SeedBox
Seedbox is a custom decentralized finance platform that has been developed for a cryptocurrency venture investment company.
Introduction
Seedbox is a group of investors and people interested in cryptocurrencies who decided to create a new type of initial investment in the crypto market. Idealogic, a custom software development company, assisted them in the enhancement of the concept of DeFi ecosystem that enables the zero-day coin launch investments and presents clear and uncomplicated services to the clients. This was followed by the transformation of the idea into a real product with the help of our competencies in blockchain technology and financial platforms.
Business Challenges
To materialize such an audacious idea, we have began with the examination of the go-to-market strategy given to us by the Seedbox team. Here, we used our team’s deep knowledge of crypto investments to properly position Seedbox in this rather saturated and potentially risky crypto space. The other facets were then conducted as follows.
Comprehensive Platform Development
It was essential to create a platform of investments in fiat and cryptocurrencies where the investors have their individual wallets for the venture investments.
Regulatory Compliance and Security
The assignment for us was to guarantee that the created platform complies with security and the legislative demands with focus on the KYC solutions.
User Experience and Engagement
While designing the interface for the typical user, we had to take in mind that investors differ in their level of knowledge and familiarity with the platform.
Solutions
The strategy was based on the principles’ continuity of professionalism of programming and design, and the active involvement of all the members of the internal team and Seedbox representatives in the development phase.
Collaborative Product Development
Idealogic partnered with the company right from the idea stage, the Product Requirement Document was prepared in collaboration with the business analysts, the product architects, and Artem Zaitsev, the VP of Engineering.
Customized User Experiences
Thus, the platform configuration enables satisfying several user needs related to a particular landing page, the user profiles with the integrated KYC tools, the real-time assets availability, and the list of cryptocurrencies for the investment pool, which changes dynamically.
Advanced Technology Integration
We employed the use of advanced technologies in the creation of our applications, some of these include Ethers. js, Web3. js, Redis, React. js, Solidity, Adonis and PostgreSQL to make a secure and efficient DeFi platform blockchain technology and financial platforms.
Result
Collaborative efforts resulted in the development and subsequent release of an MVP, which was well received by the target audience. Client tiers were added, along with a loyalty point system, a referral system, enhanced governance functionalities, all of which improved overall interaction. This foundation enabled Seedbox to grow its ecosystem, by adding more features to build a full and closed system that can be remarketed heavily.
Conclusion
The cooperation between Seedbox and Idealogic is an excellent example of the successful partnership, the distinctive approach, and the use of high-tech in creating DeFi ecosystem. Thus, looking at the main business concerns and coming up with the solutions to address each, the Idealogic team successfully created a platform that corresponds to the modern needs of crypto investors and contributes to the further development of opportunities in the sphere of crypto venture investment.
Techstack
