Skip to content
New issue

Have a question about this project? Sign up for a free GitHub account to open an issue and contact its maintainers and the community.

Sign up for GitHub

By clicking “Sign up for GitHub”, you agree to our terms of service and privacy statement. We’ll occasionally send you account related emails.

Already on GitHub? Sign in to your account

Jump to bottom

Fixup Devcon edition / streamline #177

Merged
merged 1 commit into from
Nov 13, 2024
Merged

Fixup Devcon edition / streamline #177

Changes from all commits
Commits
Show all changes
1 commit
Select commit
File filter

Filter by extension

Filter by extension
Conversations
Failed to load comments.
Loading
Jump to
Jump to file
Failed to load files.
Loading
Diff view
Diff view
8 changes: 4 additions & 4 deletions DIPs/DIP-63.md
View file
Open in desktop
Original file line number Diff line number Diff line change
Expand Up @@ -17,7 +17,7 @@ A lot of people will travel to Devcon SEA. This will impose a number of risks to
flight Delays, baggage loss, theft, and others. We will build a decentralized travel insurance for Devcon SEA participants.

## Abstract
We will offer a FlightDelay Insurance for DevconVI attendees.
We will offer a FlightDelay Insurance for Devcon SEA attendees.

People can select their flight(s) and pay USDC 15 as a premium.
Via an oracle, the risk of the flight being late is calculated, which determines the maximum amount paid out in case of a delay.
Expand All @@ -39,11 +39,11 @@ those premiums which are not used to pay out claims. To become a liquidity provi
stake [DIP (Decentralized Insurance Protocol) tokens](https://etherscan.io/token/0xc719d010b63e5bbf2c0551872cd5316ed26acd83).

## Motivation & Rationale
Attendees get peace of mind when traveling to DevConVI. This will increase their well-being
Attendees get peace of mind when traveling to Devcon SEA. This will increase their well-being
and will also attract people who otherwise would abstain from participation.
DevCon7 attendees will most likely be willing to use blockchain based insurance because it fits
Devcon SEA attendees will most likely be willing to use blockchain based insurance because it fits
best in their DeFi engagement. Payouts can be immediate and no paperwork is needed.
FlightDelay Insurance has been offered at DevConII in Shanghai and got a lot of good feedback,
FlightDelay Insurance has been offered at Devcon SEA in Shanghai and got a lot of good feedback,
it was the first insurance Dapp on Ethereum - time to bring it back!

## Implementation
Expand Down