The thing is, we don't approach DHF spending as if we were investors or business people. Not as a community, anyway. Some proposals would never pass in a professional business environment.

I don't think completely defunding the DHF would solve anything. Instead, the HBD would likely lose value under the haircut rule, which doesn’t really benefit us. Instead, we should:

• Audit all funded DHF proposals, evaluate them, and learn from them (since most non-development ones have failed).
• Draft business-like proposals to use the funds efficiently. From my perspective, these should aim at Hive’s two largest pain points: Marketing (zero visibility outside Hive) and real, sustainable projects that create buying pressure or similar measurable value.

When I say marketing, I mean a real marketing plan with set goals and a defined strategy—a professional job that an agency would prepare, not something vague.

It's easy to say but hard to do. If I had the solutions, I would be presenting them already :)