At Bankless Consulting we believe that web3 will fundamentally change the way companies do business and will reset the power dynamics between consumers, service providers, product manufacturers, and resellers. Organizations that are able to orchestrate crypto-primitives in innovative and clever ways will be able to reap outsized advantages while positioning themselves as market leaders.
Web3 is the frontier.
Technology advancements in this arena are fast-paced. Crypto-ideas and web3 products’ utility can appear somewhat confusing and hard to grasp for the general public. While this has caused a certain mistrust amongst non-web3 professionals towards this new tech area, we believe that an expert guide can help draw a path for organizations to enter web3 with confidence.
Diving into web3 means unlocking new business possibilities that were previously inaccessible to traditional corporates, or TradCos in the crypto-lingo.
If you are a Corporate Executive, a decision maker responsible for growing a part of the business, or an ambitious manager willing to bring innovation into your department, then keep reading.
From the start, you’re up to a few challenges.
How do you make sense of the tech when the information you get is confusing, at times contradictory, rarely actionable, and just so messy?
How do you do that while working long hours just to run your existing, established business?
How do you arrange building blocks like DAOs, NFTs, tokens, DeFi, etc in a coherent way that can generate tangible results for your business?
How do you set a clear vision for your organization in web3?
These questions are hard. Fortunately, we have identified the approaches that get to the answers very quickly - we understand the window to seize a strategic advantage is narrow.
Bankless Consulting’s Web3 Discovery Sprint program was specifically designed to provide TradCos’ professionals with a mix between an educational product and a comprehensive web3 strategy for their business.
We called it a sprint because we want to give you the answers that matter to you in just a few weeks: this is not an exercise that will require months of your valuable time!
To reach your objectives, our experts perfected a methodology that combines elements of Convergent/Divergent idea exploration, Design Thinking approaches and business strategy.
Our exclusive Web3 Discovery Sprint encompasses four key phases.
Let’s have a quick look at them.
We start from you: we understand what drives your business, what your strategic context is, and what your objectives are. Where do you see your business in the short, medium and long-term?
We then start discussing the web3 primitives that, when purposely orchestrated, can give you the results you are after. To do this properly, we first spend some time with your team to identify the problem that we are trying to solve.
At this stage, we are careful to only talk about the problem not to prematurely constrain any outcome. Without a crystal clear delineation of the problem, it is unlikely we will be able to come up with a helpful solution.
Once we identify the problem we want to tackle, we move into solution ideation.
This is where we apply the desirability, feasibility and viability lenses to ensure the solution we eventually select is the one that your customers will find helpful, that you can implement given your budget constraints and that is technically sturdy.
But this is not all just talk. The Web3 Discovery Sprint is also a doing practice. Somebody smarter than me (maybe Confucius, or perhaps Benjamin Franklin… you know how quotes are attributed on the internet!) said:
Tell me and I forget. Teach me and I remember. Involve me and I learn.
Clever pitch, so we thought of making the sprint not just about theory!
As part of the program, we take some time to develop a low-fidelity prototype with you that makes you touch and feel how the solution will stand together.
After a series of high-intensity, high-collaboration, fast-paced working sessions - this is a sprint after all! - where our experts guide your team through problems, solution options and implementation assessment, we turn the table around.
It’s now your team that will pitch the final product to the Bankless Consulting Board: let’s call it a web3 shark tank.
You will be asked to present our co-designed idea to some of our senior members whom you have never met before, and they will give you additional feedback and thoughts.
We finally help you crystallize the roadmap by synthesizing all the work we’ve done together in a litepaper, a web3 strategy that is ready for the next step: the implementation.
Because we want to be relevant to your industry and your business, before kicking off the program, we will ensure that your strategic outcomes are discussed with our team first, so that we can design the timeline and the program details around what you want to get out of this exercise.
There’s no cookie-cutter approach, but by leveraging this framework we will ensure all the critical points in drafting a web3 strategy for your products or services are touched, and the outcomes you receive translate into strategic advantages for your team.
Our consultants are professionals with decades of experience in technology, marketing, strategy and economics. They have been learning and experimenting with cryptoassets and decentralization since the early days of web3. That’s what we mean when we say that we are web3-native.
We believe that taking your team through Bankless Consulting’s Web3 Discovery Sprint will give you immediate business benefits that include:
improved understanding of key web3 concepts and terminology;
aligned objectives and vision across all your team members;
crystal-clear identification of the industry problem your business will solve;
a well-defined solution that addresses the selected industry problem;
a structured business case for change that you can use for funding request and/or further leadership approval.
We are ready to get to work.
Drop me a message if you want to start a conversation.
MC10 | Bankless Consulting
