We’d like to present an Inchain financial model.
Let us give some explanation about the model. First of all, we analyzed the crypto services market to understand how much crypto services we can insure. We made a survey among bitcointalk users and as a result we’ve chosen 12 crypto services for the model where Inchain could insure users’ accounts.
As you know, Inchain issues insurance bonds for each insurance policy. Investors can buy these bonds and get a coupon after insurance policy ends in exchange for accepting the risk of the insurance policies. For a better understanding, each Inchain insurance bond contains 8,33% for every insured crypto service. Therefore, if one of the insured crypto services is hacked and funds are totally stolen from it the cost of a bond and coupon will be decreased by 8,33%.
Next, we included conditions that affect the Inchain financial model values.
You can edit GREEN fields to view how these conditions may change the Inchain financial model values.
And in the final part of the model we explain three cases for different conditions:
- no one from the services was hacked for a year;
- one service was hacked and the funds were totally stolen from it;
- two services were hacked and half of the funds were stolen from them.
As you can see Inchain earns in each case.
Any questions are welcomed)
Link to the model: download