Enter a new market with us and let the world know your ideas
The client's name, company and project name are not disclosed
In August 2022, we were asked to create a centralised wallet with advanced security standards and NFT asset mapping. The founder had his own business in Paris, he and his partners are in real estate.
To enter a new market with a unique product that has contiguity with an existing business, in 5 months.
How did we do it?
Before signing a cooperation agreement, we held 4 video meetings with the client. We identified the requirements, discussed the commercial proposal and a preliminary estimate.
Then Konomic.com team started to develop the necessary project documentation: Roadmap, PID, Product/System Requirements, (SRS), Architectural documentation, Development plan, Release Notes, etc.
This first step is necessary to initiate the project. Our experts did it in 2.5 weeks.
The peculiarity of this project was that we also needed help with legal support. Konomic.com since 2007 cooperates together with Maria Agranovskaya and Vadim Kolosov, who are listed in Chambers 2021 and Best Lawyers 2021, so it was not a problem for our team.
Together with our partners, we obtained a cryptolic licence in the US. Acceptance of virtual currencies by individual outlets started a good decade ago in this country - the existence of a legal framework and licensing procedure for cryptocurrency business in 2022 and 2023 is not surprising.
This step is followed by the next ones:
- Software creation and refinement (2.5 months)
- Commissioning (1 month)
- Maintenance (up to now)