OpenCrowd
OpenCrowd is a New York-based boutique design and technology firm founded in 2005 that builds custom digital products and blockchain solutions for enterprises, investment banks, and startups. Its core offerings include DragonGlass blockchain analytics, Dropp micropayments, and multi-chain development services.
- Company typePrivate
- Founded2005
- HeadquartersNew York, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What OpenCrowd does
OpenCrowd is a New York-based boutique design and technology firm founded in 2005 that builds custom digital products for enterprise and startup clients, with a heavy specialization in blockchain and distributed ledger technology. Its core technology stack spans distributed ledger platforms — Hedera Hashgraph (primary), Ethereum, EOS, Stellar, and GoChain — combined with machine learning, natural language processing, real-time analytics, visualization, collaboration, and search. The company operates two parallel product directions: DragonGlass, a cloud-based blockchain data platform providing live and historical ledger data, REST APIs, and real-time event subscriptions (subscribed by over 90% of Hedera dApp transactions), and Dropp, a proprietary micropayment service launched in February 2021 for small-value transactions.
OpenCrowd's service portfolio includes custom digital product development, blockchain/DLT consulting and implementation, Hedera Token Service expertise, DAML smart contract development, and Security Token Offering platform work (notably with Securrency). Engagement teams are small (4-8 people) operating in 90-day delivery cycles, with the firm accepting equity in lieu of fees for cash-constrained startups while charging enterprise pricing for investment bank and Fortune 500 clients. Named engagements include IBM's Virtual Briefing Center, multi-asset collateral management and prime brokerage platforms at premier international investment banks, catastrophe risk onboarding for Risk Management Solutions, and development partnerships underpinning Diamond Standard's $25 million IPO and Securrency's multi-ledger tokenization platform.
The go-to-market model is enterprise field sales augmented by thought leadership (CEO appearances at World Economic Forum, Bloomberg, Tech Blog Writer Podcast), conference participation (Consensus, Blockchain Week NYC, Hedera events), and hackathon sponsorship (Hedera20, Hedera21) to drive developer adoption of DragonGlass. Customer segments span investment banks and large financial institutions (primary), early-stage startups accepting equity-based compensation (primary), and secondary verticals including public-sector analytics, healthcare, sports analytics, and education finance. The firm is privately held, bootstrapped with no disclosed funding rounds, and operates from headquarters in New York's Union Square with a secondary office in Newark, NJ.
OpenCrowd firmographics
Firmographics- Name
- OpenCrowd
- Legal name
- OpenCrowd Inc.
- Website
- https://opencrowd.com
- Company type
- Private
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- OpenCrowd is a New York-based boutique design and technology firm founded in 2005 that builds custom digital products and blockchain solutions for enterprises, investment banks, and startups. Its core offerings include DragonGlass blockchain analytics, Dropp micropayments, and multi-chain development services.
- Ownership category
- akta.pro rank
OpenCrowd industry classification
Industry- Product category
- Custom Software Development & Blockchain Solutions
- NAICS
- Custom Computer Programming Services (541511), Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming Services (7371), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH)
- akta.pro secondary industries
- NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails) (FSAPAFAJ), NFT Custody, Wallets & Asset Management (collectibles wallets, vaults, portfolio tools) (FSAPAFAF)
Keywords
Where OpenCrowd is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
OpenCrowd business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Custom Development Services: OpenCrowd builds custom digital products and blockchain solutions for clients. They provide end-to-end delivery from concept through launch, including UX design, solution architecture, development, and deployment. Their typical engagement involves small integrated teams (4-8 people) delivering in 90-day cycles.
- Blockchain Consulting: Consulting services for distributed ledger technology strategy, platform selection, and implementation planning. Particularly focused on Hedera Hashgraph, Ethereum, EOS, Stellar, and GoChain multi-chain solutions.
