CodeMonk

We have now got another 1K members signing up on the platform.

The first 1K took about 12 months, the second 1K took about 5 months, and the third 1K took about 3 months

Our velocity is increasing.

Our discord server is now established and we engaging more over there.

Sign-up to our Discord server here https://discord.com/invite/m4e6BbB9ZA

We are now working to convert our platform as a Decentralised Organisation and are establishing our community of like minded tech professionals who would want to join our journey.

Sign-up to our Discord server here https://discord.com/invite/m4e6BbB9ZA

We have recently redesigned all our dashboards for both the employers and talent. We are now hitting £125K MRR and projected to exceed £1M ARR for our current FY.

If you havent done so, please sign-up to www.codemonk.ai/talent and explore all new opportunities.

We have now got another 1K members signing up on the platform.

The first 1K took about 12 months, whilst the second 1K took about 5 months.

This demonstrate the growing velocity of our talent acquisition and increasing brand awareness amongst our target tech community

We have now got our first major milestones to get 1K members, with about 18% active and 2% allocation on the platform.

Our next milestone would be to get 2K members with 20% activation ratio and 5% allocation.

We want allocation to be in single digit to make the platform competitive for our clients to have quality talents working for them.

Within 2 months of launch, we have now exceeded monthly recurring revenues of £50K. This has come because of us signing up a Series A funded start-up to build their full product team with us. This also enabled us to prove our Dedicated Team model of customer engagement

We also started reaching out to potential new customers. Demoed the platform to a few and managed to get our first customer to sign-up. It wasn't a big contract, but was enough to test the customer's willingness to pay. Simple freelance project based engagement

After 3 months of the product development, we launched the initial product. It wasnt a complete MVP, but was enough for us to reach out to a few early users (talent) for them to sign-up and gather feedback. This allowed us to further improve the MVP and reprioritise the feature backlog

Researched a few competitors in the market and found that none actually met my requirements. So I started putting my thoughts in defining the MVP and defined the key user journeys. Also started designing the landing pages to launch the public website.