DOIT Evaluation
Yearly Evaluation: Drivers, Obstacles, Innovations, and Threats
DRIVERS
Established Community A group passionate about Web3 and mobile technology, forming a solid foundation for collaboration and growth.
Mission to Innovate Clear goal to create new solutions by merging blockchain and mobile technology for real-world impact.
Decentralized Vision A commitment to building a fair, transparent, and member-driven ecosystem.
OBSTACLES
Limited Skills Not enough experienced members to drive critical decisions and support growth.
Low Funds Scarcity of financial resources to support multiple projects and initiatives.
Poor Reputation Ongoing challenges in building trust and attracting new members.
INNOVATIONS
Growing Interest Rising demand for blockchain and mobile tech creates expansion opportunities, with insights from web3 natives shaping future developments.
Partnering Up Collaborating with other DAOs & projects in blockchain/mobile/dePin can unlock new growth channels.
New Tech Potential to develop unique tools and ideas focused on a mobile blockchain user experience.
THREATS
Internal Misalignment Poor communication and misaligned objectives waste time and reduce focus.
Scams Fraudulent activities within the industry damage trust and discourage participation.
Tech Missteps Using the wrong tools or failing to adapt to emerging technologies hinders progress.
Next Steps
Strengthen Internal Skills: Focus on recruiting or upskilling to address manpower necessity.
Boost Funding Efforts: Explore grants, partnerships, validator stake, or tokenized funding to alleviate budget constraints.
Develop and Deploy: Establish systematic and strategic investment capital to support community-led innovations and product development.
Leverage Innovations: Capitalize on the growing interest in mobile blockchain, form strategic partnerships, and adopt effective new technologies.
Enhance Reputation: Demonstrate transparency, successful partnerships, and clear progress to build trust.
Mitigate Threats: Communicate openly to stay aligned, hold a high project vetting standard to avoid scams and bad actors, and adapt to ecosystem and tech changes.
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