$1.98 4.04%
EOS · 8w

How I built Trybe for less than $10,000 (Part 1)

A few months ago I embarked on the journey of trying to build a new social network.

As crazy as this idea is, given the sheer complexity of the project, the fact that the competition in this space is huge, and that I have very little in the way of funding apart from my own savings, it was born of a deep frustration with the existing options.

Luckily, I have a fair amount of experience in bootstrapping new businesses, so I was willing to give it a try!

If you’ve read any modern startup books, particularly The Lean Startup by Eric Ries, you’ll probably be familiar with the concept of an MVP. Here’s a definition taken from this article here:

The minimum viable product (MVP) is the one that allows us to launch the product with the least amount of features possible so that we can learn and extract relevant information from this trial period and user interaction through a series of metrics and then act based on that data.

And here’s a very famous image to describe it:

Or here’s another useful illustration:

The idea of the lean startup cycle is BUILD-MEASURE-LEARN. And then re-iterate.

So, how to build an MVP for a social network?

Well, to begin with, I realized I needed to narrow my focus. I couldn’t just try to produce a social network that everyone in the world would use.

I needed to find a deep, narrow well!

What does this mean?

It means instead of finding a large market with a small problem, find a small market with a large (deep) problem. This way, I could focus in tightly and not spread my resources too thinly. Solve one small problem, and then broaden my focus as I grew. With limited budget and limited resources, this was essential.

Seeing as I’m a cryptocurrency and blockchain afficionado, I decided to focus my initial platform on that community. At the moment they’re spread out across a range of different social media platforms, none of which really suits their needs. Continue on trybe.one

Recent news
EOS +4.04% · trybe.one · 2h

My Crypto Passive Income Portfolio

I would like to share to the Trybe community my crypto passive income portfolio that I have started building since the bear market of 2018. This is not an investment advice, but rather one of my strat...
EOS +4.04% · trybe.one · 3h

Telos recommended Wallets: Sqrl, Scatter

Telos recommended Wallets: Sqrl, Scatter If you look at Telos Foundation web site for downloads https://telosfoundation.io/downloads you will know that Telos Foundation supports and recommends these t...
EOS +4.04% · eosjacks.com · 4h

#EOSJacks team offered its users another option for obtaining tokens. To do this, you need to fulfill the conditions of the campaign and be active. The project actively interacts with users, which is extremely important! #EOS #Altcoins #JKR

EOSJacks, DICE, AUCTION, JACKPOT. Roll to Mine, Mine to Rule. The Innovative Decentralized Gaming Platform, an Autonomous Ecosystem and Community. 骰子,拍卖,奖池。 挖矿自治。創新的分佈式遊戲平台,EOS首個自治生態系統和社區。
EOS +4.04% · medium.com · 7h

Comparing the ETH and EOS SF hackathons

I recently attended the official EOS hackathon in San Francisco. Since I also attended (and became a finalist at) the official ETH hackathon here last month, I thought I’d share my notes on how the…
EOS +4.04% · trybe.one · 16h

Get A Dividend Payouts Everyday with EOS Poker!

I'm sure being a member of the Trybe community, you're aware of the benefits EOS Holders receive! Free token airdrops, dividend payouts and staking bonuses are just the start! Today i'm going to detai...
EOS +4.04% · medium.com · 17h

The Future is Here, Just Not in Payments?

As I was watching the live broadcast of the Falcon Heavy launch last week, I was hit by a certain revelation. Here we are, living in the future, with the most powerful rocket in the human history…