Transitioning to Web3: Challenges, Solutions, and Market Trends
ChainOwl aims to facilitate a secure transition from Web 2.0 to Web 3.0 by addressing the limited time for upskilling and unique skill set challenges in the market. They seek to make Web3 onboarding smooth and secure for everyone while navigating the seismic shift from Web2 to Web3 and the rise of decentralized ecosystems. Competitors in the space focus on comprehensive investigations, risk assessment, and compliance reporting, each offering specific strengths and services. The market trends indicate a global shift towards Web3, relegating Web1 to obscurity as blockchain technologies evolve.
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Business Overview Solution 01 04 Secure transition from Web 2.0 into Web 3.0 Technical side Problem Our Team 02 05 Limited time for upskilling Unique skill set Market Analysis TBD 03 06 Current providers focused on technical users or provided by for profit ventures There is more to come
MISSION STATEMENT Making Web3 onboarding smooth and secure for everyone.
01 BUSINESS OVERVIEW You could enter a subtitle here if you need it
MARKET TRENDS Web3 Web2 Web1 Transition to Web3 Global leaders increasingly recognize a seismic shift from Web2 to Web3, relegating Web1 to obscurity, as the digital landscape evolves towards decentralized ecosystems and innovative blockchain technologies.
PROBLEM Problem Diverse Problem Siloed Risk Assessment Issue Fragmented Challenge Constant Defi Exploits/hacks Fraud detection challenge Compliance Standards Credit Ratings
COMPETITORS As private investigation companies Crystal Blockchain Chain Analysis AMLBot Focus: Comprehensive investigations for law enforcement, financial institutions, and businesses. Strengths: Deep expertise, global reach, large data sets, advanced analytics (including AI/ML), real-time monitoring capabilities. Services: Transaction tracing, wallet identification, exchange & mixer detection, entity analysis, sanctions screening, market intelligence reports. Cost: High, typically requires enterprise- level subscriptions. Focus: Targeted investigations for businesses & individuals, often with AML/KYC compliance needs. Strengths: User-friendly interface, customizable tools, strong focus on risk scoring & entity identification. Services: Address risk assessment, transaction analysis, watchlist screening, compliance reporting, investigation tools (Investigate platform). Cost: Tiered pricing options, more affordable than Chainanalysis but still targeted towards businesses. Focus: Easy-to-use risk assessment reports for individuals & businesses. Strengths: Simple interface, affordable individual plans, detailed reports with risk scores. Services: Address risk assessment reports, transaction analysis, exchange & mixer detection, basic entity identification. Cost: Individual plans & API access, most affordable option among the three.
COMPETITORS as upskilling, educational projects Chaise Web3 Foundation Protocol Labs Offering decentralized storage solutions, open protocols, and developer tools to empower a diverse building and a more resilient and inclusive internet ecosystem. European Commission's Erasmus+ funded project that aims to develop a strategic roadmap for the development and deployment of blockchain skills in Europe. Web3 offers access to Polkadot Education Initiative which is focused on technical foundations. Little educations for non- technical professionals. Limited programme focus. Technical users focus.
COMPETITORS as projects onboarding non-natives Consensys Looking Glass Labs HeyWallet Consenys provides for MetaMask a LivePerson support bot. Scuh a solution is targeted at both native users and beginners, however is directly linked to specific commercial venture. Digital Agency for the Metaverse. LGL specializes in bridging Web2 and Web3, facilitating smoother transitions and innovative Web3 access for companies. Hey Wallet is a cryptocurrency wallet where you can send and receive crypto using tweets. Little educational content or security focus. More focused on wide reception of users and ease of use. Focused on upscaling brands into Web3. Little individual user focus or educational content. Systemic risk associated with vendor lock in.
COMPETITORS working as investigation tool Ethscan AMLBot Blockchain.com Focus: Free blockchain explorer for Ethereum primarily. Strengths: Widely used, user-friendly interface, basic transaction history analysis, internal transaction flagging system. Limitations: Limited risk assessment features, no entity identification or advanced analytics, not ideal for in-depth investigations. Comparison: Similar to a basic map, provides initial location and basic information but limited investigative power. Focus: Affordable risk assessment reports for individuals and businesses. Strengths: Simple interface, detailed reports with risk scores, transaction analysis, exchange/mixer detection, basic entity identification. Limitations: Lacks advanced investigation features like real-time monitoring or deep analytics, not suitable for complex cases. Comparison: Acts like a detective with basic tools, good for initial inquiries but might need backup for complex investigations. Focus: Free blockchain explorer for multiple chains, including Bitcoin and Ethereum. Strengths: Similar features to Etherscan, additional analytical tools like charts and graphs, some risk flags for suspicious activity. Limitations: Lacks advanced investigation features, entity identification limited, not ideal for comprehensive analysis. Comparison: Functions like a basic search engine, good for surface-level information but not in-depth investigations.
