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RE: CREMIT- FIRST EVER ALTCOIN INSURANCE
If Cremit is as advertised this is one hell of an investment. I am skeptical because a lot of cryptos can not inheriently earn more interest just by holding. Example such as bitcoin, litecoin, ethereum and so forth. The fact that Cermit can expect to earn enough in banking and insurance while charging little to no fees to its customers sounds suspicious.
I agree on this that if they can implement what they say, it would be hell of an investment. Besides, on the Interest part, the cryptos you have mentioned use Pow( Proof Of Work), but in PoS (Proof Of Stake) models, such as steem, you get a benefit to hold the tokens.
So is the model of Cremit, and quite frankly I’m more interested in the Insurance service, as it can turn out to be great hedging tool.