The Kript0nite project has been 12 months in the making, I'm excited to provide early updates and I will continue to do so. We have spent time following an iterative development process constantly working to improve existing features and develop new ones.

Overall the Minimum Viable Product (MVP) is completed about 72%. Time is currently the blocking item because we cannot work full time on the project. There are 9 milestones on the path to full product delivery of which milestones 1-4 are partly completed.

Developers are constantly working on Invoicing, Quoting, Statements, Clients, Agents and Settings. The project will require the final code, testing and bugfixing and after that the alpha, beta and release candidate stages will be launched. Funding would be required for the previous steps as well as the initial marketing strategy.

The project timeline is uncertain due to the restraints of time and cash resources. A detailed code review need to be performed yet, but from a manual code review, the current codebase of about 84,000 lines of code (72% of the MVP) was developed over a period of 10-12 months.

To bring the project to a state that can have a first stage of testing requires a further 21,000 lines of code in 3-4 months under full funding. This uncertain part must be taken into account when looking at project Time To Market (TTM).

Once funding is acquired, the project coordinator will begin searching for third-party contractors to begin work on components where greater expertise is required. The main challenge, however, will be limited availability of the project coordinator due to current employment obligations.

This may require hiring dedicated freelancers or subcontracting out large portions of development to third-party firms. However, both of these options are considered costly and risky dependencies that may delay completion of the MVP. Despite the lengthy development schedule, the timeline is manageable.

The budget constraints are due to the loss of the main funder during the lockdown of South Africa under the Covid regulations. Funding of about R500 000 is needed to bring the project to a testable stage of release. This is not a static amount and very speculative. Kript0nite is willing to surrender a reasonable portion of its equity to willing investors.

Building the project in public to build the brand, attract funding and bring the product to market.