CoverCompared Collaborates with Represent DAO
CoverCompared has announced partnership with Represent DAO
This collaboration will benefit the users of both parties. Cover Compared employing a more democratic approach and hoping to meet their community’s requirements faster and with more accuracy. More on, Cover Compared will have access to Represent’s DAO system where their, users can anonymously vote for governance-related decisions CoverCompared considers.
Represent’s we will be able to utilize following services:
• Geographical land-based voting: A unique petition/voting protocol formulated by smart contracts allowing for fast, secure, and anonymous Majority Voice Protection (MVP) and immutable data tabulation for each and every vote/election.
• Organizational Voting: Enabling the creation of a unique voting token across our platform to get our community responses immediately to increase efficiency.
• Crypto Voting: One to One DAO Voting for an egalitarian and decentralized community-led governance.
Within this collaboration, users will be given voting rights for CoverCompared’s future plans. Since the votes will be registered anonymously, the identity of the user will be protected as per the standards of the DeFi world.
About CoverCompared
CoverCompared is the first DeFi insurance marketplace for the global crypto ecosystem. CoverCompared aims to lower transactional and administrative costs of insurance policies and coverage while providing high-value, cost-effective insurance products bought using a host of cryptocurrencies.
About Represent DAO
Represent is a Governance Protocol allowing for instant, secure, efficient, and transparent voting for organizations, corporations, unions, cryptocurrency, or geographical areas. Any participant or member of entities listed above can utilize the decentralized governance platform to immediately increase societal sovereignty.
➡️Source:
https://covercompared.medium.com/covercompared-collaborates-with-represent-dao-6838186fc2e6
