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# System prepended metadata

title: VeramoLabs Path Forward

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### Background:

We've built a very powerful and widely used modular framework for DIDs, VCreds, and decentralized communication protocols and released it as a public good.

Now we're spinning out from Consensys Mesh, with a goal to raise funding for 18 months of runway by June 15th.

### Mission:

To enable and discover the composable, interoperable, self-certifying web. To bring *agency* to the web.

### How we get there:

We will build agents that allow any entity (person, organization, DAO) to interface with the litany of protocols that make up web3. An agent can run anywhere (in a web app, a mobile app, in a browser extension, on an embedded device, in the cloud, etc) and provides full identity control, self-certifying data management and e2ee messaging.

We're betting big on a set of primitives that we believe are the foundation of web3 agents:
- DIDs
- Verifiable Credentials & Attestations
- DIDComm

Web3 brings us past the client-server paradigm that runs the web today to a new model of agent-to-agent communication. Self-certification means that end-users have the same fundamental capabilities as large organizations, online services, or autonomous software. The agent abstraction enables this, and we will be the first to put this together in an effective way.

Agents are modular, constantly evolving through permissionless composability with web3 protocols via plugins.

#### 2 Potential Product Strategies:

1. Build a specific agent-powered application that meets an (assumed) end-user need. 
   
   examples:
	1. Composable Productivity App
	2. Connected Software Documentation 
	3. Collaborative knowledge building
	4. Community management
	5. Reputation dashboard
	   
	   
2. Focus entirely on building agents and an open platform for agents and agent plugins. Work with partners to develop agent integrations with a sufficiently large set of composable protocols to bootstrap the platform and demonstrate the multiplicative effect of this type of composability. 
   
   potential launch integrations:
	   1. Index Network
	   2. Intuition
	   3. Sobol
	   4. interested.fyi
	   5. Noosphere
	   6. Gitcoin Passport
	   7. Verax
	   8. Orbis*
	   9. Farcaster*
   
#### Monetization

All agents and plugins we provide are open source and permissively licensed. But there are 3 primary monetization opportunities enabled by a successful platform or application:

1. Provide an agent-as-a-service for users or organizations that need certain "always-online" or high throughput capabilities, don't want to deal with their own deployments and bugfixes, with tiered pricing based on org size / seats etc etc etc
2. Operate a service (e.g. storage service, DIDComm mediator) and charge by usage (usually paid by organizations on behalf of their users)
3. Develop a plugin/service marketplace and either collect fees from plugin/service OR requiring staking (TCR) to build plugin/service reputation and ensure quality and safety of plugins made available by "the official end-user agent"

### Problem:

We're confident in our vision for the future of the web, but as a team of almost exclusively engineers, we are finding it difficult to properly convey this vision and validate a potential business strategy.

To be specific, our fully functional prototype doesn't have the compelling UX necessary to demonstrate the potential of our vision. And, we're not sure how to prioritize business development (initial target market) to ensure the short term success required (fundraising) to give us a chance at achieving the vision.