Review on Nexus Mutual by Adedamola Adeniji
Nexus Mutual Presents A Viable Alternative to Bottleneck From Insurance Company
Nexus Mutual runs on Blockchain technology to cover its users against Smart contract failure. This it achieves through the power of ETH facilitating the sharing of risk together without the need of insurance companies
I found Nexus Mutual that it protects its users against DAO attacks and other bugs in Smart contract
Nexus Mutual doesn't partner with any third party company, it is absolutely run by its memeber as only them can decide which claims are authentic or not with all decisions recorded and enforced by smart contract on ETH public blockchain.
It has its team of experts with over 15 years experience in broad range of insurance and re-Insurance roles.
You can get started by either choosing from quote to get you protected or buy NYM to be part of the owners of the mutual.
Pros
- It protects you against DAO attacks.
- Best alternative to insurance companies
- Nexus Mutual puts you in total control.
- It runs on ETH blockchain.
Cons
- Time will tell.
