I am not also concerned about to spend money with marketing (conferences, publicity campaigns, events, etc) but I have some concerns related to a project that received more HBD than an apartment value with 4 bedrooms and 3 bathrooms in Caracas.
Do you think that is normal?
I am just being more participant on entire Hive ecosystem and see what projects are being develop in different areas. So, I don't know if this kind of thing it is normal or not.
I understand the impact to bring more people to our ecosystem that will make it attractive to merchants to accept direct Hive/HBD payments, as occurred with SLP in the Philippines during Axie Infinity FOMO.
Are you talking about @pettycash? It's in the hands of trusted keyholders and decision makers so I don't really see the point you're trying to make nor do I understand why you have to compare it to what you did. Doesn't matter if it's devs, marketing or whatever else is being funded, we strive for a general equality on the platform where it doesn't matter where you are from as long as you do what you say you're going to do when making a proposal or asking for funding for certain events. I curate the same way, although there it's more about activity, history and other factors rather than "just being about the content", but to give you an example, and by this I don't mean to imply that that's what you meant in your comment, but I don't go around checking what a country's average GDP is before I decide what vote to reward an author with. I'm also pretty sure that while some countries are in a deep hyperinflation it doesn't mean that the costs of things has gotten cheaper along with it.
No, I am not talking about @pettycash.
I am talking about @swc-oficial.
@hivefest received 54905 HBD to help with costs to organize our annual blockchain meetup.
@swc-oficial from 21st April until now received 43541.4 HBD, and we have two months until the end of year.
Do you think that is normal a work-out event receive almost the same founds as HiveFest?
I know that does not matter where we are from since first crypto premise is "not exist countries" and I agree that we shall not take in consideration if the user country it has hyperinflation, but I think we need to have some data related with this "investments" in marketing to have a transparent information (for example: how many people attended to the event/conference, what was the traffic on hive landing page, etc.). Otherwise, it is unclear trying to understand whether these campaigns bear fruit for our blockchain.
Yeah that's not something I know of unfortunately, I do agree though that it'd be nice with some transparency, for all proposals to be honest. Everyone's real nice when they write what they plan on doing with the funds but they quickly go quite when it's time to show what they actually did with them.
The same way, we have projects to check post plagiarism and abuse content we shall be like an audit team to this and be responsible to check if everything is being done like planned and the funds are being well-used by the projects.
This team shall be consisting of elements that are not directly related to any project submitted or even involved in the approval of projects.
That would be impossible. One, the budgets and timelines for all the projects are extremely intensive. To budgets are not just rough numbers, they are submitted and scrutinized line by line. Some times there last minute changes, such as when inflation just exploded all over the world, and vendors raise prices overnight. Organizers are working full-time on top of their regular jobs to get these plans done. Many projects get rejected and many, many budget items get modified. I can't convey the amount of work this is in one comment.
Nothing is impossible.
All companies have audited accounts. Of course, you cannot audit before the event is over, but as soon as the event is over it is possible to audit any event in relation to expenses that have to be justified with invoices.
Even last minute changes due to inflation or for any other reason it is possible to audit through the invoices this way there would be transparency on all projects and no one in the community will "doubt" due to not having enough feedback from the projects on the objectives and the that has been fulfilled.
It is not plausible to publicly share invoices and all receipts as those have personal information on them. All events are very tightly monitored. I realize your concern as we have had projects (not related to Valueplan) before with doctored receipts and other improper accounting take place. I know the cases that come to mind. What we'll do in the end of the year (a month from now) is we'll have our annual report out and present a cyclical feedback model for the project. Realistic KPIs are still being drafted as the type of opportunities that we expected vs the type of opportunities that we received did not match up. For example, we thought a lot of people would simply join Hive. That didn't happen. Instead, we got more and more companies that are opting to either accept payment in HIVE or explore how Hive can be used in relation to traditional merchandise sales.
SWC is a series of events that are only held at highly affluent places in Venezuela. The locations are very selective. The audience are the 1% of Venezuelans or tourists. The cost is about $5,000 per event which is just the cost of logistics for the most part (there are dozens of people involved in each). The events are multi-day because of the set-up and tear-down required. The costs in those locations, because they are high-end, is on par with costs anywhere else in the world. We have gained significant interest in Hive from local government and businesses in relation to these.
We return to the issue of transparency of project objectives because the project account has not made a single post since the 24th of August to explain the events held and what were the gains of the same. However, it continues to receive the HBD anyway and the community has not known what has been going on in this project for over 3 months.
If it has attracted the attention of local government and local businesses, isn't there a single local media article on the subject?
The transparency/feedback of these “investments” should be mandatory, in the same way that Ghana Wells through @mcsamm publishes whenever a new drinking water pump is implemented or has its project defined.
I see what you mean. The https://hive.blog/created/hive-108943 is where the posts plus workout videos by members are. It could use an update. Check out the Instagram https://www.instagram.com/streetworkoutcommunity/
@manuelramos can you put up some pics from Twitter?
Yo vi esta publicación, honestamente no he tenido tiempo para detenerme y contestar a esta publicación bastante interesante. SWC es muestra de que HIVE es un espacio donde se pueden desarrollar gran diversidad de iniciativas.
@guiltyparties ha sido el principal responsable de que HIVE esté teniendo el impulso y el auge que está obteniendo en este momento. Esto va más allá del dinero y de la capitalización de recursos financieros, nosotros estamos ya en otro nivel y estoy plenamente seguro que con en un futuro muy cercano el dinero (el financiamiento) será el menor de los problemas para impulsar los proyectos dentro de la Blockchain HIVE y su hermosa Comunidad dinámica y diversa.
I saw this publication, honestly I haven't had time to stop and reply to this very interesting publication. SWC is proof that HIVE is a space where a great diversity of initiatives can be developed.
@guiltyparties has been the main responsible for HIVE getting the momentum and the boom it is getting at the moment. This goes beyond money and the capitalisation of financial resources, we are already on another level and I am fully confident that in the very near future money (funding) will be the least of the problems to drive projects within the HIVE Blockchain and its beautiful dynamic and diverse Community.
I don't have instagram account and since this is a Hive project I was hoping to have some regular updates published on our blockchain.
I have already check @manuelramos reply posting some pictures about the events. However, I am really missing some more concrete data about events expectations vs goals reached.
That's the cost of marketing. And is very cheap if you ask me. In the end is Hive's money for Hive purposes, not yours, not mine, not value's plan. I've partaken in the Caracas Blockchain Week, had to ask for a loan to Neoxian and actually had to spend of that money, the cost of living is quite expensive here, more than first world countries.
Wait... Are you comparing Caracas Blockchain Week participation vs a workout event?
Do you really believe that event shall receive almost the same as HiveFest or even as Caracas Blockchain Week?
I'm just talking about Caracas Blockchain Week Bro. I actually participated in a Street Work Out Event as Speaker. There was great assistance but can't tell you about how the funds are being spent. I guess that's for them to clarify. I agree with you that every project, event, initiative must be audited. I guess we all are learning from this.
The clarification part it is only what I think that should be more transparent.
Caracas Blockchain Week it is a different case and I'm not concerned anything related to that.
Totally agree.
I think someone responsible shall audit the projects and see if everything is going on as planned.
That would be great for transparency and not leaving any doubts whatsoever.