Pharos Production Inc.

BACKGROUND

Please describe your company and position.

I am the Financial Intelligence Administrator of Safello

Describe what your company does in a single sentence.

Safello is the safe and simple cryptocurrency exchange for Swedish customers

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• To create a cryptocurrency trading platform for buying, selling of various cryptocurrencies.

SOLUTION

How did you find Pharos Production Inc.?

Online Search

Why did you select Pharos Production Inc. over others?

• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Pharos Production Inc. were assigned to this project?

2-5 Employees

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

Pharos Production started with an extensive 4-week discovery phase, which resulted in a full MVP plan and software architecture diagrams. They also provided interactive wireframes of UI/UX design. After the planning phase, they conducted continuous 2-week sprints, with demos of progress along the way. After producing an MVP, they conducted an 8-week phase to make bug improvements and solicit feedback. After they rolled us into production, which is where we stand now.

RESULTS & FEEDBACK

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

They were able to take our idea and turn it into a fully functioning product. It's the best outcome ever.

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

We worked with Jira, Click and text chat in Telegram. Also we have regular calls via Google Meet.

What was your primary form of communication with Pharos Production Inc.?

• Virtual Meeting
• Email or Messaging App

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

They can build a fully functional complex platform from rough ideas. Their technical skills were impressive.

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

As I know they always improve their engineering stack and skills.

BACKGROUND

Please describe your company and position.

I am the Co-founder of Ionixx Technologies of Ionixx Technologies

Describe what your company does in a single sentence.

We deliver robust digital solutions that drive our customers' growth. With a team of domain experts in Brokerage, Healthtech, Web3, and Fintech, we offer innovative solutions to achieve outstanding outcomes.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• The goal was to create a new type of NFT marketplace with various integrated blockchains and make it a scalable and fault-tolerant system deployed into the AWS cloud.

SOLUTION

How did you find Pharos Production Inc.?

Online Search

Why did you select Pharos Production Inc. over others?

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

How many teammates from Pharos Production Inc. were assigned to this project?

6-10 Employees

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

Pharos Production has developed the web and mobile software we needed. Initially, I talked to them about our needs, and they guided me through creating an appropriate analysis and documentation for the project. During this stage, they also helped me define the details of the platform. 

Then, Pharos Production created a prototype for the product. Once we ensured the prototype had no issues and included what we had requested, they delivered the platform's final version. Technically, they delivered four apps: an Android version, an iOS version, a user's portal and an admin panel.

RESULTS & FEEDBACK

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

The platform built by Pharos Production has become crucial for our business. Currently, any NFT creator or collector can use the platform. As for the platform itself, it is stable and works very well, and we haven’t experienced any bugs or crashes.

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

Pharos Production delivered everything on time. However, at the end of the project, I requested additional changes, which took them extra time to complete. We communicated via Google Meet and Jira.

What was your primary form of communication with Pharos Production Inc.?

• Virtual Meeting
• Email or Messaging App

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

The most impressive thing about our engagement was how stable our platform turned out to be.

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

No, I was very happy with their work.

BACKGROUND

Introduce your business and what you do there.

I’m the founder and CEO of a startup in the financial services sector.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Pharos Productions?

We were looking for a very simple demonstration of one of the core features of our future platform to show to potential stakeholders.

SOLUTION

What was the scope of their involvement?

Our goal with the company is to develop an alternative payment method for traditional card schemes based on blockchain and the use of a GDP stable coin passing between participants in our network. The core concept that we wanted to demonstrate in the POC is the ability for a consumer user to have the app installed on their phone and then pay a merchant online through a QR code.

They created the product, which can be downloaded onto android phones and used at our demonstration shop, and an explainer video that goes alongside it to help explain the different features that will eventually exist in the product as well.

What is the team composition?

There were three members of their team involved, but we communicated primarily through one person who then delegated the work to his developers for the majority of the work.

How did you come to work with Pharos Productions?

