Fully agree!
And this initiative is even cheap in terms of DHF funds (I suppose) and does not create additional sell pressure.
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Fully agree!
And this initiative is even cheap in terms of DHF funds (I suppose) and does not create additional sell pressure.
I think we're sending out about 3k hive per week to sharers currently, these can all be tracked through @nomnomnomnom and @redditposh outgoing transfers. It's also important to note that posh itself is non-profit from my perspective, if I wanna earn something from it I have to share much like anyone else does (which I some times do but not too often) but I don't take a fee or have given myself tokens for having created it.
Only thing we spend hive on other than sharers and author share is development (devs get some small rewards for fixing things or implementing new things), maintenance (servers about $60 a month) and providing liquidity on the POSH token.
We also run a few contests for top sharers (weekly HBD rewards) along with HP delegations and have some plans to hopefully do more with author rewards we may generate to bring more people to hive. Currently not doing so much in that regard as price of hive is very low.
Yeah, also a driver as it is totally transparent
Yes - no funding required - DHF is for the other projects that are sometimes good and some might be useless :-)
I mean we do require funding but it's coming from the author rewards pool currently, I think it's not really a bad thing as generally it could be used better as well.
I know but that should be fine given @redditposh is paying back to the guys sharing on reddit and even the authors of the original post
To add here @acidyo (might need to add as well in the post) - the rewards and votes redditposh receives are driving the initiative - in case people complain for votes there