Price
$0.0114
11/30/2022, 9:39:47 PM
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Buy Etherisc DIP Token with Coinbase Wallet

Etherisc DIP Token can be traded using Coinbase Wallet, your key to the world of crypto.

Market

Market stats

Market cap

$2.7M

Volume (24h)

$48,765.73

Circulating supply

239.7M DIP

All time high

$9,726.56

Price change (1h)

+0.41%

Price change (24h)

+5%

Price change (7d)

+24.27%

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Etherisc DIP Token is on the rise this week.

The price of Etherisc DIP Token has risen by 24.27% in the past 7 days. The price increased by 5.00% in the last 24 hours. In just the past hour, the price grew by 0.41%. The current price is $0.0114 per DIP. Etherisc DIP Token is 100.00% below the all time high of $9,726.56.

The current circulating supply is 239,742,107.601 DIP.

About

What Is Etherisc (DIP)?

Etherisc is a blockchain-based cryptocurrency platform that builds decentralized or public insurance applications. The platform aims to bring transparency into the industry, lower operational costs, and democratize access to re-insurance while making the insurance transaction process more efficient with the help of blockchain technology. 

Per its whitepaper, Etherisc provides a platform for developing new insurance products by serving as a virtual accelerator to create and test new insurance products. The Etherisc eco-system stimulates insurance products that grow out of the blockchain economy. The platform also facilitates various insurance applications, from commercial coverage to non-profit solutions such as mutual, peer-to-peer insurance, and cooperative models. 

The Etherisc insurance network is decentralized and does not rely on the authority of big parties, which control most of the business, as is the case for traditional insurance companies. The platform enables numerous participants to collaborate on insurance products. In Etherisc's decentralized insurance platform, each member has their DIP token. The DIP token is used for platform transactions. To ensure the quality of services, service providers also need to stake DIP tokens. In the event of non-performance, the tokens are forfeited. 

These proposed protocol tokens are the central integral part of the decentralized insurance businesses. The DIP token facilitates the economy in this network: participants in the decentralized insurance network build insurance products.

According to its website, DIP token holders can benefit from:

  • Collateralizing tokens by staking them.

  • Transacting with insurance products.

  • Participating in the development of decentralized insurance products.

  • Transacting the fees and capitalization needed to obtain insurance licenses.

  • Encouraging quality and good behavior.

  • Distributing profits and revenues among participants.

  • Rewarding participants and customers who provide data.

  • Using prediction markets and oracles to resolve claims.  

History of Etherisc (DIP)

Christoph Mussenbrock, Stephan Karpischek, and Renat Khasanshyn are the co-founders of the Etherisc project. The Etherisc's team members are award-winning experts experienced in delivering innovative products.

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FAQ

What is the current price of Etherisc DIP Token?

The price of 1 Etherisc DIP Token currently costs $0.0114.

What is the market cap of Etherisc DIP Token?

The current market cap of Etherisc DIP Token is $2.74M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Etherisc DIP Token?

The all-time high of Etherisc DIP Token is $9,726.56. This all-time high is highest price paid for Etherisc DIP Token since it was launched.

What is the 24 hour trading volume of Etherisc DIP Token?

Over the last 24 hours, the trading volume of Etherisc DIP Token is $48.77K.

What other assets are similar to Etherisc DIP Token?

Assets that have a similar market cap to Etherisc DIP Token include TenX, BiFi, LABEL Foundation, and many others. To see a full list, see our comparable market cap assets.

How many Etherisc DIP Token are there?

The current circulating supply of Etherisc DIP Token is 240 million.