- Equity-Based Compensation (Startups): For early-stage startup clients, OpenCrowd accepts equity as part of their fees, aligning their goals with the startup's success. This is a non-traditional revenue mechanism that also provides OpenCrowd with upside in successful client companies.
- DragonGlass Platform: DragonGlass is a cloud-based data platform providing live and historical blockchain data, APIs, and real-time subscriptions. While primarily positioned as a developer tool supporting the Hedera ecosystem, it serves as a productized service with pre-built APIs and subscription capabilities.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
OpenCrowd product offering
Product offeringCore offering
OpenCrowd is a boutique design and technology firm founded in 2005 that builds custom digital products for clients, specializing in distributed ledger technology (DLT) and blockchain development across Hedera Hashgraph, Ethereum, EOS, Stellar, and GoChain. They deliver end-to-end services from UX design and solution architecture through development and deployment, typically via small integrated teams of 4-8 people on 90-day delivery cycles. The firm also operates proprietary products including DragonGlass, a cloud-based blockchain data and analytics platform, and Dropp, a micropayment service for small-value transactions.
Product overview
OpenCrowd is a design and technology firm that creates unique digital products for clients, operating since 2005. Their offerings span two main categories: Smart Digital Solutions (custom-built applications using Visualization, Collaboration, Search, Mobile, and Data Analytics including ML/NLP) and Distributed Ledger Solutions (blockchain development on platforms like Hedera Hashgraph, Ethereum, EOS, and Stellar). The product portfolio includes DragonGlass (a cloud-based analytics platform providing live and historical data across distributed ledgers with API access for developers), Dropp (a micropayment service for small value transactions), and Digital Securities Solutions (STO implementation services using the Securrency platform). OpenCrowd serves clients ranging from early startups to large enterprises, with a key focus on fintech.
Differentiator
Problem solved
Functional benefit
Products and services
- DragonGlass DragonGlass is a cloud-based analytics and data platform that provides live and historical data across distributed ledgers (primarily Hedera Hashgraph). It offers a ledger explorer, REST API for historical data access, real-time subscription services for blockchain events, and developer APIs for dApp integration. Designed for developers building on Hedera Hashgraph and enterprises needing distributed ledger data access.
- Dropp Dropp is a micropayment service designed for purchasing small-value transactions instantly without sharing personal details. It enables 'Pay-Per-Use' payment models for merchants and consumers across physical and digital goods and services without the commitment of a subscription. Designed for merchants seeking new revenue streams and consumers seeking convenient low-cost purchases.
- Smart Digital Solutions Custom-built smart applications proprietary to client business needs that automate tasks, react to events in real-time, create deeper insight, and provide integrated seamless experiences. Leverages Visualization, Collaboration, Search, Mobile, and Data Analytics technologies including Machine Learning and NLP. Designed for enterprises and startups seeking bespoke digital product development.
- Distributed Ledger Solutions Blockchain and DLT-based development services including building entire blockchain-based businesses, core DLT infrastructure, decentralized applications (dApps), and smart contracts on platforms such as Hedera Hashgraph, Ethereum, EOS, and Stellar. Designed for enterprises, startups, and blockchain companies seeking multi-chain development expertise.
- Hedera Hashgraph Solutions Specialized consulting and development services for building dApps on the Hedera Hashgraph network. Services include cryptocurrency integration, smart contract development, file storage services, and utilizing the Hedera Consensus Service and Hedera Token Service. Designed for enterprises and developers building on the Hedera distributed ledger network.
- Digital Securities Solutions (STO) Security Token Offering implementation services including white-label Securrency STO Platform integration, compliance-aware token smart contracts, exchange/custodian integration, and KYC/AML/KYW credential management across multiple distributed ledgers. Designed for financial institutions, fintechs, and blockchain companies seeking to tokenize and trade securities across DLT platforms.
- DragonGlass API A suite of pre-built developer APIs that enable developers to access Hedera Hashgraph data including historical transactions, network statistics, and real-time event subscriptions for use in decentralized applications. Designed for developers building dApps on Hedera Hashgraph.
