Grants Labs Product Strategy Review June 2024

🧙 🧙‍♀️ Ideas and Open Discussion
1

Meeting Notes: Grants Lab CASE and Product Strategy

Date: June 19 2024

Link to slides: Share_Product Strategy_061924 - Google Slides

Attendees:

  • Core contributors to Gitcoin
  • Meg and @owocki presenting

Agenda:

  1. Review 2024 Product Strategy Introduction to CASE and its integration with the product strategy.
  2. Introduction to CASE and its integration with the product strategy.
  3. Breakout sessions for in-depth discussions.

Key Points Discussed:

  1. Introduction and Objectives:

    • The meeting aimed to address the integration of CASE (Capital Allocation Strategy Exchange) into the overall product strategy, especially as Q3 approaches.
    • Emphasis on maintaining a casual yet productive conversation with active participation from all attendees.

  2. Overview of Gitcoin 2.0 and Product Strategy:

    • Reflection on the nascent success of Gitcoin 2.0 launched earlier in the year.
    • Acknowledgement of the need for adjustments and improvements while maintaining core goals, such as distributing $50 million through Allo and focusing on grants = growth.

  3. Key Focus Areas:

    • Customer-Driven Innovation: Leveraging Gitcoin’s expertise in grants programs to offer customized and consultative solutions to partners.
    • Improving Grants Administration: Addressing challenges faced by grant administrators with better tooling solutions.
    • Embracing Multi-Mechanism Future: Incorporating diverse capital allocation mechanisms into the Gitcoin ecosystem to enhance product offerings.

  4. Strategic Projects and Initiatives:

    • Examples of successful custom builds were shared.
    • The importance of making these processes repeatable and reliable to handle multiple large deals efficiently.

  5. CASE (Capital Allocation Strategy Exchange):

    • CASE aims to incorporate mechanisms developed by others into the Gitcoin product suite, enhancing the ecosystem’s capabilities.
    • Development of the Allo starter kit to facilitate quick and efficient integration of new mechanisms.
    • Publication of the “Capital Allocation Strategy Handbook” detailing over 30 potential mechanisms for future on-chain coordination.

  6. Product Strategy and Future Outlook:

    • Projected financial goals and distribution of GMV (Gross Merchandise Value) across various mechanisms.
    • Discussion on the anticipated pluralistic ecology of tools contributing to GMV, with no single dominant mechanism.

Action Items:

  • Conduct breakout sessions to gather feedback and discuss the strategy in detail.
  • Continue refining the Allo starter kit and integrate new mechanisms as part of CASE.
  • Focus on improving customer-driven innovation and grants administration processes.
  • Monitor and adjust the product strategy based on ongoing feedback and performance metrics.

Conclusion:
The meeting reinforced the importance of CASE in the product strategy, emphasizing customer-driven innovation and efficient grants administration. The team remains committed to achieving the set financial goals while continuously improving and adapting the product offerings.

These notes are taken from a meeting transcript summarized by ChatGPT.

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