diff --git a/.gitignore b/.gitignore
index efbdec4..2eb8c78 100644
--- a/.gitignore
+++ b/.gitignore
@@ -102,5 +102,13 @@ celerybeat.pid
 
 # Environments
 .env
+venv/
+env/
+ENV/
+.venv/
+virtualenv/
 
-web3py.md
\ No newline at end of file
+web3py.md
+
+# AI Assistant Configuration
+CLAUDE.md
\ No newline at end of file
diff --git a/.pre-commit-config.yaml b/.pre-commit-config.yaml
index 3bd9e35..8cabf22 100644
--- a/.pre-commit-config.yaml
+++ b/.pre-commit-config.yaml
@@ -1,12 +1,33 @@
+# See https://pre-commit.com for more information
+# See https://pre-commit.com/hooks.html for more hooks
 repos:
+  - repo: https://github.com/pre-commit/pre-commit-hooks
+    rev: v5.0.0
+    hooks:
+      - id: trailing-whitespace
+      - id: end-of-file-fixer
+      - id: check-yaml
+      - id: check-added-large-files
+      - id: check-json
+      - id: check-merge-conflict
+      - id: check-toml
+      - id: debug-statements
+      - id: mixed-line-ending
+
   - repo: https://github.com/psf/black
     rev: 25.1.0
     hooks:
       - id: black
         language_version: python3
 
