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Follow Coin
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2017 (8 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 Follow Coin
Company Information
Get to know Follow Coin
Follow Coin's mission is to further adoption of blockchain techology. They will do this by incentivizing high quality information. Follow Coin is not a whitepaper-only company. It has it's office in Amsterdam and is a subsidiary of Knijbel, a successful dutch software house. They had their round of funding in 2017 and made their bones as a fairly inexperienced company in the rapidly changing crypto world. They learned a lot by having a working product out there since Q4 2017, processing valuable feedback and gaining a lot of experience. Because of their insights gained with the alpha version of the app, they have completely rethought our fundamental idea and are working on the second iteration of Follow Coin. They are currently focussing our efforts on rewriting the whitepaper and rebranding.
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- Financial BankingPRIMARY
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