2022 July Onsite: Summer Sprint
๐Ÿƒโ€โ™€๏ธ

2022 July Onsite: Summer Sprint

Top Agenda: NFT Products, Fiat Onboarding, User Analytics.

Schedule - Market-Product-Team Fit - Potential Partners - Attendees

Team Discussions โ€“ Reading

Schedule

7/11 Monday: Palo Alto office

7/12 Tuesday: Palo Alto office

  • 12PM: Top agenda and market-product-team fit
  • 1PM: July deliverables review by guilds
  • 4PM: Team exercise and 1-1s at the park
  • 6PM: Sandwiches dinner and AMA on sprint initiatives

7/13 Wednesday

7/14 Thursday

7/15 Friday

7/16 Saturday (optional)

NFT: Market-Product-Team Fit ๐ŸŽฝ

In this Q3 and Q4 the team needs a single focus and going deep, rather than spreading thin. Potentially Sahil and Eric will closely collaborate with us on NFT; Richard and Sammy have vertical-specific partnership experience; Brian and Jack can drive all internal initiatives toward NFT-related campaigns and products.

Our Q3/Q4 Thesis on NFT:

  • Market: We know from extensive research (essential reading) that the NFT market has traction with billions in value and potential for mass consumer appeal with hundreds of millions of fans and users. โ€œFinding product market fit = focusing on the market firstโ€ โ€“ meaning, 15% monthly growth rate.
  • Product: We have a product (platform) that offers fast andย affordable minting, trading, and mass distribution of NFTs to millions of users. โ€œThe only thing that matters is getting to product/market fit.โ€
  • Team: Can we align our team efforts to build out a thriving ecosystem of NFT minting projects, social token launch platforms, trading marketplaces, collector DAOs, derivatives and avatars with high liquidity, volume, and users?

๐Ÿช˜Market-Product-Team Fit with Utility NFT for Creator Economy

Potential Partners

  • Coinbase Cloud, Dune Analytics, Nansen, Token Terminal

Attendees

All international fellows are invited; select contributors are invited every three months.

Eng Team

Q3 Budget

6๏ธโƒฃย June Budget

  • Treasury ($171M total, as of 5/16) ๐ŸŽฝ: 2.61B total (1.70B unlocked + 0.92B locked) ONE tokens ($130M), $6.72M USDT + $2.93M USDC + $688K USD, $1.11M DeFi assets, $2.13M NFT assets, $1.22M on liquidity pools, 9.27M shares of GameFi assets ($26.0M), $6.04M exchange marketing budget (104M ONEs + 2.80K tokens).
    • Our projected spending this month is >$1.58M; as of 5/16, our treasury holds $171M total with $10.5M cash.
    • Expected by 7/1: $25M cash if more GameFi shares are liquidated ($12M otherwise), 1.50B unlocked tokens ($60M at $0.04 ONE price).
  • Total Q3 Spending: $5M cash + $10M 6-month vesting tokens (unlocked by 2023 Jan 1st)
    • 60% = $3M NFT Product & Partners (Giv): Games (3 $50k licenses), Launch campaigns (1MusicDAO, land sales at DeFira / Evoverse / โ€ฆ)
    • 20% = $1M Dev Ops & Services (Leo): Cloud cost, Data Partners (target: Coinbase, Dune, Nansen)
    • 10% = $500K Bridges, Protocols, ZKProofs (Ganesha): Horizon campaigns (stETH ETH2 staking deposits), 1BTC (lending), zkU, ResearchDAO (Common Prefix, Stanford Blockchain Week Visit)
    • 10% = $500K Dev & Community Growths (Jack): Communication, Content, Event (1Conf deposits), Blu3 (_ Hackathons)

Meetings on Wednesdays

  • 11am: Dev Growth: Only Stephen, Ganesha, Jack
  • 12pm: Admin: Only Stephen, Li, Giv
  • 1pm: Eng Meeting (Conf Room) by Rongjian, Leo, Ganesha, Jack
    • 1pm: Partners: Only Stephen, Giv, Brian/Richard
  • 2pm: Biz Meeting (Conf Room) by Li, Giv, Jack, Brian
    • 2pm: Hiring: Only Stephen, Rongjian/Leo, Tom
  • 5pm: Two 15-minute Team Tech/Product Talks at TGI, organized by Tom, Li
  • 5:30pm: Products: Only Stephen, Giv, Zi/Sahil

Guilds for Focus & Traction โ˜๏ธ

The only thing that matters in a Day ONE startup is getting to product/market fit.

As a team we must focus on market opportunities with traction now, build products with partners to serve that market, and focus our team efforts towards Market-Product-Team fit.

The proposed guilds below are the focus areas and deliverables with the goal to drive utility to Harmony now.

โ€ฃ
Guild Responsibilities
โ€ฃ
Guilds Q&A

27.5 Technical

36 Business

  • 5.5 Ops: ๐Ÿ’™Stephen, ๐ŸŽฝLi, *โ˜๏ธGiv, ๐ŸฏTom | โ€“ ๐Ÿ•ธ๏ธAmanda, โœ…Rob
  • 5 Game: ๐Ÿ›นPeter, ๐ŸŒฒSam, ๐ŸŽคMatty, ๐Ÿ’ƒ๐ŸปEssa | ๐ŸŒณAl, ๐Ÿง—โ€โ™‚๏ธLeon
  • 4.5 Content: *โ˜๏ธGiv, *๐ŸŽฅAdrian, *๐ŸŽฌDanny โ€“ ๐Ÿ’ฟKelly, ๐ŸŽžAndrew, ๐ŸงฉYi, ๐Ÿ‘๏ธโ€๐Ÿ—จ๏ธEilam
  • 6 Communications: ๐Ÿ”ญDaniel | โšฝ๏ธAbhi โ€“ , ๐ŸŽฎMatthew, ๐Ÿ“ขJose
  • 6 NFT Products: ๐Ÿฆ’Brian, (๐Ÿ’ŠSahil) | ๐ŸฅคJeremy โ€“ ๐ŸšœDemetre, ๐ŸMikey, ๐Ÿ”ซTimothy, ๐Ÿ‘ฉ๐Ÿปโ€๐Ÿš€Kayla
  • 8 NFT Partners: *๐Ÿ‰Jack โ€“ ๐Ÿ‡Rachel, ๐Ÿ“–Devin | ๐ŸŽนSammy, โ™’Nick, ๐Ÿ“ถRichard, ๐Ÿ‡ช๐Ÿ‡บJuan, ๐Ÿ•ต๏ธโ€โ™‚๏ธCristiano, ๐Ÿฅ‘Miguel, โš–๏ธGarrick