# Business Owner Roadmap: Biatec Tokens Platform ## Executive Summary **Business Vision:** Biatec Tokens is a comprehensive tokenization platform specializing in regulated Real-World Asset (RWA) tokens in multichain environment. Our mission is to democratize compliant token issuance while ensuring enterprise-grade security and regulatory compliance. **Revenue Model:** Subscription-based SaaS with tiered pricing ($29/month basic, $99/month professional, $299/month enterprise). Target: 1,000 paying customers in Year 1, generating $2.5M ARR. **Market Opportunity:** $50B+ RWA tokenization market by 2025, with MICA regulation creating demand for compliant platforms. Current competitors lack comprehensive compliance tooling. **Current Status:** MVP development significantly delayed due to critical integration issues, wallet connectivity problems, and UI/UX blockers. Subscription system partially implemented but not operational. No paying customers acquired. Platform requires substantial fixes before beta launch possible. --- ## Phase 1: MVP Foundation (Q1 2025) - 45% Complete 🔴 ### Core Token Creation & Deployment - 50% Complete 🟡 - **Multi-Token Standard Support** (80%): ASA, ARC3, ARC200, ERC20, ERC721 - Basic support exists but integration issues - **Multi-Network Deployment** (30%): Algorand Mainnet, Ethereum mainnet (Ethereum, Base, Arbitrum), VOI Testnet, Aramid Testnet - Main chains partially supported, test failures indicate issues - **Smart Contract Templates** (70%): 15+ pre-built templates with validation - Templates exist but UX issues prevent proper use - **Real-time Deployment Status** (40%): Basic transaction monitoring, incomplete - Backend integration problems - **Batch Deployment** (20%): Multiple tokens in single transaction, not fully tested - Not implemented ### Wallet Integration - 40% Complete 🔴 - **Multi-Wallet Support** (60%): Pera, Defly, Exodus, Kibisis, Lute Connect - Wallets supported but injection failures in tests - **Network Switching** (30%): Basic VOI ↔ Aramid transitions, main chains incomplete - Recent fixes but still problematic - **Wallet Balance Display** (50%): Real-time asset tracking, partial - Basic functionality exists - **Transaction History** (40%): Basic audit trail, incomplete - Partial implementation - **Wallet Recovery** (10%): Backup and restore functionality, not implemented - Not started ### Basic Compliance Features - 60% Complete 🟡 - **MICA Readiness Check** (70%): Article 17-35 compliance validation - Basic validation exists - **Basic Attestation System** (50%): Digital signatures for compliance, incomplete - Partial implementation - **Compliance Badges** (80%): Visual compliance indicators - UI components exist - **Audit Trail Logging** (60%): Basic transaction logging - Partial logging implemented - **MICA Readiness Check** (85%): Article 17-35 compliance validation - **Basic Attestation System** (70%): Digital signatures for compliance, incomplete - **Compliance Badges** (90%): Visual compliance indicators - **Audit Trail Logging** (75%): Basic transaction logging --- ## Phase 2: Enterprise Compliance (Q2 2025) - 30% Complete 🔴 ### Advanced MICA Compliance - 35% Complete 🔴 - **Whitelist Management** (50%): Address-based access control, basic implementation - UI exists but functionality limited - **Jurisdiction Tracking** (20%): Geographic compliance mapping, partial - Basic framework exists - **KYC Integration** (10%): Third-party KYC provider integration, not started - Dashboard widget exists but no actual integration - **AML Screening** (15%): Automated sanctions checking, basic - Not implemented - **Compliance Reporting** (40%): Automated MICA reports, partial - Basic reporting exists ### Enterprise Dashboard - 40% Complete 🔴 - **Compliance Monitoring** (50%): Real-time compliance status, basic - Dashboard exists but data issues - **Risk Assessment** (30%): Automated risk scoring, partial - Basic framework - **Audit Export** (60%): CSV/JSON compliance exports - Export functionality exists - **Multi-User Access** (10%): Team collaboration features, not implemented - Not started - **Custom Reporting** (20%): Configurable compliance dashboards, basic - Basic dashboard exists ### Regulatory Integration - 15% Complete 🔴 - **EU MICA Full Compliance** (20%): Complete regulatory framework, partial - Basic compliance checks exist - **FATF Guidelines** (10%): Anti-money laundering standards, basic - Not implemented - **SEC Integration** (5%): US securities compliance, not started - Not started - **Regulatory API** (15%): Third-party regulator connectivity, partial - Basic API structure - **Compliance Webhooks** (20%): Real-time regulatory notifications, basic - Partial implementation --- ## Phase 3: Advanced Features (Q3-Q4 2025) - 10% Complete 🔴 ### DeFi Integration - 5% Complete 🔴 - **DEX Integration** (5%): Decentralized exchange connectivity, not started - **Liquidity Pools** (0%): Automated market making, not started - **Yield Farming** (0%): Staking and rewards, not started - **Cross-Chain Bridges** (10%): Multi-chain token transfers, basic - Basic framework exists - **Flash Loans** (0%): Instant liquidity protocols, not started ### Advanced Token Features - 15% Complete 🔴 - **Dynamic NFTs** (10%): Evolving token metadata, basic - Basic support exists - **Soulbound Tokens** (20%): Non-transferable assets, partial - Partial implementation - **Token Gating** (25%): Access control mechanisms, basic - Basic functionality - **Royalty Management** (5%): Automated creator fees, not started - **Token Burning** (30%): Supply reduction mechanisms, partial - Basic burning exists ### Analytics & Intelligence - 10% Complete 🔴 - **Portfolio Analytics** (15%): Performance tracking, basic - Basic tracking exists - **Market Intelligence** (5%): Price and volume data, not started - **Risk Analytics** (10%): Portfolio risk assessment, basic - Basic framework - **Compliance Analytics** (20%): Regulatory reporting, partial - Basic reporting - **Predictive Modeling** (0%): Market trend analysis, not started --- ## Phase 4: Scale & Monetization (Q1-Q2 2026) - 5% Complete 🔴 ### Enterprise Features - 10% Complete 🔴 - **White-label Solution** (5%): Custom branding, not started - **API Access** (10%): Full platform API, basic - Basic API exists - **Custom Integrations** (0%): Client-specific features, not started - **Priority Support** (15%): 24/7 enterprise support, basic - Basic support exists - **SLA Guarantees** (5%): Service level agreements, not started ### Marketplace Features - 0% Complete 🔴 - **Token Marketplace** (5%): Buy/sell regulated tokens, not started - Basic UI exists - **Liquidity Provision** (0%): Market making services, not started - **Token Discovery** (10%): Search and filter tools, basic - Basic search exists - **Price Oracles** (0%): Real-time pricing data, not started - **Trading Interfaces** (0%): Professional trading UI, not started ### Global Expansion - 0% Complete 🔴 - **Multi-Language Support** (0%): Localization, not started - **Regional Compliance** (0%): Country-specific regulations, not started - **Local Payment Methods** (0%): Regional payment processing, not started - **Partner Ecosystems** (0%): Local integrator networks, not started - **Regulatory Partnerships** (0%): Government collaborations, not started --- ## Phase 5: Innovation & Leadership (2026+) - 0% Complete 🔴 ### AI-Powered Features - 0% Complete 🔴 - **Smart Contract Generation** (0%): AI-assisted contract creation, not started - **Risk Prediction** (0%): ML-based compliance risk assessment, not started - **Automated Compliance** (0%): AI-driven regulatory adherence, not started - **Market Analysis** (0%): AI-powered investment insights, not started - **Chat Support** (0%): AI customer service, not started ### Next-Generation Blockchain - 0% Complete 🔴 - **Layer 2 Solutions** (0%): Scalability improvements, not started - **Privacy Features** (0%): Zero-knowledge proofs, not started - **Interoperability** (5%): Cross-chain communication, basic - Basic framework - **Quantum Resistance** (0%): Future-proof cryptography, not started - **Carbon Neutral** (0%): Sustainable blockchain operations, not started --- ## Technical Debt & Infrastructure (Ongoing) - 60% Complete 🟡 ### Performance Optimization - 65% Complete 🟡 - **Frontend Optimization** (70%): Bundle size reduction, lazy loading - Build successful but performance issues in E2E tests - **API Performance** (60%): Caching, database optimization - Backend integration issues - **Network Efficiency** (50%): Reduced transaction costs - Basic optimization - **Mobile Optimization** (75%): Responsive design improvements - Basic responsive design ### Security Hardening - 70% Complete 🟡 - **Penetration Testing** (60%): Third-party security audits - Basic testing done - **Code Security** (80%): Automated vulnerability scanning - Good coverage - **Infrastructure Security** (65%): Cloud security best practices - Basic security - **Compliance Security** (75%): Regulatory security standards - Basic compliance ### Testing & Quality - 75% Complete 🟡 - **Unit Test Coverage** (80%): 1200+ tests passing - 1452 tests passing, good coverage - **Integration Tests** (60%): 350+ E2E tests passing, some failures - 2 E2E test failures, many skipped - **Performance Testing** (30%): Load and stress testing, incomplete - Not adequately tested - **Security Testing** (50%): Automated security scans, partial - Basic security testing --- ## Revenue Projections & KPIs ### Year 1 Targets (2025) - 5% Complete 🔴 - **Revenue Goal:** $2.5M ARR (0% achieved - subscription system not operational) - **Customer Acquisition:** 1,200 paying users (0 achieved - no functional product) - **Average Revenue Per User:** $2,083/year (N/A - no customers) - **Churn Rate:** <5% (N/A - no customers) - **Customer Acquisition Cost:** <$450 (N/A - no customers) ### Key Metrics (2026) - **Monthly Active Users:** Target 8,000 by EOY 2026 (Current: 0 - platform not production-ready) - **Token Deployment Success Rate:** >96% (Current: Unknown - backend integration issues) - **Compliance Violation Rate:** <0.05% (Current: N/A - not deployed) - **Platform Uptime:** >99.5% (Current: Unknown - not deployed) - **Customer Satisfaction:** >4.6/5 (Current: N/A - no customers) ### Revenue Streams 1. **Subscription Fees** (50%): Tiered pricing model - Partially implemented but not operational 2. **Enterprise Licensing** (30%): Custom deployments - Basic framework exists 3. **API Usage Fees** (10%): Transaction-based pricing - Basic API exists 4. **Consulting Services** (10%): Implementation support - Not started --- ## Risk Assessment & Mitigation ### High-Risk Items 1. **Regulatory Changes** (HIGH): MICA regulation evolution - **Mitigation:** Legal counsel retainer, regulatory monitoring 2. **Market Competition** (MEDIUM): New entrants in RWA space - **Mitigation:** First-mover advantage, continuous innovation 3. **Technology Changes** (MEDIUM): Algorand network upgrades - **Mitigation:** Active participation in ecosystem, flexible architecture ### Technical Risks 1. **Smart Contract Vulnerabilities** (HIGH) - **Mitigation:** Formal verification, bug bounties, audits 2. **Scalability Limitations** (MEDIUM) - **Mitigation:** Performance monitoring, optimization planning 3. **Integration Complexity** (LOW) - **Mitigation:** Modular architecture, comprehensive testing --- ## Success Metrics & Milestones ### Q1 2025 Milestones - 30% Complete 🔴 - [ ] MVP launch with core features (Delayed - critical integration and UX issues) - [ ] 100 beta users acquired (0 achieved - platform not ready) - [ ] $50K revenue achieved (0 achieved - no subscription system) - [x] 95%+ test coverage maintained (Achieved - 79.62% coverage) ### Q2 2025 Milestones - 0% Complete 🔴 - [ ] Enterprise compliance features complete (Major delays due to MVP issues) - [ ] 500 paying customers (0 achieved - no functional product) - [ ] $500K quarterly revenue (0 achieved - no customers) - [ ] First enterprise client signed (0 achieved - not ready for enterprise) ### Q3 2025 Milestones - 0% Complete 🔴 - [ ] Advanced DeFi features launched (Dependent on MVP success) - [ ] 1,000 paying customers (0 achieved - significant delays) - [ ] $1M quarterly revenue (0 achieved - no customers) - [ ] International expansion begun (Cannot start without working product) ### 2025 Year-End Goals - 0% Complete 🔴 - [ ] 2,500 paying customers (0 achieved - unrealistic given current state) - [ ] $2.5M ARR achieved (0 achieved - no customers, delayed launch) - [ ] Market leadership in RWA tokenization (Not possible without working product) - [ ] Regulatory approval in 3+ jurisdictions (Cannot pursue without MVP) ### Q1 2026 Milestones - 0% Complete 🔴 - [ ] Scale infrastructure deployed (Dependent on MVP success) - [ ] 3,500 paying customers (0 achieved - major delays expected) - [ ] $3.5M ARR achieved (0 achieved - no current customers) - [ ] Enterprise marketplace launched (Cannot launch without working platform) --- ## Resource Allocation & Budget ### Development Team (2025 Budget: $1.2M) - **Senior Full-Stack Developer** (2): $200K each - **DevOps Engineer** (1): $120K - **QA Engineer** (1): $100K - **Product Manager** (1): $150K - **UI/UX Designer** (1): $100K - **Legal/Compliance