Level01
Protected and fast p2p trading space for cryptocurrency transactions
Level01 is a secure peer-to-peer decentralized finance platform. More specifically, it works with the cryptocurrency market and is based on the Ethereum blockchain.
With Level01, users create and manage their own crypto wallets and store coins in them. The main idea was to let users freely and fairly trade options on the crypto exchange using a well-protected trading environment.
What makes the product special?
- Level01 applies AI prediction to forecast percentage of success for a particular option;
- Multitude of markets provides users with the opportunity to trade both Level01-x and Ethereum tokens;
- Crypto coins in trading-intended wallets are stored separately (the so-called Tradeline balance);
- Level01 has all the advantages that decentralized systems have over traditional ones paying attention to the security and simplification.
Our Collaboration & Tasks
Initial idea was to build a secure and easy-to-use p2p trading solution. Client was to create an MVP for an Android app and target Android users only to get the next round of investments.
During the Discovery phase we've analyzed all goals, reviewed technical challenges and prepared a solid roadmap to cover both iOS and Android apps’ users. As a result we’ve found a way to make a cross platform frontend solution.
Still being focused on Android, we’ve built a foundation to implement Company plans where after getting the investment, Level01 could get to the iOS market as fast as possible.
Project info
P2P trading app development
Project4-6 developers
Team size12+ month
Project durationSolutions provided
Discovery phase including competitors analysis, product architecture, prototype, technical research
P2P Android app published in Store
Agilie based team collaboration based on the flexible SDLC
Agreed communication protocol to keep Multitude of Markets
Development Challenges to Overcome
High-speed data stream
Security issues
Multitude of Markets
Smart contracts
Finding optimal cross-platform dev solutions
Technology Stack Used
Cross-platform development
React Native
Swift
.Net
Kotlin
Blockchain & smart contracts
web3j library
Solidity
Currency rate charts
SciChart
Real-time data processing
WebSocket (SocketIO)
Security
Oauth2
Encrypted database
Obfuscation
Cloud solution
AWS
Key features
Check out the main features implemented to ensure app success and competitiveness.
Secure crypto wallet
Level01 offers a custodial blockchain-based wallet for storing and managing cryptocurrencies. It is easy to use, user-friendly, and (which is the most important thing) well-protected.
Options trading
Level01 provides an opportunity for safe and fair trading in different markets. Users can use Forex, Cryptocurrency, Commodity, create options, etc.
Contracts
Users can create contracts to raise/lower options. Such contracts are needed to avoid foul play to let traders get his share of the profit.
Cryptocurrency charts
Level01 visualizes data using understandable crypto charts. It makes the process of p2p trading on a crypto exchange much simpler and clearer.
AI predictions
Level01 uses AI prediction over contract creation to help managing options more efficiently and mitigate risks.
Our results
On the project, we passed through all the steps to achieve all the goals set.
More than 50,000+ app downloads in Google Play
Well developed and tested scalable solution
Level01 is being actively distributed and popularized in China
