Problem

Bictory Finance aimed to build a suite of financial applications on a new and innovative blockchain known as Concordium. However, the team faced several challenges in developing these products, including a lack of expertise in blockchain technology and limited funding.

Solution

To overcome these challenges, we formed a team of experienced blockchain developers and raised over $5M in funding. We also conducted extensive research on Concordium's ID layer to develop three products that would appeal to businesses looking to onboard to the blockchain: Concordium Name Service, Bictory NFT Marketplace, and Terrestria NFT Collection.

Impact

Successfully raised over $5M in funding for the project
Developed three innovative financial products on Concordium's ID layer
Achieved X% increase in business adoption of the Concordium blockchain through our products

Team

Team Member #1 - Blockchain Developer
- Led development efforts for all three products
- Provided expertise in building on Concordium's ID layer
Team Member #2 - Marketing Manager
- Oversaw marketing strategy for all three products
- Leveraged industry connections to promote our products to potential clients and investors

Blockchain Team Raises $5M and Develops Innovative Products on Concordium's ID Layer