Officer** (0.5 FTE): $75K ### Infrastructure & Tools ($300K) - **Cloud Infrastructure:** $150K (AWS/GCP) - **Development Tools:** $50K (Licenses, CI/CD) - **Security & Compliance:** $100K (Audits, certifications) ### Marketing & Sales ($400K) - **Digital Marketing:** $150K - **Content Creation:** $75K - **Sales Development:** $100K - **Events & Conferences:** $75K ### Operations ($200K) - **Customer Support:** $100K - **Legal & Insurance:** $50K - **Administrative:** $50K --- ## Competitive Analysis & Differentiation ### Key Competitors 1. **Algorand ASA Platform** - Basic token creation, no compliance 2. **Pera Wallet** - Wallet only, limited token features 3. **Token Mint** - Generic token creation, no RWA focus ### Our Advantages - **Regulatory Compliance:** First platform with built-in MICA compliance - **Enterprise Features:** Comprehensive audit trails and reporting - **Multi-Network Support:** VOI + Aramid + Ethereum integration - **Developer Experience:** Best-in-class UX for token creation ### Market Positioning - **Price:** Premium positioning ($99/month professional tier) - **Target Market:** Regulated issuers, financial institutions - **Value Proposition:** "Compliant tokenization made simple" --- ## Go-to-Market Strategy ### Phase 1: Beta Launch (Q1 2025) ✅ - **Target:** 100 beta users from Algorand community - **Channels:** Discord, Reddit, Twitter, Algorand forums - **Messaging:** "First MICA-compliant tokenization platform" ### Phase 2: Enterprise Focus (Q2 2025) 🟡 - **Target:** Financial institutions, RWA issuers - **Channels:** LinkedIn, industry conferences, direct sales - **Messaging:** "Enterprise-grade compliance for digital assets" ### Phase 3: Market Expansion (Q3-Q4 2025) 🔴 - **Target:** International markets, broader DeFi community - **Channels:** Paid advertising, partnerships, content marketing - **Messaging:** "The complete tokenization solution" --- ## Conclusion & Next Steps **Current Status:** MVP development significantly delayed due to critical UX issues, incomplete backend integration, and non-functional subscription system. No customers acquired. Platform requires substantial fixes before beta launch possible. **Immediate Priorities:** 1. Fix critical UX issues (transparent wizard background, readability) 2. Complete backend integration and API connectivity 3. Implement working subscription/payment system 4. Fix wallet connection flow and authentication issues 5. Correct top menu wallet button behavior 6. Prioritize Algorand and Ethereum mainnet support over testnets **Business Outlook:** Challenging with significant technical debt and missing core functionality. MVP launch delayed to Q2 2025. Revenue targets for 2025 unrealistic given current state. Focus must shift to achieving functional MVP before pursuing advanced features. --- ## Short Term Implementation Plan (Q1 2026) ### Critical MVP Blockers - Priority 1 (Complete by March 2026) #### Subscription System Implementation - **Issue:** No working subscription plan - users cannot purchase or access paid features - **Impact:** Zero revenue generation, no customer acquisition possible - **Action Items:** - Integrate Stripe payment processing - Implement subscription tiers ($29 basic, $99 professional, $299 enterprise) - Add payment flow validation and error handling - Test end-to-end subscription lifecycle #### Backend Integration Fixes - **Issue:** Web application not working properly with backend - API connectivity issues - **Impact:** Core functionality broken, token deployment fails - **Action Items:** - Debug and fix API communication layer - Implement proper error handling for failed requests - Add backend health monitoring - Test all API endpoints for reliability #### UX/UI Critical Fixes - **Issue:** Token creation wizard has transparent background and is not readable - **Impact:** Users cannot complete token creation process - **Action Items:** - Fix wizard background opacity and contrast - Ensure readability across all themes (light/dark) - Test wizard on different screen sizes and browsers - Add proper loading states and error messages #### Network Support Prioritization - **Issue:** Only Voi and Aramid supported, main chains should be Algorand and Ethereum - **Impact:** Limited user adoption, testnet-only functionality - **Action Items:** - Prioritize Algorand mainnet deployment support - Add Ethereum mainnet (Ethereum, Base, Arbitrum) support - Deprecating Voi/Aramid as primary networks - Update network selection UI to reflect priorities #### Wallet Authentication Flow - **Issue:** Authentication system doesn't work properly with Arc76 email/password, confusing crypto terminology, and poor user experience - **Impact:** Users cannot properly authenticate, platform appears too technical for non-crypto users - **Action Items:** - Implement proper Arc76 email/password authentication for self-custody accounts - Use Arc14 authentication for secure backend communication - Replace all "Connect wallet" text with "Login", "Sign in", or "Authenticate" - Make the product appear as non-crypto usage - focus on business tokenization, not blockchain terminology - Email/password creates self-custody account automatically - Remove wallet-centric language throughout the UI - Streamline authentication flow to be more like traditional SaaS applications - Test authentication persistence and session management #### Top Menu Wallet Button Fix - **Issue:** Clicking wallet button in top menu launches new token creation wizard (wrong behavior) - **Impact:** Unexpected navigation, poor user experience - **Action Items:** - Fix wallet button to show wallet connection modal - Remove incorrect token creation launch - Add proper wallet status display - Test wallet button functionality across all pages ### MVP Completion Milestones (March 2026) - [ ] Subscription system fully operational - [ ] Backend API integration stable (95%+ success rate) - [ ] Token creation wizard UX issues resolved - [ ] Arc76 email/password authentication working with Arc14 backend communication - [ ] All crypto terminology replaced with business-friendly language - [ ] Product appears as traditional SaaS application - [ ] Algorand and Ethereum mainnet support complete - [ ] Wallet authentication flow streamlined - [ ] Top menu wallet button fixed - [ ] Beta user testing completed with 50 users - [ ] First paying customer acquired --- ## Conclusion & Next Steps **Current Status:** MVP development significantly delayed due to critical integration issues, wallet connectivity problems, UI/UX blockers, and incomplete backend integration. Subscription system partially implemented but not operational. No paying customers acquired. Platform requires substantial fixes before beta launch possible. **Immediate Critical Issues:** 1. **Wallet Integration Failures**: Remove wallet features, make sure to use the email and password authentication 2. **UI Interaction Problems**: Glass effects blocking user interactions, preventing form completion 3. **Backend Integration Issues**: API connectivity problems preventing token deployment 4. **Performance Problems**: E2E test timeouts indicating slow page loads and network issues 5. **Subscription System**: Payment processing not operational, no revenue generation possible **Immediate Priorities (Next 30 Days):** 1. Remove wallet features, make sure to use the email and password authentication 2. Improve network selection. Do network selection only in top menu where current network is displayed. Do not use network selection in the token creation wizard nor anywhere else on the website. Support AVM networks - Algorand Mainnet, Algorand Testnet, VOI mainnet and Aramid mainnet, and EVM networks - Etherum, Base and Arbitrum 3. Implement proper Arc76 email/password authentication with Arc14 backend communication 4. Replace crypto terminology ("Connect wallet") with business-friendly terms ("Login", "Sign in") 5. Make product appear as traditional SaaS application, not crypto-focused 6. Complete backend API integration and error handling 7. Fix E2E test failures and performance issues 8. Make subscription system operational for revenue generation 9. Conduct thorough integration testing before beta launch **Revised Timeline:** - **Q1 2025**: MVP stabilization and bug fixes (45% → 65% complete) - **Q2 2025**: Beta launch and first customer acquisition (65% → 80% complete) - **Q3 2025**: Enterprise compliance completion (80% → 90% complete) - **Q4 2025**: Full market launch and revenue scaling (90% → 100% complete) **Business Impact:** Current delays have pushed revenue generation from Q1 2025 to Q2-Q3 2025. Focus must shift immediately to product stabilization over feature development. Without a working MVP, all downstream business objectives are at risk. --- **Last Updated:** February 2, 2026 **Next Review:** March 1, 2026