Implemented project

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.

SMART objective

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 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. 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)

Result of Development

The e-wallet works with fiat and digital assets and supports BTC, ETH, LTC, CRPT and other popular cryptocurrencies. To open an account, you need to register on the project website.

The solution enables customers to transfer money directly between their wallet and their bank account, securely storing their funds in a multi-coin portfolio, protected by 7-factor authentication for increased security.

A cryptocurrency wallet can be either local, mobile or browser-based. But the app is more convenient and in demand for installation on a personal computer: you store the private keys, there is a second level of protection in the form of a PIN code that is entered every time you open the program.  What's more, the service supports the Touch ID option for quick login into your account, and by signing the transaction all information about the transaction appears in the extension window. The smart contract that is interacted with is automatically checked for risk.

Bottom line

58 000$

Development costs including legal and business consulting

190 000$


Service generates $30,000 a month in revenue from trading commissions for the parent company. The application is currently used by more than 300,000 people.

Unit Economic Indicators



Earnings Before Interest, Taxes, Depreciation and Amortization

Increased by 25% after 3 months compared to previous figures, thanks to fees for transfers and exchanges within the cryptocurrency wallet



Average Revenue Per User

Increased by 57%, which means that average revenue per user on the platform increased by 57% due to the stimulation of user activity through seamless payments and transfers functionality within the cryptocurrency wallet



Transactions Per Day

The number of transactions per day increased by 3.5 times due to the seamless payments and transfers functionality within the cryptocurrency wallet



Return on Investment

Return on investment in the cryptocurrency wallet module after 9 months was 45%, and the cost of just the technical implementation was able to pay off already in 6 months.

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