Hi @rishi556,
I appreciate your perspective, and you raise a valid point about business risks and rewards. Indeed, launching a for-profit product typically involves risk-taking with the hope of future success. However, for a project like Hive CrossDEX, the scenario is a bit different.
Developing a comprehensive DeFi infrastructure for Hive is a substantial undertaking, requiring significant investment in resources, time, and expertise. While transaction fees will eventually sustain the platform's ongoing maintenance and improvement, the initial development phase presents considerable financial challenges.
The DHF grant plays a crucial role in this early stage. It enables us to cover the upfront costs and kickstart the project, which would be challenging without community support. This grant isn't just about funding. It's about community involvement and ensuring that Hive CrossDEX aligns with the needs and expectations of the Hive community.
Our goal is to build a platform that thrives commercially and significantly contributes to the Hive ecosystem. With the DHF's support, we can achieve this balance, creating a product that benefits the goals and objectives of both TeraBlock and the Hive community for the project's long-term success.
Thank you for engaging in this conversation and helping us clarify our approach.