Focusing Limited Web3 Startup Resources for Higher Impact Product Development
Open AccessEarly-stage startups often have more ideas than resources and require targeted resource deployment to ensure suitable product delivery to market. Early-stage Web3 startups have an inherent advantage compared to non-Web3 early-stage startups in that they have access to granular, user-level, data via open-source ledgers or, commonly known as the blockchain. By utilizing this readily available user-level data, early-stage Web3 startups can concentrate their resources on high-impact product development to minimize unproductive resource deployment. This focused approach can improve early-stage startup financial success and reduce the likelihood of depleting raised funding. Additionally, Web3 early-stage startups can work to retain high-quality and economically beneficial end users to accelerate growth and financial stability. The intent of this praxisis to utilize machine learning to identify and rank high-quality products to ensure targeted resourced development towards their improvement for a single early-stage Web3 startup.
- All rights reserved
Notice to Authors
If you are the author of this work and you have any questions about the information on this page, please use the Contact form to get in touch with us.