Hi, I hadnt heard of that. Just had a look, and the last post from it was back in 2019 - and it does not have much value left in it.
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Hi, I hadnt heard of that. Just had a look, and the last post from it was back in 2019 - and it does not have much value left in it.
It doesn't now. What do you think of the model?
I just read a few more of their posts, and I would say, thats just the thing - they seemed t have it pretty sorted out - its just a shame that it didnt continue. I wonder if its was just one person running it - which would be a lot of work, hence the option of having a board could give something like this more longevity. Even then, I dont doubt how much work would be involved, including keeping very close control and accounting of funds in order to provide transparency and accountability. It wouldnt be easy.
It was run by one person, there was some sort of split when Hive forked from Steem. I'm not sure what happened.
One of the benefits of blockchain is that everything is transparent: you can see all the transactions, who has received what etc.
As I remember, it was fairly straightforward: donors and delegators signed up and regular payments went to selected "good works". There was some work around researching and choosing who or what to support, and some discussions among the delegators. But otherwise, it was fairly straightforward. I think there were about eight groups receiving funds.