Raise funds in an efficient and compliant manner​

Challenge

Elrond is a highly-scalable blockchain for programmable money and unstoppable dApps.

alt was responsible for the private sale of Elrond before a public IEO on the Binance exchange. Elrond organized 1:1 discussions with potential contributors, while subsequent whitelisting would allow them to access the sale through alt‘s platform.

Solution

alt developed an email whitelisting solution. Today such a list can be directly managed by the project’s administrators. Elrond raised $2.5M on our platform and has reached a $10B market cap. Every contributor who invested $10K during the  ICO powered by alt is now worth $2M.

Challenge

Radix is the first layer 1 protocol specifically built to serve DeFi and the first project to require its own onboarding portal, using alt‘s API in “single-sign on mode” for its eXRD token sale in Q4 of 2020.

Solution

alt initially proposed a whitelabel portal but in order to match Radix specific workflow, alt worked closely with the CEO, CTO and CPO to build a dedicated KYC solution.

Challenge

Colu was an Israeli start-up dedicated to making cities thrive, using everyday interactions to drive social and economic progress. The dedicated app encouraged local payments, whilst rewarding positive actions with City Currency (CLN tokens). For logistic and economic reasons, in Q4 2019 Colu offered CLN holders a unique buyback program, proposing holders to redeem their CLN tokens in exchange for ETH, with a 8600:1 fixed rate.

Solution

alt performed due diligence services, by performing KYC/AML of incoming CLN holders and acting as CLN escrow holder before clearing the tokens to Colu who then performed the swap for validated users.

Challenge

LiquidApps mission is to promote mass scale adoption of decentralised applications (dApps), by introducing a set of technical solutions that make developing on blockchains substantially easier & affordable through the DAPP Network. LiquidApps wanted to operate a year-long token sale through daily auctions on the EOS blockchain. The project asked alt to leverage their onboarding platform to build a self-whitelisting solution for candidates.

Solution

alt developed a dedicated module and became de-facto compliance oracle for the DAPP auction whitelist on EOS.

Challenge

Olyseum is an innovative blockchain-powered social platform built to reward engagement, bringing fans and stars closer together. Olyseum required a trusted party to safekeep vested OLY tokens for a fixed period of three months. The tokens had already been approved by alt from an AML perspective.

Solution

alt initially offered to create a time-locked vault, but the project chose to go on with a multi-signature safe instead. The tokens were released on the scheduled date with alt as co-signator and broadcasting of the transaction.

Challenge

Arianee builds digital assets for customer relationships 3.0  Following the public sale of ARIA tokens, Arianee turned to Alt to perform KYC/AML of the investors who had purchased tokens.

Solution

Alt contacted Arianee’s investors and performed KYC/AML with 80%+ success cases. Buyers who didn’t pass were subsequently refunded by Arianee.