Invested millions into HP, issued no coins. Self-developed, self funded. It's not flashy VC but it's honest skin in the game with accountability.
However, agreed that every application should have a money spinning model, atleast the goal should be self-sustainability. We have received requests from basically every proposer to support their proposals and have felt quite reluctant to oblige.
It is even more concerning when some of these have been around and the bulk of the work has already been done, yet the proposals keep going up!
As a self-funded project, with significant stake in HP, our interest lies in growing Hive as much as growing ourselves. There's our incentive right there.
Our stake which is basically about 6 or 7 years worth of dilution paid up-front, is simply a tool for us to have skin in the game, and help build engagement, retention, and more users. With more users, we can open up other avenues of revenue (other than our premium locked content feature)
Overall, agree that more scrutiny should be applied to projects receiving or asking for DHF funds.
I'm on the blockchain for over 4 years and I have discovered liketu thanks to @jongolson and I really like it and started to use it with some alt accounts. It would definitely deserve more spotlight :-)
100000% agree.