I want everyone to do well, including @hivetips, @jackmiller, @guiltyparties & all the Devs that are involved w/their project.
But I consider a $1.2 million USD #HIVE #Proposal for a tipping browser extension service to be more or less plunder (in a non-legal way, since votes legally decide), and I feel uncomfortable saying it, even to myself, since I like @jackmiller and @guiltyparties.
- Downloading extensions into your browser is a security risk, since the extension can access parts of your browser that could be used to hack into the data you are typing into the web.
This is why it is important to limit the number of browser extensions we install and it's why I am not in favor of adding another extension into my browser (@keychain adding a tipping feature would be good though).
HERE IS A LIST OF WHAT I THINK NEEDS FIXED w/ @hivetips:
I'd like them to focus on tipping $HBD instead of $HIVE, since the stable coin aspect of #HIVE is under utilized, and the public is already familiar w/$USDs ( @buymeberries does this )
I'd like to see better logos & graphics for their products as the art they have doesn't look professional and it leads me to suspect they might not do well at handling $1.2 million $HBD.
I offered to provide (via our @dbuzz team) free graphic services for them at no cost and the offer still stands if they are interested.
Their elevator pitch of @hivetips' potential is not a convincing one IMO since there is potential everywhere but that doesn't make it concrete.. if they could list a competitor that did well by offering tips via extensions or anything like with measurable results, that would be a more convincing argument than what's in their proposal.
It is inconvenient and doesn't look great to type in one's Hive username each time to claim a tip, I'd like to see the receiving of @hivetips automated by storing the Hive-Twitter username association in custom JSON on the blockchain.
The idea is good and can be used well, but for the most part, it isn't being used well enough to warrant anything near $1.2 million USD (or $100,000 USD imo). Many of the Tweets that receive tips are not thorough Tweets and participants are often not targeting Twitter users with the correct #HiveDapps showing that the funds are not being spent efficiently (cost of conversion likely high vs. marketing Top #HiveDapps directly) i.e. YouTubers should be onboarded to video Dapps like @threespeak, bloggers should be onboarded to Dapps like @peakd / @ecency, micro-bloggers should be onboarded to Dapps like @dbuzz or future MB #HiveDapps. This would likely lower the cost of conversion, and would make the claim of @hivetips marketing the blockchain more convincing.
A new Hive Proposal in the range of $50,000 USD (my opinion) should be made, since $1.2 million USD is so astronomically high it makes me think thoughts that I don't like to think about their intensions (it's almost twice the amount of the ENTIRE #HiveDevelopmentFund that we have).
Marketing proposals above $50,000 USD should be used to market the #Top20 #HiveDapps in a decentralized way (each #Dapp accountable for their share of the funds).
The list above can be solved by their team and I want to support it, especially since many people on Twitter appreciate their service. But the most important thing on the list is lowering the cost of the proposal, to fractions of the $1.2 million USD funding request it's at now, and that can only be done by submitting a NEW #HiveProposal (as far as I know).
- The argument that we should trust them to withdraw the proposal after a set amount, when nearly a million $USD more could be earned afterwards, doesn't make sense, and shouldn't be used as an argument for voting on the proposal.
But this is just what I think, and I am just one person, what do YOU think?
@nathanmars @jongolson @iamraincrystal @the-bitcoin-dood @thelogicaldude @vimukthi @d-zero @theycallmedan @starkerz
*All rewards for this post is set to burn.