Blog from March, 2023

This article helps startups in applying for tenancy on the Open Constitution AI network.

Project Tenancy is activated with two simple steps:

Step 1: Register E tenancy to receive Trust Entitlements.

Visit Open Bank Portal

Step 2: File Project TRL proposal to constitute treasury. Access network resources.

Visit Trust Governance

Here are the steps(legacy; deprecated): Please ignore them.

STEP 1: Submit the application for an Open bank account.

https://www.open-bank.org/startup-tenancy/

Please use an official email address, which is created on the registered domain name of the startup. Startup applications with personal email addresses will be rejected by the AI.

For Director Verification, guidelines on individual’s verification here.

For Entity Verification, guidelines here.

Business Plan Guidelines are here.COMING SOON

Please provide necessary information, and supply consent to Network policies. Upon Submitting the application, you shall see the below response on your screen.

Email Confirmation:

After submitting the application, in most account cases, you shall receive an email requesting Activation as below;

Follow the instructions(Click on the button with the link) in the email and set up a password to activate your account.

Exception: In some case, an Account creation might get on hold by the network AI for a manual review: AI needs human assistance for case processing.

You shall receive an email like below. Don’t worry. Please wait for 7-14 days and the status may change. Change in status will also be notified to your registration email.

Congrats! Your Startup Account is now Active. Please Login.

Exception: If your Account was held for manual review by the Network AI and was finally approved by a human member, you should receive an email like below, with instructions for login in and setting up your password.

You can visit https://www.open-bank.org/login/ or follow the link in the email to Login by setting up your Account Password.

Note: Once logged in, you will be required to setup 2 Factor Authentication to secure access to any Trust keys. Read User Manual for setting up 2 FA here.

STEP 2: Place Request for Startup Tenancy Lease

After the Email Activation, you shall place a request for the appropriate E Lease https://www.open-bank.org/e-lease/startup-tenancy-lease-open-constitution/.

Please select your team size and Place Request.

A Startup Tenancy Lease will provide you and your team members - usable Trust Keys with Master API key and resource specific keys (Activation limits are set up by the Network AI) to access Open Constitution network resources.

Note: A Nominal Fee is charged to maintain the electronic ledgers for the E lease records.

Please Enter your Full Name, Address of your Startup and authenticate this Transaction.

Unfortunately, a Vault Account is yet not active, until a Startup subscribes to this Tenancy Lease. So, you can only pay using a Credit or Debit Card for confirming this request.

STEP 3: Request Account Verification:

For Startup Account cases, your account may require to be verified, e.g to receive Third Party or Network Partner benefits, which require an account to be verified, as part of network policy.

To request verification, once logged in, please click on Request Verification in Account Settings.

If your account is verified, your startup should receive an email like below.

RESULT: Tenancy electronic Lease is now activated.

You will be notified by email when your E Lease is activated. This is generally done within 7 days.

A vault Account is now setup for your Startup Account and API keys are available for use, in your Account Console.

Access Trust Keys and Restricted Content to unlock resources and benefits

Visit this page for Activating Partner Benefits, availed through AWS Activate Program.

Visit this page for accessing Trust keys. Here you can manage your Trust keys(API) linked with your E Residency or Tenancy account, access your API Downloads, and any other E lease Downloads.