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Decentology

Decentology makes blockchain app development easy.

USA, California
Market: Blockchain
Stage of the project: Operating business

Date of last change: 11.10.2020
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Idea

Decentology's "DappStarter" platform saves developers time and money by reducing the complexity and friction of developing blockchain apps by 80%. Using DappStarter, developers can make choices from a selection of modules and get custom, full-stack source code, for a blockchain app that is secure and conforms to industry best-practices. We have a freemium business model and make money when businesses pay for premium modules or blockchain transactions. Our platform is live and over 1,000 projects have been created.

Current Status

Our product DappStarter is live at https://dappstarter.decentology.com. In the first month, more than 1,000 projects were created on the platform and the usage continues to grow.

DappStarter is a SaaS platform with a freemium business model. We have not yet introduced any of the premium options as we are still working on the payment processing and premium features.

Market

Please see our pitch deck.

Problem or Opportunity

Blockchain app development is very difficult and high-friction. Due to the lack of up-to-date documentation and the complexity of setting up the dev environment and writing blockchain smart contract code, there are not many developers who can build blockchain apps.

By creating a platform that makes it very simple for developers to build blockchain apps, we have a huge opportunity to capitalize on the $2.2 billion projected market (by 2023) for blockchain apps and establish first-mover advantage.

Solution (product or service)

Our product is DappStarter, a SaaS platform that makes it super easy for developers to build apps on the blockchains we support (currently Ethereum, Flow, Solana). DappStarter generates a full-stack source code project based on modules choices made by the developer saving them 80% in time and cost. We provide the Smart Contract code, Web UI, unit tests and server API so the developer gets a true full-stack application.

Competitors

Please see our pitch deck.

Advantages or differentiators

Please see our pitch deck.

Finance

Please see our pitch deck.

Business model

Please see our pitch deck.

Money will be spent on

Funds will be spent primarily on product development so we can add premium features to the platform.

Offer for investor

We are raising $2 million at a pre-money valuation of $8 million.

Team or Management

Risks

Please see our pitch deck.

Incubation/Acceleration programs accomplishment

We are in the following programs:

- Dapper Labs Alpha Innovation program
- NEAR Protocol acceleration program
- Microsoft for Startups program

Won the competition and other awards

Won Wanxiang Hackathon 2019 in Shanghai
Won Klaytn Hackathon 2019 in Seoul

Product Video

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video