Tony Fedorenko

Tony
Fedorenko

Managing Partner, 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

Building a unique NFT marketplace from stratch

Building a Unique NFT Marketplace from Scratch

The popularity of digital marketplaces for various types of products is increasing daily. NFTs are becoming popular outside of the crypto sphere, meaning NFT marketplaces are evolving as well.Marketplaces are where the general public can interact with content creators and are the entities responsible for facilitating NFT trading. Now, every content creator can become a prominent market seller just by participating in NFT marketplaces. As a new industry, there’s plenty of space for new ideas and niches. Thinking about creating your own NFT marketplace? In this article, we’ll discuss the various steps and costs involved.Non-fungible token (NFT) marketplaces are Web3 applications that allow people to buy and sell various types of NFTs. Some marketplaces are open to the public, such as those that allow people with crypto wallets to buy and sell their own NFTs. Others are not open to the public and only allow certain companies and brands to sell their NFTs.With an NFT marketplace, people can easily create accounts and sell their digital artworks and other items. Niche marketplaces are usually more in demand than standard ones due to their specialized features and 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. The blockchain network automatically generates and validates this deal.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, the gas fee, are usually included in the cost of an NFT. As a result, marketplaces use NFTs to charge a fee whenever funds are transferred.

Case Studies