Phase 1

Objective: Get fans and artists to love the app & community.

(Oct ‘22 - Apr ‘23)

Milestones Strategy
On-board users:
• 20 artists
• 600 fans Existing network of artists who will bring their fans
Nail engagement & stakescription metrics:
• 95% DAUs
• 90% of DAUs stake ≥ INR 1000 for ≥3 months
Obsessive execution:
• Product focus
• Talking to users
• Quick iteration
• Cultivating community
Simulate token economics:
• Token price action for different I & RR inputs
• Projected artist earnings
Launch to testnet and connect endpoints:
• Token bonding curve contract
• Funding contract
• Connect inputs to app data

Phase 2

Objective: Become India’s premier label for music artists.

(Apr ‘23 - Apr ‘24)

Milestones Strategy
On-board users:
• 75 artists
• 50 enablers
• 100k fans
xLabs:
• 25% of seed raise allocated to build xLabs
• YC for music artists
• Fund production, artist development, PR, gigs, tours, content, management, etc.
• Incentivize artists to bring their fans onto the app
• Launch enabler marketplace
Optimize stakescription & retention metrics:
• Increase avg. stake value per fan
• Increase avg. time staked
Obsessive execution:
• Product focus
• Talking to users
• Quick iteration
• Cultivating community
Finalize network economics:
• Finalize I & RR inputs for various scenarios
• Launch protocol and token to mainnet

| Learn from data: • Hire Chief Economist and data scientist • Run learning models on various simulations of token bonding curve contract & funding contract |

Phase 3

(Apr ‘24 - TBD)

Objective: Scale user acquisition playbook to various geographies.

Milestones Strategy
TBD TBD

To Know More

📌 Reach out at [email protected]

the sxene | Wiki

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