PRIVATE VIDEO - BBB 271124

Summary

The video addresses a major transition within a blockchain project, highlighting leadership changes, strategic goals, and a focus on long-term growth. Key leaders from top companies are joining to strengthen the team, with a clear vision for the future, including AI integration and proactive community engagement. The speaker emphasizes patience, transparency, and the importance of aligning internal strategies with external communication. The project aims to create lasting impact by aligning with blockchain trends and prioritizing meaningful development over short-term gains. Updates on the strategy and product roadmap are expected in early 2025.

Takeaways

• 😀 Leadership updates include new C-suite hires: Chief Commercial Officer (Mike Milner), Chief Marketing and Growth Officer (Von), and an upcoming Chief Technology Officer.
• 😀 The project’s strategic roadmap will be shared in detail by January 2025, marking a pivotal phase for Concordium's growth and evolution.
• 😀 Financial runway is secured for 15-18 months, with plans for a fundraising round scheduled for the end of Q2 2025 after key milestones are met.
• 😀 The community is urged to be patient with the CCD token price, as progress will be aligned with long-term strategy rather than short-term gains.
• 😀 A commitment to proactive communication and frequent updates with the community, though the focus is on meaningful transparency, not just empty words.
• 😀 The focus for the first 3 months is on internal alignment and addressing critical organizational issues before external messaging begins.
• 😀 AI technologies are being explored, but integration will be thoughtful and strategic, focusing on long-term value rather than jumping on trends.
• 😀 The project will focus on incremental milestones, with each phase building towards a broader vision and higher-level goals.
• 😀 Patience is emphasized as crucial; rushing progress could jeopardize the long-term potential of the project.
• 😀 The project’s strategy aims to make Concordium a key player in the blockchain space by aligning the team’s resources with long-term objectives.
• 😀 The community is encouraged to engage actively and remain engaged, as meaningful progress will require collaboration and trust.

Q & A

What key leadership changes are happening at Concordium?

Concordium has appointed new leaders in key roles: Mike Milner as the Chief Commercial Officer (CCO), Von as the Chief Marketing and Growth Officer (CMGO), and the announcement of a new Chief Technology Officer (CTO) is expected soon. L, the founder, will remain as an advisor and board member, but will not be involved in day-to-day executive decisions.

When will the full strategy for Concordium be shared with the community?

The full strategy will be shared in early January 2025, after internal restructuring is completed. The leadership team is focused on aligning internal aspects first before publicly revealing the strategy.

What is the timeline for Concordium’s strategic execution and growth?

The strategy will be finalized and shared by January 2025, with plans to focus on long-term growth. In the next 6-12 months, the leadership team will work on clear, actionable goals to enhance technology, marketing, and community engagement.

What is Concordium's current financial situation and runway?

Concordium has a financial runway of 15-18 months at the current rate, though this is without significant growth. The leadership team plans to extend this runway through a strategic focus and potentially fundraising in Q2 2025.

What are the plans for fundraising at Concordium?

The team plans to explore fundraising opportunities starting in Q2 2025. However, the goal is to secure strategic investors rather than simply raising capital.

What is the strategy for the CCD token and its market performance?

The price of the CCD token is not the primary focus at the moment. The team is concentrating on building long-term value through strategic planning. Community members are encouraged to hold their tokens as the project focuses on internal growth and development.

What steps is Concordium taking to engage with its community?

Concordium is working on a more proactive communication strategy. The leadership team is focused on providing targeted, meaningful updates rather than reactive or superficial communication. The community is encouraged to stay engaged and provide feedback.

Is AI integration part of Concordium’s strategy?

Yes, AI is part of the broader strategic vision for Concordium. However, its implementation will depend on the project's positioning and will be approached carefully to ensure it adds real value rather than just being a buzzword.

How does the leadership team plan to make Concordium attractive to investors and developers?

The leadership team aims to shift the focus from short-term success to long-term value creation. They believe that by making the project more attractive and engaging, they can naturally draw success and investment, rather than simply chasing quick wins.

What is Concordium’s long-term vision for its impact on blockchain and Web 3.0?

Concordium’s long-term vision is to bridge the gap between Web 2.0 and Web 3.0 ecosystems, making a meaningful and sustainable impact in the blockchain space. The project aims to be a major player in the industry through careful and thoughtful development.