Tony Fedorenko

Tony
Fedorenko

Head of Delivery Department, Mad Devs

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Tony Fedorenko

Your trusted tech partner

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Malaysia, Kuala Lumpur

About

Tony transforms startups and SMBs into more efficient and profitable entities. He practices the agile approach to project delivery combined with the Theory of Constraints (ToC) tooling and Business Modeling practices to refine delivery processes, identify bottlenecks, and manage complex environments to achieve sustainable results such as increased profits, decreased staff turnover and burnout rates, and shortened project delivery time.

Currently, Tony leads the Mad Devs delivery department, successfully combining 10 years of experience in business modeling and agile management with 4 years of professional technical expertise in backend development.

Tony successfully launched several fintech startups in the USA and SEA markets and worked on project delivery for an international bank in the Central Asian region.

He started his Mad Journey as a backend developer transitioning from a traditional job as a head of the SIDP program at the American University of Central Asia. After gaining hands-on skills and experience in software development, he turned back to management and became one of the delivery managers focusing on fintech startups.

Tony obtained his scrum master certification from Scrum.org and ToC Fundamentals certification from ToCICO.org.

Education

American University of Central Asia
Bachelor's degree in Business Administration

Industries

  • FintechFintech
  • EdTechEdTech
  • Cloud SolutionCloud Solution
  • TransportationTransportation
  • Digital transformationDigital transformation
  • Blockchain and CryptoBlockchain and Crypto

Articles and insights

The cost of making a unique NFT marketplace.

How Much Does It Cost to Make a Unique NFT Marketplace from Scratch

The popularity of digital marketplaces for various types of products is increasing day by day. Especially when there is a sudden turnaround in the fortunes of the NFTs, then it makes sense for the NFT marketplaces to be involved. Probably the most talked about topic in the cryptosphere, the NFT Marketplaces will be the place where the general public can get a chance to interact with the creators of content. These are the entities that are responsible for facilitating the trading of the NFTs. To be honest, every content creator has a chance to become a prominent marketman just by participating in the NFT Marketplaces.In this article, we will talk about the various steps involved in creating a NFT marketplace. We will also cover the cost of building it.Non-fungible token marketplaces are Web3 applications that allow people to buy and sell various types of NFTs. There are various kinds of marketplaces that are open to the public, such as those that allow people with crypto wallets to buy and sell their own NFTs. However, there are also marketplaces that are not open to the public and only allow certain companies and brands to sell their NFTs.With a NFT marketplace, people can easily create an account and sell their digital artworks. Usually, niche marketplaces are more in demand than standard ones due to their specialized features and their ability to sell various types of art.The users of an NFT marketplace must first install a digital wallet to operate. This app stores the data of the owner's files on the blockchain, which is different from the data stored on a disk drive. In addition, it allows users to create collections by displaying the work or digital item they want to buy. They can then choose the payment token they want to accept.After the item has been listed, the transaction will be created following the auction. The creator's wallet then launches a smart contract to spell out the terms of the deal between the buyer and the seller. This deal is then automatically generated and validated by the blockchain network.The transaction is then irreversible, as various operational costs are involved in a digital transaction. For instance, the energy costs associated with brokering a transaction are usually included in the cost of NFT. As a result, marketplaces that use NFT charge a fee whenever funds are transferred.

Case Studies