Author Archive David Adamson

ByDavid Adamson

How to Do SEO of NFT Projects [SEO for NFT Projects]

NFT has been a hot topic recently, people have started recognizing nfts. But they have been in the market for more than a decade, but the question is why are we discussing NFT, how do they benefit the business, in a nutshell how to do SEO of NFT projects. To know all these answers, stay with us. 

What is NFT?

NFT or nonfungible token is a digital asset that is used as proof for the ownership of any physical or virtual assets. They are a kind of digital currency that allows traders to make trades on NFT platforms just like cryptocurrencies. 

The only difference between nft and cryptocurrency is that nft represents a unique cryptographic item that cannot be traded or exchanged.  These assets are maintained in a digital ledger known as blockchains. You refer to Coin Ideology digital team, as they specialize in digital marketing.

An nft is a marketplace where sellers and buyers purchase or sell NFTs, here the buyers rather can purchase NFTs through budding, and the users can enroll in “n” number of NFTs auctions. This simply means you can earn, and create nfts, You are curious how to do that today we will how you can do NFT SEO which will improve your chances of making money.

Social Media

Social media is an absolute necessity for today’s digital marketer. Also, the clarification is very simple, Facebook, Twitter, and Instagram—the three greatest social goliaths—have a customer base of more than three billion clients.

That is almost 50% of the world, a group of people you can use to order consideration for your NFT projects. Twitter is by far the best informal organization for NFT authorities. 

Despite popular thinking, you needn’t bother about an immense crowd to sell your NFT on Twitter. You want an incredible promoting methodology to make your craft assortment turn into a web sensation. Or on the other hand, you can band together with well-known powerhouses to get your art to a greater crowd.

Twitter to the side, Facebook, Instagram, LinkedIn, Telegram, and Snapchat are altogether great advertising stages. You can utilize paid promotion to draw in a huge crowd rapidly. However, for best outcomes, join paid promoting with natural advertising. Grow your struggling business with NFT SEO, they help you make a strategy and grow your business.

Why You Need SEO Marketing

SEO Marketing

Do you intend to trade NFTs as a business? Do you have a site? Assuming you don’t, you’re making it trying to sell your craft. A site is a superb stage to distribute your portfolio. It additionally places you in a decent spot to draw in web traffic from Google, Yahoo, and Bing!

However, there’s one little issue. You want to rank your site on the main page of Google to gain a great deal of traffic. It requires a long time of distributing the quality substance and improving your NFT site for SEO to rank high.

Search engine optimization is a keep going process, best done by a top-of-the-line organization like MoonRanking. Website streamlining includes various changes—watchword research, upgrading titles and labels, enhancing connections and site pages to further develop speed and the general client experience.

The question arises: Isn’t NFT SEO costly? It depends. Assuming you counsel an unpracticed specialist with expensive plans, you’ll pay a truckload of cash for practically no ROI. In any case, on the off chance that you collaborate with an office known for conveying results, then, at that point, the speculation will be financially savvy and productive.

Work With Influencers

Finding support from established leaders and influencers is vital for showcasing any NFT project. Even though it doesn’t bring moment results, you notice how helpful it is to function with powerhouses to advance your venture.

In a perfect world, a crowd of people ought to find out about you elsewhere before they can turn out to be essential for your local area.

That implies assuming you as of now have individuals following your undertaking on various stages, bringing a force to be reckoned with to discuss it can make them more sure with regards to your venture. Powerhouse showcasing can likewise welcome another crowd ready and assist your local area with developing.

Harness The Power Of Email Marketing

Email promoting is quite possibly the best way to contact possibilities. Assuming you want to disclose to your local area what the most recent in your NFT commercial center is, email advertising can assist you with accomplishing that rapidly.

You can begin by sending off an immediate email advertising effort. Contact each prospect that joins your local area. Make a custom email for each client and send it at the perfect opportunity.

Remember data about your next project for the messages. Append instructive recordings on the email to draw in with the clients, and remember to inform them about the recent fads in the business.

Conclusion

These days, advertising is one of the significant elements for making any business fruitful. Showcasing is a significant advance where the organizations can allow individuals to address their new item or administration. In the field of blockchain and digital currency, promoting plays a more extensive part to play. It does not just give exposure to the venture at the underlying stage yet it additionally keeps clients and financial backers drawn in through the excursion.

So, NFT marketing isn’t quite so natural as it sounds. It required center examination understanding, just as financial investigation of the market. Furthermore, it will take a great deal of time, so the method for promoting your item is to get the organization focusing on NFT advertising.

ByDavid Adamson

Top 101 New Mobile App Ideas For 2023

The total amount of smartphone apps available throughout the Apple Store and the Google Play store keeps growing. As a result, programmers’ revenues are also rising, and we wouldn’t anticipate any significant modifications in the following years.

Even though you also possess the necessary expertise and spending plan, arriving with new concepts for a smartphone app seems to be a difficult job in this fast-growing as well as aggressive ground like this. Even so, innovative ideas are essential if you really would like to set up a company, introduce a fresh one, or expand an established one. Therefore, the below 101 app ideas for 2023 are adequate.

Here are 101 new app ideas across various categories:

