Pet Insurance DAO

CALL IT PETS.INSURANCE FOR THE MEMES

Goals

• visible pool of funds for transparency
• clear claim rulings
• community governance with vote delegation:
  • probably a governance token like Gitcoin
• transparent raising/lowering of monthly fees:
  • fees are based on size of fund with the goal of lowering fees over time
  • use DeFi to increase fund (with goal of lowering fees)
• pay professionals to review claims
• equal payments for all participants

"Business Case"

This isn't a business, its a community fund, but we should know how much insurance companies make to understand if we can do better.

Insight pages:

• https://www.gminsights.com/industry-analysis/pet-insurance-market
• https://www.fortunebusinessinsights.com/industry-reports/pet-insurance-market-101956
• https://www.owler.com/company/petinsurance
• https://www.grandviewresearch.com/industry-analysis/pet-insurance-market

Ethereum Insurance DAOs/Companies

• https://mutualdao.org/en/about.html
• https://nexusmutual.io/

Spinup

Use ICO to build initial pool of funds? Early investors become governance token holders?