Nsure Network Alpha Development Update

Nsure.Network
2 min readFeb 8, 2021

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Dear Nsure-Community,
As we move along our development roadmap, and with the purpose of commencing our auditing review, we are pleased to have released a specific set of components within our smart contract structure deployed on our Alpha on Kovan Test-Network.

In order to allow users to withdraw their Kovan-ETH and mined Nsure (both on Kovan Network), we will be giving a time window of 7days before we unplug the existing contract and migrate to our updated version.
If you wish to redeem, we have relocated the existing environment and you may access it through test.nsure.network. We suggest to withdraw before we proceed with migration on February 14th, 11:00am UTC.

Please note that once concluded, existing ETH and NSURE deployed on the aforementioned test-environment will not be able to redeem and lost.
This will not incur any loss of value, as it is merely a test-net environment; nevertheless would like to give the possibility to our proud community members that have been supportive by testing out our first full product release.
Neither ETH nor NSURE minted on Kovan have any monetary value; however there are certain constraints in terms of minting ETH on Kovan as well as time-related bottlenecks on mining Test-Nsure via Capital mining.
We prompt users that have participated in our existing Alpha to withdraw these and redeploy on our updated environment.

As for the upgraded release, you can access it, as usual, on alpha.nsure.network and redeploy your Kovan-ETH and NSURE in the according Capital Pool and Underwriter Program.

Important Notice

This migration will NOT affect the on-going Underwriter Program (Staking) on Ethereum Mainnet to be found at staking.nsure.network.

If you have any questions or enquiries, please reach out to any of our official channels on Telegram, Discord or contact@nsure.network.

Thank you for your understanding and we’re excited to move one step closer to our live product release!

If you would like to read more about out mission, vision and values:

Website: https://nsure.network/#/

Whitepaper: https://nsure.network/Nsure_WP_0.7.pdf

Medium: https://nsure-network.medium.com/

Or follow our latest moves on:

GitHub: https://github.com/nsure-tech/

Discord: https://discord.com/invite/nSvAapa

Official Twitter: https://twitter.com/Nsure_network

Telegram: https://t.me/nsurenet

Nsure 中文群: https://t.me/NsureCN

For private inquiries or collaborations, please DM any of our admins or contact contact@nsure.network

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Nsure.Network
Nsure.Network

Written by Nsure.Network

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