  1. Social Media:
  • Photo and video sharing app
  • Group chat and messaging app
  • Virtual event platform
  • Video conferencing app
  • Dating app
  • Pet social network
  • Fan club app
  • Influencer marketing platform
  1. Gaming:
  • Mobile games
  • Augmented reality games
  • Esports platform
  • Puzzle games
  • Action games
  • Casual games
  • Multiplayer games
  1. Fitness:
  • Workout and exercise tracking app
  • Virtual personal training app
  • Yoga and meditation app
  • Nutrition and diet tracking app
  • Workout challenges app
  1. Lifestyle:
  • Home organization and management app
  • Personal productivity app
  • Meal planning and grocery shopping app
  • Fashion and beauty app
  • Personal shopping assistant app
  • Home cleaning and maintenance app
  1. Education:
  • Language learning app
  • Coding bootcamp app
  • Online course platform
  • Virtual tutoring app
  • Digital textbook app
  1. Travel:
  • Hotel and vacation rental booking app
  • Flight booking app
  • Tour and activity booking app
  • Travel diary and journal app
  • Local travel guide app
  1. Food and Drink:
  • Recipe and meal planning app
  • Food delivery app
  • Restaurant discovery and review app
  • Meal kit delivery service app
  • Wine and cocktail discovery app
  1. Health and Wellness:
  • Mental health and therapy app
  • Telemedicine and virtual doctor visits app
  • Sleep tracking and improvement app
  • Personalized health and wellness app
  • Medical record management app
  1. Home Automation:
  • Smart home device control app
  • Home security and monitoring app
  • Energy management and monitoring app
  • Home entertainment system control app
  • Home automation and voice control app
  1. Personal Finance:
  • Budgeting and expense tracking app
  • Investment and wealth management app
  • Bill payment and reminder app
  • Personal loan and credit management app
  • Real-time stock tracking app.

These are just a few examples, the possibilities are endless! The key is to find a problem or need and develop an app that provides a valuable solution.

According to the most recent Statistical data, over 6.055 billion mobile phone users worldwide. Furthermore, smartphone software income will reach $935 billion by 2023.

Top-notch smartphone application idea for everybody

A smartphone app is a popular way for companies to discover and reach out to prospective clients. Every member of the younger crowd owns a mobile phone. These three catchphrases of achievement in the smartphone app universe are simplicity, quickness, and easy accessibility. 

However, discovering this and simplifying this for the viewer is a joy. So here are the top 10 app ideas for the upcoming business venture. Over a year, further than 22.4 million people utilize on-demand applications.

Digital Interior Design Software: 

AR applications have already advanced to the point where they can be used as the foundation for fantastic products in various fields. For instance, you could create an application that allows you to upload a picture of your space and, after that, try new things with different indoor design components such as changing wall colors, experimenting with light, adding and removing drapes and household equipment, and so on.

This is a fantastic app concept for a smartphone startup, which you could commercialize by collaborating with furniture shops, repair facilities, or design firms.

Artificial intelligence-enhanced banking solutions:

The financial institution’s industry’s operations have significantly been streamlined due to digitalization. The procedure has become much more concise, and the results are almost every time, nearly every time immediate and easy to understand.

While mobile app development companies make the above job easier, implementing AI inside the financial sector might be a completely different experience. Consider a structure that can recognize your user behavior and display important information in the shape of a center console!

Such software will not just improve the consumer experience; however, this can already be designed to boost the safety of your profile. A genuinely united AI system that allows you to integrate all of your banking activities under one roof.

Application for Environmental Resource control:

The latest fuel crisis has impacted the well-being of business owners and employees. Even a plain lower preparation limit could have easily avoided this kind of emergency. Consider a modular smartphone app that might be used with any energy usage framework to monitor reserves. These solutions pave the way for a more sustainable future.

Many businesses are shifting to greener options to align their processes better with the “greater scheme of things.” However, they fail to grasp the user-friendly software that also provides functionality.

A Useful Tourist Guide:

The tourism sector is massive and contains numerous working components. Therefore, tourists and visitors can enjoy the benefits of an electronic medium that is simple to use and streamlines the entire process.

Travel book software will cater to visitors and vacationers in the location and provide new possibilities to local businesses.

Integrating artificial intelligence into this system could help tourists overcome practical problems in exploration such as language difficulties. Automation can learn from this user’s actions and set up a framework tailored to these actions. 

Many customized software development firms are venturing into the advancement of AI-powered smartphone apps. This might be a show-stopper.

HR Management Software:

This is as easy as that: the HR department can render or shatter your organization. As a result, organizations are being pressured to find innovative strategies to handle human resources to reduce operational expenses and increase effectiveness. Furthermore, the latest disease outbreak has had a massive effect on a firm’s Hr Department.

Unique HR management software can transform the way businesses operate. However, numerous HR activities are becoming obsolete as organizations adopt a combination work model.

Professionals are now under a great deal of stress trying to adjust to new job designs. Whenever it relates to streamlining the procedure, utilizing AI may be the most significant practical answer. AI-enabled Human resource assistants might be a method for fresh employees to avoid this stumbling block.

Appointment Software for Doctors:

Digital healthcare solutions have benefited doctors, clients, and medical providers equally. Mobile health innovation puts all of the information required by healthcare professionals at their hands. 

It also encourages patients to participate throughout their medical services. Doctor appointment applications are a helpful smartphone app notion that can help all parties associated save hours and hard work. It could be an application that allows clients to schedule meetings according to their own and with the help of a doctor. 

Patients would still save energy/cost by not needing to drive long distances and wait in long rows if these booking apps were available. The development of doctor meeting applications has been increasing, and presently is the finest time to put money in one.

App for Transportation:

Many people want to transfer products to specific places as soon as possible, but getting the correct assistance at the proper time is difficult. After unloading their shipment, some automobiles return vacant. Any transportation software can provide information regarding available vehicles for transporting goods in such cases.

AI-Enabled Recording Industry Marketplace:

Famous musicians may find purchasing and selling melodic instruments to be time-consuming and challenging. You could initiate a music business online platform where individuals can buy and sell fresh, utilized, and antique musical equipment. 

Another of the novel innovation concepts is to guarantee that a payment or purchase has been completed at a mutually acceptable value. It enables vendors to produce an auto bid by checking previous follows appropriate to their stream. 

The user must define auto-bid parameters based on the status chosen and confirm if or not that vendor is the power buyer. The mobile app development cost is quite huge.

mobile app development cost

App for tracking spending:

However, keeping track of our monthly income and how much we invest in expenditures is challenging. Some individuals use notebooks and pens to make notes of their purchases, which requires them to manually evaluate everything, collect the outcome, and work similarly.

Do you realize why applications are necessary? Because manual estimation is not always correct, it may turn out to be wrong and will affect your budgeted amount or end up causing you problems in the long term because the spending on expenditures and payment schedule depends on the estimation that you performed manually. 

