third rate bullshiters who make retarded dapps designed to farm the reward pool.
WOW now we are talking. Good point, seriously. My favourite proposals are the ones where they ask for money to help support their half baked schemes. Pay for me to do stuff you don't need.
Do you think the amount currently going into SPS is currently appropriate? Perhaps it could use a couple HBD more or less a day, or is it just right?
This proposal can be turned off and one depending on people's mood which I think os a key feature. It does need more discussion though.
https://www.daxx.com/blog/development-trends/it-salaries-software-developer-trends-2019
It is my personal opinion that if the DAO cannot support a dozen or so quality devs, the proposal system itself is a failure.
The median seem to be around 50k which is ~150$ a day (137 actually).
So 3000$ a day could get us 20 average devs working full time (they dont need to show up to an office).
Or 20 high quality devs working a few hours a day.
The fund is growing around 3000 a day (lets assume current proposals are always vital, some like servers are) so 25~33% can safely be burned now. Which would still mean 12~15 more devs can benefit from sps on top of currentnsps use.
Some corrections:
50 k is quite low in the US: “Software Developers earned an average salary of $108,080 in 2018. Comparable jobs earned the following average salary in 2018: IT Managers made $152,860, Computer Network Architects made $111,130, Computer Systems Analysts made $93,610, and Computer Programmers made $89,580”. And they only went up in the past couple years.
you don’t only need Devs. You also need testers (manual and automation), product analysts, business owners, project managers, marketing, legal, etc etc
cc: @enforcer48
Salaries in the US are a lot higher than global average, especially anywhere near silicon valley. I estimate the global average to be about 50k a year for programmers.
Although it would be nice to hire full develipment teams, the idea is to save cost. Full time legal team, marketing and artists doesn't really make sense. If the money is burned on development instead of null, the price will continually go down since 75 million steem is a lot.
It's possible to reach a happy medium of development, the extra beefy dao pool may make this possible, but it is also a looming risk legally and a warning to serious investors.
Steemit was legally registered in the US and developing from there may become difficult if legals are persued which is very possible. We may be wasting am awful lot of money on legal defense. It's easily framed as greyzone stuff. To nocoiners it could possibly be seen like theft or plunder. Who is to say development didn't end at smt and justin didn't legally by it? Did he suffer damages from the fork? His lawyers could harass us for years and years.
It will be interesting to find out what happens, it is definitely too early to be trickling it into the dao.
That should be the number we strive to keep it around then.
But of course, I would imagine @blocktrades has a better grasp about the size of dev teams, etc. working on projects.
I mean, different projects would have teams of variable sizes.
I like the idea of having proposals that burn around 400~500 each per day for now. As they pass the return more can be made. The whales can decide when to stop supporting more of them.
You're math implies that we have small dev teams. We want properly sized dev teams, and lots of them.
So, lets say average teams size of 4 ( ceo / marketing, frontend dev, backend dev, artist ). That means we can get ~5 "average" teams, or like... 2-3 "high-quality" teams?
That's not good for a new platform. I'd like to see dozens of teams working on multiple different projects that cross a variety of sectors. We want mass-adoption, we need mass-dapps.
Also, ignore the line of "high quality devs working a few hours a day", as that's not always possible. If you're working a full-time job you often don't have time to dwindle at a side-project, even if it's paid ( especially if you have a family ). Ideally we're aiming for people to be able to take full days off / leave their job entirely because the DAO is funding full time high-quality work.
I do see your point. The more the merrier. It's a real shame we didn't take even more when thinking of it that way.
Well, I mean we could only take what was available ;^P
I think the 80 million is good for long-term funding of projects, events, marketing, and contests. #LongLiveHive
It definitely helps us secure long term internalized funding. Hopefully, it is always used well.
Also, in those average salaries usually there’s more: health insurance, benefits, 401k, annual leave, sick days, etc etc.
And taxes for crypto are much higher than a “regular salary”.
cc: @enforcer48