Quick recap

Pawel provided updates on the core infrastructure, worker proposals, and various projects, while Wayne discussed the company's marketing strategies, overspending, and the progress of exchange listings and integrations. They also discussed the importance of growing their audience, the effectiveness of paid media, and upcoming events.

Summary

Core Infrastructure and Field Growth Update

Pawel provided updates on the core infrastructure, worker proposals, and the status of various projects. He reported that they were under budget by 12,000 primarily due to lower development and hosting costs. He also discussed issues with oracle software and the progress on Fia relic. On the core services side, he mentioned optimizing AWS costs and the launch of version 1.27 of the Po app, which included governance updates. Wayne then presented the November 2021 update for field growth, revealing overspending in USD due to prepaying for sponsorships. He also discussed the lack of achievement of KPI targets, particularly in handle growth and audience growth rate. The conversation ended with a discussion on community contributions and AWS expenses.

Marketing Strategies and Upcoming Events

Wayne discussed the company's marketing strategies and activities, including the use of AI-generated podcasts, influencer campaigns, and partnerships with Trust Wallet and Binance. He highlighted the importance of growing their audience and the effectiveness of paid media in improving market conditions. Upcoming events include the Wagmi event in Miami, Consensus in Hong Kong, and Web 3 Amsterdam. Wayne also mentioned the Field Handle Resolution project and the listing of futures by Kraken.

Fio Light SDK and Drought Discussion

In the meeting, Wayne discussed a slight drought, but no specific details were provided. Gil asked about the Fio Light SDK, prompting Pawel to explain that it is a lightweight library with minimal dependencies, designed to support only three functions: generating a transaction, signing it with a private key, and broadcasting it to the chain. Pawel emphasized that this approach makes the SDK easier to audit and less vulnerable to potential issues. Gil understood the explanation, and Micah ended the discussion by asking about the percentage of business development reasons, but no answer was provided in the transcript.

Exchange Listings and Integrations Progress

Wayne discussed the progress of various exchange listings and integrations, including applications submitted to Kraken and Coinbase, and potential partnerships with FastX, Bit Layer, Trust Wallet, Binance, Dex Tools, and Let's Exchange. He also mentioned the possibility of integrating with Coinbase via a wrapped token. Pawel reported on the progress of payments and the legal worker proposal. Emily raised a question about a previous trademark meeting, which Pawel agreed to address.

Next steps

• Wayne to follow up on marketing campaigns with Binance and Trust Wallet, including potential trading competitions and learn-and-earn programs.

• Wayne to continue pursuing major exchange listings, including follow-ups with Kraken and Coinbase.

• Pawel to oversee the implementation of performance improvements and Metamask Snap enhancements for native FIO handle registration.

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