By following simple business rules in Web3, you will be surprised at the vast opportunities that this industry can provide. Joining the internet in the 90s, when everything is just beginning, and the rules are being written along the way.<h2 id="header-0">Opportunities in the cryptocurrency market</h2>Every year, the cryptocurrency market becomes increasingly accessible for launching and fundraising for new ideas, which contributes to mass adoption. In fact, it is now easier to raise up to $10 million for a crypto project than to open a profitable restaurant.The entry threshold for founders is becoming lower due to easy-to-use tools for creating any task using aggregators and AI, making project creation and launch easier. Since 2015, the <a href="https://altalab.io" rel="noopener noreferrer nofollow">ALTA</a> blockchain laboratory has provided a comprehensive range of services to solve all issues from founders of crypto projects, corporations applying DLT, private investors, and VC funds seeking to invest in this industry, to large projects ready for localization and scaling.As a strategic director, I have witnessed how people received millions for their projects but were unable to cope with the investments as they often exceeded expectations and caused panic among the founders who did not plan for such large budgets. This game of crypto monopoly is just beginning, and opportunities for creators and innovators are becoming easier every year. However, that doesn&#39;t mean you should wait for the right time. You should prepare your project as soon as possible because you don&#39;t know when the next bull market will come.The cryptocurrency market offers broad opportunities for creators and innovators. With easier access to financing and support, opportunities for growth and success are limitless.<h2 id="header-1">Get Ahead of Time</h2>It&#39;s still relatively easy to make a name for yourself in this industry, and there is a place for each of your ideas to shine.An important piece of advice for all founders is not to implement all of your project plans right away. Your project is like your child, and you don&#39;t need to send it to kindergarten on its second birthday. Sometimes, building a community and establishing social connections are not the most important factors. Preparing and strategizing your path is what matters most. What&#39;s important is that you understand that you can make it happen, and that you&#39;re capable of seeing it through to the end. Everything else should be matured over time.• Build a team that is as large and experienced as possible.• Create an attractive brand.• Describe your idea, business model, roadmap.Leave the rest to professionals from the industry who will help you to package your idea for this wild market, which is unlike any other. Many companies make the mistake of turning to web 2.0 agencies that create strategies based on their experience gained outside the web3 market, and this blunder is often committed by founders. Although some actions may be similar, offers, outreach to the audience, incentives, and sales funnels are categorically different.By adhering to these rules, you can win time and launch your project as effectively as possible with the right approach based on years of experience, trials, and errors of thousands of projects.• In the beginning, don&#39;t aim to release everything at once and don&#39;t take actions that require more than three weeks of the team&#39;s time.• Treat your project like a child and avoid rushing it to &#39;maturity&#39; by forcing it to work or perform beyond its capabilities.• Avoid interacting with agencies that have no experience working with blockchain projects.• Only consume information from those who have survived the crypto winter and remained afloat.By collaborating with experimental laboratories, you can acquire valuable experience that has already cost millions of dollars. Our Blockchain Accelerator provides support at every stage of growth, empowering you to focus on your responsibilities and pursue your vision with a passion.<h2 id="header-2">Get funding for your Web3 project on the crypto market.</h2>The crypto industry is currently in its incubation stage, with many challenges and scams plaguing the market. However, as an ambitious entrepreneur, you should not let this discourage you. Persistence and patience are essential traits for success in this industry.The market is currently saturated with investors, and record-breaking amounts of investment are being made every quarter. Our blockchain accelerator, <a href="https://altalab.io" rel="noopener noreferrer nofollow">ALTA</a>, has already helped hundreds of projects secure funding, and <a href="https://docs.google.com/forms/d/e/1FAIpQLSdOU_xirzAqyL0H3WfkD1fJnyIuafwV1U8IU7doGol2YlogiA/viewform" rel="noopener noreferrer nofollow">you can apply by filling out the form</a> on our website. To increase your chances of success, study successful fundraising cases and start with the Pre-Seed round. This stage is highly competitive, and all funds you raise or invest must go towards preparation and expertise. This will help you make a better impression on potential investors or VC firms. Neglecting preparation and expertise can reduce your chances of success to one in ten thousand, so it&#39;s crucial to do it right.Now is the time to start creating your Web3 project, as the trend towards this industry is rapidly growing. Nevertheless, with this growth comes increased competition, and your competitors&#39; financial opportunities will be one of your main challenges in this race for success. On average, founders start their projects with $50-100k, and the first round usually closes between $600k and $3 million. With the right fundraising strategy and market entry, you could raise up to $10 million after public sales. This should be enough to implement your idea for the next 3-5 years. However, it&#39;s important to continue growing and improving your business model to secure more significant investments in the future<h2 id="header-3">Web3 - a new reality that cannot be avoided.</h2>According to the new philosophy, the opportunity to earn money and build businesses should shift from large corporations and institutions to ordinary people. To achieve this, the crypto ecosystem already has all the necessary components:Talents: a huge number of ambitious young developers create new solutions in cryptocurrencies, often devoting entire nights and weekends to this.Capital: the volume of venture capital and investments in crypto startups has increased over the years.Timeliness: the necessary infrastructure was created during the last &#34;bear market&#34;. This has facilitated the development of Web3 in both social and practical terms.No matter what happens in the blockchain industry - whether it&#39;s a FUD, fake news, attacks, excitement, stagnation, bear markets, or bull markets - it doesn&#39;t change the fact that the global perspective of blockchain mass adoption worldwide and the recognition of Bitcoin remain strong. Eight years ago, I formed an opinion that Bitcoin is irreplaceable, whether fortunately or unfortunately. This is why I find it challenging to trust anything else in the crypto market or the entire financial space that our world offers us, aside from Bitcoin.However, it&#39;s important to acknowledge that there are many other innovative and valuable projects in the blockchain and crypto space. While they may not be able to replicate Bitcoin&#39;s success, they still have the potential to bring significant value to the market and change the way we think about finance and technology.As the industry continues to evolve, it&#39;s important to keep an open mind and stay informed about new developments and advancements. With careful research and due diligence, investors can identify promising projects that have the potential to grow and succeed in the long term. While Bitcoin may remain the leader in the market, it&#39;s essential to remain flexible and adaptable to new opportunities that emerge.

Raising Funds for a Blockchain Startup in the 2023 Crypto Market: Insights from Yaroslav Ivanov

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ALTA

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