Roadmap

Timeline and Milestones

The story of how Covest Finance is started to build a more sustainable future for insurance by using blockchain technology.

Nov 2021
The Starting Point

Teaming up with the goal of using blockchain to transform the insurance industry.

Sukrit Boonyakrai (Financial/Insurance Researcher) founded the project, which was later joined by Nawapan Arampibulkit (Software Engineer) and Nawapat Buakoet (Blockchain Developer).

Jan 2022
The Establishment

Starting to hire additional developers to work on the prototype. Along with participating in several competitions and incubation programs to battle test the business concept.

Mar 2022
The First Message

Building the Covest Finance business identity through the look and feel of the landing page, and documentation of the protocol structure that explains what we do and will deliver.

Apr 2022
The Prototype

Releasing Smart contract V1 for protocol demonstration on EVM-based chain , coupled with a front-end prototype with Smart Contract V1 integration.

2nd Runner up
  • Blockathon by RISE 2nd Runner up
May 2022
The Discovery
  • Business - Market discovery & Identification
  • Master plan for market strategies on B2B, B2C, B2I markets
  • Market research on the core markets and identify market opportunities
  • Strategic partnership with an entity or project that enables Web 3.0 utilization on real-world utilities.

“We were essentially the Instagram police and called out fake influencers left, right and centre. It was fun and all, but there is only so many bikini chicks you can look at on Instagram before you start losing your mind.”

Dan, Co-founder and CEO of Lumio

Jun 2022
Lumio gets acquired by German company, Influencer DB. Yeww! 🎉

“After this, we both took up golf on during the week and started eating fancy dinners at the local Country Club... Ha. This is not what happened at all. We suck at golf and love eating Guzman Y Gomez.”

Adam, Co-founder of Lumio

Sep 2022
The Identity

Whilst in Germany, Dan worked with with brands such as Daniel Wellington and BMW - Ja!

Adam worked with clients like Vodafone, TAFE NSW, Adobe and also won the 'Good Design Australia' award for his work on the Seatfrog website.

Nov 2022
After spending time apart, Dan and Adam begin to plan their next moves and rekindle their business partnership.

The name "Relume" is born.

relume

verb

[ri-loom]
To relight or rekindle (a light, flame, etc.)

January 2020
Dan moves back to Sydney to join a Global startup incubator called Antler. He convinces Adam to join him.
April 2020
🚀 relume launches
For various reasons, Dan and Adam decide to turn down a $100,000 investment from Antler and start their own business venture, without taking outside investment.

To do this they would have to build a company that would be profitable in its first year. Not the next Uber of *insert clever idea*.

June 2020
After building 11 websites on Webflow in under 6 weeks as a way to test a number of business ideas, Dan and Adam decide to stick to what they know best and launch Relume - a company that designs and builds beautiful Webflow websites.

“Relume was an opportunity for us to build a profitable business, not a startup that bleeds cash, whilst doing what we love to do. It also allows us to learn about all types of businesses and the problems they deal with. These are all opportunities that we could potentially solve for in the future. For now, our goal is simple, we want to build a kickass business which means we really want our customers and the Webflow community to succeed too.”

Dan, Co-founder of Relume

developers

Built by developers,
for developers

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