4soft

BACKGROUND

Please describe your company and position.

I am the Founder/CEO of Champ Association

Describe what your company does in a single sentence.

We provide phygital marketplace solutions for businesses interested to enter web3 via tokenization models, such as products that reward digital assets.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• Create a phygital marketplace based upon our concepts.
• Build dAPPs required for our revenue sharing models.

SOLUTION

How did you find 4soft?

• Online Search
• LinkedIn

Why did you select 4soft over others?

• High ratings
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from 4soft were assigned to this project?

6-10 Employees

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

In an era where digital innovation is constantly evolving, our collaboration with 4Soft has been a game-changer. Their expertise in blending Web2 and Web3 technologies has been instrumental in developing our phygital marketplace, a seamless fusion of the physical and digital worlds. 
4Soft stands out for their extraordinary efficiency and collaborative approach. Right from the start, they established a clear communication channel, ensuring our vision and requirements were perfectly aligned with their strategy. Their project management skills were evident in the ability to deliver high-quality work within tight deadlines. This was particularly impressive given the complexity of integrating advanced Web3 technologies with our existing Web2 framework that needed to be rebuilt. 
Their team's adaptability and proactive approach in addressing challenges made the entire process smooth and hassle-free. The technical mastery of 4Soft within the Web2 and Web3 industry has been a cornerstone of our project’s success. In the Web2 space, they revamped our platform’s user interface and back-end systems, ensuring a robust, secure, and intuitive user experience. 
However, it was in the realm of Web3 that 4Soft truly excelled. They adeptly integrate blockchain technology with our novel business concepts, enabling features like secure, transparent transactions and the incorporation of NFTs, which are vital to our phygital marketplace concept. Moreover, 4Soft has demonstrated exceptional dedication in augmenting our team with specific profiles, such as in our marketing department and design team. 
They have made significant efforts to identify and secure the precise talent required to fulfill our needs, further emphasizing their commitment to our project’s success. In conclusion, 4Soft has played a pivotal role in transforming our marketplace and overall technology suite, seamlessly bridging the gap between the physical and digital realms. 
Their blend of efficiency, technical expertise, and forward-thinking approach has not only met but exceeded our expectations. The current developments are leading toward a cutting-edge digital platform that stands as a testament to their skill and dedication. As we continue to evolve in the digital marketplace, 4Soft remains an invaluable partner in our journey towards innovation and excellence.

RESULTS & FEEDBACK

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

Our branding and overall presence is much more aligned with what we envisioned. Their team was capable of providing a beautiful new logo, branding, and UI/UX design based upon our existing platform and feedback rounds. The website functionality is much smoother and the creation of web3 components is bridging the gap that existed for our marketplace and business models.

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

Everything has been delivered within the timeline defined for sprints and we are ongoing with developments. Whenever there was any sort of misunderstanding or communication barriers it was quickly solved.

What was your primary form of communication with 4soft?

Email or Messaging App

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

We're impressed with their adaptability to solving our project's development criteria, such as finding new staff where needed or making novel blockchain concepts come to life.

Are there any areas for improvement or something 4soft could have done differently?

There is always room for improvement with anything in life, but we are confident in saying little improving is required for 4Soft because their work flow is more than efficient for our needs!

BACKGROUND

Please describe your company and position.

I am the Co-founder and General Manager of Popularium, Inc.

Describe what your company does in a single sentence.

Popularium Inc. is a game development studio, crafting immersive and innovative gaming experiences for a global audience.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• Develop a multiplatform game(Web, PC, Mobile), “Chaos Agents” using Unity 3D.
• Create a seamless Web out-of-game experience for “Chaos Agents”.
• Implement project assumptions and work around WebGL limitations.

SOLUTION

How did you find 4soft?

Referral

Why did you select 4soft over others?

• High ratings
• Good value for cost
• Company values aligned

How many teammates from 4soft were assigned to this project?

2-5 Employees

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

The collaboration with 4soft covered a wide array of tasks, requiring diverse expertise, agile methodologies, and a commitment to quality and innovation. The partnership was successful in realizing several ambitious projects, each tailored to specific needs, and demonstrates the value of this ongoing relationship. Our partnership is comprehensive and involved an intricate scope of work facilitated by a deep level of collaboration and technological innovation. 

