RE: RE: Do the DHF funded developers justify their funding?
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RE: Do the DHF funded developers justify their funding?

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From someone on the outside looking in. No, the amount of money flowing out of the DHF and what is being shown is far from where it should be.

I catch hell for speaking up about it all the time from mutes to downvotes in the past but I just can't bring myself to suck up just to get some votes lol.

If we look at the current proposals right now minus the HBD stabilizer we have a total of 15,440 HBD going out of the DHF each day. Now you could subtract the 10000 for the Value fund as that's a quick burst and that project makes sense to keep up events and going to events. It's a small cost for really getting the word out there. So that put's us at 5,440 HBD per day.

Some of these projects make total sense like...
VSC Network for Smart contracts - We have been yelling we want smart contracts forever now and the core developers now three years later seem no where closer today then they did back then. Maybe I'm wrong but that would be on lack of presenting to the community what you're working on and doing.

Core Development - As core development has to be ongoing.

Keychain - A lot of people use it and there's really not a way for the app to generate revenue for the development work it does.

Ecency and PeakD make sense as they are open source projects but in a way they should start to be developing revenue themselves now instead of constantly feeding off of the DHF. To me the DHF is more of a incubator program where money is provided to build a project but the project needs to become profitable on it's own or generate some profit itself so that the daily HBD ask from the DHF is reduced not always constantly going up.

Now other ones that don't make sense to me for continued funding would be
Actifit - 230 HBD per day
Dbuzz - 792 HBD per day

These two above programs provide little in terms of development work if you ask me. Dbuzz in particular being that the core developers live in another country where development costs are extremely cheap. These platforms need to generate their own revenue streams on their apps.

This is the biggest issue I have with the constant funding of these projects. Little value or way overcast projects that provide little in terms of generating wealth for the blockchain and instead just create exits for people to make content and sell it is the biggest pitch. If that's the case then the Actifit token buzz token need to be how they make their money. Much like LEO is doing with their own token through ads to generate wealth back into their token and into hive instead of it just being an off ramp exit cash grab.

I'm sure I'll catch hell again for opening my mouth but these apps need to start acting more like a business and not as a hobby to siphon off DHF money all the time. But being that this is a decentralized platform people such as myself should be able to express themselves and offer constructive feedback like this without fear of being downvoted etc.

I very much believe in Hive and what it can and could become and is why I voice my opinions and concerns and continue to invest in projects on Hive and the Hive token itself.

@bitcoinflood: From someone | Ecency