Introduction to wNXM(Wrapped NXM)
Nexus Mutual uses the power of Ethereum so people can share risk together without the need for an insurance company. Nexus Mutual is a decentralised alternative to insurance. They’ve used blockchain technology to create a mutual (a risk sharing pool) to return the power of insurance to the people. The platform is built on the Ethereum public chain. It allows anyone to become a member and buy cover. It replaces the idea of a traditional insurance company, because it is wholly owned by the members. The model encourages engagement as members will get economic incentives for participating in Risk Assessment, Claims Assessment and Governance.
Name: wNXM
Total supply: 4,804,326 NXM
Website: https://nexusmutual.io/
Explorer: https://etherscan.io/token/0x0d438f3b5175bebc262bf23753c1e53d03432bde
Whitepaper: https://nexusmutual.gitbook.io/docs/docs
Github: https://github.com/NexusMutual
Twitter: https://twitter.com/NexusMutual
Risk Alert: