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RE: Last 365 days of Value Plan payouts organized.

in LeoFinance8 months ago

There is no purpose to this post except to make it look like some people somehow got paid for something. There is no commentary or opinion or research of any kind here and you also didn't include any of the project titles or anything at all that would let the reader figure out what this is even about. So I'll do that for you now.

Value Plan is just an account that manages the funds needed for Hive promotional activities. These activities are all aimed at getting Hive out there and are designed to be focused on geographical areas where we are able to have success and are able to operate. Hive is relatively new on the scene and has the challenge of being a decentralized entity in a world of centralized companies. The projects are for the most part either conferences, b2b, or impact activities.

Conferences are major speaking events and sponsored events that are organized by 3rd parties and to which participation must be purchased. There are also small, local activities of this nature, but they are all pay-to-play. These costs are the same for everyone in the crypto/blockchain tech space. Conferences are chosen strategically while keeping in mind where we have the ability to and the budget to go in.

B2B is blockchain-to-business or business-to-business. These are activities designed specifically to have HIVE and HBD used as a currency in transactions, in day to day store sales, and so on. They come in a variety of forms but for the most part this is a new direction for Hive. It is made possible by OBI and the optimization that was done on the protocol.

Impact activities are our Street Workout team, race car team, our water wells and other either activities or pieces of infrastructure. They are meant to get Hive in the news, create organic social media engagement, and basically spread the word about what Hive can accomplish. All activities are very strictly designed, scheduled and controlled. They all have their targets which are unique to each activity.

This is the half year review of VP activities: https://hive.blog/valueplan/@valueplan/value-plan-half-year-review It covers the first 6 months of 2023 and it also happens to have the profiles of the various people who helped make things happen. They all worked hard, donating their time. No one gets any salary or payment of any kind for any organizational activities, including presentations or conferences or any niche activity.

This is the 2022 year end report: https://hive.blog/valueplan/@valueplan/value-plan-reflections-and-projections It covers the start of VP and has an overview of distributions grouped by project type. It also has some links to spotlights. It is current only to end of year 2022.

To be clear: No person involved in any promotional activities funded by VP has the sole decision-making capacity on any financial distributions. No one above received any funds for any distribution at their own discretion at all and never will.

I ask that no one contacts any person except for myself in regards to any funds or questions to do with any funds. But please drop your questions over to me either in comments or in DM if you wish to remain anonymous and I'll include them in our end of year review.

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With all due respect GP it is the duty of the fund receiving entity to provide a description on how the funds are spent. The valueplan post proposal has no details. There is no review on who received funds and why.

Can stakeholders ask questions if that is the best way to spend money or that question will be considered abusive?

Absolutely and to myself please. The individuals doing the work cannot reply as none of them would have the full scope of information available to them to answer accurately or there are agreements with partners/venues.

Yes. So I am formally asking you in public as a stakeholder to please provide a description and value proposition on how these funds were spent. Mind you I have no doubt regarding the honesty of the key holders including yourself but I can potentially have disagreements on how and why certain decisions were made and was that a correct value proposition

There is no purpose to this post except to make it look like some people somehow got paid for something.

The purpose is to show where goes so I don’t have to keep responding to messages with it.

There is no commentary or opinion or research of any kind here and you also didn't include any of the project titles or anything at all that would let the reader figure out what this is even about. So I'll do that for you now.

I am just dropping the data as there is no place for me to do it where I don’t have to keep doing it over and over.

Would be better if you could just forward me messages so I can put out whatever is in their concerns.

Or I can provide the data people are asking for. I said clearly to look in the valueplan posts to find the projects.

Yeah man but the data is wrong. The transactions are grouped by activity, not by wallet.

My data is 100% accurate.

It is accurate in the sense of yes it was pulled and those are wallet transactions. It is not accurate in the sense of helping with interpretation in any way. It can't be used for anything at all. The 2023 data sheet has to be updated by EOM anyways, we'll have the full range of data out soon.

I disagree. It is very clear and all the projects for any one wallet someone is concerned about can be figured out easy enough in the valueplan posts. You want to organize it different, go ahead. People are asking, it's not my job.