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Open Web Collective

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Founded in

2020 (5 Years)

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    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.

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    Get to know Open Web Collective

    Open Web Collective (OWC) is an early-stage blockchain venture fund and seed accelerator. OWC aims to reimagine how the next generation of applications will be built using open technologies. OWC accelerator is a protocol-agnostic blockchain founder lab supporting entrepreneurs building the decentralized web. By bringing together the right resources, VCs, capital, and seasoned advisors, OWC helps founders de-risk, focus, accelerate, and advance web 3.0. Our founders are promising pre-seed and seed-stage startups from around the globe, who work with leading corporate partners and investors, such as IDEO, Deloitte, and World Economic Forum to validate/invalidate business ideas and decisions, build products, define and grow KPIs, develop product-market fit, and fundraise. Apply at https://bit.ly/3iliB9m

    Industry

    • Crypto CryptocurrencyPRIMARY
    • Financial Other Service

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