Milestone System¶
The Building Blocks of Progress¶
Milestones are the fundamental units of progress in Studio3. They represent specific, measurable commitments that ventures make to their community, creating accountability and enabling support through belief signals.
What Are Milestones?¶
Definition¶
🎯 Milestone Essentials
A milestone is a public commitment to achieve a specific outcome by a defined deadline.
Key Components:
- Specific Goal : Clear, unambiguous objective
- Success Criteria : Measurable completion requirements
- Timeline : Fixed deadline for achievement
- Evidence Requirements : Proof needed for validation
- Token Value : Amount at stake for signals
Milestone Lifecycle¶
stateDiagram-v2
[*] --> Drafted
Drafted --> Declared
Declared --> SignalOpen
SignalOpen --> InProgress
InProgress --> Submitted
Submitted --> UnderReview
UnderReview --> Validated
UnderReview --> Disputed
Disputed --> Validated
Disputed --> Failed
Validated --> [*]
Failed --> [*] Milestone Types¶
By Category¶
🛠️ Technical
Code, features, infrastructure
- MVP launch
- Feature release
- Performance improvement
- Security audit
📈 Growth
Users, revenue, market share
- User acquisition
- Revenue targets
- Market expansion
- Partnership deals
🤝 Operational
Team, processes, governance
- Team hiring
- Process implementation
- DAO governance
- Legal compliance
💰 Financial
Funding, tokenomics, sustainability
- Fundraising rounds
- Token launches
- Profitability targets
- Treasury management
By Phase¶
| Phase | Typical Milestones | Average Count |
|---|---|---|
| Spark | Concept validation, team formation | 2-3 |
| Forge | Pitch preparation, vision articulation | 1-2 |
| Ignition | MVP development, DAO setup | 4-6 |
| Drift | PMF iterations, user feedback | 8-12 |
| Orbit | Growth metrics, operational efficiency | 10-15 |
| Flare | Scaling targets, funding rounds | 8-10 |
| Ascension | Buyback preparation, handover | 3-4 |
Creating Effective Milestones¶
SMART Framework¶
SMART Milestones
- S pecific: Clear and unambiguous -M**easurable: Quantifiable success criteria** -A chievable: Realistic given resources -R**elevant: Aligned with venture goals** -T**ime-bound: Fixed deadline**### Good vs Bad Milestones
✅ Good Milestone
"Launch MVP with 3 core features by March 15"
- Specific features defined
- Clear deliverable (MVP)
- Fixed deadline
- Measurable outcome
❌ Bad Milestone
"Make significant progress on product"
- Vague objective
- No success criteria
- Missing deadline
- Unmeasurable
Milestone Declaration¶
The Declaration Process¶
flowchart TD
A[Draft Milestone] --> B{Internal Review}
B -->|Pass| C[Set Token Value]
B -->|Fail| A
C --> D[Choose Timeline]
D --> E[Define Evidence]
E --> F[Submit to Arena]
F --> G[Community Review]
G -->|Approved| H[Open for Signals]
G -->|Rejected| A Declaration Requirements¶
📝 Declaration Checklist
Required Elements:
- [ ] Clear objective statement
- [ ] Success criteria (3-5 points)
- [ ] Evidence requirements
- [ ] Realistic timeline
- [ ] Token value (min 1,000 $SIGNAL)
- [ ] Risk assessment
- [ ] Dependencies identified
Optional Enhancements:
- [ ] Stretch goals
- [ ] Partial success criteria
- [ ] Progress checkpoints
- [ ] Contingency plans
Milestone Valuation¶
Setting Token Values¶
Valuation Factors
Token values should reflect:
- Difficulty: Technical or operational complexity
- Impact: Importance to venture success
- Risk: Probability of failure
- Timeline: Urgency and duration
- Dependencies: External factors### Valuation Guidelines
| Milestone Type | Typical Range | Factors |
|---|---|---|
| Minor Feature | 1K - 10K | Low complexity, quick delivery |
| Major Feature | 10K - 50K | High complexity, critical path |
| Growth Target | 20K - 100K | Market dependent, measurable |
| Funding Round | 50K - 500K | High impact, binary outcome |
| Phase Transition | 100K - 1M | Comprehensive requirements |
Evidence Requirements¶
Types of Evidence¶
📊 Quantitative
- Analytics dashboards
- Financial statements
- User metrics
- Performance benchmarks
📷 Demonstrative
- Live demos
- Video walkthroughs
- Public URLs
- GitHub commits
📄 Documentary
- Contracts signed
- Audit reports
- Press coverage
- User testimonials
✅ Verificative
- Third-party confirmation
- On-chain transactions
- API endpoints
- Public registrations
Evidence Standards¶
Evidence Must Be
- Authentic: Not fabricated or manipulated
- Relevant: Directly proves milestone completion
- Sufficient: Comprehensive enough for validation
