InsurChain Weekly Report (Mar. 4th – Mar.11th)

InsurChain Weekly Report (Mar. 4th – Mar.11th)


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:


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

We have bought back 50 million INSUR this week.


Business & Cooperation


  1. InsurBox data update


Data for this week: Weekly Active User: 23.1 thousand, Daily Active User: 15.2 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.


  1. Starfire Insurance is running smoothly


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.


Since launching, members have exceeded 15k. Right now we have a pool of 196 million INSUR with a reward pool over 300 hundred INSUR.



We are still researching the Cell data model in CKB.


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:




Last week, the trading volumes of INSUR reached 5.945 billion and 0.849 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 205, 249 and 395 million respectively.




Community data update:

Telegram: members (10500)

Twitter: subscribers (4080)

Weibo: subscribers (1574)

Wechat assistant: friends (3347)


InsurChain official channels:


Twitter: @InsurChain

Weibo: @InsurChain


Wechat Assistant account: InsurChain or InsurWallet

Wechat official account: insur666