Meemi is a Web3, AI-based, micro-insurance platform allowing users to purchase short-term, on-demand insurance for day-to-day objects and occurrences e.g., electronics, bags, and journeys.
Meemi is a Web3-native, AI-powered micro-insurance platform that makes it simple for users to purchase short-term, on-demand insurance for everyday items and activities — such as electronics, personal belongings, and travel. Embedded directly into a decentralized e-commerce marketplace, Meemi enables users to shop and insure products in one seamless, real-time checkout experience.
Meemi combines the transparency of blockchain, the automation of smart contracts, and the intelligence of risk-based AI pricing to deliver a frictionless insurance experience. The entire lifecycle, from the purchase of a policy to the payout of a claim, is administered using smart contracts, offering trust, speed, and affordability. Users interact with the platform through secure wallet connections like MetaMask and WalletConnect and pay using stablecoins or native crypto assets.
Core Features
Integrated Insurance + Commerce: Purchase insurance at checkout for physical goods bought on a decentralized marketplace.
Smart Contract Policies: A policy as a self-executing smart contract attached to the product bought, which covers the whole insurance process — from premium collection to payout.
AI-Powered Risk Assessment: Premiums are dynamically calculated through a lean AI framework that evaluates user-inputted data to calculate the risk level (low, medium, high).
Real-Time Claim Verification: Verified automatically by credible external APIs (e.g., flight delay APIs) and paid on-chain without any involvement from humans.
Wallet-Based Access: Secure authentication and transaction signing using popular Web3 wallets like MetaMask and WalletConnect.
Multi-Asset Payments: Pay premiums in stablecoins or natively issued crypto tokens, with flexibility and convenience.
Clean Mobile-First Experience: Design optimized for speed and usability, with minimal UX for easy mobile use.
Connect Wallet: Users log in with their favorite blockchain wallet.
Browse & Shop: Shop a decentralized store of insurable goods.
View Policy Options: See dynamically priced insurance conditions based on risk categories.
Checkout with Insurance: Purchase goods and optional insurance protection in a single simple transaction.
Automated Claim Triggers: Claims are verified by real-world data APIs and triggered by smart contracts.
Instant Payments: Approved claims are settled immediately into the user's crypto wallet without any intermediaries.
Meemi is reinventing micro-insurance for today's era, merging blockchain transparency, AI-driven decision-making, and frictionless user experience in a single trustless platform. Insuring a new gadget purchase or covering a weekend getaway, Meemi offers real-time, auditable, and user-friendly insurance on the move.
70