Quick recap

Pawel discussed the company's budget, the implementation of a scoring model for block producers, and the development of a new Oracle software version. Wayne presented the company's financial performance, marketing efforts, and ongoing projects, including potential partnerships. The team also discussed various proposals, including a campaign proposal with Trust Wallet, and the potential return on investment for such a campaign.

Summary

Core Infrastructure Worker Budget and Bug Reports

Pawel discussed the core infrastructure worker's budget being roughly on track for September, with a slight overspend expected to balance out. He highlighted an increase in bug reports due to a release fixing a voting bug, and mentioned a chain release. Crypto handles saw a 15% monthly drop but 34% yearly increase, with domains seeing similar trends. Pawel noted the resolution of voting bugs taking longer than anticipated, and the launch of the Alpha version of the new Bp Monitor website.

Implementing Scoring Model for Block Producers

Pawel discussed the implementation of a scoring model for block producers on the foundation's platform. The model assigns scores based on specific criteria set by the foundation, providing a 'cheat sheet' for community members to make informed decisions. This is part of a three-pronged approach to improve governance on the chain, which also includes integrating governance into the Fio app and reaching out to major token holders to refresh their votes. Pawel noted that there has been increased activity among block producers to improve their notes and scores.

Oracle Software Updates and Fio App Progress

Pawel discussed the team's work on a new Oracle software version, aimed at streamlining wrapping, unwrapping, and burning issues. He also mentioned the development of a light SDK and a core services update. Pawel noted a slight increase in domain registration and conversion rates in September and October. He also mentioned the ongoing work on the Fio app and website, including a maintenance release and a governance release planned for September. On the security front, Pawel mentioned recent attacks and bounty submissions that led to security enhancements. Luke reported no issues with payments and the ongoing process of selling Bitcoin as needed. Wayne was set to present next.

Company Financial Performance and Marketing Plans

Wayne discussed the company's financial performance for September, noting a slight underspend and a projected underspend for the quarter. He highlighted a decrease in handle registrations, attributing it to a tapering off of trust wallet's heavy start. Wayne also mentioned an awareness issue with the trust team and plans to issue a press release and run marketing campaigns. He noted a slight increase in domain registrations but a significant gap in their need. Wayne also discussed the company's foundation-generated revenue, which was slightly down due to a decrease in on-chain fees and T-pid rewards. He concluded by discussing the company's handle registrations and audience growth rate, noting a decrease in field domains and a slight increase in total net followers.

Marketing Efforts and Upcoming Events Discussion

Wayne discussed the company's marketing efforts, including a sponsored research newsletter, a Turkish Telegram group, and upcoming campaigns with Trust Wallet, Metamask, and Bit Unix. He highlighted the success of an Instagram ad campaign and a fruitful contact with the finance team. Wayne also mentioned the company's participation in the Token 2049 event in Singapore and the Maynet by Masari event in New York City. He noted that the latter event was smaller than expected but still valuable. Wayne discussed several upcoming events and partnerships, including a representative from Trust Wallet interested in moving their protocol to the forefront. He also mentioned attending the Binance Blockchain Week, the Defcon in Thailand, and the Crypto Expo Milan in November. Lastly, he noted that Fio token was listed on futures by the finance team, leading to a wave of other listings.

Ongoing Projects and Potential Partnerships

Wayne discussed various ongoing projects and potential partnerships. He mentioned that Metami, Fisa, Bluebird, and Hoddles are working on integration, while Kindly, a web 3 social platform, is considering native integrations. Trust Wally is nearing completion and is expected to do domain registrations. Fastx, a large company based in Armenia, is planning to integrate Field protocol into their wallet. Drip is set to finalize an MOU for integration, and Camp, a user identity layer, is interested in utilizing Field. Wayne also mentioned discussions with Fundy X, a crypto payments platform, and Global Rashid, a well-known figure in India. Lastly, he mentioned Peak, a layer-one chain for deep end, which wants to use Fio as a default naming service.

Worker Proposals, Core Infrastructure, and Campaigns

Pawel discussed the status of worker proposals, with the only active one being a one-time legal fee proposal. He also mentioned that the awareness proposals were nearing closure. Pawel then moved on to discuss the core infrastructure proposal, which had received votes from Gp and Wayne. Emily brought up a campaign proposal with Trust Wallet, which was likely to require a large amount of funding. Wayne suggested that the payment should come from T-pid funds for easier justification. Emily and Wayne discussed the potential return on investment (ROI) for a campaign with Trust Wallet, with Emily expressing concern about the amount they would retain from the campaign. She also mentioned that previous Trust Wallet team members had initially suggested a campaign budget of 200K, which had been reduced to 100K and now to 60K.

Next steps

• Emily to finalize campaign details and costs with Trust Wallet for the proposed global campaign and handle registration promotion.

• Adam and Emily to vote on the core infrastructure worker proposal currently in review.

• Wayne, Pawel, and other worker proposal leads to submit their subsequent worker proposals for the 3 months starting November 1st.

Video