MyTeams

BACKGROUND

Please describe your company and position.

I am the Managing Partner of Myco.io

Describe what your company does in a single sentence.

We are a Web3 Based Streaming Super App

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire MyTeams to accomplish?

• Built the Web3 super App
• Complete Brand Experience
• Complete App Maintenance, marketing and ASO

SOLUTION

How did you find MyTeams?

Referral

Why did you select MyTeams over others?

• Pricing fit our budget
• Great culture fit
• Good value for cost
• Referred to me
• Company values aligned

How many teammates from MyTeams were assigned to this project?

6-10 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

Our aim was to develop a one of a kind streaming app powered by web3  that would place the viewer first. The Myco app would not only become a major streaming economy stakeholder but also share revenue with viewers as they expereinced our content. As viewers would be the one creating value for the platform it was essential to build a product that would create a 360 value chain with content creators, viewers, and the Myco team all benefitting from the outcome. 

Summary of Key Deliverables

1.User Registration & Profiles

·       Multi-User Roles – Streamers, Viewers, Moderators, Admins

·       Social Media Login – Google, Facebook, Apple ID

·       Profile Customization – Avatar, Bio, Follower Count, Stream History

·       Subscription & Monetization Setup 

2. Live Streaming Core Features

·       High-Quality Streaming – 1080p, 4K, adaptive bitrate streaming

·       Multi-Platform Streaming – Simulcast to YouTube, Twitch, Facebook

·       Mobile & Web Streaming – Support for both browser & mobile app

·       Real-Time Chat – Live audience interaction, emojis, pinned messages

3. Monetization Features

·       Ad Integration – Pre-roll, mid-roll, and banner ads

·       NFT & Blockchain Payments – Optional crypto-based monetization

4. Community Engagement & Interaction

·       Loyalty & Reward System – Points system for active viewers

·       Co-Streaming & Guest Invites – Bring other streamers into a session

5. AI & Automation Features

·       AI-Powered Recommendations – Personalized content suggestions

·       Automated Captioning – AI-generated subtitles in multiple languages

·       Smart Moderation – AI-powered automatic content filtering

6. Content Discovery & Distribution

·       Explore & Trending Page – Discover popular live streams

·       Category-Based Search – Education, Fitness, Technology, Sports etc.

·       Geolocation-Based Streams – Localized content recommendations

·       Push Notifications – Alerts for favorite streamers going live

7. Integration & API Support

·       OBS & Streaming Software Support 

·       Third-Party Plugin Support – Integrate overlays, analytics tools

·       Cloud Storage & CDN Integration – AWS, Google Cloud, Azure for scalable streaming

8. Security & Compliance

·       End-to-End Encryption – Protects private live streams

·       Content Moderation & Reporting – Users can report abusive content

·       DMCA & Copyright Protection – Automated content takedown for copyrighted material

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

MyTeams has been instrumental in building and scaling Myco.io from the ground up. They handled everything ....from developing the app and ensuring seamless maintenance to executing effective marketing strategies and supporting our fundraising efforts. Their dedication extended to QA, technical improvements, and brand management, ensuring the platform's growth and stability. The project was originanlly scheduled with 9 milestones to be delivered over 8 months. MyTeams diligent worked to complete each milestone on or before every deadline, with project updates every 14 days.  

Thanks to their efforts, Myco.io has achieved milestones remarkably including a current valuation of $80 million after 3 years of flawless operation, 15 million users over 4 successful years, and 188 million views. We've also experienced rapid growth with 5 million returning users, an impressive 33-minute average engagement time for our content and strong ad performance delivering over 455 million impressions for our every growing content library. 

MyTeams' holistic approach and technical expertise were key to our success, and the fouding team is delighted with their contributions.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

MyTeams demonstrated exceptional project management throughout our collaboration. They maintained clear communication, set realistic timelines, and consistently delivered milestones on schedule. Their proactive approach ensured that potential roadblocks were identified and resolved quickly, keeping the project on track. 

Their ability to corordinate withour team and other stakeholders with respect to risk management and budget estimates was prolific. MyTeams was exceptional in handling budget escalations, and never seemed to miss the bullseye interms of changing requirements and evolving needs of our app. There were weekly scrum meetings that both delivered the milestones achieved and the next phase of the deliverables in line with the provided schedule.  

What stood out most was their adaptability, whether it was adding new features, addressing urgent technical issues, or continuously supporting our marketing campaigns, MyTeams was always responsive and solution-oriented. Their ability to understand our evolving needs and align their efforts accordingly have played a crucial role in Myco.io’s growth and success. Dedicated 24 hour DevOps engineers and support executives were specifically assigned to our project with an estimated response time of 30 minutes for every query. 

What was your primary form of communication with MyTeams?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

What impressed us most about MyTeams was their all round specialist approach and unwavering commitment to our project's success. They were our true partners in Myco app's journey, handling everything from development and ensuring highest standards of software quality. Their ability to seamlessly manage both the technical and branding aspects of Myco app truly set them apart. We never had to reach out to them first, the project manager was highly proactive keeping us engaged and informed daily through email updates. 

Their deep understanding of Myco's vision and dilligent mindset ensured they consistently delivered milestones that aligned with our vision. The combination of technical expertise, strategic thinking, and focus to our growth makes MyTeams an exceptional service provider. Our founding team, stakeholders, and investors are all proud to have chosen MyTeams. 

Our ongoing relationship with the provider for branding & marketing is testament to the exceptional expertise of MyTeams. 

Are there any areas for improvement or something MyTeams could have done differently?

MyTeams excelled in developing and scaling the Myco superapp, one area for improvement though would be expanding their services to include TV app development. As a streaming platform, having a presence on smart TVs and other large-screen devices is crucial, and this was something they couldn't provide at the time. We were delighted by the speed of service on most deliverables, but a few were delayed due to resource constraints at that time, hosting more resources for large scale projects should be addressed post-development. 

If they were to add TV app development to their portfolio, it would be a significant advantage for companies looking to build comprehensive streaming solutions. Given their technical expertise and commitment to growth, I believe this addition would make them an even stronger partner in the industry.