Moreover, it seems even time-consuming because you must remember all of the minor details and evaluate them accordingly.

The answer to this would be the Spending monitoring app, which allows you to maintain a record of that rental expenditure, billing information, rental or annual payment, and everything else.

App for Event Management:

Handling an occasion is a difficult task because whenever you organize a celebration, everything must be planned as well as not a minute detail can be overlooked. Therefore, you must remember everything in order and employ many units to manage and make the occasions a success.

But when you obtain an application that enables you to plan the entire event, that will be beneficial. Regarding everything, you receive the alert on time and receive the items before the event time frame.

This is feasible by incorporating an appropriate event management application that enables any event, such as a career event, a conference event, a special occasion, and many other significant events, to be easily accomplished.

Conclusion

If you choose any such alternatives, 2023 will become a fantastic year! You can, moreover, go further with these suggestions to create your Smartphone application and run a fruitful small company setup. 

Mobile software concepts, in our viewpoint, work as a chain response- one notion leads to another, and so forth. Consequently, you can use our creative startup concepts or allow them to motivate you to create your own.

ByDavid Adamson

Footprint Analytics: Stellar Aims for Rebound

Last month, the Stellar Development Foundation (SDF) participated in a cryptocurrency hearing hosted by the U.S. House Committee on Financial Services.

CEO Denelle Dixon presented the technology of the Stellar decentralized payment system and its applications. With the recent news that Ukraine and Mexico will be using Stellar to run their digital currencies, Stellar is once again in the spotlight.

What is Stellar?

Launched in 2014, Stellar is a platform that supports cross-border transactions between currency pairs and aims to solve global payments problems through blockchain technology.

The global payments and settlement system is complicated by various fiat currencies and each country’s financial and regulatory systems.

Stellar aims to solve this problem by making transfers between different currencies efficient (within 5 seconds) and low cost (under 1 cent USD) through decentralized transaction validation.

The current status of Stellar

In its seven years of development, Stellar used to have an illustrious history.

It was once a top 10 blockchain project in terms of Market Cap. And even set a record for a 100x increase in token price before DeFi Summer.

Unlike projects in the crypto world, Stellar has built many partnerships with the traditional financial community, including IBM and national financial institutions.

Footprint Analytics - XLM Price

However, according to Footprint Analytics, Stellar is currently growing slowly.

After years of growth, it has a TVL of around US$1.5 billion to date, ranking it 40th among public chains, and this rate is far less than that of the up-and-coming public chains that are just starting.

Stellar’s ecosystem is highly underdeveloped, with only two projects at present and very homogeneous.

Reasons for Stellar’s Slow Growth

Poor Ecosystem Incentives

At the time of Stellar’s creation, an inflation mechanism was set up to prevent a reduction in the circulation of XLM.

Each year the inflation scheme generates tokens equal to 1% of Stellar’s total supply and accounts for more than 0.05% of Stellar’s total share receiving additional XLM coins.

The purpose of the inflatable mechanism is to incentivize. However, analysis by Coinmetrics shows that 98% of the XLM incremental coins went to the SDF (Stellar Development Foundation) and did not benefit the Stellar project.

One reason for this is that the foundation has been involved since the early days and therefore can participate in the annual distribution of newly generated tokens.

The second reason is that most Stellar participants joined during the 2017 burst and are speculative users with little involvement in the ecosystem.

The Omission of SDF

The foundation holds a large number of tokens due to inflationary mechanisms. However, the foundation has failed to use these tokens to help the project function better. Crypto Slate analysts stated in 2019[1] [2]  that the foundation has only consumed $40,000 for community projects. Having a large amount of money but not using it well maps out the inaction of the foundation.

In 2019, the Stellar Development Foundation initially mitigated the token mismatch by ending its inflation plan and destroying more than 50% of its tokens. However, XLM still needs to expand its usage scenario.

The Road Ahead for Stellar

Although Stellar ended up lagging since it’s launch, it is set to make a comeback from 2021.

With the explosion of DeFi projects, multi-currency, cross-chain transfers are a current blockchain pain point, and Stellar offers one of the solutions that define a new standard for global payments.

Stellar has gained market recognition through expanded payment companies, national banks, financial institutions, and more, gaining recognition from multiple parties and several strong partners as a global solution for cross-border payments.

EVM Compatibility

The incompatibility of Stellar contracts with EVM means that developers cannot quickly deploy projects on Ethereum to Stellar in February 2021.

FlareNetworks has announced the integration of Stellar Lumens (XLM) with its smart contract platform, thus enabling compatibility with the Ethereum blockchain. If successfully landed, Stellar will be even more scalable.

Summary

Stellar’s recent moves show that it continues to interface with the financial community and bridge the gap between traditional and on-chain payments.

We can keep an eye on Stellar and look forward to its continued development in solving global payments challenges.

Here are some additional details from the Footprint Analytics report:

  • The number of active addresses on the Stellar network has increased by 15% in the past month.
  • The average transaction value on the Stellar network has increased by 20% in the past month.
  • The XLM price has increased by 25% in the past month.

The report concludes that Stellar is “poised for a rebound” and that the network is “well-positioned to capitalize on the growing interest in DeFi.”

ByDavid Adamson

What is Hashing Algorithm in Blockchain?

In this blog, we will read about what is hashing algorithms and what is used in blockchain development.

To understand the hashing algorithm, we should know how a block looks in a blockchain. Each block has the following fields:

  • Block Number
  • Block Data
  • Previous Hash
  • Hash

There are lots of blocks in a blockchain and the block is connected with the previous block. So they can identify each other.

The blocks identify each other with the hash id. And each block has its unique hash id.

The hash generates with the help of the SHA 256 algorithm.

What is SHA 256 Hashing Algorithm?

There are many hashing algorithms used in different types of blockchain. But SHA 256 is the most popular hashing algorithm among them.

It has 64 hexadecimal characters and each character have is of 4 bits. So in total, it has 64×4=256 bits. That’s why it is called SHA 256 algorithm.

