Leadership Meeting (5/31/22)

Palo Alto onsite: Stephen, Leo, RJ, Ganesha, Peter, Giv

  • User growth
    • Increase wallet through bizdev/strategic launches
    • Convert 10-20% of existing users when porting web2 projects
    • Do better at retaining existing users
    • Better understand our metrics and trends
    • Focus resources/teams on verticals
    • Better tools for collecting metrics
    • How to empower partners when they grow or shrink
    • Go deeper to understand the landscape of each vertical
    • Activate community to help with growth
    • Use bear market to get ducks in a row
    • Thought leadership in building and launching successful projects
    • White glove treatment for already successful projects
    • How to build and market unique features? (zk, sdks, vrf etc)
    • Better Promote native features like cross chard, vrf, account abstraction
    • Better promote and showcase staking precompile. Show its use cases like Metamask staking, auto compounding, liquid staking, decentralized lido
    • Go deeper on cross-chain trading, fixed income product, stablecoins (USDS)
  • Bizdev
    • Importance of events, bizdev during bear markets
    • Do we have the right bizdev team?
    • Need account managers/customer success roles
    • How to track success/failure of team?
    • What is our BD framework?
    • Need for clear monthly metrics
    • Need the right tooling to onboard developers (explorer)
    • Need vertical-specific teams, but how to know which verticals? Go deep
    • Need for a strategist to decide where to focus (Chief Strategy Officer?)
    • Identify unique success stories (DFK, gaming shard, nft)
    • How can Harmony bring value to verticals (defi, nft, gaming)
    • Eng/Biz should be 50/50
    • Hire technical biz data analyst to dig deep (eg from smart contracts)
  • Treasury diversification
    • 10% diversified
    • Need CFO