🛡️ Crypto world is a Fantasy Middle Earth with Magical Scammers lurking around. And Promising projects can turn into a money slasher overnight (HNT? LUNA? what about Solana that just got back to life). That's where DegenInsure comes in, screaming "You shall not pass!" against the perils of the cryptoverse. ️

Pros: 🌟 It's some of few rug insurance that could potentially save investors a lot of grief. 1️⃣They've got your back against hard rug pulls and abandoned projects. 2️⃣ Getting insured is like joining a club. Hold some $DGNS tokens, trade a bit, and boom, you're eligible for coverage. The more you hold, the better the protection. 3️⃣ If you only read what is Not insured, you may probably not be scammed, so it's an educational win imo. Cons: 1️⃣ They're picky about what they cover. It's implicit that they may not pay. The criteria leave a lot of room for subjectivity, "weird pre-launch movement" and it's prone to human error due to conflicts of interest. 2️⃣ The process can take a while, and even though they gave a week, when many people get scammed, they may not have enough... imagine if it happened with LUNA? they'll say 'it was obvious'? because everyone said that AFTER the collapse.

The bottom line

DegenInsure has promise, but it's still early days. They need more users buying policies to get a fat treasury so they can insure people and may have a great reputation afterwards! Proceed with cautious optimism,remember...nobody actually likes insurance companies! Show Less