Roadmap
A Phased Approach to Success
Last updated
A Phased Approach to Success
Last updated
Hummy's development and launch will proceed through a structured roadmap to ensure timely and efficient delivery of features and services. The roadmap is divided into seven key phases, with detailed milestones to guide the development process.
Phase 1: MVP Development
Research and Framework Design: Conduct comprehensive research on existing smart wallet solutions and design a robust framework that addresses current limitations. This includes selecting the most technology stack and defining the core architecture of Hummy.
Full Wallet Flow Implementation: Develop the end-to-end wallet creation, backup, and recovery processes. This includes implementing a user-friendly onboarding experience, secure key generation and storage mechanisms, and an intuitive interface for managing digital assets.
Base Smart Wallet Functionalities: Build core smart wallet features such as:
Account creation, settings and management
Wallet creation and management
Transaction signing and execution
Transaction history and reporting
Basic portfolio tracking
DEX Integration: Implement integration with decentralized exchanges to enable:
Token swaps with competitive rates
Liquidity provision capabilities
Seamless token transfers between supported networks
Penetration Testing: Perform penetration testing to identify and address potential vulnerabilities before public release.
Phase 2: Alpha Version Development
Core Features Implementation: Develop and implement biometric sign-up, network detection, and automatic token forwarding to provide a seamless user experience from the outset.
Security Audits: Conduct thorough security audits of the smart contracts and wallet infrastructure.
Phase 3: User Testing and Feedback
Alpha Testing: Conduct alpha testing with a select group of users to gather real-world usage data and feedback.
Feedback Integration: Analyze feedback to refine and improve the platform, ensuring that the final product meets user needs and expectations.
Phase 4: Layer 2 and Native Token
L2 Rollup on Testnet: Launch an optimistic rollup based on the OP stack on a testnet to test scalability and performance enhancements.
Launch Native Token: Develop and introduce Hummy's native token, which will be used for gas fees and other platform functionalities.
Phase 5: Beta & Full-Scale Launch
Mainnet Deployment: Deploy Hummy on the mainnet, making it available for public use.
Marketing and Partnerships: Expand marketing efforts to raise awareness and attract users. Establish partnerships with DeFi platforms and other blockchain projects to enhance the app's ecosystem and value proposition.
Phase 6: User Testing and Feedback
Beta Testing: Conduct beta testing with a select group of users to gather real-world usage data and feedback.
Feedback Integration: Analyze feedback to refine and improve the platform, ensuring that the final product meets user needs and expectations.
Phase 7: Feature Expansion
DeFi Services Integration: Integrate additional DeFi services, such as lending, borrowing, staking, and token swaps, to provide users with a comprehensive suite of financial tools.
Universal Fee Mechanism: Develop and implement a universal fee mechanism using the native token to streamline the process of paying gas fees across different blockchain networks.