Bright Union Roadmap 2021

Bright Union Roadmap

Summary

We have ambitious plans for the rest of this year. Below are the four key milestones for 2021 in our mission to help protect the crypto community against the dark forces in crypto (hacks, smart contract failure and rug pulls).

1. Mainnet launch — early September

2. Cover staking— September/October

3. Bright Risk Index — October/November

4. Bright Union Protocol Aggregator —October/November

👉 Join the Telegram announcement channel for updates #JointheUnion

What is DeFi Coverage?

The world of DeFi is full of liabilities. Hacks and smart contract failures cost the crypto community 78 million dollars per week.That’s why the need for DeFi covers will grow exponentially. DeFi covers are new, complex and innovative products.

Roadmap explained

On the roadmap we have set forth our short term products and features. We believe that these are key milestones in reaching our mission: contributing to financial equality by protecting the crypto community from the dark forces in crypto (hacks, smart contract failure, rug pulls).

1. Mainnet launch — Mid September

We are thrilled to announce that, roughly one month after our IDO, we will launch our Mainnet coverage function early September. Mainnet will allow users to easily find and buy the best DeFi cover for their needs and to manage their DeFi cover portfolio. We will launch with three fully-integrated platform partners, Nexus Mutual, Bridge Mutual and InsurAce.

Mainnet Cover Function

2. Cover staking — September/October

The cover staking functionality is the next milestone. Users will be able to both, find the best cover staking opportunities from multiple platforms, and manage their portfolio from a single interface. Currently finding these opportunities is cumbersome and time-consuming in this fragmented market. But with Bright Union’s cover staking function, getting maximum returns at minimum risk has never been easier.

Cover staking functionality

3. Bright Risk Index — October/November

The Bright Risk Index proof of concept has already won the Nexus Mutual award with the ETH Global Hackmoney 2021 Hackathon. The imagination and skill of our developers is being continuously tested with this innovative product as they fine-tune it before October.

Bright Risk Index — overview of weighted risks

4. Bright Union Embedded Coverage — October/November

At Bright Union we have a relentless customer focus. We believe that for DeFi cover adoption, we need to build products that appeal to the entire crypto community and can be acquired effortlessly. Just like real life insurance, you buy it in an instant and you almost forget it’s there until you need it.

Bright Union Protocol Aggregator (on chain)

About Bright Union

Bright Union is launching the world’s leading aggregator and accelerator for the crypto risk markets. Our mission is to make the crypto risk markets work. On our decentralized crypto coverage platform, crypto users can cover their assets, stake and cover the community, and earn guaranteed yield through Bright Staking with embedded coverage.

Join the Union

More updates are coming soon! Receive announcements by joining the community.

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Bright Union

Bright Union

DeFi Insurance marketplace that allows DeFi users to to buy and provide coverage against hacks and protocol failures.