Seriously? I knew we were basically bankrolling some folks with less than stellar oversight, but I had no idea of the actual sums going to these people ...
Is there any evidence at all that we are getting some sort of return on these activities?
Where should I go to see the value these projects bring to the Hive community and ecosystem.
(Before someone says something silly like brand awareness of sponsoring a rally car, fuck off with that nonsense unless you can measure it in concrete and validated numbers rather than feels)
See the chart for yourself here
https://hiveanalytics.usehive.com/valueplan-spending
I have to say, calling it the "Value Plan" is genius in an evil way. It's so patronisingly dishonest, only matched by the worst spin doctors of history.
"Don't worry your tiny little brain, the adults are 'creating value' for the whole Hive family!!1" [wicked sniggering continues]
Added:
Been thinking a lot about the waste and fraud here and it is boggling my mind.
We should spend a small % of the money going to these projects to audit the books. Get a trustworthy accountant and pay them to see where the money is going, how it is spent, and what we get in value.
I expect it would have a much higher ROI
Can't disagree much here, had a talk about this with someone the other day, as comparison we've onboarded over 4000 real users in 4 years for maybe max $10k in rewards to onboarders, with over 15% still active to this day.
We need users, not brand awareness, that's for the giants competing against each other where millions of $ are nothing to them and not stifling everything being built here relying on the price of Hive.
The only things that matter as far as brand in crypto are "line go up", next is trust, with third place being technology which we have in bucketloads.
That money invested properly would mean we would be in more exchanges, have more people using the thing, and that would lead to positive word of mouth.
I've been in marketing for decades and the only bigger waste of money I have seen in that time is a UK brewery hiring the inside of a nightclub in LA for the "light", and spending more than the entire web budget on a crappy prosthetic mask that was onscreen in total 4 minutes.
reference: https://peakd.com/hive-174578/@acidyo/a-look-at-ocds-onboarding-program
Unfortunately the incentives are so much higher for scamming/milking/defrauding Hive than helping it with projects such as yours.
It is the usual problem of opensource or community work, we can't choose it over my mortgage and paying the bills, and without the right connections you can't get even a tiny drop from the firehose of cash that these "promotional" projects get.
But hey someone out there gets some free cardio so the benefits will arrive any day now! Annnnyyyyy dayyyyy ....
Dunno, I think I'd be able to get some initiatives I've been running funded, I'm just unsure how they'd scale and if it'd be worth it for the ecosystem. I'm also a bit weirded out by the dhf and the way some treat and how they expect funding from it. It just feels like I'd wanna try without it as much as I can.
I would be happy and willing to help any worthy projects with programming, content, project/product management, or marketing but right now I have more month than money so I couldn't do a lot of heavy lifting. That's why funding is so important, otherwise you only get the fun or easy stuff done.
This and the DHF which feeds into it is ridiculously out of control.
The biggest scam running is valueplan. I honestly feel a lot of the funds going out are going to the pockets of the whales and not the "projects" as stated. Just siphoning off the funds to keep Hive at the paltry $.20 it languishes at. Sounds like the PERFECT way to make Hive better........
decentralization is mean to distribute democracy in a way but it seems to have only further exposed corruption due to pareto principle
Check @blanchy s posts as he tries to follow the money!
4 active users so 100k to onboard 4 users . But 2 of them are the drivers . 👀👀 . https://ecency.com/hive/@blanchy/valueplan-1st-half-payouts-2025-part-i-make-a-wish-foundation
My biggest take away, why are you not using dark mode?
😂
Are you that mentally ill that you can't see what you are doing is wrong https://hive.blog/hive-115325/@oldsoulnewb/re-kgakakillerg-t2sbuq
It doesn't matter how many weirdos you have in your corner
You have lost already 😂😂😂😂😂😂🤣🤣🤣🤣
No one cares about you they are just scared of you downvoting 😂😂😂😂😂
But hey downvoting means nothing in the real world 🌎🌍🌍🌍🌍🌍🙏🏾
You should get outside more it might make you feel better
This is old news it already been exposed a long time ago https://hive.blog/hive-115325/@oldsoulnewb/re-kgakakillerg-t2sbuq we need to sort out your downvoting friend's
My original content is being downvoted for no reason
It seems like a racist attack as many others like me are also being downvoted
I think you need to do a post about the bad downvoters on Hive 😂
It might get downvoted 😂😂😂