BancorDAO Whitelist Proposal for DIP
This proposal is expected to appear on Snapshot for voting on Monday 26th April 2021 at 12:00 pm UTC.
- Proposal to whitelist DIP.
- Proposed co-investment is 20,000 BNT.
- There are no apparent security concerns that would prohibit whitelist status.
- There is no reason to doubt the legitimacy of the Etherisc project.
- The benefit to Bancor is clear.
DIP token address: 0xc719d010b63e5bbf2c0551872cd5316ed26acd83
Project Website: https://etherisc.com/
DIP does not have an elastic supply or rebase mechanism. The Etherisc contracts do not have permissions that grant administrators unrestricted mint/burn capabilities. The DIP token supply is fixed at 1,000,000,000, of which 184,931,488 are in current circulation. The address with the highest concentration of DIP tokens is held by a Decentralized Insurance Foundation based in Switzerland which is supervised by Swiss foundation authority. The other high addresses are team members and held for support, currently selling ~287,000 every two months.
The team wallets and vesting contracts are discussed here.
The Ethersic project is building a platform for decentralized insurance applications. Where users can create a platform full of opportunities across the industry’s value chain.
Corporates, large and small, not-for-profit groups, and insurtech startups can all come
together to provide better products and services. They aim to use blockchain technology
to help make the purchase and sale of insurance more efficient, enable lower
operational costs, provide greater transparency into the industry, and democratize
access to reinsurance investments.
Etheriscs native token, DIP (ERC20), is required to access, and participate in risk pools. Etherisc will build an economic space for decentralized insurance.The space will have a broad set of participants, customers, service providers, risk carriers, etc., the goal is to incentivize these participants to cooperate and behave well, and in line with the interests of the whole space. Designed the protocol tokens to bind participants to the platform and to assure the quality of the provided services. They are effectively implementing what is known as “Staking”, focusing on the specifics of the risk transfer.
Etherisc is active on Telegram. The Etherisc team also operates official Twitter and YouTube accounts. Activity on GitHub is relatively active, with the latest update 3hrs ago. The development team and advisors are presented on the team tab on the Etherisc website. Trello is available for tracking progress. Christoph Mussenbrock, the co-founder, and Michiel Berendeis have been the project’s main spokespeople. The Etherisc website includes a mailing address in Germany and a contact e-mail:
- Mailing, Etherisc GmbH, Ruth-Drexel-Str. 154, 81927 München, Germany
- Contact email, email@example.com
No available audits at this time. No products have launched, their first expected product is Flight Delay with the community’s rough expectation this year. The Dapp has been tested at Devcon2 with some lessons learned, and mentioned by Cointelegraph at Devcon3.
Etherisc DIP Token Price $0.2625
24h Low / 24h High
Volume / Market Cap 0.02101
Market Dominance 0.00%
Market Rank #595
Etherisc DIP Token Market Cap
Market Cap $48,657,616.42
Fully Diluted Market Cap $263,111,581.41
Etherisc DIP Token Price Yesterday
Yesterday’s Low / High
Yesterday’s Open / Close
Yesterday’s Volume $1,100,808.22
Etherisc DIP Token Price History
7d Low / 7d High
30d Low / 30d High
90d Low / 90d High
52 Week Low / 52 Week High
All Time High
Mar 29, 2021 (20 days ago) $0.4711
All Time Low
Oct 23, 2020 (6 months ago) No Data
Etherisc DIP Token ROI
Etherisc DIP Token Supply
Circulating Supply 184,931,489 DIP
Total Supply 1,000,000,000 DIP
Max Supply 1,000,000,000 DIP