Q4’22 Foundation OKRS (Published)

Q4’22 Foundation OKRS (Published)

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Hey there, thanks for looking at our Objectives and Key Results! Below you’ll find the OKRs we work from. If you’d like to best understand these, we recommend reviewing the model. These are meant to be ambitious and difficult to achieve in the time allotted, completing ~50-70% of the total work is considered successful in this model and we often take on work we know will span multiple quarters. We also align our efforts to the 'Orbits' model which is further described here.
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Looking for previous quarters? Browse to ‘Recaps and Reports’ and you can find links to blog posts and/or board decks that cover our OKRs and results.

👁️ 1-Year Vision

Activate Bitcoin capital by providing the infrastructure, talent, and tools necessary to build Web3 on Bitcoin using Stacks. We know the value built on Bitcoin will exceed the value of Bitcoin, with Stacks being the leading tool to create that value. Breaking that down further, we aim for the value built on Stacks to exceed the Stacks Market cap by July 2023, which will be approximately 3% of BTC’s value. We believe the clearest path to achieving this goal is through the support of infrastructure, developers, and companies built on Stacks.

⭐ The Working Numbers

Objective: Value Built on Stacks > Stacks Market Cap > 3% BTC Market Cap
Key Result: 300 companies (4x) built on Stacks by July ‘23
If you want to have 300 companies built on Stacks in 12 months, this translates to roughly:
  • Companies led by entrepreneurs: 300
  • Talented community leaders: 1200
  • Developers: 1000

👨‍👩‍👦‍👦 Teams

💸 Grants Team: Will, Jenny 📚 Chapters Team: Adam, Jenny, Shannon 📝 Operations Team: Brittany, Nick, Shakti, Martha ⚡ Founder Success Team: Mitchell, Brittany, Christopher 🔧 Developer & Blockchain Success Team: Kenny, Jesse, Jude 🪴 Developer Growth Team: Kenny, Shannon, Adam 📣 Amplification Team: Caitlin, Rick, Claire, Mitchell 🏦 Governance Team: Jenny, Jude 🤝 Partnership Team: Mitchell, Christopher, Jesse

🎯 Stacks Foundation Key Objectives, Q4 2022

🖱️ Scroll down to see the full list of work ongoing in each area, or click to jump!
(B) 600 total Community Leaders (29% increase from end of Q3)
(C) 105 total Companies built on Stacks (15% increase from end of Q3)
(D) 500 total Stacks Developers (28% increase from end of Q3)
 

4️⃣ Why these OKRs for Q4?

Our rationale for these items is explained in our introductory blog post for Q4 OKRs 🚀
 

