Project Tagline/Description (140 Characters Max. Will be used on table card for judging)
Decentralized Derivatives for Universal Price Insurance
Team Members. First and Last Names
Status.im ID for Each Team Member (we will use this to contact you and your team)
Lightgrey Wry Cottontail
Trained Negative Ozarkbigearedbat
Precious Noteworthy Eeve
Detailed Project Description (no more than 3-4 sentences)
SmartPiggies are non-fungible digital contracts that provide their owners with protection against undesirable changes in the price of any asset, product, or service.
A SmartPiggy can be thought of as a tradable digital piggy bank into which money can be deposited, and which is smart enough to distribute its funds between an owner and creator based on pre-agreed terms.
SmartPiggies also have a native self-auctioning mechanism that allows them to globally market themselves, eliminating the need for exchanges.
Anyone or any business wishing to protect themselves against unexpected changes price or whom has spare capital and is willing to take on risk in exchange for a premium may wish to participate in the SmartPiggies ecosystem.
Describe your tech stack (e.g., protocols, languages, API’s, etc.)
Track for which you’re submitting (Open or Impact)
All Bounties Completed/Incorporated