I was introduced to them through a friend of mine who is very reliable, so I gave them a chance and haven’t looked back since.

How much have you invested with them?

To date, the project is running at about $500,000 in total.

What is the status of this engagement?

We started working on the process in July 2020 and we are essentially completed, although a few final tweaks to the graphics are continuing to be made at the moment.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

The product works, which is obviously by far the main thing we were looking for. All of the key elements are in there, and we really haven’t had to make many tweaks and changes to what they’ve provided on their first rounds of the development. We really are totally satisfied with the work so far.

How did Pharos Productions perform from a project management standpoint?

Deadlines were all met, and they are constantly on Skype and available to talk through things, so communication has been very smooth. We also never had to worry about coming in on budget, which took a pretty big load off my shoulders as the founder of the venture.

What did you find most impressive about them?

Their expertise in the field of blockchain really sets them apart from most of the developers in their industry. He was able to pick up the set of protocols and technologies that we wanted to work with very quickly because of his level of experience and has documented everything he’s done in incredible detail along the way. That’s made it much easier for us to understand the process and have a better handle on what we’ve accomplished and what still needs to be done.

Are there any areas they could improve?

No, I honestly don’t think there’s anything I wish they had done differently.

BACKGROUND

Introduce your business and what you do there.

I’m the CEO of DevSlate Group, which is a software development and cybersecurity company.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Pharos Production Inc.?

We were seeking to develop a casino marketplace platform and were looking for experts that had developed similar solutions.

SOLUTION

What was the scope of their involvement?

Pharos handled the initial discovery phase, which included the architecture of the Java platform and the design of the business logic. We proceeded with the design and development stages. The platform is completely new, built from scratch. We started with the concept, and Pharos helped us through the entire process.

What is the team composition?

Dmytro (Founder and CTO) is their main point of contact, and the team size for this project is around 10 people.

How did you come to work with Pharos Production Inc.?

I spoke with Dmytro initially, but it was about another topic. He introduced the company as having experience in the gaming sector. I recalled Pharos when we were looking for developers for this project, and we connected again.

How much have you invested with them?

The cost so far is around $4 million.

What is the status of this engagement?

We started working with Pharos around the start of 2018, and the project is ongoing.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

We don’t have set KPIs, but I can say that Pharos has been strong with provided timelines and flexible throughout the process. We measure success in the developers’ ability to deliver as promised, and their ability to communicate. Pharos Production has been very good in both of these areas.

How did Pharos Production Inc. perform from a project management standpoint?

They most likely use project management tools internally, but we usually communicate with them through Skype and Slack.

What did you find most impressive about them?

It’s their flexibility and fast response times that are most impressive.

Are there any areas they could improve?

I can’t think of anything. The whole process has been very positive from our side, and I can only say good things about them.

Do you have any advice for future clients of theirs?

My advice would be to keep an open mind and trust the experts in the field.

BACKGROUND

Introduce your business and what you do there.

I’m the CTO at Gambitstream, a distributed system for gambling and betting. We provide distributed technologists for our clients.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Pharos Production Inc.?

We hired them to develop our software.

SOLUTION

What was the scope of their involvement?

Pharos Production Inc. executes software and blockchain development for different distributed betting systems. Specifically, the team does frontend development and integrations. They work mostly with Scala, but also Elixir, J.P. Morgan Quorum blockchain, Hyperledger, and Java.

What is the team composition?

The team includes 3–4 developers, a QA specialist, a project manager, and a product owner.

How did you come to work with Pharos Production Inc.?

We spoke Pharos Production Inc. and saw they had affordable prices. Although they are based in Las Vegas, the developers are located in Europe. That arrangement work as our development and management teams are in Lithuania and Latvia. We can easily visit their office.

How much have you invested with them?

We’ve spent $450,000.

What is the status of this engagement?

We started working together in July 2015 and the partnership is ongoing.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

Metrics aren’t publicly available because we provide backend systems for a closed group of investors.

How did Pharos Production Inc. perform from a project management standpoint?

