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the minimum viable product (MVP) is a product with just enough features to gather validated learning about the product and its continued development.
The MVP purpose is to to establish a builders abilities in crafting the product required
A Minimum Viable Product falls in between a Proof of Concept and full fledge Product.
What it should do?
It needs to address the basic customer pain points the Product looks to address. It can introduce the back-bone To-Be Business Processes. It needs to be usable by at least one target user persona.
What you should not do?
You should not get carried away against the objective of an MVP - that is, to provide a minimalistic experience of the Product to target users and gather feedback to improve the MVP into a user friendly and marketable product.