Dapp that has a liquidity pool backed by people which can stake in each month for possible insurance claims for all types of things such as personal objects, valuable items, and needs for money in extreme circumstances.
Users can stake different types of money as collateral for different types of levels in insurance:
- Level 1: for small things like repairing a laptop and needs it urgently.
- level 2: broken car part and needs it urgently.
- level 3 (highest level): extreme problems; house broken into, house burned down, etc.
Based on your tier you may have limited claims per month, to make people think about their claims. As you climb the tiers you have whatever the level below you offer.
When filing a claim, your request gets sent to a forum where members can vote to give you the money at that moment and as you go up the tier levels, your request gets put up higher for priority.
You may want to provide documentation and more things to support your claim but it's not entirely needed. ( Level 2 and up may have a guaranteed small protection claim when filed not to the forum but to a separate urgent claim button to be reviewed by high-level people (Mods or assigned high tier people by the website owner))
The money that’s approved will have a timer until it gets streamed to the person. All the people that contributed to the voting of that request get some type of reward or recognition in the community which may increase their chances of getting approved in their claims without much documentation.
This project would use: IFPS to store data of people to authenticate they are not a bot, Pocket Network for RPC endpoints to provide an easy and stable way to send and receive data, and superfluid as the main technology which would allow for the stable and transparent streaming of money to the people that submitted a claim and got it approved.