Goodwill Flywheel
How can crypto incentives instigate flywheels of goodwill?
What goes around comes around. Not all nodes of a network are equal, some different strengths than others, mavens, connectors, and salesmen. Align incentives to drive behaviours that build systems that distribute better outcomes. Network effects provide a movement with virality and defensibility.
Real Connections
What are the minimum requirements to sustain a healthy community?
One hundred and forty seven is considered to be the maximum number of valued connections each person can maintain. What type of connections are required to build robust networks of know how to fuel continuous innovation and growth.
- Industry experts and thought leaders: Connect with people who have deep knowledge of emerging technologies and industry trends. This can provide valuable insights to guide strategy.
- Potential customers and users: Build relationships with your target audience to better understand their needs and pain points. This customer-centric approach is crucial for developing successful products and services.
- Investors and financial partners: Establish connections with those who can provide funding and financial guidance as you scale your business.
- Tech talent and developers: Network with skilled technologists who can help build and implement innovative solutions.
- Cross-functional teams: Foster internal connections across different departments to break down silos and encourage holistic thinking.
- Data and analytics experts: Partner with those who can help you leverage data for decision-making and to identify new opportunities.
- Startup accelerators and incubators: Join programs that provide mentorship, resources and connections to help grow your business.
- Open source communities: Engage with open source projects and communities to tap into collective knowledge and innovation.
- Academic institutions: Build relationships with universities and research centers working on cutting-edge technologies.
- Regulatory bodies and policymakers: Stay connected with those shaping the regulatory landscape for your industry.
- Complementary businesses: Identify potential partners whose offerings could integrate with or enhance your own.
- Industry associations and professional networks: Join groups that facilitate knowledge sharing and collaboration in your field.
- Mentors and advisors: Seek guidance from experienced professionals who can provide strategic insights.
- Early adopters and beta testers: Connect with users willing to try new products and provide feedback.
- Media and influencers: Build relationships with those who can help amplify your message and increase visibility.