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Operational Meeting Summary

Jul 12, 2025

Summary

  • The meeting featured an introduction by Alex Alamayo, who provided clarity on key operational topics for LSSC, including wallet management, team structure, and upgrade procedures.
  • Attendees received detailed instructions on correcting wallet addresses, building and managing teams, and maximizing earnings within the platform.
  • Key nuances about team development, upgrade pathways, and the importance of recruiting were shared, with emphasis on depth-first growth.
  • Several procedural questions were addressed, and Alex reinforced inclusivity and strategic sharing to expand network reach.

Action Items

  • No fixed-date action items were mentioned in the transcript.

Wallet Address Management

  • If a wrong wallet address is bound during signup, contact Francois (either LTEC-Francois for Lightning Exchange matters or the regular Francois account) to have the wallet reset.
  • After reset, users can bind the correct address by copying it from their intended receiving wallet (e.g., Coinbase, ensuring the correct network such as USDC Polygon).
  • Detailed step-by-step instructions were provided for binding a new wallet address within the LSSC platform.

Team Structure and Management

  • The person who signs up a new member is their manager, termed a "captain" until they have five team members, after which they become an L1 manager.
  • LSSC incentivizes team growth—managers receive increasing payments as their team grows and as their direct reports build teams under them.
  • Emphasis was placed on growing teams deep instead of wide for faster progress to higher management levels.
  • Managers should support team members in achieving management status, as their advancement contributes to the manager’s own progression.

Earnings, Withdrawals, and Upgrade Process

  • Members earn from scooter revenue; LSSC retains a 20% fee on withdrawals.
  • To maximize progression and minimize fees, members are advised to retain earnings in the platform until ready to upgrade their level (e.g., from A1 to A2), thus avoiding extra withdrawal charges.
  • The cost to upgrade to A2 is the difference between initial joining fees; withdrawals before upgrade incur a 20% deduction.
  • Upgrading from A2 to A3 requires reaching at least management level three and pre-approval from Francois.
  • Members at any level may invite others to join at any level; there is no restriction.

Sharing and Inclusivity Strategy

  • LSSC is open to all; members should cast a wide net and share opportunities beyond specific communities.
  • Presenting the business to large groups increases the likelihood of successful recruitment and business growth.

Decisions

  • No new formal decisions recorded — Meeting focused on providing operational guidance and addressing procedural questions.

Open Questions / Follow-Ups

  • No open questions or unresolved issues were identified in the transcript.