Chaos Agents Game:

• Scope of Work: The primary focus of this part of the project is the technical development of a fully-fledged 3D game running on multiple platforms - Web, PC and eventually Mobile. It is implemented using the Unity 3D engine, a powerful tool for creating both 2D and 3D games.
• Key Deliverables: 
  • Implementation of Prototyped Game: Creating a working prototype and establishing the foundational architecture and mechanics of the game. Beginning with prototyping and moving to production quality development. 
  • Working Around WebGL Limitations: WebGL is often used to render 3D graphics in a web browser, and this part of the deliverable includes creating a rich gaming experience within the constraints and limitations of WebGL.

Chaos Agents Out of Game Experience:

• Scope of Work: This part of the project includes the design and development of the entire web experience surrounding the game itself. This includes deep integration with the game services themselves to deliver items like dynamic leaderboards and a robust mission mission system with the goal of offloading expensive custom Unity work to the much more nimble React and web world to iterate more quickly.
• Key Deliverables:
  • Ongoing Project Design: This includes creating mockups of user interfaces, graphics, and pushing the overall aesthetics of the out of game experience. 
  • API Development: Creating connections between different parts of the system, allowing various components to communicate and share data efficiently. A large focus was being a bridge between our server and client architecture.

RESULTS & FEEDBACK

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

Successful game development, effective collaboration, and creative problem-solving. 4Soft was flexible and continues to be a true pleasure to partner with.

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

4soft was impressive in their ability to translate our creative ideas into a functional game. They were on time, highly responsive, and most importantly incredibly collaborative.

What was your primary form of communication with 4soft?

• Virtual Meeting
• Email or Messaging App

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

Their expertise in Unity 3D and creative approach to problem-solving are particularly impressive. The engineers from 4soft outperformed our expectations.

Are there any areas for improvement or something 4soft could have done differently?

Our collaboration was seamless, leaving no room for dissatisfaction or unmet expectations. We have no issues with this partnership.

BACKGROUND

Please describe your company and position.

I am the Managing Director of The Data Economics Company

Describe what your company does in a single sentence.

The Data Economics Company builds products enabling people and companies to generate new value from their digital data and address the “big problems” facing our communities, societies, and industries.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• Assist in frontend development and provide technical expertise for various projects across diverse industries.
• Enhance our data analytics capabilities with the integration of a robust middleware software engine.
• Revitalize an old demo for increased functionality and presentability.
• Develop an efficient application processing system for project screening and due diligence..
• Refresh and develop demos and applications to showcase innovative technologies and concepts, like the Lydion Vault.

SOLUTION

How did you find 4soft?

Referral

Why did you select 4soft over others?

• High ratings
• Great culture fit
• Good value for cost
• Company values aligned

How many teammates from 4soft were assigned to this project?

2-5 Employees

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

1. Enkrateia (Traro & Kliparo):
   1. Scope of Work: Designing and implementing a universal environmental conservation application screening and due diligence platform, adaptable to multiple types of projects.
   2. Key Deliverables:
      1. Traro: Customization for the “IFNF RFP Round 3” project on behalf of the US Endowment for Forestry and Communities.
      2. Kliparo: Adaptation for Integrity Council for Voluntary Carbon Market (icvcm.org) applications.
2. Lydion Vault: 
   1. Scope of Work: Design and development for the frontend for the Lydion Data Economics Operating System (DEOS), a middleware software engine. Currently focused on the development of Lydion Vaults. 
   2. Key Deliverables: Updated and revamped a demo showcasing how Lydions can be used to solve key challenges with “value based agreements” or “outcome-based agreements” in the health sciences sector through the use of Lydion Vaults. Demo was updated to show how Lydion Vaults enable decentralized applications utilizing digital assets, with applications in sectors like health sciences, agriculture, finance, and more. 
3. Smallholder Data Services:
   1. Scope of Work: Creation of a frontend demo to visualize the flow of goods from Haitian farmers to wholesalers. 
   2. Key Deliverables: A demo based on Lydion Vaults that illustrates supply chain movement. 
4. Virtual School:
   1. Scope of Work: Development of an educational application for high school students in the US and abroad preparing for SAT exams.
   2. Key Deliverables: A multifaceted app with multiple-choice tests, step-by-step explanations, video courses, transcripts, and downloadable content. 

