There is a conflict of interest between insurance companies and policyholders. Teambrella proposes a way to solve this issue by implementing a system that provides peer-to-peer coverage. Peers have mutual control on most aspects of their coverage, such as risk evaluation and processing of payments. The mutual control is implemented via a voting mechanism that can be delegated to proxies. To ease the burden of payments between peers, we use a blockchain as a mean of providing coverage and payment of reimbursements.
|Soft cap||2,000 ETH (320,600 USD)|
|Hard cap||10,000 ETH (1,603,000 USD)|
|Restricted countries||China, Cuba, Iran, North Korea, Syria, United States of America|
|Know Your Customer||Yes|
- Pre-sale: 20%
- MVP Released.
- Seed Funding.
- iOS & Android Apps.
- Invite-Only Beta.
- Token Sale. We verified the model. Now, the Token Sale is the trigger for the global scaling.
- Geographical Expansion. Not bound by insurance regulations, we are ready to launch Teambrella services in most countries.
- New Products. With more customers and partners, we’ll be able to provide full coverage for cars and other P&C types of coverage.
- Health Coverage. We’re going to disrupt the highly ineffective US healthcare system making it fair, transparent, and affordable.
- Catastrophe Coverage. We’ll upscale our model to cover catastrophic events.
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