Nayms
Nayms — blockchain-based digital insurance marketplace that connects insurance policy providers with capital in the cryptocurrency market.
Nayms is changing the insurance industry by integrating blockchain technology and smart contracts to increase liquidity, transparency and accessibility of insurance products.
The problems of the traditional insurance market that Nayms can solve are:
- Low liquidity;
- Lack of access to capital;
- Weak automation;
- High barriers to entry into the insurance business;
- Largely manual process.
Tokenized pools, allow investors to buy and sell their stake in insurance risk, and Nayms provides the payment infrastructure for premiums, commissions and investments. All managed by the business logic of their smart contracts.
The change that Nayms will bring:
- Insurance becomes an asset class;
- Liquidity through tokenization;
- Digital infrastructure for value transfer;
- Transparent and auditable pools of insurance risk shares;
- Dedicated feeder funds.
The platform also allows investing in insurance as an asset class and managing one's own cryptocurrency balance in a fully regulated legal environment.
In this way, Nayms have developed a new digital insurance market format that provides the necessary regulatory, legal and technical infrastructure to allow insurance companies to create their own pools of capital or "syndicates" on the blockchain.
By tokenizing these "syndicates," Nayms brings liquidity to insurance as an asset class, opening access to over $1 trillion in alternative digital assets. This infrastructure allows specialized funds to generate higher returns by providing liquidity, signifying the advent of a new, more modern approach to insurance finance.
The platform is already up and running, with three new insurance pools scheduled to launch next month to meet the $1.6B capital demand from leading global insurance brokers such as Aon, Guy Carpenter and Howden Tiger, with whom Nayms has signed a $400M MoU.
Yields have grown 225% in the last two months, increasing from $85,500 to $193,000 as Nayms begins to scale.
Seed ($1.5M) — Coinbase Ventures, Maven 11 Capital, XBTO Group (Lead), Insurtech Gateway Fund, Synthetix.
Undisclosed ($6M) — Coinbase Ventures, The Spartan Group, LD Capital, Maven 11 Capital, DFG, Woodstock Fund, Cadenza Ventures, XBTO Group.
Private Token Sale ($12M) — UDHC (Lead), Keyrock, New Form Capital, tokentus investment AG.
Bright representatives in the list of investors:
Coinbase Ventures — the investment arm of centralized crypto exchange Coinbase, is among the most active venture capitalists in the cryptocurrency space.
Successful Coinbase Ventures cases:
DAO Maker — well-known fundraising platform in the crypto community for investing in new cryptocurrency projects. Provider of solutions for the growth and launch of blockchain projects, also engaged in incubation of startups.
Successful cases of DAO Maker:
The Spartan Group — founded in 2017, is one of the leading Web3 investment firms and an active investor in the cryptocurrency venture capital market. The fund is affiliated with the banking consortium Goldman Sachs.
The Spartan Group's successful cases:
- Our Round: Public Sale
- Round valuation: $50M
- Token Price: $0.05
- Terms: 25% at TGE, 12m linear vesting. No cliffs, as in previous rounds, and at once 25% split, which is a great advantage for KOL investors, because there will be no one to set the price of the token on the listing.
Total number of employees is 11-50 employees. LinkedIn link.
Dan Roberts (CEO, Co-Founder) — multi-award winning serial entrepreneur who has launched startups in a variety of industries including FMCG, digital outdoor media, smart cities and healthcare. He has a BA in Economics from the University of Bristol, where he was Treasurer of Bristol Social Enterprise.
Prior to working on Nayms, Daniel was Head of Operations at two blockchain startups in the areas of identity and geospatial analytics, and advised Insurtech Gateway on connecting insurance and blockchain as part of the Jellyfish project.
Theodore Georgas (CTO, Co-Founder) — seasoned software engineer and software product manager with two decades of experience in the technology industry, including working with clients such as Deutsche Bank, Merrill Lynch, and Lehman Brothers. His journey in cryptography began at university and Nayms provides him with the opportunity to apply his knowledge.
David Verbeeten (CCO) — was previously Head of Insurance and Senior Cryptocurrency and Data Scientist at ConsenSys, a global blockchain company and software development studio.
David worked as an insurance underwriter at Munich Reinsurance and is a member of the Institute of Insurance Professionals of Canada. He holds a PhD in Social Sciences from the University of Cambridge.
Matthew Wixon (General Counsel) — brings a decade of experience in the London insurance market to the team. He was in-house counsel at Assicurazioni Generali S.p.A., a global insurance and reinsurance company, where he advised on a wide range of commercial insurance matters. Prior to joining Generali, Matt practiced at law firm DAC Beachcroft LLP, during which time he worked with insurance sector clients including AIG, Aon and Zurich.
— Launchpads: Ape Terminal and Polkastarter.
— Exchanges: Mexc, Gate, KuCoin and OKX in talks.
If you intend to invest in the project, write to Telegram account: @Beeble, indicating the desired amount.
— Website
— Telegram
— GitHub
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