ICBRICS+

ICBRICS+ Case Study: Crowdinvesting Platform for BRICS Countries

Link

HTTPS://APP.BRICS.DEFENCE.INVESTMENTS/

Brief description

Crowdinvesting platform where investments are made in crypto and fiat

Task

Build an investment marketplace with the ability to invest and raise investments within one system

About the project

Launch of a platform where users can both invest in various projects and list their own projects to raise investments under the client’s regulation. The first platform among BRICS countries that allows investments in both crypto and fiat.

Business benefits

•VOLUME OF SUCCESSFUL DEALS INCREASED BY 300%

•INTERNATIONAL EXPANSION — ATTRACTING INVESTORS VIA FIAT AND CRYPTOCURRENCY

•SUCCESSFUL FUNDRAISING INTO A DIRECTION / PROJECT INCREASED BY 40% THANKS TO INTERNATIONAL INVESTORS AND CLEAR PRESENTATION OF REQUIREMENTS

•AVERAGE INVESTOR CONTRIBUTION GROWTH DYNAMICS STAYED AT +29% EACH YEAR THANKS TO PROJECT ONBOARDING AND KYB COMPLETION

Features

Authorization and registration

•Login with username and password

•Secure storage of credentials

•Access recovery mechanism

Two-factor authentication (2FA)

•Google Authenticator integration

•Generation and binding of one-time codes (TOTP)

•Login confirmation with a second factor

•Ability to enable 2FA as a mandatory layer at the project level

•Ability to activate 2FA on the user’s initiative

•2FA status management in the personal account

Basic registration flow

•Minimal data set to create an account

•No redundant fields at the primary entry stage

Request for additional data

•Conditional information request system (date of birth, full name, address, etc.)

•Data request when limits are reached or certain products are activated

•Use of data for compliance, verification, and access regulation

•Ability to configure field mandatory status

•Management of data request scenarios depending on user type or product

Localization

•Default languages: Russian and English

•Language switching by the user in the interface

•Interface logic separated from the text layer

•Adding new languages by extending the translation dictionary

•No need to change business logic when connecting a new locale

Security and session control

•Logging of all sessions and authorizations: IP address, geolocation, device type, User-Agent, login method

•Client type detection: browser (desktop / mobile), mobile app, API client

•Device fingerprint — binding a device to the user profile

•Automatic detection of new devices and atypical geolocation

•Security triggers: login from a new device after password change, atypical IP, multiple failed login attempts, email or phone change

•User notification when triggers fire (email / push)

•Forced session confirmation or blocking on anomalous patterns

•Ability for the user to view active sessions and terminate them

•IP and device blacklist — manual and automatic addition

•Logging of all API requests bound to user, device, and method

•Audit tools for user and administrator actions

KYC / AML verification

•Multi-level KYC/AML verification

•Checks against sanctions lists and AML risks

•Restriction of access to investment functions until verification is complete

•Risk profiling — investor questionnaire, knowledge and risk-tolerance testing

•Status determination: qualified / unqualified

•Source of Funds check — form + upload of supporting documents

•Limit increases after SoF check completion

•Document upload inside the investor risk consent form

•Recording of submitted forms and uploaded documents in the system

KYB verification

•Separate verification form for legal entities and project teams

•Upload of corporate documents

•Check of beneficiaries and company structure

•Verification that declared data matches documents

•Ability for moderation to request additional data

•Status of admission to project listing

User dashboard

•Display of balance and available assets

•User PNL

•Balance movement chart

•Statuses of requests and operations

•Quick access to all key actions from one interface

•Overview of active investment products and current participation

•Asset list with detail per asset

•Balance in the source currency with automatic conversion to any required currency at the current rate

•Total portfolio value

Deposit system

•Generation of an individual deposit address

•Automatic top-up system

•Recording of incoming funds and balance update after confirmation

•System for working with own wallets on the platform

•Integration of fiat top-up methods

Fiat gateway and payment integrations

•Payment gateway integration

•Integration with partner banks, direct fiat inflow channels

•Verification of incoming transfers, matching IBAN, sender name, amount

•Automatic conversion of fiat to the platform currency on receipt

•Support for multiple fiat currencies

•Logging of all payment events bound to the user and documents

Withdrawals

•Creating a withdrawal request

•Error control for user typos when entering details

•Withdrawal parameter control

•Hot wallet system for automatic withdrawal

•Duplicate manual withdrawal system on suspicious activity

•Suspicious operation control system

•Real-time reflection of request status

Conversion and exchange

•Asset conversion inside the platform

•Rate retrieval from an external source

•Liquidity provider integration

•Platform fee application, ability to edit the fee

•Slippage configuration

•Managed model for calculating the final amount

•Exchange reflected in transaction history, balances recalculated after the operation

Operation history

•Unified journal: deposits, withdrawals, exchanges, accruals, charges, investment product operations

