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Artnest Token Development and System

Integration

Project Name: ArtNest Token Development and System Integration

Total Budget: $250K

Project Duration: 12 months

Company Website: https://ynovate-solutions.com/

Project Overview

We are pleased to announce an opportunity for a skilled and experienced


Senior Blockchain Developer to join our team in realizing our client’s vision.
This project aims to create a robust online marketplace that leverages
blockchain technology through the integration of a proprietary token named
“Artnest.” This token will facilitate transactions, enhance user engagement,
and provide unique features such as rewards and loyalty programs. The
project will focus on creating a seamless shopping experience while ensuring
security, transparency, and efficiency.
We are seeking a Senior Blockchain Developer who can commit to working
with us for one year and take on the responsibility of overseeing this project.
We hope to find a candidate who can effectively manage our current project
within the established timeline.

Project Scope and Phases


Phase 1: Token Design and Development

● Goal: Create a secure and compliant cryptocurrency token, such as


ERC-20 or BEP-20, based on the project’s requirements.
● Details:
○ Collaborate closely with our team to define the token's specific
parameters, including supply, decimals, governance, and
distribution.
○ Develop and deploy the smart contract on a suitable blockchain
platform (Ethereum, Binance Smart Chain, or others).
○ Ensure that the smart contract undergoes thorough testing and
auditing to eliminate security vulnerabilities.
○ Provide detailed documentation about the token, including how it
works and how it can be integrated and used.

Phase 2: Integration with Existing System (Backend & Frontend)

● Goal: Seamlessly integrate the newly developed token into the existing
MERN stack-based platform.
● Details:
○ Connect the token’s smart contract with the platform's backend,
enabling users to perform token-related actions (e.g., payments,
transfers).
○ Work with our frontend team to ensure that the user interface
properly reflects token balances and allows for wallet
interactions.
○ Conduct comprehensive testing to ensure smooth integration,
with no disruption to the current system.
○ Provide clear documentation and guidance for our development
team to maintain the integration.

Phase 3: Liquidity Pool Setup and Tokenomics

● Goal: Establish and maintain liquidity for the token to ensure usability
across decentralized exchanges and within the platform.
● Details:
○ Set up a liquidity pool for the token on platforms like
PancakeSwap, Uniswap, or other decentralized exchanges.
○ Define and execute tokenomics strategies, including governance,
token rewards, and liquidity provisions.
○ Collaborate with the client to ensure the long-term viability of the
token and its economic model.
○ Document all tokenomic structures, providing recommendations
for future scalability and growth.

Phase 4: Security Auditing and System Scaling

● Goal: Ensure that all blockchain-related components are secure, robust,


and scalable to meet future demands.
● Details:
○ Conduct regular audits of smart contracts and blockchain
integrations to identify and address any potential security issues.
○ Monitor the performance of the blockchain system, ensuring
optimal transaction speeds and minimizing gas fees.
○ Implement scaling strategies that will allow the system to grow
without sacrificing performance or security.

Phase 5: Ongoing Maintenance and Upgrades

● Goal: Support the platform’s blockchain components with continuous


maintenance, ensuring long-term success.
● Details:
○ Offer ongoing maintenance services for the token, smart contract,
and blockchain integrations.
○ Implement upgrades to enhance the performance and security of
the blockchain system as necessary.
○ Provide continuous support for any evolving project needs,
ensuring that the platform is always running at its best.
○ Keep detailed records of all changes and upgrades to ensure
transparency and accountability.

Project Timeline and Milestones


To ensure smooth progress, we have divided the project into the following
milestones. These will help guide us through the development process while
keeping everything on track and within budget.

Milestone Description Timeline Budget

Milestone 1: Design and develop the 2 months $60K


token; deploy the smart
Token Development contract.
Milestone 2: Integrate the token with the 3 months $60K
existing MERN stack
System Integration system.

Milestone 3: Set up liquidity pools; 2 months $45K


Liquidity Pool Setup finalize tokenomics.

Milestone 4: Perform security audits and 2 months $40K


system scaling
Security Auditing enhancements.

Milestone 5: Provide ongoing support 3 months $45K


Maintenance & and implement necessary
Upgrades upgrades.

Total Duration: 12 months


Total Budget: $250K

Requirements

Required Skills:

● Smart Contract Development Expertise: Strong knowledge of smart


contract development, including experience working with platforms
like Ethereum, Binance Smart Chain, or Solana. You're proficient in
Solidity, Rust, or Vyper and have built and deployed smart contracts for
real-world applications
● Blockchain Knowledge: Deep understanding of decentralized
technologies, blockchain principles, and consensus mechanisms like
Proof of Stake (PoS) or Delegated Proof of Stake (DPoS). You're
familiar with layer 1 and layer 2 blockchain solutions
● Security and Auditing: Experience conducting smart contract audits
and ensuring the security of blockchain applications. You're familiar
with security vulnerabilities like reentrancy attacks, front-running, and
integer overflows, and know how to prevent them
● Gas Optimization and Efficiency: Expertise in optimizing smart
contract code to minimize gas costs. You understand how to write
efficient, scalable code that is both cost-effective and reliable on the
blockchain
● Collaboration and Communication: Strong communication skills with
the ability to work closely with blockchain developers, cryptographers,
and product teams. You're skilled at explaining complex technical
concepts to non-technical stakeholders

Experience Requirements:

● 4 years of experience as a full stack engineer


● 2 years of smart contract development experience
● Expert in JavaScript/TypeScript, React/Next.js (or similar frameworks
like Svelte/SvelteKit)
● Experience with wallet connectors, indexers, and the Ethereum
transaction lifecycle along with related Web3 APIs (e.g. web3.js)
● Familiarity with both relational and non-relational databases (e.g.,
PostgreSQL, MongoDB).
● Experience working closely with design and developer teams to build
applications that enhance user and developer experience.
● Strong problem-solving skills, attention to detail, and a collaborative mindset.
About Us
Ynovate is a leading technology solutions provider dedicated to delivering
innovative software and IT services that empower businesses to thrive in a
digital world.
Established with a vision to bridge the gap between technology and business
needs, we specialize in custom software development, cloud solutions, and IT
consulting. Our team of experienced professionals is committed to leveraging
cutting-edge technologies to create tailored solutions that drive efficiency,
enhance productivity, and foster growth.

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