UnTrade
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Untrade is reimagining digital trading with a
platform that enables any trader to easily
create & deploy algorithms and for investors
to access diverse strategies with real-time performance metrics, powered by a user-centric design, transparent vetting process and collaborative community. ...Show MoreUntrade is reimagining digital trading with a
platform that enables any trader to easily
create & deploy algorithms and for investors
to access diverse strategies with real-time performance metrics, powered by a user-centric design, transparent vetting process and collaborative community. Show More
1:17:37
Milestone Think Tank #1 Untrade
Think Tank #1 is featuring UnTrade led by Karan Sharma.
Read the memo: https://milestonebased.com/memos/milestone-think-tank-1
Milestone Think Tank is a live-streamed pro-bono analysis of the projects and their roadmap with the Certified Partner of milestoneBased.
Learn more: milestonebased.com
This group is comprised of mentors from the Applicature Game Changer acceleration program, advisors to Mempool Ventures, and valuable contacts in the startup industry, including active VCs!
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Milestones
15
Finished
Active
Planned
Unscheduled
Business Idea!
Build business
Short goal
Project Research:
- Analyzing existing trading platforms, especially in cryptocurrency and algorithmic trading.
-Studying market trends, technological advancements, and regulatory environments.
- Identifying market needs and opportunities for UnTrade's innovation.
Market Depth Evaluation:
- Assessing market size and growth trends.
- Conducting competitor analysis and understanding customer demographics.
- Evaluating economic viability and scalability of UnTrade's solutions.
- Gaining insights for strategic planning and product development.
Project Research:
- Analyzing existing trading platforms, especially in cryptocurrency and algorithmic trading.
-Studying market trends, technological advancements, and regulatory environments.
- Identifying market needs and opportunities for UnTrade's innovation.
Market Depth Evaluation:
- Assessing market size and growth trends.
- Conducting competitor analysis and understanding customer demographics.
- Evaluating economic viability and scalability of UnTrade's solutions.
- Gaining insights for strategic planning and product development.
Long goal
Strategic Positioning and Innovation:
- To position UnTrade as a leader in the trading platform market, particularly in cryptocurrency and algorithmic trading.
- To drive innovation by identifying and filling gaps in current market offerings.
Informed Product Development:
- To develop a product that is not only technologically advanced but also aligns with market needs and user expectations.
- To ensure the platform's features and functionalities are ahead of the curve and offer a competitive edge.
Market Expansion and Growth:
- To lay the foundation for sustainable growth by understanding market size, trends, and potential.
- To identify and target the right customer segments for effective market penetration.
Risk Mitigation and Compliance:
- To anticipate and mitigate potential risks, including market, regulatory, and technological risks.
- To ensure compliance with relevant regulations, building trust and credibility in the market.
Revenue Model Optimization:
- To develop a robust and scalable revenue model based on in-depth market understanding.
- To explore diverse revenue streams, ensuring long-term financial sustainability.
Long-Term Vision and Adaptability:
- To align the platform's development with a long-term vision, ensuring it remains relevant and effective in the evolving market.
- To maintain flexibility and adaptability in business strategies, allowing UnTrade to evolve with changing market dynamics.
Strategic Positioning and Innovation:
- To position UnTrade as a leader in the trading platform market, particularly in cryptocurrency and algorithmic trading.
- To drive innovation by identifying and filling gaps in current market offerings.
Informed Product Development:
- To develop a product that is not only technologically advanced but also aligns with market needs and user expectations.
- To ensure the platform's features and functionalities are ahead of the curve and offer a competitive edge.
Market Expansion and Growth:
- To lay the foundation for sustainable growth by understanding market size, trends, and potential.
- To identify and target the right customer segments for effective market penetration.
Risk Mitigation and Compliance:
- To anticipate and mitigate potential risks, including market, regulatory, and technological risks.
- To ensure compliance with relevant regulations, building trust and credibility in the market.
Revenue Model Optimization:
- To develop a robust and scalable revenue model based on in-depth market understanding.
- To explore diverse revenue streams, ensuring long-term financial sustainability.
Long-Term Vision and Adaptability:
- To align the platform's development with a long-term vision, ensuring it remains relevant and effective in the evolving market.
- To maintain flexibility and adaptability in business strategies, allowing UnTrade to evolve with changing market dynamics.
