Details
FairSide is a next-generation cover protocol, powered by its native crypto token FSD. Through its decentralized cost-sharing network, the network aims to offer crypto users the same benefits that insurance has provided to traditional finance. FairSide members will pay a membership fee and will receive cost-sharing benefits for their future crypto loss events. Members will vote on whether the need of another member meets the community standard of an unfair cryptocurrency loss. If so, cost-sharing will be automatically distributed via a smart contract to the receiving member's wallet from the Capital Pool.
Fundraising
How do you feel about FairSide Network today?
Total Votes 172
The Archives Including
Significant Events
Nov, 2021
FairSide Network raised $ 4.2 M in funding round
Similar Projects
Nexus Mutual
Decentralized Insurance Protocol
Nayms
Crypto-Native Insurance Market
Re
Decentralized global insurance transaction layer
Neptune Mutual
Risk protection product
Nami Insurance
Decentralized Insurance Protocol
OpenCover
DeFi insurance platform
Azurance
Decentralized On-Chain Insurance Platform
Marquee
Decentralized Insurance Platform