To be honest I this a very difficult proposal and I am also hesitant to comment on this as the topic is basicly asking to evaluate an individuals contribution to the chain and compensate them a large amount of money when the chain is taking hit after hit.
If this proposal passes I believe this opens the door to a lot more claims of popular key figures and witnesses that were earning hive and sticked to the supporting the chain and are seeing theire earning deminish on the downworth spiral.
On your specific case I can only say I truely appreciate you, but I also feel we should address the general questions first as it will set a precedent.
Questions I think are important to discuss before indivudual cases:
- Should key figures be compensated for the risk they took it the past when it didn’t turn out like they hoped?
- What would be the impact on the chain when we are in red and will reward large amounts for past contributions?
- If these claims are reasonable how do we prevent it becoming a popularity contest.
- If this is reasonable how do we determine a fair value that is suitable for both the work, the risk/reward trade-off but also reasonable in terms of impact on the chain.
I really hope that you don’t view this as an evaluation of your case, like I mentioned I really appreaciate you.
My hope is that we, as a community, can tackle this methodically, so that we prevent a large extraction wave (from follow-on claims).
I think all of these are good questions. I'm not sure if you're asking them to me directly, or if they're just something you want the community to tackle as part of evaluations in general. My large disagreement (which may be incorrect depending on the above) is the assumption that this proposal is only being made simply to make up for my diminishing returns and wouldn't have come up if the market hadn't soured as it has. This may not be the intention of the statement, so my disagreement only stands if it is, and that still doesn't mean it isn't valid.
I basically have to decide what to do now. I would like for that to be another X years of provable hard work, at an even greater capacity than previously, but I simply can't afford to work a full time career just to pay to then work for Hive. So either I figure out how to make it possible to keep going for many more years, or else I consider what to do next and how to best balance incoming ability to keep a roof over my head and outgoing quantity/quality of work in whichever ecosystem that makes the most sense in. In this case, I think it simply isn't logical to try to create some form on annual position or salary and just check in every year to collect– the chain and the market can't bear that, nor do I think it's the right way to approach a huge variable scope of shifting and non-numerically denominated work versus something more traditionally deliverable like a code chunk, dapp, etc.
Thank you for your reply and checking this with me!
The questions I pose are indeed directed to the community at large and not classifying / evaluating your specific case. I would hope that the broader discussing on this would take place first and create a framework to evaluate cases/claims like yours against - before we would do an individual assessment on any case.
I believe that failure to do so (as a community) would lead to a dangerous and undesired outcome for $HIVE (regardless of the individual case)
I am thankful that you bring this topic into discussion and I hope the community will seize the opportunity to zoom out on the bigger topic first.
I find number 1 most important, it does seem like a very bad idea to back date by years funding. Proposals should be for future & present work, this is a dangerous trend and does seem like a “well that didn’t end well, pay me since my stake is down 99% from 2021 high”. Just being honest.
This is a better trend than the other options in my opinion. Just because it doesn't happen often doesn't mean it's worse.
We saw this with @engrave doing the work first and asking for funding after, with the amazing job they did with Hive Ledger integration.
I'd argue most of the other versions have failed to keep their promises or milestones/goals they attempted to hit, although I'm not gonna get into which ones here.
But 6 years? I am a small fish so won’t have any impact on it being funded or not, but seeing HurtLocker power down over this is interesting. I get his take, it feels like a cash grab due to the bad place hive is at right now. 6 years back pay? This is just not going to be supported by most. Again I respect ur take, I just think the timing and amount of years going back comes off tone deaf personally.
I'm not going to comment on Hurt and I don't think it's fair to bring his activity to affect conclusions about this proposal. Similar to how many keep pointing towards the price and inflation in an effort to halt development and funding of projects, it's not the way to go about things imo.
Projects should be self-funded. If they can't afford development, electricity, or a server, they simply shouldn't exist. They're bad projects.
They shouldn't be looking for DHF (Direct Funding). They should be looking for investors who will risk money on the project and lose if it fails.
Arcade Colony went bust, I lost money, where's the DHF to back my investment?
BTW since we are screenshotting my powerdown 😅 I am not powering down the TradFi Curation account.
Ideally I would like to leave that project on here even if I step away from my main account to do other things outside of Hive.
@geneeverett i changed my mind on this one. Doing my taxes on tradfi-curator is a lot of work and it's just not worth the time based on the rewards it gets.
That power down won't have any serious impact imo but I just wanted to be transparent on this.
Yeah I didn’t think it seemed worth it.
I hear ya 100%
I honestly just don’t have the energy anymore.
I’m an all or nothing kind of guy.
If I don’t have the energy to deal with something, then I am not 100% emotionally invested.
If I’m not 100% emotionally invested, it’s just not for me anymore.
So I still think Hive has a lot of potential. I stand by that.
But also I don’t have the energy to deal with this.
I would like to get back to some of my other hobbies.
I wish everyone on Hive the best and I hope people here do have success in the future.
I know I overreacted to the tradfi thing, but real talk, I appreciate the conversations and interaction we had prior. I mean that!
I totally get it brother, I am seeing I think same things u are, I just already sold most my hive at .40 cents plusJanuary 2025. So frankly I’m only powering down my last 5K as protest. You are good people! Cheers! & good luck in next investment!
It's ok on the over reaction thing. Hive gets pretty emotional at times lol.
I thought it was best if you and I just had space for a while. Seems like that worked 😃
Thanks I appreciate it man. I’ll always take any luck that is sent my way.
I believe that too, even if we get into below 1 cent... having potential doesn't mean that it will blow up ...I like to believe that humanity isn't ready for Hive =P
@engrave? OK. This @crimsonclad did nothing for HIVE only presenting herself at HIVEfest. Just being honest.
Maybe honest based on what you know but not honest based on the truth.
Bad PR...