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Nayms

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Nayms is a crypto-native insurance marketplace that bridges legacy insurance with blockchains, enabling investors, brokers, insurers, and insureds to conduct their affairs in cryptocurrency, from capital to premiums to claims.
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What is Nayms?
Nayms is a crypto-native insurance marketplace that bridges alternative capital and uninsured risk in the digital assets space. It provides the technical and legal infrastructure for stakeholders to capitalize and transfer risk on-chain.
How Does Nayms Work?
Nayms utilizes Ethereum smart contracts to create, underwrite, tokenize, trade, and settle insurance and reinsurance policies on-chain. Users can issue policies, manage multiple policies through segregated accounts, and sell participation tokens to fund their portfolios.
What Makes Nayms Unique?
Nayms is the world's first fully regulated crypto-native insurance marketplace, holding both the Digital Asset Business Act license and Innovative General Business Insurance license in Bermuda. It enables the trading of underwriting securities and insurance-linked securities (ILS) contracts, focusing on institutional investors.
Who Are the Founders of Nayms?
Nayms was co-founded by Ted Georgas, who serves as the Chief Technology Officer. He has been instrumental in developing the platform's technical infrastructure and integrating blockchain technology into the insurance sector.

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What Key Events Have There Been for Nayms?
In October 2024, Nayms launched its governance token, NAYM, to capitalize the Nayms Liquidity Facility (NLF). This facility takes positions in insurance pools and collaborates with market makers to provide liquidity and rewards to token holders.
Project Announcements
In January 2024, Nayms successfully launched on Base, an Ethereum Layer-2 solution, offering tokenized alternative risk transfer. The first product was an Industry Loss Warranty (ILW) contract reinsuring against weather-related catastrophic events in Florida.

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Where to Buy Nayms?
NAYM tokens can be purchased on various cryptocurrency exchanges. Please refer to the official Nayms website for the most up-to-date list of supported exchanges.
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Nayms Price Prediction
Currently, there are no available forecasts from reliable experts or publications regarding the future price of NAYM tokens.

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