This is the most popular and famous algorithm

How To Generate Hash Using 256 Algorithm?

When we insert any form of data like documents, audio, video, etc in the SHA256 hashing algorithm it converts it into 64 digits numeric form.

Using the data we can identify the block.

A first blog called the genesis block.

See the below example to understand the process:

hashing-algorithm

What are the Requirements of the Hash Algorithm?

One Way – You can convert normal data into hashing data but can’t convert hashing data into normal data.

Deterministic – Every converted normal data will have the same hash value each time.

Fast computation – It should not be more time-consuming, otherwise all the time will be spent on data encryption.

Withstand Collisions – Hackers shouldn’t hack the block.

ByDavid Adamson

5 Things To Consider When Choosing the Right Crypto Trading Platform

The digital cash market is developing with a long jump. A cryptocurrency is an online or virtual stock that is maintained by cryptography, which creates it nearly absurd from manipulation or double-spend. If you are a beginner in this area and desire to be knowledgeable of the crypto trading script app, thus the article is precisely for you. You can find from this writing about how to use crypto websites for sales and so on. We will aim to tie all the factors to it, so let’s go through! 

What do we know from the Crypto Trading site? 

The site is simply an automated computerized procedure that oversees the Internet and tasks endless assignments more productively than human beings.Get more insights inform that nearly half of the online traffic is formulated by bots that correlate with website pages and customers, scan for topics and perform supplementary readings.

Adequate Crypto trading script governs underneath a related essential principle. They’re software programs that accomplish chores utilizing unusual judgement depending on pre-established standards. No extra missed exchanges or missed opportunities – by running a bunch of algorithms, you can automatically acquire, retail or clasp wealth in a fast, beneficial and computerized manner day or night at any place on the planet.

How can you achieve benefits through the Crypto Trading platform? 

Why must you only focus on computerised crypto trading? Double terms will work here: Wall & Street. Numerous overviews infer that almost 80% of crypto trading on the stock business is attained via algorithmic-based automatic systems. Fairly few private traders, regardless, compose the form of algorithmic trading, partly as per the distinct complexes and expenditures. Not everybody is a qualified Python coder or economic expert, but trading script openings are executing a truly sufficient duty at stabilizing the playing room and furnishing saleable sellers, both pupils and improved, a leg up over crypto trading associations.

How is it going to work? Stepwise guidelines: 

By disseminating instantly with crypto marketing and placing injunctions automatically founded on your pre-established conditions, trading platforms recommend tremendous impetus and efficiency, restricted faults and indifferent trading. To business on an exchange, you must uphold a trading set to reach your account with the help of API clues (Application Program Interface), and authorization can be granted to or rescinded at any instant.

 Crypto Trading website processes three vital footfalls: signal generator, execution and risk allotment.

  • The first one, signal generator, basically does the duty of the dealer, composing foretellings and comprehending practical trades being sure of on-demand Infos and technological appraisal pointers.
  • As the manifestation demonstrates, risk allocation is where the crypto trading platform contributes risk as per the specific criteria and requirements allocated by the trader, which normally incorporates how and to what range of belongings is assigned when trading takes place.
  • It’s seizing time off. Execution is the level at which cryptocurrencies are bought and sold relying on the signals produced with the pre-occupied trading industry strategy. At this status, the alarms will be refurbished into API hint pleads that the crypto commerce can interpret and twirl.

Aspects to keep in your mind while selecting the exact crypto trading platform: 

1. Must be aware of the Reputation:

Despite its huge fame, cryptocurrency investing and trading are yet somewhat fresh, and a bunch of native investors have undergone the pointers of fraudsters and charlatans. Because of this, you must evaluate a firm’s prestige before appointing it to kick-start your crypto trading investments. 

Google is one of the simplest directions to verify a platform’s greatness. You can check out through replies and know what additional investors have to tell about a specific outlet. You could moreover tour the platform’s public media reports for a similar objective. 

2.  Appropriate Insurance policies and  funds:

Decent crypto-trading settings or trades will often have secure reserves in position. An insurance budget behaves like a pillow for investors, safeguarding them underneath particular schemes. With an entire support fund, you can realize extra enthusiasm in your trading business movements. 

Few trades are wrapped by the FDIC (Federal Deposit Insurance Corporation). If you select to move with such a forum, you will admire safety for at least various amounts of your all-around venture. 

3.  Protection and security details of the platform :

Safety & Security is, commonly, significant for any sort of trading outlet. Be sure that your selected set has two-facet authentication, which is a sufficient degree of protection as per unique ideals. Each platform that is forfeiting two-factor approval must not be depended upon. 

While retaining two-factor authentication is necessary, it is not so enough. So, the moment you have verified the reality of two-factor authentication, you should then scan if your conceivable trading setting similarly proposes compatibility with serious authentication. Authy, Google Authenticator, and Yubikey are a few of the vastly generally approved programs for two-factor authentication. 

Also, notice if the setting has seized any excess calculates to strengthen its stoners’ insurance. When it appears to be protection, recollecting that further is forever better. 

4.  Exchange of FIAT:

Cryptocurrency investors require a manageable process to market their FIAT cash for commercial components. Likewise, you would moreover prefer to confirm that any crypto revenues that you produce are handily exchangeable into daily money. Click, FIAT commerce. 

Know that all platforms will give several sorts of FIAT alternatives. Also, every FIAT choice will just function with a few distinct banks. For this explanation, you should have fun with the prudency of searching the banks that are consistent with your selected setting’s FIAT commerce network, as well as the business choices that the platform proposes. 

5.  Charges of the website:

A pretty large crypto-trading platform taxes a minor price for every business that you create. Having noticed that, it is vital to point out that these payments are not consistent across settings, which implies that a specific program might indict a smaller or extra crypto platform. 

Because the set pays these taxes depending on percentage-per-trade, they are an essential aspect for any dealer. You will incline to be conducting daily bargains and sales, which implies that a big percentage-per-trade will clarify substantial expenses. Besides, a limited platform even pays expenses at the period of departure.

