https://staging-covercompared.polkacover.com/about-us

Our users can now purchase different insurance policies that provide coverage for traditional as well as crypto-based assets. The multiple insurers we have onboarded help provide:

• Smart Contract Covers

• Crypto Exchange Covers

• Device Insurance Covers

• Medical Second Opinion Covers

Integrated into our smart contract are the typical insurance details such as what’s covered and the amount for which the user is insured. But the smart contract infrastructure enables the users to do a lot more. Thanks to smart contracts, in many cases, an insurance company could bypass much of the claims process, saving time and money.

You will be able to purchase traditional health insurance policies as well as protection for your devices. We take pride in being the first platform where you will be able to purchase device protection policies in exchange for cryptocurrencies. Our DeFi insurance policies will provide needed coverage for your crypto assets which are imperative with a significant increase in cybercrimes.

Users will now have a platform to purchase insurance policies by exchanging their cryptocurrencies thus, further extending crypto into the global payment system. What’s more? You can purchase our policies using our own native token $CVR to attain policies at a 25% discount than any other platform.

A decentralized insurance platform would widen up the market and allow entry for more users to purchase policies customized according to their needs. Through our dApp, we aim to provide more liberty and options to our users while also ensuring it remains user friendly.

About CoverCompared:

CoverCompared is the First DeFi insurance marketplace for the global crypto ecosystem. We aim to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.

Our platform will be connecting users with multinational insurance providers for all global insurance products such as crypto-related protection, health, life, and travel policies. The platform will include a frictionless insurance marketplace experience that incorporates next-generation blockchain technology and tokenized incentives.

MANEKI Metal Drop Structure Q: How do I get my hands on MANEKI Metal NFT? A: As a reward to our earliest community supporters, we are airdropping ALL of the 120 Collectible rarity editions in this Collection to those who signed up early. The remaining 30 will be put on sale on the GENIACE marketplace when it goes live in late 2021 (yes, real soon). Q: How much will MANEKI Metals NFTs cost? A: Pricing for the Rare and Ultra Rare editions in the Collection will be announced closer to the time of sale. Collectible rarity editions can be placed for sale our marketplace by holders (our early community supporters who received them in the Airdrop) — but we expect them to hold on tightly to them, as they come with benefits beyond their art and trading value. (more details on that below) Q: I am a lucky GENIACE Community member who was selected for the Airdrop — how to I claim my MANEKI Metal NFT? A: Congrats — we’re grateful for your support and want to get these into your hands as soon as possible. Here are the steps you will have to take to be the lucky owner of one of these NFTs:

1. Wait for the go-live announcement on our Discord #💛pioneers💛 channel

2. Log into geniace.com with your Blocto Wallet (that’s it really — nothing more you need to do. We just need to verify your wallet address)

3. The MANEKI you have minted will appear in the “My Collection” section of your profile on GENIACE Q: Will I be able to see my MANEKI in my Blocto Wallet? A: Yes — but we are still waiting for our GENIACE NFT listing in the Blocto Wallet App. We expect this to be within 2 weeks of this announcement. Until then, you can marvel at your MANEKI in the GENIACE wallet. Q: What will I be able to do with my MANEKI NFT? A: Well, we hope you love it as much as we do — and give it a home in your collection of NFTs. Don’t forget — these MANEKI NFTs are part of our bigger plan to provide benefits to our community. Holding a MANEKI is your way of showing support. So holders of these special NFTs will get whitelist access to future NFT drops, further Airdrops, and exclusive channel and role access in our Discord. You will be able to buy & sell MANEKIs on GENIACE as well as other NFT marketplaces that support Flow (e.g. Bloctobay, VIV3 etc) — details on these 3rd party marketplaces will be announced shortly.

$2.5 million Early Explorers Airdrop is live

We are running one of the most ambitious Airdrops of the market, and you have until Dec 20th to join, and grab some free $CCD!

As part of our efforts to decentralize Concordium and launch $CCD we are airdropping up to a total of 4,500,000 $CCD tokens to all the people who are downloading our wallet and creating an account!

This airdrop has a value of approximately US $2.5 million! Don’t miss your opportunity, download Concordium’s wallet and create an account before December 20th, 2021 11:59 PM CET.

