Established in September 2018, this business offers a user-friendly service for deploying smart contracts on the Ethereum network, specifically focusing on ERC20 token contracts. It allows users to deploy these contracts in minutes without needing any coding skills. Revenue has been growing, with recorded sales surpassing $14,000 in October 2020 and $9,000 in August 2020. The business operates in a nearly serverless fashion, utilizing platforms like GitLab and Netlify, and requires minimal expenses, limited primarily to domain name renewals.
The company monetizes through fees charged for smart contract deployment—$39.99 for tokens and $199.99 for crowdsale contracts—with transactions facilitated using web3 wallets like Metamask, payable in Ethereum's native currency, ETH. Marketing focuses on SEO and maintaining a streamlined and straightforward user experience, with notable untapped potential on social media platforms, particularly YouTube, which shows a high conversion rate from instructional videos.
Despite the growing success, the owners are opting to sell the business to dedicate efforts to a decentralized finance project within the Ethereum ecosystem. They assure no competition between the new project, which involves a decentralized exchange utilizing ERC20 tokens, and the existing service. The business is well-suited for individuals familiar with cryptocurrency who can manage customer support. Assets included in the sale encompass brand elements, domains, social media accounts, and website source code. Basic post-sale support will be provided to the buyer.
I am the CEO in MerkleBlue, a crypto startup from Novi Sad, Serbia.
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1 transaction totalling USD $125,000
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