• Country Switzerland, Germany, Swaziland
  • CategoryLegal/ Insurance

Free, open-source, open-access platform for decentralized insurance.

Project stage


Detailed description

Etherisc is building a platform for decentralized insurance applications. With visionaries like you, we can create a platform full of opportunities across the industry’s value chain. Corporates, large and small, not-for-profit groups and insurtech startups can all come together to provide better products and services. 

Team aims

  • Coordination (“managerial”) costs 
  • Conflict of interest between customers and company
  • Information asymmetry between customers and company

to use blockchain technology to help make the purchase and sale of insurance more efficient, enable lower operational costs, provide greater transparency into the industry and democratize access to reinsurance.

The mission of Etherisc is to build an open protocol for decentralized insurance applications, making it more efficient, enabling lower operational costs, providing greater transparency into the industry compared to traditional operations, and democratize access to reinsurance investments. 

Three demos have already been developed for three different insurance fields: Flight Delay DAPP, Social Insurance and Crop Insurance. And, especially interesting for the crypto space, Etherisc is also working on a multi-signature crypto wallet that can be insured.


  • Coordination (“managerial”) costs 
  • Conflict of interest between customers and company
  • Information asymmetry between customers and company


Blockchain can help reduce coordination costs, can solve the conflict of interest, by enabling truly independent experts. In a blockchain environment, all fundamental data and the decisions based on the data can be transparent and objectively validated.


  • Build decentralized insurance applications
  • Increase transparency and fairness of insurance
  • Enable lower operational costs
  • Make the purchase and sale of insurance more efficient
Show details

Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : DIP
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 30,000,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :1,000,000,000 DIP
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :300,000,000 DIP
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Soon(Start TBA)
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :No
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date


    Unsold tokens

      • Token Distribution

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Public sale — Ended
    25 Jun 15:00 UTC
    23 Jul 15:00 UTC
    0.1 USD No - Uncapped 30,000,000 USD
    • Team

      • Christoph Mussenbrock photo
        Christoph Mussenbrock
        Co-founder, Protocol & Architecture
      • Stephan Karpischek photo
        Stephan Karpischek
        Co-founder, Ecosystem & Community
      • Renat Khasanshyn photo
        Renat Khasanshyn
        Co-Founder, Insurance Products & Revenue
      • Marie-Luise Meinhold photo
        Marie-Luise Meinhold
        Insurance specialist
      • Julia Lange photo
        Julia Lange
        Press relations, Management assistant
      • Felizitas Mussenbrock-Strauß photo
        Felizitas Mussenbrock-Strauß
        CFO & Human Resources
      • Elena Travkina photo
        Elena Travkina
        Director of Engineering
      • Kostya Andryanau photo
        Kostya Andryanau
        Lead Blockchain Engineer for Smart Contracts
      • Eugene Melnikov photo
        Eugene Melnikov
        Blockchain Engineer for Smart Contracts
      • Tatyana Kurinskaya photo
        Tatyana Kurinskaya
        Engineer in Test
      • Alexey Lekontsev photo
        Alexey Lekontsev
        Security Infrastructure Engineer
      • Andrei Kurochkin photo
        Andrei Kurochkin
        UI/UX Designer of Insurance Products
      • Natalia Usenia photo
        Natalia Usenia
        Community and Ecosystem Manager
      • Vera Reut photo
        Vera Reut
        Community and Ecosystem Analyst
      • Valentina Pashentseva photo
        Valentina Pashentseva
        Developer Content and Thought Leadership
      • Siarhei Symanovich photo
        Siarhei Symanovich
        DevOps Engineer
      • Michiel Berende photo
        Michiel Berende
        Inclusive Insurance Lead
      • Alpen Sheth photo
        Alpen Sheth
        Head of New Product Design
      • Dmitry Savitsky photo
        Dmitry Savitsky
        Full-Stack Engineer
      • Alexey Kolesnik photo
        Alexey Kolesnik
        Full-Stack Engineer
      • Alex Khizhniak photo
        Alex Khizhniak
        Developer Marketing Manager
      • Alexey Matskevich photo
        Alexey Matskevich
        Full-Stack Engineer
      • Saul Hudson photo
        Saul Hudson
        Blockchain Communications Specialist
    • Advisors

      • Ron Bernstein
      • Ralf Glabischnig
      • Jake Brukhman
      • William Mougayar
      • Tobias Noack
      • Daniel Zakrisson


    • 2018
      • Stake distribution process
      • Registry of products v1
      • Registry of risk pools
      • Foundation-led insurance carrier
      • First rented licenses
      • Hurricane Insurance
      • Crypto-Wallet Insurance
      • Payment channel insurance
    • 2019
      • Decentralization of governance
      • Decentralization of governance (stake-based)
      • Reward mechanism
      • Registry Explorer
      • Integration with Identity Providers
      • Integration with Data Marketplace