What is HealthPotion?
Healthpotion is a utility led NFT project that is based on the concept of a health potion in gaming. The utility is a fixed upper limit coverage policy that reimburses NFT holders for ERC20 and ERC721 tokens that are lost through a scam.
The art of health potion comes from gaming. In gaming, a health potion restores you character to full health. In gaming, just like in real life, there is day to day wear and tear that can drain your energy. In crypto, it’s not your energy that gets drained but your wallet. We want crypto users to pick up a health potion so that their wallet is never drained and if it does get drained, then we want them to be able to bounce back.
How do you bounce back? The Healthpotion NFT has utility as an insurance contract. The insurance contract reimburses you up to a fixed upper limit of either 1,000 USDC or 1 Eth. There are a specific set of criteria that the insurance covers you against and we also required that you use a security configuration to improve your overall confidence, transacting in web3.
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