InsurChain Weekly Report (Jul. 17th – Jul. 23rd)

Business & Cooperation

  1. InsurBox Update

Data for this week: Weekly Active User: 120 thousand, Daily Active User: 31 thousand, Hashpower: 414.79 million.

InsurChain testnet will select 11 premium nodes and 2 backup premium node through vote election.

 

  1. InsurBox client version launched

 

InsurChain has launched client version of InsurBox on July 17th. As an important channel of connecting users and insurance products, InsurBox can provide wallet management system as well as policypaper upload services. It will also support services like policypaper management, data transported to the chain etc. in the future. Besides, InsurBox has also added port for DApp, and it is designed to serve different insurance scenarios.

 

  1. InsurFund founded to serve the ecosystem strategy

 

InsurChain has co-launched InsurFund, the fund for its ecosystem strategy on July 18th along with its partners. The fund will be used to invest and incubate blockchain projects developed on InsurChain mainnet and promising blockchain projects. 50% of the profits of the first term of InsurFund will be delivered to coin holders in InsurBox based on his INSUR volumes and holding duration. Centering on its ideology of enabling insurance, InsurChain will provide helps to more InsurTech projects through InsurFund.

 

  1. Premium node election ended on InsurChain testnet

 

InsurChain node election ended successfully at 24 o’clock on July 20th. The elected 11 premium nodes are INSUR-Sky, LinkVC, Bangshi Capital, INSUR Anti-gravity, INSUR-HK, ZT, INSUR Orion, Newtank, Contract VC, INSUR Solidarity and TopMDRT. Coin Commission and R15 are elected as backup node.

 

Those who are elected will start running their DPOS missions since the elected day. InsurChain team will start contacting IPFS standard nodes in recent. See more details here: http://browser.insurchain.org/#/witness

 

  1. Project progress

 

  1. 0.0 formally launched;
  2. 1.0 quick news function will be launched in test version;
  3. DApp API open platform will be prepared this week.

Community Partners Project

 

Community Partners Project is a long-term project to improve InsurChain community. If you are interested in participating, you can add InsurChain customer assistant to ask for more information. Each group leader will be rewarded with INSUR if he delivers contributions.

 

Group leader will be awarded every month according to performances such as user amount, activity etc.

 

Market

Last week, the trading volumes of INSUR reached 1.693 billion and 242 million daily trade. Among all the trading, the trading volume of INSUR/BTC, INSUR/ETH and INSUR/USDT on OKEx reached 88, 25 and 129 million respectively.

 

Community

 

Community data update:

Telegram: members (23826)

Twitter: subscribers (5978)

Weibo: subscribers (1572)

Wechat assistant: friends (3070)

 

InsurChain official channels:

Homepage: www.insurchain.org

App link: https://wallet.qusukj.com/h5/shareSucc.html

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

Live stream on Yizhibo: 346495103