Throughout these projects, 4soft faced and overcame various challenges, including the effective implementation of API descriptions and adaptations to specific project requirements. In summary, the collaboration with 4soft encompassed a broad spectrum of tasks, requiring diverse expertise and agile methodologies. The partnership has led to the successful realization of several ambitious projects, each tailored to specific needs and sectors. The continued commitment to quality, innovation, and collaboration underscores the value of this ongoing relationship.

RESULTS & FEEDBACK

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

1. Deliver projects on time and within budget 
2. Projects passed stringent code review, QA, and user acceptance testing 
3. Effective communication and collaboration with project teams that are distributed in North America, Europe, and Asia. 

In summary, successful delivery of both internal and external facing projects. Each of the metrics has been successfully met for the four projects we have engaged the 4soft team on.

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

4soft showcased excellent project management skills, meeting deadlines and responding to our needs with precision and efficiency. Their proactive approach ensured the successful delivery of all key objectives.

What was your primary form of communication with 4soft?

• Virtual Meeting
• Email or Messaging App

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

Their adaptability, innovation, and ability to provide solutions for unique challenges were impressive. Their collaboration fosters growth, camaraderie, and technological advancement.

Are there any areas for improvement or something 4soft could have done differently?

Working with the 4soft team has been incredibly easy and seamless. There’s not a single thing we’ve been dissatisfied with or didn’t like.

BACKGROUND

Please describe your company and position.

I am an executive of Artclear Limited

Describe what your company does in a single sentence.

Artclear is a technology company that provides infrastructure and tools to address long-standing challenges in the art world revolving around identifying and authenticating artworks.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• Develop a secure and robust multi-stack blockchain-based infrastructure for creating, securing and managing digital link to a physical object in the Art world.
• Implement a system for the managing the results of microscopic scanning of artworks and saving the characteristics for reference and authentication.
• Develop client applications, mobileApps, portals and control panels for specialist operators.

SOLUTION

How did you find 4soft?

Clutch Site

Why did you select 4soft over others?

• High ratings
• Good value for cost
• Company values aligned

How many teammates from 4soft were assigned to this project?

10-15

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

4soft was tasked with building a robust and secure system to support and manage our unique technology to authenticate fine artworks and to interface to public blockchain. Key deliverables included the development of a blockchain based infrastructure and the creation of client applications and specialist control panels.

RESULTS & FEEDBACK

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

Successful delivery of MVP which includes the development of token-minting functionality, hardware integration, user portals and control panels.

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

This was a complex project for a dynamic start-up engaged in real-time market discovery, albeit around a strong core product vision. 4soft met our overall expectations with respect to delivery while, at the same time, maintaining flexibility to adjust the specific requirements and ensuring an industry standard quality.

What was your primary form of communication with 4soft?

• Virtual Meeting
• Email or Messaging App

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

We were particularly impressed with 4soft's expertise in blockchain, their proactive approach to problem-solving, and their ability to adapt quickly to changes.

Are there any areas for improvement or something 4soft could have done differently?

Nothing major to highlight even though the project has complexities that involve hardware integration, Fintech elements, case specific control panel and interfaces. The team proved to be highly competent in understanding our requirements through iterative discussions, and creating blueprints for the solution, They've met our expectations in every aspect.

BACKGROUND

Please describe your company and position.

I am the manager of a financial services company

Describe what your company does in a single sentence.

We've created an perpetual debt market in blockchain

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• maintenance
• consulting
• development

SOLUTION

How did you find 4soft?

Referral

Why did you select 4soft over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Good value for cost
• Referred to me

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

The most important element of the project was the mechanism for users to borrow DeFi assets while maintaining full decentralization of the application. This posed another challenge - the team needed to avoid the use of the classic backend architecture. To address this challenge, 4soft used a graph to scrape data from the blockchain. This data was then processed and served to the front end of the DeFi application.

