Week #1 #

Team Formation and Project Proposal #

Team Members #

Value Proposition #

• Identify the Problem: Cryptocurrency traders often struggle with inefficient trading mechanisms, high latency, vulnerability to attacks such as MEV, and poor liquidity management, which can lead to substantial financial losses.

• Solution Description: Our platform provides a robust solution by offering automated tools for sniping new liquidity pools, managing risks through stop loss and take profit features, and detailed analysis of token metrics and smart contracts. This ensures traders can make informed, swift decisions in a volatile market.

• Benefits to Users: Users benefit from real-time, low-latency trading, enhanced security against common blockchain attacks, and comprehensive token analysis, which altogether enhance trading efficiency and safety.

• Differentiation: Our platform stands out by integrating direct blockchain interactions, which reduces dependency on third-party APIs and minimizes latency. Additionally, our advanced features like liquidity filtering and customizable buy slippage options provide users with unparalleled control over their trading strategies. Here is a table of competitor analysis:

  Bot Name	Interface Design	Usability	Performance Monitoring	Security Features	Supported Platforms	User Experience Highlights	Functionality	Key Features	Cost	Supported Networks
  Mizar	Clean, modern	High	Real-time analytics	Two-factor authentication	Web, Mobile	User-friendly with clear navigation, suitable for both beginners and advanced traders	Hybrid sniping, copy trading	Multi-strategy, Telegram integration, TradingView signals	$0, $15, $30 per month	Uniswap, Binance, MEXC, Gate.io, KuCoin
  Unibot	Simplified, Telegram	Very High	Fast market updates	Privacy-focused	Telegram	Simplified access via Telegram, privacy-focused with seamless trading experience	Multi-network support, Telegram scanner	Copy trading, bridge aggregator, market scanner	Not specified	Ethereum, Base, Solana, Arbitrum
  Maestro	Detailed, Telegram	High	Detailed ICO	Anti-rug pull	Telegram	Convenient for ICO investments and whale tracking, highly customizable for advanced users	Whale tracking	Anti-rug pull, DEX sniping, customizable settings	Not specified	Ethereum, BNB Chain, Arbitrum
  Launch Sniper	Professional, plan-based	High	High-speed operations	Full node security	Web	High-speed operations with user-focused support, tailored plans for different user needs	AI-driven picks	Full private node, fastest server, unlimited AI picks, 24/7 support	$395 - $995 lifetime	Not specified
  Banana Gun	Competitive, detailed	High	Transaction status tracking	Anti-rug, private transactions	Web	Easy transaction management with anti-rug and private transaction features	Auto and manual sniping	Anti-rug, private transactions, sandwich protection, adjustable slippage	0.5% fee on buys and sells	Ethereum
  Photon	Specific, Solana-focused	Medium	Performance filters	Rug pull protection	Web	Detailed filters and settings for precise sniping, suitable for Solana ecosystem users	Solana-specific sniping	Liquidity filters, minimum holders, customizable parameters	Not specified	Solana
  Trojan	Simple, Telegram	Medium	Basic tracking via Telegram	Simple security	Telegram	Simple and easy to use, ideal for Telegram users focused on Solana trading	DCA tools	Accessible via Telegram, easy to use	Not specified	Solana
  DexBot	Advanced, versatile	High	Real-time status monitor	Anti-blacklisting	Web	Comprehensive trading tools with detailed analytics, suitable for diverse trading strategies	Advanced trading tasks	Contract security scan, anti-blacklisting, batch buy/sell	Not specified	Multiple main-nets
  BullX.io	Intuitive, multi-chain	High	Real-time data	Contract security	Web, Mobile	Versatile and intuitive with real-time data and customizable options for various networks	Multi-chain trading	Real-time charts, customizable gas fees, contract security, copy-trading	Not specified	Ethereum, BNB, Polygon

• User Impact: Traders will experience a more streamlined and secure trading environment, leading to better management of their investments and potentially higher profits due to timely and informed decision-making.

• Accessibility for Newcomers: Our platform is designed to be extremely user-friendly, especially for newcomers to cryptocurrency trading. It provides simplified tools and interfaces that make it easier for beginners to understand how trading works, thus reducing the likelihood of costly mistakes and enhancing their overall trading experience.

Lean Questionnaire #

1. What problem or need does your software project address?

   • The project addresses the need for a reliable, secure, and efficient trading platform on the TON Blockchain, focusing on issues such as high latency and vulnerability to MEV attacks.

2. Who are your target users or customers?

   • The target users are cryptocurrency traders and investors active on the TON blockchain, including both novice and experienced traders.

3. How will you validate and test your assumptions about the project?

   • Initial assumptions will be tested through user interviews, surveys, prototype testing, A/B testing, and analytics post-launch to measure user engagement and satisfaction.

4. What metrics will you use to measure the success of your project?

   • Key performance indicators include user acquisition rates, active users, transaction volume, user retention rates, and feedback scores. System performance will also be monitored.

5. How do you plan to iterate and pivot if necessary based on user feedback?

   • The development cycle will be agile, allowing for iterative releases based on user feedback, with regular updates and feature additions based on user demand and market trends.

Defining the Vision for Your Project #

• Overview: Our project aims to revolutionize cryptocurrency trading on the TON blockchain by providing a comprehensive suite of tools that enhance trading efficiency and security.

• Schematic Drawings:

• Tech Stack:
  • Backend: Python (FastAPI), PostgreSQL
  • Frontend: React.js
  • Blockchain Interaction: Pythoniq (TON Blockchain SDK with native ADNL protocols implementations)