Year 1 - Funding

Product

1. Proof of Concept (POC):

The Proof of Concept phase involves developing a working model or prototype of BlockChat to validate its core features and technology. This includes implementing core functionalities such as decentralized messaging, token integration, and initial user interfaces. The goal is to test whether the platform’s technology works as intended and to gather early feedback from key stakeholders and testers.

Key Milestones: Successful demo of key features, addressing early technical challenges, and receiving validation from early users or partners.

2. Token Launch (Metis Andromeda)

The token launch marks a critical phase in BlockChat’s journey, introducing the platform’s native token, $BCD, to the market. This involves setting up smart contracts, tokenomics, and liquidity pools. The launch may be accompanied by listing the token on decentralized exchanges (DEXs), building liquidity, and creating use cases for the token within the ecosystem, such as purchasing subscriptions and participating in DAO voting.

Key Milestones: Successful deployment of the token on a blockchain, strategic partnerships for token listings, and integration of the token within BlockChat’s services (e.g., BlockSpace subscriptions).

3. Build 2.0

Build 2.0 represents the second phase of platform development, focusing on expanding features and improving the core infrastructure. This build will likely address scalability, additional security protocols, and feature enhancements based on user feedback. New capabilities such as advanced analytics (BlockSpace Analytics), DAO voting systems, and additional AI functionalities could be introduced.

Key Milestones: Completion of new features, successful stress-testing for scalability, integration of user-requested features, and ensuring seamless performance across decentralized nodes.

4. Native Mobile App:

Developing a native mobile app for BlockChat ensures greater accessibility and convenience for users, allowing them to interact with the platform on the go. The app will support all major functionalities, such as messaging, token transactions, and BlockSpace management, while ensuring a smooth user experience on both Android and iOS devices. The app will leverage mobile-optimized UI/UX designs and offer enhanced notifications and mobile-specific features.

Key Milestones: Launch on the iOS App Store and Google Play Store, positive user adoption and feedback, and seamless performance across mobile devices.

Marketing

1. Building Community:

A strong and engaged community is at the heart of any successful Web3 project. Building BlockChat’s community involves fostering organic growth, creating engagement strategies, and rewarding early adopters and contributors. Tactics may include hosting AMAs, launching community incentives like airdrops or referral programs, and utilizing platforms like Twitter, Discord, and Telegram to keep users engaged.

Key Milestones: Growing the community to a targeted number of active users, maintaining high engagement levels through regular interaction, and fostering user-generated content and feedback to improve the platform.

2. Marketing the Platform:

Marketing BlockChat includes crafting a strong brand narrative and deploying effective digital campaigns. This will involve content marketing (blogs, podcasts, etc.), targeted ads, and influencer partnerships to drive brand awareness and attract users. Furthermore, utilizing case studies, testimonials, and partnerships with key figures in the Web3 space will position BlockChat as a leading decentralized communication platform.

Key Milestones: Achieving specific user growth targets, securing media coverage on platforms like CoinTelegraph or Coindesk, and growing awareness across social media platforms.

3. Attend Key Web3 Events:

Attending key Web3 events and conferences (e.g., Coinfest Bali, Token2049, ETHGlobal, Devcon, or Consensus) is crucial for building industry credibility and networking with influential figures in the blockchain space. BlockChat’s team can leverage these opportunities to present the product, form partnerships, and attract potential investors or users. Event attendance also demonstrates BlockChat’s commitment to being an active part of the Web3 community.

Key Milestones: Sponsoring or speaking at key Web3 events, gaining press coverage from the event, and forming strategic partnerships or collaborations with industry leaders.