UnoRe is a unique ecosystem that consists of the UnoRe machine, the UnoRe platform, and the UnoRe token, which are made up of the UnoHash, UnoGo, and UnoCoin tokens, respectively. The UnoRe ecosystem allows investors to get the best returns on investment (ROIs) and empowers them to earn more Bitcoin, perhaps even passively. It’s a whole new way to earn Bitcoin, which is why we are calling it the UnoRE Ecosystem.
UnoRe Ecosystem is a distributed ecosystem network based on the blockchain technology. This is a non-profit platform that is designed to help people to manage their assets, to provide all levels of investors with unique investment experience in the field of cryptocurrency and to build a bridge between the real world and virtual worlds.
PRESS RELEASE. UnoRe, the first decentralized reinsurance platform, now allows private users to invest in risk. This opportunity is part of the project’s vision to revolutionize the reinsurance industry, which has traditionally been closed and has not seen significant innovation for hundreds of years.
UnoRe wants to take action to reduce the extreme wealth gap in the world – the typical millennial today has 41% less wealth than an adult of the same age in 1989. In contrast, the richest 1% of the world now owns more than twice as much wealth as the 6.9 billion people combined. That’s over 90% of everyone!
The inaccessibility of wealth-creating instruments such as reinsurance contributes to this huge inequality – reinsurance as a sector has always been exclusive to the wealthiest segments of society and inaccessible to ordinary investors. Those with a lot of capital have taken advantage of this robust asset class to inflate their already inflated wealth.
In today’s world of overvalued assets and stocks, reinsurance portfolios are one of the few areas that still follow the principles of value investing. Developed by billionaire Warren Buffett, this approach involves investing in commodities that appear undervalued, using fundamental analysis of performance rather than speculation.
Yet the profit potential of the sector remains largely untapped due to high capital and regulatory requirements.
UnoRe wants to get rid of these absurd investment assumptions and make the reinsurance industry accessible to all users on the investment platform UnoRe . As the first reinsurance platform of its kind, UnoRe will revolutionize the reinsurance industry by providing access to an already robust system.
How the platform works
On the UnoRe investment platform, the total risk capital required for a given insurance product is distributed across three risk pools based on risk and return: R1, R2 and R3 – these pools then become available on UnoRe’s verticals for investors to place their capital. The riskiest/least profitable group, R1, has a much higher annual rate of return than the safest/least profitable group, R3; however, the probability of being invested in this group is less than 5%. This means that even if you invest in the riskiest pool, the actual risk to the investor is negligible.
Originally built on Ethereum (and soon on PolkaDot!), the reinsurance platform will become what stock market apps were to the offline stock market of the 199 UnoRe plans to turn risk into a commodity in which retail investors can invest and earn significant returns.
My experience in this sector has taught me that reinsurance as an investment is an extremely untapped sector – UnoRe was born from the vision of giving private investors access to this impenetrable market and realizing its full monetary potential. – Jaskanwar Singh, Managing Director of UnoRe
UnoRe will be launched on the 28th. April has received an OID, allowing the crypto-currency community to benefit from the first decentralized reinsurance platform in the crypto-ecosystem!
You can read more about the whitelist here.
This is a press release. Readers should exercise their own due diligence before taking any action with respect to the advertised company or any of its affiliates or services. Bitcoin.com shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services mentioned in the press release.
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