diff --git a/algokit-utils-py b/algokit-utils-py
new file mode 160000
index 00000000..816b548d
--- /dev/null
+++ b/algokit-utils-py
@@ -0,0 +1 @@
+Subproject commit 816b548da68b76dcdd53788db3a47736d8646668
diff --git a/algorand_setup.sh b/algorand_setup.sh
index 36f133e2..8048ef49 100644
--- a/algorand_setup.sh
+++ b/algorand_setup.sh
@@ -11,7 +11,3 @@ pip install .
 cd ..
 
 echo "Setup completed."
-
-
-
-
diff --git a/main.py b/main.py
index 8b137891..c7a97352 100644
--- a/main.py
+++ b/main.py
@@ -1 +1,93 @@
+from algokit_utils.beta.algorand_client import (
+    AlgorandClient,
+    AssetCreateParams,
+    AssetOptInParams,
+    AssetTransferParams,
+    PayParams
+)
 
+# Initialize the Algorand client for connecting to a local network
+algorand=AlgorandClient.default_local_net()
+
+# Access the default dispenser account from KMD to use for funding other accounts
+dispenser= algorand.account.dispenser()
+print("Dispenser Account Address:", dispenser.address)
+
+# Create a new random account to act as the asset creator
+creator_account =algorand.account.random()
+print("Asset Creator Account Address:", creator_account.address)
+
+# Fund the asset creator account by sending ALGOs from the dispenser
+algorand.send.payment(
+    PayParams(
+        sender=dispenser.address,
+        receiver=creator_account.address,
+        amount=10_000_000  # Send 10 ALGOs to the creator account
+    )
+)
+
+# Create a new Algorand Standard Asset (ASA) using the creator account
+asset_creation_txn = algorand.send.asset_create(
+    AssetCreateParams(
+        sender=creator_account.address,
+        total=100,  # Set total supply of the asset to 100 units
+        asset_name="KnowledgeCoin",  # Name of the asset
+        unit_name="KNL"  # Ticker 
+    )
+)
+
+# Retrieve the Asset ID from the confirmed transaction response
+asset_id = asset_creation_txn["confirmation"]["asset-index"]
+print("Created Asset ID:", asset_id)
+
+# Generate another random account to receive the asset
+receiver_account = algorand.account.random()
+
+# Fund the receiver account with 10 ALGOs from the dispenser
+algorand.send.payment(
+    PayParams(
+        sender=dispenser.address,
+        receiver=receiver_account.address,
+        amount=10_000_000  # Send 10 ALGOs to the receiver account
+    )
+)
+
+# Create a group transaction for multiple actions that will be executed atomically
+group_txn = algorand.new_group()
+
+# Opt the receiver account into the newly created asset (enabling it to receive the asset)
+group_txn.add_asset_opt_in(
+    AssetOptInParams(
+        sender=receiver_account.address,
+        asset_id=asset_id
+    )
+)
+
+# Add a transaction to send 1 ALGO from the receiver to the creator
+group_txn.add_payment(
+    PayParams(
+        sender=receiver_account.address,
+        receiver=creator_account.address,
+        amount=1_000_000  # Send 1 ALGO from the receiver to the creator
+    )
+)
+
+# Transfer 10 units of the newly created asset from the creator to the receiver
+group_txn.add_asset_transfer(
+    AssetTransferParams(
+        sender=creator_account.address,
+        receiver=receiver_account.address,
+        asset_id=asset_id,
+        amount=10  # Transfer 10 units of the asset to the receiver
+    )
+)
+
+# Execute the group transaction, ensuring all transactions happen together or not at all
+group_txn.execute()
+
+# Retrieve and print the updated asset balance for both the receiver and the creator
+receiver_asset_balance = algorand.account.get_information(receiver_account.address)["assets"][0]["amount"]
+creator_asset_balance = algorand.account.get_information(creator_account.address)["assets"][0]["amount"]
+
+print("Receiver's Asset Balance:", receiver_asset_balance)
+print("Creator's Asset Balance:", creator_asset_balance)
diff --git a/pyproject.toml b/pyproject.toml
new file mode 100644
index 00000000..aaf08cca
--- /dev/null
+++ b/pyproject.toml
@@ -0,0 +1,14 @@
+[tool.poetry]
+name = "codespace-algorand"
+version = "0.1.0"
+description = ""
+authors = ["AbdulWasay14 <119948876+AbdulWasay14@users.noreply.github.com>"]
+readme = "README.md"
+
+[tool.poetry.dependencies]
+python = "^3.12"
+
+
+[build-system]
+requires = ["poetry-core"]
+build-backend = "poetry.core.masonry.api"