 
⬅️ scroll left and right over the table to see all the details ➡️
 
 
(A) Successful Blockchain Upgrades and Improvements (Published)
#
Orbit
Objectives, KRs
Lead
Protocol / Community Governance / Ecosystem
1
2
3
4
Stacks 2.1 upgrade is: ⭐ Code Complete ⭐ Has a formal SIP written and shared with community ⭐ Reviewed by all CABs ⭐ Successfully voted on (see A6) ⭐ Live before end of 2022 (if voted in, and accepted by miners)
Jude Nelson
0
1
Stacks 2.1 is adequately tested to ensure Stacks’ high bar for security and robustness are maintained.
Jesse Wiley
0
1
2
Increase community participation in network-wide decision-making ⭐ Get 280 community members (10x of SIP-012 vote) to vote on 2.1 upgrade with at least 80% voting yes
Jenny Mith
0
95% successful upgrade to 2.1 among integration partners (exchanges, Stacking pools)
Mitchell Cuevas
0
1
2
Improve blockchain-related communications related to incidents, congestion, or other critical updates. ⭐ Create a page displaying current blockchain status ⭐ Automate important updates to @StacksStatus ⭐ Implement on-call/response process to ensure quicker communications and post-mortems ⭐ Update terms of Immunefi bug bounty program to clarify valid report scope
Jesse Wiley
2
1
Improve the end-to-end ecosystem-wide decision-making process by making it more efficient, supportive, and inclusive: ⭐ Recruit and train 15 SIP editors to identify and shepherd high potential ideas through the SIP process ⭐ Recruit and activate 3 technical mentors to support the writing/development of SIPs ⭐ Solicit two high quality draft SIPs by supporting community members (outside of major entities) through the full SIP process (Forum/Twitter post, engagement with SIP editors, attendance of SIP weekly meeting, working with SIP mentor…)
Jenny Mith
0
Assist the ecosystem in increasing available Stacks core developers from 8 to 20 over the next 2 quarters. Look to generate 5 of the new hires from events in Q4.
Mitchell Cuevas
0
Assess and validate market opportunities for Stacks differentiation as part of established Working Groups
Mitchell Cuevas
0
Explore onboarding of an experienced Technical Product Manager to take responsibility of driving consensus and clarity around the Stacks blockchain and network roadmap.
Mitchell Cuevas
(B) 600 Community Leaders (Published)
#
Orbit
Objectives, KRs
Lead
1
2
3
4
Stacks Narrative Refinement Project These efforts will be aligned with Ecosystem Marketing/Comms Working Group ⭐ Reviews existing narrative, identifies gaps and opportunities for refinement; provides related metrics for project success ⭐ Proposes audience-based messaging refinements ⭐ Delivers tools for the team and community on best practices (style guide, audience breakdowns, etc.)
Claire Topalian
1
2
Document impact and ensure sustainability of the Residence Program Publish a report/proposal that: ⭐ Audits the residencies that have been undertaken to date and lays out the overall value created vs. amount spent ⭐ Proposes an official quarterly or yearly budget for the program ⭐ Identifies high-potential R&D areas or projects for which we can recruit new residents
Jenny Mith
1
2
3
4
Grant impact: Align awarded grants to highest-priority opportunities for Stacks. ⭐ Identify and Publish (not award) 8-12 Wishlist Grant applications for the community to vie for in Q1 ‘23. Ideas to align with 2.1 upgrade unlocks and critical ecosystem needs. ⭐ 85% of grants are applied to highest priority items per survey (we’ll have a link to this public data shortly) ⭐ Refine and Publish concrete methodology for Grant Review Committee process.
Will Corcoran
1
2
Implement a Chapter Operations funding policy based on community metrics per Chapter. ⭐ A public dashboard displaying specific goal-oriented metrics per Chapter ⭐ Bi-weekly updates in the dashboard from Chapter Leaders showing community metrics reached ⭐ Signed contracts between the Foundation and the Chapters agreeing to a payment structure and payment schedule, based on the delivery of work
Adam Haun
1
2
Properly track active Chapters activity and targeted Orbit metrics • Developed process to collect Orbit-related data from Chapter Leaders • Straightforward metric tracking reporting each month’s activity • Collected data is on track with the total goal of each Orbit layer per Chapter (Builders, Contributors, Participants, Explorers) • Provided Chapters with key messaging and assets to boost registration for global hackathons, workshops, clarity camps, and other Stacks ecosystem events • Developed process for Amplification team to collect and share Chapter activity on a regular cadence
Adam Haun
1
2
3
4
Improve onboarding experience for new community members Revision 10/14: Publish a report/proposal that: ⭐ Quantifies the current community onboarding experience using the Customer Effort Score (in terms of how long it takes a community member to make a contribution) ⭐Outlines decentralized solutions and next steps for improving onboarding, such as hiring an onboarding resident or funding DAOs to form “community care/support” teams
Jenny Mith
1
Complete a new cleaner Grants Onboarding process ⭐ Create a new DB to store private Grants information ⭐ Remove public PII ⭐ Create new Grants Onboarding page
Will Corcoran
 
