Cyber Bee

Web3&Blockchain, DeFi, Custom software dev company

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Cyber Bee is an IT company providing Web3 & Blockchain and custom software development. Our team has experience in creating a TOP-15 Web 3.0 ecosystem with more than $350 million TVL (according to DefiLlama). We've also developed one of the fastest and cheapest Layer 1 EVM-network on Proof-Of-Stake protocol with its own nodes. 

Our team consists only of senior specialists. With over 7 years of experience, we have worked for clients that include individuals, startups, and enterprises in Web3&Blockchain, Fintech, Healthcare, Insurance, Logistics, Legal, Real Estate, and other industries.

Our Services Include:

Web3 & Blockchain:

  1. Blockchain development
  2. Blockchain assets development (cryptocurrency or token, NFTs with utility)
  3. Transaction and wallet scanner development
  4. Smart contracts development + audit
  5. Decentralized apps development
  6. Node deployment and staking/delegating service
  7. Decentralized Exchanges development
  8. Blockchain bridge
  9. Blockchain-based internal games development
  10. Metaverse development
  11. NFT marketplace development
  12. Web3 & Blockchain consulting

Software development:

  1. Software development
  2. SaaS development
  3. Web app development
  4. Business digitalization
  5. Software consulting

Ai & ML:

  1. AI development
  2. Computer vision
  3. ML development

Team as a service:

  1. Dedicated team 
  2. IT Staff augmentation

Connect with us to discover how we can assist you in realizing your objectives!

$50 - $99/hr
10 - 49
2015
Locations
United Kingdom
Office 1290 182-184 High Street North, East Ham, London, London E6 2JA

Focus Areas

Service Focus

25%
25%
25%
25%
  • Software Development
  • Blockchain Technology
  • Artificial Intelligence
  • Web3

Client Focus

80%
20%
  • Small Business
  • Medium Business

Industry Focus

20%
15%
10%
10%
10%
10%
10%
10%
5%
  • Information Technology
  • Financial & Payments
  • Business Services

Cyber Bee Clients & Portfolios

Key Clients

  • Polytrade
  • Magnus

Web3 ecosystem development
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Web3 ecosystem development
  • Web3 ecosystem development screenshot 1
  • Web3 ecosystem development screenshot 2
$500000+
60 weeks
Information Technology

Building an blockchain network as well as its own ecosystem with over $350 million TVL from scratch.

Business needs

  • Creating a full-fledged Layer 1 EVM-compatible blockchain, based on Proof-of-Stake protocol with internal applications on smart contracts for it, including backend and architecture from scratch;
  • Creation of a successfully functioning web3 ecosystem, based on EVM-compatible Layer 1 blockchain with a decentralized exchange, blockchain bridge, native cryptocurrency asset and multiple functioning decentralized applications.
  • Specialists in blockchain development, business analysis, DevOps and such programming languages as Solidity, Python, JavaScript, Go, Typescript, Rust

Developed

  1. Development of a Blockchain network based on Proof of Stake (PoS) protocol with its own ecosystem, which includes:
  2. A farming system with multiple liquidity pools;
  3. Staking system with multiple validators;
  4. Internal NFT staking products with high APR;
  5. Development of Blockchain bridges and the possibility to send the crypto assets; between different networks 
ETH/Binance Smart Chain/Polygon/Fantom;
  6. Own cryptocurrency assets, available on multiple networks;
  7. Decentralized exchange;
  8. Assets listing on the developed decentralized exchange (DEX);
  9. Internal scanner for transactions on the network

Technology

  • Solidity
  • Python
  • TypeScript
  • JavaScript
  • Go

Features and results

  • Native DEX, Bridge, delegated staking and bridge for multiple assets successfully launched on mainnet;
  • The total active users number reached 90 000+ less than a year after launch;
  • Total TVL of the network on all applications reached $350+ million less than a year after launch
Smart contracts & backend part development for Polytrade (DeFI)
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Smart contracts & backend part development for Polytrade (DeFI)
  • Smart contracts & backend part development for Polytrade (DeFI) screenshot 1
  • Smart contracts & backend part development for Polytrade (DeFI) screenshot 2
$10001 to $50000
8 weeks
Information Technology

Polytrade is a decentralized trade finance platform that aims to transform receivables financing.

Developed

  1. Smart contract for processing debtor requestswith an auxiliary smart contract for debtor assessment and risk management;
  2. Smart contract for the liquidity pool, from which loans will be issued and where they will be contributed by creditors, from where liquidity will be withdrawn upon confirmation of a receivable and where the loan amount will be returned and profits will be distributed
  3. Backend part with API and admin panel.

Tech stack

  • Solidity
  • To implement smart contracts and automation scripts — HardHat was used;
  • For ease of deploying the backend, docker-compose with an Nginx-based proxy was chosen.

