2025-04-08 Meeting summary for Steering Committee Monthly Call
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Quick recap
The steering committee reviewed new worker proposals, with Sarn presenting a proposal from One of One Labs focused on increasing FIO adoption and sustainable growth. The committee also discussed two worker proposals presented by Justin, Sarn, and their team, and Adam, covering marketing, partnerships, and leveraging existing relationships to grow FIO adoption, as well as blockchain development and technical support for partners. The conversation ended with discussions on whether to delay voting on existing marketing-related worker proposals to allow for a new proposal from Micah.
Summary
Fio Adoption and Sustainable Growth Proposal
The steering committee is reviewing new worker proposals. Sarn, a Fio block producer, is pitching a proposal from One of One Labs focused on increasing Fio adoption and sustainable growth. They aim to offer a more cost-effective model prioritizing fee-based payments and aligning incentives, believing the current RevOps proposal is underperforming. Sarn is presenting details to the committee for their consideration and vote.
FIO Foundation Marketing Strategy Proposal
Sarn presented a worker proposal to improve the marketing and business development strategy for the FIO Foundation. The proposal aims to increase community engagement, drive measurable adoption, and boost brand recognition. Sarn highlighted the low engagement on social media platforms and the need for a fresh perspective. The proposal includes a new marketing strategy, community management, and business development. The team plans to outsource certain tasks and focus on sustainability. The proposal also includes a budget breakdown, with compensation in FIO tokens. The team is open to adjusting the budget to include locked FIO tokens. The proposal was well-received, with no major concerns raised.
FIO Adoption and Partner Strategies
The summary discusses two worker proposals presented by Justin, Sarn, and their team, and Adam. Justin and Sarn's proposal focuses on marketing, partnerships, and leveraging existing relationships to grow FIO adoption. They emphasize quality over quantity in partnerships and plan to utilize the FIO dashboard to increase organic growth. Adam's proposal covers integrations, development, and technical support for partners. The steering committee members ask questions about partner onboarding, conflict of interest in voting, and strategies for attracting new partnerships. The presenters address these concerns and highlight their experience in the crypto space.
FIO Blockchain Development Proposal
Adam presents a proposal for blockchain development, focusing on creating functional and non-functional token assets on the FIO blockchain. The proposal includes a new worker role to reach out to academic institutions in Colorado with blockchain programs. The budget for this proposal is $24,000 over three months, with half of the funding coming from existing proposals. Adam also discusses the benefits of implementing FIO assets, including increased platform utilization, domain registrations, and TPID exposure. He outlines a timeline for development, testing, and deployment of the FIO assets functionality, with marketing discussions planned for July.
Integration Support and Revos Proposals
Adam discussed the future of integration support and the potential for using funds from Wayne's proposal to fund the development of Pheo assets and outreach to new Kols. He also presented two proposals for the Revos life support, one with a 90% budget cut and an alternative budget with a lower cost. Pawel sought clarification on the scope of the proposals, particularly the Revos life support, and the differences between it and Wayne's proposal.
FIO Platform Worker Proposals Discussion
The meeting discusses several worker proposals related to marketing, development, and support for the FIO platform. Pawel clarifies that only fully submitted proposals can be considered, not potential future modifications. Adam explains his proposal includes conditional payments based on token price and delivery of FIO assets. The group debates the merits of building new features versus attracting users, with Pawel expressing skepticism about user adoption. Emily seeks clarification on the marketing aspects of Adam's proposal. Pawel summarizes that there are three overlapping proposals for marketing and operations, suggesting steering committee members should vote for one of those, plus a separate proposal for FIO assets development.
Social Media Engagement Strategy
Wayne presented a rebuttal to Sarn's proposal, arguing that their current social media engagement and token price are not anomalies, as engagement is down across all projects. He proposed a new strategy with a smaller team, focusing on growing social media engagement, closing big partnerships, and attending major events. He also mentioned the importance of top-tier partners and the need for a grant structure. Sarn disagreed, stating that Theo's reach and engagement are unique and that the current strategy is not working.
Steering Committee Considers Delaying Vote
The steering committee discusses whether to delay voting on existing marketing-related worker proposals to allow for a new proposal from Micah. Pawel explains the usual governance process and timeline for worker proposals. The committee members have differing opinions on whether and how long to delay. They ultimately decide to hold a vote on delaying until Friday to hear Micah's pitch, with the current tally at 2-2 and GP's vote needed as a tiebreaker. Micah also shares his thoughts on the value of the existing partnerships team and concerns about bringing in someone new for a short period.
Next steps
Pawel to reach out to GP for the deciding vote on delaying the worker proposal voting process.
Micah to submit a new worker proposal by Thursday end of day if the steering committee decides to delay the voting process.
Steering committee members to participate in an ad hoc call on Friday to hear Micah's pitch if the delay is approved.
Steering committee members to submit their final votes on worker proposals by Friday if the delay is approved.
Wayne to submit a separate worker proposal for 15 days of pay if his current proposal is not approved.
Steering committee members to provide feedback on each worker proposal, even for those they don't vote for.
Steering committee members to vote on the existing marketing-related worker proposals as soon as possible if the delay is not approved.
Pawel to post the decision about delaying the worker proposal voting process on the steering committee decision board.
Steering committee members who have already voted to officially record their votes on the decision board. Fio Adoption and Sustainable Growth Proposal