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OTAKOYI

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Lokka

MNDA

Seed to Series A Startup
Company Type
London , United Kingdom
Location
Project work
Engagement Model
6 - 10 people
Team Size
6 - 9 Months
Duration
$150K - $200K
Budget

About

Lokka is a Web3 sports tokenisation platform built on Hedera. Clubs launch fan tokens with governance and staking mechanics; fans collect and trade NFT player cards and blockchain-based event tickets. The platform combines primary issuance, secondary market trading, fan engagement and rewards into one ecosystem — with $24.8M monthly trading volume and 12,847 active traders.

Challenge, approach, and impact

Challenge 1: NFT & Token Smart Contract Architecture

Designing and deploying smart contracts for multiple asset types simultaneously — fan tokens (ERC-20), NFT player cards (ERC-721), and marketplace operations — while ensuring gas efficiency, transfer restrictions, and secondary market settlement logic worked cohesively across all asset classes.

Challenge 2: Marketplace & Secondary Market Mechanics

Building a dual-layer marketplace supporting both primary issuance and secondary trading with real-time ownership verification, listing/settlement flows, and wallet-connected UX — while maintaining performance under concurrent transactions and ensuring asset discoverability across multiple token types.

Challenge 3: Governance, Staking & Community Mechanics

Implementing token utility beyond trading — staking mechanisms, governance participation, fan reward systems and community engagement flows — required balancing on-chain logic with intuitive UX for non-crypto-native sports fans unfamiliar with Web3 interactions.

How we built

Blockchain & Crypto
Marketplaces
Social Networks

Testimonials

George

Lokka

Verified Testimonial

We needed a team that understood both blockchain architecture and consumer product thinking. OTAKOYI delivered the full ecosystem — token contracts, NFT marketplace, staking, governance — and made it feel intuitive for fans who had never touched Web3 before. Rare combination.

Team structure

Client team

George's avatar

George

CTO

Daily point of contact

Amelia's avatar

Amelia

Product Owner

Project stakeholder

The client stakeholders were working closely with the team at OTAKOYI

Agency team

1 x Team Lead's avatar

1 x Team Lead

Governance

1 x PM's avatar

1 x PM

Governance

1 x BA's avatar

1 x BA

Production

1 x UX/UI Designer's avatar

1 x UX/UI Designer

Production

2 x Blockchain Developers's avatar

2 x Blockchain Developers

Production

2 x Front-end's avatar

2 x Front-end

Production

1 x DevOps's avatar

1 x DevOps

Production

1 x Back-end's avatar

1 x Back-end

Production

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