We foresee that the development of the InsurAce platform is a systematic project that requires persistent efforts and continuous improvements, which will be rolled out according to plans below for the 1st year.
Platform design and prototype protocol development.
Private token sales.
Launch of InsurAce v1.0, including the portfolio-based insurance products, capital pools, SCR mining, investment portal, claim assessment, and governance.
Launch of InsurAce v2.0, to include the cross-chain DeFi protocol covers, enhancement to investment planning and implementations, continuous optimization of pricing models.
Explore collaborations with other DeFi protocols.
Launch of InsurAce v3.0, to include insurance coverage marketplace, continuous enhancements to existing products and models, more collaborations with other DeFi protocols in the ecosystem
Diversify the product line to cover more risk types, such as oracle malfunction, asset volatility, flight delay, disaster and etc.
Explore cross-chain technical integrations with other public blockchains.
Continuous enhancements to platform operations and expansion of market shares.