Blockchain and cryptocurrencies have been around for over a decade now and in that time, they have gained wide adoption, first in finance as investable assets and later in every other industry. Many of the world’s biggest giants are now actively exploring blockchain or have invested in crypto, from the likes of Google, Microsoft and IBM to Tesla, Goldman Sachs, Alibaba and Walt Disney.
A study by Blockdata last year found that 81 of the top 100 companies are exploring blockchain, with 27 of them having fully-functional live products.
Despite this wide adoption, blockchain has yet to become demystified and easy for everyone to use. Some experts have compared blockchain today to what the Internet was in the early 2000s. Back then, Google had been around for just a couple of years, Amazon was still known only as an online bookstore, Apple had yet to make the first iPhone and Facebook had yet to launch.
For most people and even smaller enterprises, blockchain can be a mystery. Some might even have great blockchain developers in their ranks but how to mitigate the industry, what products resonate with users, how to market their products, which blockchain network to turn to – all these can be daunting questions.
This is where blockchain and cryptocurrency consultants come in. These experts have amassed years of knowledge and experience in the sector and help their clients navigate the rapidly-evolving sector, allowing such clients to focus solely on building their products.
As in any other industry, consultants in the blockchain sector offer advice and expertise to their clients to help them improve their business performance, outdo their competition and optimize their products.
Blockchain consultants help their clients in:
Once you have identified the benefits that a blockchain consultant brings your way, it’s important to find out what you should be looking for as you navigate the field. With consultants, it’s critical to be extra careful in your selection. This is because the industry isn’t regulated and you can end up selecting an inexperienced or unscrupulous team of consultants who can very easily drag you to the ground.
Some of the qualities to look out for in a blockchain consultant include:
Coinboosts is the leading blockchain and crypto consulting service in the market. The agency hosts some of the leading crypto and NFT experts who provide you the A-Z blueprint to grow your project and take your product to market.
The company has a wide network that give it unique insight into what works in crypto, what positions a project for success, the areas to target and the branding required to attract the right attention that converts to sales, what to modify in your project and much more. Beyond the core product, Coinboosts also gives you feedback on your social media presence as well as website and brand presence, positioning you for success.
Coinboosts has worked with leading projects, most of whom have gone on to hit their targets and achieve significant milestones. The firm also allows you to white-label its services for added authenticity to your project.
You can easily get started by reaching out to Coinboosts for crypto, NFT and blockchain consulting services and take your project to the next level.
Bitdeal is yet another reputable blockchain consulting agency. The company, which has been around for about 10 years, has several in-house developers who engage in building the metaverse, NFTs, DeFi platforms, crypto and blockchain projects and more. They deal with a wide range of programming languages from Java to PHP to Go and more.
Bitdeal has deployed applications on over a dozen blockchains including Solana, Polygon, Ethereum, Tezos, TRON, Fantom, Avalanche and more. While it initially focused on exchange platform development, it now caters to smart contract deployment, blockchain game development, tokenization and more.
If your blockchain project is serving clients in the exchange, wallet, custody or other finance-related fields, you can’t go wrong with AlphaPoint. Touting itself as the white-label platform for exchanges and brokerages, the crypto consulting agency is renowned for building cutting-edge solutions for its clients in this specific sub-sector.
AlphaPoint has worked with leading firms including the CME Group, Coinext, BitPoint LatAm and even El Salvador’s national BTC wallet Chivo. It builds exchange technology, liquidity solutions, custody products such as wallets, and yield products for DeFi providers.
While it’s one of the best in what it does, AlphaPoint is restricted in regards to its scope. If your project doesn’t target exchange, wallets or custody, then this might not be the firm for you.
Launched in 2015, Applied Blockchain has become a major player in the blockchain consulting industry. It offers diverse services ranging from DeFi to NFTs and Web3. It boasts of having developed dozens of NFT marketplaces for famous artists and deploying them on Ethereum, Algorand, Solana, Polygon and more.
