Case study

A private iOS app first, a tokenization marketplace three years later.

2015–2023 · USA · iOS + web · Public. One client, two builds three years apart: a private property app, then the platform behind a tokenized real estate marketplace.

What it was

RedSwan is a digital marketplace for commercial real estate. In its founder's words, it tokenizes real estate debt and equity into digital securities, so investors can buy at smaller price points and sell without waiting out a long hold.

That founder, Edward Nwokedi, came to Kirill twice. The first time he needed an app. Three years later he needed a platform.

The first build: a private iOS app (2015)

In 2015 the team shipped RedSwan Private Client, an iOS app with one job: put real estate in front of investors.

  • Search homes near you and browse by city
  • See every photo and the property details
  • Keep favourite properties and cities, and share them
  • Schedule tours
  • Read a library of market reports
  • Find a local agent

It was distributed privately, outside the public App Store. RedSwan took it and used it. Then, in 2018, Edward came back with a bigger request.

The second build: the platform (2018–2023)

In 2018 RedSwan's founder asked for a platform: first a website, then one built specifically for tokenization.

Kirill designed it from zero, end to end: the investor cabinet, the property listing, and every flow between them. He thought the whole platform through himself, then ran the build.

The team was four people on RedSwan's side and four on Kirill's. The code was written by two developers Kirill hired and directed. His own role was technical product manager, not developer.

Inside the product

Two surfaces, three years apart.

012015 · iOS app

A property browser for investors

Search by location, photo galleries and property details, favourite properties and cities, tour scheduling, and a library of market reports, in an app distributed privately outside the public App Store.

  • Property search
  • Favourites
  • Market reports
RedSwan Private Client iOS app: property search, photo gallery, favourite cities, menu, and a library of market reports
022018 · Web platform

An investor cabinet built around expressing interest

A property list and a report list, a photo gallery for every property, and an investment panel that shows the minimum allocation and how much interest is already expressed. The investor picks a number of increments and registers interest, and the address stays gated until they ask for it.

  • Investor cabinet
  • Listings
  • Express interest
RedSwan Private Client web platform: property page with a photo gallery and the investment opportunity panel

What was left out on purpose

Payments were not integrated at that stage. The plan was to test everything first, and money moving through the platform could wait until the flows were proven.

A secondary market was not needed either.

What it produced

A working platform. Investors could browse offerings and reports and register interest through it, and RedSwan continues to run its marketplace for tokenized commercial real estate at redswan.io.

The collaboration wound down around 2023, when the changes stopped coming.

What this proves

ClaimEvidence
The client came backAn app in 2015, a platform request in 2018, and work continuing until around 2023
The product shippedA working platform that RedSwan used with its investors
One owner can hold a whole productThe full platform was designed by a single technical product manager and delivered by a four-person team
The relationship heldRedSwan's founder describes it in a public video testimonial

What it does not prove

  • It does not prove tokenization, custody or payments expertise. Payments were deliberately not integrated in this work.
  • It does not prove commercial results. This is a case about what was designed and delivered; RedSwan's investor numbers and transaction volumes are RedSwan's to report.
  • It does not prove hands-on engineering. Kirill's role was technical product manager; two developers he hired wrote the code.

What we would do differently

Not a fixed scope.

The platform was contracted on a fixed scope, and for a product that was still being discovered that was the wrong shape. Every change became a negotiation, and a good part of the effort went into overhead around the work instead of the work.

Time and material would have fit better. When the questions are still being found while the thing is built, pay for the time, not for a scope that will be reopened.

Where it is now

RedSwan continues to operate its marketplace for tokenized commercial real estate. The collaboration wound down around 2023, and its founder still considers Kirill for technology projects, as he says in the testimonial.

Public sources, for anyone who wants to check rather than take it from us:

FAQ

Frequently asked questions

He was the technical product manager. He designed the investor platform from zero, end to end, and led the build. Two developers he hired and directed wrote the code; he did not write it himself.

RedSwan Private Client, an iOS app distributed privately outside the public App Store. It let investors search properties near them, see photos and details, keep favourite properties and cities, schedule tours, read market reports and find a local agent.

Not at that stage. The plan was to test the flows first, and a secondary market was not needed either. This case does not claim payments or custody expertise.

Because the product was still being discovered while it was built. Under a fixed scope every change became a negotiation and much of the effort went into overhead. Time and material fits work where the requirements are still moving.

The iOS app shipped in 2015, the platform request came in 2018, and the work wound down around 2023, once changes stopped coming.

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