Roadmap

A Phased Approach to Success

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.

Last updated