-  - repo: https://github.com/pre-commit/pre-commit-hooks
-    rev: v5.0.0
+  - repo: https://github.com/pycqa/isort
+    rev: 5.13.2
     hooks:
-      - id: check-yaml
-      - id: check-merge-conflict
+      - id: isort
+        args: ["--profile", "black"]
+
+  - repo: https://github.com/astral-sh/ruff-pre-commit
+    rev: v0.8.4
+    hooks:
+      - id: ruff
+        args: [--fix, --exit-non-zero-on-fix, --unsafe-fixes]
\ No newline at end of file
diff --git a/DEVELOPMENT.md b/DEVELOPMENT.md
new file mode 100644
index 0000000..69eafac
--- /dev/null
+++ b/DEVELOPMENT.md
@@ -0,0 +1,220 @@
+# Development Guide
+
+This guide provides instructions for setting up the development environment for the Story Protocol Python SDK.
+
+## Prerequisites
+
+- Python 3.10 or higher
+- Git
+- [uv](https://github.com/astral-sh/uv) - Fast Python package installer and resolver
+
+## Installing uv
+
+uv is a fast Python package installer and resolver written in Rust. It's a drop-in replacement for pip and pip-tools.
+
+### macOS/Linux
+```bash
+curl -LsSf https://astral.sh/uv/install.sh | sh
+```
+
+### Windows
+```powershell
+powershell -c "irm https://astral.sh/uv/install.ps1 | iex"
+```
+
+### Alternative: Install via pip
+```bash
+pip install uv
+```
+
+## Setting Up the Development Environment
+
+### 1. Clone the repository
+```bash
+git clone https://github.com/storyprotocol/python-sdk.git
+cd python-sdk
+```
+
+### 2. Create and activate a virtual environment with uv
+```bash
+# Create a virtual environment
+uv venv
+
+# Activate the virtual environment
+# On macOS/Linux:
+source .venv/bin/activate
+# On Windows:
+.venv\Scripts\activate
+```
+
+### 3. Install dependencies with uv
+```bash
+# Install the package in editable mode with all dependencies
+uv pip install -e .
+
+# Install additional development dependencies
+uv pip install pytest pytest-cov black isort ruff pre-commit python-dotenv
+```
+
+### 4. Set up pre-commit hooks
+```bash
+# Install pre-commit hooks
+pre-commit install
+
+# Run pre-commit on all files to ensure everything is set up correctly
+pre-commit run --all-files
+```
+
+## Development Workflow
+
+### Running Tests
+
+```bash
+# Run all integration tests (default)
+pytest
+
+# Run unit tests with coverage
+coverage run -m pytest tests/unit -v -ra -q
+coverage report
+
+# Run specific test file
+pytest tests/integration/test_integration_ip_asset.py -v
+
+# Run tests with specific markers
+pytest -m integration  # Run only integration tests
+pytest -m unit        # Run only unit tests
+```
+
+### Code Formatting and Linting
+
+The project uses several tools to maintain code quality:
+
+1. **Black** - Code formatter
+   ```bash
+   black .
+   ```
+
+2. **isort** - Import sorter
+   ```bash
+   isort . --profile black
+   ```
+
+3. **Ruff** - Fast Python linter
+   ```bash
+   ruff check . --fix
+   ```
+
+All these tools are automatically run as pre-commit hooks when you commit code.
+
+### Manual Pre-commit Checks
+
+To manually run all pre-commit checks:
+```bash
+pre-commit run --all-files
+```
+
+To run a specific hook:
+```bash
+pre-commit run black --all-files
+pre-commit run ruff --all-files
+```
+
+## Pre-commit Hooks Overview
+
+The project uses the following pre-commit hooks:
+
+| Hook | Purpose |
+|------|---------|
+| `trailing-whitespace` | Removes trailing whitespace |
+| `end-of-file-fixer` | Ensures files end with a newline |
+| `check-yaml` | Validates YAML syntax |
+| `check-added-large-files` | Prevents large files from being committed |
+| `check-json` | Validates JSON syntax |
+| `check-merge-conflict` | Checks for merge conflict markers |
+| `check-toml` | Validates TOML syntax |
+| `debug-statements` | Checks for debugger imports |
+| `mixed-line-ending` | Normalizes line endings |
+| `black` | Formats Python code |
+| `isort` | Sorts Python imports |
+| `ruff` | Lints Python code and auto-fixes issues |
+
+## Updating Dependencies with uv
+
+### Add a new dependency
+```bash
+# Add to setup.py's install_requires, then:
+uv pip install -e .
+```
+
+### Upgrade dependencies
+```bash
+# Upgrade specific package
+uv pip install --upgrade package-name
+
+# Upgrade all packages
+uv pip install --upgrade -e .
+```
+
+### Speed Comparison
+
+uv is significantly faster than pip:
+- **Installation**: 10-100x faster than pip
+- **Resolution**: More efficient dependency resolver
+- **Caching**: Better cache utilization
+
+## Environment Variables
+
+Create a `.env` file in the project root for local development:
+```env
+WALLET_PRIVATE_KEY=your_private_key_here
+RPC_PROVIDER_URL=https://aeneid.storyrpc.io
+```
+
+## Troubleshooting
+
+### Pre-commit hooks failing
+
+1. Ensure all tools are installed:
+   ```bash
+   uv pip install black isort ruff pre-commit
+   ```
+
+2. Update pre-commit hooks:
+   ```bash
+   pre-commit autoupdate
+   ```
+
+3. Clear pre-commit cache:
+   ```bash
+   pre-commit clean
+   ```
+
+### Import errors
+
+1. Ensure you're in the virtual environment:
+   ```bash
+   which python  # Should point to .venv/bin/python
+   ```
+
+2. Reinstall in editable mode:
+   ```bash
+   uv pip install -e .
+   ```
+
+### uv installation issues
+
+If uv is not working properly:
+1. Try installing via pip: `pip install uv`
+2. Ensure it's in your PATH: `which uv`
+3. On Windows, restart your terminal after installation
+
+## Contributing
+
+Before submitting a pull request:
+
+1. Ensure all tests pass: `pytest`
+2. Run pre-commit checks: `pre-commit run --all-files`
+3. Update tests if adding new functionality
+4. Follow the existing code style and patterns
+
+See [CONTRIBUTING.md](CONTRIBUTING.md) for more details.
\ No newline at end of file
diff --git a/README.md b/README.md
index 2650272..ed78373 100644
--- a/README.md
+++ b/README.md
@@ -58,11 +58,9 @@ aeneid_chain_id = 1315
 story_client = StoryClient(web3, account, aeneid_chain_id)
 ```
 
-## Init pre-commit hooks
+## Development
 
-```
-pre-commit install
-```
+For detailed development setup instructions, including how to install dependencies with `uv` and set up pre-commit hooks, see [DEVELOPMENT.md](DEVELOPMENT.md).
 
 ## Running test cases