Quantifiable outcome
- 90-day delivery cycles for new product concepts
- +3 more outcomes
Companies that use OpenCrowd
Customer profileNamed customers15 records
Segments6 records
Ideal customer profiles3 records
OpenCrowd technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
AI capability2 records
Feature8 records
OpenCrowd partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered notable and core.
- Digital Asset (DAML)notableOpenCrowd demonstrates and implements DAML (Digital Asset Modeling Language), a smart contract language for developing concise and secure contracts executed in standardized format across different private distributed ledgers. Demonstrated through a Diamond Standard asset-backed token use case where DAML contracts were 200 lines vs equivalent 710 lines of traditional smart contract code.
- SecurrencycoreOpenCrowd is a premier development partner of Securrency since 2018. They extend Securrency's platform across multiple distributed ledgers including Ethereum, EOS, Stellar, GoChain, and Hedera Hashgraph. This partnership enabled the first-in-market capability to tokenize and trade securities across multiple DLT platforms. The integration of DragonGlass capabilities into Securrency products is a key value proposition for Securrency's clients.
- BuildCoin FoundationnotableInvestment and technology partnership announced July 11, 2018 to jointly develop the BuildCoin Foundation's blockchain ecosystem for public infrastructure projects. BuildCoin Foundation is a non-profit organization governing a blockchain ecosystem for the $3 trillion global infrastructure market, aiming to bring transparency and efficiency to public infrastructure development.
- Swirlds (Hashgraph Company)coreTechnology partnership announced January 25, 2018 to develop next-generation decentralized applications. Combined OpenCrowd's design and technology services with Swirlds' Hashgraph distributed consensus platform to deliver better performance, security, trust, and scale for enterprise applications.
- Hedera Hashgraph (Swirlds)coreOpenCrowd has been a development partner to Hedera Hashgraph since 2017, working on a wide range of applications and ecosystem components. Work includes production software and hardware wallets, Google Chrome plugins, and the most advanced APIs for accessing both real-time and historical Hedera Hashgraph data. OpenCrowd developed DragonGlass, which is used by over 90% of Hedera dApp transactions. They are among the foremost experts on Hedera Token Service (HTS).
- Ethereum, EOS, Stellar, GoChain (Multi-chain)notableOpenCrowd has built gateways across multiple blockchain platforms for Securrency and its own client solutions. This multi-chain expertise enables cross-ledger applications and solutions for clients requiring interoperability across different distributed ledger technologies.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
OpenCrowd competitors and assessment
Company assessmentDirect peers
- R3: R3 is an enterprise blockchain consortium (Corda) serving major banks and financial institutions with distributed ledger infrastructure and consulting. Comparable to OpenCrowd in targeting tier-one banks with blockchain solutions, though R3 is far larger and product-led where OpenCrowd is boutique and services-led.
- ThoughtWorks: ThoughtWorks is a global technology consultancy specializing in custom software, design, and emerging technology adoption for enterprises and startups. Comparable to OpenCrowd in its boutique-style integrated teams, design-plus-engineering approach, and 90-day-style delivery models for complex institutional clients.
- Chetu: Chetu is a custom software development firm providing bespoke engineering across industries including fintech and blockchain. Comparable to OpenCrowd as a custom-development services firm, though Chetu operates at significantly larger scale and with broader industry coverage.
- ConsenSys: ConsenSys is a global blockchain software and services firm offering Ethereum-focused development, consulting, and infrastructure (Infura, MetaMask). It is directly comparable to OpenCrowd as a blockchain-native development services and tooling company, though ConsenSys is significantly larger and Ethereum-centric where OpenCrowd is Hedera-and-multi-chain.
- Digital Asset: Digital Asset builds DAML-based smart contract infrastructure for enterprise distributed ledgers, and is a documented OpenCrowd technology partner. It is a direct peer in DLT infrastructure and developer tooling, with overlapping customer profiles in regulated finance.
