Uno Re Provides Smart Contract Cover to ArcadeNetwork
We are thrilled to announce our next partner, ArcadeNetwork- a decentralized platform that serves as an NFT marketplace and a relayered bridge, allowing users to transfer in-game assets between different metaverses.
Contributing to the interoperability of metaverse gaming, our new partner also has a rich and ever-growing NFT marketplace that offers a wide variety of NFTs.
Uno Re x ArcadeNetwork
In light of this partnership, Uno Re will be providing an insurance cover to ArcadeNetwork’s NFT marketplace against any potential smart contract vulnerabilities that could result in loss of assets.
The significant rise in smart contract hacks taken into account, any platform using smart contracts requires insurance cover. We are happy to help ArcadeNetwork users stay protected against smart contract-related risks.
ArcadeNetwork is expanding its NFT offerings through partnerships with various marketplaces. For our new partner, it is of the utmost importance to ensure the security of their users’ assets, for which they joined forces with Uno Re. Thanks to this partnership, ArcadeNetwork’s entire Module Suite will be covered by us, including:
- ARC Minter, NFT minting platform bringing gamers and game artists together (while users are minting). Our insurance solution will protect users when they are minting NFTs from any smart contract vulnerabilities.
- ARC Marketplace, ArcadeNetwork’s NFT marketplace offering a variety of in-game assets — allowing Uno Re to insure against any potential smart contract vulnerabilities when users are buying — which involves transferring NFTs from one wallet to another or selling their assets.
- ARC Relayer Bridge, enabling users to move their in-game assets from one metaverse to another.
- ARC Notecase, Multicurrency and Crypto collectible wallet for holding $ARC, NFTs, and other partner currencies.
- ARCVerse, platform allowing game developers to launch metaverses even if they lack resources and funds — our insurance solutions within the metaverse from protect assets and funds against any smart contract vulnerabilities.
“ArcadeNetwork is a platform that is creating added value for metaverses’ all parties, including users, developers, and traders. Uno Re team is excited and happy to help all of them stay protected against possibe smart contract exploits.”
— Jaskanwar Singh, CEO, and Co-founder of Uno Re
“Arcade Network’s mission to bring all Metaverses closer starts now, and we are excited that UNO RE is joining us at this early stage to bring safety to the project. With both projects working hand-in-hand, we could solve one of the biggest issues in the gaming industry and make the most use of NFT and blockchain technology!”
— Chinka Gupta, CEO & Founder Arcade Network
About Uno Re
Uno Re is the world’s first decentralised insurance and reinsurance platform, allowing the community to invest and trade in ‘risk’ and receive sizable returns on their investments in one of the safest asset classes in the world. The platform will break barriers to entry for the retail investor by doing away with the historic pre-requisite of absurdly high capital generally needed to invest into the market while also introducing much-needed transparency into the industry as a whole. Uno Re will also allow the community to propose innovative insurance products to the space, thus propelling a new generation of Insurtech companies powered by the Uno Re ecosystem.
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About ArcadeNetwork
ArcadeNetwork is the world’s first decentralized platform that provides cross metaverse asset interoperability. It makes use of blockchain technology & NFTs, creating a unified relayer bridge, which enables seamless movement of in-game assets between different games.
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