•Filtering by operation type and period

•Detail of each transaction

Project marketplace

•Showcase of investment offers

•Sorting by directions, yield, tags

•Primary information in the card, including dynamic yield

•Ability to interact with a project directly from the marketplace (invest / withdraw)

Project card

•Standardized listing template: name, description, investment model, target round amount, fundraising parameters

•Upload of project, legal, and supporting documentation

•Document storage in the project profile, investor access to view

•Adding a link to a video hosted on a video platform

•Moderation: project is created as a draft and published after admin review

•Ability to reject with a comment and return for revision

Admin panel — operational dashboard

•Number of users, registrations for the period

•Deposits and inflow for day / week / month / year

•Total system balance

•Balance distribution chart

Admin panel — user management

•Clickable user table with search and filtering

•Viewing profile, KYC/KYB statuses, transactions

•User actions: balance change, yield accrual, risk profile change

•Logging of each user’s sessions and authorizations

•Report on fund movement and balance changes

Admin panel — project management

•Table of all projects with statuses, search and filtering

•Viewing the project card and all creator documents

•Approval or rejection with a comment

Admin panel — financial operations

•Processing withdrawal requests

•History of all withdrawals and deposits

•Control of incoming transactions, AML checks

•Yield accrual by investment directions

•Yield accrual for specific users, repayment of investment principal

•Hot / cold wallet system

•Duplicate manual system after suspicious activity

•Setting fees for operations

Admin panel — asset directory

•Managing the list of currencies

•Configuring rate sources

•Managing asset availability

Admin panel — compliance contour

•Table of high-risk users

•Display of document review status, search and filtering

•Viewing the investor questionnaire and uploaded files

•Approval or rejection of documents with a comment, saving decision history

•Automatic risk level assignment by built-in triggers

•Manual risk profile change in the user card

•Restricting user actions at the highest risk status

•Automatic enforcement of regulatory requirements when the risk profile changes: document request, function blocking

•KYB user checks

•AML risk control

•Moderation and financial decision journal

•Logging of all user and administrator actions on the platform

Admin panel — reporting and regulatory exports

•Automatic generation of accounting reports for platform operations over a period

•Structured reports on deposits, withdrawals, accruals, fees

•Report export in CSV, XLSX, PDF formats

•Automatic sending of regulatory reports to supervisory authorities on a schedule

•Manual initiation of export for any arbitrary period

•AML reports: list of suspicious transactions, STR forms (Suspicious Transaction Report)

•Reports on KYC/KYB statuses of the user base

•Audit trail — full change log with timestamps for external audit

•Report template configuration for a specific regulator’s requirements

Technology stack

1. Frontend:

•React

•MobX

2. Backend:

•ASP.NET Core 8.0

•Entity Framework Core 8.0.3

•Hangfire

•MailKit and MimeKit

3. API:

•MediatR

•Swashbuckle

4. Integrations:

•AWS SDK

•Bybit

•Coingecko

5. Databases:

•PostgreSQL

6. Development tools:

•Docker

•Serilog

Work with the client

*Important: this is not project work — it is work with the client specifically, and it is not in the estimate or commercial proposal. This is what we do to increase the probability of product success.Antifragility as a service: a client who is not afraid of turbulenceThe fintech market storms constantly: regulations change, channels fall, rates spike. We see our job as not just building a resilient product, but transferring to the client a way of thinking in which chaos becomes fuel for growth. Together we decomposed the business model into elements and showed how each part behaves under external shocks. We taught the client to ask the right questions about their business so that the answers lengthen the project’s lifecycle and resilience.A separate track is the founder’s personal resilience: how to keep team energy in a crisis, how to manage reputation when panic is everywhere. This was trained so densely that the client admits: “Now I look at risks not as a threat, but as a chess problem.”Our goal is not just development — it is our client’s success.

Design goals:

•INCREASE THE NUMBER OF INVESTORS WHO REACH A CONTRIBUTION BY 40% THROUGH A DIRECT AND SIMPLE FLOW

•INCREASE PROJECT SELECTION SPEED FOR THE INVESTOR BY 30% THROUGH CLEAR CARDS, FILTERS, AND COMPARISON

•INCREASE INVESTOR TRUST THROUGH PLATFORM TRANSPARENCY

Design results:

•GLOBAL REACH: THE DESIGN EMPHASIZES ACCESS TO PROJECTS FROM DIFFERENT COUNTRIES, EXPANDING THE BASE OF INVESTORS AND PROJECTS

•REGIONAL ADAPTATION: USERS CAN EASILY FIND AND UNDERSTAND CONDITIONS FOR THEIR COUNTRY OR REGION, SIMPLIFYING INVESTING

•SIMPLICITY AND CLARITY: TEXT AND CHARTS EXPLAIN CROWDINVESTING WITHOUT COMPLEX TERMS, SHOWING THE BUSINESS BENEFIT (ACCESS TO CAPITAL)