The Development Lifecycle Of A Cryptocurrency




The Development Lifecycle Of A Cryptocurrency

1. Requirements - All the necessary requirements are collected and consolidated in this stage. The client will receive an acknowledgment for the details gathered.


2. Analysis - The blockchain team analyzes the requirements and the project and then defines the schemas, models, and business rules.


3. Design - Website, system architecture, framework, and other things are designed during this stage.


4. Implementation - Once the minimum viable product gets approval from the client, the project enters the actual development stage.


5. Testing - Starting with functional testing of each unit developed, the product is tested under vigorous environments to ensure that it is free from bugs and system faults.


6. Deployment - Once the product receives the green signal from both the development team and the client, it goes live in the market.


Cryptocurrency Development Service


Develop A Cryptocurrency With Blockchain Firm

At Blockchain Firm, we provide end-to-end cryptocurrency development services for business clients.


  • Website: Our website shows the end-to-end project details understandably. We make sure that the website is navigable, user-friendly, and has all the essential options.
  • Whitepaper: The things included in a WhitePaper are Introduction, Disclaimer, Central Theme, Executive Summary, Vision & Mission, Problem Statement, How the Project will provide Solutions, Tokenomics, Token Utilities, Fund Allocation, Team, Roadmap, and FAQ.
  • Coin Development: Based on your requirements, we will choose the base platform and create smart contracts. We can also add/modify functionalities in the smart contracts if required. After the creation part, we proceed to deployment and publishing.
  • Listing:

We provide you with ICO listing services through which we will list your tokens on popular exchanges. This way, the exchanges’ users will get the opportunity to buy your tokens.

Comments

Post a Comment

Popular posts from this blog

Short And Crisp Insights About Altcoins

Image
  Cryptocurrency development has experienced an incredible hike in the digital world in recent years. Raising popularity triggered many merchants and third-tier start-up businesses to develop their own coins.   Alt Coins The cryptocurrency development companies serve customers in creating digital coins using blockchain technology. Artificial intelligence and automatic token generators have also been deployed to serve this purpose.   While bitcoin and other major coins hog the limelight, various other coins attract users for their purposes. From that perspective, Altcoins are fast emerging and becoming more popular.    Now, let us deep dive and understand Altcoins and how they work..    An altcoin is a cryptocurrency alternative for bitcoin. This coin works similarly to bitcoin. This coin is built on the success of bitcoin by slight changes in some protocols.    How do Altcoins work?  To be precise, Altcoin works si...
Read more

Cryptocurrency Development Life Cycle-Explained

Image
Before getting into the development process, it is essential to know the basic working of cryptocurrencies and their benefits. Cryptocurrencies are digital assets that can be used as a medium of exchange between parties or traders. It provides more safe and secure transactions as it is backed by Blockchain technology.   Cryptocurrency Development Services and Company It follows a decentralized, distributed, and immutable network, making it the safest mode of transaction possibly. Multiple currencies are used in day-to-day life, which is developed and used to know its importance and ease.    We are presenting below on how cryptocurrencies are developed.   Crypto Development Process Lifecycle Defining The Idea This is the first step in the development process. It is very crucial to know what the crypto is expected to do. For this, we need to identify the target audience, utility, and business verticals it operates, then proceed with the development...
Read more

Is the Future of Fundraising Security Tokens?

Image
Before commencing the STO development process, knowing the tokens' basic working and benefits is essential.   In simple terms, security tokens are financial securities backed by assets, revenue, or shares offered to investors.   The drawbacks seen in ICOs have led to the evolution of STOs. Understanding its significance, many companies have dived into the business of token development to build a highly reliable and trustworthy investment ecosystem.   Future of Security Tokens STO Features Two types of tokens are widely known and used. They are utility tokens and security tokens.    Utility tokens serve the purpose of funding for an underlying project from the investors, and they are mostly fraud and unregulated.   Security tokens represent a real-time asset value or shares of the company or shareholder profit. They are highly regulated and offer numerous benefits to investors, project holders, or token issuing companies.   S...
Read more