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RE: Value Plan Q4 2025 Proposal and Event Overview

in #valueplan6 days ago

Value Plan is moving towards a portion of this. However, it requires two things:

  1. The individuals who carried out initiatives were financially compensated at a fair level (they are all volunteers who make nothing)
  2. On-chain fair competition could be established (no voting based on how much someone is liked but an automated process that only considers metrics)
    While Value Plan through its dashboards, processes and tools can create 2., it can't do anything about 1. Nothing can be done about compensating anyone except for designers and developers in part because they work on call, meaning they can't take regular jobs on during that time. Everyone else is a volunteer.
    There is nothing that says other projects can't be funded and there's even a Plug-In Proposal system for that where someone wants to go that route but not handle the funds.
    The initiatives are lumped together because they work together. No initiative exists that isn't used to make other initiatives and results more viable. Standalone activities don't make it past the idea stage.
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Thanks for responding. The stakeholders who vote for the Value Plan proposal can vote for individual initiatives (each its own proposal) to push them past the funding threshold, no?

That's the Plug-In Proposal system. It works when there's a lot of run-up time and its an activity where we know the costs. The Community Well Project in Ghana is one that would fit this. Let's say to build 10 x wells in 2026 and service the existing wells.

If there some initiatives that can more easily be separated out like that, in my opinion it would be great to do so and start with them as separate proposals.

I read the post and I see that Valueplan are doing alot of good in many areas (Don't faint) and I see the German conferences went well. Germany is a country that Hive can grown in as there is much more disposable income in a rich country. So it's good to see.
I am not against the idea of Valueplan either by the way.
And I have to say @guiltyparties ,you take alot of grief from heading this up. And I think you are thrown to the wolves in a way. You have always got back to me with any questions and you have always been courteous and I thank you for that. You could easily just tell me to fuck off 🤣. Choosing to die on this hill is a mystery to me but I respect you more for it.
I actually think the Valueplan team is probably too small to cope with the amount of stuff happening, receipts checking, conference organising and so on. While you guys all have jobs and stuff going on. And reading Crimsons post the other day it just cemented the idea that you guys have alot of stuff going on and probably need more help but people are afraid to go near you because of the stigma.

Here's what I think. I want to be objective here and not be overly critical. In my full time job I organise events and I actually hate some of the contractors that I deal with who set up these events for me. The reason for this is that they rush me into things but over the years I told them if they want the event then they have to have this , this and this set up before I release the funding. Any time constraints then tough shit. You should have come to me earlier. Anything without a receipt, tough shit. Some projects say they are voluntary and they actually include their salary in the project cost. And it is as clear as day that this happens with some projects with Valueplan but unfortunately for you ,you may have to take people at their word as you are not on the ground there.
I also think it is easier to give out funding than take it away as it is tough to break the news but I do think some of the projects have run their course on Hive. The Gym Street Workout is one of them.

I thought of 3 main things that Valueplan should do.

  • Put a spending cap and time limit cap on projects. People being funded should match projects with their a % of their own funding to ensure we are not been taken for a ride. Too easy for rally car guy. Now he is reliant on Hive. Where does it end? Gym Street has been funded for years now and returns nothing. They have only 81 active users.

  • Any project that requires over 100K for the year should be proposed separately to the DHF. This in turn may give other projects a turn or a chance for more funding in the likes of Germany which seemed to have gone well.
    The rally car community has 4 active users and one of them is the rally car driver. If you are to onboard any rally car people it would be the first Community they would land. It's had its day. We own the car. Lets retire it like a Grade one Race Horse and put it into stud. Have it at our conferences but just don't race it anymore. It would be interesting to see how this would go with rally car guy.

  • Only give funding out to users that have over 5,000 HP. They have to be dedicated to Hive. If they don't have it then no funding. Our main serial conference presenter @arlettemsalase has 80 HP in her Hive account worth $17 and she has been funded 6 figures. They can say "I love Hive" all they want and be a great speaker. But if a person being onboarded takes a gander at her wallet , they won't be that eager to join if the one up on stage saying Hive is the best thing since sliced bread has nothing in her Hive account. If people want funding then they need to have skin in the game. If there is nobody to do the conference then great!! Don't do it. It will be one less thing for you to deal with. I find it hard to believe that these people do it out of their "love" for Hive. There is definitely a kick back. You don't see it but it is there. When I see the state of some of the "Hive Merch" bracelets and stickers at these events , I would start there.

