InsurChain Weekly Report (Jan.21st – Jan.28th)

INSUR buyback plan

Despite of the downtrend of crypto market, InsurChain team is still working towards the goal. To help users keep faith, InsurChain team decides to initiate a second round of buyback plans.

InsurChain team will buy at least 100 million INSUR back in no less than 8 weeks.

The INSUR we bought back will be sent to following address:

0x35812608be0753a6756ea4d549a39bb1c6d537fb

We promise the INSUR bought back will be used for ecosystem development.

This is the eighth week of INSUR buyback plan. We have bought back 100 million INSUR.

Business & Cooperation

InsurBox data update

Data for this week: Weekly Active User: 27.3 thousand, Daily Active User: 18.7 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.

Starfire Insurance formally starts

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 10k users signed up for Starfire insurance and it is formally started! The fund pool is over 136 million INSUR. The reward pool exceeded 240k INSUR as well.

Techs

We have developed multiple signatures.

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”.

Our email address: customer@insurchain.org

Market

Last week, the trading volumes of INSUR reached 6.063 billion and 0.866 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 182, 292 and 364 million respectively.

Community

Community data update:

Telegram: members (12366)

Twitter: subscribers (4140)

Weibo: subscribers (1580)

Wechat assistant: friends (3335)

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