Conclusion: To get an entire knowledge regarding the mentioned topic, consider the aspects above. You can find here how to promote crypto websites. So, follow the facts and start earning from crypto sites. 

ByDavid Adamson

Cost Estimation of an Offshore Software Development Project

Introduction

One of the most challenging tasks that businesses encounter is calculating the cost of software development and how long it will take to develop an entire project when it comes to offshoring. As we all know, every project has its own specialty and it is unique in its own way which is dedicated to providing all the advantages and features in a given timeframe. Whether you are a developer, software analyst, or customer all have their own set of knowledge, ability to adapt, industry experiences, values, and expectations.

Analyzing the project requirements and calculating the overall cost of offshore software development is a major factor that should be taken into consideration to launch your project successfully. If you think that the cost of software development is only dependent on the project size, complexity, and it is all about numbers, then you’re wrong. It includes various other factors that should be taken into account such as strong relationships among the team members, choosing a reliable development team, well-defined tasks, addressing possible risks in advance, and much more. So, if you desire to have a cost-effective and feature-rich project that empowers your business, then it is important to hire an offshore software development team that not only allows you to access skilled developers but also helps you to manage operational costs and cut down major complications.

Business leaders, customers, users, and economists are consistently straining to optimize expenditure and they want to know beforehand when the project will be accomplished. For business executives and startups, the first factor that strikes their minds is the rational estimation of software development costing.

In this post, we’re going to calculate the overall expenses required to build a product and what are the various aspects that affect the cost of software development. So, without any further ado, let’s get started!

What is Offshoring?

Offshoring is the process of hiring a remote development team in totally different time zones. Basically, it uses the development services of a team that is located in a remote location for software development and facilitates all those services in your home country. For developing a feature-rich app by optimizing the cost, the only best option available for you is, hiring a dedicated development team from another country. It concerns human resources, team maintenance in another country, and surcharge.

Generally, the cost per hour for offshore development is approximately 25-30 USD. That’s why this type is usually the most affordable compared to in-house development and offshoring. In short, we can say that the process of offshore software development is a type of business approach where the service provider is based on the other side of the country.

6. Ways to estimate the cost of offshore software development

1. Software Complexity

While estimating the software development costs, make sure to understand the complexity of your project as it might affect the cost. For instance, the type of software testing and coding, designing, identifying software requirements, look if you’re required to integrate your software with third-party systems or not.

If your app is complex and has a large amount of data and information, then it requires more time to develop an app. Depending on your requirements, if you plan to have a unique interface with custom images, fonts, and icons, then you need to hire a web designer from a top-notch company to deal with all of these.

Lastly, if third-party apps are integrated into your software, then it is not an easy task to develop an app from scratch as it requires more effort and professionals to work on it. This may increase the software development cost as the complexity increases and you’re required to write lengthy code to move data from one system to another.

2. Detailed description and project requirements

Are you one of those clients who can say in the middle of the software development process: I have seen a function on a site, and it looks really amazing! Shall we count on it? If so, then make sure to identify all your project requirements and the technical results, so that you’re not required to add any functionality after the completion of the project. Otherwise, the overall expense increases and the management and scheduling of your project are also affected.

One of the most preferred ways to include all your requirements is making a detailed description so that the development team receives what you exactly want and comprehensive technical tasks. If you’re required to perform some modifications to your project and add some more features to it, then you can directly get in touch with the contractor. So, if you’re required to make some necessary changes to the project, make sure to determine a time frame first so that it becomes relevant to add features in the middle of the project.

3. Software size

Software size is one of the most deciding factors for estimating the cost of offshore software development. It is now commensurate with software development expenses. The procedure is straightforward – If you plan to have more pages, it requires more cost and if you want limited screens and pages, then the cost gradually decreases. 

For example, a small and small app generally has 20-25 feature pages, a medium app has between 30 and 40 pages, and a complex and large app generally has more than 40 feature pages. A large-sized project needs to be optimized and tested more carefully, that’s why the cost of a complex and large project is a bit high compared to small ones.

Let’s say if you’re planning to develop a complex and large-sized project for your business having more than 40 screens and top-class features and functionalities, your cost will definitely increase. So before starting your project, make sure to analyze the software project size and then proceed further.

4. Build a reliable software development team

Choosing a software development company and hiring their development team does not only include developers who work on the technical part of the project but it is a lengthy and complex process. If you want to estimate the cost of software development precisely and in total, provide confirming functions and prerequisites which will enable work on the product.

Whether your business is small or large, everyone desires to have a  successful project that allows the users to access the app effectively. User interface and user experience are the two most important things that affect your project and are preferred in the market. But for this, you need a reliable software development team with experienced project managers, designers, and business analysts that works on your project to transform your ideas into reality. Choosing a top-notch company will help you to streamline the development process for employees and help make the project a useful and sought-after one.

5. Scope and flexibility

Largely, the cost of development is dependent on the scope of the software. Project requirements are directly proportionate to the cost of the software. Every deliverable, assumption, and constraint related to the project will be included in the software costs.

A feature-rich project having all the latest functionalities and integrations with databases have various phases of software development that will directly affect the scope of cost. So, make sure to operate with your teams to develop the most precise and effective estimate, including deliverables and timescales required from both sides.

Choosing a reliable team of developers that chooses a flexible approach that is beneficial to both clients and software development companies is also necessary. It is not possible to fix the software development cost down unless a scope and project timescale is properly identified.

6. In-house or Outsourcing

The software development cost is highly influenced by both in-house and outsourcing. But software outsourcing might reduce your development cost by up to 40% without compromising on the quality of your project.

VariableCost of In-house development in the US(32 hours)Cost of outsourcing development to India(32 hours)
Cost per hire$4,200$1,000
Overall team salary$160,000$40,000
IT expenses$20$0
IT systemMac: $1,800$0
Technology training$1,000$0
Paid benefits$6,500$0
Software license$250 per person$0
Overhead$5,000$0
Total$178,770$41,000

As you can see from the above table, the cost of outsourcing in India helps you to reduce the overall development cost that makes businesses and entrepreneurs choose this approach for their product development.

