Fuelled Group have purchased an Ethereum Towers apartment to lead a Web3 future of business insurance.Â
It’s no secret that the team at Fuelled are a little nerdy! We obsess over the latest trends in technology and business, whilst performing deep dives in to the intricacies of how these things work. For the last 12 months, we’ve been paying particular attention to the NFT (non-fungible token) space and the good and bad that the latest happenings bring.
This week, we’ve purchased Apartment 10, Floor 7 of Ethereum Tower 2, to drive our future plans for a Web3 home for business insurance.
About Ethereum Towers
Why we chose Ethereum Towers?
We researched a number of different opportunities in the Metaverse before landing on Ethereum Towers.
What was most important to us about ET was the community nature of their project. We saw their vision of bringing people together as the perfect opportunity for Fuelled to support new businesses entering the Metaverse, from a business, knowledge and (naturally) insurance standpoint.
We see Ethereum Towers as a co-working space for the Metaverse, where businesses and people collaborate on new ideas and new opportunities. In the startup and high growth business sector currently a number of office spaces and incubators dominate the physical space. We see ET as the Web3 equivalent, which is super exciting for all concerned.
Why the Metaverse?
Over the last 3 years the emergences of new technologies combined with new methods of working has really increased the speed at which the Metaverse has risen. We anticipate that more and more businesses will seek space in the Metaverse to build and develop new products, whilst appealing to an entirely new market.
Insurance isn’t exactly something that you would associate as being the most progressive of industries, but we really believe we’re doing something different. Our vision is to cement Fuelled as the go-to insurance provider for businesses looking to start and thrive in a new digital community. This development will also create new risks to businesses that they might not have thought of before.
Our dynamic vision for the future of insurance makes the Metaverse a no-brainer for us and we can’t wait to get to work.
What Next?
We’re working with a number of partners and insurers to create innovative insurance solutions for Web3 businesses. We’re also working with a number of Stakeholders in the Metaverse to create exciting opportunities in Ethereum Towers and elsewhere. Hopefully bringing forward employment and insurance at the same time.
We’ll be revealing more information over the coming weeks!
You can read more about Ethereum Towers on their Whitepaper here.
