Bridge Mutual Integrates Coverage for HYVE’s Decentralized Marketplace
With over 40 partners, Bridge Mutual ($BMI) is continuously growing its professional community of rapidly developing and ambitious comrades. Recently, Bridge Mutual and HYVE Protocol confirmed a collaboration to enhance security measures within HYVE’s platform.
HYVE is a decentralized autonomous task marketplace that solves the current problems in the global freelance and workforce market, leveraging the power of decentralized technologies while adding features that are non-existent on any current platform (centralized & decentralized). The result is a community-governed system that drastically brings down costs for all parties involved, offers wider flexibility, cuts out the middleman, welcomes the unbanked, provides transparency and ensures safety, all in a decentralized manner while rewarding token holders.
“We are very happy to integrate Bridge Mutual into HYVE, as we think that providing the possibility of getting coverage for specific tasks and/or contracts is very much necessary in order to offer a truly safe environment for freelancers to work together without worrying about anything else other than their jobs.”
— Tudor Stomff, CEO of HYVE
Bridge Mutual and HYVE are planning to integrate the Bridge Mutual DeFi Risk Coverage application directly HYVE’s platform. This integration will enable HYVE users to purchase protection for their assets and activities as Bridge Mutual provides a platform that connects users to decentralized coverage against risks, hacks, exploits, and many more. Likewise, the HYVE team is also currently considering offering a coverage pool in DAI for potential claims made on the HYVE platform, which will be in addition to coverage offered by users.
“HYVE’s take on the future of freelancing and contract work is as radical as Bridge Mutual’s vision on the future of insurance. We’re ecstatic to be collaborating with visionaries of this caliber, the fact that there’s so much synergy between our ecosystems is just icing on the cake. Really looking forward to seeing what we can do to provide coverage to the value pools of tomorrow’s work force.”
— Mike Miglio, CEO of Bridge Mutual
As always, you can participate in Bridge Mutual’s growth by getting your token on Uniswap or Bitfinex , and then staking it for rewards within the Bridge Mutual application. For a detailed walk-through of the Bridge Mutual’s innovative system, visit our Youtube channel.
The Bridge Mutual team would also like to thank those who attended the technical AMA featuring Ian Arden, Bridge Mutual’s CTO on Friday May 14. After the successful AMA, Bridge Mutual confirmed to have other announcements through Telegram’s voice chat option. You can be one of the first participants by subscribing to Bridge Mutual’s newest updates here.
About HYVE
HYVE is a DeFi centric autonomous ecosystem that solves the current problems in the global freelance and workforce market, leveraging the power of decentralized technologies while adding features that are non-existent on any current platform (centralized & decentralized). The result is a community-governed system that drastically brings down costs for all parties involved, offers wider flexibility, cuts out the middleman, welcomes the unbanked, provides transparency and ensures safety, all in a decentralized manner while rewarding token holders.
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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.
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