"Necessity is the mother of innovation", although the bear market has removed the amount of capital available for many projects. We must remember that a lot of progress can be made by tapping into the real strengths of the steem blockchain.
I believe that strength is the amazing community we have here on the steem blockchain. I don't mean that we can be nice and have a group hug, as good as that may make us feel. I mean it's time to do a skills audit of the people on the steem blockchain and find ways to crowd source from our community the resources we can use to make the steem blockchain grow and not become dead in the water.
It's time to empower the steem community and not just see them as beta testers. Many have invested both time and money into this project and they should be given the respect they deserve and a channel to air their thoughts and have them listened to.
When the prices were higher, it was easy for everyone to just do their own thing and see which worked better.
I think now is a time for better coordination so we can avoid duplication of effort and be as efficient as possible to make sure the steem blockchain, not only survives, but thrives.
48!!! Wooooooo!!!
For anyone reading this in the future, that's a reference to my reputation rating of 48, not the steem price ;)
DAC anyone?
I think we need a community based structure to handle blockchain development, promotion and venture building and a foundation to protect the steem project in the real world.
This is important as it means we are creating structures that give the steem blockchain some redundancy should steemit Inc fail or become ineffective.
If that happens to be a DAC or some other structure, I don't mind
RIGHT...
But WHO do you Want to OWN 51%?
@ned ?
Not so much...
I would suggest it runs like any other dapp, but rather than providing a platform for content, it could be a platform for voting and deciding which improvements to the blockchain to fund. A bit like Utopian, but for the steem blockchains development.
Ownership would depend on who puts up the stake to reward the developers. If in doubt, go for the golden rule, he who has the gold, makes the rules.
Would an increase in witnesses help?
If you need capital focus on business growth and building the ecosystem. Crypto communities got lazy when prices went really high and stopped focusing on monetizing and profit. New tech is fun but now the new tech needs to have a business plan behind it. Every project is a business. Every blogger is a business. If you're running a charity then just say so otherwise it has to profit.