Um... yep. This is likely to be a giant overhang on the price of HIVE for years to come. There is very little incentive to have your proposal actually produce any value for HIVE. You just convince a handful of certain whales that your project could provide value and bam, funded. You just keep doing that over and over and you could make a heck of a living as a developer even though you never actually created anything that actually brought value to HIVE, go figure... sounds like a broken model to me. A broken model that is getting tons more money thrown at it, what could go wrong?
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