- #6662
Nsure Network NSURE
NSURE Price
Market Cap
$55,664.09Rank #6662FDV
$146,910.82Rank #9639Investors
X Followers
Detailed Performance
NSURE shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods
NSURE to USD Converter
Price History
- All-Time High
- $3.421458x to ATH
- All-Time Low
- $0.0021.17x to ATL
- Trade Launch Date
- 28 Oct, 2020
1524 days ago
Fundraising
See more- ICO Price
- $0.40
- Funds Raised
- $3.05 M
- Tokens Sold
- 19.00 M NSURE
Exchanges
Exchanges type
About NSURE
Nsure Network is an open insurance platform for Open Finance. It allows users to purchase insurance coverage for various risks and also provides an opportunity for capital providers to back insurance risks and earn NSURE tokens. The platform is inspired by Lloyd's London, a marketplace for trading insurance risks, and employs a dynamic pricing model to determine premiums. Nsure Network recently launched its mainnet and offers staking functions for underwriters. It aims to cater to the demand for insurance coverage on new and innovative projects that are not listed on the existing Nsure marketplace.
What makes Nsure Network unique?
Nsure Network is unique compared to other cryptocurrencies in several ways.
Firstly, Nsure Network is specifically focused on providing insurance coverage in the decentralized finance (DeFi) space. It offers users the ability to purchase insurance coverage for various risks associated with DeFi protocols, such as smart contract vulnerabilities, hacks, and market crashes. This specialization sets Nsure Network apart from other cryptocurrencies that may have a broader focus or different use cases.
Secondly, Nsure Network operates as a permissionless platform, meaning that anyone can participate in purchasing coverage or providing capital for insurance risks. This decentralized approach allows for greater accessibility and inclusivity within the Nsure ecosystem.
Additionally, Nsure Network utilizes its native token, NSURE, as the primary medium of exchange and incentivization within the platform. NSURE tokens can be staked by capital providers to earn daily insurance premiums and can also be used for leverage staking on non-correlated insurance products. This unique token economy enhances the utility and value proposition of the Nsure Network.
Furthermore, Nsure Network has implemented the N-SCOSS rating system, which evaluates the protocols listed on its decentralized app. This rating system takes into account factors such as Total Value Locked (TVL), smart contract versions, and past attacks, providing additional transparency and information for users and underwriters.
Overall, Nsure Network's focus on DeFi insurance, its permissionless nature, native token utility, and the use of the N-SCOSS rating system make it a unique and differentiated cryptocurrency in the market.
Live Nsure Network Price Data
The current price of Nsure Network (NSURE) is approximately $0.002346, reflecting a decrease of -0.72% in the last 24 hours. The NSURE trading volume in the last 24 hours stands at $131,521.00. Nsure Network's market cap is currently $55,664.09, accounting for about < 0.01% of the total crypto market cap. The circulating supply of NSURE is 23.73 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Nsure Network's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on NSURE, check out our crypto insights page.
Official Links
NSURE to USD Converter
Price History
- All-Time High
- $3.421458x to ATH
- All-Time Low
- $0.0021.17x to ATL
- Trade Launch Date
- 28 Oct, 2020
1524 days ago
Fundraising
See more- ICO Price
- $0.40
- Funds Raised
- $3.05 M
- Tokens Sold
- 19.00 M NSURE