(+971) 8007 4267
(+91) 946 340 7140
(+1) 628 432 4305
SALVA COIN
on the Polygon Blockchain, Featuring a Unique ICO and Marketplace
Revamping Website, Launching Cryptocurrency, and Successful ICO - How Idea Usher Helped SALVACoin Achieve It All
Transforming SALVACoin’s Digital Presence and Paving the Way for Future Growth with Innovative Solutions and Strategic Support from Idea Usher
AWS
Figma
Slack
Problem Statement
The client approached our team with the goal of launching a blockchain-based coin, SALVACoin. The primary concern was ensuring that the ICO process was seamless, without any potential for hacks or idle states. Our team also needed to find a blockchain with affordable gas fees for transactions. In addition, the client wanted to create an ecosystem around SALVACoin with a unique reward system for users holding a specific amount of coins.
Our Approach
Our team meticulously researched and strategized the ICO process to ensure a smooth launch. We chose to use the Polygon blockchain because of its lower gas fees, ensuring seamless and affordable transactions for users. We worked tirelessly to revamp the SALVACoin website, creating a user-friendly interface for purchasing coins and utilizing them on the SALVA store. Our team also designed a custom reward system that incentivizes users to hold onto SALVACoin. The result is a one-of-a-kind ecosystem that promotes and rewards the use of SALVACoin.
Development Process
- Research & Analyze
- Strategize ICO
- Evaluate Platforms
- Choose Polygon
- Design Interface
- Develop Website
- Pre-sale & Sale
- Token Distribution
- Create Marketplace
- Integrate Wallet
- Design System
- Implement Rewards
- Develop Platform
- Integrate with SALVACoin
Research and Strategy
Research & Analyze
Conduct extensive research on blockchain technology, ICO processes, and token economics. Analyze potential risks and worst-case scenarios.
Target Audience
Identify the target audience for SALVACoin and design the ICO process and platform to cater to their needs and preferences.
Strategize ICO
Develop a comprehensive plan for the ICO process, including pre-sale, public sale, and post-sale activities. Determine the token economics, pricing strategy, and token distribution plan.
Business Goals
Establish the business goals for the project and ensure that the ICO process and platform align with those goals. Determine the marketing and outreach strategies to build a strong community around SALVACoin.
Technology Constraints
Evaluate the technical requirements for the project and ensure that the platform and tools used are compatible and efficient.
User Painpoints
High Gas Fees
Users often face high gas fees when buying or transacting with cryptocurrencies, leading to decreased usability and adoption.
Complex User Experience
The complex process of buying, selling, and using cryptocurrencies often results in a poor user experience, deterring potential users.
Limited Utility
Many cryptocurrencies have limited utility and cannot be used for everyday transactions, making them less appealing to users.
Lack of Rewards
Users often have little incentive to hold onto cryptocurrencies, resulting in decreased demand and value. SALVACoin addresses this pain point by providing custom rewards for holding a specific amount of tokens.
Platform Selection
Evaluate Platforms
The first step in selecting a blockchain platform is to evaluate various options based on cost, speed, and scalability. This includes researching the technical specifications of each platform, analyzing their transaction fees and processing times, and evaluating their security features. It's also important to consider the community support and adoption rate of each platform.
Choose Polygon
After evaluating various blockchain platforms, the team selected Polygon as the most suitable option for the project. Polygon is a Layer 2 scaling solution for Ethereum that offers fast and cheap transactions, making it an ideal platform for building decentralized applications. The team chose Polygon due to its lower gas fees and fast transaction processing, which reduces the cost of using the SALVACoin platform and provides a better user experience. Additionally, Polygon offers strong community support and adoption rates, making it a reliable and stable platform for building SALVACoin.
User Persona
Sophia Lee
Occupation: Freelance Graphic Designe
Status: Single
Education: Bachelor's in Graphic Design
Age: 28
Bio
Sophia is a freelance graphic designer who loves creating beautiful designs that communicate complex ideas in simple ways. She’s always on the lookout for new ways to improve her skills and grow her business.
