We are happy to announce that the DuckDAO has become a strategic partner of Polkacover, a DeFi insurance platform that works to change the status quo and provide adequate insurance coverage for crypto users and assets.
At the moment, less than 1% of crypto assets are properly insured and we are happy to support Polkacover in its mission to create the first DeFi insurance marketplace for the global crypto ecosystem.
Kunal Sadani, CEO of Polkacover said:
“We’re excited to be working with DuckDAO, who is going to be a key partner in building awareness & long term community support to our project. As we head towards our TGE, DuckDAO’s backing and strategic support will help us in our goal of bringing awareness to our project & crypto insurance to the masses”.
A DuckDAO spokesperson said:
“Insurances for crypto assets are extremely scarce & awfully important in the DeFi & NFT’s space. With the easy-to-use interface being built at Polkacover, this project will help in driving the mass adoption of insurance in the crypto world. Each NFT asset can basically be covered by an insurance product, to explore that makes completely sense.”
The strategic partnership will align Polkacover’s and DuckDAO’s interests and enable them to pool resources together and support the mission with advice, resources, and marketing power.
Polkacover is a Polkadot-based global DeFi-Insurance marketplace that provides insurance products to safeguard Crypto, DeFi & NFT assets for users in over 120 countries. Individuals can use the upcoming Polkacover marketplace to search, compare & buy multiple insurance products backed by traditional insurers or through our community governed P2P insurance platform.
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DuckDAO is a community-backed blockchain-centric incubator platform that provides promising early-stage crypto startups with the expertise, financial resources, and marketing power needed to put them on the path to success.
Who will win? One VC or a thousand ducks?
CoinGecko (DDIM): https://www.coingecko.com/en/coins/duckdaodime