From e6791fa40a30b2b935c4deffb61d1ce6e5d5c494 Mon Sep 17 00:00:00 2001 From: ligi Date: Fri, 8 Nov 2024 11:57:58 +0700 Subject: [PATCH] Fixup Devcon edition / streamline using Devcon SEA everywhere --- DIPs/DIP-63.md | 8 ++++---- 1 file changed, 4 insertions(+), 4 deletions(-) diff --git a/DIPs/DIP-63.md b/DIPs/DIP-63.md index 790ecc1..642921f 100644 --- a/DIPs/DIP-63.md +++ b/DIPs/DIP-63.md @@ -17,7 +17,7 @@ A lot of people will travel to Devcon SEA. This will impose a number of risks to flight Delays, baggage loss, theft, and others. We will build a decentralized travel insurance for Devcon SEA participants. ## Abstract -We will offer a FlightDelay Insurance for DevconVI attendees. +We will offer a FlightDelay Insurance for Devcon SEA attendees. People can select their flight(s) and pay USDC 15 as a premium. Via an oracle, the risk of the flight being late is calculated, which determines the maximum amount paid out in case of a delay. @@ -39,11 +39,11 @@ those premiums which are not used to pay out claims. To become a liquidity provi stake [DIP (Decentralized Insurance Protocol) tokens](https://etherscan.io/token/0xc719d010b63e5bbf2c0551872cd5316ed26acd83). ## Motivation & Rationale -Attendees get peace of mind when traveling to DevConVI. This will increase their well-being +Attendees get peace of mind when traveling to Devcon SEA. This will increase their well-being and will also attract people who otherwise would abstain from participation. -DevCon7 attendees will most likely be willing to use blockchain based insurance because it fits +Devcon SEA attendees will most likely be willing to use blockchain based insurance because it fits best in their DeFi engagement. Payouts can be immediate and no paperwork is needed. -FlightDelay Insurance has been offered at DevConII in Shanghai and got a lot of good feedback, +FlightDelay Insurance has been offered at Devcon SEA in Shanghai and got a lot of good feedback, it was the first insurance Dapp on Ethereum - time to bring it back! ## Implementation