Read the Terms and Conditions here.

Concordium’s Founding Community Airdrop was a success!

At Concordium, we are extremely grateful for all the support of our community, therefore we have decided to reward their early presence around our project by giving $30 worth of $CCD to all our early supporters who joined Telegram and shared with us their addresses before Dec 8th.

This airdrop was our opportunity to thank our founding community for being the first to believe in Concordium, and it brought 30,000 new accounts to Concordium in a week!

Thanks to all who participated, and remember.. December is time for giving, and more surprises are around the corner. 😉

Play Magnus Group to Bring Chess NFTs to Market on Concordium

To celebrate the victory of World Chess Champion, Magnus Carlsen, 500 chess enthusiasts will have the chance to become genesis members in a new era of chess when Play Magnus Group and Concordium release a unique set of NFTs. Learn more here.

$GTU is now $CCD

We are excited to announce that our native token is now called $CCD!

The name of the Concordium native currency has changed from “GTU” to “CCD”. The new name is an abbreviation of Concordium, with each letter representing the first letter in the three parts of the word Con+Cor+Dium. The pronunciation is /Cee Cee Dee/. The symbol for our CCD is the “Greek Capital Dotted Lunate Sigma Symbol”, number 1022 in the unicode list: Ͼ. Learn more here.

Concordium is launching a Reg DeFi Lab

Concordium and Verum Capital AG are collaborating to launch the first lab focused on developing regulated decentralized finance products: the Concordium DeFi Lab.

The lab will establish a funding vehicle and allocate for $100 M in $CCD in the form of grants and investments through its community endowment program. The Concordium DeFi Lab offers everyone a one-of-a-kind opportunity to participate in the future of regulated decentralized finance. Learn more.

Distribution of the CCD to early buyers

Listing is coming really soon so it is time for distribution! 🥳

Unless exceptional events happen, the CCDs will be distributed in the period from January 3 to January 10, 2022 to all Concordium TPDA token buyers who before December 5, 2021 have provided Concordium with their valid wallet address to where the CCDs shall be transferred. We have sent a confirmation email to all private sale buyers to confirm their wallet address. Those of you who have already provided your valid address don´t need to do any further actions at this stage.

Brace yourselves, the day we have been waiting for is just around the corner!

Tech Updates 💻

Testnet 7.0

Testnet 7.0 is live! You can read the full release notes here, which includes updates for the Concordium Node v3.0.0, and the Concordium Client 3.0.4

A new version of the Concordium iOS Wallet is out!

An update of the Concordium iOS Wallet is out, Version 1.1 brings new features such as support for the new memo functionality in simple, shielded, and scheduled transfers; and various improvements of the identity issuance flow.

Read the full release notes here. If you are an iOS user, please remember to update your wallet! Download it here.

Concordium Ledger App v2.0.3 is here!

We have released a new version of the Ledger app which supports Ledger Nano S firmware version 2.1.0. Besides, an acceptance step has been added to the export of private key seeds. Download the new version here.

SpaceSeven is live!

On the 23rd of November, SpaceSeven launched its state-of-the-art NFT marketplace. The SpaceSeven marketplace is the first of its kind — one of the few — if not the only scaled e-commerce, fully regulatory compliant platform. Learn more.

Buying NFTs With Credit Card — Now a Reality with Switchere

Switchere, a licensed online crypto exchange, announced the integration of Concordium’s native payment token, the $CCD. Switchere is supporting SpaceSeven which allows users to create, buy, and sell NFTs. SpacesSeven’s NFT platform is built on Concordium, a leading public decentralized blockchain. Thanks to this collaboration, you can now directly purchase NFTs at SpaceSeven with your credit or debit card. Learn more.

#WeToo to join forces with Concordium

#WeToo to stop child abuse has chosen Concordium to deploy a unique and innovative solution for collecting donations that will allow donors to maintain control over the flow of their donations and ensure that they have been used for the purposes promised to them.

Smart contracts built by Concordium will allow WeToo to achieve a virtuous circle and both support the Advocacy for Children and improve the tools to support transparent charity.