They approached the project using a proven process, which starts with defining our needs, identifying the technology and main functionalities, followed by design and frontend programming. The graphic designer delivers UI designs while the frontend developer works on the code, reaching out to us for feedback once every few days.

RESULTS & FEEDBACK

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

The project is still in progress, and the application's UI has just entered the coding phase.

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

The collaboration has been well-planned and smooth - we jump on a call every few days to check out the progress and give our feedback, which is instantly addressed by the team.

What was your primary form of communication with 4soft?

• Virtual Meeting
• Email or Messaging App

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

4soft has a lot of experience in a space that is relatively new. This translates into the quality of service provided by the company, as well as the breadth of expertise available around topics like blockchain, crypto, DeFi, and others.

Are there any areas for improvement or something 4soft could have done differently?

The team has delivered work within the set deadlines and we are pleased with their work so far.

BACKGROUND

Please describe your company and position.

I am the Co-founder of a software company

Describe what your company does in a single sentence.

Software development services

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire 4soft to accomplish?

• Enhancing Blockchain Capabilities: The ZK Proof Project

SOLUTION

How did you find 4soft?

Referral

Why did you select 4soft over others?

• High ratings
• Good value for cost
• Referred to me
• Company values aligned

How many teammates from 4soft were assigned to this project?

2-5 Employees

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

We engaged 4soft to serve as a team extension for a particular project for one of our esteemed clients. The project's main focus was the development and integration of an innovative authorization service with the use of Zero-Knowledge Proofs (ZK Proof) into our client's blockchain platform. This system was aimed at enhancing the security and privacy features of the platform.

RESULTS & FEEDBACK

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

The integration of the ZK Proofs significantly bolstered the security of our client's platform, creating a more secure environment for transactions. Our client reported a high degree of satisfaction with the enhanced security and privacy features, and these improvements helped reinforce their market position.

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

All good

What was your primary form of communication with 4soft?

• Virtual Meeting
• Email or Messaging App

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

Their impressive track record and extensive expertise in blockchain technology convinced us. Their team's specific experience and their demonstrated ability to work in collaboration with our team were the key deciding factors.

Are there any areas for improvement or something 4soft could have done differently?

Our experience with 4soft was overwhelmingly positive. They demonstrated professionalism, and their deep understanding of blockchain technology was evident in their work. On the few occasions when challenges arose, their team swiftly and effectively resolved them, ensuring that the project remained on track. This proactive approach to problem-solving was truly impressive and further solidified our confidence in their abilities.

BACKGROUND

Please describe your company and your position there.

I am the CTO of TerGo, a company dedicated to helping people make environmentally-friendly decisions and measure their impact on their carbon footprint. TerGo provides a platform with tools to measure users' environmental actions to reduce greenhouse gas emissions and promote knowledge about climate and biodiversity.

The company also runs educational programs and collaborates with other organizations to achieve its mission.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire 4soft, and what were your goals?

We were looking to build an application that tracks the user's movements in the background (on foot, by bike, car, car sharing, and public transport) and, on this basis, calculates how much CO2 a given user has saved compared to driving a car alone.

SOLUTION

How did you select this vendor and what were the deciding factors?

We selected 4soft based on the recommendations of partners and an additional background check. 4soft appeared to have the right expertise and experience for our project.

Describe the scope of work in detail, including the project steps, key deliverables, and technologies used.

The project involved the development of a mobile application called TERbit, which tracks the user's carbon reductions in real-time. The project consisted of several stages, starting with the preparation of designs. Once the designs were finalized, the team moved on to the implementation of the mobile application screens and business logic.

One of the biggest challenges faced by the team was tracking the user's location and activity in the background as Android and iOS are very restrictive in this regard. Despite this challenge, the team was able to overcome it and proceed with the implementation of the rest of the application.

At the time of the information given, the first stage of the project was about to finish.

How many people from the vendor's team worked with you, and what were their positions?

1. 2x Python Developer
2. React Developer
3. React Native Developer
4. DevOps

RESULTS & FEEDBACK

Can you share any measurable outcomes of the project or general feedback about the deliverables?

The application contains standard screens characteristic of an application that collects and displays data. Currently, it is possible to track the user's activity during their activity (walking and transportation by bike, car, shared ride, creating a joint session, joining a session).

