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RE: Decentralized Hive Fund: How a common person evaluate them?

in OCD4 years ago

You are a developer yourself, albeit on the network side, so I value your opinion a lot, it is difficult for me to understand the optimal cost for a project. Also it is difficult; because the cost of the same project in US or western Europe will be different from the cost of the same in the South East Asia for example, where we outsource most of our IT projects.

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I'm not sure what a good blockchain developer bills out at, but a consulting firm will bill out a software-defined network engineer for between $200-300/hr. An independent consultant can usually ask for between $100-200/hr. It would actually make a great deal more sense to me if a percentage of the amount were paid out in HIVE, rather than HBD, so that contributors can also participate in the growth of the platform. Unless by fluke, HBD has no greater future expected value. That being said, they could also convert their awarded HBD at any time. In any case, I'm not looking through the proposals thinking anybody is vastly overpaid from a USD perspective, especially if they are delivering more value. Like I stated before, I'd be more inclined to create competition. Part of that will be having a way to actually measure progress, so we the voters can make informed decisions about which proposals to vote, unvote, and demand modification of.

You mean HBD, correct? Not SBD. :)

PS

Can the potato shit get unvoted already?

I raise the question. SBD has no meaning for Hive anymore. HBD is close to $1. So even the hive modified project is perhaps questionable. Regardless the proposal need to be modified and people need to remove their vote if it is not modified.