100%

I agree with you. 3spk was IMO a promising project for people as soon it " launches" to contribute.

Problem is now it wents from something cool and decentralized to whatever it is now. IDK, i bought a ton of tokens with the idea the network could take off. Also had planned to launch infrastructure.

That died IMO, the worst tbh is no communication to the public.

Anyway, i think DAO is 99% waste of money and steals every incentive to make revenue. So yeah DAO has the potential to kill hive ( including the projects on it).

We come to a point DAO leaves also the value of HBD. So the risk HBD holders rotate at some point to hive and exit becomes bigger as longer it goes. I think it is reckless to continue this path.

What i also see is there is no oversight over projects. It should not be possible to " shut it down" and all work is gone. There must be at least backups. Thats pretty sad for the "decentralized" world.