The big problem for me about the boreholes is that there doesn't seem to be a plan to demonstrate to the world how they bring value to Hive. I think this is a great example of how blockchains can do something that governments won't or can't and of self-governance. However, we're not seeing that reflected in how the project is reported or promoted.
I'd welcome a breakdown of the budget and actual spend. The first boreholes may have been easy wins, the later ones may have had more complex challenges. Globally, we've seen an increase in the cost of materials. You have a valid point about maintenance: what is the plan and what does it cost?
In terms of people joining Hive: I wouldn't worry about that too much if there was a plan to promote the boreholes more generally: a kind of "look what it is possible to do, think how we could build new economies" approach, and there was a costed plan in place for, say, five years, together with an exit plan.
I actually think we should stop griping about this project and look at how it would need to be to add value to Hive, which, for me, is mainly about having some focused audience-building activity running alongside it.
This is pretty much the problem of most of the things that are funded. Sure in the past they seemed like good demonstrations of what the chain could do, but years later all we're doing is charity work at the expense of the chain itself.
At this point we should be cutting all the failing projects that aren't actually seeing any results for Hive and completely change the way we pursue advertising ourselves to the world.
Like you mentioned: an exit plan. There wasn't one. The starting plan was the foundations of it: do something charitable > get picked up in the media (hopefully) > ???
Same thing as that fucking rally car. Now we're just funding someone's little rally career with no real plan. Again, the plan being to just have hopefully been picked up in the media at the very start. This isn't marketing, this is foolishness.
What proposals do you have?
A few years ago I probably would've put in the effort to answer something like this, but there's not really much point as it would just be a waste of my time, and yours to read it. Nothing would change or improve.
But I will say that having exit strategies on these things would make things better. An actual goal. Something to achieve where once that mark is hit, we aren't just sitting around throwing funds at something that genuinely offers nothing to the chain almost a decade later.
For example the rally thing would've made sense for a season. A quick test to see if it did pick up media attention and then dropping it once things fade off into irrelevancy. Diversified efforts into brief marketing attempts are better than longer ones in things people pay zero interest to.
I understand. I'm reluctant to throw the baby out with the bathwater, though. If the community would like better planning, reporting and marketing plan, then let's ask for that.
I can't help but feel that people have been asking forever. I've seen countless requests for cuts, changes, or even just simple reporting on the funds being used. Some of these ideas were fine at the start, but yeah, where's the end? Why are we still funding such things when it goes nowhere? Unless certain groups funding certain groups is the play here and they're getting cozy from it.
Valid points @shanibeer . Thanks for giving your opinion.
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