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Important: define effective product offering #52

Open sergfeldman opened 1 year ago

sergfeldman commented 1 year ago

The purpose

Define effective product offering.

Background

I hope everyone here wants Ubiquity to succeed. It is very important to have an effective product offering.

An effective product offering meets at least 2 criteria: 1) The target audience really wants it. 2) The team has a product vision and actively implements it.

As far as I see, each Ubiquity team member has their own vision for our product offering. At the same time, none of them meet both criteria.

Product The target audience really wants it The team has a product vision and actively implements it
Ubiquity Dollar No. No enthusiasm for new stablecoins is expressed, rather a wary attitude. A high risk that stablecoins will be regulated in majority of countries. No. There is no unique vision, the team is doing something, but not actively.
DevPool No. Some technically advanced people recognize the utilitarian value. For the majority, the product is not exciting. Yes. Alex has an interesting vision and the team is actively building the DevPool.
Other ideas No. Each team member has their own ideas for new products. None of the ideas is validated by its target audience. No. The team does not seriously create a new product. One possible exception is the Ubiquity Card.

Vision to stablecoins

Due to regulatory concerns stablecoibs will have to be licensed. For example, Membrane finance EUROe according to MiCA https://www.euroe.com/ecosystem https://www.euroe.com/licencing

0x4007 commented 1 year ago

Interesting conversation topic for a call.