Etherisc is a platform for insurance products development. By leveraging the Blockchain technology, it aims to create a community where is possible for the users to collectively develop insurance products. The Etherisc main objective is to disintermediate the insurance market with a P2P platform, in order to become more efficient and reduce operational costs.

The DIP token is an Ethereum-based (ERC20) cryptocurrency developed by the Etherisc. It is the network native internal currency and necessary to receive the transaction fees (% of insurance premiums or fixed cost). Furthermore, the DIP token can be used to reward platform users to build and maintain risk transfer products.

Team:

• Christoph Mussenbrock: Co-founder, Protocol & Architecture.  
• Stephan Karpischek: Co-founder, Ecosystem & Community.  
• Renat Khasanshyn: Co-Founder, Insurance Products & Revenue.  
• Marie-Luise Meinhold: Insurance specialist. 

Etherisc ICO began on T.B.A. The ICO token supply represents 30% of the total token supply, so there is a total of 300,000,000 DIP tokens available, for 0.0911 USD each. The ICO funding cap is 30000000 USD and is expected to end on June 25, 2018 or when the funding cap is reached.

Token Reserve Split (70%):

• 40% Decentralized Insurance Foundation;
• 15% Etherisc Team & Early Supporters;
• 10% Etherisc Founders.