Business Analysis!
Business PoC
Short goal
- Evaluating Business Model
- Financial Projections
- Market Positioning
- Competitor Analysis
- Roll Out Hiring
- Evaluating Business Model
- Financial Projections
- Market Positioning
- Competitor Analysis
- Roll Out Hiring
Long goal
Further research and Hiring!
Business PoC
Short goal
- Risk Management Research
- Multi Custodian Wallet Data Flow
- Designing Secure Data Flow
- Integrating Multiple Custodians
- Hiring the Dream Team
- Recruiting Top Talent
- Risk Management Research
- Multi Custodian Wallet Data Flow
- Designing Secure Data Flow
- Integrating Multiple Custodians
- Hiring the Dream Team
- Recruiting Top Talent
Long goal
Building the Best Dream team which will create a robust product.
Building the Best Dream team which will create a robust product.
Building the Dream Team!
Build business
Short goal
- Roll Out Hiring Positions across All Departments including Product, tech, design, trading desk, and operations.
- Partnered with 30+ HR agencies for hiring at pace
- Get talent from top tier institutes including IITs
- Roll Out Hiring Positions across All Departments including Product, tech, design, trading desk, and operations.
- Partnered with 30+ HR agencies for hiring at pace
- Get talent from top tier institutes including IITs
Long goal
Kickstarting Development Operations
Technical PoC
Short goal
- Build First Manual Trading Engine for 1-To-1, 1-To- many portfolio management Service
- Creation of Product Documentation and roadmap.
- Hire the best team (Started in Q3 2022)
- Company Setup in UAE to explore the Middle east market.
- Build First Manual Trading Engine for 1-To-1, 1-To- many portfolio management Service
- Creation of Product Documentation and roadmap.
- Hire the best team (Started in Q3 2022)
- Company Setup in UAE to explore the Middle east market.
Long goal
- This trading engine will serve as a base technical POC and we build on it.
- Creation of product documentation will serve as guidelines for a smooth development process.
- This trading engine will serve as a base technical POC and we build on it.
- Creation of product documentation will serve as guidelines for a smooth development process.
MVP Outlining and Brand Identity!
MVP
Short goal
- Induction of safety Tools & Mechanisms for funds safety
- Make Many-to-many PMS in Future Market service
- Creating Brand Identity
- Mobile Application Design
- Mobile Application Development (Investor Side)
- Website Design
- Website Development
- Create Socials
- Completion of Product and technical documentation and planning of upcoming developments into sprints
- Induction of safety Tools & Mechanisms for funds safety
- Make Many-to-many PMS in Future Market service
- Creating Brand Identity
- Mobile Application Design
- Mobile Application Development (Investor Side)
- Website Design
- Website Development
- Create Socials
- Completion of Product and technical documentation and planning of upcoming developments into sprints
Long goal
- The creation of Brand Identity will serve as a long-term recall.
- The starting of Planning marketing efforts parallel with the development of MVP will help in early user onboarding.
- Building a robust user-centric trading automation application.
- The creation of Brand Identity will serve as a long-term recall.
- The starting of Planning marketing efforts parallel with the development of MVP will help in early user onboarding.
- Building a robust user-centric trading automation application.
Application Flow Development
Build business
Short goal
- Login, Signup and ac creation functionality including captcha, email - OTP and forget password/update, PIN setup/update functionality.
- crypto exchange API bind functionality.
- User Wallet creation (including mother child wallet functionality).
- Scenario based Subscription flow for onboarding via wallet
- Home page creation.
- user profiling section (avatar, UID, etc)
- Login, Signup and ac creation functionality including captcha, email - OTP and forget password/update, PIN setup/update functionality.
- crypto exchange API bind functionality.
- User Wallet creation (including mother child wallet functionality).
- Scenario based Subscription flow for onboarding via wallet
- Home page creation.
- user profiling section (avatar, UID, etc)
Long goal
August Sprint
Build business
Short goal
- trade page with 3 market types, and order scenarios (open order, open positions and trade history)
filter feature with time, amount etc
- Wallet Page functionality - deduction of Bot commissions, deposit and withdrawals functionality
- FAQs & guide setup.
Security centre functionality (Google auth, Biometric, PIN)
Login Activity (device management system).
