Module introduction

This module focuses on the importance of developing a Minimum Viable Product (MVP) that addresses customer needs for iterative testing and feedback. By focusing on essential features that address a specific customer problem, businesses can rapidly develop an MVP, allowing for quicker market entry and real-world user feedback. This iterative approach helps gather insights from early users, enabling continuous improvement and refinement of the product based on actual customer experiences instead of assumptions.

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If your product is “perfect" when you launch, it's too late.

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🖇️Objectives:

1. Understand the core principles of MVP development in the Web 3 and AI context.
2. Identify critical features versus nice-to-haves for the MVP.
3. Get your early-adopters/customers. Learn how to test, collect feedback, and validate the MVP with real users.

📍Key Topics:

• 1️⃣ Defining your MVP
• 2️⃣ How to get your first customers
• 3️⃣ User Testing & Feedback Collection Techniques
• 4️⃣ Q&A with founders on how did they get their first customers with their MVP

🧷 Conclusions

• Importance of Iteration: An MVP should focus on core functionalities that solve customer problems rather than striving for perfection before launch. Early feedback is crucial for effective iterations.
• Customer Engagement: Actively seeking out and engaging early adopters is essential. Founders should be willing to conduct non-scalable activities to gain traction and insights that inform product development.
• Feedback Mechanisms: Establishing a robust feedback collection process helps in understanding user experiences, needs, and frustrations. Utilizing various testing methods provides valuable data to refine the product.

❓Q&A Slido

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