official channels:
Homepage: www.insurchain.org
Twitter: @InsurChain https://twitter.com/InsurChain
Weibo: @InsurChain https://weibo.com/insurchain
Email: customer@insurchain.org
Wechat Assistant account: InsurChain or InsurWallet
Wechat official account: insur666