- WillowTree: WillowTree is a digital product agency that designs and builds custom applications for Fortune 500 clients. Highly comparable to OpenCrowd in its "design + technology" positioning, focus on unique digital products, and serving regulated industries with bespoke engineering engagements.
Emerging players
- Toptal: Toptal is a global freelance network connecting enterprises with elite software engineers, designers, and blockchain specialists. Comparable to OpenCrowd in addressing the technology-talent gap for emerging-tech projects, though Toptal is a talent marketplace model rather than a managed-services consultancy.
Broad incumbents
- Accenture Blockchain: Accenture is a global professional services firm with a dedicated blockchain and digital assets practice serving large enterprises and financial institutions. Comparable to OpenCrowd as a competitor for institutional blockchain consulting mandates, but operating at vastly greater scale and as part of a broader services portfolio.
- Deloitte Blockchain: Deloitte's blockchain practice delivers consulting and implementation services for enterprise distributed ledger adoption, including major bank engagements. Overlaps with OpenCrowd on institutional blockchain consulting, with Deloitte offering broader audit/consulting capabilities and a global delivery footprint.
- IBM Blockchain Services: IBM is both a documented OpenCrowd client (Virtual Briefing Center) and a competitor in enterprise blockchain services via IBM Blockchain and Hyperledger. Comparable as an enterprise blockchain services provider serving regulated industries with consulting and platform deployment.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
OpenCrowd social profiles
Digital presenceOpenCrowd financial estimates
Financial estimateRevenue estimate
Valuation estimate
OpenCrowd leadership team
Management profileNumber of profiles
Profiles5 records
OpenCrowd funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
OpenCrowd M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about OpenCrowd
What does OpenCrowd do?
OpenCrowd is a boutique design and technology firm founded in 2005 that builds custom digital products for clients, specializing in distributed ledger technology (DLT) and blockchain development across Hedera Hashgraph, Ethereum, EOS, Stellar, and GoChain. They deliver end-to-end services from UX design and solution architecture through development and deployment, typically via small integrated teams of 4-8 people on 90-day delivery cycles. The firm also operates proprietary products including DragonGlass, a cloud-based blockchain data and analytics platform, and Dropp, a micropayment service for small-value transactions.
Is OpenCrowd a public or private company?
OpenCrowd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was OpenCrowd founded?
OpenCrowd was founded in 2005. It employs 51 to 100 people.
Where is OpenCrowd based?
OpenCrowd is headquartered in New York, United States, in the North America region.
How does OpenCrowd make money?
Four revenue lines are on record. Custom Development Services are the primary driver. The others are blockchain Consulting, equity-Based Compensation (Startups) and dragonGlass Platform.
Who are OpenCrowd's main competitors?
Direct peers on record are R3, ThoughtWorks, Chetu, ConsenSys, Digital Asset and WillowTree. Toptal is listed as an emerging player. Broad incumbents are Accenture Blockchain, Deloitte Blockchain and IBM Blockchain Services.
Does OpenCrowd have an API?
Yes. DragonGlass provides a comprehensive API platform for accessing Hedera Hashgraph data. The APIs allow developers to search through historical Hedera data, access real-time network statistics, subscribe to notifications for specific types of events, and incorporate this data directly into their dApps. Features include REST APIs for querying historical data and real-time subscription capabilities for monitoring live transactions on the Hedera network. Developer documentation is at app.dragonglass.me/hedera/home.
What industry is OpenCrowd in?
OpenCrowd's product category is Custom Software Development & Blockchain Solutions. Its primary akta.pro industry code is FSAPABAH, Deployment, Automation & DevOps (build pipelines, contract deployment tools), with a secondary code of FSAPAFAJ, NFT Commerce, Ticketing & Utility Enablement (token-gated access, memberships, passes, ticketing rails). Its NAICS code is 541511 and its SIC code is 7371.