
OpenCover
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Overview
2 - 9
Employees
2022
Year Founded
ABOUT OPENCOVER
Affordable cover for blockchain risk
OpenCover simplifies and lowers the cost of safeguarding your portfolio from on-chain risks. Obtain coverage against smart contract hacks, oracle failures, and additional threats from approved underwriters on Base, Optimism, and other prominent blockchain networks.
LANGUAGES SPOKEN
English
HIGHLIGHTS
2 - 9
Employees
2022
Year Founded
Services
Focus
Industries
Clients
Services Provided
100% Insurance Services
About the Team
OUR STORY
At OpenCover, our mission centers on safeguarding users within the blockchain ecosystem by addressing onchain risks such as smart contract vulnerabilities, scams, and governance attacks. Collaborating with top underwriters, we provide portfolio coverage and institutional services, establishing ourselves as leaders in onchain insurance and data. Recognizing that users hold responsibility for their assets, we acknowledge the ongoing challenge of mitigating onchain risks, which result in significant annual losses due to malicious activities and technical issues. Since 2017, our leadership team has been at the forefront of blockchain innovation, contributing to real-time data exchanges on Ethereum and developing regulated Distributed Ledger Technology infrastructures for securities trading. We strive to make onchain safety accessible to all, fostering mainstream adoption and enhanced security.