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You want to ensure that your team is built with top-tier talent.

Cultivating a skilled team means knowing the right time to pursue team growth. Before we dive into growth hacks, let’s discuss how companies tackle expansion issues.

The most common times for businesses to seek growth are when they are:

  • Ramping up for their busy season.
  • Tackling new digital product projects.
  • Readdressing issues on existing platforms.
  • Looking to rebrand or redesign their company website or product UX.

Preparing for expansion is as much of a balancing act as it is a strategic process. You want to spend time finding the right employee for the job, but you also want to avoid postponing deadlines. …


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Initial coin offering (ICO) databases illustrate how branding, marketing, and the UX of digital interaction can play a significant role in the success of an ICO website. Actively raising a blockchain project requires as much strategic planning as it does technical expertise.

In this article, the Jakt team weighs in on the elements necessary for designing and developing a promotional website that conveys project intent, builds trust, and demonstrates value.

For clarity, we will refer to the act of raising funds to develop a blockchain project via crowdsourcing in this article under the umbrella classification as ICO or Security Token Offering (STO). …


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Four years after Bitcoin went live in 2009 with a mining reward of 50 bitcoins, J.R Willet launched the internet’s first initial coin offering (ICO), for Mastercoin (now called Omni). The project is noted for its white paper, which proposed a way to improve ICO UX.

This modification allowed for higher level protocols for contractions and new currencies. ICOs would no longer have to create a new blockchain, new protocols, or new rules.

Willet coined the term “ICO” in 2012 and launched the first initial coin offering in 2013 with the launch of Omni. A bounty system was set up with a prize share of 180 BTC (bitcoins) and was paid out to five developers. …


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As blockchain enters innovation roadmaps, industries are leveraging the technology to solve big problems. Fintech blockchain application have surpassed growth expectations, with 77% of financial services expected to adopt blockchain in some form by 2020.

Fintech blockchain projects prioritize more than just UI improvements. Blockchain UX is also dependent on a solid backend for:

  • Platforms
  • Exchanges
  • Websites
  • Applications

We’re slowly starting to see more fintech companies adopt blockchain. Banks, like CitiBank, are embracing cryptocurrency to give customers more secure payment options. Tech innovators are using fintech blockchain to automate supply chains, authenticate ownership, and asset transfers.

Below we talk about the advantages and risks of fintech blockchain, as well as how user experience comes into play. …


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The phrase “data is the new oil” was coined by the mathematician, Clive Humby, as a retort to the growing reliance on collecting and utilizing user data in the design and development of digital products. As big data and analytics trend in influence on digital strategy, data has become an increasingly important design resource.

Tech-enabled companies and healthcare giants, among many others, implement data governance to ensure effective capture, storage, control, and exportation of customer data. On the consumer side, many people are not fully aware of the extent that their browsing histories and app usage are tracked. …


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A guide to applied machine learning

The first computer created in a German living room in the late 1930s. As governments and corporations entered the race to build machines with ever increasing goals on computational power and task diversity, the technology proved expensive, enormous, and provided trivial levels of computational power and ability when compared to the modern day iPhone.

Jump forward to 1969, when NASA used computers to assist in landing a man on the moon. The smartphone in your pocket has millions of times more computing power than the entire space command and shuttle combined. …


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Blockchain is gaining attention in mainstream media while amassing a cult following of early adopters. Sensational news demonstrates, that for some companies like Longfin, Kodak, or Long Blockchain (formerly Long Island Iced Tea) that acquisition of a blockchain company, announcements of token offerings, or company name changes signaling intent can send stock values soaring.

Diving deeper than hype and speculation, blockchain is still in infancy. Significant barriers to adoption of blockchain fall on accessibility and user experience. …


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If you dig into resources like research.ibm, there is a wealth of knowledge on quantum information theory, quantum chips, and quantum computing basics. The use cases presented for quantum computing tease breakthrough revelations, such as the creation of new medicines or developing better synthetic materials. The guides, filmed lectures, and infographics all hint towards a brighter future. There are plenty of excellent sources sharing how quantum mechanic researchers are using a photon of light to make credit cards more secure, or about how quantum cryptography will usher in the next era of cybersecurity.

However, quantum cryptography (using physics instead of mathematics to encrypt) has been hacked on a commercial level through an “intercept and resend” attack….while gaming assumptions and leaving the affected parties none the wiser. There is a rise of publication rates for articles that predict the end of blockchain security with the onset of quantum computing, but they are one step behind and missing the elephant in the room. Current encryption methods don’t stand a chance while blockchain does. …


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“Blockchain is essentially just a database. It’s something to build solutions on, not the solution itself. When you think of it, the actual back-end of a piece of software has never really mattered to the end user.

People don’t care if you’re using a MySQL or PostgreSQL database or using a backend as a service like Firebase, nor do they care what languages and frameworks you use. All they care about is that it works and the experience is frictionless.

The best blockchain projects will be the ones that create new solutions that weren’t possible before blockchain but that are also designed and built so well that the user cannot tell blockchain is powering the solution at all.”


Our Third-Quarter Financial Results and Highlights

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Image courtesy of Unsplash.com

Be radically candid.

That’s one of the seven statements that define the culture we’re building here at Jakt. It’s part of what we do internally and externally, with our partners and with each other.

Part of that candidness comes with being vocal about both our successes and our failures. We want to be honest when things go our way, and equally vocal when we have opportunities to learn and improve on our company. You’ll see both in the third-quarter financial results below.

Jakt’s 2017 Third Quarter Results

During the third quarter of 2017 (3Q17), Jakt’s revenue was $372K and 30% below our $550K target. These results compare to $279K during 3Q16, up 33% from the year-ago quarter, and $494K during 2Q17, down 25% sequentially. The sequential revenue decline was driven primarily by one delayed customer project, slated to start during the third quarter and pushed to the current quarter. …

About

Jakt

Digital innovation studio in NYC. www.byjakt.com

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