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RE: The $1.2 million USD Hive Proposal for @hivetips, and Why I Won't Vote for It

in #hivetips3 years ago

First of all, thank you for introducing me to @buymeberries I had missed out on this project. As for the @hivetips proposal, I voted for it some time ago while there were barely any attention towards the project from the community. Finally I'm happy that people have come to discuss HIVE tipping on the greater internet beyond the social media bubble we have on the blockchain.

Features of HIVE

The argument that we should trust them to withdraw the proposal after a set amount, when nearly a million $USD more could be earned afterwards, doesn't make sense, and shouldn't be used as an argument for voting on the proposal.

The beauty of HIVE DAO compared to similar features like in Dash, PIVX etc. is that it is a daily proposal system. Community has the full power to partially fund proposals with great precision as long as they remain vigilant.

All you need to do is have @hivetips above the Return Proposal for few days and see how they do with it. The Proposal was probably made with the expectation it would take some time to get funded anyways. You don't have to trust @hivetips to withdraw the proposal as long as you have the ability to withdraw your vote.

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Yeah, I can understand that @hivetips might have thought it would take a while to get enough votes.

  • The issue is that I am not sure if the larger #HIVE community would withdraw their votes after $250,000 USD is funded.

I see it as a big risk, especially considering the money involved, but if it reaches 100% of the votes required, it's okay, it's what the community chose and we would cross that bridge (if the proposal isn't withdrawn / unvoted) when we come to it.


My main skillset is people, not necessarily analyzing #HiveProposals, so I might be wrong, and @hivetips might do amazing work at onboarding more people.

If that's the case, hopefully something can be salvaged from what I wrote, storing the Hive username-social media handle associations via custom JSON might be one takeaway.

Two proposals by netuoso were voted out of funding after some people posted about not seeing satisfying amount of work done compared to the amount paid out. So I have enough faith in the community's ability to vote out a proposal if needed.

storing the Hive username-social media handle associations via custom JSON might be one takeaway.

That is actually a very good idea.

Yes, the proposal will be removed once the development costs are covered. To date, @jackmiller paid approximately 45k USD for development of the products and the community is regularly requesting new plugins and features. Once the costs are recovered the proposal is removed.