HiveDAO and my thoughts on our approach to funding.

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Now that we all learned that the developer fund will slowly be released for funding on the DAO, its time to start thinking about how we will utilize that fund.
There have been a few proposals that have been presented by @therealwolf and @netuoso already, which i cannot say i am comfortable with.

They both asked for 10% of the current daily budget for a year. If HBD stays at around 1$ that would mean they are asking for around 100k USD yearly which i find excessive.
While i do appreciate their efforts during these times and think guys like Netuoso deserve to be a top 10 witness, it is extremely hard for me, as a layman to determine the value of the "continuous development" he will be doing. And i dont think im alone in that.

My fear is that guys like him that were essential in our efforts for decentralization might get support more based on them being in the forefront of the talks then on the contribution they will be making as developers, "continuously".

Therefor I would like to see more proposals of the singular contribution variety preferably by a group of devs.

SMTs will cost X amount, they will take X amount of days and these 10 devs will complete them.

Spreading money around for "continuous development" seems inefficient and potentially wasteful. Even more so when the investors or the community might not have the technical expertise to determine how valuable some contribution is.
There is this huge trust aspect involved in proposals like that and i dislike that greatly no matter my opinion on how trustworthy or hardworking someone might or might not be.

Theres also the fact that the community is so driven, hyped and ecstatic right now that they would probably support anything without much question.

I know this will fall on deaf ears in times like this (no one likes a "party-pooper") but it would be great if its possible for investors to just stand back a bit and wait for some price discovery to happen for HIVE and look to support more organized efforts that will lead to CONCRETE singular task completion like SMTs or other.

MARKETING

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If there is one thing many, if not all of us, had a big problem with during the Steemit.inc years is the lack of marketing and promotion efforts.
We had this big and driven community that wasnt utilized at all by Steemit.inc nor was it organized enough towards any promotion effort. (few short term exceptions aside)

Now that we have access to a fair amount of funds its time to start thinking about marketing more. You have 2 developers asking for around 200k USD (the price will be volatile so it could go either way) for "continuous development".

Based on that... How much should we be setting aside for marketing?

I am a user that will continue our efforts to spread the word on Twitter about HIVE, as will many others, but that might not be enough now that everything is settling down a bit and we move back into our blockchain to engage with each other.

We should start discussing marketing. Do we set aside 100-200k USD worth of HBD to pay marketing agencies in crypto of which there are many:
Crowdcreate.
ICOBox.
Priority Token.
WeRaise.
Byzantium.
Element Group.
Coinzilla.

Or do we do support community members, or groups with one-of tasks in mind?
Its important to start looking for answers to these questions.

Conclusion:

Now that the community is in control its time to assess all these options and not rush into anything driven by emotion and our recent victories.
We have a big responsibility now and our actions will determine if we succeed or fail.

Lets be smart about it.

Ill see ya. ;)

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