The idea behind the app is that it becomes a tool for companies looking to reward their employees for choosing to ride a bicycle instead of a car to work, for example. The application offers customization options to companies.

Describe their project management style, including communication tools and timeliness.

The project required a lot of collaboration, but the two teams were able to communicate effectively and exchange information smoothly. The 4soft team was attentive and responsive to the needs of our team, incorporating our requirements and insights into the development process. As a result, the final solution met our expectations completely.

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

The most impressive and unique aspect of 4soft is their commitment to innovation, continuous improvement, and strong team culture. They are transparent, open to feedback, and maintain a positive and open while actively searching for new technologies and incorporating the best of them in their projects.

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

From our point of view, the cooperation with 4soft went very smoothly, and we do not see areas for improvement.

BACKGROUND

Please describe your company and your position there.

Joystream is a Blockchain is a video streaming platform DAO. I am the contracted head of product looking after software development of the two front end applications - Atlas and Pioneer.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire 4soft, and what were your goals?


4soft team helped us with frontend development of our Pioneer application, extensively used by DAO community to maintain and evolve the Joystream blockchain protocol.

SOLUTION

How did you select 4soft and what were the deciding factors?

We received a referral from our network to start working with 4soft. We had a positive experience of working with them, the team was proficient and diligent.

Describe the scope of work in detail, including the project steps, key deliverables, and technologies used.

The app was initially developed by a different team but left unfinished and unreleased, so a handover of a large and complex codebase, connected with runtime nodes and query nodes that index blockchain data and provide a graphQL interface.

The vast functionality was built with local env so before release, had to be connected and tuned right at the point of handover.

How many people from the 4soft team worked with you, and what were their positions?

We are working with 3 Frontend Developers from their side with admin oversight from Delivery Manager.

RESULTS & FEEDBACK

Can you share any measurable outcomes of the project or general feedback about the deliverables?


4soft team helped us out with delivering the initial release of the v2 platform and iterated it forward building new modules and enhancing the existing functionality. 


Describe their project management style, including communication tools and timeliness.


Whole workflow went pretty smooth, the team was flexible to adopt the agile process that worked for us and actively partook in process-related retrospectives aimed on finessing the delivery.

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

They've been skillful, proficient, and good communicators throughout the workflow.

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


From my point of view, everything worked well.

BACKGROUND

Please describe your company and your position there.

Colony is a community-driven accelerator empowering the Avalanche ecosystem through a first of its kind concept: Ecosystem Farming. Colony deploys capital within Avalanche on early-stage projects, provides liquidity to DeFi protocols. It will also maintain an Index on top Avalanche projects, and validate networks through stacking capabilities.

Our open governance mechanism ensures capital is allocated across the Avalanche ecosystem for its sole benefit. The true sustenance and value generated by Colony’s investments is routed back to the Community through airdrops, a buyback mechanism, and staking rewards. In Colony, I act as the CEO.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire 4soft, and what were your goals?

We, as the founders, had seen huge business potential in building a community-driven accelerator for blockchain projects building on Avalanche. However, we needed a reliable tech partner to actually develop this platform, launch it, and put it on a smooth trajectory.

SOLUTION

How did you select this vendor and what were the deciding factors?

We had pretty strict requirements mostly towards the blockchain and DeFi experience of a potential vendor. We connected to 4soft through our contact in Avalaunch. 4soft turned out to be a quality interlocutor during the initial calls, and their tech experience impressed us, hence we decided to start the collaboration.

Describe the scope of work in detail, including the project steps, key deliverables, and technologies used.

As an accelerator, Colony will deploy capital within Avalanche on early-stage projects, provide liquidity to DeFi protocols, maintain an Index on top Avalanche projects, and validate networks through stacking capabilities. The first major goal was the platform’s launch. We began our partnership with workshops, where we went through our business objectives and product requirements. In the process, 4soft drew our attention to areas that we might have previously overlooked.

Next, they prepared the system’s architecture and proceeded with the actual development. The priority features before the launch were vesting, staking, and airdrop distribution. After the app’s successful launch, the 4soft team is now working on an automated on-chain investment process, which will be available to both the DeFi project creators and investors.

