I'm confussed. This proposal and it's justifications reads two ways for me, one " we cannot afford to dedicate capital to land as we do not see a retun to our bottom line by doing so, please pay for it if you want it. You should want it becuse you as a community already paid for it, well truth is you need to pay for it again" and " We are doing the pre work to walk away when the inevitable day comes that we are no longer solvient as a company"
Perhaps I am being dramatic? Hysterical? IDK but how would I feel if I invested 250k across 4 years and dedicated 20+ hrs a week of my life to this project only to be further sqeezed? Pretty shitty. What I would want to hear is we as SPL the company can funtion without further monitizing our base of support. The DAO just reads like an ATM at this point.Pehaps I am too WEB2 thinking. Perrhaps DAO's should do this stuff as governance denotes ownership and we as owners are let in the loop of buisness desicions and I am just a newb to buisness? My emotional reaction is " holy crap sell my shit" but then again I have faith in the DAO as you boys and girls have held tight despiste to rockiest of conditions and likley will even if SPL caves as a company.
Ugh keeps getting diceier by the day. Wish Millions wasnt wasted. This is likley a 3 years cycle of flat like all other boom/bust cycles in crypto. We need a break even stasis. Dilluting the DAO which is pretty broke from a Software development buisness perspective should not be paying 250k to develop something it cannot guretee will pay dividends. What new player is going to care if an exspansion pack is made for something they do not even understand. If its to court 1m+ sps bag holders then just give them cards or private staking terms or some way to keep them happy as 250k crypto is a major hit and isnt even covered by the risk free rate of return on the DAO's capital so in essence cryptomancers pocket is where a major chunk of the DAO will exit. I am 100% certain he is worth the price but almost as certain the project will not even pay for itself.