Feb 2020 Update

This article was first published on Stories by Aion on Medium

As a follow up to the Feb 2020 Monthly Update Video below are some additional details on our two priorities:

The year has been off to a tremendous start for The OAN. Over the past two months we’ve continued to progress quickly and we’ve achieved multiple milestones towards our two key focuses for 2020; launching a consumer application that solves a vital platform problem and increasing the global awareness of Aion.

1) Building a Consumer-Facing App

At the current state of maturity in the blockchain ecosystem, we need to directly own our relationship with end users in order to achieve product-market fit. If we rely solely on third parties, we cannot develop empathy for our audience and establish rich feedback loops. As such, we are scaling our product teams to develop a consumer-facing application, leveraging The OAN tech stack. This focus enables us to control our adoption strategy and showcase how The OAN can solve real problems within platform economies.

After months of product discovery, we’ve identified significant gaps in the accessibility and affordability of basic products and services for gig-workers. In the U.S, over 35% of the workforce participated in the gig-economy in 2019. Despite the massive growth of gig-workers and the platforms they operate on, basic services such as insurance, pensions, and credit remain difficult to access, unaffordable or ineffective. If the pace of this growth continues by 2027, 50% of the U.S workforce will be participating in gig-work. We believe that new bottom-up solutions focused on the individual can increase the financial mobility, security and well-being of this rising workforce.

You can read more about the gig-economy and our thoughts below:

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Stories by Aion on Medium

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