The team is responsive and communicative. They work in agile.

What did you find most impressive about them?

Their software architecture capabilities stand out, as well as their expertise with FinTech systems.

Are there any areas they could improve?

They could work with a wider range of technologies. But we are happy with their service.

BACKGROUND

Please describe your company and position.

I am the Founder of a gaming solutions company

Describe what your company does in a single sentence.

We provide innovative iGaming solutions.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• Our goal was to pinpoint and address security weaknesses, confirm the integrity and randomness of our blockchain lottery system, and safeguard user assets from potential threats.

SOLUTION

How did you find Pharos Production Inc.?

Clutch Site

Why did you select Pharos Production Inc. over others?

• High ratings
• Company values aligned

How many teammates from Pharos Production Inc. were assigned to this project?

2-5 Employees

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

Pharos Production meticulously audited our blockchain lottery system, targeting random number generator reliability, smart contract robustness, protection against financial exploits, cryptographic safeguards, and transaction efficiency. They also offered practical solutions for swift improvements.

RESULTS & FEEDBACK

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

The audit concluded successfully, enabling our lottery gaming platform to launch securely with no vulnerabilities detected post-implementation.

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

Pharos Production utilized GitHub for precise vulnerability tracking, Slack for seamless real-time updates, and weekly Zoom calls to keep our team informed, maintaining full clarity throughout the process.

What was your primary form of communication with Pharos Production Inc.?

Virtual Meeting

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

Their accuracy in spotting vulnerabilities, profound grasp of blockchain gaming security details, and well-organized, actionable reports were particularly standout features.

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

The process was flawlessly executed, leaving no notable areas for enhancement.

BACKGROUND

Please describe your company and position.

 I am the Chief Executive Officer of a financial services company 

Describe what your company does in a single sentence.

Cryptocurrency Exchange

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• Crypto Launchpad Software Development

SOLUTION

How did you find Pharos Production Inc.?

Referral

Why did you select Pharos Production Inc. over others?

Referred to me

How many teammates from Pharos Production Inc. were assigned to this project?

2-5 Employees

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

Pharos Production Inc. developed a crypto launchpad that allows projects to conduct Initial DEX Offerings (IDOs), manage token sales, and integrate multi-chain support. The platform includes investor verification (KYC/AML), staking features, and liquidity management tools.

RESULTS & FEEDBACK

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

Pharos Production Inc. built a highly scalable and feature-rich crypto launchpad that has positioned us as a leader in the IDO space. The platform supports multiple blockchain networks, ensuring accessibility for various token projects.

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

Their expertise in security and compliance was evident, as they implemented KYC/AML verification and robust investor protection mechanisms. The entire development process was well-managed, with consistent updates and transparent communication.  

What was your primary form of communication with Pharos Production Inc.?

Virtual Meeting

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

We're impressed with their deep understanding of blockchain ecosystems and ability to create a seamless, user-friendly launchpad.

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

A few minor UI improvements were needed post-launch, but they quickly addressed them based on user feedback.  

BACKGROUND

Please describe your company and position.

I am the Founder of a Web3 gaming platform.

Describe what your company does in a single sentence.

A web3 gaming platform for casual competitive gamers powered by $PZP.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• We needed a full smart contract audit to ensure our randomized lottery system was secure, resistant to manipulation, and compliant with fair gaming standards. Our primary concern was verifying random number generation (RNG) security, preventing exploits, and ensuring gas-efficient transactions.

SOLUTION

How did you find Pharos Production Inc.?

Clutch Site

Why did you select Pharos Production Inc. over others?

• High ratings
• Pricing fit our budget
• Good value for cost
• Company values aligned

How many teammates from Pharos Production Inc. were assigned to this project?