Final Thoughts

Before you start your software development journey and invest your time and money in it, make sure to identify your project requirements as we discussed in this post. Make a detailed list of all your requirements so that it becomes easier for you to experience the development process smoothly.

The process of software development is not an easy task, it requires dedicated developers and other professionals to fulfill your project needs that will bring great success to your business.

The points that we discussed in this post are part of the successful estimation of software development that will ensure a limited budget and quality life cycle of the product, so make sure to consider such points when you plan to develop software.

ByDavid Adamson

Drive to crypto businesses with more payment options at UTORG on-ramp

Drive to crypto businesses with more payment options at UTORG on-ramp

Crypto FinTech firm UTORG broke down some more silos that stymie mass crypto currency adoption by adding 5 alternative payment methods to its solution. With more checkout options on board, this on-ramp service extends the comfort zone where buying popular coins is fast and easy to almost 200 countries on all continents and in all regions, except for Antarctica. 

Indeed, the vast majority of on-ramp services only allow checking out with a bank card, while UTORG exchange keeps improving and accelerating the flow; more and more users can choose familiar and trusted payment gateways and avoid entering any sensitive financial information when buying crypto. 

Now available on UTORG are: 

  • Apple Pay and Google Pay
  • NeoSurf
  • Instant bank transfers via 20+ Asian banks
  • UPI
  • MULTIBANCO
  • MISTERCASH

Clearly a benefit for end-users and crypto enthusiasts all over the world, this improvement makes UTORG widget a true weapon of mass adoption any crypto business can integrate into their flow within 24 hours to get more new customers, achieve higher sales figures, reduce attrition often caused by suboptimal checkout process, enhance user experience and overall quality of service. 

UTORG is a crypto fintech company operating in almost 200 countries in both B2C and B2B segments. It’s key offer is a payment widget that can be easily integrated with any app or website and allows buying crypto in several clicks. Benefits of thе service include a friendly user-interface, fast integration, low fees, varied payment options, and short AI-based identity verification. The service has valid licenses, obtained a level 2 PCI DSS certificate that proves compliance with strictest personal data and information security requirements, in particular, GDPR. All payment systems available at UTORG also use top-notch data-protection tools, e.g. 3-D Secure protocol implemented by MasterCard and Visa.

ByDavid Adamson

Marketing Strategies for Your Taxi App Before Launching

Suppose you have an important meeting and you are late for the office !!

What now? You can’t miss the meeting nor want to reschedule. What will you do? Right! You are going to book a cab or taxi. And when you have an Taxi Booking App

 to book just by a few clicks is like a wonder for you at that moment.

The above situation is a classic example of how you can integrate the marketing services that connect you with  customers.

Taxi booking apps are considered as more convenient and reliable method to travel. Marketing plays an important role in building such perceptions , and here we are reviewing the Marketing strategies for your taxi app before launching.

Step 1 : Understand the Marketplace

Foremost step is to find “who”.  “ Who” are you and “ Who “ are the people you are going to serve.

Before hopping to “ HOW “, first discover :

Who are you going to serve? Who are they?

 How do they live?

What are the pain points?

 Learn everything about the audience

Proper Market research  can elevate the brand image 10 x times

Suppose, in the case of a Taxi Booking App, who is going to your customer? The ones who don’t have a car or any kind of  vehicle, Right? Middle-class population. Now , the one thing is clear: you have to focus more on discount codes.

Step 2: Plan Customer-Driven Strategy

There are two key objectives of strategy :

 Selecting the right audience to cater

Selecting pillars of marketing strategy

For instance, LIC, what comes first to your mind when you hear this three-letter word. “Zindagi ke Saath bhi Zindagi ke baad bhi “ Right !!

The entire strategy and advertising are based on serving the customer. The brand image of LIC is based on building trust. LIC decided to work with the right audience and with a promise to serve a lifetime. Their strategy pillar was to build a sense of loyalty and dedication towards customers. In Taxi, you choose safety, security, or timesaving, anything which solves the problems of the audience.

Step 3: Making a plan that delivers the solution

After market research, make a plan that focuses on making a firm groin in the audience. While crafting the plan, remember one thing:

The plan should target the audience

The plan must resolve the pain point of the consumer

Include all the marketing and advertising tactics to reach more audiences. Use visual, video, social media print media, and also podcast to reach as many as people you can

Step 4: Execute ,Analyze and Revise 

Now, execute the plan, wait for the result. Result or how you will measure if your strategy is working or not?

Here are some deciding factors to measure the result :

How many new sales did you make?

Which specific deal worked best?

What is attracting customers more? Ann easy transportation or timesaving benefit or any other factor?

Pay attention to what your customers are saying?

Execute, Analyze, and then revise. This formula will keep strategy updated and fresh. To shine in marketing and advertising, you have to find what interests the customers and work on that or else eventually the Taxi Booking App business is going to fall apart.

Now, lets move to Marketing strategies for your taxi app before launching

Social Media Marketing – Social Media fully ingrained in our lives, we start the day with good morning selfies and ends with night snaps. The trends are always in our mind.

In the case of Taxi Booking App, influencers showing taxi apps as a part of their daily routine or tweeting on a trending topic will skyrocket your reach. Social Media is used for entertainment but unintentionally sells you a lot of things. Never miss a social media trend, be active, be responsive and work to connect with your consumer. You will instantly notice an uptick in your genuine customer base.  Don’t miss a silver plate already served to you. 

Advertising and Marketing – You are scrolling Instagram, and suddenly find attractive sandals, what will you do?

You are going to check the other details. This is what marketing makes you do. They first attract, propose and then sell!

Advertising and marketing are two unique huge niches, both involve searching for the right audience and them serving the right dish to them. Before jumping to paid advertising   , be clear about the aim, persona and pain points you are going to resolve. Right strategy can make or break your brand image. Choose wisely!!

