What is Pl3dge?
Pl3dge is a company limited by guarantee which provides discretionary benefits to its members from contributions made by the members. Pl3dge is not an insurance company as it offers discretionary benefits and does not make any benefit promises to policyholders. Discretionary benefit organisations have been in use for a long time and one the best known examples is the Medical Protection Society that has been offering medical protection to doctors since 1892.
The concept of financial protection upon death has ancient roots, dating back to benevolent societies in ancient Greece and Rome. However, the modern industry has remained largely static, leading to inefficiencies and outdated practices.
In contrast, Pl3dge leverages the power of blockchain technology to offer a streamlined, secure, and transparent On-chain DeFi life cover solution. We address the gaps left by traditional models that have yet to adapt to the web3 community's emerging needs.
Our platform combines the best of both worlds: the time-tested assurance of life cover and the innovative capabilities of decentralized ledgers. By embracing a multi-chain approach, we ensure our members engage in a financial ecosystem that mirrors the evolving digital landscape. Liquidity providers benefit through our distinctive staking mechanism, allowing for exposure to attractive yields while enabling the operations of the projects they believe in. This highlights the mutual benefits between Pl3dge and its community.
With Pl3dge, policyholders gain not just financial protection but also a digitally empowered experience tailored for the modern age.
As we navigate the unchartered waters of web3, Pl3dge is committed to delivering solutions that meet the evolving demands of today's digital citizens, all while maintaining the core promise of life cover—peace of mind for the future.
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An experienceD team of Web3 specialistS & actuaries
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