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RE: Valueplan The Numbers October Payouts Part I

in LeoFinance19 days ago

I’m aware of Value Plan, but not fully understanding how choices get made. Do we hiveans vote on the budget? Are those memos in the payouts the only info given? Or does Value Plan publish info? Sorry if i should know this on my own, but i figure that you may be aware of if they publish info.

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Valueplan apply for DHF funding. The largest amount that is applied for by a long shot. A few of the larger accounts makes sure it gets through then project managers decide on who to fund and how much . They post a quarterly post around what they are funding but the Community have pushed back saying there should be more detail etc . This is why I post the actual numbers involved as some of them are hefty to say the least .

Appreciate your effort. Transparency is Key! There is no doubt that Hive needs to be promoted. But there is also no doubt that when there is money involved, the line between good intentions and opportunists can get blurry.
At the end of the day, i hope all those that hold the purse strings dont lose sight of the power of Hive Mind. Fewer people choosing how and where to spend funds, just means less opportunities for Hive to find those needed eyes.
Would be amazing to see proposals of the ideas being chosen within the value plan process, with those proposals getting voted on by the community, or perhaps a poll.
It’s easy to judge from the outside, but it’s simultaneously easy to get out of touch when insulated on the inside.
Its all about balance and a feedback loop.

I agree . Back through the months I ask the questions to recipients of the funding . Some replied and some still have not . I would be trust the people who reply with their side that the ones who ignore the questions. It’s too easy to get funded and not be willing to answer some questions around their funding so it’s more transparent for the community. The aim of this post is to show the Hive Community what exactly is being spent. Some of it looks fine but there are other projects that look questionable.