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                    SUPER HOW? SUPER HOW?
has grown to become
                  
                    Lithuania's leading private
research and development lab
                  
                    focusing on DARK distributed
ledger and blockchain,
                  
                    Artificial Intelligence,
                  
                    extended reality and quantum
computing technologies.
                  
                    Established in 2014, SUPER HOW?
                  
                    has already achieved many
things that strongly
                  
                    signaled its intentions to be
                  
                    a trusted business within
crypto and traditional markets.
                  
                    For example, internationally,
                  
                    SUPER HOW? actively participated
                  
                    when establishing INATBA,
                  
                    International Association of
                  
                    Trusted Blockchain Applications,
                  
                    which unites developers and
                  
                    users of the
technology in Europe,
                  
                    North America, Africa, and Asia,
                  
                    aiming to create a dialogue
with policymakers.
                  
                    In this way, the firm signaled
that as an innovating company,
                  
                    they are also willing to
                  
                    bridge perspectives
and co-create
                  
                    new business and
regulatory environment
                  
                    that protects various
industry participants.
                  
                    Locally, in their country
of establishment,
                  
                    SUPER HOW? team of
blockchain professionals
                  
                    contributed to the development
                  
                    of Lithuania central banks,
                  
                    LB coin, the world's first
                  
                    blockchain-based
digital collector coin.
                  
                    They have also worked on
                  
                    many other projects together
with the Central Bank.
                  
                    This way, eliminating
false perceptions that
                  
                    blockchain-based
business is only
                  
                    about the illegal
crypto operations.
                  
                    The project SUPER
HOW? Art has intended
                  
                    to bridge virtual and
physical elements.
                  
                    SUPER HOW? collaborated with
                  
                    several worldwide
known artists to
                  
                    bring their physical art
to the digital world.
                  
                    This helped addressing frequent
critique directed to NFT,
                  
                    non-fungible tokens
related projects.
                  
                    In 2022 SUPER HOW? was awarded
                  
                    as authentic innovator of
the year in Lithuania.
                  
                    Finally, the management team
                  
                    of SUPER HOW? are involved in
                  
                    various educational
events, conferences
                  
                    discussing blockchain-based
business practices,
                  
                    values, and the
industry developments.
                  
                    On the social media,
                  
                    the firm is very vocal about
                  
                    differences between the
good and bad practices,
                  
                    about the volatility
of the industry and
                  
                    other aspects of the
blockchain-based businesses
                  
                    that are typically critiqued.
                  
                    All these
above-mentioned actions
                  
                    helped SUPER HOW? to
legitimize through
                  
                    reputation and
strategically address
                  
                    formal institutional voids
in the country and region,
                  
                    and informal institutional
voids in the industry.
                  
                    In other words,
because SUPER HOW?
                  
                    operates in the
blockchain-based business,
                  
                    in which there is lack of
shared industry practices,
                  
                    they work on promoting
                  
                    good practices through
communication or by working
                  
                    on building institutions
that would promote
                  
                    good practices among the
industry participants.
                  
                    Because the region and the country
have a lack of established regulations
                  
                    for the blockchain-based
business,
                  
                    SUPER HOW? intensively conducts
                  
                    industry-related
experiments together with
                  
                    trustworthy institutions,
                  
                    such as the National
Bank in the country,
                  
                    encouraging other industry
participants to search for
                  
                    collaborative solutions between
                  
                    centralized and decentralized
connectivity mindset.
                  
                    Collaboration with well-known
artists, influencers,
                  
                    and alike helped maintaining
good reputation and strengthen
                  
                    their strategic
positioning while
                  
                    the needed practices and
institutions are being built.
                  
                    Now, let's turn to
the second example.
                  
                    The firms that adopt
                  
                    the tactics accepting the
power of institutions
                  
                    as their strategic response to
                  
                    the institutional voids in the
blockchain-based industry.