Moralis Web3
8 Case Studies
A Moralis Web3 Case Study
Kriptomat, an Estonia-based cryptocurrency exchange with over 500,000 users, faced significant technical challenges that hampered its scalability and operational efficiency. Their in-house blockchain infrastructure, which required maintaining nodes for multiple networks, was complex and costly to maintain. This setup diverted precious developer time away from new product development and towards maintenance, requiring three dedicated teams to manage. To overcome this, Kriptomat turned to Moralis Web3 and its suite of APIs.
By implementing Moralis' APIs and Streams, Kriptomat was able to drastically simplify its infrastructure and offload its developers. The solution provided comprehensive, cross-chain support and advanced features like an NFT spam filter. The results were substantial, including a 94% reduction in annual infrastructure costs, from $24,000 to $588. This efficiency gain freed up developer resources, allowing Kriptomat to launch new products like its WEB3 Wallets and innovative 'Buy Any Token' feature, significantly enhancing the user experience.