Day By Day is not only reimagining the insurance industry thanks to Web3 technology, but it is also giving users the chance to become true entrepreneurs. The platform allows you to participate in this sector like never before, opening new horizons and opportunities for people through blockchain, which were previously only reserved for large insurance companies.
Opportunity to start in the insurance industry
The insurance industry is one of the largest and most important in the world, which in turn provides an essential service for people, protecting their assets against unfortunate events. Unfortunately, this industry does not allow everyone to enter through their traditional marketing practices. That is why new technologies are opening doors to a new mass of users who decide to become an active part of this sector.
Day By Day offers a matchless platform, which is revolutionizing traditional insurance procedures, thanks to the incorporation of Web3 technology. Through this technology it is possible to decentralize insurance processes and provide greater transparency all the way, allowing a greater number of participants to be incorporated into the scene.
This is how Day By Day provides inclusion for all those who are interested in participating actively, broadening horizons and democratizing one of the largest industries in the world. Thanks to this infrastructure, users can become true entrepreneurs, taking advantage of the new possibilities that Day By Day offers to be part of a new era in insurance.
Ways to participate through Day By Day
Day By Day offers several possibilities to its users so that they can be an active part of this revolutionary path in the insurance industry. Undoubtedly, this course will continue to generate new possibilities in the long term, so we invite you to learn how you can become an insurepreneur right now.
NFT policy minting: available on MainNet
Thanks to its technology, Day By Day allows you to mint policies such as NFTs, making you the true creator of them. In this way, the policies that you generate will be available so that other users who decide to contract coverage can select the risks they are looking for, and if they match those established by you, you will obtain benefits of up to 20% for being the owner.
The module for minting policies like NFT is now available on MainNet! So you can start being a policy maker today. This launch forms the central axis for more people to join the insurance industry through Web3 thanks to Day By Day and its innovative approach.
You can create the number of policies that you consider, randomly or personalized, according to the risks that you think are most convenient to cover and with the greatest demand. Each match that occurs between the demand and the parameters that you have incorporated to cover in your personalized policy (assets, risk and coverage term) will grant you greater rewards, so if you obtain a perfect match you will receive 20% rewards, and with matches in some of the parameters you will receive lower rewards, but you will always win. For example, if you have minted an electronics policy against theft for one year, and another user is looking to take out that exact risk, congratulations, that’s a perfect match!
One of the important aspects of the module to mint policies is that you will not run the risk of supporting the claim events that have occurred, since this is done through the «underwriting» module, which we will explain below.
We also remind you that a 20% discount is available in the minting of NFT policies, burning 10% of DBD tokens. Don’t miss it!
More information about the minting of NFT policies and how to start: here.
Supporting NFT policies through underwriting: available on TestNet
Another way to participate in Day By Day is by supporting minted NFT policies, where rewards are obtained in exchange for greater risk. Recently, the underwriting module was launched on TestNet and you can already start participating through this option, becoming an investor for the support of covered risks.
Through underwriting, users can subscribe to the different liquidity pools, which are responsible for responding to claim events that occur during the coverage of NFTs policies. Currently, you will be able to start trading on Testnet with the goUSD asset, providing liquidity to the first pools. To obtain goUSD you can go to Algomint and make a swap (exchange) with USDC, through Pera Wallet.
Once you have your goUSD, you are ready to go underwriting and become a true insurance industry 3.0 investor with these tokens, thanks to Day By Day. An innovative LP token called «DBD LP» has also been designed, which has unique characteristics to visualize your investment graphically, through which you can keep the metrics in mind at all times. Remember that in this option you run the risk of losing your assets, although you will be able to claim higher rewards in the future, so be sure to inform yourself and investigate about it.
Whether you want to create policies or support their risks through liquidity pools, with Day By Day it is now possible to obtain options that fit your profile. Join this revolution today and become a true insurepreneur.
Learn more about Underwriting and how to get started: here.
About Day By Day
Day By Day is decentralizing and democratizing the global insurance industry. Using emerging technologies, the first insurtech platform of its kind, enables a new era of insurepreneurs to influence investment, while providing on-demand, hyper-personalized insurance products for clients.
Insurepreneurs can mint insurance policies (NFTs) that generate passive income and/or invest in underwriting pools (DeFi) to earn a return on investment.
The InsureFi industry will provide next generation insurance that is private, transparent and accurate. Built on blockchain and using AI, Day By Day removes current insurance process and administrative constraints to give value and security to customers.
For more information, visit: https://daybyday.io/
Aviso de responsabilidad:
Este artículo no contiene consejos financieros, ni recomendaciones de inversión de ningún tipo. La información brindada se ofrece sólo con fines educativos y didácticos en cuanto a tecnología Web3 y análisis sobre sus casos de uso.
Las inversiones con criptomonedas, NFTs, tokens u otros activos digitales conllevan riesgos y no se encuentran regulados, por lo que los lectores deben realizar su propia investigación antes de tomar cualquier tipo de decisión bajo su entera responsabilidad, así como adaptarse y observar las diferentes regulaciones legales según su país de residencia.