- trade page with 3 market types, and order scenarios (open order, open positions and trade history)
filter feature with time, amount etc
- Wallet Page functionality - deduction of Bot commissions, deposit and withdrawals functionality
- FAQs & guide setup.
Security centre functionality (Google auth, Biometric, PIN)
Login Activity (device management system).
Long goal
September Sprint + Acceleration
Build business
Short goal
- AI Strategies/Bots system (analytics, follow/unfollow functionality, ac sync feature, Trade history)
- ROI Calculator
- AI Bot/strategy page - (time, amount, pair, followers, market type based Filter)
- Order history CSV download feature.
- Email & Push Notifications - Mandatory only (trade, sync, wallet related).
- Onboarding Accelerator and getting started with acceleration
- Hiring Community and Marketing Execution team
- Completed competitive analysis in the crypto trading space.
- Identified target audience segments.
- Developed a content strategy.
- Completed keyword research.
- Developed on-site blog content strategy.
- Published initial SEO-optimized blog posts on untrade.io.
- AI Strategies/Bots system (analytics, follow/unfollow functionality, ac sync feature, Trade history)
- ROI Calculator
- AI Bot/strategy page - (time, amount, pair, followers, market type based Filter)
- Order history CSV download feature.
- Email & Push Notifications - Mandatory only (trade, sync, wallet related).
- Onboarding Accelerator and getting started with acceleration
- Hiring Community and Marketing Execution team
- Completed competitive analysis in the crypto trading space.
- Identified target audience segments.
- Developed a content strategy.
- Completed keyword research.
- Developed on-site blog content strategy.
- Published initial SEO-optimized blog posts on untrade.io.
Long goal
October Sprint
Build business
Short goal
- Trade Page - Delta Feature
- Trade Page - Untrade P&L calculation system and P&L Detail Page.
-Trade Page - P&L social sharing screens
- Data parity checker.
- Expanded on-site blog content with additional posts.(150 blogs)
- Promoted blog content on social media.
- Initiated off-site SEO through guest blogging on reputable sites.
- Participation in Future Blockchain Summit and Networking events in UAE
- Marketing Content creative section.
- Wallet address management system. (whitelisting, deletion etc)
- privacy Policy, T&C updates.
- Due Diligence with Accelerator
- Trade Page - Delta Feature
- Trade Page - Untrade P&L calculation system and P&L Detail Page.
-Trade Page - P&L social sharing screens
- Data parity checker.
- Expanded on-site blog content with additional posts.(150 blogs)
- Promoted blog content on social media.
- Initiated off-site SEO through guest blogging on reputable sites.
- Participation in Future Blockchain Summit and Networking events in UAE
- Marketing Content creative section.
- Wallet address management system. (whitelisting, deletion etc)
- privacy Policy, T&C updates.
- Due Diligence with Accelerator
Long goal
November Sprint
MVP
Short goal
- Strategy Maker (backend panel).
- dark/Light Theme.
- System settings center (app update, Currency, floating window, Logout).
- Notification Management system
- Announcements
- Data Parity & Call Execution latency.
- AI Strategy/Bot Scenarios - Popups for Low balance, ac activation, trade square off functionality.
- Expanded on-site blog content with additional posts.(150 blogs)
- Promoted blog content on social media.
- Initiated off-site SEO through guest blogging on reputable sites.
- Onboarding Marketing Agency for Marketing activities
- Partnered with IIT Madras for organising Algorithmic Trading Competition in IIT Tech Meet
- Completion of Project Due Diligence with Accelerator
- Completion of White Paper, Pitch Deck and other Business Documentation
- Drafting the final tokenomics
- Participation in Networking events and showcasing the product.
- Official Partnership with Binance for API and Link Broker Program.
- Strategy Maker (backend panel).
- dark/Light Theme.
- System settings center (app update, Currency, floating window, Logout).
- Notification Management system
- Announcements
- Data Parity & Call Execution latency.
- AI Strategy/Bot Scenarios - Popups for Low balance, ac activation, trade square off functionality.
- Expanded on-site blog content with additional posts.(150 blogs)
- Promoted blog content on social media.
- Initiated off-site SEO through guest blogging on reputable sites.
