Maybe it should be used to Airdrop Hive to some of the people who got unfairly cut off from the Airdrop... and, whatever remains in the end, I say we burn it all.
This community needs to find a way to create cashflow, thus turning a blogging faucet into a credible business model. Or else we'll end up exactly in the same spot we were, with a token slowly but steadily heading towards zero.
Who is your opinion was unfairly cut from the airdrop? After looking at the list, it doesn't seem like we are talking about a lot of HIVE, most people had less than 50k in their wallet.
To create cash flow, practice blogging, and curation. This is a restart for most people as we all have to earn our rewards back. I think HIVE is coming along just fine.
I'm sure there were some mistakes...
Unfortunately, blogging and curation don't create cashflow. They only create cash out. 🙄
I looked at some of the actors in the airdrop, changing your witnesses to sock puppets during a controversial time was not a mistake, it takes considerable effort.
While some bloggers do cashout, they are advertising the platform for free and a growing user base will be much more profitable than any DAO funds.
The point of the DAO fund is to attract devs, though.
Otherwise, we would continue the silly practice of relying on the reward pool to fund projects.
Blogging really should be but one aspect of the chain.
There is 400k HBD in the Dao and that is growing by Over 2.5k per day of unspent funds. Why do we need such a large cushion? My idea is to slow the growth rate of these reserves until it is necessary to increase it again.
Sounds like a good plan 👍