[Business & Sustainability]
With our launch, we have run into a scenario that has forced us to step back and evaluate not only our short term trajectory - we have been forced to step back and think about a long term vision & sustainability in our 3-5 year plan.
& After considering the reality of the situation we find ourselves in at rootAI we've come to a number of conclusions; In the short term and in our long term vision:
First I want to start by saying we've never planned any of this without a long term vision in mind. Though, to be frank the vision we had dreamt of prior to becoming a
@bankrbot launched token was very much different in terms of exiting and strategy in product/revenue creation sustainability planning.
Initially, the typical questions regarding equity retention and the standard bore-fest that is business planning was just that; a series of typical and boring questions that we planned for as any other start-up would prior to raising via VC. These questions include not only how to fund, build, sustain, evaluate, and repeat - but how do we exit? How can we make this a product that lasts longer than the average business cycle? How do we break the mold and become a brand that lasts 100 years? & Importantly, how do we achieve becoming a unicorn stay a unicorn for a century ?
These outlier-type questions (most businesses live within a standard business life-cycle) and breaking the norm./regular statistic is something that most can't fathom doing, rather they plan to exit at the top of a business cycle when valuation is expected to be the highest. These types of thoughts and plans are typically moonshot items and actually achieving that long-term sustainability beyond the average business life-cycle isn't something that the average or even above average organization founder expects to actually work through and find answers/achieve.
This is just a fact, most businesses peak and slowly bleed in rev., and furthermore relevance. This leads to companies that in some cases are 20 years old shutting down and calling it a good game. Understanding that reality will help you understand the value that
@bankrbot brings us as founders and furthermore a progressive decentralization approach that blockchain and decentralized tooling powered by blockchain funding can bring a product & the organization that powers it.
The thought is this:
Our short-term plans, generally didn't change (1-3 year). While our long-term planning has certainly taken a new path & luckily two of three founders can see a reality that is abstract and makes our lifespan potential/projects grow to infinity. Here's how:
Understanding that our 1-3 year plan won't change much was the first step. Building a solid product suite, creating a brand that can be a 'unicorn', and developing a die hard community base of supporters that would rather use our products over competition (to support us and our revenue) is the first step. That part hasn't really changed. We always planned on creating a billion dollar marketcap winning Product Meme Fit.
However what did change, was the projected path after that 1-3 years. With a decentralized funding mechanism, and a community that supports our decentralized and 'fuck the VCs' ethos we have created a cult. A cult of extremely smart, and innovative thinkers, and importantly a cult of talent of which contains many very intelligent builders throughout many facets of the trenches and even in some cases corporate/ex-corporate builders that come from outside of the crypto space but have somehow found us whether it's via AI speculation in the
@Base ecosystem - or some similar interest that bought that user/supporter to us.
The reality mentioned above, provides us with one clear path forward after the 1-3 year plan. That path is Progressive Decentralization. & here's why:
By using progressive decentralization the 1-3 year short-term development and fundamental value creation doesn't end with us exiting into some VC pocket, & it CERTAINLY doesn't end with us shutting down and calling it a good game.
With the ingredients of based, turbo cracked founders building a foundation that is
$rootAI & its fundamental data aggregation execution layer a cult community of users/supported
@bankrbot funding flywheels, we enter a realm and reality that gives us a path forward with being an outlier.
rootedge.ai's product suite and foundational technology that we are developing now CAN last 100 years and be an outlier, but the only way that we can achieve that is routing our 3-100 year business plan into a decentralized path. That journey we are projecting will last somewhere around 3-5 years. With us being involved in the build for 8 total years if all goes according to theory & execution.
WTF is progressive decentralization you might ask?
Well it is the process of moving our product and its value/rev. flywheel into the hands of a foundation (we are setting one up) that has a sole purpose: to promote the evolution of
$rootAI and its products/flywheel/cult into a DAO (Decentralized Autonomous Organization). With the transition of product in the hands of our three founders, to a DAO, the lifespan of the brand and furthermore its products go into the hands of new builders, with a system of operation that ensures no single or even cabal (fuck cabals) can over-take, or kill of the product. This forces
$rootAI onto a path that provides not only outlier status in terms of business life-span, but outlier status in terms of potential future valuation.
This is just the start of the journey, and we are planning to make our efforts funnel into a journey that takes 100 years and lasts as long as the blockchain.
- Intern the Main Character &
@Base CEO