Online Coin Offering App

It is a platform that works as a crowdfunding mechanism for the marketplace and helps investors to make substantial gains quickly.

The application enables marketers to invest usually by means of cryptocurrencies like bitcoin and ethereum as a part of an ICO.

  • Country United States of America
  • Service Blockchain
  • Industry Multiple
  • Share

Process Followed

Our process of developing an app is very simple yet comprehensive. We begin with identifying the requirement of the app and how feasible we can make it for users so that they can get the maximum benefit out of it. After that, we conduct thorough market research and come up with the desired result in the end.

  • PROBLEM IDENTIFICAION
  • FEASIBILITY STUDY
  • SOLUTION IMPLEMENTATION
  • CHALLENGES
  • FINAL OUTCOME

Problem Identification

Most investors want to make investments in such a way that they get sky-high returns. What could be better than opting for an advanced digital way to invest i.e. ICO based investment.ICO marketplace opens the door for retail investors who wish to invest in growing startups that allows transactions through cryptocurrency- Ether & Bitcoin.

  • Building optimum models for cryptocurrency token
  • Allowing multiple cryptocurrencies to transact through
  • Implementing a crowdfunding mechanism through cryptocurrency
  • Initiating digital and unique mode of investment

Feasibility Study

It was observed that there is a business requirement of an ICO marketplace that would be built in the form of a web responsive mobile application. The customer was particular about using Ethereum as a Blockchain network where the cryptocurrency- Bitcoin or Ether were to be used for the exchange of products and services purchased.

  • Users can pay online with a cryptocurrency payment gateway
  • To propose a crypto-based investment marketplace
  • Building a wallet for a secured and seamless transaction
  • Adding transparency to operations
  • Promoting Ethereum crypto as a medium of value exchange

Solution
Implementation

User research

We conducted user research before starting the process of developing the solution because the user experience survey, done on a product or a service, is a great way to incorporate a successful project.

Product discovery workshop

A product discovery phase is an absolutely crucial step in either creating a new product or revamping an existing one. We organized the workshop with an intention to make our development team understand the vision of the product, identify the client's needs and expectations as well as to discuss the methodology that we are all going to follow while developing the solution.

In order to develop a fruitful product, a product discovery workshop is the main course of action the company plunges in so that we, as a team, can carefully bring the idea to life and focus on important elements to work upon. This session helped us understand overall project requirements and furthermore worked as a doubt clearing session for both the development team as well as the client.

Competitor Analysis

The financial services industry has grown rapidly over the years and this is why the investment market has gone way more competitive. Therefore, to understand our competitors’ market behavior, we carried out the interpretive analysis.

The Challenges

Building an app that lives up to the client's expectations is itself a huge task. The development phase also goes through various levels of designing out of which some appear challenging as well. Here at QSS, we faced below challenges while developing ICO app -

  • Developing a user-oriented platform
  • Pre-defined solutions for start-up projects fundraising
  • Ensuring safe login as well as secure and transparent online transactions
  • Automated system for safe login & control frauds
  • Recording all the transactions in a validated ledger

Final Outcome

After cataloging the challenges, we created a cross-platform web responsive mobility application keeping support and platform guide in mind. We also paid attention to crypto payment gateway integration in the developed solution.

  • Integrate payment gateways for cryptocurrency as well as fiat money
  • Potential investment and token sales for the investors
  • To implement a marketplace that offers faucet and airdrop services
  • Token generation (Utility and commercial)
  • Transactional reports, event and dispute management
  • Initiate open ICO based platform for every potential investor
Information Architecture
Technology Stack
React Native

React Native

AWS Ecosystem

AWS Ecosystem

Node.js

Node.js

truffle

truffle

Ganache

Ganache

My SQL Server

My SQL Server

Ethereum

Ethereum

ReactJS

ReactJS

Web3.js

Web3.js

Solidity

Solidity

BitMax

BitMax

ERC-20

ERC-20

This app has changed the whole concept of the investment marketplace. This was much needed and I am glad that I use this platform for all my investment.

Anonymous
Anonymous Co Founder
Rating
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