Edvinas
7K posts
$rectum at 30k market cap..
$PENAIS is at 500k right now. im telling you its gonna hit 10m.
take my advise or not. idc im just telling you what i see
Chapo@ChapoGrimey
this is a gamble entered $rectum at 30k. i could see this doing good butthole coin is at 26m. you do need a rectum. CJ2xxsbzrv5AC2ihsJLaU4JGnUgsCqhToojKWdBtpump
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𝗧𝗵𝗶𝘀 𝗶𝘀 𝗷𝘂𝘀𝘁 𝗳𝗿𝗼𝗺 𝗼𝗻𝗲 𝗴𝗮𝗺𝗲 𝗹𝗮𝘀𝘁 𝘄𝗲𝗲𝗸!
Apart from the super handy utility we have at @CyberApeAge, we have games every Friday & weekend to give back to the community!
How? Just be a holder & show up to the events.
Why not sweep when you can?🧹😏
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@frankdegods Anyone can apply or you need prior experience for these positions?
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@frankdegods @dust_labs Would be cool to have a leaderboard to see which people or projects are the most active and actually complete their tasks.
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Testing an experimental way to build in public.
I’m going to transparently share a brain dump of my thoughts about a @dust_labs experimental project called POW.
For anyone who actually reads this, I’ll happily answer any questions in the replies.
**Open to criticism, suggestions & for anyone to dunk on me for being dumb.**
Ok, let’s begin.
We made this product called POW (Proof of Work) back in October.
The idea for POW was to create a simple, aesthetic tool to document & view the daily contributions made to the projects.
Proof of Work.
We got loved the idea of “GitHub squares but for all Web3 work.”
We decided to build an MVP to launch for DeGods 1-year anniversary day. We launched it and continued to update it for about 1 month. Then priorities changed & we haven’t been updating it much since. We’re still a lean team and not enough bandwidth.
So the question is “the website is mid. How is this product going to make money?”
Here’s my pitch:
Problem:
It’s hard for NFT holders & DAO participants to track the history of the work that’s been done on their projects. It’s even harder to pay the best contributors.
Solution:
Build a simple, tool that visualizes the work being done by the team & community on a project. Then, make it easy for the team to pay the best contributors.
Business Model:
Charge NFT projects, DAOs, and startups a monthly recurring fee for using the tool. 0.33% of payment fees would be auto swapped into DUST & collected as well.
The Moat:
Users build their reputation on our platform, which would build network effects & make it hard to vampire attack us.
Go To Market Strategy (in detail):
1. Launch with DeGods & y00ts first.
2. Include a lead-gen form for NFT projects/DAOs & ask how much they’d be willing to pay
3. Add in feature for holders of NFTs to create their own “POW” profile where they can log their contributions to the project.
4. Create admin view for project creators that enables them to pay top contributors retroactively.
5. This incentives people to log all their contributions to projects + makes it easier for founders to reward the top community members.
6. Use success from DeGods/y00ts to create case study.
7. Use case study to convert first batch of leads into our first customers.
8. Spend 3-5 months collecting customer feedback & continuously improving the product optimizing around the following KPIs: consistent WoW growth, increasing MRR, and minimizing % churn.
9. Once we’re confident in the product, we should attempt to expand to the Web2 B2B SaaS market.
10.Create alternative landing page to highlight POW as a tool to better manage remote-work startups.
11. Add Fiat payment method & email OAuth.
12. Rally the troops to launch on ProductHunt & get #1
13.Repeat Step 8 for a long time
14.I have an idea for how to acquire a lot of DAOs as customers in a viral way, but that’s too much alpha.
Also, I feel like by tweeting this in public… now nobody can steal this 💀.
Maybe someone that read all of this has some good ideas/suggestions.
I’m excited for what we are going to do with it.
But for now, let’s focus on this 🌉.
Hope this helps anyone curious about how we think about stuff. Feel free to ask any questions or pick this whole idea apart.
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