{"id":143069,"date":"2023-05-08T19:09:08","date_gmt":"2023-05-08T15:09:08","guid":{"rendered":"https:\/\/forbes.ge\/?p=143069"},"modified":"2023-05-18T19:19:52","modified_gmt":"2023-05-18T15:19:52","slug":"alta-blockchain-laboratory-expands-scope-to-foster-innovation-in-blockchain-across-industries","status":"publish","type":"post","link":"https:\/\/dev.forbes.ge\/en\/alta-blockchain-laboratory-expands-scope-to-foster-innovation-in-blockchain-across-industries\/","title":{"rendered":"ALTA Blockchain Laboratory Expands Scope to Foster Innovation in Blockchain Across Industries"},"content":{"rendered":"\t\t
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ALTA<\/a><\/span> is a laboratory for DLT (Distributed Ledger Technology) mass adoption and an accelerator of blockchain projects. Since 2015, the Lab has been focused on supporting startups and enterprises and provides tailored solutions to help them succeed in the sector.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201cAs a forward-thinking organization, we remain committed to enhancing our quality management system to align with the latest industry standards and metrics. Our unwavering dedication to this endeavor is driven by our vision to foster enduring partnerships with venture capital funds, private investors, and blockchain grantmakers. We recognize that the integrity of the cryptocurrency ecosystem is paramount, and we refuse to associate ourselves with any project that fails to meet our rigorous market metrics. Our stringent approach serves as a safeguard against unscrupulous projects that could tarnish the reputation of cryptocurrencies at large, while also strengthening our commitment to delivering exceptional value to our stakeholders.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"BATYR\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tBATYR AZIMOV<\/span>Chief Executive Officer<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The total number of cryptocurrencies in the world has soared to more than 20,200 in circulation, based on CoinMarketCap data in 2022, <\/span>Sourced by Capital.com<\/span><\/a><\/span>.<\/span><\/span><\/p>

The growth in the number of crypto projects on the market highlights the urgent need for support services that can foster sustainable development and scaling. As the crypto industry becomes increasingly competitive, comprehensive support services such as legal and regulatory compliance support and marketing expertise are becoming essential for success. The demand for these services is expected to grow even stronger as the market continues to evolve, and investors and entrepreneurs who can meet these needs are likely to be best positioned for success.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201cALTA provides web3 services to many international companies. The Design Department has developed hundreds of NFTs and unique solutions for Metaverse clients. The hope is that a robust ecosystem with infrastructures for all digital assets will soon emerge, making it possible to use this industry more efficiently.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"MAXIM\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tMAXIM SHISHKIN<\/span>Chief Design Officer<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With its network of industry experts, advisors, and mentors, <\/span>ALTA<\/span><\/a><\/span> helps funds identify and vet potential investment opportunities in the blockchain space. The program also offers resources and support to help startups refine their business models and prepare for fundraising, making them more attractive to investors looking for promising early-stage companies.<\/span><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201eOften a large amount of investment does not match the number of startups selected and many projects received more than they planned. As a consequence, many founders are unsure how to properly allocate funds and maximize their impact in order to increase their reach and capture a larger share of the market.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"Brandon\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tBrandon Crenshaw<\/span>Chief Business Development Officer<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Indeed, after market analysis, a significant number of projects fail the decentralization test, and even among those that do, the vast majority fail the crypto-asset test. Of those that remain, only about half were able to pass the business model test or require significant adjustment to create sustainable value. While blockchain technology is certainly evolving, it is important to weed out flawed ideas and develop projects that offer real value.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201eOver the course of the last eight years, our team has diligently assessed and scrutinized tens of thousands of concepts, only to identify and elevate a select few hundred ideas that meet our exacting standards. Within this industry, it is essential that haste and timing are balanced, and that the ever-changing supply and demand dynamics are met with careful consideration. Despite the blockchain's future trajectory being hard to predict and often underestimated, the continued maturation and diversification of this technology has made it abundantly clear that the possibilities for progress and expansion are truly limitless. If your business isn't in blockchain, you're not in business!