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Umbrella Coin (UMC)

Insurance
Website
TwitterDiscordMore socials
Status
ICO

A decentralized platform on the Ethereum blockchain to provide insurance benefits for hidden costs of insurance (deductibles, co-insurance, co-pays etc.). The policy/claim system will be completely democratized.

Umbrella Coin White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
UMC
Ecosystems

What is Umbrella Coin

Community involvement provides low fee alternative to traditional insurance while filling existing gaps in coverage.

Umbrella Coin Roadmap

1
June-July 2017

Whitepaper written and website launched

2
Aug-Oct 2017

Client and smart contract development for benefits; float infrastructure implementation

3
October 2017

Client launch

4
Sept-Dec 2017

Claim benefit creation; claim review from community

5
Nov-Dec 2017

Start partnering with existing benefits companies to offer UMC through their network

6
February 2018

Client feature complete

7
May 2018

Automatic claim review; coin holder policy improvements

8
2018

Further partner expansion; algorithmic review

Token Sale Dates

ICO

Start date: Aug 19, 2017
End date: Sep 19, 2017

Token distribution


There are 100 million tokens. 68.8 million will be available for purchase. 1.2 million will go towards the bounty campaign. 20 million will be allocated for the initial pool to pay out claims. The remaining 10 million will be distributed internally: 6 million to the developers, 3 million to marketing, 1 million to our insurance advisors.

Token Price and Payment Options

Accepted Currencies ETH

Project team

Terry Tata
Terry Tata
President and CEO
Roshan Parikh
Roshan Parikh
Lead Blockchain Developer
David Lackey
David Lackey
Software Architect
Elizabeth Sternhell
Elizabeth Sternhell
Senior Software Engineer
Forrest Whitehouse
Forrest Whitehouse
Chief Software Engineer
Christopher Fong
Christopher Fong
Backend Software Engineer
David Arnold
David Arnold
Marketing and Sales
Alexander Vargas
Alexander Vargas
Chief of Marketing and Sales
Nick Guerrera
Nick Guerrera
Operations Manager

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