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Overview

Creed Crypto is a decentralized insurance alternative that allows members to join and share risk. Members can purchase cover products that protect against different kinds of risk. The Creed Crypto protocol is built on Ethereum and provides the infrastructure for members to buy cover, underwrite risk, assess claims, and build risk management businesses.

The Creed Crypto DAO operates as a discretionary mutual - people can join, share risk, and enjoy the benefits of membership. Members coordinate with one another through the Creed Crypto protocol.

For more information on how the protocol operates, see the Protocol section.

In the following pages within the Overview section, you can learn about membership, cover products, the Creed's claims history, and access various resources.

Teams supporting the protocol​

The Foundation and Creed Crypto DAO members contribute to the protocol to further development, create awareness, and increase adoption. Third parties can also request grant funding to make independent contributions or help further development of the protocol.

The Foundation​

The Foundation is a community interest company (CIC) that supports the protocol and is made up of the Engineering, Business Development, and Product teams. These teams receive external funding from the Foundation.

The Foundation exists to maintain the Creed Crypto protocol and user interface; promote product development; and provide support to prospective and existing members.

Creed Crypto DAO​

Everyone who goes through the membership process becomes a Creed Crypto DAO member. Members can contribute to the protocol in a variety of ways, which are all reviewed in detail within the Protocol section.

Members can also participate in protocol governance to decide proposals regarding the protocol and Capital Pool investments. There are DAO teams that work on behalf of all members to create awareness about the Creed and increase adoption of the protocol. To receive funding from the DAO treasury, these teams use the Creed Crypto DAO Proposal process, which uses Snapshot governance.