Roadmap

This is the V1 of our roadmap which takes us to the end of 2023.

Our roadmap is centred around controlling risk, building sustainably and rewarding our early participants via our token launch.

December 2022

Our goal for December is to launch our limited edition potion to a small number of potion holders. We are building for the long term and want to start small to allow us to reliably serve our community and to better understand the risks associated with this space. Through understanding these risks, we can build a more detailed risk model that will allow us to better set our pricing to our community. We will be putting 100% of revenue from mint into our treasury.

Spring 2023

We plan to launch a 2nd edition potion to a wider community. This will be similar to the first with updated terms and new art work. We expect to be handling claims, see the first few potions traded on an NFT marketplace and the first NFT renewals. We will release more information about continued incentives for the existing holders.

We will raise venture investment to fund our business throughout 2023 and confirm our regulatory status as an insurance provider by the end of Q1 2023.

Summer 2023

Over the summer, we will continue to expand our insurance pool and as our claims process matures we will begin to scale to a much greater number of customers.

We will still continue to fund the treasury with 100% of the revenue that comes from customers. We will make an announcement about the longer term plan for this insurance fund and begin planning capital allocation to provide yield.

Autumn 2023:

Our target for Autumn is to launch a token. We will still issue insurance contracts as NFTs but the tokens will become a more integral part of our ecosystem. The early holders of our NFTs will be issued tokens upon launch for their participation in the community.

Winter 2023 and beyond:

At this point we expect to have our tokens live, released NFTs to the community and continue to grow our insurance business in web3. We will also look to raise further investment to build out our pool of capital so that we can insure a larger community. We’ll also look to expand our product lines into other avenues of insurance.

Last updated