The Good Tech Companies - Why Ault Blockchain's Zero-Speculation Model Could Redefine How Layer 1 Networks Launch

Starting point is 00:00:00 This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Why Alt Blockchain's Zero Speculation Model could redefine how Layer 1 networks launch by Ashan Pondy. What happens when a diversified investment firm with roots in Wall Street and data infrastructure decides to build a blockchain from scratch, without selling a single token to the public? That is the question Alt Capital Group is forcing the industry to consider with the public test net launch of Alt blockchain, a layer one network designed for trade. settlement, and institutional grade-on-chain infrastructure. The timing is deliberate, according to Chain Ellisis' 2025 Global Adoption Index, North America

Starting point is 00:00:39 processed $2.3 trillion in cryptocurrency transaction value between July 2024 and June 2025. The blockchain in financial services market is forecasted to exceed $16 billion by 26. Yet the actual blockchains built for institutional finance, rather than retrofitted for it, remain thin. Alt is positioning itself in that gap, but is the approach different enough to matter what Alt blockchain actually is. At its core, Alt blockchain is a Cosmos SDK-based layer one with full Ethereum virtual machine, EVM, compatibility. Cosmos is an open-source framework used by over 200 chains in production, including networks operated by Ripple, Ondo Finance, and Japan's Progmat Banking Consortium. Think of Cosmos as a toolkit that lets developers build their own

Starting point is 00:01:29 blockchain and connected to others through the inter-blockchain communication. IBC protocol, which has zero hacks in over five years. EVM compatibility means any Ethereum smart contract runs on Alt without modification, giving developers access to the largest existing ecosystem of blockchain tools. The network is governed by Alt-Dao, structured as a Wyoming Dow LLC, one of the few legal frameworks in the United States that grants legal standing to aid centralized autonomous organization. This means Alt Dow can hold assets, enter contracts, and operate within a recognized legal wrapper. Onchain governance manages protocol parameters, validator participation, and upgrades. The public test net is now live for evaluating core network functionality, validator performance, and infrastructure design.

Starting point is 00:02:18 An initial protocol security audit has been completed, with validator onboarding and broader ecosystem testing underway before Maynet. No token sale, no speculation. So how does this work? This is where Alt blockchain diverges from most layer 1 launches. There will be no public token sale, no ICO, no presale rounds. The native Alt token will be distributed exclusively through a protocol-controlled emission schedule. Instead of buying tokens and hoping they appreciate, participants must contribute to the network's operation to receive them. That includes proof-of-stake validators who secure consensus and earn transaction fees,

Starting point is 00:02:55 and licensed mining nodes, authorized to perform off-chain services. like cryptographic randomness generation at launch. Milton, Todd, Alt 3, founder and executive chairman of Alt Capital Group, explains, greater than alt blockchain was built the opposite way most networks are built. We started greater than with real financial use cases and then designed the blockchain to support greater than them. Participation is based on defined roles and verifiable work, not greater than speculation, with transparent economics that are meant to support long-term greater than network health from day one. This approach addresses one of the loudest criticisms in blockchain that most layer one token distributions benefit early insiders and speculators

Starting point is 00:03:37 rather than the people building and securing the network. Whether this model holds under real market pressure as the question the test net and eventually Maynet will answer. Who is behind the build? Alt Capital Group is led by Milton, Todd, Alt 3, a Wall Street veteran with over 30 years across equities, fixed income, and real estate. In mid-20205, Alt stepped down from hyperscale data, NYSE, GPUS, to focus on Alt- Capital Groups portfolio spanning private credit, AI software, defense, and blockchain infrastructure. The technical partner roster carries weight. B Harvest, founded in 2018, is the primary development partner known for building the Gravity Dex liquidity module for Cosmos Hub before being acquired by tendament. Zangle handles block explorers, QuickNode provides

Starting point is 00:04:27 RPC infrastructure, and Protofire supports safe-related tooling across EVM environments. What comes after the TestNet? At Mainet Genesis, Alt-Blockchain will launch with core protocol modules, EVM compatibility, an initial validator set, and on-chain governance. The post-launch roadmap includes spot trading on decentralized exchanges, lending services, and perpetuals trading. These are workloads being explored as the network matures, not confirmed timelines. This phased approach mirrors what worked for ecosystems like Cosmos Hub itself, which expanded gradually from basic staking to IBC to defy applications over severe years. Many layer one projects have stumbled by shipping everything atons,

Starting point is 00:05:11 and Alt appears to be taking the slower, more deliberate route. Final thoughts, Alt blockchain's test net launch is not a revolution. It is a calculated in Triento a market moving toward institutional blockchain adoption but still lacking purpose-built layer one infrastructure. The no token sale model, the licensed infrastructure framework, and the Dow LLC governance all signal a project built for a different audience than the typical crypto launch. The real test comes at Maynet. A test net proves the code works.

Starting point is 00:05:40 It cannot prove whether validators will show up, developers will build, or institutions will trust a new chain with their capital. If Alt delivers on its roadmap and maintains the discipline of its emissions model, it has a shot at carving outreal space and institutional blockchain. For now, the test net is live and the market is watching. Don't forget to like and share the story. This author is an independent contributor publishing via our business blogging program. Hacker Noon has reviewed the report for quality, but the claims here and belong to the author. Hashtag D.Y.O. Thank you for listening to this hackernoon story, read by artificial intelligence.

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The Good Tech Companies - Why Ault Blockchain's Zero-Speculation Model Could Redefine How Layer 1 Networks Launch

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