Discount And Promotions – Ever wondered why Big billion Day and Black Friday Sale are arranged every year. Understanding the psychology behind Deals and offers isn’t an enigma everyone understands the rationale behind the deals. Still the small profit attracts the customer.

First, give them a safe and secure ride at a cheap price. Users get used to services and the benefits . Another benefit of the discount is that discount with the set time frame. Benefits in limited give a sense of urgency and forces buyers to use the services. The discount brings an influx of sales and the vogue to the taxi app. Try these tactics to shoot up sales. 

Referral Marketing –  Referral Marketing is the premium method to promote your Taxi app. Propose a deal with a code that says “ refer to 10 you will get cashback “. Just like promotion and discount, referral marketing builds a huge user base by word-to-word publicity.

Successful Referral marketing is based on Always Be Thinking of your Customers. If you are still in a dilemma,  let us explain with you an example, GOOGLE the tech giant of the search engine industry, also has its dedicated team for referral promo codes and gift cards. When Google is trying to keep users busy with referrals, then don’t you think referral is the best form of marketing.

Conclusion

Taxi app development is a technical part, but marketing requires connecting with the audience. Research thoroughly, plan strategically,  execute patiently, and re – strategies on the basis of actual facts and data.

ByDavid Adamson

New Announcement – Soon YearnNFT Are Launching YFNFT Minting Model!

Explore the limitless ocean of NFTs with YFNFT Minting Model. Non-Fungible Tokens are bringing Binance Smart Chain blockchain applications to the mainstream. In this article, we will cover following points and context in details.  

  • A short introduction to the current market scenario
  • What is NFT, who can create NFTs and how are NFTs made?
  • Binance Smart Chain and YFNFT Minting Model
  • Best application to use while NFT minting and trading
  • YFNFT Minting Process

Introduction

The advanced in art and graphic distribution is now popular as a Non-Fungible Token, due to its unique value, built and stored on the blockchain. Mainly, NFTs are created, traded and stored on the Binance blockchain however, there are several other tokens that can leverage the creation and storage of NFTs. For the YFNFT Minting Model let’s consider the Binance blockchain.

What is an NFT?

An NFT portray any digital file including but not limited to:

  • Art and Collectible Items
  • In-game tokens
  • Video and Audio

Who can Create NFTs and How to Make NFTs?

Any enthusiasts who possess the ability to create a digital file can freely mint an NFT. The person interested in creative designs and collections can get their hands-on using any trusted minting platform.

If the user can easily access a device to surf online items and data or a person with a little amount of patience can make their very own NFT. Not only make the NFTs but also can proceed to opt for a sale.

Binance and Minting NFTs

There are diverse blockchains and crypto assets that can create, trade, and store NFTs, wherein, in the current framework Binance Smart Chain is the most popular, trusted network. This blockchain enables your NFT to be affordably and easily traded in NFT marketplaces that can be considered as online store to purchase and reserve NFTs.

The user needs a crypto wallet containing BNB to create, trade or mint an NFT. You should initially buy Binance tokens by trading on top recommended exchanges. Else, you can opt for the more prudent approach i.e., purchasing Binance assets using fiat currency like the US Dollar to mint the NFT.

The least recommended amount to budget for NFT minting should be $100 USD in BNB per NFT you want to mint, however, based on the complexity of your NFT, you might look for allocating a larger amount. Though, $100 seems a good base minimum.

Best Application to Use to Mint and Trade NFTs

The easy and most suggested decentralized application to use while minting your NFT is Metamask. Metamask is basically a free app available in Google Play store as well as iTunes.

Mint Your NFT On YFNFT Minting Model

YFNFT DApp does not charge a fee to mint an NFT, however, the user needs to pay a fee depending on the final sale price of your NFT. The payment tokens are utilized to purchase and sell your NFTs. This project supports Binance smart tokens and other crypto coins for trades.

More importantly, the user should connect their crypto wallet to start minting, buying, and selling of NFTs. We highly recommend Metamask wallet to use on YFNFT Minting App, however, any BSC supported crypto wallets are acceptable on YFNFT Minting Model.

YFNFT Minting Process

We offer fairly straightforward minting process for your NFTs.

Getting Started

Visit the YFNFT Minting official site, check for an option to-

  • Explore/create an NFT
  • Few exclusive YFNFT drops
  • Trending NFTs
  • Resources to get started
  • Browse by categories

Connect your Metamask wallet

  • To create a YFNFT account you need to connect your Metamask wallet.
  • Click on the wallet icon located at the top-right corner
  • You will find a list of supported wallets
  • Select Metamask from the list

Once you connect the wallet, you need to set up your profile by feeding a username, profile image, cover and other required details to proceed. Sign in to each update using your Metamask account to apply the necessary changes to your YFNFT Minting account.

Explore and Purchase an NFT

You can now start exploring the NFTs that creators mint across the domain browsing by category / clicking on Marketplace and searching for All NFTs.

To buy an NFT, select an asset from the given list. The user also has a chance to apply filters for price sorting, categories, etc.

Click on ‘Buy Now’, and agree to the YFNFT Minting Model terms.

Metamask will show you a pop up to authenticate your transaction. It will also display the gas costs for proceeding the transaction.

Tap on ‘Accept’, and wait a few moments to confirm your purchase on the Binance blockchain.

You can cross check the BSC link to make sure, and verify the asset is shown in your Metamask wallet and your YFNFT profile as well.

Minting an NFT

We have a simple 4-step procedure to mint your initial NFT collection. As we have already connected a wallet and set up the user profile, move on to the ‘Create’ section for adding your assets.

The user needs to add an appealing description, social links / profile, and banner images. You can freely choose fixed-price listings, auctions, and declining-price listings.

Check out a quick rundown on how to mint your own NFT: –

  • Create a collection

Add some details including name, images, URL [link], description, blockchain with respect to the NFT and payment tokens etc.

  • Add a new item to your collection

Add a description and other required details related to a particular item like supply limit.

  • Set prices and post your listing

The user has an option to set a highest bid, fixed price, or bundle to list their NFT.

