Dear Hive community,
over the past two years, our team has achieved significant milestones delivering valuable open-source tools, protocols and applications for the Hive community - read this post. We have mostly completed the creation of the tools we originally set out to develop two years ago, as evidenced with 10+ different projects. Therefore, we are lowering our funding request and taking a different approach with this next proposal.
This year our plan is to:
We will prioritize the upkeep and enhancement of the following projects:
In addition to maintenance and upgrades, we will undertake small to medium sized development projects aimed at enhancing the Hive ecosystem. We have some ideas in mind, and each year we add several new projects as opportunities arise. We are confident this pattern can continue.
We also plan to incubate large projects using this funding and present them to the Hive Community if they require more time and continued efforts.
Hive Badges (Example #1)
This is a product already used by several Hive websites and we hope to Open-source, standardize, and decentralize Hive badges. We can make badges more useful and easier to integrate for Hive websites and much easier to create and interact with for users with more high quality badges.
Customized blogs and communities (Example #2)
A simplified web platform focusing exclusively on community-generated content with customizable community pages.
We are requesting 250 HBD per day for the Maintenance and Upgrades of Peak Open Projects which will also fund some new Projects as discussed in the previous paragraph.
This funding will be allocated as follows:
This year, we decided to take a different strategy by separating our larger projects into individual proposals. One such project is PeakVault, our new wallet software and SDK. This project is substantial enough that it requires a dedicated team of several members working on it throughout the year.
To ensure the project's success, we have created a separate proposal requesting 275 HBD per day. This funding will allow us to focus on the continuous development, improvement, and integration of PeakVault within the Hive ecosystem.
For more details about this project, visit this link.
The total funding requested for both proposals is 525 HBD per day, which is 175 HBD per day less than last year's proposal.
Even with both proposals, we believe this approach is fair to the Hive community. Our overall workload is reduced, and we have streamlined our team and processes compared to previous years. This efficiency is why we are requesting less funding overall. We do not support the trend of continuously increasing funding for never-ending projects.
If the Hive community comes up with other projects and we have the capacity to expand our team and dedicate more time, we are open to taking on additional large projects and creating new proposals. However, we are currently content with our reduced funding request and believe it is in the best interest of both our team and the Hive community.
Our team is known for interacting very well with the Hive Community and getting suggestions and implementing them quickly.
We plan to use the Open Polls protocol more extensively to decide on areas for upgrades and new small projects throughout the year.
WHY ARE YOU LOWERING OVERALL FUNDING?
One big part of this answer is our mind set for the Peak Open Projects: it's not a traditional business.
We do not view this as a business and none of our projects are developed with profit making structures. The funding isn't approached like a business that is trying to make money but instead funding is designed to have sufficient to cover costs of developers, administrative staff/stuff and enough to have a safety net.
Even with the 2 proposals we are lowering overall request quite a bit because we have less projects and less work to do and aren't seeking a profit but to just comfortably cover costs.
WOULD YOUR TEAM CONSIDER WORKING ON MORE?
Yes, if the Hive community decides on more worthwhile projects we are happy to pivot, in fact we will incubate a few ideas and put in time and share a new proposal for the community. (Assuming we also have team members who may be passionate in it as well.)
ARE YOU AGAINST PROFIT MAKING?
No we are not. This just the aim of Peak Open Projects and Hive Proposals in General.
In fact, there are members of our team that work on businesses like PeakD, RiseofthePixels and PeakMonsters. And even if they aren't large profit making endeavors they are fundamentally different than Peak Open Projects.
Perhaps we will also have more time to work on PeakD.com and other business projects... which we hope will benefit the Hive Community.
With your support, we can continue to maintain and improve tools for the Hive Ecosystem both for the users benefit and for all the various websites and applications that will use these open source decentralized products. Please consider voting for our proposal to help us achieve these goals.
Vote for our proposal here: https://peakd.com/me/proposals/peakd
Or using other Hive dApps:
Ecency: https://ecency.com/proposals/310
HiveBlog Wallet: https://wallet.hive.blog/proposals
Thank you for your continued support and commitment to the Hive community.
Developers: @asgarth, @yozen, @muwave, @mirafun, @borislavzlatanov
Advisors and support: @jarvie, @mozzie