Goals
- Find a stable and affordable cryptocurrency platform to invest in
- Use cryptocurrency for everyday transactions
- Participate in new blockchain-based ventures
Frustrations
High gas fees on many popular blockchain platforms
Limited adoption of cryptocurrencies for everyday transactions
Complex user experience of many cryptocurrency platforms
"Likes creative work, simplicity, affordability and Dislikes complexity, high fees, instability"
John Smith
Occupation: IT Manager
Status: Married
Education: Master's in Computer Science
Age: 35
Bio
John is an IT manager for a large multinational corporation. He’s responsible for managing the company’s complex IT infrastructure and ensuring that it runs smoothly.
Goals
- Use blockchain technology to improve the efficiency and security.
- Find a cryptocurrency platform that is scalable
- Invest in cryptocurrencies
Frustrations
Limited scalability of many popular blockchain platforms
High transaction fees for large volumes of transactions
Limited options for investing in cryptocurrencies through traditional investment channels
"Likes efficiency, security, scalability and dislikes high fees, limited scalability, lack of investment options"
Empathy map
Seeing
- Multiple tabs open on her computer
- A to-do list with various tasks
- Notifications on her phone
Hearing
- Colleagues asking her for updates
- Friends talking about investing in cryptocurrencies
- News about the rise in the popularity of NFTs
Thinking
- I need to finish this task by the end of the day
- I wish I had more time
- How can I make my life easier?
Doing and Saying
- Multitasking different tasks
- Researching different investment options
- I want to invest in something that’s worth it
Seeing
- A laptop and phone on his desk
- A pile of books and notes
- A deadline approaching
Hearing
- Colleagues talking about new technologies
- Friends discussing investments
- News about the rise in the popularity of cryptocurrencies
Thinking
- I need to finish this project on time
- I don’t have time for anything else right now
- How can I make my work more efficient?
Doing and Saying
- Working on his laptop
- Taking notes and researching
- I want to find a better way to manage my time
User Journey Mapping
Awareness
- Discover SALVACoin
- Visit website
- Explore online communities
Onboarding
- Click “Sign Up”
- Fill out form
Connect Wallet
- Link Metamask
- Buy SALVACoin
- Confirm transaction
Explore Platform
- Browse marketplace
- Purchase items
- Earn rewards
Provide Feedback
- Share experience
- Suggest improvements
How might we statements
make the process of purchasing SALVACoin simpler and more intuitive for first-time users?
incentivize users to hold onto SALVACoin for longer periods of time, and increase engagement with the platform?
create a more personalized experience for users on the SALVACoin platform, based on their unique interests and preferences?
Information Architecture
- Discover SALVACoin
- Sign up
- Connect wallet
- Purchase SALVACoin
- Confirm transaction
- Browse marketplace
- Earn rewards
- Provide feedback
High-Fidelity Design
Blockchain-Powered Coin
SALVACoin is a blockchain-based coin developed on the Polygon blockchain. Our team extensively researched ICOs to create a streamlined process that provided a more secure and efficient experience for users.
SALVA Store
Rewards System
Our rewards system provides users with additional SALVACoins when they hold a specific amount of tokens. The team created an algorithm that allowed users to earn rewards based on their token holdings, encouraging them to invest in the coin.
Low Gas Fees
Smooth Onboarding
Feedback Mechanism
Ready to achieve similar results for your own business? Contact us today to see how we can help you meet your goals.
Contact Us
- SCF 98, Phase 11, Sector-67 Mohali, 160062
- 651 B Broad St, Middletown, 19709, county New Castle Delaware, USA
- [email protected]
- (+1) 628 432 4305
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Idea Usher is a pioneering IT company with a definite set of services and solutions. We aim at providing impeccable services to our clients and establishing a reliable relationship.
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Contact Us
- SCF 98, Phase 11, Sector-67 Mohali, 160062
- 651 B Broad St, Middletown, 19709, county New Castle Delaware, USA
Follow us on
Idea Usher is a pioneering IT company with a definite set of services and solutions. We aim at providing impeccable services to our clients and establishing a reliable relationship.
