FairSide
Curated by SignalDecentralized insurance platform offering personal wallet theft protection.
Overview
FairSide operates in the decentralized insurance sector, focusing on personal wallet theft protection for individuals who wish to maintain self-custody of their digital assets. The platform addresses concerns related to personal wallet theft by offering coverage against various types of losses, including those caused by remote access trojans and man-in-the-middle attacks. FairSide targets users who prioritize security in the Web3 environment and generates revenue through membership fees paid in ETH, with coverage lasting for one calendar year. The company introduces the concept of non-permanent loss and provides a staking mechanism aimed at enhancing capital efficiency while minimizing stakeholder risk. FairSide also engages in strategic partnerships to support its operations.
Key facts
- Founded
- 2021
- Headquarters
- Detroit, United States
- Stage
- Sign up to view
- Industry
- Financial Technology
- Sector
- Decentralized Finance
Business model
- 5 products and services
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Contact
- Primary office
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