Most viewed post today with only few bucks in rewards says a lot.
I do think there may be good intentions at VP. Just seems much of the community would like to see some reallocation of certain funding. It’s time to make the painful cuts to projects that have not panned out. Learn and iterate. Spending money on ideas to benefit hive isn’t an issue, but continuing to throw money at things with little to no demonstrable results is! And that is why i think that currently there is more of a grumbling community than normal.
I commend your push toward more KPI’s. Everything funded should live and die based on KPI’s. No reason for feeling bad about defunding a project or idea if the KPI’s are not favorable.
I do hope the switch to these cold wallets moving forward does not mean even more obscuring of where and how this money is really getting used.
Any chance the community could get some actual receipts beyond the memo. As in, sure the memo said it was sent for this or that reason, but it’s pretty common practice for the receiver to show receipt's of the spend.
We all would love to live on good faith and trust in this life, yet follow up reports would take away the feeling of black hole spending that many complain of.
I sincerely hope to say im proud of the way Value Plan learned and pivoted in the future.
I believe in Hive. I believe in Value Plans ability to shift and adapt and let go.
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Fair points. There are constant shifts in projects and events as partnerships and opportunities become available, which is closely tied with how well Hive becomes known in some circles. We have some limitations we can't overcome by the virtue of being decentralized. We can work on our strategy and KPIs and this and that all we want but there are portions of this that go beyond the reach of VP and into our existing infrastructure. In regards to cold wallets, these don't affect on-chain transparency. Each transaction has the name of the project and sub-project or event at the beginning. To see how much went to an event just sum all of the transactions with the same name, then divide by the country and sub-label. There's no point adding them up by wallet as these just process payments to vendors.
Comrade Guilty, brilliant plan: freeze the wallets, melt the budgets, and tell the people to do the math. In my day, we called that ‘Five-Year Transparency’ — nobody survived long enough to see the results.
The community grumbles? Excellent. Starvation makes a silent electorate.