Within the framework of the smart contract, the following steps were implemented

  • The ability to work with any number of tokens implementing the ERC20 standard for adding liquidity and issuing loans;
  • The flow of the application, consists of several stages, covering the connection of smart contracts of the system, as well as the project token;
  • Mechanism of automated assessment of the applicant (scoring) by several indicators in two stages — first on the basis of the backend, then on the basis of a smart contract (double-check);
Crypto portfolio managment platform (turnkey development)
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Crypto portfolio managment platform (turnkey development)
  • Crypto portfolio managment platform (turnkey development) screenshot 1
$50001 to $100000
15 weeks
Information Technology

Turnkey development of a crypto portfolio management platform. The product includes tools such as: portfolio optimization, correlation analysis, trading bot for rebalancing, backtesting trading strategies, social portfolios.

Developed

  • Backend development
  • Backend API and database
  • Development of a dashboard that displayed portfolio holdings and performance
  • Frontend development
  • Frontend integration with the backend API to enable real-time updates and trading.
  • API integration with the APIs of various cryptocurrency exchanges to enable real-time trading and portfolio rebalancing.

Deployed & Optimized

  • Deploying SaaS to a cloud-based infrastructure
  • Implemented optimization techniques such as caching, load balancing, and scaling.
  • Caching was used to reduce the load on the database and speed up data retrieval.
  • Load balancing was used to distribute the load across multiple servers, ensuring high availability and preventing overload.
  • Scaling was used to automatically provision additional resources to handle spikes in traffic or demand.
Software with legal specific features development
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Software with legal specific features development
  • Software with legal specific features development screenshot 1
$50001 to $100000
26 weeks
Information Technology

Magnus Legal is a software with legal specific features. It’s a new generation of online platform (CRM) that saves time and increases lawyers’ revenue. Law firms can work with clients more effectively by improving productivity and cost efficiency.

Business needs

Time tracking

  • Track project progress and manage the team better with intuitive timesheet reports.

Accounting

  • Have the possibility in CRM to create and edit invoices and other billing and other types of documentation

Security

  • Include in a system the Encryption, Security, Data Ownership, Control and Privacy, Abuse (GDPR)

Mobility

  • Possibility to have access to the database from all devices anytime

Solution

  • Sharing files with internal and external collaborators (including all activities)
  • Work from anywhere on any device
  • Integration with different services
  • Security (all sensitive information is encrypted)
  • Time tracking
  • Getting the project teams on the same page with unified, secure folders

Product Features

Already developed 6 modules – ready and working and managed to integrate 8 countries databases (business registry). Platform will be in different languages for better usage.

Modules developed

  • Manager dashboard
  • Time tracking
  • Task management
  • Document management
  • Contact management
  • Case management
Building an EVM-compatible Layer-1 chain
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Building an EVM-compatible Layer-1 chain
  • Building an EVM-compatible Layer-1 chain screenshot 1
$50001 to $100000
22 weeks
Information Technology

Challenge

  • The main goal was to build a Layer-1 blockchain that provides a fast and secure way to transfer assets, as well as provides a platform for building multiple decentralized applications.
  • Blockchain should solve problems such as: the scalability and security limitations of existing blockchains.

What approach was used

The Layer-1 blockchain uses a directed acyclic graph (DAG) architecture to achieve faster transaction processing and higher throughput.

This approach allowed to use parallel transaction processing, rather than the linear processing used in traditional blockchain architectures.

The project also uses the asynchronous Byzantine fault tolerance (aBFT) consensus algorithm.

Technologies

  • Golang for the core protocol implementation,
  • Rust for the aBFT consensus mechanism,
  • WebAssembly for smart contract execution.
  • PostgreSQL for data storage,
  • GraphQL for API development,
  • React for building user interfaces.

Additionally, our team developed and actively works on various tools and libraries for interacting with the created EVM network.

Results

  • The chain is in the TOP-15 by TVL among other chains (according to DeFiLlama), with total TVL of $350 million.
  • Transactions amount is ~10000 transactions/day.
  • In 1 year, the total number of active network wallets reached ~100k
Development of a Decentralized Exchange (Swap)
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Development of a Decentralized Exchange (Swap)
  • Development of a Decentralized Exchange (Swap) screenshot 1
$50001 to $100000
17 weeks
Information Technology

Decentralized Exchange (DEX) was built on the custom Layer-1 EVM-compatible blockchain, which allows users to trade various tokens in a trustless, peer-to-peer manner without the need for intermediaries. Created DEX supports multiple currencies, including popular – like BTC, ETH, USDT etc. 

The main goal of developing a decentralized exchange

  • To offer users a seamless and low-cost trading experience with high liquidity and a wide range of supported assets.
  • Additionally, DEX aims to incentivize users to provide liquidity to the exchange by offering various rewards and benefits.

What approach was used

Decentralized Exchange was implemented using the Automated Market Maker (AMM) model, which uses mathematical algorithms to determine the price of assets based on supply and demand.

Specifically, DEX uses the popular AMM protocol, Uniswap, as a starting point and Cyber Bee team had made several optimizations and modifications to better suit the needs of the custom EVM-chain ecosystem.

Technologies

Decentralized Exchange was built using Solidity, the primary programming language used for Ethereum smart contracts, and leverages various tools and libraries in the Ethereum development ecosystem.