Concordium is proud of carrying #WeToo´s colors and to support this great initiative with the Concordium Blockchain.

Communities 👩🏻‍💻🧑🏼‍💻👨🏾‍💻

Rust & The DevX Initiative

Rust Developer Survey

The annual State of Rust Developer Survey is now live, this survey is about taking a snapshot of the Rust Community and identifying things that can be improved.

Rust Takes a Major Step in Becoming the Second Language for Linux

Rust as a programming language has matured to such a level that it is now closer than ever to becoming the second language of Linux after C. With the next patch release the door has been opened to add support for Rust stable support in the Linux Kernel.

The DevX Initiative Lays out its Goals Principles for its Sponsorship Program

The DevX Initiative by Concordium has released a blogpost detailing goals and principles they have for the Rust Maintainers Sponsorship Program announced in October read here for further details.

Rust Foundation Announces free compute resources for Project Maintainers

The Rust Foundation has announced the Rust Foundation Cloud Compute Program, a new initiative to provide free computers for Rust Project maintainers around the world. Through infrastructure credits provided by Amazon Web Services, Inc. (AWS), Microsoft Azure, and Google Cloud, Rust maintainers will have free access to high-powered, cloud computers that will dramatically reduce the time spent building and testing language changes and updates.

Concordium in Africa

Concordium is opening an official community in Africa! Join us! Twitter: https://twitter.com/ConcordiumAfrica Discord: https://discord.gg/ERrFts8 Medium Blog: https://medium.com/@concordiumafrica Telegram Group: https://t.me/concordiumAfrica

Insights 💡

Yahoo Finance: Concordium airdrops $2.5 million worth of tokens towards decentralization of $CCD

Yahoo Finance: Concordium will launch a DeFi Lab focused on creating Regulated Decentralized Financial Products

Bloomberg: Play Magnus Group to Bring Chess NFTs to Market on Concordium — Bloomberg

Crypto News: https://cryptonews.com/exclusives/watch-concordiums-chairman-on-digital-identity-growth-plans-crypto-trends-and-more.htm

Cointelligence: RegDeFi and if there is any future for DeFi without regulation

The Block: Michael Jackson, Concordium: Bringing blockchain to traditional finance

New Economy Japan: https://www.neweconomy.jp/posts/172997

News Bitcoin: https://news.bitcoin.com/spacesevens-game-changing-nft-marketplace/

Finanzen: Concordium will launch a DeFi Lab focused on creating Regulated Decentralized Financial Products | Nachricht | finanzen.net

Finans Watch: Lars Seier lancerer handelsplatform for kryptokunst

Finans: Lars Seier i ny blockchain-satsning: Vil sælge kunst med digital garanti for ægthed

Børsen: Lars Seier går i luften med digital kunstbørs: “Jeg tror, mange kunstnere vil finde formatet interessant”

Events 📅

Science

Concordium Blockchain Research Center Aarhus will join the following events:

• HACS, 13–14 January 2022, in Amsterdam To discuss formal methods and other high assurance verification techniques to software.

• CoqPL, 22 January 2022 in Philadelphia US (- the CoqPL is part of POPL 2022) The CoqPL workshop series is an opportunity for programming languages researchers to meet and interact with one another and with members from the core Coq development team.

The NFT. Conference, Ukraine

The Concordium Foundation Chairman, Lars Seier Christensen, took the stage at the NFT.Conference, in Ukraine, to present Blockchain’s place in a regulated world. Watch his presentation below:

Blockchance, Germany

Concordium travelled to Hamburg to participate at Blockchance. Thanks to all of you who visited our booth in Blockchance! It was created to meet our community in Germany. If you couldn’t be there, don’t worry you can watch, Lars Seier presentation here:

European Blockchain Convention, Virtual

Our CEO, Lone Fønss Schroder, did the opening keynote at the European Blockchain Convention to present Concordium’s Reg DeFi Labs.

Lone had also the opportunity to join a panel with other experts to discuss how institutional investors can get access to DeFi and regDeFi.

BlockDown, DeData, Virtual

Concordium’s CMO, Beni Issembert, took the stage at BlockDown DeData to discuss regulation, and ethics at the eve of the Metaverse birth!