How many people from the vendor's team worked with you, and what were their positions?

At the moment, the team consists of 10 specialists, that is:

• 3 Solidity Developers
• 2 Frontend Developers
• 1 DevOps Specialists
• 1 Product Designer
• 1 Project Manager
• 2 Quality Assurance specialists

RESULTS & FEEDBACK

Can you share any measurable outcomes of the project or general feedback about the deliverables?

4soft’s work was a cornerstone in our product’s launch. This turned out to be a full success and the highest raise on the Avalanche Ecosystem up to date.

Describe their project management style, including communication tools and timeliness.

Since the kick-off, the workflow has been going smoothly both regarding the development progress and the business aspects of our collaboration. If an issue comes up, 4soft works quickly to resolve it and adjust to our comfort.

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

We are most impressed with 4soft’s level of tech expertise. In a field as specialized and novel as DeFi development, a team of specialists with years of experience and brilliant business acumen is rare to come across.

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

Our collaboration launched after the expected date due to the preparation work on 4soft’s side, which was worrying at the moment. However, once the work actually started, they met all the deadlines, so at the end of the day everything turned out fine.

BACKGROUND

Please describe your company and your position there.

I am the COO and Co-founder of Paribus. I have a background the traditional finance field and have been involved in the blockchain space for 3 years. Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets. One of its goals is maximum interoperability so that DeFi holders and investors can focus on value exchange, not on tech limitations.

Thus, the project runs on Cardano, which removes restrictions and allows value to flow freely. Paribus's mission is to remain chain agnostic and simultaneously connect innumerable assets across multiple blockchains, allowing win-win transactions between borrowers and lenders.

OPPORTUNITY / CHALLENGE

For what projects/services did your company hire 4soft, and what were your goals?

Development of the architecture and actual software that will act up to expectations calls for years of blockchain and DeFi experience. This includes services such as: Lending, borrowing, or staking synthetic assets NFT collateral-based loans NFT Staking LP collateral-based loans LP staking PBX token profit sharing

SOLUTION

How did you select this vendor and what were the deciding factors?

Our collaboration started from the consulting phase, where we detailed our business objectives and reviewed the list of planned features. The outcome was a budget estimate, which let us make the decision on the scope of the minimum viable product we’d first build.

Describe the scope of work in detail, including the project steps, key deliverables, and technologies used.

Simultaneously, we worked to build a staking app. Proof of Stake (PoS) is an algorithm used for validating transactions within a given blockchain network. A user can “block”, i.e. stake their tokens, and receive a reward in return. Creating the app included developing the staking algorithm in alignment with the founders’ business assumptions and the front-end part of the application. The staking app was released in Dec 2021.

Later, we moved on to create the MVP. It had to include the basic, crucial processes for any lending business, among others: borrowing and repayment flows, interest models, and liquidation. Aside from these standard operations, Paribus will introduce a totally novel feature, that is price evaluation of non-fungible tokens (NFTs). This means that an algorithm will be able to price out a given NFT, so it can be used as collateral. We are now in the process of developing this feature. All of the products will be deeply integrated into the PBX native token.

How many people from the vendor's team worked with you, and what were their positions?

7 specialists (2x solidity dev, 1 x react blockchain frontend dev, 1x qa, 1x product design, 1 x dev ops, 1 x PM)

RESULTS & FEEDBACK

Can you share any measurable outcomes of the project or general feedback about the deliverables?

The staking app was launched and users are already collecting rewards for their participation. At the moment, we are testing the MVP demo and awaiting Cardano’s smart contracts launch. We will keep this page updated as the project progresses.

Describe their project management style, including communication tools and timeliness.

Thanks to their consulting work, we had a wide perspective when choosing the features included in the MVP version. We spoke over google voice and telegram. They are very quick to respond to and questions or comments.

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

We are impressed with 4soft’s work pace and work experience. We are impressed with 4soft’s work pace and experience.

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

They act quickly and contribute significant blockchain market context that comes from their past projects and they complete it with expertise from other development areas. Any difference in working style or communication was addressed in the initial stages of our collaboration.