DigiCol Becomes First NFT Marketplace to Add Insurance Protection
DigiCol is committed to providing the most valuable and diverse suite of tools to NFT users. That already includes an infrastructure to easily create NFTs and launch them into a liquid marketplace.
However, until now, the ability for NFT holders to protect against unforeseen risks has been nonexistent. No NFT platforms have incorporated insurance solutions for their users. DigiCol will be the first to address this.
With the value held in NFT assets rapidly growing, the need for NFT insurance solutions is more pressing than ever before. Over $6 million in NFT value was traded on Valentine’s day alone and the cumulative market was worth over $250 million by the end of 2020. With no current NFT insurance solutions, much of this value is exposed to exploits and hacks.