\u201c\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"YAROSLAV\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tYAROSLAV IVANOV<\/span>Chief Visionary Officer<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The laboratory provides selected startups with a range of services, including mentorship, due diligence, effective marketing, outreach strategies, and connections to funds, investors, and launchpads, to help them scale their blockchain-based solutions and drive mass adoption of DLT technology. Through ALTA’s scaling and localization efforts, projects can gain visibility and increase their chances of climbing the top 100 rankings on CoinMarketCap or achieving global recognition.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\tInteracting with the audience in the crypto industry is much more complex compared to traditional markets. In the past, developers had to invest significant resources in educational programs to fully understand the industry and effectively promote their solutions. While white label solutions are now available, many companies still turn to us for guidance and support in navigating the ever-changing landscape of the blockchain industry.\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"OLEKSANDR\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tOLEKSANDR BABAK<\/span>Vice President of Creative<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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The legal aspect of blockchain and crypto-related projects is crucial when dealing with large corporations or funds. ALTA, as a consulting firm, assists global exchanges in localization and scaling their coverage by interacting with key authorities. Due to the constantly changing regulatory landscape, it is vital to have a comprehensive understanding of legal requirements and potential risks to ensure the success and compliance of any project in the blockchain and crypto industry.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201eIncreased attention to investments in this market is rapidly growing. Trends are changing and exchanges will soon become Web3 Banks. By providing licenses and communication with regulators for our clients we close the needs of all legal aspects.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"MAKSYM\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tMAKSYM SAKHAROV<\/span>Vice President of Business Development<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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ALTA utilizes a comprehensive and integrated marketing approach to enable startups and enterprises to attain their reach goals within the dynamic and rapidly changing crypto industry. Leveraging our vast global network, we provide valuable assistance in crafting effective worldwide outreach strategies that are attuned to the ever-evolving landscape of the blockchain industry, thereby ensuring maximum exposure and visibility for our clients’ projects. We employ targeted messaging and astute branding to efficaciously convey the value proposition of our clients’ offerings to the market.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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\n\t\t\t\t\t\t\u201eWith great influence comes great responsibility, especially in a volatile market like the blockchain industry. One fatal mistake can lead to a loss of trust from customers and result in failure. It is essential to prepare ideas thoroughly to avoid such a scenario. ALTA's Go-to-Market and Marketing Strategies have helped numerous startups achieve a significant boost in their project performance. Our tailored approach enables them to cope with the influx and correctly allocate their resources, making it easier to reach their goals.\u201d\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t
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\n\t\t\t\t\t\t\"ARTEM\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\tARTEM DUSHKIN<\/span>Chief Marketing Officer<\/span><\/cite>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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With such a vast experience in building global projects, you will undoubtedly find all the answers in ALTA. Consider all the different options that can take your project from the starting point to become a leader in the industry.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

ALTA is a laboratory for DLT (Distributed Ledger Technology) mass adoption and an accelerator of blockchain projects. Since 2015, the Lab has been focused on supporting startups and enterprises and provides tailored solutions to help them succeed in the sector. \u201cAs a forward-thinking organization, we remain committed to enhancing our quality management system to align […]<\/p>\n","protected":false},"author":615,"featured_media":143094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1747,1749,1736],"tags":[],"class_list":["post-143069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-business-en","category-partner-en","has-thumb"],"yoast_head":"\nALTA Blockchain Laboratory Expands Scope to Foster Innovation in Blockchain Across Industries • Forbes Georgia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dev.forbes.ge\/en\/alta-blockchain-laboratory-expands-scope-to-foster-innovation-in-blockchain-across-industries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ALTA Blockchain Laboratory Expands Scope to Foster Innovation in Blockchain Across Industries • Forbes Georgia\" \/>\n<meta property=\"og:description\" content=\"ALTA is a laboratory for DLT (Distributed Ledger Technology) mass adoption and an accelerator of blockchain projects. 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