WNXM makes use of the powerful function of Ethereum, so that people can share the risk without insurance company. NexusMutual adopts a risk sharing model with a risk sharing pool behind it. The pool is managed by community members who hold NXMtoken (native token of NexusMutual) and vote to determine the validity of a particular claim. WNXM is the 1:1 token of NXM(NexusMutual).
Full Name in English：Wrapped NXM
Full Name in Chinese：/
Investor/Institution：Figment Networks、Arrington XRP Capital、100&100、Binance Labs
Distribution date: July 8, 2020
White Paper Link：https://nexusmutual.gitbook.io/docs/docs
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.