Some interesting aspects here:
- change of operator - I'm guessing that means handing over keys?
- operator fee and plan to build an income through the fee and income from the token.
I like these innovations and it would be a good model for other tokens when an operator want to move on, rather than projects disintegrating. Also great to see options to build permissionless jobs on HIVE.
The suggestions for building the token and, especially, the incentives for LBI holders to build token liquidity look good.
As an SPI holder, I feel one of the things that SPI can help with is contributing the know-how and infrastructure support to developing and refreshing projects, so the ongoing fee to SPI looks good. Had you thought about a handover fee from the fund, or is this your proposal to handle that aspect?
Hey Shani, always love getting your perspective on these things. I'm interested to chat with yourself and SSUK regarding Handover fees and how that could work. As you can see I have put a small share for Spinvest in the breakdown, but all this is at proposal stage for now.
Many more discussions to be had before this all happens, still not sure if many LBI holders would be on-board.
Thanks for the generally positive feedback.
Just a note - I commented on a bunch of comments, through the inleo interface and now many of them are simply ... gone.
Still a LEO believer but recognizing that doing all our work on that interface may be... dumb.
The most important thread of the bulk of my comments was the thought of paying the people who work the account waaaay more than 5%. I've seen Projects ran by selfless people often end up with the same selfless people rage quitting HIVE.
Yeah - LBI is a LEO project, that won't change. I've had a few people tell me the 7.5% is not enough. My response is that I'm likely to keep buying more LBI, and move alot of my HIVE funds into a big LBI position. So yes the operator fee is one thing, but if I have heaps of tokens then working on LBI is simply working on my HIVE wallet, so building up LBI income is directly building my own income - from dividends along with the modest operator fee.
This line right here made me laugh out loud, like proper laughing!! I feel your pain