Crypto Wallet Business Plan

I. Executive Summary

1.1 Introduction

Traditional banking systems present several problems for doing any transaction. Every other transaction must process via a middleman, such as a bank, which creates a single point of failure. Additionally, it can be difficult to keep track of all accounts and balances because information can easily be compromised, changed, or even corrupted across several systems where the accounts and balances are kept.

[Company name] intends to reduce or eliminate these problems by providing a cryptocurrency wallet that will allow users to manage different kinds of cryptocurrencies—for example, Bitcoin or Ethereum through its blockchain platform. The platform will provide a facility for users to send, receive, and store crypto, along with the feature to buy and spend cryptocurrencies. Other features of the crypto-wallet include the ability to switch between tokens, stake tokens for a defined return given to users, and access to dApps (decentralized applications) developed on various networks. Delivering privacy, security, interoperability, and scalability will be the company's main priorities.  

1.2 Founder Information

[Company Name] is led by [Founder’s name], who has been in the crypto industry for [x] years. [Founder] is a software engineer and blockchain expert. Before launching his own crypto wallet company, he worked for a number of well-known cryptocurrency and blockchain firms. He will incorporate his expertise and skills into the business and take the company to new heights.  

1.3 Target Customer

As a standard and licensed blockchain platform and crypto wallet company, it will offer a wide range of services to the following clients:

  • Financial service providers
  • Businesses that adopt smart contracts
  • Businesses that make use of cryptocurrencies
  • Video game production organizations (specific token standards have been developed to support the use of blockchain in gaming)

1.4 Why Us

Purchase, stock, send, and exchange tokens:–Available as a web platform, browser extension, and mobile app, the company will equip the customers with a key vault, secure login, token wallet, and token exchange —everything customer needs to manage their digital assets.

Explore blockchain Apps – It provides the simplest yet most secure way to connect to blockchain-based applications. Customers are always in control when interacting on the new decentralized web.

Self-ownership of money –The Company's platform will generate passwords and keys on the customer's device, so only customers have access to the accounts and data. Customers always have a choice of what to share and what to keep private. By comparison, money in a bank is technically the bank's property.

Ability to send transactions to whomsoever and whenever one likes –Decentralized cryptocurrencies are censorship-resistant because no one controls the network, making it hard for anyone to stop transactions.

Robust Reporting Experience –The platform will allow users to produce a wide variety of comprehensive reports organized by portfolio, holdings, and line items. It will also have filters by transaction type, asset, account, and key dates to create more focus.

1.5 Financial Highlights

Financial Highlights
Strategic Business Plans