inSure DeFi is partnering with OVR to provide insurance for their AR & VR platforms.
inSure DeFi is thrilled to partner with OVR, a platform for geolocalized AR and VR experiences based on Ethereum blockchain which allows creation, hosting, and visualization of geo-located AR and VR content. inSure DeFi will provide insurance coverage to OVR fungible token owners and NFT property ownerships (OVRLand owners). This partnership will enhance OVR platform and create peace of mind for all the users of OVR Ecosystem.
Adding insurance coverage solution to the OVR Platform
OVR is a platform for geolocalized AR and VR experiences based on Ethereum blockchain. OVR allows for creating hosting and visualizing on mobile geo-located AR and VR contents. AR/VR assets are connected to geographic locations thanks to NFTs (ERC-721 standard). The world has been divided into 1.6 trillion hexagons. Each hexagon (OVRLand) represents a unique geographic location and the owner of the OVRLand can decide what AR/VR experience will be visualized on that location. Covered use cases are gaming, live events, virtual retail, avatars, tourism, and many more... AR/VR assets are hosted on IPFS making the platform unstoppable. OVR project also has a fungible token (ERC-20) OVR Token used for governance and exchange of value on the platform. OVR Token emission is controlled by an IBCO controlled by DAO under the Aragon framework.
Through this collaboration, inSure DeFi aims to provide comprehensive insurance coverage to OVR through risk pool allocation and inSure DAO voting mechanism for insurance claim approvals. The addition of inSure DeFi insurance offering will help to increase the level of platform security, protecting OVR users against hacks, malicious actors, and other unforeseen events.
Under this collaboration, inSure DeFi platform will allow OVR holders to get insurance for their OVR tokens and NFT property land value. The OVR holders will be eligible to provide liquidity for the inSure DeFi risk pool and receive the rewards!. The partnership between inSure DeFi and OVR will help in driving mainstream adoption by setting a strong foundation for future developments in VR and AR space.
About inSure DeFi
inSure DeFi is a Decentralized Insurance Ecosystem, partnered with Chainlink, trusted by thousands of community members to protect their crypto portfolios from scams, exchange closures, and drastic devaluations. inSure DeFi provides insurance solutions for the crypto space to stabilize and secure Crypto & DeFi portfolios.
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