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RE: The 2017 Steem Growth Plan

in #marketing7 years ago (edited)

Can we entertain the idea of using the Steemit account funds more liberally if, through a witness vote, a % of the inflation funds is also allocated to development and marketing? The rates would be up for discussion but this should speed up development considerably and be beneficial to all.

What we need here is a concept of 'ongoing funds'. You can support an Ongoing Fund by sacrificing some of your voting power, and your votes would be continually applied to it. This could be done in a hacky way now, without changing the protocol, but would probably be much more straightforward to simply make part of the protocol.

We could then have a development fund as an ongoing fund, a marketing fund as an ongoing fund, etc. etc.

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ya exaclty what I meant, instead of the 10% witnesses, 65% author, 25% curator split or whatever, we can cram in there another 5-10% for development and take a little bit out from the rest

For now they have the Steemit account, but knowing that the community would be supportive of a development fund, they could use it more liberally

I think that's a really great idea :)

Yes, it is also my opinion that part of the steem block rewards should be set aside for development!

I actually think this is a crucial step if we want to ensure funds for development and improvements will not dry out one day.

Burn SBD ?
Finally, a real place to burn it to?
SBD burned into BTC / Steem to help fund dev.

This sounds similar to the DASH treasury fund concept. Funding dev is important!!!

the community might be supportive of an ongoing fund when there is a demonstrated need and some actual demonstrated action with results. Right now, as much as I like what is being talked about, the is no tangible proof of result through any of this being implemented or funds being spent from the existing Steemit account. Actions always speak way louder than words.