UnoRe

About UnoRe

{"time":1704989225000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["UnoRe is the world’s first insurance and reinsurance trading platform.","This platform allows the community to invest and achieve sizable returns from one of the safest asset classes in the world.","UnoRe will allow the community to design innovative insurance products, thus propelling a new generation of Insurtech based companies on the UnoRe ecosystem."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"The first product is UnoRe’s Risk Investment decentralized application (dApp)."},"type":"header"},{"type":"paragraph","data":{"text":"This application allows users to invest in stablecoin USDC to provide liquidity to the insurance and reinsurance pools on the platform and earn rewards in USDC.\r\nOver time, users will also have the option to stake and earn a return in other tokens, including our native token $UNO.\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/51uuodue7icrt3balmamd6liyxky","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/51uuodue7icrt3balmamd6liyxky"}}},{"type":"paragraph","data":{"text":"\r\n"}},{"type":"image","data":{"caption":null,"stretched":false,"url":"https://assets.polkastarter.com/ggwy0tlnf0b5hrhiwb9hf6y5jf52","withBackground":false,"withBorder":false,"file":{"url":"https://assets.polkastarter.com/ggwy0tlnf0b5hrhiwb9hf6y5jf52"}}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"There is a huge problem when it comes to inaccessibility to invest within the historically very profitable asset class, which is the \"risk.\""},"type":"header"},{"type":"paragraph","data":{"text":"This is a problem as no other protocol allows for reinsurance to be introduced and integrated to such a degree within the blockchain space.\r\nUnoRe’s concept revolves around giving the community the rich tools to balloon their wealth."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"The top problem is solved due to Uno RE’s Risk investment decentralized application (dApp)."},"type":"header"},{"type":"paragraph","data":{"text":"There will also be an upcoming exchange for trading risk-based assets intended to give anyone access to “risk” as an asset class from which they are given the opportunity to generate capital."}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"The runway provided with this project will last for 18 months."},"type":"header"},{"type":"paragraph","data":{"text":"That being said, UnoRe’s business model works by having 10% of all underwriting profit retained by the project, as well as the transaction fees."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"Currently, no other blockchain protocol does what this dApp is intended to do."},"type":"header"},{"type":"paragraph","data":{"text":"The advantage UnoRe has is that by the time the competition comes close to its concepts, they will be way ahead in terms of progress and growth."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"UnoRe managed to raise $2.1 million."},"type":"header"},{"type":"paragraph","data":{"text":"Some of the most notable investors include KuCoin, NGC, Moonrock Capital, OKEx Blockdream Ventures, Moonwhale Capital, Spykefast, Blockpact Capital, Three M Capital, Femocraft Ventures, Propeller, Kyros Adventure, x21, AU21 Capital, and Morningstar Ventures."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"items":["Jaskanwar Singh (CEO)","Sujith Sizon (CTO)"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"$UNO is the native cryptocurrency token of UnoRe."},"type":"header"},{"type":"paragraph","data":{"text":"Users are given the opportunity to buy insurance through the usage of the $UNO token.\r\nThey will also be given a discount rate based on their $UNO usage.\r\nThey can also receive claims in the form of $UNO.\r\nIn order to invest in Risk Pools, Transaction fees will also need to be paid through the $UNO token."}}],"version":"2.27.2"}