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WEAR
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02 Jun 2021 (4 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.
Company Information
Get to know WEAR
Company Information
Get to know WEAR
WEAR is a premium NFT platform, purpose built for luxury brands and contemporary artists. Our ecosystem provides our brand partners a one-stop-shop solution to create products, curate experiences and a marketplace to sell them. WEAR was formed in the midst of 2021’s pandemic, when crypto had gone mainstream and digital assets were rapidly gaining legitimacy on a global stage. Part of a vision to realize the collaborative ownership of Web 3.0, WEAR was intended to bridge the gap between physical and digital luxury, through innovative use of technologies such as blockchain and Augmented Reality. Our vision is to develop a one-of-a-kind Web3 platform that offers global brands and creatives new business models and revenue streams —new storytelling channels, activations, and engagement.
Industry
- Crypto CryptocurrencyPRIMARY
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