CML Team Ltd

CML Team Limited is a global technology consultancy that builds holistic end-to-end solutions and platforms for startups and enterprises. I’m the CEO of the company and basically responsible for managing our organization.

We focus on helping growing startups to scale up the development of the product quickly and efficiently. We offer services to the industries we are particularly good at and help them build a long term relationship with the clients by taking some equity in exchange for lowering the price for our services. That allows us to win in the long run.

Industries we generally cater to are FinTech, Crypto, Hospitality, and Entertainment. In most cases, we build a long term relationship with the clients, so usually, we continue to work with most of them after the pilot project gets over. I would say 90% of our clients are repetitive ones.

We provide multiple services for our clients in Crypto space, and we are continually growing our expertise and services. Our services include – Dapps and smart contracts design, development, audit, security and wallet protection, Web3 integration, Crypto exchanges’ APIs’ integrations.

Even though we position ourselves as a platform-agnostic company, historically, we have more clients on Ethereum and EOS platforms.

There’re several tools we use. To mention a few: Ethereum, Web3, Truffle, MetaMask, Scatter, Status.im, Oraclize, EOSJS, Ganache, Drizzle, and many more.

We believe that each technology, each protocol solves its task. Decentralized ones solve their tasks; we do not expect the decentralized protocol to act as a “substitute” or to be “more significant.” We expect them to develop and reach their maturity in upcoming years.

Throughput is the primary issue with the trustless distributed systems. For blockchain developers, the challenge is to increase the overall system TPS by introducing novel consensus algorithms, sharding. Client applications may also increase performance by using off-chain communication as much as possible. This includes payment channels and other off-chain techniques.

This is quite a controversial topic. We believe that ICOs or their future analogs should play an essential role in decentralized startups’ space. But we need to wait until regulations and blockchain technology itself become mature enough to make it possible.

We estimate the complexity based on our previous experience, this includes the amount of work to be done, the complexity of tasks, skills of resources required and risks that might apply to the successful execution of the project.

It depends on our relationship nature with the client. It might be fixed price, times, and materials, we might provide a discount in exchange for some equity. Usually, we’re more interested in long term relationships with the client, so we sign long term on-going contracts with them.

The projects that we catered to in 2018 ranged from 20,000 to 150,000 USD.

So far, we’re quite happy with our collaboration with Goodfirms, although sometimes it’s not quite easy to measure the exact impact the platform provides to us. Occasionally potential clients might find us through the platform, and sometimes that uses it as a reference to our credibility. Nevertheless, we would recommend the platform for any company that would like to increase the visibility in blockchain space as well as to the customers who are seeking a good service provider in the space.