COMPETITION ANALYSIS Service Focus Features Strengths Limitations Costs Best suited for Limited analysis & risk assessment features, not for in- depth investigations Transaction history analysis, internal flagging system Basic Ethereum Blockchain Exploration Widely used, user- friendly interface Basic checks & individual use cases Etherscan Free User-friendly interface, customizable tools, strong focus on risk scoring & entity identification Address risk scoring, transaction analysis, watchlist screening, compliance reporting suitable for businesses & individuals Lacks advanced features like real-time monitoring Tiered pricing, Suitable for all potential users Business Compliance & Risk Assessment Crystal Blockchain Address risk reports, transaction analysis, exchange/mixer detection, basic entity identification Simple interface, affordable plans, detailed reports with risk scores Individual Risk Assessment & Reporting Limited investigative capabilities, not ideal for complex cases Individual plans & API access, most affordable option Individuals & smaller businesses AmlBot Transaction history analysis, charts & graphs, some risk flags Lacks advanced investigation features, limited entity identification Similar features to Etherscan, additional analytical tools Multi-Chain Blockchain Exploration Basic checks & individual use cases Blockchain.com Free Transaction tracing, entity identification, sanctions screening, Strong focus on financial crime investigations, Financial institutions, businesses with strict compliance Financial Crime Compliance & Can be complex for technical users, Elliptic High cost
COMPETITION ANALYSIS Non- Technical Focus Security Hyper- focus Vendor Flexibility Transition Guide Bot Inter- operability Venture Support Yes Chaise Limited Yes No No No Web3 Foundation Yes No Yes No Yes No Protocol Labs No No No No Yes No Consensys No Yes No Yes Yes No Looking Glass Labs No Yes Yes No Yes No HeyWallet No Yes No No No No ChainOwl
COMPETITIVE ADVANTAGE Them - Educational projects are focusing on solely technical skills or on singular use cases for non-technical users. Connection with for profit ventures make upscaling more risky due to vendor lock in. - Us - Providing a comprehensive education for users, investors, and non-technical professionals aspiring to move from Web2 to Web3. In a secure, designed environment. Connection with entire ecosystem with designed security disclaimers -
02 PROBLEM Technology Analysis
TARGET GROUPS Financial Institutions and Bank -Upscale the Operations, Risk Retail Investors in Cryptocurrencies and Digital Assets Blockchain and Fintech Companies Regulatory Bodies and Compliance Officers Credit Rating Agencies
USER PROFILE:Lukas - Retail Investor Potential Needs: Potential Needs: Young Adult User-friendly and informative resources about crypto investment tailored for beginners 25+ Y/O Male Tools or services that offer simplified investment options with a focus on lower-risk crypto assets Interests: Crypto Investment Limited prior investment Limited time available to acquire in-depth knowledge Risk-averse Goals: Wants to grow wealth, preferably through low-risk investments Knowledge and Experience Level Crypto Knowledge: Limited prior knowledge of crypto investments. Learning Desire: Interested in learning about crypto investments but has limited time to acquire in- depth knowledge. knowledge of crypto
USER PROFILE: Janet -Financial institution The financial institution is expanding into decentralized finance (DeFi) and cryptocurrency-related portfolios for its customers Young Adult Learning Preferences Learning Preferences: 25+ Y/O Interested in a comprehensive, one-stop solution for learning Requires resources that are time-efficient and provide in-depth insights Female Traditional Finance Expert at a Financial Institution Potential Needs: Access to advanced educational resources specifically tailored for finance professionals moving into the crypto and DeFi space Platforms that provide up-to-date, comprehensive information on cryptocurrency markets, trends, and risk factors Training programs or workshops focused on the practical aspects of integrating crypto and DeFi into traditional finance Interests Interests: : Upscaling knowledge in cryptocurrency and DeFi Understanding risks cryptocurrencies Professional Professional Goals Goals: : Seeking to build cryptocurrency and DeFi rapidly to aid in her institution's expansion into these areas. associated with up sound knowledge in
03 OUR PLATFORM Technology Analysis
Implementation Strategy Collaboration and Partnerships 04 User-Centric Design Work with educational institutions, experts, and regulatory bodies Prioritize ease of use and accessibility in design and content 01 03 Modular Approach Feedback Loop Allow customization in learning paths and platform interactions. 02 Regular user feedback collection for continuous improvement
OUR TEAM Aleks Matuszewska Capital Markets Specialist with agile innovation in DeFi integration Jelena Gjorgjev Full-Stack Developer Augustine Madumere CRM/Digital Strategy & Innovation Ekin Tas Business Analyst/DLT Researcher