Additionally, Decentralized Exchange utilizes various components of the custom Layer 1 chain blockchain, to enable fast and secure trading.


Results

  • Total visits ~25k per month
  • DEX trading volume ~ $100k/24h
Web3 Lottery platform development
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Web3 Lottery platform development
  • Web3 Lottery platform development screenshot 1
$10001 to $50000
14 weeks
Information Technology

The developed decentralized lottery platform enables users to participate in a transparent, secure and fair lottery. The platform is built on a custom Layer-1 Network with external oracles.

It provides a trustless environment where players can participate without the need for intermediaries and can be sure that the results of the lottery are not manipulated.

Challenge

  • to develop a smart contract that can randomly generate winning numbers based on data from external sources (oracles). 
  • setting up an interface for players to participate in the lottery, submitting their numbers, and receiving rewards.

What approach was used

The project was implemented using a combination of smart contracts and external oracles.

The smart contract generates the winning numbers randomly, and the external oracles provide the data for the generation process.

The oracle is a trusted third party and decentralized network that sources data from multiple sources and provides it to the smart contract. The smart contract then use this data to generate the winning numbers and distribute rewards to the winners.

Technologies

  • The project was implemented using Solidity
  • External oracles sourced from various decentralized oracle networks like Chainlink, Band Protocol, and Tellor.
Creating LP Farming pools (DeFi)
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Creating LP Farming pools (DeFi)
  • Creating LP Farming pools (DeFi) screenshot 1
$10001 to $50000
18 weeks
Information Technology

LP Farming on Decentralized Exchange is a way for users to earn rewards by providing liquidity to liquidity pools on the DEX.

Users can earn additional tokens by staking their liquidity pool tokens (LP tokens) in specific farms designated for each liquidity pool.

The LP farming system incentivizes users to contribute to liquidity on the exchange, which helps to increase liquidity and trading volumes.

Challenge

  • Create LP Farming pools on DEX, which will encourage liquidity providers to contribute to the liquidity pools on the exchange.

This helps to create a more vibrant and liquid trading environment for users, which in turn attracts more traders and investors to the platform. 

What approach was used

It was implemented by creating new smart contracts that allow users to stake their LP tokens in specific pools to earn rewards.

The rewards are usually given in the form of the native custom token, and the amount of rewards that can be earned is determined by the amount of liquidity provided and the duration of the staking period.

The LP farming system uses an automated market maker (AMM) model, which allows for continuous liquidity provision without the need for order books.

Technologies

  • It was built on the custom EVM-chain blockchain.
  • The smart contracts were written in Solidity, and the LP farming system uses an AMM model that is similar to other decentralized exchanges like Uniswap.
  • The Decentralized Exchange interface was built using React and web3.js, allowing users to easily interact with the LP farming system and the DEX. 

Results

  • The overall provided liquidity vary from $1 million to $2.5 million in token equivalent, depending on the chosen pool.
Blockchain Scanner (Explorer) development
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Blockchain Scanner (Explorer) development
  • Blockchain Scanner (Explorer) development screenshot 1
$10001 to $50000
12 weeks
Information Technology

Blockchain explorer was developed specifically for the custom Layer-1 network. It provides users with a user-friendly interface to explore and track transactions, blocks, and smart contracts on the network.

Challenge

  • to provide a reliable and easy-to-use blockchain explorer for the custom Layer-1 network.
  • the explorer must also be able to aggregate and display data related to smart contracts and other blockchain activities.

What approach was used

The scanner was implemented as a web application that utilizes various APIs to gather data about the custom Layer-1 network. It provides an intuitive user interface that allows users to search for and explore transactions, blocks, and smart contracts. The project also employs various algorithms to provide advanced analytics and insights related to the network's activities.

Technologies

  • React.js
  • Node.js
  • GraphQL
  • it also utilizes various APIs provided by the custom Layer-1 network to gather data about transactions, blocks, and smart contracts.

Additionally, the project uses various data visualization libraries such as D3.js to display data in an intuitive and user-friendly way.

Delegated staking system development
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Delegated staking system development
  • Delegated staking system development screenshot 1
$10001 to $50000
14 weeks
Information Technology

Delegated staking in the custom EVM-chain network refers to the ability of token holders to delegate their tokens to a validator node in order to participate in the network's proof-of-stake consensus mechanism and earn staking rewards.

Challenge

  • To create delegated staking systems that help secure the network and ensure that validators act in the best interest of the network.
  • By delegating their tokens to reputable validators, users can earn staking rewards without having to run their own validator nodes.

What approach was used

Delegated staking is implemented using the custom EVM-chain network and its  own aBFT consensus mechanism.

Validators who want to participate in the network must stake a minimum amount of tokens and meet other requirements such as maintaining a high uptime and providing secure infrastructure. 

Token holders can then delegate their tokens to these validators through a staking website interface.

Technologies

The custom EVM-chain network uses a variety of technologies to implement delegated staking, including aBFT consensus mechanism and smart contracts to facilitate token transfers and rewards distribution.

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