Steemit Inc.'s money, they can do with it as they wish.
Simple as that.
I am now wondering what the purpose of The Foundation shall be since from what I recall, this was in fact going to be one of the core (fundamental) responsibilities of The Steem Foundation.
Just interested in hearing it direct from the source.
Would love to hear what our Community organized Steem Foundation thinks too.
@bluefinstudios , @shadowspub and all the others voted in to do the job for fellow Steemians.
Lot's of things regarding the initial promises of the foundation didn't pan out.
Remember the funding, remember the proposals?
When it all came together after months of work the first task asked was plans for meetups. ;) Like we needed a series of elections to create that.
I'm still a bit salty.. don't mind me.
I hope that shadowspub and bluefin can still find a way to make it useful but the plan that was pitched simply didn't happen.
What do you mean? I'm a little confused. Are you saying they were promised funding, wrote up a plan, and didn't get it? Please elaborate. Salty noted.
Yes, I am saying there was promised funding. Ned promised it on and off the air on several shows, in several chats. There was a huge project and 3 or 4 community elections. There are still people working on it.
After 4 elections and several plans, I resigned when the first task was "write up plans for Meet ups" to build trust. Why would that task require several community elections, appearances on talk shows and 10 or more community proposals.... It didn't.
There are others still on the committee and the funds for legalizing it did happen. However, it seemed like an endless set of hoops to jump through, a moving goal post and a complete disregard for people's time and effort.
That foundation was also discussed as a potential place for community projects to be discussed and handed to the SPS, delegations, and other funding issues that required community input and consensus. I have no idea what is happening with it all now.
I have a great respect for the others on the team and hope they can still turn it into something meaningful.
Yeah, wasn't it a 6 million donation in STEEM from Steemit to the foundation originally and then it became something way smaller?
Thx for the reminder, I almost forget that part of our history.
WTF!!! See, how they played us, again and again... I am rage quiting!!!
No need to rage quit, just accept data when it is presented.
I wondered what had happened to those alliance posts...that's a bit sad !!
You know my views on the chain of events from back in that "era", not to mention anything here that could get people going "off-topic".
You and I agreed on the nature of the events after some discussion. So to beat that horse that isn't dead, can only lead to that horse kicking us really hard.
Which no rational person would want.
;)
PS. No, you are not "salty", you say things as you see them, nothing wrong with that in my books.
Cheers.
It’s not over yet. Still just starting!
Yeah, as I said.. I hope it creates some value in the future.
It never was (at least not officially) intended that the foundation would be in control of the delegation funds. It was only ever suggested that they ought to be represented somehow in the decision-making process.
I get that with all lf the ideas and suggestions being thrown around of what the foundation could or should be, it would be easy to confuse Inc's words and promises from community suggestions and assumptions.
"Controling delegation funds" was always going to be exclusively Steemit Inc.
The Foundation was often presented in a way that was easily understood (and justifiable legitimately) to be a community liaison for Steemit Inc. on many matters, including but not limited to topics such as "Delegation of SP for projects".
But from what I see, it has all been made very clear now, crystal clear.
;)
It still could be at some point. I don't think the time-lime for when it would be ready to take ln certain plausible responsibilities was clear? Only what Steemit Inc would potentislly like it to do?
What it looks like to me is there will be more lined up, sub committee members or whatever from the foundation. And lots of stuff to do. Not just delegation, but the overseeing of it. Three dudes can't do it all.
There will need to be pre-screening, screening, review, final review, requests for modifications, then approval, and contracts must be drafted, and reviewed, and executed, then followed up on. And then there's the whole "did they do as they promised" bit. There needs to be a team of intelligence and analytics, basically. I mean, who's gunna make sure these blokes don't go upvoting stupid crap, or running off with the shared custody of said SP baby?
Lots to do. I think everyone will be busy. And if anything, prolly there's just silence from the INC. due to the need to reduce rumor-mongering.
But, in this case, it might be best to communicate to certain people who were involved from the beginning. Cuz from what I can tell, the ones who are complaining are trustworthy individuals, who deserve explanations. IMHO.
Could be.
I guess you and whatsup are on the same page. And I missed the memo. So there's a "foundation" thing I missed. And it turned into a committee that simply delegates SP. Where did the foundation go? What was it meant to do? And why did it change?
Maybe there could be a sub committee, or prescreening committee with @bluefinstudios and @shadowspub.
Yeah, maybe.