What is INZURA and why it is important to have INZURA ?
Crypto market have gone through lots and lots of hacks and scam over the past years. There are few hacks that have shook the crypto market down to its very core. Even the top most exchange that handled 70% of the world’s bitcoin exchanges have faced most unexpected hack. Yet the hack did not stop there, about 120,000 BTC which was worth $72 million was stolen in August 2016. The hack continued all over the world from small volume exchanges to huge volume exchanges. South Korea have faced $30 million worth of hack in cryptocurrency in 2018. Exchange in India was hacked and over 440 BTC was hacked back in early 2018.
Till date many scams and hacks are ongoing. One of the biggest scam ever is BitConnect where the exact data of users and crypto invested is still unknown. Reports say over 100s of million worth Bitcoin were scammed. All in all over billions of dollars worth of cryptocurrencies were hacked, stolen, and scammed in this crypto space.
Regulations tightens up to reduce the scam and there are few restrictions to control the scam and hack, but there is not even single solution for the loss that has happened. Moreover, people lose faith and trust in the crypto space because of no guarantee that the loss of crypto can be settled. An average user using the crypto trading will not come back when they face this kind of situation.
To give solutions to all these problems, INZURA is developed and tested with the best in class protocol for insurance specially designed with cryptocurrency in mind. Inzura is the next revolutionary project in the crypto space. Inzura is an insurance token that allows users to claim their loss of cryptocurrency.
More updates to hit the market in near future. Stay tuned…
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