Quick recap

The monthly steering committee meeting covered updates on finances, marketing campaigns, partnerships, and technical developments. The team reviewed their spending, revenue targets, and audience growth, while discussing upcoming marketing initiatives and event participation. They also addressed ongoing technical work, including bug fixes, infrastructure improvements, and blockchain developments, as well as updates on partnerships and integrations with various platforms.

Summary

Monthly Steering Committee Meeting Review

The monthly steering committee meeting was held, with key updates and discussions led by Wayne, Pawel, and others. The team reviewed their spending and growth, noting an underspend of $1,300 in liquid fio and an expected balance by the end of the month. They also discussed their revenue targets, with a notable increase in Tpid rewards and a slight decrease in domain registrations and renewals. The team also discussed their audience growth rate, which was slightly below the monthly target. Plans for future campaigns and partnerships were discussed, including a campaign to highlight domain owners' ability to earn revenue and a partnership with Metamask. The team also noted the absence of Emily and another team member due to travel.

Marketing Campaigns and Key Events

Wayne discussed various marketing campaigns and events, including a 2 million handle announcement with Bitunix, a demo video on how to vote in the Board election, and the introduction of key opinion leaders such as Global Rashid and Mr. Crypto. He also mentioned the upcoming Trust Wallet marketing campaign, Binance marketing campaign, and the sponsorship of the Counterparty event. Wayne highlighted the team's participation in several events, including the India Blockchain week, Puerto Rico Blockchain week, and the Consensus Hong Kong event. He also mentioned the team's plans to attend the Web 3 Amsterdam event and speak at it.

Company Progress and Infrastructure Updates

Wayne discussed the company's progress and upcoming projects, including partnerships with Block X and Coral App, and the integration of Trust Wallet. He also mentioned the slow response from Fastx and the ongoing talks with Let's Exchange and Kraken. Pawel then reviewed the core infrastructure worker proposal for December, noting a significant underspend and a reduction in AWS costs. He also reported on the KPIs for December, including no incidents and a slight increase in crypto handle registration. Pawel highlighted the ongoing work on Oracle software bug fixes, which have been time-consuming but are expected to be resolved soon.

Blockchain Team's Progress and Updates

Pawel discussed the blockchain team's focus on bug fixes and the development of a new block explorer. He also mentioned the ongoing work on the FIO app and website, including bug fixes and performance improvements. Pawel noted a significant increase in income due to the flow of rewards to the foundation, but no changes to the board composition or treasury. He also mentioned the ongoing work on the Atron agreement and the renewal of the infrastructure work proposal. The conversation ended with no other open items to discuss.

Next steps

• Wayne to launch campaign highlighting domain owners' ability to earn revenue through affiliate links after Miami event.

• Wayne to attend and speak at Wagmi Conference and Counterparty event in Miami.

• Marie and Hamo to attend Consensus Hong Kong.

• Wayne to speak and represent FIO at Web 3 Amsterdam in March.

• Mike to continue discussions with dex tools regarding FIO handle integration for contract addresses.

• Core team to release new Oracle software bug fixes this week.

• Core team to explore extending functionality of wrapping FIO token to base after bug fixes are completed.

• Development team to continue work on FIO Relic and associated explorer.

• Development team to release new FIO app version next week with bug fixes and performance improvements.

• Wayne and Adam to vote on the infrastructure renewal worker proposal for the next 3 months starting February 1st.

• Wayne to submit his worker proposal this week.