While Hive is young, it seems to make sense to spend as much as possible on development of projects that are deemed worthy. Technology tends to mature over time, so allowing as many young projects to receive funding is the model that incubator and Venture Capitalist's embrace.
Like businesses most tech projects will fail, but that is exactly why those who are successful at development and funding, know for success you support many projects and the strong survive and thrive.
I tend to see the Hive stakeholders as wanting some sort of guarantee on their investments and while I think it is unintentional, (meaning not evil or even greed driven) they have a strong bias toward a small group of people.
I'd be more excited about Hive in general if I saw more movement towards attracting and embracing more talent, more users and most importantly new developers. Otherwise it will continue to stagnant.
Interesting perspective. It seems to be a little stagnant indeed. There are some cool things that have happened but the newest ideas from new people, where are they? I think the hackathon was fun and there was some potential there but I haven’t seen much follow up to promote more projects people are working on.
Hopefully we can get past all this and continue to generate new ideas and grow the business here rather than just be another reddit.