  • Confirm from your wallet

Sign the transaction using your wallet which will ask for gas fees. Once done, your item will be finally listed for sale on our YFNFT marketplace.

Congratulations on minting your NFT!

Presale of YFNFT Tokens

The YearnNFT Finance project recently initiated their YFNFT token presale to distribute 40% of the total token supply. This presale was divided into 2 Rounds- Round 1 and Round 2 respectively, each allocated with 20% token supply.

Though Round 1 was a great success, we are headed with Round 2 with a price of 1 YFNFT = 0.16 BNB. The YFNFT token presale is destined to extend due to the market hike in prices and user demands to stretch the closing date.

We will inform you about the end details once decided and the announcement will be made officially. Looking forward to your participation in this event to make it more successful and enormous.

YFNFT Minting Final Thoughts

NFTs are seen attaining strong moment in the form of an emerging asset class. Though this domain is volatile, as per expert’s prediction it will be very lucrative for new beginners and traders.

If you are among the personalities that can create digital art, YFNFT minting can be your new revenue stream that you won’t regret. No, this instance, go forth, mint your NFTs, collect the points/rewards, and make tons of money with YFNFT Minting Model.

Follow our social media channels for more updates and stay tune.

Twitter | Telegram | Medium | Reddit | Facebook | Official Website

ByDavid Adamson

Mobile Wallet Marketing To Increase Consumer Engagement

Nowadays, the mobile wallet is widely used to make payments. Whether on Android or iOS, it is a top priority to make the payment seamless. Hence, mobile wallets are becoming increasingly popular and aim to provide smart services such as payment solutions and mobile wallet marketing opportunities.

Mobile wallets add a level of convenience for customers to be able to carry their entire world within the confines of a single device. As a result, the mobile device is the ideal solution for optimal customer engagement.

Furthermore, there are more sales opportunities when a company adopts contactless payment solutions. In the times of pandemic, mobile wallet solutions are widely used worldwide. This is a top digital payment trend, especially among youth users.

What is Mobile Wallet Marketing?

Mobile Wallet Marketing involves all the marketing efforts and tools that a mobile wallet solution can gather, maintain and enhance the company’s customer base.  Increasing digital payments offers a new mobile marketing channel for businesses that want to please their loyal customers and connect with new ones.

The Power of Mobile Wallet Marketing

Today, amid economic challenges, the adoption of some mobile money payment solutions may be based on increased customer preference for rebates and special offers. Digital wallets may be an ideal solution for smarter buyers looking for offers and promotions. Walker-Sands research indicates that 63% of consumers say they will change their shopping habits to maximize loyalty benefits.

Furthermore, wallets offer an advantageous channel for financial institutions and their merchant networks to transform wallet holders into loyal clients who constantly come back for transactions through the wallet. Also, loyal customers tend to recommend brands to their friends or colleagues, which contributes to attracting new customers by word of mouth.

Mobile Wallet Marketing Tactics

1. Offer Versatile Delivery

The great thing about this payment option is that it assists the organization in adopting a unique approach to its clients. Businesses have the ability to hand out coupons, rewards, and payment options at the client’s fingertips. This mobile wallet solution may be utilized in various areas and plays an important role in strengthening the marketing, which greatly enhances the customer engagement process.

2. Loyalty Cards

Companies may provide clients with digital loyalty cards as part of their customer’s loyalty program.  69% of clients tend to use a mobile loyalty card if it is on their phone.  Businesses can target their clients with one-time offers, discounts, vouchers, and tickets that are unique to their mobile loyalty program.

Corporate loyalty programs also include tiers – the more points you receive, the more status you have as a loyalty member. As mobile wallets can be updated in real-time, customers will not have to miss out on the latest offers or sales.

These incentives may encourage clients to place greater reliance on the services and products of your business. Companies looking to invest in mobile wallet marketing for their loyalty programs should keep customer awareness in mind to improve customer engagement and customer relationships.

3. Mobile Wallet Notification

The real mechanism of mobile wallet marketing is notifications. Digital wallet operators can use different types of alerts and notifications to inform users of a new offer, drawing consumers to their mobile wallets. Customized notification content may target consumers at an ideal time. Companies can send push notifications to notify users about unused coupons or expiry dates.

4. Cashback

Instantaneous cashback is another incentive for customers to make more transactions with their wallets. Cashback in mobile wallets is easy to redeem, fun to use, and easy to assess. The feature not only saves customers money but also makes it possible to use cashback directly to make purchases with the mobile wallet.

The purpose of cashback is to enable clients to make the most of their money. Thus, it is advised to be offered as a friction-free experience – without difficult buybacks or other difficulties for users.

5. Value-Added Services

Apart from rewards and offers, businesses can attract customers by adding value to their mobile wallet offerings. This can be a good strategy to build client loyalty and increase wallet utilization. For instance, a bank or financial institution might differentiate its portfolio by adding value to its ecosystem – insurance offerings, bill payments, remittances, and even non-financial services such as subscription management.

6. Geofencing

Geofencing is defined as the use of GPS to set up a virtual barrier. This is done by using beacons. Geolocation allows you to target customers near a particular location and send them the appropriate push notifications. Notification may remind them how close they are to your branch.

It also offers a redeemable coupon to a nearby restaurant that is in partnership with your company. This type of commitment is great for building customer loyalty, as it allows customers who would otherwise have ignored your store window to enter and make a purchase.

What’s more, by launching a strategic ping, businesses can easily boost financial inclusion with mobile wallets.

In A Nutshell

Mobile technology is getting better with each passing day and with its regular changes, the mobile payment method has taken on a whole new level. The mobile wallet is a simple but efficient approach to increasing client engagement.

Any organization that follows such a strategy could easily increase sales. In a very competitive marketplace, the mobile wallet could be a great deal.


Mobile money payment solutions boost client engagement across multiple industries. Regardless of the type of service provided by the organization or the size of the company. The mobile wallet is useful for all occupations. Hence, each business owner should adopt this approach.