People on #hive blockchain need to seriously understand that when you vote for massive projects to be built the money doesn't just print and come from no where... There should be a plan to return those startup funds and then pay interest
People on #hive blockchain need to seriously understand that when you vote for massive projects to be built the money doesn't just print and come from no where... There should be a plan to return those startup funds and then pay interest
In almost all other venues (think Kickstarter, etc.) the project outlines the plan on how the investment will be paid back through product, shares, interest, or other means. I don't see why this practice shouldn't be expected here.
I agree. I think there needs to be some transparency on how the money is spent so people can see where it went.
Yea.. I don't know about a return plan because sometimes things just go south even for promising projects but I definitely think projects should be way more accountable and provide regular reports to the community.