2-5 Employees

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

Pharos Production conducted an in-depth security review, ensuring our smart contracts were free from vulnerabilities such as reentrancy attacks, Sybil attacks, and RNG predictability. Their audit included:

• Verifying randomness algorithms used for drawing lottery winners.  
• Ensuring on-chain storage security for lottery ticket purchases and prize distributions.  
• Identifying gas-heavy operations** and optimizing them for scalability.  
• Simulating edge cases to test the smart contract’s response under extreme conditions.  
• Providing a detailed report with recommended fixes and best practices for smart contract security. 

RESULTS & FEEDBACK

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

The audit has been successfully completed, and our lottery platform is now live with enhanced security and fairness mechanisms.

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

Pharos Production used GitHub for tracking vulnerabilities, Slack for real-time communication, and weekly Zoom meetings for updates, ensuring a smooth and transparent process.

What was your primary form of communication with Pharos Production Inc.?

• Virtual Meeting
• Email or Messaging App

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

Their expertise in gaming contract security, ability to optimize complex smart contract functions, and detailed security reporting were exceptional. 

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

The engagement was seamless and highly professional. We look forward to working with them again for future security audits and platform updates.

BACKGROUND

Please describe your company and position.

 I am the Founder of a financial services company 

Describe what your company does in a single sentence.

We are the leading onchain insurance alternative. Our mission is to provide onchain protection against crypto risks and beyond

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• We needed an in-depth security audit of our Ethereum smart contracts before deployment to ensure the system was resistant to exploits, compliant with industry standards, and optimized for gas efficiency.

SOLUTION

How did you find Pharos Production Inc.?

Referral

Why did you select Pharos Production Inc. over others?

• High ratings
• Pricing fit our budget
• Referred to me
• Company values aligned

How many teammates from Pharos Production Inc. were assigned to this project?

2-5 Employees

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

Pharos Production conducted a full smart contract audit, including manual code review, automated vulnerability scanning, formal verification, and gas efficiency analysis. They identified and mitigated issues such as reentrancy attacks, integer overflows, unchecked external calls, and gas inefficiencies. 

RESULTS & FEEDBACK

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

The audit has been successfully completed, and we have deployed the optimized smart contracts with full security assurance. 

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

Pharos Production used GitHub for issue tracking, Slack for real-time communication, and weekly Zoom calls for progress updates, ensuring a transparent and efficient workflow.

What was your primary form of communication with Pharos Production Inc.?

• Virtual Meeting
• Email or Messaging App

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

Their ability to identify vulnerabilities that other firms missed, combined with their expertise in security best practices and contract optimization, was exceptional.

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

The audit process was highly professional and thorough, leaving little room for improvement. We look forward to working with them again on future projects. 

BACKGROUND

Please describe your company and position.

I am the Operations Excellence Manager

Describe what your company does in a single sentence.

Food service industry with focus on Pizza.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Pharos Production Inc. to accomplish?

• We needed to modernize our delivery services by creating a customer-friendly mobile app. Key requirements included real-time order tracking, secure payment options, and a design that enhances user engagement and loyalty.

SOLUTION

How did you find Pharos Production Inc.?

Clutch Site

Why did you select Pharos Production Inc. over others?

• High ratings
• Pricing fit our budget
• Company values aligned

How many teammates from Pharos Production Inc. were assigned to this project?

12

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

Pharos Production designed and built a robust pizza delivery app. It includes features such as location-based tracking, push notifications for order updates, a loyalty program, and ERP system integration for seamless order management.

RESULTS & FEEDBACK

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

Since the app's launch, delivery orders increased by 45%, customer retention grew by 30%, and app downloads surpassed 50,000 within the first three months.

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

Pharos Production maintained a transparent and collaborative process, using Jira for task tracking and Slack for real-time communication, ensuring we stayed informed and involved throughout the project. 

What was your primary form of communication with Pharos Production Inc.?

• Virtual Meeting
• Email or Messaging App

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

Their ability to deliver a highly functional app on time while exceeding quality expectations was impressive. 

Are there any areas for improvement or something Pharos Production Inc. could have done differently?

The project exceeded our expectations, and there’s little to suggest for improvement at this time.