Company Information

Get to know Raindrop

Raindrop was a key application within the "Project Hydro" ecosystem, developed by The Hydrogen Technology Corporation. Its mission was to provide a decentralized and more secure alternative to traditional 2FA solutions like SMS codes or Google Authenticator by leveraging the public blockchain. The broader Hydrogen platform provided APIs for fintech developers to incorporate blockchain technology into their applications. The project was funded through the distribution of its native HYDRO token. However, the parent company and its CEO were charged by the U.S. Securities and Exchange Commission (SEC) for market manipulation related to the HYDRO token, which led to the cessation of the project and the company's operations.

Industry

Crypto CryptocurrencyPRIMARY
Financial Other Service

Contact

Social

Company hasn't updated its information.

THIS SERVICE IS NOT AVAILABLE IN YOUR REGION

Raindrop

United Kingdom

Founded in

2020 (6 Years)

Founded

Last online: No recent activity

Claim company Visit website

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

OVERALL SCORE

Licenses

--/40

Reviews

--/60

0 reviews

Provided by TrustFinance

TrustScore unavailableNot enough score to display the trend.

Be the first to rate and review this company.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

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.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.