Requirements¶

What You Need to Become a Sender¶

📋 The Complete Checklist¶

Before entering the Arena as a Sender, ensure you meet all requirements. This isn't just about having an idea - it's about being prepared for the intense journey of public venture building.

Financial Requirements¶

Token Holdings¶

💰 Minimum Stakes¶

Phase-Based Requirements:

Spark Entry: 100 $SIGNAL (recommended 500+)
Forge Competition: 1,000 $SIGNAL minimum
Ignition Launch: 5,000 $SIGNAL reserve
Operations Buffer: 10,000 $SIGNAL recommended Why You Need Tokens:
Demonstrate skin in the game
Pay for platform operations
Emergency milestone coverage
Team incentive pool
Community rewards

Additional Costs¶

💵 Budget Considerations¶

Budget Breakdown:

Expense	Estimated Cost
Spark NFT Minting	0.1-0.5 ETH
Gas Fees (Monthly)	0.5-2 ETH
Container DAO Setup	1-2 ETH
Legal Structure	$1,000-5,000
Operating Expenses	$2,000-10,000/month

Technical Requirements¶

Core Competencies¶

🛠️ Essential Skills¶

Must Have:

Basic Web3 knowledge
Wallet management skills
Smart contract interaction
Version control (Git)
Public communication Highly Recommended:
Previous startup experience
Technical development skills
Community management
Financial planning
Project management

Platform Proficiency¶

🎮 You Should Understand¶

Arena Mechanics
How signals work
Milestone validation
Phase progression
Reputation system
NFT System
Spark creation process
Signal NFT dynamics
Halo requirements
Genesis wallet
DAO Operations
Multisig management
Governance proposals
Token distributions
Treasury management

Time Commitment¶

Realistic Expectations¶

⏰ Time Investment¶

Minimum Daily Commitment:

Spark Phase: 2-4 hours
Forge Phase: 4-6 hours
Ignition+: 8-10 hours (full-time) Weekly Breakdown:
Development: 30-40 hours
Community: 10-15 hours
Planning: 5-10 hours
Admin: 5 hours

Phase Duration¶

📅 Typical Timeline¶

Spark: 1-4 weeks
Forge: 1-2 weeks
Ignition: 2-3 months
Drift: 3-6 months
Orbit: 6-12 months
Flare: 6-12 months
Ascension: 3-6 months Total Journey: 18-36 months average

Team Requirements¶

Building Your Squad¶

👥 Ideal Team Composition¶

Minimum Viable Team (MVT):

Founder/CEO (You)
Vision & strategy
Community face
Milestone planning
Technical Lead
Product development
Architecture decisions
Technical milestones
Community Manager
Daily engagement
Support coordination
Content creation

Scaling Team (Post-Ignition):

Operations Manager
Business Development
Marketing Lead
Additional Developers
Anchor Liaison

Recruitment Strategies¶

🎯 Finding Your Team¶

Where to Find Team Members:

Studio3 talent pool
Previous Echoes/supporters
Web3 communities
Traditional networks
Freelance platforms Incentive Structures:
Token allocations (5-15%)
Milestone bonuses
Revenue sharing
Reputation rewards
Future equity options

Personal Requirements¶

Psychological Readiness¶

🧠 Mental Preparation¶

Essential Traits:

Resilience: Handle public criticism
Transparency: Share failures openly
Adaptability: Pivot based on feedback
Persistence: Push through challenges
Humility: Learn from everyone Red Flags:
Need for privacy
Perfectionism
Ego sensitivity
Conflict avoidance
Quick-rich mentality

Lifestyle Compatibility¶

✅ Consider Your Situation¶

Self-Assessment Checklist:

Idea Requirements¶

Venture Criteria¶

💡 What Makes a Good Idea¶

Must Have:

Clear problem definition
Identifiable target market
Feasible solution approach
Scalability potential
Web3 integration logic Should Have:
Unique value proposition
Defensible positioning
Network effects
Community benefits
Exit potential

IP Requirements¶

🔗 For Spark Creation¶

Access to 2-5 IP-NFTs
Clear synthesis logic
Non-infringing combination
Value-add explanation
Novel application

Legal Requirements¶

Compliance Checklist¶

⚖️ Legal Preparedness¶

Essential Documentation:

Business entity formation
Founder agreements
IP assignments
Privacy policy
Terms of service Regulatory Awareness:
Securities law compliance
Tax obligations
Data protection (GDPR)
Jurisdiction requirements
Token classification

Risk Mitigation¶

🛡️ Protect Yourself¶

Legal counsel access
Liability insurance
Proper disclosures
Compliance procedures
Dispute resolution plans

Platform Requirements¶

Account Setup¶

🔧 Technical Setup¶

Before Starting:

Wallet Configuration
Hardware wallet recommended
Backup seed phrases
Multiple addresses
Proper security
Platform Access
Verified account
KYC completion
Email verification
2FA enabled
Social Presence
Twitter account
Discord access
LinkedIn profile
GitHub account

Pre-Launch Checklist¶

Final Preparation¶

Common Disqualifiers¶

What Prevents Success¶

⚠️ Avoid These Situations¶

Insufficient Preparation
Rushing to launch
Incomplete planning
No team support
Inadequate funding
Wrong Motivations
Quick profit focus
Ego-driven decisions
Closed mindset
Scarcity thinking
Poor Timing
Major life transitions
Financial instability
Health issues
Relationship problems

Success Indicators¶

Green Lights¶

✅ You're Ready When...¶

Strong Indicators:

Previous startup experience
Successful community building
Technical expertise
Financial stability
Strong network
Clear vision
Proven execution
High resilience Bonus Points:
Web3 native
Public figure
Domain expert
Serial builder
Community leader

Getting Help¶

Support Resources¶

🤝 Getting Help¶

Official Support:

Founder readiness assessment
Mentor matching program
Legal resource library
Financial planning tools
Team building workshops Community Support:
Founder support groups
Peer advisory boards
Skill exchanges
Resource sharing
Experience stories

Next Steps¶

Moving Forward¶

Complete self-assessment using this guide
Address any gaps in requirements
Join pre-founder communities
Study successful Sender journeys
Prepare your Spark concept

Ready to create your venture? Continue to Creating Your Spark

Critical Reminder

Meeting minimum requirements doesn't guarantee success. The most successful Senders exceed these requirements significantly and continue building their capabilities throughout the journey.

Preparation Tip

Spend at least 2-4 weeks in the community before launching. Watch other Senders, learn from their mistakes, and build relationships that will support your journey.