There is one thing where I struggle with the DHF. There is absolutely no accountability for what is done and how much is "billed". It's a blanco check for the people who get funded. I believe, there should be an inbuilt control mechanisme in the DHF. Devs should write down the effective hours that they work on a project and there should be a handfull of controlers, people, that double check the work done. Each month, the funded project would need to deposit a work rapport with how many hours that were spent and how much has been achieved. The controllers would check that and autorize the funding for this month. For this work, the controllers would touch a certain amount per project checked. This would provide an income for them and they could publish their own findings. Each project would automatically require the funding of these controllers. Best would be if there were many controllers and for each project a certain amount of controllers would be randomly selected.
I believe that the DHF doesn't give an incentive to actually reach a finished project. The longer it takes to develop something, the longer the project can ask for DHF money. I don't know any other place where you can get money for an idea and nobody checks whether the money you get is actually used as advertised... As long as there are no checks in place, the DHF will always be used in a very unefficent way.
What you write reminds me of Kickstarter. There is a high percentage of Kickstarter projects that get amazing funding and then... don't do anything. They take the money and run. Or they give empty updates for years but never actually do anything. There is absolutely no accountability there. It seems like that should be illegal, but it just keeps happening.
A lot of what gets funded by the DHF looks pretty much the same to me.
The beauty of cryptoLALALAND
Unfortunately I agree that without checks and balances, it becomes the subject of a latent corruption... It would be a great tool but it definitely needs accountability I believe.
Yes. Absolutely. things can be gamed, but putting safety guards raises the morality alarms in their heads. "Will I cheat and lie like a dipshit or do i just work as promised".
No safeguard is perfect but its better than anything.
All good points.