(C) 90 → 105 Companies Built on Stacks (Published)
#
Orbit
Objectives, KRs
Lead
0
1
Ensure a clear path forward for entrepreneurs by supporting closing of new funding for the Stacks Accelerator
Mitchell Cuevas
1
Provide alternative (and ideally, cross-entity) funding routes for high-potential teams that would also create a potential return for the Stacks Foundation, increasing overall sustainability. Publish a funding policy that: ⭐ Explains, in detail, what we are looking for in teams that are seeking direct investment from the Foundation ⭐ Outlines a standard, streamlined process (i.e. should take no longer than 1 month) for teams pursuing direct investment ⭐ Lays out 3–5 standard investment options, i.e. convertible note for high risk teams, SAFE agreement for high potential teams, etc.
Jenny Mith
Onboard 30 new NFT projects (Mintery led) ⭐ Keep 1-2 major NFT related partnerships warm/progression, infra or marketplace
Mitchell Cuevas
0
Prepare for launch of a multi-chain bridge in Q1 2023 (likely Allbridge, OrbitBridge, Magic Bridge)
Louise Ivan
0
Launch Orbit Bridge Validator ⭐ Provide a public validator node for the Orbit cross-chain Bridge
Jesse Wiley
(D) 392 → 500 Stacks Developers (Published)
Title
Orbit
Objectives, KRs
Lead
Product / Tools / Protocol / Middleware
3
2
1
⭐ 100 developers complete Clarity skills assessment ⭐ Lay the groundwork for general Stacks Developer assessment
Kenny Rogers
1
2
3
4
50 community-posted questions with answers on Stack overflow
Kenny Rogers
3
2
1
4
3 ecosystem company tutorials published (Gamma on NFTs, ALEX on DeFi, Zest on BTC interaction?)
Kenny Rogers
3
2
1
0
Build strong, in-person developer base in NYC (tier 1 crypto city) Leverage EmpireDAO membership to network and put on a series of dev-focused events that yields: ⭐ At least 2 hired blockchain developers resulting from activity with EmpireDao ⭐ 200 new participants
Jenny Mith
2
Equip the community to grow Stacks developer base by empowering them with reusable models for hackathons and tutorial-based education, delivered via a Stacks Hackathon Playbook ⭐ 25 viable hackathon projects created in Q4 ⭐ 100 chapter-led hackathon attendees in Q4
Shannon Voight
1
2
Utilize Chapters to further increase Clarity Camp output ⭐ Developed marketing guide for Chapters to recruit 50% of their developer goal per Chapter ⭐ Collected qualitative feedback by implementing surveys and user-interviews led by Chapter ⭐ Increased Clarity Camp graduates by 50% percent ⭐ 10 projects per camp created by Chapter developers ⭐ 1 job landed by a Chapter developer
Adam Haun
1
2
3
4
Refine developer onboarding funnel ⭐ Launch new documentation modeled after Cosmos ⭐ Launch stacks.co/start ⭐ Create 6 pieces of educational flywheel content (tutorial, workshop, video, twitter thread)
Kenny Rogers
1
2
3
Revive awesome-stacks repo and update with current tools and resources
Kenny Rogers
 
(E) Sustainable Treasury & Operational Efficiency to Reach Our Mission (Published)
Title
Orbit
Objectives, KRs
Lead
Sustainable Treasury & Operational Efficiency to Reach Our Mission
0
Explore and propose a Stacks membership model ⭐ Receive annual membership payment, figuring out different pricing/business models to help the Foundation become more financially sustainable ⭐ Model for reimbursements or crowdfunded financing of specific projects, .e.g Immunefi bug bounty ⭐ Outlining all the services that the Foundation offers (and can offer as part of its membership packages)
Nick Cooper
0
Finalize tax status and strategy ⭐ Plan A: 501c3 ⭐ Plan B: Other 501 status or offshore
Nick Cooper
0
Improve cross-entity collaboration, communication, and accountability and support the completion of key Working Group deliverables
Brittany Laughlin
0
Publish annual report ⭐ Complete rough draft of report by end of Q4 ⭐ Publish final report by end of Q1
Will Corcoran
0
Improve monthly and quarterly reporting efficiency by mapping data sources ⭐ Track and share source for accepted monthly metrics reporting by 10/31 ⭐ Map the 10/25 board deck to source where key metrics are sourced and how they are reported ⭐ Confirm length of time, methods and tools needed for finalizing metrics for monthly reporting ⭐ Establish bench strength for recurring reporting ie if one person is out, who is the back up to pull and report on various metrics
Martha Young
0
Create a remarkable Stacks Foundation onboarding experience. ⭐ Time box onboarding tasks within 30 days ⭐ Time box ramping and training for new hire during their second and third months ⭐ Scope and establish onboarding action items including tech stack by 11/11 ⭐ Launch Plan for first day, first week, 30, 60, 90 days by 11/15 ⭐ Establish touch points for new hire/manager through the 90 days with a committed end date and evaluation of the onboarding experience by 11/15 ⭐ Launch onboarding survey and results for onboarding experience by 12/02
Martha Young