Whilst blockchain developers rightly champion the technology’s potential to revolutionize and securitize the way we conduct our financial transactions, it hasn’t always been plain sailing for the early adopters of DLT. In fact, between 2018 and 2022, the #1 complaint from consumers across all areas of finance was ‘scams and fraud’ in crypto, and in 2022 alone scammers received over $5bn from cryptocurrency consumers. That's when we decided to take matters into our own hands and create Phoenix Cover.
Our mission was clear: to provide insurance coverage for on-chain transactions, protecting users against theft by malicious smart contracts, also known as ‘wallet drainer’ scams. With over a decade of combined expertise in both DeFi and traditional insurance risk modeling, we have built the space’s first insurance product against idiosyncratic consumer risk on-chain.
With Phoenix Cover, users no longer have to worry about the risks of on-chain transactions. They can trade and interact on the blockchain with peace of mind, safe in the knowledge they are protected by an industry-leading insurance provider.
But Phoenix Cover's impact goes beyond just providing insurance. We also offer a unique opportunity for those who want to participate in the growth of the blockchain ecosystem. By providing risk capital to Phoenix Cover, users can generate passive income via yield on their investment, and help fund the development of new insurance products and services. With Phoenix Cover, everyone has a role to play in building a better on-chain future for all.
AlphaGrowth offers the latest in crypto analytics and user data for the Phoenix cryptocurrency. Updated every 24 hours, our live Phoenix TVL and user graph provide the most accurate data available. Our social media metrics are also second to none, so you can track the success of the Phoenix project and how many users are engaging.
If you are looking for the latest Phoenix charts and metrics check below. We have charts covering a range of stats such as Phoenix TVL, Phoenix Price, Phoenix Social Media followers and more.
A great way to understand Phoenix is to compare similar crypto projects to Phoenix by Categories, Chains, TVL, followers and more. We compare Phoenix and update data every 24 hours to give you the latest Alpha and similar projects.
Phoenix token is supported by following blockchains:
Phoenix is Whilst blockchain developers rightly champion the technology’s potential to revolutionize and securitize the way we conduct our financial transactions, it hasn’t always been plain sailing for the early adopters of DLT. In fact, between 2018 and 2022, the #1 complaint from consumers across all areas of finance was ‘scams and fraud’ in crypto, and in 2022 alone scammers received over $5bn from cryptocurrency consumers. That's when we decided to take matters into our own hands and create Phoenix Cover. Our mission was clear: to provide insurance coverage for on-chain transactions, protecting users against theft by malicious smart contracts, also known as ‘wallet drainer’ scams. With over a decade of combined expertise in both DeFi and traditional insurance risk modeling, we have built the space’s first insurance product against idiosyncratic consumer risk on-chain. With Phoenix Cover, users no longer have to worry about the risks of on-chain transactions. They can trade and interact on the blockchain with peace of mind, safe in the knowledge they are protected by an industry-leading insurance provider. But Phoenix Cover's impact goes beyond just providing insurance. We also offer a unique opportunity for those who want to participate in the growth of the blockchain ecosystem. By providing risk capital to Phoenix Cover, users can generate passive income via yield on their investment, and help fund the development of new insurance products and services. With Phoenix Cover, everyone has a role to play in building a better on-chain future for all.. Phoenix's native token is Phoenix. Phoenix token is supported by following blockchains: .