  • Cut back funding in South America particularly Venezuela. The country is the worst run country in the world and it is banned on the airdrop list for major cryptocurrencies and exchanges. We come across as naïve and too trusting. I think Hive likes to think the best of people but we should be thinking the absolute worst of people especially in the crypto space. Why are we not focusing on first world countries?? Those who have disposable income to buy HP. The countries we focus on don't have a pot to piss in. Lucky to have a laptop.

I think the above points are easily done and it is just a case of winding down certain projects and you will have a lot less grief. I think there is a certain stubbornness to back down on your part on the rally car which I get.
Seeing that we love to harp on about being decentralised and all that . Maybe if you did a poll amongst the active users about whether to keep the major spends such as the rally car/ Gym Street and the expensive well digging to the Hive Community so they will have a voice and everybody would stop moaning about it. We would all get closure. Anyway thanks for you time.

Every time I see your comments or posts the real regret is you're not on any of the chats. Comments just don't hit the same way as talking things out to get the information across.

This is a job that has to be done by someone with project management experience. Its not a paying job and it takes full-time hours. When Hive launched I had no intention of taking this on but things that must be done must be done. My personal feelings toward any of this are irrelevant, only Hive does. Just like when I have to sit there making cat memes for the Hive X account. Do I give two shits about cat memes? No. Will I make them for Hive? Yes.

We ran a lot of various events all over LATAM these last few years to find the more suitable locations. What we found is countries that are just now discovering crypto aren't suitable for Hive. The population is over-reliant on the government and lacks the self-education and self-sustainability required for Hive (this is also true for large parts of North America let's say). It also won't work in areas where the people have generational poverty, such as rural areas. This is why we had good luck in Venezuela so far. The population that uses Hive were the educated middle and upper-middle classes before the collapse or are the children of those people.

The activities that are funded are not people's personal activities that benefit them. This would be explicitly prohibited as that would mean its a personal business. No one can make any money out of VP. This is the point of confusion for most and I get a lot of asks for profit-driven projects that are immediately rejected. Every organizer is just the person who puts the event together and uses the funds sent to their wallet to pay the vendors. They are volunteers and receive nothing for the trouble they go through. The projects are also not owned by them. Let's say Slaven is ill and can't represent the rally car to a conference himself. Someone else will step in and do that. This is why the speakers and booth teams change as needed.

The people presenting are not selected based on how much HIVE they hold. They're selected based on merit or they're invited by the organizers. Arlette is commonly invited. These people don't get anything out of presenting except to have to take time off their regular jobs and be away from their families. You keep referring to people getting funding. This is the entire issue. They are not receiving anything beneficial. The conferences are not fun. They are extremely long work days for the volunteers and there is absolutely nothing anyone would personally consider remuneration that they receive. Its rare for any participant to have any time to themselves during any event or activity. This is also why we have to spread out volunteers.

Funding personal activities is limited to Hive dapps. In those cases, the onus to create a good speech or event falls on the dapp but half of it must be about Hive. This is to prevent dapps from using DHF funding (VP funding is the same as any DHF funding) to promote themselves while hiding what chain they're on. It's a safeguard. Those events, even if they're Plug-In Proposals, are held to the same standard as all VP events. They are very rare and are usually either thematic (like the WOO event coming up next year) or the dapps are part of larger conference spaces housed under the Hive banner.

I think we agree on a lot of points in general. The SWC is unique in that it was started solely as a Hive promotional activity - meaning it never existed in any form prior. It's been steadily moving towards autonomy which is what it needs to become a real entity. It's gathering sponsors and supporters outside of Hive for this reason and that support is coming back to Hive. The cost to Hive is already steadily reducing and its main cost is actually Hive merch.

The rally car is about 25k per race just based on the WRC requirements. What it costs depends on how many races it does. This past year it did three. This coming year no one knows the WRC schedule yet and without it its impossible to predict what race we'll run and what we'll sit out. The race selection depends on the race itself (if this type of car is sufficient for the terrain), its location (we're not going to fly the car to Chile), and the impact to Hive (can we couple it with a side-event, can we maximize its impact, how much can we get out of it).

The projects will naturally change over time. VP is not a reactionary initiative or no one would even trust it. Everything is based on lessons learned, opportunities, partners, metrics, and etc. The strategy changes every year. This is a lot of work for myself and for others. It's meant to be hard. Sure it would be convenient to take the easy way out and tell everyone who is vocal exactly what they want to hear but that would short-sighted. This is why VP is open for anyone to positively contribute and there's no shortage of things to do.