What is ChainBank?
Have you ever wondered what will happen to your crypto, nfts, or other tokens in the event something terrible happens to you? Enter ChainBank - ChainBank was designed as a living trust to transfer assets once a person becomes deceased/disabled. It allows you to SAFELY manage your finances by having a back-up plan and acts like a living trust. ChainBank is a personal Smart Contract that is only accessible by you and other addresses you add as "Secondary Beneficiaries". Deposit and withdraw both ERC20 and NFT Tokens as well as set spending limits to control how much and whom can spend which tokens.
ChainBank allows you to set a "Primary Beneficiary Time" and "Primary Beneficiary Address" and if/when the lock is not periodically renewed, the contract ownership is transferred to the Primary Beneficiary Address. The Primary Beneficiary Address can redeem ownership of the contract and all the assets in the event someone is incapable of managing the funds (death, accident, etc).
Manage everything on chain, from one address. No one else can access the contract unless you add them preventing any possibility of a hack and losing assets. Get started today!