- Timely: Generated within milestone period
- Accessible: Validators can verify independently## Milestone Execution
Best Practices¶
🏆 Execution Excellence
During Development:
1. Daily Updates: Keep community informed
2. Progress Tracking
: Show incremental advancement
3. Challenge Transparency
: Share obstacles openly
4. Resource Management
: Allocate wisely
5. Time Buffering
: Plan for unexpected delays
- Communication Guidelines:
- Post updates at consistent times
- Use visual progress indicators
- Respond to community questions
- Acknowledge concerns promptly
- Celebrate small wins
Common Pitfalls¶
| Pitfall | Impact | Prevention |
|---|---|---|
| Scope Creep | Missed deadlines | Strict feature freeze |
| Poor Planning | Resource shortage | Detailed breakdown |
| Over-promising | Failed delivery | Conservative estimates |
| Under-communicating | Lost confidence | Daily updates |
| Ignoring Feedback | Wrong direction | Active engagement |
Validation Process¶
How Validation Works¶
sequenceDiagram
participant F as Founder
participant S as System
participant A as Anchors
participant C as Community
F->>S: Submit Evidence
S->>A: Notify Validators
A->>S: Review Evidence
A->>C: Request Additional Info
C->>A: Provide Context
A->>S: Submit Scores
S->>S: Calculate Result
S->>F: Notify Outcome Validation Criteria¶
Anchors Evaluate
-
Completeness: All requirements met?
-
Quality: Meets professional standards?
-
Timeliness: Delivered on schedule?
-
Evidence: Properly documented?
-
Impact: Achieves intended outcome?
| Outcome | Result | Token Impact |
|---|---|---|
| Full Success | 100% complete | Believers rewarded 1.5-3x |
| Partial Success | 70-99% complete | Reduced multipliers |
| Extension Granted | More time given | Signals locked |
| Failed | <70% complete | All signals burned |
| Disputed | Contested result | Re-validation required |
Milestone Strategies¶
For Founders¶
🎯 Strategic Planning
- Chain dependent milestones
- Balance risk across portfolio
- Front-load critical paths
- Build credibility gradually
📢 Community Building
- Involve supporters early
- Create anticipation
- Share behind-scenes
- Celebrate together
For Echoes¶
🔍 Analysis Framework
- Assess founder track record
- Evaluate technical feasibility
- Consider market conditions
- Check resource availability
📊 Risk Management
- Diversify across ventures
- Size stakes appropriately
- Monitor progress actively
- Learn from patterns
Advanced Concepts¶
Milestone Dependencies¶
graph TD
A[Core Infrastructure] --> B[Feature Development]
A --> C[Team Hiring]
B --> D[User Testing]
C --> D
D --> E[Public Launch]
E --> F[Growth Campaign] Conditional Milestones¶
Coming Soon: Conditional Logic
Future milestones will support:
- IF-THEN statements
-
AND/OR
-
requirements Prerequisite
- chains Fallback
- options Bonus
- objectives
Tracking Performance¶
Milestone Success Metrics Overview:
• Completion Rate: 75% of milestones are successfully completed
• Average Duration: Milestones typically take 21 days to complete
• Signal Accuracy: 68% of community predictions are correct
• Extension Rate: 15% of milestones request timeline extensions
• Dispute Rate: Only 5% of milestone results are contested
Improvement Areas¶
| Metric | Target | Current | Action |
|---|---|---|---|
| Success Rate | 80% | 75% | Better planning tools |
| Signal Participation | 70% | 62% | Increase awareness |
| Validation Time | 24hr | 36hr | More Anchors needed |
| Evidence Quality | 95% | 89% | Clearer guidelines |
Common Questions¶
Milestone FAQ¶
Q: Can I modify a milestone after declaration? A: No, declared milestones are immutable. Plan carefully. Q: What happens if I get sick during execution? A: Apply for extension with medical evidence. Community decides. Q: Can I declare multiple milestones simultaneously? A: Yes, but ensure you have resources for parallel execution. Q: How do partial completions work? A: Anchors score 0-100%. 70%+ may receive partial rewards. Q: Can milestones be cancelled? A: Only in extreme circumstances with Anchor approval.
Your Milestone Journey¶
Getting Started¶
- Study Examples
- Learn from successful milestones
- Start Small
- Build confidence with achievable goals
- Engage Early
- Discuss plans with community
- Document Everything
- Evidence collection from day one
- Deliver Consistently
-
Build reputation over time
-
Review Progression Rules for phase requirements
-
Explore Signal Mechanics for supporter perspective
- Learn Validation Framework
- Study Milestone Planning guide