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Feb 2025

How to answer this Technical interview question about Feature Prioritization for Mid-Level Web3 Product Manager?

How do you prioritize features for a Web3 product considering the unique challenges of blockchain technology?

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Web3 Product Manager

Technical

Asked at

Alchemy

Difficulty :

Medium

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Explanation

This question evaluates your ability to prioritize features while addressing the challenges unique to blockchain, such as scalability, gas fees, and security. Recruiters want to see how you balance user needs, technical feasibility, and decentralization principles. A strong answer will include prioritization frameworks and examples of handling trade-offs. Avoid neglecting blockchain-specific constraints or failing to tie prioritization to business goals.

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Answer Example

I use a prioritization framework like RICE (Reach, Impact, Confidence, Effort) tailored to blockchain-specific challenges. For example, when building a Web3 transaction platform, I prioritized features like low-gas-fee optimization and multi-chain support to address scalability and user cost concerns. I worked closely with developers to ensure technical feasibility and maintained transparency with stakeholders about trade-offs. This structured approach allowed us to deliver a high-impact MVP, reducing transaction costs by 20% while meeting user expectations.

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