pp2tech
commented
1 month ago This task is basically a set of ideas how commercialisation of DPress could be funded. I moved it to final DPress document that summarizes product definition, market focus, financing options, etc. - just to keep it for future reference, should the team decide to come back to commercialisation focus.
🎟️ Re-ticketed from: #
📅 Due date: N/A
🎯 Success criteria: ...
Task Summary
Collect ideas that can be transformed into hypothesis and set of tests that answer question - How to grow this product/service?
To Do
Part 1 - Explore Funding Options
[ ] Grants
probably can continue with Grants. Is there a way to grow them substantially?
is EU funding a possibility? - POSSIBLE WITH THE RIGHT PARTNERSHIPS and it's being considered (Andi)
[ ] Donations
always can continue with Donations, but are theere ways to grow them substantially?
[ ] Bank Loans
bad idea, unpayable at current state, could jeopardise rest of operations
[ ] VC funding
I don't see 100x narrative for usual VC.
Any past contacts or discussions with any "impact focused VCs"?
leaning towards opinion - that VC route is more distraction than viable alternative
NOT TOTALLY OFF THE TABLE, BUT WOULD NEED SEPARATE CONTAINER (company)
and don't think team would be excited about it - (Andi: good tip, multi-stakeholder cooperative with new class of shares that are sold to investors)
- [ ] Token funding (include some blockchain/crypto components)?
no opinion on this one at the moment, but could be difficult for Coops to be involved, most likely would need to be a separate company/project/DAO?
no crypto enthusiasts on the team atm (my mistake - there's whole Cosmos team and other people, just not in DP team)
[ ] Crowdfunding - ordinary well known crowdfunding kickstarter type
seems plausible atm, enough communities Hypha/Sutty can tap into for creating buzz around crowdfunding
it would need sleek looking product as outcome and value proposition attractive for early-adopters of everything
Part 2 - What growth are we after - $$, users, usage, data volume, etc.
...
Part 3 - What potential growth levers do we have?
... from $$ to special product features
Part 4 - Can I quantify the market size or we need to test and see?
....
Part 5 - What experiments can confirm growth levers work?
....
Let's see where we'll get to before aiming for more.