- Onboarding Marketing Agency for Marketing activities
- Partnered with IIT Madras for organising Algorithmic Trading Competition in IIT Tech Meet
- Completion of Project Due Diligence with Accelerator
- Completion of White Paper, Pitch Deck and other Business Documentation
- Drafting the final tokenomics
- Participation in Networking events and showcasing the product.
- Official Partnership with Binance for API and Link Broker Program.
Long goal
Nearing MVP + Marketing
MVP
Short goal
Product Development Side
- Internal Error reporting system
- Binance FAST API
- Backend Architeture changes (Kafka Implementation, Server on Kubernates, New Login Architeture)
Meta Base Server setup
- Creation of Telegram Channels for API Failure alert system
- Referral System - team, level Up and reward distribution system
Marketing Side:
- Follow content calender
- Initiate Twitter content posting and collaboration with one KOL.
- Increase daily Instagram posts and explore influencer partnerships.
- Conduct SEO audits and implement on-site optimisations.
- Participate in IBW '23 in Bangalore with other networking events
- Organise Inter IIT Algorithmic Trading Competition in partnership with IIT Madras.
- Start registration process for Licensed Cryptocurrency Asset Manager under VARA UAE.
Product Development Side
- Internal Error reporting system
- Binance FAST API
- Backend Architeture changes (Kafka Implementation, Server on Kubernates, New Login Architeture)
Meta Base Server setup
- Creation of Telegram Channels for API Failure alert system
- Referral System - team, level Up and reward distribution system
Marketing Side:
- Follow content calender
- Initiate Twitter content posting and collaboration with one KOL.
- Increase daily Instagram posts and explore influencer partnerships.
- Conduct SEO audits and implement on-site optimisations.
- Participate in IBW '23 in Bangalore with other networking events
- Organise Inter IIT Algorithmic Trading Competition in partnership with IIT Madras.
- Start registration process for Licensed Cryptocurrency Asset Manager under VARA UAE.
Long goal
January 2024
MVP
Short goal
Product Development Side:
- Wallet Locked-in Balance
- wallet funds security feature
- Notification changes
- Email Changes
- Custom Date range Filter on AI Strategy, User P&L pages
- Cumulative P&L Charts.
- Website changes.
Marketing Side:
- Content Optimisations and engagement
- KOL partnerships and onboarding at full scale to create hype for launch.
- Global Ambassador program layout in detail to start from February and onboard early ambassadors
Operations Side:
- Attain crypto licence in UAE and apply for VARA approval.
Product Development Side:
- Wallet Locked-in Balance
- wallet funds security feature
- Notification changes
- Email Changes
- Custom Date range Filter on AI Strategy, User P&L pages
- Cumulative P&L Charts.
- Website changes.
Marketing Side:
- Content Optimisations and engagement
- KOL partnerships and onboarding at full scale to create hype for launch.
- Global Ambassador program layout in detail to start from February and onboard early ambassadors
Operations Side:
- Attain crypto licence in UAE and apply for VARA approval.
Long goal
Final Testing Before Launch
MVP
Short goal
- Final Testing (Load, Sanity, Automation)
- Server health Checks and monitoring system
- API health Checks and monitoring system
- Compliance and legal checks including GDPR.
- How to videos.
- Support system establishment.
- Token Contract Development
- Token Audit
- Start work on trader side application designs
- Further Research on NO CODE ALGO Platform
- Content marketing through own channels and KOLs
- Launch the global ambassador program
- Participate in Global expos and crypto events to gain traction.
- Final Testing (Load, Sanity, Automation)
- Server health Checks and monitoring system
- API health Checks and monitoring system
- Compliance and legal checks including GDPR.
- How to videos.
- Support system establishment.
- Token Contract Development
- Token Audit
- Start work on trader side application designs
- Further Research on NO CODE ALGO Platform
- Content marketing through own channels and KOLs
- Launch the global ambassador program
- Participate in Global expos and crypto events to gain traction.
Long goal
Product Launch
Scale business
Short goal
- Product Launch Videos
- PR release on multiple platforms
- KOL marketing for Token
- Content Optimisations on all platforms
- PPC on all platforms
- Final product version release documentation
- App store and Play store listing.
- Onboarding 400 users
- Product Launch Videos
- PR release on multiple platforms
- KOL marketing for Token
- Content Optimisations on all platforms
- PPC on all platforms
- Final product version release documentation
- App store and Play store listing.
- Onboarding 400 users
Long goal
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