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RE: Passion + Incentives

in Threespeak2 years ago

Consistency is the key and actually the only thing that matters over a longer period. But it's hard, and not many people are willing to put in the work while things are bad. We got used to the idea of making easy money and unfortunately, that's not sustainable thinking LOL.

Regarding financial DAO, that would be an amazing thing if set up properly. Unlike 99% of DAOs that are purely used to avoid any responsibility because de facto they're not legal entities.

Startup funding DAO might be the real deal.

We had so many ideas to build on top of HIVE, the problem is that developers are way too expensive for us to bear the funds. So fuck it, we decided to learn to code ourselves because the opportunity cost for not learning it became huge.

We literally made a 10-page long document on what features we would implement, wrapped up into a brilliant tokenomics system, but as already mentioned these things are expensive.

Moving forward we even thought of trying to connect to VCs but given that none of us had any prior experience it's practically impossible to get their attention - which is fine because we're talking real money here. On the other hand, we'd like to build a sustainable business operated and governed by the community, but the problem is that VCs don't give a shit about how we plan to improve the landscape, they only care about the money.