Bridge Mutual ($BMI) partners up with BSCstarter ($START) to lessen the risks for BSCstarter users. By integrating Bridge Mutual’s risk coverage application, BSCstarter launchpad will be able to cover IDO investors from permanent loss of funds due to hacks, rug pulls, or exploits.
The DeFi space is growing rapidly, and we need the topmost advanced tools to protect our activities. Although risks in the crypto space are inevitable, Bridge Mutual is offering protection to the community by applying a safeguarding system that will secure the activities happening within the scope.
“It is an unfortunate reality that the world of crypto is still open to hacks and exploits, although knowledge and security are improving every day, no technology is impenetrable.
That is why forward-thinking & innovative organizations such as Bridge Mutual are a welcome addition, with their risk coverage options they bring an element of certainty and security to investors throughout the market and, thanks to our partnership, these options will be directly available for $STARTers too”.
— Lionel Iruk, Legal Advisor of BSCstarter
BSCstarter is a decentralized fundraising system for Binance Smart Chain. There are several benefits that BSCstarter holders can receive, such as: IDO Participation, Voting power, and Discounts. All IDOs who have successfully completed a raise, and every $START staking IDO buyer, will have the ability to take out risk coverage for losses incurred due to hacks, rug pulls, or exploits by simply interacting with our Bridge Mutual widget programmed into the BSCstarter website.
“Partnering with BSCstarter and other launch pads allows bridge mutual to provide coverage to crypto users right at the source of their investment into new projects. It’s an extremely synergistic partnership.”
— Mike Miglio, CEO of Bridge Mutual
The Bridge Mutual team would like to thank each and every one of our supporters for consistently engaging with our updates. Please stay tuned to our Twitter and Youtube channel to gain the most direct and accurate information.
BSCstarter is a community-focused launchpad. Instead of the saturation of government red tape and KYC rules, the BSCstarter community gets to determine which projects to list.
About Bridge Mutual
Bridge Mutual is a decentralized, p2p/p2b discretionary risk coverage platform that provides coverage for stablecoins, centralized exchanges, and smart contracts. Its platform allows users to provide coverage, decide on policy payouts, as well as share profit and get compensated for adjudicating claims.