Exploring the Blockchain Development as a Service Industry [Interview]

Published on by Cryptoslate | Published on

In the wake of the 2017 market boom, hundreds of blockchain tech consultancies sprung up to service the overwhelming amount of investment that entered the cryptocurrency space.

Founded at the end of 2017, Serbia-based MVP Workshop is a team of 45 blockchain "Specialists" who, for the last two years, have quietly helped corporations bring blockchain-based services to market-with varying levels of success.

These firms will add blockchain development as another high-margin service.

Bjelajac got his start in blockchain 2015 at Devana Technologies, another company which he has been CEO of since 2016.

In 2017, the ICO boom caused blockchain development skills to suddenly come into high demand.

He took the opportunity to found MVP Workshop, an end-to-end blockchain development firm.

From validating business ideas, to building out proofs-of-concept, to writing the details of white papers and evaluating tokenomics, MVP Workshop markets itself as a "One-stop-shop" where blockchain projects can prepare for launch and provide continued support.

That said, there are questions about the blockchain development as a service business model.

Considering the purported competency of those at MVP Workshop, it's unclear why it is more lucrative to support other aspiring blockchain companies rather than pursue an in-house project.

It'll be interesting to see whether blockchain development as a service will continue to exist the way it does now five years from now.

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