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RE: Should We Create a Development Fund?

in #busy6 years ago

A Trust Developing Funds?
These will Never Happens as many Dapps were given some startup Delegation by SteemInc.
What did The Developers did with the Rewards from their Curations?
They eat them up!
Your Ideas does sound good but don't think anyone can be The Guardian of this Fund.
There are too many Greedy People in here. Can anyone be Trusted?
I am glad that We do have Our Investors Funds that we have been Safe Guard for Our Own Developing and Progression without Dependent on Anyone.
If One Day SteemInc decide to Remove All their Delegation , Do you think Any of these Apps will Functions?
I see many have pocket in their own self interest.
Thanks for bringing this up for discussion @whatup

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Thank you for replying. I especially appreciate critical responses, because in my opinion that is how you test an idea!

What if the fund was managed by the community based on stake based voting.

So, PersonA would submit a "Request for Funds". I would like xx. funds to do xxx.

And then a set amount of stake would have to say yes for the funds to be delivered?

Just brainstorming.

It's safe to say that Dapps wont be qualified for this fund as there are other monetization mechanism available to them. Dapps are businesses.

for the past 2 and a half years, most if not all Steem Blockchain development was done by Steemit.inc, Steemit.inc is a private company, why do they need to develop Steem Blockchain? They dont own it.

Can anyone be Trusted?

IMO this is where real Reputation comes to play. Do i know you personally? no, but i do know that @bullionstacker is the guy behind #Whalepower initiative and you're good at that. Bitcoin Core is much much more decentralized than Steem and even they have a few single point of attack. (5 person are trusted to approve/reject what development goes through for Bitcoin, we know who they are).

I am glad that We do have Our Investors Funds that we have been Safe Guard for Our Own Developing and Progression without Dependent on Anyone.

Can you elaborate more on this? I dont understand..