RUNWAY SERIES by Olive Capital - web3, Venture Capital, Startup, Crypto

58. Richard Draper, Co-Founder @ Mava - How customer support magnifies web3 community building


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Ep58, a community & web3 episode with Richard Draper, Co-Founder @ Mava.app

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Building a community is vital for the success of any web3 project. Decentralization, innovation, and web3 development are only possible through people, and in order to make that happen, there must be a united community that fights for the initiative. On the other hand, the credibility of web3 projects is still negatively affected as a result of countless fraudulent schemes that persist in continuing and tainting an otherwise promising concept. Building a community not only benefits the project but also earns it more authority. It does come with its own set of challenges, though. Creating, managing, and growing a community is time-consuming and requires effort. In this episode we are discovering how customer support magnifies building a web3 community, with Richard Draper, co-founder at Mava. Across four parts, you will learn

  • the similarities & differences between web2 and web3
  • how in web3 building a community should be the starting point, but also if successful web3 projects can start without a community
  • Who needs to build the community in the earliest days and how to identify engaged users beyond what’s “visible”
  • Before starting Mava, Richard and his co-founders built another venture and decided to pivot 6 months ago right at the begining of this bear market. Through his experience, you will learn the art of pivoting in a context of a bear market, namely

    • keeping on building in the same direction or understanding fake PMF & toxic signals
    • finding support from existing investors
    • researching and validating various ideas, then choosing where to pivot to
    • Finally you will learn about Mava, its market opportunity and how Richard is building it and the long term plan for growing Mava. This was a great and insightful episode with Richard where we’ve had the opportunity to understand how we can address and tackle the peculair challenges of building communities in web3.

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      Produced by UPCOMINGVC® upcoming.vc, created and hosted by Raphael Grieco.

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      RUNWAY SERIES by Olive Capital - web3, Venture Capital, Startup, CryptoBy By Olive Capital, hosted by Raph Grieco

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