PYLON Community AMA Summary

This is a summary of the PYLON AMA session that took place on Wednesday 9th April 2020.

This was the first ever AMA organized by the Pylon team in live video, where also the participants had the chance to present themselves in full and engage directly.

The team offered a thorough background information on various aspects of the project, starting from the journey of Pylon Network until here.

The conversation covered several aspects of the project:

  • our past and future: the mistakes of our past, what we learnt and the future path of collective self-consumption
  • the insights we have collected from the energy market: how the technology on itself (no matter how advanced it is, or how revolutionary) is not as important as the market fit or the timing of launching something in the market;
  • how they have shaped our current strategy and market focus; the deployment and development of our technology (in real environment) within the section of collective self-consumption;
  • the services and tools that Pylon team has been developing (with a live demonstration).
  • the expansion of the team and its strategic additions
  • and last but not least, the tokenomics of the project — where we announced that we the characteristics of the new PYLNT model will be communicated next week.

The session closed with the Pylon team answering several questions and listening to numerous proposals from the participants (mostly on matters of communication, community engagement and tokenomics).

It was incredible to see the faces and hear the voices of people that we have been interacting — almost — daily for the past two+ years!

We hope that the people that participated enjoyed the session and that it was a good opportunity for them to get a better understanding of the project, its evolution and the team’s vision and efforts.

What we know for sure is that we enjoyed it more than expected and it was a great pleasure to have the chance of interacting directly with the members of our valued community.

Thank you to everyone who participated!

Below is an outline of the AMA session, a summary of the outcomes and the next steps that will be taken in relation to these outcomes.

AMA SESSION OUTLINE

  1. Short introduction by Pylon team and AMA participants
  2. Experience from our journey
  3. Market Implementation & Traction
  4. Team Expansion and latest additions
  5. Pylon tech and services: an overview and live demonstration
  6. Token model and outcomes from community questionnaire.
  7. Open session: Q&A, suggestions from community
  8. Conclusions

AMA SESSION CONCLUSIONS

  1. We have validated the interest and need of the community to adopt the token model. We have established and initially validated two models: on one hand, a digital representation of an (physical) asset and on the other hand, representing the right to a % of the company profits.
  2. The most important is the market traction and identifying the suitable use case for the technology, more than the tech itself.
  3. It is important to launch the MainNet before starting the pilots in a real environment.
  4. Improve the team updates every month (or two weeks), focusing on new developments of the team, related both to the business and the technology.

NEXT STEPS

  1. An updated token model for $PYLNT will be released next week, aiming at more clearly and better reflecting the traction of the team and project in the energy sector.
  2. Take steps to improve the communication with the community and make interactions more direct. Ask the opinion/feedback of the community.
  3. Focus on the demonstration of the technology, starting with the launch of the MainNet.
  4. Provide more clarity on the company’s market traction, tools & services
  5. Further evaluate the proposals and the doubts discussed during the session.

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Pylon Network is a neutral energy database by-design. Our aim: to instigate cooperation in the digitalized energy sector - #Blockchain #EnergyWise $PYLNT $PYLNC