Vitalik Buterin, in a recent tweet, discussed the potential of crypto-based insurance DAOs, arguing that they are undervalued. He explained that traditional insurance models suffer from an asymmetry of interests: consumers pay fixed premiums while company shareholders benefit more from rejecting claims and less from accepting them. Insurance DAOs, on the other hand, ensure a more balanced interest for participants by sharing risks collectively. Participants can pool funds and agree to cover those facing risks, and they can also employ dedicated claim reviewers to guarantee fairness.