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Back My Hobby
United States
01 Jun 2020 (5 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Back My Hobby
Company Information
Get to know Back My Hobby
Less than 4% of creators on social are full-time creators. Yet, nearly 100% of the monetization platforms are built for this audience so that they can make a living. For the part-time creator (with a full-time job), paying the bills is not the primary need for monetization. Rather, it's the funding of their "passion project" that often is money constrained. The current platforms require exclusive content to be effective at monetization. For part-time creators, it is nearly impossible to create any additional content in the little time that they have. Our solution is specifically designed for the part-time creator. Instead of a place where creators have to spend long hours creating exclusive content, we've created a place for creators to mint exclusive digital collectibles (NFTs) for fans that support their work in minutes. Fans like it because they've helped their favorite creator, and added a unique piece to their growing collection of digital collectibles on Back My Hobby.
Industry
- Crypto CryptocurrencyPRIMARY
- Financial Other Service
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