Applied Blockchain executives are thought leaders who contribute to global industry events and whitepapers with several keynote presentations. They also contribute to and are often quoted by major publications. Among the clients they have worked with include Dutch air carrier KLM, Japanese auto giant Toyota, British banking conglomerate Barclays, global oil giant Shell and the United Nations.
In addition, the firm has been recognized by Gartner amongst the Top Global Blockchain Development and Consulting Firm for 4 consecutive years (2017-2020).
Based in Palo Alto, Calfornia, HashCash Consultants is a global blockchain consulting agency that has expanded to other IT services in the recent past. It caters to banks, payment networks, fintechs, corporates, global merchants and more.
HashCash combines blockchain technology with other emerging technologies such as big data, the Internet of Things (IoT), artificial intelligence (AI) and more.
In addition to the usual blockchain services, it helps its clients with NFTs, ICOs, central bank digital currencies (CBDCs), utility coin offering, smart contracts deployment and more. The firm, which even operates its own crypto exchange, can take anywhere between 12 and 28 weeks to fully implement a blockchain solution for its clients.
ConsenSys is known for many things, from being one of the biggest Ethereum incubators to being founded by Ethereum co-founder Joseph Lubin. However, it’s also one of the biggest blockchain and crypto consulting agencies in the world.
Consensys has demonstrated its ability to deliver by developing some of today’s most impactful products such as MetaMask, one of the most popular Ethereum wallets and Infura, a Web3 backend infrastructure-as-a-service which is used by over 400,000 developers today.
The New York-based company is very well connected in the space, with its leadership being some of the founding members of the blockchain industry. In addition, it has a wide network of powerful clients, ranging from IBM and Société Générale to several central banks. While this can prove beneficial to your project, ConsenSys might not be well-suited for smaller projects that have a limited budget and with a smaller target audience.
With most companies on this list, their expertise is in blockchain and related technology. However, Ernst & Young isn’t a tech-focused consulting agency. Rather, it’s a global professional services firm which, together with KPMG, Deloitte and PwC, is considered one of the world’s Big Four accounting firms.
The London, U.K-based firm is a big player in the blockchain industry as well. However, its services are more suited to companies that are not already advanced in the development of their products. If you’re looking for a crypto consulting agency that can offer you preliminary research on the market, guide you on who to target, optimize your product before it hits the market, walk you through the risks of blockchain integration and how to mitigate them and other related services, E&Y may be the firm for you.
E&Y’s blockchain consulting services are led by Paul Brody, a seasoned tech professional who previously served as the vice president of mobile and IoT at IBM for 12 years.
As with many top blockchain consultants, LeewayHertz started out as a software consulting agency but has since shifted to focus on blockchain and crypto. It works with startups from ideation to selecting the right protocol to taking it to the market, deploying applications in NFTs, Web3, metaverse and more.
The firm relies on a number of tools, some in-house and some industry-wide, to serve its clients and today, it has developed applications targeting healthcare, media, identity management, supply chain management, lending and more.
Established seven years ago, CryptoConsultz is led by Nicole DeCicco and in addition to doing blockchain consulting for its clients, it conducts a lot of blockchain education.
DeCicco launched CryptoConsultz after she lost 323 ETH back in 2016 to a hacker, which at the height of the bull market was worth $1.5 million. She claims to have realized just how important it is to educate the masses and demystify blockchain for the people, leading her to open CryptoConsultz.
Some of its blockchain consulting services include portfolio management, crypto security and organizational advisory services. It boasts of having served over 200 clients, with 15 strategic partners.
CoinFabrik has made a name for itself over the years as a trusted crypto and blockchain consulting agency. Unlike many of the others on this list, the firm is based in South America, specifically in Buenos Aires, Argentina.
The firm offers smart contract audits, decentralized solution development and much more, with some of its clients including Chilliz, Algorand, Decentraland, Aeternity, Xapo and Telegram.
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