I appreciate the added information in this particular proposal but I still see NO receipts, budgets, costs or any financial backing behind the hundreds of thousands of HBD you come begging for every few months.
- What are your operating costs?
- What are your costs per event?
- What are your funds left over from the last round?
- What do you have in reserve for unexpected expenses or events?
All of this information is CRUCIAL to provide people for us to have any semblance of an idea what you are doing. There are plenty of “ideas” but very little evidence of these absolute basics.
The other thing this really speaks to the heart of - how the hell are we supposed to be taken seriously by corporations and exchanges if the people who are supposedly doing the most marketing and promotions activities can’t provide a detailed budget plan, expense report and operating costs? These are finance 101 guys. You are absolutely wasting your and our time if you can’t provide us financial information from your activities. It borders on money laundering, no joke at all. You have NO hope of doing anything in the US if you can’t provide these basics. The people in the US are extremely savvy in terms of sniffing this shit out.
I want us to succeed, but this will never succeed if you continually ignore the people who are asking you for evidence where the money is going.
You don’t have to provide names and doxx people but what the fuck is so difficult about giving us financials on hundreds of thousands of dollars every few months, coming out to several million dollars?
Putting it in “DM” is absolutely unacceptable if you are publicly asking for these obscene hands outs. If you won’t be public about it, then don’t submit a proposal. You’ve already got the backing of blocktrades (which I think is absolutely wrong given the lack of accounting) so this seems a charade.
Help us all understand what you are doing!
Good points but there is a complete set of financials coming out in a few weeks as part of the annual review. The reason they're not in this post is because we're waiting on a few refunds and some final expenses before closing off the year. The financials are going to be out very soon, with the master spreadsheet coming first because in addition to acting as a copy of the on-chain ledger, it also lets us classify these expenses.
We do not keep reserves nor ever will. We run to empty and then refill. It is like this by design because it is not the purpose of the DHF to ever contribute to any reserves, just like it shouldn't contribute to powered up funds.
One issue we know we have is the need for weekly communication. There is an earlier VP post with strategy input and a volunteer form.