Synthesis of solutions led the client to a monthly income of $30,000
The client's name, company and project name are not disclosed
In July 2022, a request came to us to create a wallet without custodial, but without publishing the source code online.
The client has been in the exchange business since 2015, and has now decided that it is time to enter a new era of development and connect new cryptocurrency solutions.
To launch a crypto business with the creation of a hybrid wallet in 4 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 developing 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 legal support. Konomic.com since 2007 cooperates together with Maria Agranovskaya and Vadim Kolosov, who are ranked by Chambers 2021 and Best Lawyers 2021, so it was no problem for our team.
Together with our partners, we obtained a cryptolicence in Madeira. This region of the Portuguese Republic offers a number of tax incentives. The new legal framework makes it compulsory for such entities to register with the Bank of Portugal, regardless of other licensing requirements.
After this phase comes the following:
- Software creation and refinement (2.5 months)
- Commissioning (3 weeks)
- Maintenance (up to now)