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RE: What does onboarding 10,000 active users look like?

in #hive8 hours ago

We need a new decision-making procedure for the DHF.

From Day 1 I’ve been dismayed by how centralized the Decentralized Hive Fund is.

Any time you have a “Yes” or “No” decision being made by a single group, no matter how large or small the group, that’s not decentralized decision making. DHF should be funded more like KickStarter, imho. Let everyone vote for the projects they want to see funded and once a project has enough support, it can move forward.

Obviously this has the potential for self-vote and circle-vote abuse, so anti-abuse protections would be needed.

One way to handle that would be to have each proposed project have an appointed overseer who is not a member of the project team, who is perhaps randomly assigned from a pool of approved candidates, who gets paid a percentage fee to financially oversee the project.

Or, projects get voted on first, then a competitive process is used to determine who gets paid to execute the project.

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The solution is for more people to have stake.