InsurChain Weekly Report (May. 14th – May. 20th)

InsurChain Weekly Report (May. 14th – May. 20th)

 

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.

 

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

0x35812608be0753a6756ea4d549a39bb1c6d537fb

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

We have bought back 5 million INSUR this week and 1.355 billion in total.

 

Business & Cooperation

 

  1. InsurBox data update

 

Data for this week: Weekly Active User: 17.6 thousand, Daily Active User: 11.4  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.

 

Techs

We are still researching on the costs of CKB storage structure this 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”.

 

Our email address: customer@insurchain.org

 

Market

 

Last week, the trading volumes of INSUR reached 5.202 billion and 0.743 billion daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 201, 154 and 387 million respectively.

 

Community

 

Community data update:

Telegram: members (8664)

Twitter: subscribers (3976)

Weibo: subscribers (1581)

Wechat assistant: friends (3378)

 

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