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RE: Valueplan the Numbers Part II. YTD Payout figures.

in LeoFinance5 months ago

Hi @blanchy, As you have already noticed that I'm no blogger but I do send regular updates to GP, one of the project managers of VP and then VP compiles all the data and publishes it through a post later from what I understand. But I'll definitely try to make a post with all the details of all the events that I have done so far in India.

We have not had a Hive post from you since February 2023. Would you care to enlighten us how these investor meetings went? Were you successful? How many investors actually invested? How is the Finfarm doing and what is the story with the Sinusoid sponsorship? What is it? We would be interested to know!

Quick short answers to the questions you have asked -

  1. For hackathons, you can join the Code Hive discord and keep yourself updated on it.

    Here are some of the projects that were built on Hive :







    Sinusoid is another hackathon that will be happening in November. 90 days will be given to the student developers to learn about Hive chain and deploy a project on it. https://ecency.com/hive/@ansh115/hivejam-a-decentralised-music-streaming https://ecency.com/buildwithdelhi/@hariprasadd/introducing-greenpulse-empowering-sustainability-with https://ecency.com/vihaan/@divijmahajan2004/ticket-hive https://ecency.com/vihaan007/@intellihire/intellihire https://ecency.com/vihaan/@ishanchugh/completion-of-medwise-your-complete https://ecency.com/vihaan/@lucirace/introducing-hivestar-an-image-sharing

  2. FinFarm is a Youtube channel. They are making tutorial videos for the Indian population who are into crypto and blockchain related things. They give tasks and do giveaways in HBD. And they are also promoting Hive in their podcast series.

    Here are some pictures :


  3. For investors' meet, I'll need some more time to publish a post on that.

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Hi @blackheart1 thanks for your reply. I like the photos and the idea of hackathons as you are reaching the target market that Hive needs and I can now get a sense of what you are doing now. You are ranked number 5 YTD of highest funded this year so I hope you understand my questions. Do you not think the Hive Community deserve to know seeing that you have been funded over 68,000 HBD for your project to promote Hive yet 0 posts around anything?? Surely you could muster a few posts no matter how much you don't like writing that are explaining how the events went and just add the Finfarm video links. I think the Community deserve this. It looks very shady otherwise. You can give your feedback to Valueplan all you want but the Community doesn't see it. It only sees the costs. I will look into the FinFarm. Thanks for your reply and getting back to me. Cheers.

I appreciate you providing this information. I took a cursory look at the Hivestar link, because I found it an interesting idea. The post author upvoted himself 100% (for $0.00), Ecency voted a nice $4.469, and the 13 other votes amounted to ~$.02. Strangely 9 of those 13 voters all voted at 9.5%, a specific weight that suggests all those accounts are bots controlled by one user. Is @contestbox your account? If not, why didn't you upvote the post, or comment on it? It would seem very little effort went into encouraging @lucirace to participate on Hive if you didn't even upvote or comment on his post announcing Hivestar.

I haven't looked at any of the accounts that voted on that post, to see if they post or regularly curate content on Hive. I'll bet you they don't, though, because they don't have substantial stake, and none of them commented on the post.

Hivestar.png
IMG source - peakd.com

The only comment on the post was from Hivebuzz, congratulating the OP for receiving 10 upvotes in his Hive career, and letting him know his next goal was receiving 50 upvotes. @lucirace only posted a couple tests before that post, and has never posted again. They have never received that next badge from Hivebuzz for receiving 50 upvotes.

only post on Hive ever. I noticed you didn't upvote that post or comment on it either, so gave them no encouragement to participate on Hive. You say you're not a blogger, and you don't seem to curate the content resulting from your hackathons, nor comment encouragingly.Hivestar seems a neat idea, and while I haven't tried it to see if it even works, it looks well done in the post about it. But, as far as marketing Hive and bringing new users onboard, it doesn't seem to be a remarkable success. Other than Ecency, the creator, and the bots, there were only 4 other votes for the post, much less a flood of signups. Can you provide the cost of the hackathon at which Hivestar was the winner, please? It seems to have failed to even onboard the developer that won the prize and coded Hivestar. Are you aware of anyone that has signed up and become a Hive user as a result of these hackathons? I searched vihaan, because 4 of the links you provided above had that in them. I found a post from @mayank18 about it, with a 3speak video and everything. It was @mayank18's

Every now and then I slap a level on whatever I'm building to check my work. You're working to onboard new users to Hive. How do you check your work, and show us you're on the level?

Thanks!

It seems to have failed to even onboard the developer that won the prize and coded Hivestar.

Hi @valued-customer, I'm painfully aware that the retention is next to 0 for these developers as they choose to submit a project, win the prize money and then leave the project in whichever state it was in and take part in some other hackathon.

To avoid these things to happen again, I have already taken appropriate steps. Any future hackathon will release prizes in phases. The developers would have to show their progress and post about it. Once they do, a part of their prize amount will be released. This will help in retention of the developers.

Not only this, our Hive documentation was totally out-dated. This created a lot of problems in development as well as retention. To deal with this, a lot things were done. You can check the DHF proposals to understand it a bit better.

Why didn't you upvote the post, or comment on it? It would seem very little effort went into encouraging @lucirace to participate on Hive if you didn't even upvote or comment on his post announcing Hivestar.

I noticed you didn't upvote that post or comment on it either, so gave them no encouragement to participate on Hive. You say you're not a blogger, and you don't seem to curate the content resulting from your hackathons, nor comment encouragingly.

Unfortunately, my upvote doesn't carry much value. I only recently powered up a little. But I do ask GK (from ecency) to vote those posts. That's the upvote you are seeing. I only recently got in touch with @acidyo and I'll be sharing such post links in OCD as well so that they can get some better curation.

Also, I'm physically present in all these hackathons and interact with all the teams that try to build on Hive chain. They tell me their idea and I try to guide them as to how they can build their vision on our chain. Hivestar was one of those projects.

And then, I have a 30 mins call with all the winning teams individually after the hackathon is concluded, where I tell them more about Hive, what they can do with their winnings (HBD savings, further development of their project, etc) and how they can continue to grow on Hive. But I can't force them to stay.

Are you aware of anyone that has signed up and become a Hive user as a result of these hackathons?

You should understand that onboarding is not the only goal of all the events we are doing in India. No one knew about Hive here. So conducting such events is putting our name out there. Handing out merch to the attendees makes sure that they remember us. These events are increasing our footprint and our network in India is getting stronger day by day.
The investor meet was a result of all these events. No one would have given us an ear had they not seen us in all these events.

Can you provide the cost of the hackathon at which Hivestar was the winner, please?

For the costing, you can check the transactions from VP to my account. It varies from event to event. The number of participants, the sponsorship amount, the publicity we get out of it, the merch, etc are all variables.

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